Chapter 322: New York Daily
[On October 5, the price of gold futures for December delivery on the New York Mercantile Exchange rose by $25 per ounce to close at $310, and once rose to $330 during the session, the highest in nearly 9 years]
Queens, New York,
Smith Building, office on the fourth floor.
Abel leaned back in the boss's chair and watched the gold futures market on the screen monitor.
The international spot gold rose to $850 an ounce on January 23, 1980.
Unfortunately, the good times were short-lived, and the price of gold fell all the way from February 1, 1980.
With the new economic growth drivers brought about by the information industry revolution, gold entered a long downward cycle until the eve of the millennium.
In September 1999, in order to prevent the price of gold from falling sharply, the European Central Bank and 14 European countries signed an agreement on central bank gold sales.
It is to the effect that central banks of various countries will sell gold in batches and in limited quantities in the next five years.
A major factor in gold's decline has since disappeared.
In 2000, the dot-com bubble burst in the United States.
The market has shown a risk-off mentality, and gold, a hard currency against inflation, has begun to gain popularity again.
Gold, which has been falling for two decades, is finally starting to strengthen.
Not long ago, the big event happened, and risk aversion intensified, and gold once rose to $330 an ounce at its peak.
In the face of this big market, the financial giants of all countries in the world will certainly not let it go.
The same goes for Smith Capital, in fact, back in early August of this year.
Abel has already asked Smith Capital to gradually build a position in London gold spot.
It's just that in order to avoid being too high-profile, the number of positions built is not very large.
In total, about $5 billion was invested.
Wait until after the big event, when the US financial markets are closed.
Smith Capital (UK) immediately opened a long position in London Gold, and the US took the same action immediately after the opening of the financial market.
Almost a month has passed, and Smith Capital has invested a total of about $50 billion in international gold spots.
This used half of the $50 billion in Smith Capital's 7th private placement.
The remaining $25 billion, as always, used the margin provided by Pacific Commercial Bank, Wells Fargo and Citibank.
And London Gold, after continuing to rise for nearly a month, has begun to gradually weaken.
After all, gold has been weak for 20 years, and it took only these two years to break through $200 again.
You must know that five or six years ago, when the international spot gold was at its lowest, it was as low as $150 per ounce.
People's psychology has not yet reversed, and they have not yet realized its inflation-resistant value.
The so-called prosperous antiques, troubled gold.
The 21 st century, which has undergone great changes unseen in a century, has just begun.
Everyone's minds haven't been reversed.
So now the international spot gold has shown signs of falling.
Many retail investors and small investors are trying to pull out.
But what they don't know is that well-informed big institutions and Wall Street are still gradually building positions at this time.
Because in a few days, there will be a new black swan spreading its wings, which can provide another wave of help to international spot gold.
After looking at the data of spot gold, I made sure that I did not leave my grasp.
Abel pressed the phone next to the monitor, and soon Smith Capital was one of the CEOs and presidents.
David Mellon and Merio walked in.
Both men are dressed similarly, with white shirts, tie and leather shoes, meticulous hairstyles, typical Wall Street elite looks.
"Boss—"
“BOSS——”
"It's all here, sit down. Tomorrow the company will move to the Smith Building. Employees don't have emotions, right? ”
Abel asked with a smile.
Smith Capital also has the headquarters of other companies.
All moved to the Smith Building, formerly known as the Woolworth Building, in the heart of Manhattan.
This matter was announced to the group as early as May this year, after Abel's successful acquisition of Woolworth Building.
Whether it's Smith Capital, or a few other companies, they all know this.
At the beginning, except for Smith Capital, most of the employees of Abel's company were very excited.
After all, you can work in Manhattan, which is for most of the white-collar social animals in the United States.
It can be said to be a status symbol, just like the social animals who work in the CBD in the second ring of the imperial capital, they will also feel superior.
But that was when there was no such thing as 911.
After the big event, Abel's decision to move in has not changed.
Many of his employees, mainly middle and lower-level employees, were a little hesitant and scared.
They were all worried that the Woolworth Mansion would become the second twin....
This is actually human nature, and it hasn't been a month since that incident.
Hearing the boss's question, David and Merio glanced at each other.
Merio shrugged and motioned for the CEO to answer the question.
David then spoke, "I have some opinions. There are too many people who have died. Some of them are friends they know or something. ”
Abel thought to himself, that would be great.
It's just the right time to take this opportunity to fry some people after they appear in newspapers and on TV.
Others will know more clearly about Abel Smith's support for Manhattan and his love for New York!
Abel said unceremoniously:
"As I said earlier. If someone doesn't want to go to work in "dangerous" Manhattan. That's fine, then ask them to hand in their resignation letter. ”
The words are nice, but in fact, it means to fry you fish directly.
This brings us to the labor of the United States. Move. Legal.
The United States does not have "Law. Move. The term "law" is commonly referred to as labor law.
It is not a law, but a legal system.
This is because the federal government, every state, county, city, or even town may have its own labor laws that are largely the same but have different details.
