Chapter 502
Chapter 502
The goal of the Chang’e Project was to explore the lunar resources and return with samples. Although the design was changed in a hurry, the amount that could be carried on Chang’e No. 8 was limited.
The sample brought to Earth weighed only 860 kilograms, of which geratinium weighed 620 kilograms.
Nothing changed right away. It simply added 620 kilograms of geratinium on Earth, and the price was only $150 million.
This was less than one-tenth of the cost of sending Chang’e 8 to the moon.
It has been confirmed that geratinium mines exist in the Sea of Abundance, but there is no guarantee that they will be able to mine as much as they need.
The mass production plan announced by Seoseong SB was also hard to believe. It was unclear how much the annual production was and what the yield was.
However, the whole world was turned upside down just by showing the possibility. Global stock markets soared all at once, and the safe-haven assets such as the dollar and gold showed a downward trend.
Investment companies and economic research institutes began to analyze the economic effects that will occur in each industry in the future due to JN batteries, and battery companies started researching batteries using geratinium.
Countries struggled to figure out how to get geratinium on the moon.
The only countries that can send spacecraft to the moon right now are the United States, China and Russia. But he couldn’t stay still.
The European Space Agency (ESA) announced plans to send probes to the moon, and European leaders met in Paris to discuss future space development plans.
The Indian Space Research Organization (ISRO) and the Brazilian Space Agency (AEB) made a move to join hands, and the Korea Aerospace Research Institute (KARI) decided to pursue a joint launch with Los Cosmos.
* * *
Asian currencies linked to the value of the yuan also rose at the same time.
In particular, the depreciation of the won was noticeable. Similar to the financial crisis, it fell to just before 1,500 won per dollar. However, foreign capital was buying too many won-denominated assets, and there were even signs of breaking 1,000 won per dollar now.
The money that Jin-hoo Kang raised from selling bonds was used to get short sales. In the meantime, in order to prevent the collapse of the global economy, it has bought RMB as well as currencies from emerging countries at random.
As the number of purchases increased, the losses increased like a snowball. Until just before, the situation was so precarious that I thought I was barely holding on.
It was good to say that all the money invested in various derivatives was blown away.
If the global economy went down like this, far from recovering the principal, it was absolutely impossible to repay the debt. But in an instant, things changed.
The sight of the stock market display board, which had been lit up with blue lights, turned red in an instant, was an amazing spectacle that was hard to see anywhere else.
Jung Gi-hong muttered with a blank expression on his face.
“It’s the first time I’ve seen anything like this in my life.”
Park Sang-yeop nodded his head.
“It’s like looking at some North Korean card section.”
Jung Ki-hong turned his head to the side and asked.
“How much do you think the rate of return will be?”
“At least twice. Won’t you make a trillion dollars?”
The staff looked at a loss for words in shock.
It is easy to turn 80 million won into 160 million won. Making 800 billion won into 1.6 trillion won is not easy, but it is possible.
But is it really possible to turn $800 billion into $1.6 trillion in just a couple of months?
It was unbelievable even when I saw it with my own eyes.
“Shall we contact the Guinness Book of Records?”
“what?”
“It’s an investment with the highest return in a short period of time.”
The bet on everything worked.
OTK Company made the biggest profit in the shortest time in history. This record will never be broken in the future.
* * *
I woke up.
I think I closed and opened my eyes for a moment, but to my surprise, 15 hours had passed. I don’t know how long I’ve slept like this.
I opened the blackout curtain. The sun was shining and it was hard to open my eyes.
Surprisingly, the sky in Beijing was clear. The reason is that factories around the city have come to a standstill due to the economic crisis in the past.
I looked down on the city. Cars filled the road, and people were busy passing by.
A day passed, and the world was still the same.
If you think about it, it’s normal. Just because a new technology comes out doesn’t mean the world will change immediately.
What has changed is people’s perceptions.
It will take several more years for JN batteries to be mass-produced in earnest. But now everyone believed in the potential of geratinium mines and JN batteries on the moon.
If everyone believes it, it becomes a reality.
I looked at my phone and saw dozens of calls.
I called one of them.
“I called.”
Ellie said in a pleasant voice.
[what? I was worried because I couldn’t call.]“Sorry. I was sleeping.”
The surroundings are a bit noisy.
“Are you at work?”
[Absolutely. I’m crazy because of Jinhoo now. I think I will have to work overtime for a few days.]“Again?”
[When the market is bad, it’s bad, and when it’s good, it’s good, so it’s a financial company to be busy.]That’s too right. Perhaps OTK Company is in a similar situation.
[Are you eating well?]“of course.”
[lie. When I saw it on TV, my cheeks were thick.]In fact, he often skipped meals. She couldn’t even remember what she ate. After hearing Eli’s words, I suddenly became very hungry.
Now that I’m in China, I’ll have to do some sightseeing on the mainland.
Ellie said jokingly.
[Seeing the market today, I must have made a lot of money. How do you feel when you earn that much?]“not too bad. Rather, I want to see Ellie.”
