Reborn Capital Empire

Chapter 276 Attack the enemy's weakness with one's own strength

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In the living room of the villa, after everyone was seated, the servants around them automatically served them drinks.

"Mr. Fastow, why isn't Mr. Gillin here?" Paul Turner asked.

"The company has a lot of urgent matters to deal with, and he can't leave temporarily. However, Jeffrey has authorized me to participate in this meeting on behalf of Enron, so I can answer any questions about Enron, and even decide!" Andrew Fastow Road.

Paul Turner nodded and did not continue the question.

"Mr. Baring, how is your control of the Tulip Fund?"

Paul Turner's question is very direct. Relying on Citigroup, the largest bank in the United States, he took over the leadership of the meeting from the very beginning.

For his attitude and tone, Oliver Baring obviously had a grudge. However, he also understands that the success of this plan against Bruce Guo is inseparable from the support of Citi, so he did not express his displeasure.

"Of course! However, I couldn't have put all the money in the fund into gold in the first place."

Oliver Baring's subtext is that although he has mastered the tulip fund, he still lacks the foundation when he takes office, and he cannot make heavy bets in the high-risk gold futures.

Of course, this is also understandable. As one of the largest comprehensive consortiums in Europe, ING Group of the Netherlands cannot let go of the operation of its largest hedge fund. After all, the example of the failure of Barings Bank that year has taught enough lessons.

"How much can you put in at the beginning?" Paul Turner asked closely.

"$8 billion!"

"$8 billion?" After a flash of surprise in his eyes, "I didn't expect Mr. Bahrain to have such a deep control over the Tulip Fund just after taking office!"

Oliver Baring smiled, with strong confidence on his face. Of course, no one knew that his expression was just fake. And he's nowhere near the level of mastery of tulips that he'll be able to invest $8 billion in gold futures all at once. In fact, it is the best situation to have half of the funds available to him. But in order to increase his status in this alliance, sometimes deliberately falsely reporting a little number is not an unbearable thing.

"Since Mr. Bahrain is able to provide so much capital, then with our Citigroup, the first investment in gold will exceed 10 billion US dollars when the plan starts! With everyone's strength, this money is enough to leverage 3,000 yuan. billions of funds. Although pure money cannot affect the entire gold market, it is enough as a lever to move the earth!”

Everyone nodded in agreement. Financial markets are a confidence game. Especially in the gold market with a daily transaction volume of more than 2 trillion US dollars, it is no doubt that the oyster may be shaking the tree if you want to rely solely on money to influence the price. Moreover, if they really fight for funds, they may not be able to fight against the current booming Thunder Fund and Guo Shouyun who do not know how much funds they have in their hands.

Therefore, it is wise to do so: mainly to combat market confidence, supplemented by money. Compared with Guo Shouyun, they far surpassed each other in terms of contacts and influence on the financial market. This is the best way to "attack the enemy's weaknesses with the long side".

"Mario, it's your turn!"

Mario Kempas nodded. As Argentina's finance minister, he didn't mind exposing to these people the secret financial information he knew about Argentina's interior. The reason is simple, he has enough money promised from Citi. In addition, it is possible to get much-needed funds for Argentina.

Since it is something that benefits both himself and the country, he will naturally not refuse. As for Bruce Guo, people he doesn't know have nothing to do with him.

"At present, Argentina's overdue foreign debt is 2.348 billion US dollars. As long as this part of foreign debt is repaid, it can restore market confidence, stabilize the entire South American financial order, and then suppress the market's risk aversion and make gold prices fall." After a pause, Mario After Kempas quickly swept everyone's faces, "Of course, if you can provide more funds, then the speed of subsidence of the Argentine financial crisis will be faster."

The corners of Oliver Baring's lips twitched.

He was not interested in the Argentine financial crisis, nor did he want to help them calm the crisis. All he wants is news that Argentina's financial crisis has subsided.

"As for the funds needed to quell the crisis in Argentina, we Citi will solve it. But the main force of leveraging the gold market will depend on Mr. Bahrain and your tulip fund!" Paul Turner said.

The difference between Citibank and Tulip Fund is that the latter is always chasing high-risk excess profits. The latter are interested in financial products with different risks and different returns.

Although Argentina is in a financial crisis, as a country, there is no possibility of it going bankrupt. So, the money you lend to Argentina, or buy its government bonds, will always pay off.

The most important thing is that Argentina's national debt or borrowing does not exist, or there is a possibility of minimal losses. But gold futures are different!

It is for this reason that Paul Turner, on behalf of Citi, took the initiative to take over the guarantee of stabilizing Argentina's financial order. Moreover, what he didn't say is that in the internal discussions at Citi, in case the 'anti-Guo alliance' ends up failing like the previous 'Hound Project'. Then they won't suffer too much loss. If successful, of course, their share will be indispensable.

There are smart people here, and Paul Turner's considerations can be more or less guessed. But no one doubted it. Because Citi's strength is there, they have the greatest say.

"Grant, as for the interior of the United States, I need to meet your father!"

Grant Schiff nodded.

"No problem. In fact, my father would love to have a face-to-face meeting with Mr. Turner!"

"Okay! It seems that everyone has no doubts about the previous arrangement?" Paul Turner said after turning his eyes back and forth on everyone's faces. UU reading www.uukanshu.com

"I have no doubts about the previous plan, but it is already August 6th. From the information obtained, Bruce Guo has also put his funds into the gold market again. So... When do we start?" Andrew Fastow asked.

After a faint smile, Paul Turner said, "Wait until the gold price has reached its peak."

"But we can't accurately predict the market. What if this wave of gains lasts for half a month, or when the Thunder Fund withdraws?" Andrew Fastow frowned.

"Mr. Fasto rest assured that in three days, we will release bad news to the gold market. If the gold rally is successfully interrupted, the subsequent short-selling funds will enter the market one after another. When it falls, we planned All good things can begin!"

After listening to Paul Turner's words, Andrew Fastow nodded. But looking at the calm expressions of Grant Schiff and Oliver Baring around him, he suddenly understood. It seems that within the entire 'anti-Guo alliance', he is the latest to know the news! This could not help but cast a shadow on his heart. He instantly realized that An Ran's fall had made him marginalized here!