Hong Kong Movie: Traveling through Hung Hing, you want me to do good deeds?

O'Neill said: "Mr. Shen, regarding the handling fee, we have gone through..."

Shen Dong waved his hand and said, "This is just a small matter. Mr. O'Neill, I want to do a big deal with your Merrill Lynch Group."

O'Neill raised his eyebrows and asked, "How big is it?"

Shen Dong stretched out a finger and said, "US$2.1 billion in margin, 10x leverage, shorting gold futures."

When O'Neal heard this, he was stunned.

Twenty-one billion U.S. dollars shorting gold futures?

This is just a joke.

Not to mention Shen Dong, even the international giants don't dare to play so big in the gold futures market.

Because the market is so huge, worth trillions of dollars, no one can control its rise and fall.

O'Neill took a sip of coffee to calm himself down, and said, "Mr. Shen, since the black swan appeared in the stock market, the increase in gold prices has almost exceeded any time before, and it is very stable. Countless institutions are predicting that the price of one ounce of gold will exceed one thousand US dollars. Are you sure you want to bet so much?"

If he short buys with a 10x leverage, then as long as the gold price rises by 10%, Shen Dong’s 2.1 billion US dollars will all be wiped out.

This risk is much greater than the last time Shen Dong shorted stocks.

Shen Dong smiled and said, "Mr. O'Neill, I just want to know if you have so many gold futures contracts? If so, do you dare to lend them to me?"

O'Neill said: "Sorry, Mr. Shen, we need to hold a meeting to study it."

Shen Dong asked: "When can you give me an answer?"

O'Neill said: "Tonight at the latest."

If an average person wants to get a leverage of more than five times, he or she must go through strict review by Merrill Lynch, which is impossible without a week.

But Shen Dong is different. He still has tens of billions of US dollars in his account and does not need any review at all.

If only the leaders of Merrill Lynch could hold a meeting, the problem would be solved.

As for the 21 billion gold futures contracts, not to mention Merrill Lynch, even the other top ten bond companies can handle it.

Shen Dong said happily: "That's great. Mr. O'Neill, let's talk about the handling fee. If I want to borrow 21 billion US dollars of gold futures contracts, how much interest will you charge?"

O'Neill said: "The minimum annual interest rate cannot be less than 8%."

Shen Dong frowned and said, "It's too high. I can only give you 0.5% at most. If you don't agree, I can only change to another securities company."

O'Neill said quickly: "For ordinary customers, it's 0.8%, but for big customers like Mr. Shen, it will definitely be cheaper, and 0.5% is not impossible."

Shen Dong smiled and said, "Then I will wait for your good news."

After drinking a cup of coffee, O'Neal left in a hurry.

That afternoon, Merrill Lynch held a general management meeting.

Using 2.1 billion U.S. dollars to control 21 billion U.S. dollars to short gold futures, not only Shen Dong will bear the risk, but their Merrill Lynch Group will also bear huge risks.

For example, if they set the forced liquidation level at $950, if the price suddenly soars to $980, then this liquidation level will have no effect.

In this case, Shen Dong would naturally lose all his money, and Merrill Lynch Group would also suffer.

Therefore, the setting of this closing position is very critical.

Chapter 376 Morris's killing intention

After voting, everyone finally decided to borrow 210 billion US dollars of gold futures contracts from Shen Dong, but the handling fee was %, and the closing position was set at %.

In other words, as long as only 30% of Shen Dong's 2.1 billion margin is left, if he cannot make up for the position in time, Merrill Lynch will force him to close his position.

By then, even if the gold futures price plummets, Shen Dong will not make a penny.

After receiving O'Neal's phone call, Shen Dong pondered for a moment and said, "Sign the contract tomorrow."

O'Neill said happily: "No problem."

The $2.1 billion project is enough for O'Neal, the vice president, to make a fortune.

At seven o'clock in the evening, Shen Dong arrived at Madison Park 11 Restaurant.

