Chapter 8: Wall Street

The animal symphony easily awakened William White. Shaking his sore neck, Hongguo walked into the bathroom.
Well, this habit of sleeping does not match the nobility. Nobles should all wear underwear, and this would never happen to him.
"Fobo, you're done writing. You can take it to the publishing house."
"Okay, Master, this book must be very popular."
"I hope so, if it sells well, I can continue to write."
"It will be fine."
After breakfast, he rode around on the farm. This is actually his job. Few people in Texas don’t know how to ride horses, both men and women. In this era, horses can also be used as a means of transportation. Probably only Texas.
"Forbe, we will go to New York tomorrow, I want to feel the atmosphere there."
"Okay, young master, the trader has also implemented it, and you can start at any time."
"okay, I get it."
My young master suddenly grew up overnight. Forbe will no longer worry. In his view, the oil company is the root cause of the disaster, and if you give up, you give up. It doesn't matter at all.
Nothing happened for one day, and the next morning, five large pickups rushed out of the farm. Run straight to Houston.
Although there is his father's Rolls Royce at home. But he didn't like it. In his opinion, this car is more like an antique.
Texas pickups are actually more like trucks. In fact, people here like bigger cars. Footbike is not popular in Texas. The girls don't like driving this kind of car.
As an important oil producing area. Texas fuel is the cheapest in the United States. Gasoline and diesel prices are at least 20% cheaper than California. Energy saving and emission reduction are simply not feasible here.
The airplanes of this era are really tangled. I really don't get it. Shouldn't this thing be 100% safe?
The more advanced the aircraft, the more complete the accident. Your propeller plane can also make a forced landing. The jet plane is a knot at all. If a power failure occurs. Basically it is free fall.
In contrast, the 747 may be the most secure. In the future, if I have money, I will still build a 747.
His career center cannot be in Texas. Flying around is inevitable. A reliable plane is still very important.
The seats in the first class are very comfortable. The flight attendant service is also very good. But after all, it takes several hours to fly. Fatigue on the journey is inevitable.
When it came to Manhattan. It was already evening. A group of people quickly left the airport. Speed ​​up to the villa on Long Island.
This villa was also bought by his dad. No one usually lives. Now of course the cleaning has stopped. Including the bodyguard who came to pick him up today, these were rushed over yesterday. If it is not arranged in advance, I am afraid that I will stay at the hotel today.
William White was also a little tired in this journey. After casually eating some dinner, I went to bed. After all, those are not easy to deal with. It is very necessary to keep a clear head.
Although there was no animal hissing in the morning on Long Island, it was not very quiet. Various unknown birds attempt to awaken all sleeping creatures.
"Forbes, everyone else opens an account as planned."
"Okay, young master"
"After eating, let's go to Manhattan to see."
"Ok."
William White doesn't like Manhattan. The streets here are too narrow. Tall buildings on both sides of the street. It makes people feel very depressed.
And the ridiculous cow. It looks a bit unspiring in any way.
On Wall Street these years, it is more appropriate to get a big brown bear. It has been a long time since the stock market fell. Isn't it funny to get a cow. And this joke will continue for a long time.
Wall Street started the hustle and bustle of the day, even if the market was sluggish. The lively scene here has not changed.
This way of trading now appears to William White. It's like a joke at all. I really don't understand how this two-way roaring transaction method confirms the delivery of both parties.
Institutional seats are easy to say. It will be abused directly as a dog.
Fortunately, there are no retail investors in the United States, these transactions are done by stock brokers. Ordinary people can't stand this.
There is no big ups and downs now, this group of guys are like hitting chicken blood. If it has skyrocketed or plummeted. People with a bad heart can't do this job.
The futures trading market is clearly lively, and the depreciation of the US knife directly drives the upsurge in precious metals trading. Capital is profit-seeking, and the money obviously needs a place to vent.
The price of silver is only 5.6 US dollars per ounce. Obviously, this group of hasn't acted yet. William White remembers very clearly that in June, silver easily broke the six-dollar mark. Then it is all the way forward.
Why did it look like it was later, William said he couldn't understand. The price of silver is indeed underestimated. When it reached $20, it was basically within a reasonable range.
If the final price remains around 19 yuan. I believe there will be no problems. The Hunt family should have become fat pigs.
Your futures are leveraged, not to mention how much money you make by triple. A 30% increase is terrible.
One thing William White made sure that the desert tyrants were miserable. The money earned by digging in oil over the years has been liquidated.
Could it be that the target this time is the desert tyrant. The Hunt family is a patriot. In order to pit the desert tyrants, he actually pit himself into the pit.
I saw a group of traders with ugly expressions. William is also powerless. This is not your own money, so why drive yourself crazy.
Some people say that this is paradise, well, this should be a lucky guy. Some people say that this is hell, and if you want to come here, it must be the street.
The stock exchange market is a very conservative place. Not to mention that there is no online trading right now, when everyone will sit in front of the computer and buy stocks. The New York trading center still looks like this. I really don't understand what is necessary for this stuff.
William White understood why Buffett stayed in the country.
Normal people will also become lunatics here. The so-called reasonable valuation is a joke. To be unaffected, it is best to stay away from Wall Street.
"Come on, Fober, we leave here."
"Okay, young master."
He glanced at the fat cow in the distance again, and William White couldn't help smiling. In the case of severe inflation, what is the bull market there.
It is also wrong to say that no one makes money, at least you can also sell short. As long as you are bold enough, luck is good enough. CBBC doesn't really matter.
In order not to alert the Hunter family. William decided to use twelve accounts to settle in the hands of different futures brokers.
The precious metals trading market has many problems. At least one thing is wrong. The margin now is obviously too low. If there is any ups and downs, someone will immediately burst.
The face value of a silver contract is a thousand dollars. The corresponding target is five thousand ounces of silver. At first, this thing was nothing but two dollars. The subject matter is worth ten thousand dollars. Almost ten times leverage.
Now the price of silver is close to six dollars. This is thirty times the leverage. If the volatility exceeds 3%, it will burst. Now that investment is a joke, the metal futures center is more like a gaming center.
Of course, the regulators know the risks. The problem is that there is a shortage of money. If the amount of margin is increased, the transaction amount will shrink immediately. They eat by transaction amount. Anyway, the risk is not theirs. Besides, the children of other people's families can never die.
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