Go all in!

"Pah, pah, pah!"

"Curtis, I don't blame you since you're white, but if you were Chinese, I'd demand a replacement immediately. What you just said was far too unlucky."

"With this ten million dollars, I'm not just going all in on gold; I'm adding triple leverage. It's settled."

[Remember this site's domain name, find Taiwan novels at Chaoquan]

"The position must be fully established before the 20th of this month. Can you do it?"

Whether in his past life or the present, Wang Xiuyuan detested people saying unlucky things in front of him, especially after his transmigration.

Since something as metaphysical as transmigration and rebirth had already happened, who could guarantee that ghosts and gods didn't exist? Others could claim not to believe, but Wang Xiuyuan alone could not.

Curtis, sitting across from him, was shocked by Wang Xiuyuan's resolute attitude. In his years in the industry, this was the first time he had seen such a determined futures investor.

"Of course, no problem. Establishing the position is simple; gold futures contracts with a total value of three hundred million dollars are easy to acquire."

"But I must remind you again: with triple leverage, if the price of gold futures drops by more than 3.34%, your account will be liquidated. Are you sure?"

"I'm very sure. Let's start the paperwork," Wang Xiuyuan said confidently.

Was he kidding? Why wouldn't he go all in on such a once-in-a-lifetime opportunity? If he weren't worried about minor fluctuations in gold prices due to specific accidents before the end of August, Wang Xiuyuan would have loved to jump in with twenty-fold leverage.

Although Wang Xiuyuan didn't show it on his face, he actually felt a deep disdain for Curtis. He didn't believe for a second that Curtis hadn't traded futures with over ten-fold leverage himself.

When making their own decisions, these people would use their clients' money to rush in with high leverage—several or even dozens of times over—yet when a client made a decision, they acted like triple leverage was too high. They played the double-standard game perfectly.

In this era, the methods of American financial practitioners were crude and wild. Adding ten or twenty times leverage to metal futures was standard procedure, and in certain special circumstances, leverage could even reach fifty times through off-market financing.

At first glance, ten or twenty times financial leverage might not seem that high, but the issue was that this was futures trading, not stock trading. Futures themselves come with inherent leverage.

To buy or sell a futures contract, depending on the type of commodity, one only needs to pledge a margin ranging from 5% to 15% of the contract's value.

Take gold futures, for example. A contract worth ten million dollars only requires a 10% pledge, which is one million dollars in margin. This gold futures contract itself inherently carries ten-fold leverage.

In other words, with Wang Xiuyuan's ten million dollars of capital and triple financial leverage, he could control gold futures contracts with a total value of three hundred million dollars.

If the drop in gold futures hit the 3.34% line before the contract expired, the futures exchange and the financing party would sell off Wang Xiuyuan's contracts to stop the loss, meaning Wang Xiuyuan would be liquidated.

Not only that, but if the money from selling the futures contracts wasn't enough to repay the principal and interest of the financing, Wang Xiuyuan would be left with a debt.

In his past life, Wang Xiuyuan had read many urban rebirth web novels. In some of them, the protagonists would use thirty or fifty times leverage in futures at the drop of a hat. Whenever he saw such plots, he was left speechless.

At the very least, they should have done a search on Baidu to understand the basics.

If the margin is pledged at an average of 10% of the contract value, and then fifty-fold financial leverage is added, then that futures contract would actually reach five-hundred-fold financial leverage.

This means that if a long futures contract dropped by just 0.2%, it would face a forced liquidation. Who could say they were absolutely certain about such tiny fluctuations? No one had that kind of confidence.

There are only two scenarios where extreme cases of fifty-fold financial leverage appear in futures trading: either the person wants to lose everything and die, or they possess absolutely reliable information and max out their leverage a few hours before that information is made public.

In plain English, this person either has a death wish or has insider information... Studio 54 was New York's most high-end iconic nightclub, serving as the benchmark for American nightlife from the late seventies to the early eighties.

The nightclub held various themed parties irregularly, and every guest allowed to participate was personally vetted by the owner, Steve Rubell. Every guest who could walk into Studio 54 was either wealthy or noble; it had an extremely high barrier to entry.

Wang Xiuyuan, who could open an account at Goldman Sachs and invest ten million dollars, naturally had the qualifications to spend money there.

Inside the noisy nightclub, a group of hormone-fueled young men and women gathered to have fun. From their state, it was clear none of them had drunk little.

Since arranging the purchase of the gold futures contracts, Wang Xiuyuan had spent the past four months lingering in New York's various high-end nightclubs.

This was mainly to experience American nightclub culture firsthand, and incidentally to discuss ball skills with beauties of different races and skin colors. Of course, the most important thing was holding these beauties while discussing life ideals.

In his past life, Wang Xiuyuan had frequented various bars, nightclubs, and saunas for business socializing. He was incredibly familiar with all sorts of ambiguous, relationship-building games and routines.

These little games, which were ubiquitous in the 21st century, could dominate the scene in 1979 America.

Games like Liar's Dice, Truth Dice, Stacked Cups, Truth or Dare, 3-Second Rapid Fire, Irrelevant Answers, Heartbeat 789, and brand-new finger-guessing games drove the nightclub's studs wild with excitement.

After a few months, because Wang Xiuyuan was so good at playing games and setting the mood, he actually made quite a name for himself in the New York nightclub scene, known as the "Nightclub Prince."

Except for the first week or two when he spent money at the nightclubs, eventually, people would actively invite Wang Xiuyuan to come and play every day.

"Wang Xiuyuan, do you Chinese people all have some mysterious powers, like witchcraft or mediumship?"

A blonde, blue-eyed beauty with a hot body leaned into Wang Xiuyuan's ear and asked in an ambiguous tone.

This hot beauty wasn't some gold digger looking for a sucker at a nightclub; on the contrary, she was a genuine Second-generation rich.

However, because she was a woman, she had lost her right to inherit the family fortune from birth and could only serve as a pawn for a family alliance through marriage.

Furthermore, because she was still young, her family gave her an extra allowance every year out of a sense of compensation, allowing her to enjoy herself.

Hearing this question, Wang Xiuyuan's expression immediately became serious as he said to the beauty with a straight face:

"Of course, Fiona. Ancient China has many, many very mysterious superpowers that science simply cannot explain, and ordinary people have no chance of ever encountering them."

Seeing Wang Xiuyuan answer the question so seriously, Fiona's interest was instantly piqued, and she hurriedly followed up:

"Tell me quickly, what superpowers are there? What can they do? I'm very interested."

Those who gathered to play at the nightclub were mostly young people of the same age, a group naturally full of curiosity about miraculous things. Hearing that China really had superpowers like mediumship and witchcraft, they all immediately crowded around.