America: My Time

Chapter 1432 The Vigilance of Oily Capital

Chapter 1422 The Vigilance of Oil Capital
After Rockefeller left, Morgan also had some doubts. Was this guy really only after the port acquisition? It might not be that simple. Perhaps energy was his main objective. But could these guys' schemes succeed? Morgan wasn't too optimistic. After all, the initiative wasn't in their hands, but in John's. Getting John back into the US energy market wouldn't be easy, as evidenced by the current state of Western energy.

After the breakup of Western Energy, John's energy portfolio in the United States did not expand much, but it expanded rapidly overseas, especially in Asia, where his assets were more numerous than his energy assets in the United States and Europe, which shows how much John valued it.

John was well aware of what was happening in the United States, including Rockefeller approaching Morgan. However, he remained calm and unmoved by these external changes. He quietly conducted a thorough review of his investments in China in Beijing. After all, this was a rare opportunity, and he didn't want to waste his time and energy. It would be a disservice to this change if he didn't seize such an opportunity. In contrast, John temporarily put aside the situation in South Korea.

Since John had entrusted everything to Lee Boo-jin, he trusted her abilities. This wasn't just a strategy against the Koreans, but also a test of the old guard in the US. John was eager to see their reaction. In comparison, the dealings of Soros and international speculative capital in Hong Kong could be disregarded; they had no chance of winning. They weren't facing Hong Kong, but the support of the entire Chinese nation. While others might not understand China's foreign exchange reserves, John was well aware of them, and his companies had contributed a significant portion of those reserves.

Many people initially thought that the changes in Hong Kong would make John unable to restrain himself and take action, but they were wrong. Standard Chartered Bank remained as steady as Mount Tai, without making a sound. No matter what the media said, Standard Chartered Bank did not respond and continued to tighten its monetary policy. The more it acted this way, the more Soros and his guys felt that their guess was correct. Standard Chartered Bank did not have much cash reserves left; all they had were gold reserves.

Soon, new rumors emerged in Hong Kong: Standard Chartered Bank didn't have much cash reserves and was trading gold futures. This news quickly spread throughout Hong Kong and even globally. It wasn't just Standard Chartered Bank; Hurricane Investments, Chengxin Bank, and East West Bank also became aware of John's gold futures strategy.

When everyone learned of John's strategy in gold futures, everyone was shocked, especially those in Asia. They were stunned by the news. They hadn't noticed this problem at all. If it weren't for Soros and his ilk exposing it, they might have had to wait even longer to find out, or even until it was all over!
At this moment, John was once again thrust into the spotlight, and Quantum Mining was also being targeted. Some people had begun to estimate the amount of gold Quantum Mining had mined. This investigation shocked everyone. Originally, some guys wanted to take advantage of John and the gold market, but after this assessment, no one had the confidence to do so. The gold reserves John held were too astonishing. Even though everyone knew that John was shorting gold futures, it was useless. John had enough gold reserves to deal with any crisis that might occur at any time. Moreover, after the investigation, they were also shocked by the gold mines owned by Quantum Mining.

Although many people know that Quantum Mining's development is astonishing, they don't have a clear understanding of it because it is a private company, not a publicly listed company. However, as these companies get moving, they gradually realize how terrifying Quantum Mining is. Today, Quantum Mining's assets are so large that they are shocked.

"Start splitting up Quantum Mining and fully entering a new round of asset restructuring. Otherwise, those old guys will cause trouble again, which will be very detrimental to Quantum Mining. Let's get moving and not give them any chance to cause trouble this time!" With John's order, Quantum Mining, which had been prepared, once again entered the process of splitting up and restructuring.

Although it had been done before and everyone was aware of it, no one took it too seriously. They just thought it was John's trick to mislead everyone. But when Quantum Mining went into full swing, they were all dumbfounded. It wasn't fake news; it was the truth.

"Impossible, it must be fake. How could John possibly split up Quantum Mining, and do something so crazy? Quantum Mining only kept the iron ore mines and steel group, and spun off all the other mines and metallurgy. Has he gone mad?"

"No, although Quantum Mining only retains its iron ore, coal, and steel groups, and will also integrate shipbuilding and heavy industry, the core businesses have been separated and not integrated. After integration, Quantum Mining will no longer be primarily focused on mining, but rather on heavy industry!" Soros and his ilk felt immense pressure from John's madness. They had originally planned to cause trouble for John, but this restructuring dashed all their hopes. Even their previous rumors about gold futures were largely ineffective; Standard Chartered and other banks remained silent, offering no response whatsoever.

"Dividing into three, what a brilliant move! The copper and gold mines and metallurgy have been integrated into Copper America Group, while the bauxite and rare earth mines and aluminum group have been integrated into Alcoa North America Group. Add Quantum Mining to the mix, this split might seem like a major blow to Quantum Mining, but that's not the case. With a little adjustment, it will become one of the three major mining giants, and a giant in each of their respective fields. What a brilliant move, what a cunning scheme! It seems the rumors were true. This guy is really crazy!"

