Mixed in 1980

Chapter 351: A Close Call
Just like in the original historical trajectory, Mexico announced a 15% reduction in the exchange rate, a move that can only be described as puzzling and baffling.

"Does a 15% devaluation mean they have the capacity to absorb it?"

After glancing at Li Zhaoji, Lao Huo took out a cigarette, lit it, and took a deep drag: "Once the currency depreciates, it will definitely trigger a wave of selling. It's better to just implement a floating exchange rate to reduce foreign exchange losses."

Li Zhaoji nodded slightly and looked at Zhou Wenya: "Let's sell too. If we sell everything, the other capitalists will definitely follow suit."

"What do you all think?" Zhou Wenya asked, looking at the crowd.

Seeing that everyone agreed, he immediately walked out of the office and shouted to the traders outside, "Sell off pesos across the board, the sooner the better!"

After giving the order, upon returning to his office, he heard Li Zhaoji say, "I'm treating everyone to dinner tonight at the Peninsula Hotel. Everyone should come."

Everyone burst into laughter. It's a sure thing!

A 15% profit has already been secured, but this is just the beginning. Once the peso depreciates, it will only cause capital panic and trigger a chain reaction.

A new round of sharp declines is about to begin!
Far across the ocean, Soros lit a cigar, put his feet up on his desk, and slightly raised the corners of his mouth. This time, he had made quite a bit of money.

Chen Fan actually didn't lose anything in the last pound exchange rate war; in fact, he made more money.

He originally expected the pound to depreciate by 20-25%, but after Chen Fan intervened, the pound depreciated by 50%, doubling his profits.

Currently, the funds for attacking the peso are not yet in place, but as long as the peso depreciates sufficiently, the profits can still exceed expectations.

"Chen Fan from the East is not to be underestimated!"

Chen Fan, however, paid no attention to these things. He strolled around the exhibition hall with his wife and daughters, and his three wives' spending sprees grew increasingly extravagant as they entered shopping mode.

Large-scale exhibitions like this bring together top merchants in the jewelry industry, who will bring out their best items, with some rare and exquisite pieces on each counter.

The three wives were very happy with their purchase.

Even Yan Yin has a new target. She has her eye on a plate of jade, which is a plate with more than a dozen jade ornaments on it.

Xu Jinqiu glanced over and pinched her little girl's nose: "Our daughter has a really unique taste; she actually likes black-boned chicken."

Black-boned chicken is jade that has been dyed black.

To put it bluntly, it's like fine jadeite being contaminated by carbon. In this industry, black-boned chicken jadeite is synonymous with garbage.

"My daughter has excellent taste."

Looking at this plate of black-boned chicken, Chen Fan quite liked it. It had a white base and was very translucent, reaching the quality of glass-like jade.

The black parts are not completely black; they spread out like ink drops in water, much like traditional ink wash paintings, creating a very artistic effect.

It's not worth much, but that doesn't stop it from being beautiful!
This plate of jadeite includes two pairs of bangles, two bracelets, and eight safety buckles.

Chen Fan inquired about the price, but the owner didn't dare to ask for a price. It was just junk and waste, but he thought the quality was good, so he put it out for a look. In the end, they agreed on a price of 1000 yuan.

"Mr. Chen, excuse me!"

As Chen Fan finished paying and was about to head to the next booth, Yang Yunzhi caught up with him, accompanied by Director Wei and Boss Fan: "Mr. Chen, this Boss Fan is a colleague from Yunnan. He has a piece of top-quality jade. I wonder if you are interested?"

"Imperial Green Glass?"

"It's even better than the average imperial green jadeite. In all my years of working at jewelry exhibitions, I've never seen a better piece of material. You definitely won't be disappointed after you see it."

"Did you bring it?" Chen Fan asked curiously.

I have a lot of jadeite at home, and I've seen all kinds of top-quality materials. I have several pairs of imperial green jadeite bracelets of glass type.

Yang Yunzhi awkwardly touched his nose: "Boss Fan is reluctant to put it on display. If you are interested, can you have him send it over?"

Chen Fan looked at Boss Fan thoughtfully: "Boss Fan, how about this, you bring the materials to the Cuihu Hotel tonight, and I'll treat everyone to dinner?"

"I'll do as you say!" Boss Fan immediately agreed.

After a few brief pleasantries, Boss Fan didn't hesitate and immediately drove home to take out five or six kilograms of material from his safe.

Holding the materials, Boss Fan looked conflicted.

He started collecting jade in the 1980s and has handled countless pieces of jade, but he has never seen anything as good as this. It's so good that he's reluctant to show it to anyone.

If Yang Yunzhi hadn't praised Chen Fan so highly, he wouldn't have been able to sell this piece of material.

He gritted his teeth, wrapped the material up, put it in his bag, drove back to the exhibition hall, picked up Yang Yunzhi, and waited in the lobby of the Cuihu Hotel.

I waited until after 5 p.m. before Chen Fan returned.

Chen Fan told his wife and daughter to go upstairs to rest, then took them to the restaurant and asked for a private room: "Boss Fan, let's get straight to the point and take a look at the materials first?"

Without hesitation, Mr. Fan took out the material from his bag, unwrapped layer after layer of packaging, and took out a green stone: "Mr. Chen, please take a look!"

The material is different from the finished product!
Even if the outer skin has been completely removed, the internal structure is extremely complex. Less than a third of the material is truly of good quality, while the rest is quite ordinary.

Even if it's just average, it's still of the icy variety.

As for the truly good parts, they are indeed glassy, ​​with some areas reaching the level of imperial green, and others exhibiting a bright green hue.

