Reborn Wealth America

Chapter 188 The Honor of the Short King

It was John Mellon who called.

On the phone, the senior personal service manager of Wells Fargo said to Abel regretfully: "Abel. I have to notify you. You mentioned something to me before. After I notified Mr. CEO of Wells Fargo Bank Later, it was rejected."

Abel was not surprised.

The idea he mentioned to John Mellon was a bit taken for granted.Wells Fargo is not his private bank, and it simply cannot do that for him.

"It's okay. John. In fact, I didn't have much hope at the time." Abel said.

There are some regrets in John Mellon’s words: "Although I believe in you very much. I believe in your investment ability and in your investment vision. But unfortunately, Mr. CEO and Mr. Alpha are not willing to take such big risks. Wells Fargo is the depositor’s bank after all. They are responsible for the bank’s customers."

Abel said, "Needless to say. John. I understand what you said."

Abel had previously made a bold proposal to John Mellon.That is the international crude oil that has joined forces with Wells Fargo to short this time.

In the foresight of the smoke of fate.

This time international crude oil will fall miserably.It is a very suitable time to short crude oil.The profit of shorting crude oil will not be slower than shorting US stocks and making money in the foreign exchange market.

The crude oil market is one of the largest investment markets in the world alongside the foreign exchange market and the stock market.

Things such as foreign exchange and stocks are invisible and intangible.

Crude oil futures.

It can be required to be handed over after the contract expires.That is, it is possible to get real oil.

This is the difference between futures and foreign exchange and stocks.

Oil is now the real world currency.The dollar is just a parasite parasitic on oil.

John Mellon once again said regretfully, "My personal position is that it is a pity that this opportunity was missed. But there is no way. I think it is difficult for the board of directors to pass such a decision even if it is supported by Mr. President and Mr. Alpha."

Listen to John Mellon's repeated explanations.

Abel really understands.

A big banking group like Wells Fargo is almost bloated.Already had a big company disease.

He just mentioned it at the beginning.

It doesn't matter whether you succeed or not.

The most important thing is that Wells Fargo can support him financially as he did when he was operating in the foreign exchange market.

Even if it is a mortgage and high handling fees and interest.

He said: "It doesn't matter if the cooperation is not possible. But, John. I hope to use Wells Fargo to make a short oil transaction. This should be no problem, right?"

"Of course there is no problem." John Mellon sighed in relief, as long as Abel did not leave Wells Fargo.

Abel is now a top customer, strategy and partner of Wells Fargo.

"60 billion U.S. dollars of credit line!" John Mellon said affirmatively, "This is the line of credit provided to you by Wells Fargo Bank! If you are collateral, you can use your account under Wells Fargo Bank and Bluestar Future’s shares as mortgage!"

60 billion dollars?

Enough!

"Okay. No problem. Maybe I will use the funds tomorrow!" Abel said.

"No problem! Wells Fargo will cooperate with you at any time!" John Mellon said affirmatively again.

"Very well. John, remember to help me pay attention to my helicopter! Of course, let them not worry, what I want is quality, quality and quality! Time and money are not a problem!"

After emphasizing his attitude towards consumption, Abel thought for a while and added, "Yes. My helicopter is still in production. I thought about it and found that besides the helicopter, I still have another problem. A few things..."

"What can I do for you?"

"I still need a yacht and a plane!"

Abel smiled and said: "Helicopters, private jets and private luxury yachts are the standard equipment for the real rich. Up to now I have nothing, even helicopters are still being made. John, I think I am not A rich man."

"Haha!" John Mellon said with a smile, "If you are not rich. Then I may be a poor man, then there are too many poor people in this world!"

"Help me pay attention... If you have a good company, you can come and find me."

"Okay. No problem. I will bring the best plan to come to you and let you make a decision!"

"Okay. If there is nothing else, I will hang up." Abel said.

"It's not without...Andy they want to know when your new fund and investment company will be established. In fact, I personally want to know this question too."

"Soon."

"Well, I will answer them like that. Goodbye, Abel."

"Goodbye, John."

Putting down the phone, Abel closed his eyes and started thinking.

Wells Fargo has provided itself with a credit line of 60 billion, and the collateral is almost 95% of his assets.

It is estimated to be similar to the foreign exchange margin fund account.

As long as you lose to a certain level.

This credit line will be withdrawn.

Not only will the remaining funds be taken away by Wells Fargo, but even the mortgaged items will become owned by Wells Fargo.

There are few players like Abel in the capital market.

Why does his money come so fast, so much?

It is because almost every investment he made, in the eyes of outsiders, it was almost like all the gambling.

Since it is gambling, of course, come quickly.

Only Abel knew it.

If there is no smoke of fate, let him borrow 100 courage, he would not dare to make such a big investment.

It is called investment, but it is actually gambling.Gamble with the invisible giants in the capital market.

"If I can make so much money in the crude oil market this time..."

"It is estimated that everyone will call me by my nickname "The King of Shorts"."

Abel laughed mockingly.

Lao Mei really likes to give people a nickname.From Jordan, the flying man in the NBA, to the little emperor, Peter Pan and the like.To all kinds of bearers, debt kings, hedge fund kings, stock gods and so on in the investment market.

Abel made billions of short US stocks before, and now he has made huge profits from shorting the crude oil market.The nickname of the short-selling king must have gone.

"The king of shorts? The king of shorts?"

"This title seems pretty good?!"

While he was smiling and thinking like this, the black Rolls-Royce Phantom sent him and his motorcade to the site where the private helicopter was parked by Wells Fargo Bank.

Things are basically done here.

The renovation of 67 Beverly Park is almost complete.

It's time to bring Fira and Gorneti mother and daughter.