Chapter 2498 Sun Mingyue Runs Away
Immediately afterwards, Chen Mo called Huang Jinrong, the person in charge of Hongxing Gold Mine.
"Mr. Chen, what can I do for you?" Huang Jinrong said flattered.
Ever since Hongxing Gold Mine was acquired by Chen Mo, Huang Jinrong had no contact with the head office except for completing the gold mining volume required by the head office every year.
Not to mention the big boss Chen Mo, he is not even qualified to meet people of He Chaoling's level.
Huang Jinrong was a little uncomfortable with the sudden visit of the big boss.
"How many tons of gold did we have in stock before the gold mine was mortgaged?" Chen Mo asked.
"About 2200 tons," said Huang Jinrong.
"Well, have someone prepare to ship out immediately." Chen Mo said.
"Ah? But... the price of gold is rising like crazy! If we release the gold now... wouldn't it be a bit of a loss?" Huang Jinrong muttered.
"I don't want to say it a second time!" Chen Mo said in a deep voice.
Chen Mo was in a good mood after just smoking a cigarette, so he didn't fire Huang Jinrong directly as he did before.
Huang Jinrong reacted immediately, shivering with cold sweat, and said, "Boss Chen, I was too talkative! I will immediately have someone prepare to take all 2200 tons of gold out of the warehouse!"
"Well, remember to report to me when you're done."
As soon as Chen Mo hung up the phone, Sun Mingyue immediately hugged Chen Mo from behind like a water snake and wrapped around him.
After a long time.
Chen Mo sighed: "Sakura language is good, Sakura language must be learned."
This authentic Sakura girl speaks Sakura language, which you can't experience anywhere else.
the other side.
The six major chaebols including Nohara Shintaro gathered together to discuss important matters.
A beautiful assistant stood straight with a pair of slender legs wrapped in black stockings. She reported loudly: "Dear presidents, the foundation's big move has already begun. According to my understanding, the foundation has invested a total of 2 trillion to go long on the gold price.
As of now, the price of gold has soared to 1200 U.S. dollars per ounce.
It is expected that after 10 days, when the money supply is completed, the price of gold will rise to 1900-2400 Ba Guo Yuan per ounce! "
Nohara Shintaro and the other six people showed obvious expressions of relief on their faces.
Originally, they were reluctant to take the risk of re-mortgaging the Hongxing Gold Mine.
After all, in the contract signed with Chen Mo, the penalty for breach of contract was almost equal to the value of the loan.
But if the final price can soar that high, then the business is worth the risk.
Chen Mo mortgaged the gold mine at 900 Ba Guo currency per ounce. As long as he could re-mortgage the gold at 1600 Ba Guo currency per ounce, even if they had to pay the penalty, the six chaebols would have been able to break even.
Above this price, they would make pure profit, even if they had to pay Chen Mo a penalty for breach of contract.
What’s more, after the second mortgage, if the money is invested in the Khmer market and the hedge with Chen Mo is successful, even Chen Mo will not be able to redeem the gold mine!!!
By then, Chen Mo will be left with nothing, both money and mines, and the six chaebols will win big!!!
With this thought in mind, Nohara Shintaro immediately made the decision: "Send someone to notify banks and financial institutions around the world immediately to see who is interested in the Hongxing Gold Mine and is willing to provide us with a mortgage loan.
Remember, if the price is lower than 1600 Ba Guo per ounce, just ignore it. "
Beautiful assistant: "Hayi!!!"
As soon as the news that the world's largest gold mine was going to be mortgaged spread in the financial world, it immediately attracted the interest of the world's top banks, financial institutions, and even individual investors.
They flew to the Sakura Country to meet with the six major chaebols to discuss the mortgage of gold mines.
One day passed.
The price of gold rose to 1300 U.S. dollars per ounce.
Two days passed.
The price of gold has soared to 1500 U.S. dollars per ounce and is still rising wildly.
Three days passed.
The confidence of the six major chaebols has swelled to the extreme.
When I first negotiated with those who wanted to cooperate, they were quite polite and courteous.
However, the soaring gold prices have made the attitudes of the six major chaebols increasingly arrogant.
At the end, Nohara Shintaro even made a bold statement: "The price of gold will definitely soar to 2500 Ba Guoyuan per ounce this year!!! So those who come to discuss mortgages with less than 2000 Ba Guoyuan per ounce can leave directly and don't need to negotiate with us!"
It’s no wonder that Nohara Shintaro’s bold statement actually came true, but it was more than ten years later.
In 2008, gold is more valuable than the currencies of major countries. Which top financial institution would not be tempted by such a big deal?
So they tried every possible way to please the six chaebols, using connections, making connections, and using all sorts of tricks!
Most of them want to take over the gold mine at a price of 1700-1800.
According to their estimation, if they acquired the gold mine at this price, they could maximize their profits, whether they collected the loan interest from the six chaebols or resold the gold mine in the end when the six chaebols were unable to pay to redeem them.
But the six major chaebols remained steadfast in their determination and refused to give in.
Major financial institutions dare not offer such a high price.
The negotiations reached a deadlock at one point.
Five days later, when the price of gold had soared to 1900 U.S. dollars per ounce, the hearts of major financial institutions were pounding!!!
Looking at this situation...is it really possible that the price of gold will break through 2000 U.S. dollars per ounce?
Even soaring to 2500?
If that were the case...
The price of 2000 is really not expensive!
Many financial institutions started new rounds of negotiations, and the prices kept going up, but no one dared to bid higher than the market price.
At this moment, Chen Mo saw the right opportunity and waved his hand, saying, "Feed out the chips, let the other party think we are going to launch a final counterattack, and lure the other party to increase the stakes!"
Han Li was immediately shocked when he heard this!
After so many days of defense, we finally see the dawn of victory!!!
"Everyone listen up, place your chips, hedge!!! Bring down the market price!!!"
"Remember, if you short sell 50 shares, you must have a backup plan!!!"
"We must make the enemy think that we are about to launch a final charge!!!"
"Yes!!!"
Sun Mingyue looked at the red and green Keguo market, then secretly ran to an empty corner, took out her phone and dialed a number: "Sun Group's goods in Keguo market, sell them all in the next two days, retreat three steps and advance one step, hold the position, and leave no trace."
The traders of Sun Group also immediately became active!
"The boss has spoken. It's time to run away!"
"The ratio of buying to selling should be controlled at nine to one. Selling should be resolute and buying should be at key points!"
"Hayi!!!"
"We are selling 50 shares at a time, and you are buying 50 or 1 shares at a time. Do it now!!!"
"The boss has first-hand inside information. The restaurant will be closed soon! We are full now, so let's pack up and take it away!!!"
"..."
Sun Mingyue listened to the voice coming from the other end of the phone, with greed flashing in her eyes.
She didn't know whether other people made money from Chen Mo, but in this wave of market conditions, she and her Sun Group made a lot of money from Chen Mo.
"Chen Mo, I am not using you. There is no love or hate without reason in this world. There is only eternal interest. This is what you taught me!"
