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Chapter 197: The Honor of the King of Short Sellers


It was John Mellon who called.On the phone, the senior personal services manager of Wells Fargo said to Abel regretfully: "Abel.I have to inform you.Something you mentioned to me before.After I informed Mr.

CEO of Wells Fargo, it was denied. ”Abel was no surprised.Originally, the idea he had mentioned to John Mellon at the time was a bit of a matter of assumption.Wells Fargo is not his private bank, and it can't do that for him."

It's okay.John.Actually, I didn't have much hope at the time. ”Abel said.There is some regret in John Mellon's words: "Although I believe in you.Believe in your investment ability and trust in your investment vision.But unfortunately, neither our CEO nor Mr.

Alpha are willing to take such a big risk.Wells Fargo is, after all, a bank for depositors.They are accountable to the bank's customers. ”Abel said, "Needless to say.John.I understand what you're saying. ”Abel had made a bold proposal to John Mellon.That is to join forces with Wells Fargo to short international crude oil this time.In the foreknowledge of the smoke of fate.This time, international crude oil will fall very badly.It is a good time to short crude oil.Shorting crude oil will not be slower to make than shorting U.S. stocks and making money in the foreign exchange market.The crude oil market is one of the largest investment markets in the world, along with the foreign exchange market and the stock market.Forex and stocks are things that cannot be seen or touched.Crude oil futures.That can be requested to be handed over after the contract expires.That is, it is possible to get real oil.This is the difference between futures and forex as well as stocks.Oil is now the real world currency.The dollar is just a parasite on oil.John Mellon said regretfully again: "My personal position is that it is a pity to miss this opportunity.But I can't help it, I think it would be difficult for the board of directors to approve such a decision even if Mr.

President and Mr.

Alpha support it. ”Listen to John Mellon's explanations.Abel is actually really very understanding.Wells Fargo, a big banking group that is getting a little bloated.I have long been sick with a large company.That's all he said at the beginning.It doesn't matter if it's successful or not.The most important thing is that Wells Fargo can financially support him as it did when he was operating in the foreign exchange market.Even if it is a mortgage and high fees and interest."

It doesn't matter if we don't work together," he said.But, John.I want to use Wells Fargo to make a short trade in oil.That shouldn't be a problem, right?

”"Of course there is no problem."

John Mellon breathed a sigh of relief on the other side, as long as Abel hadn't left Wells Fargo behind.Today, Abel is a top customer, strategy and partner of Wells Fargo

.

"$60 billion credit line!"

John Mellon affirmed, "This is the line of credit that Wells Fargo has given you!"

As collateral, you can use your account in Wells Fargo and Bluestar Future shares as collateral!

”$60 billion?

Enough!"

Okay.No problem.Maybe I'll have access to the funds tomorrow!

”Abel said."

No problem!

Wells Fargo is here to help!

”John Mellon said in the affirmative."

Good.John, remember to keep an eye on my helicopter!

Of course, let them not rush, I want quality, quality and quality!

Time and money are not an issue!

”After emphasizing his attitude towards consumption, Abel thought for a moment and added, "That's right.My helicopter is still in the works, and I thought about it for a while, and I realized that I had a few other things to do besides the helicopter......"

"Is there anything I can help you with?"

”"I'm short of yachts and planes!"

Abel said with a smile: "Helicopters, private jets and private luxury yachts are the standard for the truly wealthy.I don't have anything until now, even the helicopter is still being made.John, I don't think I'm a rich man. ”"Haha!"

John Mellon laughed and said, "If you're not rich."

Then I may be a poor person, and there are too many poor people in the world!

”"Help me keep an eye on it......

If you have a good company, you can come to me. ”"Okay.No problem.I'll bring the best plan to you and make you decide!

”"Okay.If nothing else, I'm going to hang up. ”Abel said."

It's not without ......

Andy they would love to know when your new company on the fund and investment side will be established.Actually, I personally want to know this question as well. ”"It's coming.""

Well, I'll answer them like this.Goodbye, Abel. ”"Goodbye, John."

Putting down the phone, Able closed his eyes and began to ponder.Wells Fargo provided itself with a credit line of 60 billion, and the collateral is almost more than 95% of the assets in his name.It is estimated to be similar to a foreign exchange margin funding account.As long as you lose money to a certain extent.The line of credit will be withdrawn.Not only will the remaining funds be taken by Wells Fargo, but even the collateral will become Wells Fargo's own.There are not many people who play like Abel in the market of capital.Why did his money come so quickly, so much?

It is because almost every time he invests, in the eyes of outsiders, it is like pouring out all his gamble.Since it is gambling, of course, the money comes quickly.Only Abel himself knows.If there was no smoke of fate, he would not dare to invest so lavishly if he borrowed 100 more guts.In the name of investment, it is actually gambling.Gambling with the invisible giants in the capital market."

If I can still make so much money in the crude oil market this time......"

"I guess everyone will call me the nickname "King of Short Selling". ”Abel smiled self-deprecatingly.Lao Mei is super fond of giving people nicknames.From Jordan the Flyer in the NBA, to Little Emperor, Peter Pan and the like.to the investment market of all kinds of short kings, bond kings, hedge fund kings, stock gods, etc.Abel made billions of dollars by shorting U.S. stocks before, and now if he makes huge profits from shorting in the crude oil market.The nickname of the king of short sellers must be gone."

The king of shorts?

The king of bears?

”"That seems like a pretty good title?!"

As he smiled and thought so, the black Rolls-Royce Phantom sent him and his convoy to the site where the private helicopters provided by Wells Fargo were parked.This is basically the end of the matter.The renovation of 67 Beverly Park is almost complete.It's time to go and bring Fira and Gornetti and daughter over.