The American Kill Line: I Can Predict the Future
Chapter 33 Net Asset Value Disclosure
On June 18, news broke that China was about to change its exchange rate.
The world's attention is once again focused on this ancient and mysterious Eastern power.
This is the third time China has implemented exchange rate reform since 1994.
In 1994, China implemented its first exchange rate reform, merging the official RMB exchange rate with the foreign exchange adjustment market rate, adjusting it from the original 5.7:1 to 8.7:1 against the US dollar in one go.
Because China's economy was still very small at the time, it did not have much impact on the international market.
The real impact came from the 2005 exchange rate reform.
The RMB has abandoned its sole peg to the US dollar and adopted a managed floating exchange rate system based on market supply and demand and referencing a basket of currencies.
At that time, China completed a magnificent transformation in just ten years.
The news of the currency change caused corresponding fluctuations in the euro and US stocks.
Gold, as the primary safe-haven currency, has become people's first choice.
Gold prices surged even before the specific details of the currency reform were announced.
China has once again announced a change in its exchange rate policy, although the specific timing and details of the announcement are still unknown.
However, the gold market at this time, compared with yesterday's closing price, saw a maximum increase of over 2.2% today.
It's important to know that since the European debt crisis fully erupted this year, panic has swept the globe.
The US stock market has experienced another "flash crash," a phenomenon rarely seen in decades.
In just a few months, gold prices have risen steadily, with an increase of over 13%.
The fact that gold prices surged 2.2% in a single day is enough to illustrate the attitude of investors worldwide towards China's currency reform.
Of course, we also need to mention the two terrible economic data reports released by the United States today.
One report showed that the number of initial jobless claims was higher than both the expected and previous figures.
Another indicator is that the Philadelphia Fed's manufacturing index plummeted from 21.4 to 8.0, far below expectations.
With both pieces of news emerging simultaneously, the US dollar index immediately broke through a key support level.
This is what caused gold to reach a new high.
Everyone in the company was cheering.
They witnessed once again this man creating miracles like a god.
More importantly, the "No. 1 Hedge Fund" has surpassed $20 billion.
It has only been less than a month since its founding.
Net worth: 20.02.
They could all imagine the shock that the data would cause on Wall Street when it was released on Sunday the 20th.
As usual, a big profit is always followed by a celebration.
"Thomas, go and inform the Trump Soho Hotel that we're having an internal dinner tonight, just like before."
"Sophia, discuss it with Victor and come up with a bonus distribution plan as soon as possible."
That's how unpretentious Wall Street is.
After giving his instructions, Ron went to his office alone.
He stared at the Australian dollar chart, his brow furrowed.
The Australian dollar also rose today, but the increase was not significant.
Although closing the position at this point would have yielded a small profit, it was far from what Ron had expected.
After thinking about it, he decided to wait and see.
So far, no official information has been released by the Australian government.
According to Ron's estimation, they are probably waiting for China to announce the specific details of the exchange rate reform.
Just then, his personal cell phone rang.
Ron frowned as he listened to the crying on the phone. "Where are you now? Okay, I'll send someone to pick you up."
……
When Kate Upton saw Ron, she rushed to him crying like a wronged child seeing her parent.
"My cowboy..."
"Tell me what happened slowly." Ron hugged her as they sat on the office sofa.
Kate burst into tears, recounting her ordeal as she cried.
She spoke in fragments, sometimes talking about how difficult her life was in New York, and sometimes about how her unscrupulous agent made things difficult for her.
He even started swearing.
Ron listened for a while and finally figured out what had happened.
Ron smiled unconsciously. "So, what do you want me to do?"
"You're still laughing!"
After Kate vented her frustrations, she felt much better. She straddled Ron and tugged at his clothes.
"Cowboy, I'm leaving New York tomorrow and going back to Florida. Right now, I just want to be a cowgirl one more time."
Ron is not a spoilsport.
Moreover, he had never done such a thing at the company before.
It was very exciting, even more exciting than I imagined.
The only slight disappointment was that the cowgirl's riding skills were still a bit lacking.
In the end, Ron helped her complete the final sprint.
He's bad at the game, but addicted to it.
"Why don't you get some sleep first?"
Ron covered her with a blanket, then turned on his computer to check the market data.
A short while later, Sophia, the finance manager, brought in several documents that needed to be signed.
She merely glanced at Kate, who was fast asleep on the sofa, and didn't think much of it.
The boss has no other vices; he doesn't smoke or gamble, he's just a bit of a womanizer.
This is considered very proper in wealthy circles.
Ron reviewed the documents, including one concerning a $3000 million grant for the Eagle Beach Shale project.
The Eagle Beach Shale in Texas is divided into three parallel zones: oil window, condensate oil/wet gas window, and dry gas window.
Bill's holding of the more than 10,000 acres of oil fields in McMullen County is the core area of the Oil Window.
It primarily produces high-value crude oil, rather than low-priced natural gas.
This is also the main reason why Ron was willing to pay a 20% premium to acquire the equity.
He's trying to solidify Texas's foundation, not throw money away.
40% equity, plus veto power.