Ellie was taken aback by my words.
[really? How much?]“Very many.”
[Hmm, do you have anything else to say other than that I miss you?]I thought for a moment and then said.
“I love you.”
[It’s nice to hear that. Can you do it one more time?]I’ve said it over and over
“I love you.”
[I love you too. You can’t sell your eyes to a Chinese beauty.]I laughed bitterly.
“I see.”
As soon as I hung up the phone, I thought that I should have something to eat.
I washed and got dressed. When the door was opened, the guards waiting were perplexed.
“What are you doing?”
“I am going to eat.”
I went down the elevator with the security guards to get out of the hotel, but a problem arose.
At the entrance of the hotel, not only media outlets from all over the world, but also thousands of people gathered. They looked at me and screamed.
“Wow!”
Reporters pointed their microphones and asked questions.
“Where did you hear about geratinium in the sea of abundance?”
“What is the release schedule for JN Battery?”
“Tell me something about the global economy.”
Dozens of questions were asked at once.
What’s this to someone who’s starving to death right now?
One of the reporters asked aloud.
“How are you feeling now?”
I said frankly.
“I’m hungry.”
* * *
[World stock market soars one after another!][Hedge funds are going bankrupt!][JP Morgan, Redstone stocks plummet due to concerns about derivatives loss!][Short covering continued for a while… … ][OTK Company, the highest profit ever!][Estimated to reach $1 trillion in revenue!][Jinhoo Kang, ‘I’m still hungry’][Not satisfied with a trillion dollar profit… … ]Articles were pouring in non-stop, and the Internet swarmed.
– Kang Jin-hoo changed the world.
– Is the era of OTK Company open now?
-If you write world economic history later, it seems to be divided into before and after the earthquake.
-One person has turned the tide of the collapsed global economy.
– This can only be explained as crazy.
-Ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh I’m gonna buy some stocks
– Oh! I shouldn’t have bought back the Chinese fund and had to ride it!!
-A trillion dollars. Making money was the easiest thing in the world.
– High risk, high return. He poured all his fortune on his own and received a short sale.
– This money is mine now!
– But I’m still hungry!
-This is the Korean speculator class!
– How much more do you want to earn?
-If JN Battery is released, won’t you make more money than you have earned so far?
– I want to get a job at OTK Company~~
* * *
Many people were relieved and cheered for the recovery of the financial market. But not everyone could laugh.
A terrible situation unfolded for hedge funds that had been selling short in hopes of a global economic collapse.(Read more @ wuxiax.com)
Falling from heaven to hell was instantaneous.
The Chinese financial authorities did not even give them room to liquidate their positions. There was even talk that the announced exchange rate, which was 6.2 per dollar, could be raised to 5.5.
He was determined to raise the value of the yuan as much as possible in a short period of time and put an end to speculative capital.
Hedge funds that have been selling short in the Chinese market have suffered an irreversible blow. It was meaningless to estimate the amount of damage. Margin calls came in as the margin decreased, but there was no way to save money anymore.
Albert Management CEO Carl Singer continued to contact Rothschild for information and support, but was unreachable for several days.
“Damn it! Why aren’t you contacting me?”
On the other hand, calls from big-name investors flooded.
Until before, they came from all over the place with money, and everyone was anxious because they couldn’t invest. But now, everyone was anxious to recover their investment.
Unfortunately, he wanted to return his investment, but had no money to return it. At this time, even short sale repayment was not possible.
At this rate, bankruptcy is inevitable.
He reached out to private equity fund Schnitz Investment CEO Paul Schnitz to discuss a response. But as soon as the other party answered the phone, he started yelling.
[Damn! How can this be? You hit us in the back like this?]“What do you mean?”
[Rothschild-owned banks bought a lot of futures and options we had been selling.“What, what?”
[Since last month, I liquidated my position and escaped!]“No, that’s absurd. No way… … .”
[Damn it! You said you would win unconditionally, but now it looks like we’re all going to die together!]Finally, the phone hung up.
Carl Singer, who had been silent for a while, smiled involuntarily.
“Hahaha.”
After founding Albert Management, he did anything to make money.
Just before bankruptcy, he bought state bonds at a bargain price and then seized private planes and ships to receive the full principal and interest, and even ripped off international support for children’s vaccinations to make a profit.
Despite all kinds of criticism, he didn’t blink an eye.
His belief was that there is no right or wrong, neither good nor evil, neither enemies nor allies before money. And the Rothschilds acted on that belief.
Instead of pushing others into limbs at the last minute, they created an opportunity to escape. He was just a long-term horse that was used and thrown away.
Only then did Carl Singer realize that he had been abandoned.
He said, ‘I thought he could get everything… … .’
What was once held in the hand suddenly fell through between the fingers. He reached out to grab them again, but to no avail.
What’s wrong with that?
Everything was perfect. It could never fail. Yet it failed.
No matter how I thought about it, there was only one reason why this happened.
Something simmered in her chest.
Carl Singer let out an unbearable, painful scream.
“Aww! Jinhoo Kang!”
