Chapter 510: The Secret Behind the London Gold Market

After leaving Jiuding Bank, Xia Yu was finally able to fully focus on setting up his plan.

In no time, he arrived at Galaxy Fund Management Co., Ltd.

Xia Yu didn't waste any time and immediately gathered all the senior executives for a closed-door meeting.

Liu Xiao and the others were already preparing for the upcoming battle, so they were excited when they saw Xia Yu.

Because everything was about to begin!

Xia Yu sat at the head of the table, his gaze sharp as it swept over everyone. Instinctively, each person straightened up, making themselves appear more spirited.

Xia Yu nodded with satisfaction, cleared his throat, and said in a deep voice: "Not long ago, you all made a lot of money, and I should have given you some time off to enjoy yourselves."

"But timing waits for no one. In the coming months, none of you will have time to relax. The good news is, you'll be able to make even more money."

"There will be plenty of time to relax, but the opportunity to make money is rarer. So, I hope that in the coming months, you'll be fully focused and committed to the battle ahead."

"Do you have confidence?"

"Yes!"

Liu Xiao and the others responded loudly, brimming with fighting spirit.

"Very good!"

Xia Yu showed a look of approval and continued, "Let's get to the main topic. Give me an update on your preparations."

"Boss, we've done an internal tally, and the total funds amount to $2.296 billion, all of which are ready. We've also made preparations to go abroad."

Liu Xiao, acting as the representative, reported the status.

The principal, along with the profits from Japan, minus the $30 million given to Jiuding Animation, left nearly $2.3 billion.

In all of Hong Kong, apart from HSBC, no other consortium or tycoon could come up with such a large sum of cash at once!

Xia Yu nodded slightly and instructed, "Allocate these funds for trading in the London gold market. Use $1 billion with five times leverage, and the remaining funds will be used as needed by me."

"$1 billion with five times leverage?"

Liu Xiao silently repeated the figure in his mind, puzzled by why the boss, having gone to such great lengths, decided to use this particular level of financial leverage rather than opting for a higher one.

Xia Yu glanced at Liu Xiao and the others without providing an explanation.

He had his own considerations and concerns.

This time, going to the UK, he wouldn't be able to return in a short time. With such a great opportunity, he certainly wouldn't be idle in the UK; he would seize the chance to expand his business empire and build networks.

As the saying goes, "Keep learned scholars in your company, avoid dealing with the ignorant!"

To enter higher circles, one naturally needed commensurate strength to speak on equal terms with others. This was especially true with the proud British, who were more concerned with strength.

Furthermore, the Iron Lady (Margaret Thatcher) would soon come to power next year. Once she did, she would launch sweeping reforms. The entire UK would be brimming with opportunities. If he didn't enter the market early, it would be too late when the time came.

So, Xia Yu had to lay a solid foundation from now on.

Another point was about the leverage.

He wanted to earn more with such a great opportunity, but that wasn't realistic.

Only the ignorant are fearless; unfortunately, Xia Yu knew too much, so while his strength was still weak, he maintained a sense of awe toward the world.

Every business in the world has a biggest player.

Just like the world silver futures market, where silver futures traded through Morgan as the market maker dominate the world, there are even rumors that Morgan is the hand behind the scenes of the silver trade.

Similarly, gold futures have market makers, and in the current London gold market, there are four market makers.

They are HSBC Group (UK), Rothschild International Investment Bank, Scotiabank (Canada), and Deutsche Bank.

Combined with companies recognized as qualified to purchase gold from them, and then extending to various manufacturers, small shops, and companies that form a vast sales network, you get the London gold market.

Currently, the only remaining founding member of the London gold futures market is Rothschild International Investment Bank, which belongs to the Rothschild family of the UK.

That's the same Rothschild family once known as the Sixth Empire.

When the internet era began to emerge in the 21st century, the Rothschild family continued to go deeper, and they had their family-controlled Barclays Bank acquire Rothschild International Investment Bank, replacing it as a market maker in the London gold market.

Of the four current market makers, Rothschild International Investment Bank is a private company of the Rothschild family, Scotiabank is deeply intertwined with the Rothschild family, and HSBC Group secretly holds some of their shares.

Only Deutsche Bank, due to Hitler's influence, had the Rothschild family removed, but it didn't matter much.

But despite this, it is clear enough how much influence the Rothschild family has on the London gold market.

While the London gold market is vast, it has its limits. If the funds involved are small, the Rothschild family won't notice, but if the amount is too large, it might catch their attention.

If discovered by the Rothschild family, although they can't stop Xia Yu from making money in the face of big market trends, Xia Yu won't be able to develop secretly in the future.

Once the Rothschild family knows about Xia Yu, the entire UK and even Western families will keep an eye on him. While his strength is not strong enough, Xia Yu doesn't want this to happen.

A yellow-skinned person jumping around in the white-dominated Western world, blatantly taking their money and eating their cake without any connections—it's practically a death wish!

Everything must be done in moderation; Xia Yu deeply understood this truth, especially when he had no backing and was living under someone else's roof; he had to keep a low profile when necessary.

$1 billion with five times leverage is $5 billion, and adding the possible entry of more than $1 billion, the total funds would be over $6 billion.

In the London gold market, this is considered a large sum, and it will take a lot of effort to safely get out later.

Of course, the things Xia Yu considered were unknown to Liu Xiao and the others; they hadn't reached the level where they could know such insider information, so Xia Yu didn't tell them, lest they overthink.

When the time comes for them to know, they will find out through other channels without Xia Yu needing to tell them.

"Everyone will go together on this operation!"

No longer thinking about it, Xia Yu instructed everyone.

"Understood!"

Everyone responded in unison.

"Any questions?"

Xia Yu glanced around, and everyone shook their heads. He nodded slightly and continued, "Alright, get moving immediately. Head to the UK first; I'll be there a couple of days later."

"Liu Xiao, you will lead the team in the UK. Act immediately, and report any issues to me at once!"

Xia Yu sternly instructed Liu Xiao.

Liu Xiao nodded solemnly, "Understood!"

"Meeting adjourned!"

Xia Yu waved his hand, ending the meeting. He didn't linger and went off to attend to other matters.

Before heading to the UK, there was another important matter he needed to handle, one that was crucial to his current and future foundation in Hong Kong.