This deal was a good one for Ron. At least, he wouldn't lose money.
That evening, at the Trump Soho Hotel.
This marks the third time Ron and his company's employees have come here for team building.
Boss Trump and Ivanka came over to say hello.
As always, the old man said he must be invited to participate in the next private equity subscription.
Before leaving, they even gave me a bottle of red wine.
Ron thought the old man was quite stingy.
They just say nice things but are unrealistic.
I've made three purchases already, and the company's premises are also rented from one of his buildings.
I wouldn't say it's free, but at least give me a discount.
They just sent him a bottle of cheap red wine and that was it.
This is clearly a sign of looking down on oneself.
Ron decided to try a different place next time.
Ron swam a few laps by the outdoor pool before coming up with Kate.
He casually wiped himself off, sat down next to Matthew, took the juice Thomas offered, took a sip, and said:
"Matthew, Thomas told you what happened, right?"
Matthew patted the young model's butt, signaling her to leave first, before saying:
"Thomas has already said it, but I'd still like to hear Miss Kate's exact words."
"Me? What are you asking me?" Kate asked, puzzled.
Ron gave a brief explanation.
Although the cowgirl's riding skills were average, she had a lot of energy.
The key is that she's wild, and coupled with her occasional displays of arrogance, it's very satisfying to tame her.
I'm just lending a hand, so I'll consider it a service fee.
Kate was instantly moved when she heard that the cowboy was going to stand up for her.
"Cowboy, darling, why are you so good to me?!"
Kate excitedly grabbed Ron's face and started kissing him fiercely, while also squirming on his lap.
It would be a lie to say I never considered asking Ron for help.
She was just imagining whether she could get introduced to Hollywood.
Before he could even speak, this man stepped in to stand up for him.
Whether it works out or not, she is truly satisfied with this sentiment.
"Seriously, we're talking about serious matters."
Ron slapped her on the buttocks, and little Ron was already upset.
Perhaps because of the horseback riding in the afternoon, Kate cried out in pain and obediently stopped.
Then she recounted her ordeal to Matthew in detail.
Matthew thought silently for a while, then asked Kate a few more questions, before looking at Ron:
"I have a rough idea, it just depends on how far you plan to go?"
Ron raised an eyebrow, signaling him to continue.
"Ms. Kate's contract clearly states that there cannot be any clauses that violate her will, so the simplest way is to sue IMG for the alleged sex trafficking. Although there is no direct evidence, under the influence of public opinion, IMG will definitely reach a settlement and ultimately pay Ms. Kate a sum of money that will satisfy her."
He spoke casually, but that was from the perspective of Paulvis. Or perhaps from the perspective of Ron.
If Kate were to hire a lawyer and file a lawsuit herself, IMG would not compromise.
They might even sue her for defamation.
This isn't the first time such a large company has done something like this.
If lawsuits by ordinary models were effective, the company would have gone out of business long ago.
"However, this might mean that Miss Kate might..."
Matthew didn't finish his sentence, but Kate understood.
It's taboo for artists to sue their management companies in the industry.
The industry will be very resistant to lawsuits filed under this pretext.
Unspoken rules exist almost everywhere in the United States; it's safe to say that everyone knows them.
Knowing something doesn't mean you can openly discuss it.
Kate was torn and could only look to Ron.
Ron frowned slightly: "This is a lose-lose situation. Is there a better solution?"
"Of course," Matthew nodded confidently. "If you're willing to spend a small amount of money, I can ruin that IMG executive's reputation. As for that sports superstar..."
Matthew flashed a confident smile: "Believe me, a public figure's image is worth more than their life. Tiger Woods, the golf star from IMG, is the best example. Besides, this sprinter's contract is about to expire, and I'm sure his ex will be happy to give him a little surprise."
Powell's real strength lies not in handling financial-related business, but in its various lawsuits.
Its rise to fame was almost entirely due to its association with celebrities and the wealthy.
Does every victory or defeat depend on the moment the judge strikes the gavel?
In the vast majority of cases, the outcome is decided before the trial even begins.
In some cases, the outcome is not important at all, as long as the goal is achieved.
"Then let's go with this plan, just one thing: don't bring Kate in." Ron paused, then added:
"If IMG asks, don't try to cover for me."
"Hmm?" Matthew asked, puzzled. "Usually, many wealthy people do these things in secret."
Even if the other party suspects it, they will not admit it.
Ron stood up and said lazily:
"I've been on Wall Street for a while now, so I thought I'd take this opportunity to say hello!"
Wild beasts like to urinate wherever they go to declare their dominance.
However, some ferocious beasts will choose a suitable target and use its blood to declare their territory.
IMG would be a good fit; they have a big reputation, but their strength isn't quite at a level that inspires fear.
More importantly, the net asset value will be released on the 20th.
With their current record, they are bound to attract the covetous eyes of many.
Ron is using Kate's situation to see who his real friends are.
Incidentally, this also serves as a way to select shareholders for the future "Fund No. 2".
Two days later, Hunter Capital released its first profit and loss statement.
Immediately—Wall Street was in an uproar!
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