Like in Huaxia, if you do it according to the form, the company takes the initiative to fire an employee's You Yu, and generally has to pay 16 months' salary.
The cost of layoffs is extremely high.
The U.S. labor law system does not provide for redundancy compensation.
The Worker Adjustment and Retraining Notification Act alone provides for a vague provision that requires 60 days' advance consultation with employees for mass layoffs.
The "negotiation" here is used by capitalists and corporations in a brilliant way.
Like Abel, he has already planned to fry some people this time.
According to this law, 60 days' wages are strictly paid.
Abel raised by 50% and gave 90 days' salary, which is interesting enough, right?
This explanation is not only legitimate, but also gives the impression of being very generous and a good boss.
But.... This compensation of 90 days' salary will only be given to the basic salary, and will not include dividends, bonuses and other things.
And the income other than the basic salary is actually the bulk of the income of most Wall Street workers.
Therefore, Smith Capital speculated a few more people, and the labor cost was really not so exaggerated.
The company has not been speculated until now, and it is too uncapitalized.
Other companies are the same, they will only pay a basic salary for three months, and there is no bonus or anything.
Taking advantage of this relocation of the headquarters, if someone is really unwilling, Abel will certainly not be polite.
On the one hand, this can have the effect of standing and deterring internal employees.
It can be used to create an image that you are optimistic about Manhattan and love New York.
This helped him a little later in his plans.
Abel also wished that the employees would come forward a few more, and he didn't want to go to work in Manhattan.
In that case, you can fry a few more people.
Now the U.S. economy is in a bit of a depression, and many people don't have jobs to do.
The same is true for white-collar elites, who are not afraid of not being able to recruit people in the field of job hunting.
Seeing the resolute attitude of the boss, David Mellon naturally could not disobey.
Smith Capital's relocation of its headquarters tomorrow will be decided today.
As the leading boss, Smith Capital will be the first company to enter the office of Smith Building.
As for Abel's other companies, they will also move in one after another.
Smith House (Woolworth Building) after five months of lease clearance and renovation.
At this time, it has also taken on a new look, both internally and externally, it can already accommodate the headquarters of so many companies in Abel.
The 57-storey building has 42 floors at the bottom, with about 1,600-1,700 square meters of office space on each floor.
The 10-storey building of 43-52 has become much smaller.
But each floor is about 300-350 square meters.
These floors and the top 5 floors were actually built purely by the builders for the sake of height.
In order to become the tallest building in the world, the original 42-story Woolworth Building has become the current 57-storey.
Including the lightning rod at the spire, the height of the building is more than 318 meters.
The internal floor area of the upper part of the building is naturally much smaller and narrower than that of the normal office building below.
The top 5-story tower, the first four floors are only about 200 square meters.
The top floor is simply more than 100 square meters.
Not counting the top 5 floors, the office area of the remaining 52 floors has exceeded 70,000 square meters.
According to the office area of about 10 square meters per person.
The Smith Building has the capacity to accommodate more than 7,000 people.
It is more than enough to accommodate the headquarters employees of all the current companies under Abel.
As for the top five floors, they have been renovated during this time.
It will be transformed into a luxury condominium called "The Summit".
This residence will be crowned on the crown of the Woolworth Building.
The five-story building covers an area of nearly 9,680 square feet, almost more than 900 square meters.
There will be a 408-square-foot observation deck on it, which is 727 feet higher than City Hall Park. In the development of the interior design, Zaha Hadid, the female devil who is not very famous now, took action.
It will be one of Abel's later residences in Manhattan.
To put it simply, it is the original Woolworth Building, and now the Smith Building.
The top five floors will become Abel's personal quarters.
The 52nd floor below is the office of the Smith family in New York.
The renovation began in May, and it has now been five months.
It's almost all done, but Abel hasn't actually seen the top mansion on the roof.
In fact, with his character, there is a high probability that he will not live in the peak mansion many times in the future.
The main thing is that it's too high, and it's too dangerous in case something happens.
He still prefers villas, or townhouses in Manhattan, to such skyscrapers.
Living in these places, at least you can run when something happens....
The reason why this "peak" is made is purely that the area of the top floors is too small for office.
Plus the view was so good that he could overlook the whole of Manhattan, so he simply made them mansions.
In the future, I will be in a better mood and stay for a while. Usually he still likes to live in a low villa, which gives him a sense of security....
After all, he is not Iron Man, and there is no Mark armor that can carry people around.
If Iron Man who lives on the roof of the building encounters any problems, he can put on his armor and fly away.
Abel, who lives on the top of the building, if something happens, it is really a day that the earth is not spiritual.
He spent the morning at the Smith Building, and at noon he made another appointment to meet Ted Lerner.
The two met in Midtown Manhattan, near 111 West 57th Street.
The convoy stopped directly on the side of the road, and the staff of the rock security quickly dispersed after taking precautions.
Abel and Ted Lerner got out of the car.
After coming down, Ted Lerner couldn't help but say, "Your bodyguard measures are too good. I feel like even the Grand Commander is just that. ”
"For safety. Personal safety is always paramount. Only when people are alive can they have infinite possibilities. Abel said casually with a smile.
