Chapter 38 Wall Street and the Slums
Duqi did not expect to see Walmart’s shops here. Walmart has not yet become a world-renowned retail giant, but it has now formed a scale.
In 1972, Walmart, whose sales reached one billion US dollars last year, had a market value of more than one billion US dollars.
Duqi went in and took a look. The area of the store was not too large and the number of products was not large. Together with the cashier, he could see more than a dozen employees.
However, the decoration is very high-end, and the goods are placed in categories. After Duqi visited the circle, he found that the best-selling products were placed in the most conspicuous positions, and the shelves were specially customized in special styles to accommodate as many products as possible in a small space.
Finally, he bought a bottle of yogurt, and Duqi left Walmart. Now Walmart is not something he can do. Even if it succeeds this time, Duqi will not have too many ideas about Walmart. Not to mention whether they are willing to sell it or not, even if they are willing to do so, Duqi does not have enough funds.
Originally holding tens of millions of dollars in funds, Duqi thought he should be considered a rich man, but now after seeing Walmart and thinking about some information related to Walmart, he began to deeply feel that he was still a poor man and his idea of making money became even more urgent.
I returned to the hotel and rested for a night. The first stop to get up early the next day was the Metropolitan Museum. As one of the most famous museums in the world, the collection is naturally rich.
Duqi stopped and stopped, and when he encountered something interesting, he stopped and stared at the ornaments in the cabinet for a while. Duqi didn't know much about antiques in his previous life, and now he also knew very little.
However, with the development of the domestic economy, many people have bought a lot of money for their "old objects" in their homes, which Duqi has seen on many news on the Internet, and some people have even built a private museum, gold in troubled times and antiques in prosperous times. Duqi has naturally heard this sentence.
However, now it has just entered the 1980s, and domestic antiques are bargaining, and can be bought for a few cents at the scrap recycling station. The key point is that these things were worth over 100 million yuan later!
Guiguzi went down the mountain Yuan blue and white jar, "Jushi Tie", chicken jar cup and other Du Qi had heard of it online, so collecting antiques in China is definitely a promising thing now. Moreover, there are many antiques in China now that are now in Europe and the United States, and these European and American collectors actually don't care much.
Duqi has plans to collect antiques, and he is certain that he is moved, but he knows nothing about antiques, so he naturally has no idea where to start now. In addition, investing in antiques is a bottomless pit. Duqi doesn’t have much money in his hands, so he doesn’t plan to spend it all on antiques.
In the afternoon, Duqi arrived at the famous Wall Street.
Wall Street is located near the XC area of Manhattan. It looks very dilapidated, but it is home to countless large companies and investment banks. Behind the company names on this street, there are countless assets. Not to mention, each of the three banks, the United States, Citi, and Morgan, controls a total asset of up to trillions of dollars, making people feel that they are extremely small. Wall Street's famous is created by these banks and investment funds.
After more than 20 years, the Internet gradually emerged, and the concentration effect of finance gradually became less obvious. Many banks and investment companies gradually moved to the Central City. Compared with the narrow Wall Street, the Central City District has many newly built buildings, and the environment is obviously much better. No one does not like to work and live in a better environment. Wall Street gradually declined and gradually became a specific synonym. However, now, Wall Street is still a financial center that attracts the world.
In fact, Duqi is not too unfamiliar with Wall Street, because it is not too far from Wall Street, there is a slum in Chinatown where Chinese people gather. Duqi's family lived in that slum.
On Wall Street, looking at the familiar reception and house from afar, Duqi couldn't help but feel a lot of emotion in his heart.
Duqi did not continue to play in the next few days, but began to prepare for building a position in a nervous manner.
On March 26, 1980, Duqi sat in front of a desk. The traders made a hot call at the moment when the market opened, while Gate was in charge of directing and giving instructions one by one.
"Silver is currently at the $33.8 level and is still slowly falling."
"No good news, no bad news."
"Most banks are still waiting and not giving specific responses to the Hunter brothers' proposal."
There were messages and voices one after another. Many people focused on looking at the simple screen, while talking loudly on the phone, and could communicate with each other with one look.
Suddenly, a trader stood up and said loudly: "Just just got the news, the First Bank has begun formal discussions about the mortgage transactions of the Hunt brothers."
Another trader stood up like a chain reaction: "Silver price began to rise, and it is currently $34.2 per ounce!"
After receiving this news, Gate turned his head and looked at Duqi, saying, "Mr. Du, now there is $34.2 per ounce of silver. There is good news. The First Bank has begun to formally discuss the Hunter brothers' loan proposal to use a family business as collateral..."
Gate then wanted to say his proposal and dissuade the young man in front of him from doing crazy things, but saw Duqi wave his hand and said, "Continue!"
Frowning, seeing Duqi's firm expression, Gate pursed his lips, finally resisted the idea of persuasion, turned around and began to give orders to his team members.
As Gate's instructions were issued, traders called again, calling or preparing to call...
Time passed by minute by minute, silver prices kept fluctuating, and news of good and bad news kept coming. Seeing that the trading day had passed halfway, the silver price was announced to fall below $30, and Duqi still did not give any instructions.
At this time, Gate couldn't help but persuade Duqi to stop when he was about to get it. After trading at the current price, Duqi can earn at least tens of millions of dollars. This is already a huge sum of money. The current silver price fluctuations are too unclear. The profits on the books are likely to be swallowed up in an instant because of a piece of news in the next moment, and Duqi will even lose a lot.
At this moment, after picking up the receiver, a trader suddenly bounced up and shouted excitedly: "God bless! Becky Company announced that it would forcefully sell the Hunter family's silver futures!"
Then, several traders who were contacting the exchange immediately shouted: "God! The silver price began to plummet, $27, $26, $25..."
At this moment, all the traders present were in full bloom, and picked up the phone in surprise or excitement and looked at the screen. Various sounds came out, buzzing and noisy.
Seeing this scene, Gate turned his head and looked at Duqi. He saw Duqi Teng, who had been sitting in his seat drinking coffee before, stood up suddenly, and couldn't help but whisper: "How is it possible? It's actually ahead."
But soon, Duqi reacted and said loudly: "Now you are ready, always pay attention to the price, and take action immediately after it drops to $15!"
After receiving Duqi's instructions, Gate was stunned for a moment. He didn't know how Duqi estimated such a number, but he still instinctively followed Duqi's instructions and shouted in a louder voice: "Have you heard it? Take a quick move at $15, don't hesitate!"
Chapter completed!