mage in the late qing dynasty

Chapter 154

While eating dinner, the two were still in shock.

After eating, Zhao Chuanxin said, "The taste is not very good. When I have a chance, I will invite you to eat Chinese food, which is authentic Chinese food. Okay, hurry up and eat. I will take you back to see things after eating."

When they returned to the hotel, the two saw Zhao Chuanxin's notes.

"..."

The bed was full of debts, bonds, stocks, early national bank notes, etc...

Jesse Livermore picked up a pile of National Bank notes and said: "These can be used directly as banknotes now, and these unregistered stocks can be directly liquidated. The value depends on the market, especially these railway stocks. The market is hot right now. These treasury bills can also be directly used as money. These gold coin coupons can no longer be exchanged for gold, but they can still be exchanged for some money. Silver coin coupons can be directly exchanged for silver coins. These bonds are not very valuable at present..."

It has to be said that the history of currency development in the United States is also quite chaotic.Especially during the Civil War, the banknotes in different places were different, and the North and the South conducted currency contests in order to combat their opponents.

But in general, these things can be exchanged for money.

Zhao Chuanxin said: "You first help me find someone to get the identity, and then open an account and deposit all the money in it. I will give you a 0.5% commission."

Jesse Livermore roughly estimated that the total value here is at least 350 million to 400 million. He can figure it out in one day, and he can earn [-] to [-] dollars a day.

It's so easy to make money.

Thomas W. Lawson said, "Actually I..."

He wanted to say, in fact, he can do it too.

As a result, Jesse Livermore said first: "Okay, no problem, I can finish this job very well. And, you don't need to spend any more money on the identity matter, I will pay for that."

Jokes, making money, don't talk about friendship, so much money can't be justified.

Seeing that Jesse Livermore blocked the conversation, Thomas W. Lawson thought of another thing: "Actually, Jesse and I came back to Wall Street this time mainly to short the Union Pacific Railroad Company, man, Are you interested in this?"

After hearing his words, Zhao Chuanxin's head had been holding back a thunder for a long time, and finally the light of lightning came out.Yes, he felt that some sparks in his memory wanted to burst out before.

San Francisco is about to experience a magnitude 8.6 earthquake that will shock the world!

This is what is about to happen.

And Jesse Livermore in front of him, after listening to Thomas W. Lawson's words, shorted a large number of shares of the Union Pacific Railroad Company and made a huge profit of $25.

Yes, this is it.

Zhao Chuanxin's eyes lit up instantly: "I'm interested, why aren't you interested. Wait for the money to arrive."

Why encourage Zhao Chuanxin to go short together?Because he has a lot of money.

More money means more short selling momentum. If you can earn 7 yuan, maybe you can earn [-] yuan or more because Zhao Chuanxin joined.

……

Now the momentum of the Union Pacific Railroad is quite strong, because this railway is of great significance to the United States.

So Zhao Chuanxin is very cautious.

Now his name is Ethan Zhao.

The meaning of the English name Ethan has a taste of passing on from generation to generation.

His current American identity is Ethan Zhao.

Zhao Chuanxin said to Jesse Livermore: "Although the stock price of the Union Pacific Railroad Company is inflated, its prospects are broad. In order to ensure that there is no risk of liquidation, you must promise me to handle it safely. $375 million , I will give you 275 million, and I will add another 4 million short on April 17."

Jesse Livermore's head is spinning!
Does he trust his ability so much?
……

April 4th, March 16rd in the 31st year of Guangxu.

Jesse Livermore started shorting and Union Pacific went on to go up a little.

Thomas W. Lawson's palms were sweaty.

Originally, the two of them already had a lot of money, but now with the 275 million invested by Zhao Chuanxin, this stock can still go up. The stockholders who hold this common stock are simply crazy.

Jesse Livermore was more nervous than Thomas W. Lawson.

Because Zhao Chuanxin said that it is necessary to operate safely, and he made three-fifths of the money in it. If it explodes, how can he explain to Zhao Chuanxin?

The next day, I thought Zhao Chuanxin learned that the stock had risen again today, and the money promised before would not be invested.

However, Zhao Chuanxin gave him another 200 million as promised.

The extra 100 million is the cash that I went to the bank to withdraw.

Thomas W. Lawson was stunned.

It was he who encouraged Jesse Livermore to short stocks, but after what happened yesterday, his heart began to waver.

But Zhao Chuanxin has already taken out another 200 million.

"Zhao, are you sure you want to do this? This is crazy, my friend!"

Zhao Chuanxin smiled: "It's okay, a little money, it's a pastime after dinner."

To be honest, even if all the money was lost, he wouldn't feel that serious.After all, there is still money withdrawn from foreign banks in China, and this is the drizzle.

What's more, won't you pay at all?

Jesse Livermore was silent for a moment, and suddenly laughed wildly: "Zhao, we are very appetizing. We are friends, right? Let's go crazy together!"

He took out all the money and planned to gamble with Zhao Chuanxin.

Today, there is another large amount of short selling.

The stock price has finally come back down a bit.

At present, it is still good to maintain no profit and no loss.

At night, the two of them couldn't sleep at night and tossed and turned in bed all night.

Zhao Chuanxin fell into a deep sleep, and was full of energy the next day!

While eating breakfast, seeing the two with dark circles under their eyes, he laughed and teased: "What's wrong, didn't you sleep well?"

"Yeah, that's crazy!"

As a result, news of a major earthquake in San Francisco in the early hours of the morning was soon received.

The two went crazy and ran to the exchange.

The stock market exploded!

The stock price of the Union Pacific Railroad plummeted!
Some people take this opportunity to become rich, and some people go bankrupt and want to jump off a building!

"Zhao, we sent it!"

"Zhao, you are about to become a multi-millionaire."

Zhao Chuanxin was very calm: "According to your experience, when will the stock market fall?"

In fact, Thomas W. Lawson is also very experienced. He said: "According to the past trajectory, at a certain point, some investors will enter the market to buy bottoms, and there will be a slight rebound at that time. Then, the stock price will fall again. , or even lower. If you want to be on the safe side, it’s best to close at this time. Of course, even if there is no earthquake in San Francisco, I think the stock price of Union Pacific Railroad will fall back, so I personally predict that it will continue to be empty.”

Zhao Chuanxin said: "That's it, you should watch carefully. The second trough is the time to clear it. Don't keep a penny. As for you, mine will be cleared at that time anyway!"

Jesse Livermore praised: "Zhao, you are really a decisive person."

He only remembered certain points in time, but couldn't remember the specifics, so there was no need to take risks.

By the second trough, Jesse Livermore helped him clear the stock.

At this time, Zhao Chuanxin's account had an extra 1187.5 million US dollars!
Jesse Livermore earned $29.7.

Everyone earns.

Zhao Chuanxin stopped.But Jesse Livermore heeded his financier friend Edward Francis Hutton and continued to short, only to lose $4 later...

"Zhao, you are a wise man!"

Jesse Livermore and the real Thomas W. Lawson both served!
Zhao Chuanxin said: "Help me get in touch and buy a villa in Palm Beach. In addition, I heard that there is a manor with a lake in New York. I want to buy one if I ask the price. I can also help me contact the urban housing in New York. One building."

The two are so envious!

(End of this chapter)