America's No. 1 financial conglomerate

Chapter 658 There's Gold Under My House

Chapter 658 There's Gold Under My House

The Kennedy family estate is quite far from Boston; it's a 30-minute drive out of the city center.

From the outside, the manor is very ordinary. Apart from being larger and having more greenery, there is nothing particularly special about it.

"Not bad, at least big enough," Ernst said softly, gazing at the receding scenery outside the window.

After entering the gate and driving along the road in the manor, it took three minutes to reach the living area.

"Do you think that a family like ours should have exquisite gardens and luxurious swimming pools on the estate, using all sorts of expensive facilities to show off our wealth?" Massim suddenly spoke up, with a hint of teasing.

Ernst turned to look at Ma and Massim; he didn't need any insincere pleasantries.

He nodded frankly, which was taken as tacit acceptance of the other party's guess.

"Shouldn't we?" he retorted.

Along the way, the scenery before us was far too simple, or rather, somewhat primitive.

"The quality of a place doesn't depend on its exquisiteness, but on its size," Massim replied casually, though there was a hint of pretentiousness in his tone.

Ernst was stunned; what kind of twisted logic was this?

Ernst was stunned; what kind of twisted logic was this?

As the saying goes, a mountain is not sacred because of its height, but because of the immortals who dwell there.

How come it's the other way around with him?

"Actually, this is not the Kennedy family's old house, but rather the house that our ancestors bought from someone else during the Great Depression."

Ernst listened quietly, his face expressionless, but his eyes held a clear questioning look.

"The Kennedy family spent $300 million to buy this land."

"Wait a minute." Ernst raised his hand to interrupt him, feeling that the other party was making up a story to amuse him.

"You mean, this piece of land cost $300 million back then?"

What did 300 million mean back then?

Even considering inflation, it would be equivalent to $3000 million today.

If it were an investment, it could potentially yield hundreds or even thousands of times the return.

Especially since the other party said they bought it during the Great Depression, when a large amount of assets depreciated and the actual purchasing power of the currency was far greater than usual.

In that era of economic collapse and widespread fear, $300 million was treated as $1000 million.

In other words, this piece of land was likely worth $1000 million before the Great Depression.

The place is quite big, but the location is not good.

Buying a piece of land like this now wouldn't necessarily cost $3000 million.

"Is there oil under your land?" Ernst asked curiously.

He couldn't believe that the Kennedy family's ancestors would have made such a foolish decision.

Massim shook his head upon hearing this. "That stuff is fluid. If there really were oil underground, do you think the surrounding area would still be so desolate?"

This is true.

If there were truly oil reserves beneath this land, the surrounding area would likely have been divided up by major energy companies or financial giants long ago, instead of remaining barren and devoid of even basic signs of development.

"Besides, Massachusetts doesn't produce oil," Massim added.

Ernst rolled his eyes. It's like he doesn't know anything. Why is he looking so serious?

Just as he was about to retort, Massim raised an eyebrow and said, "But not producing oil doesn't mean you can't have gold mines."

"Gold mine?" Ernst exclaimed suddenly, his eyes filled with shock. But then he frowned and said with strong doubt, "Impossible. There are no gold veins in Massachusetts."

As a long-established state in the northeastern United States, Massachusetts' mineral resources have long been thoroughly explored.

It is a notoriously mineral-poor state in the United States; there are hardly any large or even medium-sized mines, let alone large ones.

Moreover, these two medium-sized veins were iron ore deposits, which were completely mined out in the late 19th and early 20th centuries and have now been shut down.

"Just because there are no gold veins doesn't mean there can't be gold mines." Massim casually draped his arm over the back of his chair, a smug look on his face, tinged with a hint of smugness.

Ernst thought he was being a bit arrogant. He must be rich to speak loudly; he was just different.

"So, there's a miniature gold mine hidden beneath this manor?" Ernst followed up with another question.

Given the size of this estate, even if there were gold mines, their reserves would likely be very limited, at most they could only be considered micro-gold mines.

"No." Massim shook his head. "To be precise, it should be considered a small gold mine, or even possibly a medium-sized one."

Seeing that Ernst's face was still full of doubt, Massim explained, "When the other party sold this land, the exploration area for the gold mine was very limited. In addition, there had never been a precedent of discovering a gold vein in Massachusetts, so at the time, he and you both thought that this was just a small gold mine that had formed by chance and had a very low gold content."

"Otherwise, he wouldn't have sold the land for just $300 million."

"Later, after our Kennedy family bought this land, my father's generation was young when exploration technology and equipment made a breakthrough, so they conducted a comprehensive exploration of the manor's underground."

"The result was unexpected: although the gold mine did not cover a large area on the surface, it was much deeper than expected, and the area of ​​the gold mine suddenly expanded considerably at a depth of about two thousand meters underground."

"Based solely on the currently proven reserves, it already meets the standards of a small gold mine, and it's not impossible for its actual reserves to reach the level of a medium-sized gold mine."

"I have a question for you." After Ernst had processed this astonishing news, he turned to look at Massim with an extremely serious expression.

"Go ahead," Massim waved his hand casually, indicating that he could speak freely.

"Who owns all the land near your house? Could you help me get in touch with them?"

Ernst explained, "Don't get me wrong, I just want to be your neighbor so that it will be easier for Anne to visit her family after she gets married."

Upon hearing this, Massim couldn't help but roll his eyes and said irritably, "Do you think those lands could still be in someone else's hands? This is an ancestral home worth a billion dollars."

One billion US dollars.

In other words, the gold mine beneath their feet, according to the Kennedy family's assessment, is now worth at least one billion US dollars.

The Rockefeller family's farm had oil beneath it, and the Kennedy family's farm had gold mines beneath it.

What about the other families?

Is there something buried under the old house?

Compared to them, he suddenly felt that the two super mansions he was building were utterly inferior.

Besides soil and magma, what else is there?

As the two were talking, the car finally arrived at the residential area and stopped.

He had initially thought it was desolate, but now he was filled with envy.

It took a good seven or eight minutes to drive there, and who knows how much further ahead it is.

A gold mine.

We walked for eight minutes along the Gold Mine Road.

"Let's go." Massim got out of the car and called out to him.

Ernst got out of the car right after him, and as soon as his feet touched the ground, a large Rottweiler with glossy fur came running excitedly from a distance.

He wasn't afraid. Although the other party was one of the three major guard dogs, the fact that it dared to let them roam freely meant that their safety was guaranteed.

Sure enough, when he reached out his large hand and gently stroked the Rottweiler's head, the seemingly fierce dog not only did not show any aggression, but instead squinted its eyes contentedly, revealing an extremely enjoyable expression, and even made a low whimpering sound in its throat.

"What a good dog, so intelligent and strong," Ernst praised, then his face fell as he thought of his two fat dogs.

When praising other people's dogs, they always say they're strong, smart, or good-looking.

When outsiders see their dogs, Rottweiler and Ron, they all say the same thing: "Your dogs are fed really well."

"Hey, Hag!" Just then, a clear female voice came from ahead, "You need to know your place and not assume everyone is a good person."

Ernst's smile froze instantly, his expression darkening slightly. He turned to Massim and asked, "Is this her dog?"

"What are you talking about?" Massim's eyes widened slightly upon hearing this. "This is the Kennedy family's estate."

Ernst's face darkened further, and he couldn't help but swear, "Damn it, she's not her dog, what right does she have to offer any opinion?"

Seeing Ernst's slightly annoyed expression, Massim couldn't help but smile, patted him on the shoulder, and said, "Don't take it to heart, let's go inside."

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like