"It is indeed a top-quality material, but it's not like it's the only one of its kind in the world, is it?"

Boss Fan didn't argue, but took out a powerful flashlight and a magnifying glass: "Mr. Chen, please take a closer look at the emerald green and imperial green parts." Under the strong light and magnifying glass, Chen Fan's eyes lit up; they were indeed quite different.

I have quite a few glass-type jadeite pieces at home, but even the best glass-type jadeite will show some crystal grains upon close inspection, but this piece has none at all.

Like a flawless piece of crystal, it shows no crystallization and presents a natural, crystal-clear texture.

Even the color is completely integrated into the seed water, as if there were no color roots, truly reaching the level where color does not overpower seed, and seed does not overpower color.

Chen Fan remembered that in order to sell such top-quality glass-type stones at a better price, merchants in later generations packaged them with a concept called "Dragon Stone"!

It can be considered the pinnacle of jadeite quality.

As for the color of dragon stone, it is not necessarily green; it can also be blue or white. Different colors have different prices, but green is undoubtedly the most expensive.

Of course, the concept of "dragon stone" is a product of capital packaging, and it is not, as the merchants claim, a name given by Emperor Qianlong.

Jade was not popular during the Qianlong period.

Putting down the powerful flashlight and magnifying glass, Chen Fan took out cigarettes and offered them to the two men: "Boss Fan, are you willing to bring out such materials because you want to sell them directly for money, or do you have other requirements?"

Mr. Fan touched his nose: "Mr. Chen, to be honest, my jewelry store has always been doing well. But a while ago, I went to the Burmese neighbor's shop to buy goods, and they ripped me off, causing me a huge loss."

"You want me to invest?" Chen Fan frowned slightly.

Mr. Fan blushed and coughed lightly, saying, "Mr. Chen, the jade industry is booming and there is still much to be done. I have connections in various jade mines in Myanmar."

Chen Fan pondered for a moment: "Find some time and go to Hong Kong, go directly to Xinghuo Investment. There will be someone there to connect you with. As for how much investment you can get, that depends on your ability."

"Okay, thank you, Mr. Chen!"

Upon hearing this, Chen Fan shook his head slightly: "Regarding the investment, I'm just giving you an opportunity. The specifics depend on you. Let's talk about this piece of material first. How much do you plan to sell it for?"

Mr. Fan smiled and said, "Just give me whatever you think is appropriate."

Even a god can't judge the quality of a piece of jade. Such a large piece of material, without being cut open, has no idea whether there are cracks, inclusions, or black spots inside.

Chen Fan didn't have that ability, but since there was a Dragon Stone variety, he could take a gamble and roughly estimate how many bracelets and pendants he could get.

"Five million, how about it?"

Boss Fan breathed a sigh of relief. The price had exceeded his expectations. No matter how good the material was, there was a price ceiling. Chen Fan's offer was definitely generous.

Seeing that he agreed, Chen Fan did not hesitate and directly wrote a check for 500 million yuan. After handing it over, he looked at Yang Yunzhi and asked, "Mr. Yang, does Jingfu Jewelry accept investment?"

“Mr. Chen, are you interested? Jingfu Jewelry mainly focuses on gold, and we do other things as a side business.” Yang Yunzhi’s eyes lit up.

"When you return to Hong Kong, let's go to Xinghuo Investment together to see Ms. Yu. She will talk to you."

"Okay, thank you, Mr. Chen!"

After finishing their business and having a meal, the two said their goodbyes. Chen Fan politely saw them to the door, a slight smile playing on his lips.

Investing in Mr. Fan was a spur-of-the-moment decision, purely based on the quality of the jadeite.

Investing in Jingfu Jewelry, or rather, investing in the gold industry, was a long-planned endeavor, and now is the right time to begin laying the groundwork.

Once the price of gold bottoms out in a few years, Chen Fan plans to hoard gold. For his family, holding enough gold can help them avoid many risks.

Moreover, gold prices are expected to surge in the future.

As for the US dollars in hand, who can say for sure? If the US debt can't be sustained one day, it's hard to say what will become of the US dollar.

He favors the yuan more than the US dollar!
At present, foreign investment and financial speculation both require US dollars, and the US dollar is so strong that it can crush gold.

Back in the hotel suite, Chen Fan's three wives were counting the jadeite they had bought that day. He took out the material and said, "Look, this is good stuff."

All three women are knowledgeable in the field.

After admiring them for a while, Xu Jinqiu asked, "Our family already has so many jadeite and Hetian jade that we can't even count them all. We're not planning to keep hoarding them forever, are we?"

"We'll start shipping when prices are close to their peak, but we can hold onto the top-quality items."

Hetian jade began to surge in price after 08, and jadeite after 10. By then, it would have been time to sell any icy jadeite you had.

As for Hetian jade, keep the "Kewan" quality pieces, and sell the rest.

Hong Kong, Peninsula Hotel!
The shareholders of Hang Seng Bank raised their glasses in celebration. Just before arriving at the hotel, new news came from Mexico: the peso had abandoned its fixed exchange rate and adopted a floating exchange rate.

The peso's exchange rate fell another 13% in a short period of time, bringing its total drop to 28% today.

Everyone understood that this was just the beginning.

The next two days will be crucial for the peso's survival. Right now, we need to be wary of the US and the IMF's intervention to rescue the market.

News came from Soros that Mexico has applied for emergency loan assistance from international financial institutions, and we cannot completely relax yet.

P.S.: First update complete~ One more to go! Happy May Day, please vote!

(End of this chapter)