Reborn in America: Starting as a California Resident

Chapter 75 Metal Futures Markets Take a Turn

The following day, the silver futures market was thrown into turmoil.

At that time, the United States, as the world's leading economy, was burdened by the heavy burden of the Vietnam War and the tense atmosphere of the early Cold War. Its treasury was increasingly depleted and its debts were snowballing.

To support massive domestic spending and repay foreign debt, the White House had to increase the money supply, leading to an over-issuance of dollars globally and triggering an unprecedented inflation and stagflation crisis.

Inflation is like a thirsty monster, constantly eroding the savings of ordinary people.

This crisis has not only shaken the foundations of the United States itself, but has also affected the whole world;

Whether it was the EU or the Soviet Union, the Warsaw Pact countries, despite their mutual animosity, could not escape the chain reaction brought about by the US fiscal deficit, a burden that quickly spread to every corner of the global economy.

Against this backdrop, precious metals, especially silver, are highly sought after due to their inherent safe-haven properties;

Silver has become an ideal hedge against inflation, especially among the wealthy.

The current price of gold has successfully soared to over $400 per ounce, far exceeding the previous standard price of $35;

Just think about it and you'll know how terrifying that is!

If you convert your assets into gold, what would have been enough to buy a kilogram of gold can now only buy less than 100 grams.

Under such dual pressure, the Hunt family's actions seem to have brought a glimmer of hope to the market.

For speculators seeking short-term profits, the volatility in the silver futures market is like a feast.

They believe that since traditional investment methods are losing money, while the Hunter family, the richest family in the world, is making great strides in the futures market, then silver futures are undoubtedly an investment direction worth trying.

As a result of the Hunt family's actions, many people, worried about the economic outlook, flocked to this seemingly safe haven that could protect against the risk of currency devaluation.

The futures market was like a fuse that had been lit, instantly becoming incredibly lively.

The area in front of the exchange was packed with a large crowd.

This is a scene rarely seen under normal circumstances—in America, apart from shopping extravaganzas like "Black Friday," few people would queue up for anything else.

Such a spectacular scene is even rarer in the financial market.

Inside the trading hall, telephones rang incessantly, and brokers bustled about. Their shouts, the clatter of keyboards, and the constantly changing numbers on the electronic displays intertwined to create a tense yet vibrant symphony.

The name of the Hunt family, like a curse, echoes in the ears of every trader, becoming a legendary symbol in the market.

At the same time, the media followed suit, with major newspapers and television news programs vying to report on the phenomenon, further fueling the popularity of silver futures.

"Henry, look! Silver futures broke through the six-yuan mark like a runaway horse as soon as the market opened today!"

Catherine's voice on the other end of the phone was tinged with excitement, as if she could see money dancing before her eyes.

Henry, sitting in his leather swivel chair, chuckled, "These bloodthirsty sharks have finally decided to make their move."

"Catherine, we just need to sit back and wait. They've already laid out such a large trap; they won't be closing in easily."

"Heh, Henry, our account is about to see another substantial addition."

Catherine, who replaced Henry in New York, couldn't stop smiling.

Through this period of hands-on experience, she gained a profound understanding of Henry's terrifying foresight regarding the financial markets;

She felt that she was very likely to become the sister of the world's richest person soon!

"Well, for now we just need to keep a close watch and leave the rest to market forces."

"Rest assured, I have deployed 24/7 market monitoring, and any fluctuations will be presented to us immediately."

Henry didn't care how the Hunt family manipulated the futures market.

After all, his "eye in the sky" perspective has allowed him to already understand the pulse of the market.

There is still a lot of room for maneuver. Although it is impossible to cash out and leave at the peak, it would still be a wise move to ensure a safe exit before the Hunter family goes completely mad.

At this moment, the value of silver is like a long-suppressed volcano, bursting forth. Only time will tell how high it will erupt in the future.

Financial institutions were well aware of the Hunt family's scheme, but no one was willing to blindly follow this high-stakes gamble. Even those who participated were extremely cautious, fearing they might fall into a trap.

After all, if the Hunt family were to turn the tide with their massive physical inventory, the entire financial market would face an unprecedented storm.

In American culture, no single entity is allowed to dominate the world; this is an inviolable red line.

Even future richest Americans like Elon Musk need to remain humble and not openly manipulate the market, at least on the surface.

His achievements stemmed more from his innovative spirit and personal influence than from market monopoly.

In contrast, the Hunt family attempted to influence the direction of the silver market through their market position and capital power.

This is not only a challenge to the financial ecosystem, but also a huge threat to market stability.

If he succeeds, it will not only disrupt the existing financial ecosystem but also trigger wider market turmoil.

In an era where wealth measured in billions of dollars is enough to make one stand out from the crowd, the top conglomerates at the bottom of the rankings only have total assets of tens of billions of dollars!

And this is the result of multiple families working together.

If the Hunt family's grand plan is realized, their wealth, which already firmly occupies the top tier of the world's wealth, will inevitably experience a new round of growth.

Then, will other conglomerates still be able to survive?

I fear that by then, the once invincible conglomerates will become vassals of the Hunter family, at their mercy!

This is undoubtedly the outcome that major conglomerates find most unacceptable.

To prevent this from happening, the various families secretly formed an alliance and meticulously planned a battle without bloodshed against the Hunter family.

The Hunt family, having remained the world's richest family for many years, is naturally no pushover either.

They never stopped negotiating with the conglomerate.

At the same time, it is actively seeking secret cooperation with several major banks internationally, intending to use these banks' liquidity capabilities to stabilize the market situation at critical moments.

There's a saying in China: First-class people play politics, second-class people play economics, third-class people play culture, and fourth-class people play physical labor.

In the American society, where business reigns supreme, those who excel at economics are the elite!

The families that have managed to stand strong here all possess unique survival wisdom and strategies; there are absolutely no fools among them.

The business world here is so competitive that it's like a jungle law reappearing; a slight misstep could result in being devoured by your rivals without leaving a trace.

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