My goodness, there were six cars outside the restaurant alone, and more than twenty bodyguards in black suits standing there, all with guns on their waists.

Shen Dong smiled and said, "How afraid of death must Morris be."

Song Zihao said: "It is indeed a bit exaggerated."

Coming out of the car, Shen Dong walked towards the restaurant.

A bodyguard blocked his way and said, "Sorry, Mr. Shen, for safety reasons, we need to search."

"Snapped"

He was responded with a loud slap.

Shen Dong said coldly in English: "Who do you think you are? How dare you search me?"

The other bodyguards pointed their guns at Shen Dong.

Although they were outnumbered, Li Jie and his men showed no weakness and drew their guns directly.

Shen Dong was not afraid at all and waited quietly for Morris to come out and clean up the situation.

Sure enough, the two sides were in a stalemate for less than ten seconds, and Morris walked out of the restaurant.

"I'm sorry, Mr. Shen. It was my negligence. My subordinates didn't know the rules. Please forgive me." Morris said apologetically.

Shen Dong smiled slightly and said, "I thought Mr. Morris wanted to show me his power."

Morris waved his hand, asking the bodyguards to put down their guns, and said, "No. It's mainly because I have offended too many people now, so I pay more attention to security."

Shen Dong took a look around and said, "I can see that."

Morris said: "Mr. Shen, please."

Shen Dong said: "Please."

The two walked into the restaurant together as if nothing had happened.

There were no customers or waiters in the restaurant except for four bodyguards. It was obvious that Morris had booked the entire place.

Shen Dong didn't care about the four bodyguards at all. He sat directly opposite Morris and said, "I came to New York yesterday and found out that Mr. Morris is already the biggest force here. It's really cause for celebration."

Morris sighed and said, "I am now a thorn in the side of other mafia families. Every move I make will attract their attention. I usually have to bring dozens of bodyguards with me when I go out. I can't stand this kind of life anymore."

Shen Dong sneered at Morris's words.

You have dozens of people following you and you are enjoying the glory, but you actually say you can't stand it anymore. What a joke.

Shen Dong said: "Maybe this is the price you need to pay. Mr. Morris, what do you want to talk to me about?"

Morris said, "I do have something to ask of you. Mr. Shen, I think the assets and savings of Aix are in your hands, right?"

Shen Dong nodded and said, "That's right. Unfortunately, Axel is dead, so I can't get it out at all."

Morris smiled and said, "Aix has a sister who is now the only legal heir of Aix. The court has declared that all of Aix's property and savings belong to her."

Shen Dong's eyes sparkled, and he said, "Mr. Morris, I guess those buildings and properties in Aix are already in your hands, right?"

Morris did not hide anything and said directly, "That's right. I hope Mr. Shen can give me the deposit certificates of Axe in various banks. After his sister withdraws the money, we will divide it equally."

Shen Dong smiled and said, "Mr. Morris, you are now the most powerful mafia leader in New York. Do you think I dare to trust you?"

Morris was silent for a moment, then said, "Mr. Shen, I know that you are worth more than 10 billion US dollars, and I have nearly 10,000 subordinates in Hong Kong Island. I really have no intention of being your enemy. Please believe me no matter what."

Shen Dong said: "It's easy for me to believe you. Can't you just spend money to buy these checks?"

Morris said, "I want to know how much the check is? How much money do you want? In the Lighthouse Country, inheritance tax is very expensive."

Shen Dong said, "It seems to be more than 1.6 billion, close to 1.7 billion US dollars. I also know that the inheritance tax in the Lighthouse Country is very high, so you only need to give me 500 million US dollars."

With $500 million, Shen Dong could easily earn another $500 million through the stock market or gold futures, which is why he sold these certificates of deposit to Morris at a low price.

Morris said: "My highest offer is $400 million."

Shen Dong smiled and said, "Mr. Morris, you said before that you would split it with me equally."