"It's truly insane. Don't be fooled by the transformation of Quantum Mining, which has directly spawned three giants. While they all seem to be primarily mining-based, that's not the case. This guy is transforming, turning mining into industry. Quantum Mining is mainly steel, so it should be called a steel group. The same goes for North American Aluminum Group, which is also mainly focused on aluminum and rare earth mines, as well as its own quartz mines in the United States. What worries me even more is that this guy is preparing to build its own power plant in Canada, completely controlling the largest electricity demand of the aluminum group. This is no ordinary layout. The strength of American Copper Group is also terrifying. Although it focuses on copper mining, it is also strong in metallurgy. After all, it acquired a lot of assets from the Russians back then, and those metallurgical companies have been incorporated into it. As for precious metals like gold and silver, let's not even talk about them. This time, John is making a comprehensive layout, not just transferring assets as we say. If you think his layout is just transferring assets, you're sorely mistaken. He's absolutely right, it's an asset restructuring!" "Soros is right. John is indeed making moves in the industrial sector. Although he hasn't abandoned Quantum Mining's original mining business, he is transforming into an industrial company with great force. What's most frightening is that he is doing this transformation at the cost of abandoning his internet business. Without investment in the internet sector, he can completely transfer all his funds to the industrial sector. This guy is still making an integrated layout across the upstream and downstream, leaving no room for anyone to hold him back!"

"Have you forgotten an important issue? John's move this time isn't just a simple split. Quantum Mining Group, North American Aluminum Group, and American Copper Group—except for Quantum Mining, the other two are all Canadian companies. Don't you think that's a problem? The US was planning to channel John's funds into US energy and ports. Do you still think that's possible?"

“This is indeed a problem. Judging from John’s current plans, he is clearly planning to establish an energy presence in Canada to control his own electricity needs. So, getting John to focus on the energy sector in the United States will not be easy. With Canada’s plans and South Korea’s plans, the US’s plans are likely to fall through. I think we should find a way to stop this and prevent John from completing his plans!”

"How can we stop him? Do you think we have that ability? Do you think we can change John's mind? I don't think we can do that. I don't think John will give up his plan. Whether it's Canada or South Korea, he will continue unswervingly. After all, it helps his overall strategy. The US is different. After all, Western Energy was split up before, and it was a forced split. Do you think he still trusts those old guys' credibility now?" Soros sneered repeatedly as he said this. In his opinion, these guys were too stupid. They underestimated John. If he could see through it, how could John not see through it? Moreover, it was clear from the other party's strategy that he had been prepared for a long time. This was not a sudden decision!

"Reputation? Where do those old guys get their reputation? If they had any, they wouldn't have schemed against John time and time again, snatching assets and profits from him repeatedly. It's just that their own abilities were limited, and they didn't succeed. Instead, they kept paying a considerable price, which allowed John to grow step by step to where he is today!"

Soros believes that those old guys in the US bear a significant portion of the responsibility for John's success. If they hadn't been so eager to suppress John for their own benefit and forced him to make those asset swaps, John wouldn't have become so powerful and moved into heavy industry. But it's too late to say all this now; everything has already happened.

"We can't stop the breakup and consolidation of Quantum Mining, but we can stop his plans in South Korea. We can continue to attack South Korea and catch John off guard!"

"Foolish! Do you think we have that kind of ability? Do you think doing this will cause us a lot of trouble? If we target the Koreans now, it won't hurt John. It will only make those Koreans turn to John faster, and we'll be completely hated by them. We'll never be able to get anything from them again. They'll definitely reject us and not give us any chance. Don't think that those guys at the Federal Reserve will fully support us. If we can't bring them any benefits, it's only a matter of time before we're abandoned!"

Soros was well aware of the scheming of those bastards at the Federal Reserve. If he couldn't bring them enough benefits, he would eventually be abandoned. Especially since they were now trapped in Hong Kong. They hadn't expected to face such fierce resistance without John's intervention. Now they were not facing a small Hong Kong, but the entire country of China, so their situation was not good.

"Perhaps we should approach the Federal Reserve and ask them to put pressure on John. If John lends us a hand, we can take over Hong Kong at any time. I don't believe John will completely abandon his plans for Hong Kong. Standard Chartered Bank must still have sufficient funds. I don't believe this guy will ignore the huge interests in Hong Kong!"

Yes, none of the members of Oil Capital present here believe that John would give up his interests in Hong Kong. Buying at the bottom can yield amazing profits. Given that John already understands the situation in Hong Kong, how could he possibly give up such amazing profits? Moreover, these profits are no less than those from gold futures.

"That's true, but we simply can't do it. Don't trust those bastards at the Federal Reserve too much. Expecting them to stand up for us and talk to John is a joke. Those guys don't care about our lives. All they care about is profit. We're just pawns in their game. These guys have always been wary of us, so we shouldn't have such foolish ideas, or we'll definitely face a crisis!"

Soros knew perfectly well how cunning and treacherous those old guys in the American financial groups were. Trusting them meant risking his own interests, and one wrong move could lead to being outmaneuvered and paying a heavy price. These old guys weren't worth trusting. He'd rather trust John; at least John had the best reputation globally, far surpassing those old guys. If Soros had to choose, he would definitely trust John, not those old guys in the American financial groups. Those bastards were the most cunning and treacherous!
(End of this chapter)