William White, holding a large amount of cash, wasn't afraid of any margin increases.
In the current precious metals futures market, there were basically no short positions. People who shorted silver were essentially finished, constantly squeezed out by the rising prices.
The trading volume in the London market was abnormally large, with a fierce battle between the bulls and bears. For now, the price seemed stable, and the bears hadn't achieved final victory.
When the US market opened, nearly the same tactics were used, only not as large as in the London market.
"Fulton, starting tomorrow, add five million more in shorts each day for a week."
Seeing his young master resolved, Fulton had nothing more to say and went to arrange the funds.
The continuous increase in sell orders indeed shook the bulls' confidence. Rising from just over thirty dollars to now, saying they weren't scared would be nonsense.
William White, this troublemaker, had left the futures bigwigs feeling frustrated. Just when they wanted to sell at a high, it turned into a mass exodus of small investors.
Raise gold prices further? The Federal Reserve boss had already issued a serious warning. They weren't as tough as the Hunter family; to lock in profits, they had to hedge with short positions.
Short selling was different; you had to borrow from the broker, and it had a limited quantity. You couldn't provide it indefinitely.
If you couldn't buy back in time, naked short selling could land you in jail, and that's no joke.
The bulls' shift immediately triggered dramatic market fluctuations; all the seasoned players were in, the fools had long been wiped out.
Gold began to show signs of peaking and then falling. In a humorous twist, silver actually rose against the trend.
Anyway, it was just the Hunters playing among themselves. Outsiders wouldn't participate; it was unknown how they'd wrap it up.
...
William White realized it was negotiation time. How to end it was really about competing in qualifications. The Hunter family tied in with a group of banks; one mistake could lead to systemic risk.
If it weren't for the trading commission giving him trouble, he might not have even participated. There were deep waters here, absolutely not as easy as it seemed on the surface.
Darn, the guy wasn't wrong; making money wasn't particularly hard for him.
The US futures market was truly shrouded in darkness. Though everyone played differently, there were generally patterns that worked.
This young master was different; he went straight to knocking it down. If one blow wasn't enough, then hit it again.
...
"Dang Texans!"
After the disruption, they started to reduce their positions. Although very slow, they were very firm.
"Darn, it was the trading committee's fault for bothering with them, why poke a hornet's nest?"
Someone with loads of cash was perfect for wild and chaotic maneuvers, leaving others at a loss for words.
"Ahem, boss, White Oil was sold to Goldman Sachs. That guy will have at least an additional 150 million cash in the short term."
Upon hearing this, a slightly balding old fellow felt even more frustrated. Forget the futures, if he bought physical gold, it would be a small mountain.
The trading committee stopped grinning at him. Fighting with a wild savage wasn't sensible, and it was too dangerous.
...
In this world, where there are smart folks, there will be fools. Seeing that gold hadn't noticeably fallen, a bunch of guys who washed their feet jumped back in the water.
"You know, Master, gold seems to have some upward momentum. Should we reduce our positions?" Although knowing it could hardly surge, there was a bit of concern.
"No worries, Fulton. They're just pulling it up to sell; it won't last long. The lesson with silver is fresh in front of us. If they don't pull back, they'll end up badly," said William White. He wasn't worried. With central banks stepping in, gold had no real chance to rise further.
...
His own security team wasn't reliable yet, let alone an intelligence agency. Even though it was very difficult, it still had to be set up.
No one is flawless, there will always be some issues. For someone like him with big secrets, he naturally wouldn't ignore safety concerns.
Luckily, he had enough dollars, so he didn't need to take a gradual approach.
No intelligence agency? Just create one. As long as there's a dependable person, there shouldn't be any problem.
"Master, the investment team you requested is ready. Would you like to see them immediately?"
"No need, just send Filson over, I have some arrangements to make."
"Alright, sir." Fulton closed the door and left.
It's believed that Coca-Cola would soon have a new CEO. Now was the time when its stock price was at its lowest. If they didn't capitalize on this, there wouldn't be another chance in the future.
"Boss, Mr. Filson is here." The formal outfit of the Japanese girl was pretty impressive.
"Suzuki, could you make us some coffee?"
"Sure thing, boss."
"Filson, take a look at this document and help me develop a detailed plan." When working, William White preferred to get straight to the point.
"Coca-Cola? They've been having a tough time lately. The brand is very valuable, definitely worth attention."
"Filson, I believe the stock price now is just mismatched. Their board is fed up with the couple, and we must plan ahead."
"Okay, boss, I'll immediately organize the related information."
"Remember, I wish to hold it for the long term and don't want significant stock price fluctuations."
Coca-Cola at that time was in dire straits, with its stock price hitting historic lows.
When Buffett was buying big, the price was already in the forties, and it wasn't even ten bucks now. If you don't buy then, will you compete with Buffett later?
Prohibition in America not only empowered the mob but also nurtured an international brand.
This drink was really just like cough syrup, a failed lab product, yet it sold worldwide. That's quite a talent.
The so-called secret formula is actually nothing like before. If you produced it according to the formula from the last century, it might function like an energy drink today.
*****
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