Morris said, "Before, we shared the risk of exchanging these certificates of deposit. If I buy your certificates of deposit, it is equivalent to taking this risk independently. The two are completely different. I should make more money."

Shen Dong said, "I understand. The deposit certificate is in Hong Kong Island, I will send someone to pick it up. Three days later, you bring the money here. Once we confirm that there is no problem with the deposit certificate, we can trade directly."

Morris picked up a glass of red wine and said, "Happy cooperation."

Shen Dong smiled and said, "Happy cooperation!"

After having a good meal and a drink, Shen Dong left in a car.

Looking at the car slowly going away, the smile on Morris's face disappeared, replaced by a sinister and cold expression.

Morris has never been a good person. He is determined to get Shen Dong's nearly 1.7 billion US dollars in savings certificates, and he doesn't intend to spend a penny.

Now he just needs to wait until he gets the deposit certificate, and then he will take action against Shen Dong immediately.

On the other side, Shen Dong in the car seemed to be thinking about something.

During the communication with Morris, although he tried his best to cover it up, Shen Dong still sensed Morris' murderous intent.

Song Zihao asked, "Brother Dong, how was your talk with Morris?"

Shen Dong said: "The talk went well, but Morris wants my life."

Song Zihao's face changed and he asked, "Why?"

Shen Dong recounted the entire process of the meeting and said, "If you were Morris, with the most powerful gang in New York, would you honestly give me 400 million US dollars?"

Song Zihao frowned and said, "Brother Dong, what should we do?"

Shen Dong said: "It is better to strike first. The reason why I set the transaction time in three days is that I want to kill Morris in these three days. As long as he dies, the underground forces in New York will be in chaos, and we will be safer."

Song Zihao nodded and said, "You are right."

Shen Dong said: "Ah Hao, find some top security personnel to protect everyone. The number of people should be around 50, and all of them must carry guns."

Song Zihao said: "I understand."

Merrill Lynch was very efficient and signed the contract with Shen Dong that evening.

After obtaining a gold futures contract worth 21 billion US dollars, Shen Dong checked the trend of gold during this period.

In just two days, the price of gold has reached 855 US dollars.

All major investment institutions believe that the price of gold will exceed one thousand US dollars per ounce.

Retail investors were bewitched and started buying high.

Shen Dong could no longer remember how high the gold price would rise before it fell, the only thing he was sure of was that it had not reached nine hundred US dollars.

Chapter 377 Shen Dong crashes the market

The next day was Friday. After Haitang’s 1.5 billion US dollars arrived, Shen Dong came to the New York Gold Futures Trading Market.

As Merrill Lynch's largest client, Merrill Lynch booked VIP Room No. 1 for them, costing US$50,000 per day.

Seeing that the gold price had risen to US$866 at a speed visible to the naked eye, Shen Dong gave the order to open a position without hesitation.

"We will sell all the futures contracts we have at the price of $865.5. We will sell as many as we can."

The price of 865.5 US dollars is already very high. It is impossible for Shen Dong to wait until the price of gold is close to US dollars before selling it.

If that happens, no one will buy it.

Song Zihao and his team were dumbfounded when they heard the order.

Song Zihao said: "Brother Dong, the current price is 866.3 US dollars."

Shen Dong explained: "I predict that the gold price will reach a maximum of between 870 and 880 US dollars. We now have 21 billion US dollars in gold futures contracts. If we don't push the price down, no one will buy it."

Song Zihao frowned and said, "But if we do this, we will be completely exposed. Those big alligators on Wall Street are likely to take action against us."

Although more than 20 billion futures contracts cannot influence the overall gold futures market, they are enough to cause strong fluctuations in gold prices.

This fluctuation can easily attract the attention of European and American financial groups.

This will have a very adverse impact on Shen Dong’s financial security.

Shen Dong said: "Don't worry about them, just do as I say."

Shen Dong didn't take these big crocodiles that wanted to eat him seriously at all.