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Chapter 107 When someone says you are crazy, you succeed!

At different times in history, humans were obsessed with gold, whether for it, to kill the natives of South America in the Middle Ages, or for it, flocked to San Francisco.

In the long-term civilization, humans found that gold has a stable property and will not change due to temperature and chemical reactions. It is also soft and easy to cut. These characteristics make it a currency.

Another reason is that from ancient times to the present, when wars or natural disasters occur, gold can be circulated and used to exchange for local currency. Gold increases the sense of peace of mind in life.

More importantly, in this period, the world is shrouded in the haze of financial storms. Gold is not only an investment, but also a tool to combat improper management of the economy and financial system.

After studying for many days and having multiple financial books, Arthur has gained a simple but clear understanding of the financial knowledge and the world of finance.

As I saw a financial book, the reason why governments do not like gold is that it reveals the valueless nature of paper money.

In the end, the world will find that everything in the past is an illusion, and paper money and digital currencies are valuable. Banks and zf make people believe that real wealth has been created, but unfortunately this is a huge lie.

Because it was precisely because when the gold standard was abolished, banks became increasingly unscrupulous, and a large number of printing banknotes and issuing debts. The surge in debt and risks led to a complete collapse of the financial system. However, the remedial measures of banks in various countries were only delaying the outbreak of a huge Ponzi scheme.

This knowledge and insight made Arthur more favor and trust in gold, and he further strengthened his decision to invest in gold.

When Arthur came to Santander again with his ownership certificate of 57,900 ounces of gold, the Santander Bank's credit manager looked at the documents in his hand and was completely stunned.

It’s not that the credit manager has never seen the world, money or so much gold, but that he was shocked by Arthur’s operations.

I originally thought that the young count bought the manor mortgage to start a business, but I didn't expect that the other party would buy all the gold. A few days have passed? I am simply a lunatic. Isn't he afraid of investment failure and losing all the mortgage?

What makes people feel even more speechless is that the other party actually took the gold he just bought and came to mortgage the loan again. This behavior is undoubtedly a mortal. Is he so confident that he will make money by investing in gold?

"Dear Your Excellency, are you sure you want to use gold mortgage to borrow another loan?" Although the credit manager of Santander Bank had already regarded Arthur Boling, a good-lived guy who inherited the title of Earl and a large inheritance, as a second-generation who was ruthless, his professional qualities still kept him polite and said to confirm.

Arthur also sensitively sensed the flash of contempt and sarcasm in the other person's eyes, but he was not angry because of it, but just sneered in his heart.

Before everyone succeeds, they will experience a night without stars.

Before everyone succeeds, there will be a stage of criticism. Countless people will ruthlessly attack you and try to steal your dreams so that you can be like him. What you have to do is believe in yourself, affirm yourself, and encourage yourself.

When you succeed, you will find how ridiculous and sad these people are. At the same time, these criticisms and blows will also make your success more dazzling!

So, life is like this, either work hard or do nothing. There is no other choice.

madman?

Maybe, but how could Arthur care about other people's opinions? Because some things are not acceptable to ordinary people, people will say they are crazy, but if you are not "crazy", you will not succeed!

As someone has said, “When someone says you’re ‘crazy’, you’re successful!”

"Yes, I want to use these gold mortgages. Your bank has this business, right?" Arthur leaned against the back of the chair and looked at the other party calmly and said.

"Of course, however, according to the regulations of our bank's gold pledge loans, you can only be given a loan of 90% of the gold market price, but the pledge rate can reach 80%. Since you are a high-quality customer of our bank, the interest rate will be given to you at 1.65%. Are you satisfied?"

Naturally, the credit manager of Santander Bank will not push such good business out of the way, and get interest. Even if the other party is unable to repay the loan after the deadline, wouldn’t there be gold and a manor?

Therefore, this is definitely a good business. No matter whether Arthur Bolin's investment is successful or failed, the bank will not lose money. Even if gold falls sharply, there will be a manor at the bottom. Unless Arthur Bolin decides to give up nothing, otherwise he will find a way to pay off the debt.

"There is no problem with loans and loan interest rates based on 90% of the market price of gold, but I hope the pledge rate is 90%. If possible, we can sign the agreement now. If we don't agree, then I can only choose another bank."

Arthur's expression was still very calm, and he said in a plain tone, "It's completely impossible, let's meet again."

"That's it..." The credit manager frowned slightly, but he couldn't make a decision by himself. He immediately smiled and said, "Sorry, my dear priest, I'm missing accompaniment. I need to ask my boss, but please rest assured that you are our high-quality customer and there should be no big problem."

"I have nothing to worry about. Please."

Arthur smiled indifferently, reached out to signal, asking the other party to do whatever he wanted.

After taking a look at the financial consultant Robert Lang and lawyer James around him, Arthur has completely ignored Robert Lang. As the name suggests, the consultant consultant means helping you answer your questions. It generally refers to people who have reached the level of expert understanding of a certain thing. They can provide consulting services. The opinions provided by the consultant are mainly based on the main focus.

Now Robert's consultant plays a role even Smith and Jama. He only knows that serving himself has a good use and asks him to come up with an investment plan blueprint, which is all stable income projects of various insurance funds and bonds. It has indeed reduced the risks, but, at the same time, no big money can be made.

What are the consultants who stay with you?

He was completely unable to keep up with his own pace. Even if he bought gold and pledged it, he was worried that this leveraged loan method would magnify the risks infinitely, which might lead to failure and almost made Arthur so depressed.

Arthur knew that Robert had different opinions about his crazy investment in gold, and might even think in his heart that he was crazy.

Well, as the financial advisor that the Bolin family has always trusted, Arthur would not fire Robert Lang, but he would never let him stay by his side and help him manage his wealth. It would be more suitable for him for financial advisors.

You should know that Robert Lang is still very sensitive to numbers. Mathematical calculations are nothing. This is an excellent skill in the UK. After all, the whole world knows that British people can’t settle accounts. Only Americans can compete with one of the bad mathematics!

Can you imagine that the minister in charge of the country's finances has been struggling with the answer of 7 times 8 for a long time? You can get a truckload of math slags by walking around the streets of London. You can often see the way of discounts that make people confused...

‘One 30 points, two discount prices are 80 points’ ‘Original price is 8 pounds, current price is 7.5 pounds, save 1 pound!’

Because of this kind of mathematical scoundrel who cannot settle accounts, the UK loses about 20 billion pounds every year, accounting for 1.3% of GDP.

Well, my thoughts drifted a little far away. Arthur came back to his senses and saw the credit manager of Santander Bank who had returned to sit on the chair opposite with a professional smile on his face.

"Sorry, you have been waiting for you for a long time. However, I brought back good news. Our bank agreed to the loan terms you proposed, so that we..."

As the other party said that, he took the electronic calculator on the table next to him and started calculating.

"57.09 million...multiple 0.9...and then multiply by 0.9...this is 46.242,900 US dollars... By the way, do you want pounds or US dollars?"
Chapter completed!
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