Ted Lerner shrugged, looked up ahead, and said, "Look ahead, this is 111 West 57th Street." ”
Able nodded, "Let's go over and have a look." ”
Then the rock security opened the way, and Abel and Yin Kana's father walked forward.
This place is situated in the middle of New York. The center of the south side of the central part of the central park, and the middle. Yang Park is only separated by two small buildings in front of it and a large road.
The distance in a straight line is less than 50 meters, and the place at 111 West 57th Street is currently only a low-rise building 30 meters by 40 meters wide.
The two of them were here because they were chatting at Charlie Brown's pizzeria yesterday.
Ted Lerner took the initiative to mention that there was a vacant lot in Midtown Manhattan that was about to be auctioned.
Abel had previously mentioned to him the idea of building a residential building in Manhattan.
Ted Lerner mentioned.
Abel's attention in this regard, although it was all attracted by the Hudson Bay side.
But he felt that in this time of crisis in Manhattan.
The richest man in the world said that he would build a building here, or a residential building.
Presumably, you should be able to add another layer of love for New York to yourself.
This is similar to moving your headquarters to Manhattan.
When the time comes, he is mainly responsible for paying for it.
The specific work will be carried out by New Beginnings Real Estate and Ted Lerner.
Anyway, being idle is idle, so he came over to take a look.
After looking around at 111 West 57th Street, Abel felt that it was too narrow.
Roughly 30x40 at most, with an area of less than 1,200 square meters.
The building built here is boring if it is short, and it is definitely a slender and long toothpick building in the shape of a bamboo tube.
Abel makes this point, but Ted Lerner thinks it can also be a selling point.
"We can build it tall and long!" Ted Lerner said:
"That high-rise view will have the best view of Manhattan! You can even overlook the whole of New York. We can make money entirely by selling high-rise units! ”
Abel knew what Ted Lerner meant.
Abel remembers that in parallel time and space, most of the buildings that appeared in Manhattan after 911 were thin and tall toothpick buildings.
Most of them were still residential buildings, and he remembers selling well.
Because there was news at that time, there was a rich man in China who spent 280 million RMB to buy an entire floor, probably less than 900 square meters.
300,000 square meters, there are still many people who say that it is not expensive.
Thinking of this, Abel also said, "Then build it." Let the Lerner Group get a plan and hand it over to my New Beginnings Real Estate. Only if the review is passed, then I am willing to pay. ”
"Bingo!" Ted Lerner exclaimed happily, "No problem! ”
Abel smiled, this cooperation was just an idle investment for him.
Of course, it's good to be able to make money, but to lose money... With the location of this area, as well as Ted Lerner's achievements in the real estate industry, he should not be compensated.
For Abel, this is also the performance of the chain of interests he gave to Yin Kana and Ted Lerner, plus a layer of performance.
But for Ted Lerner, it is the largest project that the New York real estate developer has ever participated in.
In parallel time and space, Ted Lerner had a particularly difficult time at this time.
Yin Kana's father was collected by the bank at this time, and he happened to encounter the sharp decline in New York real estate caused by 911, and the market was very bad.
Ted Lerner, who has most of his assets in New York real estate, has lived a hard life for many years and almost went bankrupt again.
In this plane, because of Abel.
Ted Lerner in this period had a good time.
With the relationship between Abel and Yin Kana, Ted Lerner does not have to worry that no bank will lend him money.
And after having sufficient capital turnover channels, Ted Lerner, who mainly relies on real estate companies, naturally mixes well.
In addition, his other important industry, that is, the TV show merchant industry, can also be helped by Smith Media.
Some of the TV shows that Ted Lerner has been involved in producing have good ratings on AMC's side.
For example, this year's Miss Universe created a rating of 10 million people on AMC TV, setting a record for this show.
In addition, he also has a number of investments in Smith Capital's private placement.
From last year to now, it is very appropriate to describe Ted Lerner as a spring breeze.
Perhaps because of this, Ted Lerner did not start to contact Masaharu this year like in a parallel time and space.
To know Ted Lerner on another plane.
Will be a third-party candidate next year, clamoring to run in the '04 election.
As a result, in 03, this pie with tens of thousands of people was classified.
He became the leader of one of the small factions, and for another two years, this small faction was directly disbanded....
The undying Ted Lerner, in 06, joined another third faction, and then it was a farce.
Before 2010, Ted Lerner first joined the donkey, then jumped to the elephant, then jumped back to the donkey, and then jumped back to the elephant....
Jumping left and right is not enough to describe, this is jumping everywhere.
Until 2010, his business stabilized.
He was relieved to stay in the elephant.
Later, when the time came, he jumped out again, and then was inexplicably pushed up by the general trend.
[When heaven and earth come together, the heroes are not free. 】
The first half of this sentence is the best description of his early career in Zhengzhi.
As for whether the latter half of the sentence will appear, Abel doesn't know.
Because Abel had already crossed by then.