"Yes, Dad!"
"Once you clear out your inventory, you can become a billionaire."
"Moreover, it could become one of the top 50 companies in the domestic Forbes rankings."
Lu Fan also said with a hint of happiness.
Of course, if Jiang Hetang doesn't work hard, he might be surpassed by others next year.
"Hehe, I don't care that much about rankings or anything like that."
"Alright, let's not talk about this anymore."
"Let's talk about international gold."
When do you plan to clear out your inventory?
Jiang Hetang is not particularly enthusiastic about rankings on the Forbes list.
After all, those lists are just for fun.
Many very wealthy people are keeping a low profile.
Take his friend Dong Haotian, for example.
Don't be fooled by Dong Haotian's absence from the list.
However, Jiang Hetang knew very well that Dong Haotian's assets had long exceeded 100 billion.
"The day after tomorrow!"
"We'll clear out our inventory the day after tomorrow."
"Perfect timing, once this sum of money is in hand..."
“I can use him to buy the 22% stake in the Jiang Group held by Zhao Dezhu.”
Lu Fan thought about it and finally made a decision!
After careful consideration, he realized that he didn't necessarily have to sell at $1,900 per ounce.
A little more is fine!
Moreover, every extra bit means he can earn tens of millions of US dollars more.
"Okay, then let me know when you're clearing out your stock the day after tomorrow."
"So I can inform your Uncle Dong as well."
"Then, the three of us will clear out the inventory together."
Jiang Hetang smiled and nodded.
The price breaking through $1,900 per ounce was somewhat beyond his expectations.
He understands the principle of knowing when to stop.
Anyway, he's already made over 50 billion.
——
In the blink of an eye, more than a day has passed!
The day arrived when Lu Fan and Jiang Hetang had agreed to clear out their inventory.
Today, the price of international gold has broken through to $1,906 per ounce.
Compared to the day before yesterday, it has increased by a full $10 per ounce.
This $10 increase allowed Lu Fan, Jiang Hetang, and Dong Haotian to earn an additional $200 million each.
After all, these three individuals each hold more than 20 million ounces of gold securities.
At this time, inside the Jiangshan Group Company.
Lu Fan used his own phone to begin clearing out his inventory.
The gold that Lu Fan held was divided into two parts.
One of them is gold that cost $30 million to acquire at $1,588 per ounce.
One of them was the gold that was later acquired for an additional $80 million at $1,688 per ounce.
Of this, $30 million was used to purchase 3.78 million ounces of gold with a leverage of 200 times.
With $80 million leveraged at 400 times, they purchased 18.957 million ounces of gold.
The prices of the two transactions are different, so the profits obtained are also different.
The first 3.78 million ounces of gold was acquired at a price of $1,588.
It is now selling for $1,906 per ounce.
That means Lu Fan earned $318 per ounce!
Then $318 multiplied by 3.78 million ounces.
The final profit was US$1.2 billion,204 billion.
The second batch of 18.957 million ounces of gold was acquired by Lu Fan for $1,688.
Therefore, this investment yielded a profit of $218 per ounce.
Compared to the beginning, it's a full $100 less.
However, it also earned Lu Fan 4.139166 billion US dollars!
With both factors combined, Lu Fan is now trading gold futures.
They earned a total of US$5.3412 billion!
After deducting some handling fees, Lu Fan can get at least 5.34 billion US dollars in profit.
If converted to Daxia currency, that would be 35.7246 billion.
This wave directly brought Lu Fan over 30 billion in revenue!
This can be described as a sudden windfall.
OK, all done and we're done!
After clearing out all his gold and securities holdings, Lu Fan simply waited for the more than 5.3 billion US dollars to be deposited into his account.
Thinking back to six months ago, my savings were less than 1 million.
Six months later, however, it already has more than 30 billion yuan.
Lu Fan felt he could relax a little.
At the very least, I've already achieved financial freedom!
Should we set another small goal next?
For example, how about making 100 billion from him?
Hmm, that's a good option!
It wasn't particularly difficult for him.
After all, he had earned more than 30 billion yuan in just six months.
100 billion doesn't seem particularly difficult.
Calculated proportionally.
It will only take a little over a year and a half to reach 100 billion.
No problem!
Of course.
It will be very difficult to encounter another opportunity like the recent surge in international gold prices.
"Ring ring..."
Just as Lu Fan was happily looking at the more than 4.34 billion US dollars lying in his securities account...
Jiang Hetang called in via video call.
"Dad, judging from your expression, you must have made a lot of money this time."
Lu Fan noticed Jiang Hetang's beaming face and couldn't help but tease him.
"Haha, it's not just a lot, it's a huge profit!"
"Even 'full of wealth' is not enough to describe it."
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