Daojun House
"Mr. Park I want to ask you something" Daojun asked. "Yes young master". "If I tell you to do something will you report it to grandpa or not? Mr. Park can I trust you to be my person"
"Young master since I started working I have only thought of you as my benefactor. After Hana mother died I was a mess and you were the one who saved me. So, I have decided to remain by your side and help you to the best of my abilities." Mr Park Dohyun said.
"Thank you uncle. I want to become an owner of a big company like grandpa for which I would need a lot of help". "I will follow you young master"
" Uncle in few weeks 6 billion won will come into my account. I want you to go to London and trade gold futures" Chen Daojun said. " Gold futures?"
"Yes, I got information from my father's friend that gold price will rise from late June. Out of 6 billion we have, father gave me 5 billion of his money. That's why I want you to go and buy gold futures when I tell you"
"Okay young master. I will start preparing to go to London". " hmm"
....
"Daojun I did what you asked for. I found Lee Hee-gun and as you said he was looking for investment to start a bank. We invested 25 billion won and got 80% of the shares. The 80% of the shares are divided in the multiple paper companies to make it seem like many people invested" Oh Sehyeon said. " That's great uncle. What happened to the other thing"
"Here it is. I have done the most rigorous offshore shareholding. There are more than 3000 companies who have cross shareholding. No one can found out who owns it" Oh Sehyeon said while handing me the file.
"Hmm That's great uncle. You should find some people to run the company. Also time is near for the gold rush. I want you to move the 60 billion won to the company account and build the positions through mutiliple accounts so that no one can trace it. We should be careful."
"Okay I will do that. What should we name the company" Oh Sehyeon asked. " Polaris Fund"
....
Qingxinzhai
Lee Hakjee knocked on the chairman study door. "Come in" Came the chairman voice after which Hakjee entered the study.
" Chairman young master daojun account was credited with 6 billion won." Hakjee said. "6 billion. Where did he get so much money from" Chen Yangzhe said puzzled
"It looks like the extra 5 billion was deposited from master runji account" hakjee said. "Hmm. It looks like they are planning something. It's okay hakjee just keep an eye on it and let me know if something happens" Chen Yangzhe said. "Okay Chairman" Hakjee left the room.
"Now what is this guy daojun planning. I am looking forward to it" Chen Yangzhe said filled with expectation.
....
Time passed
The Latin American debt crisis came. Mexico declared bankruptcy and all the hot money pored out of the countries and invest in gold to offset depreciation. The price of gold continued to rise and my profits continued to grow.
On September 3 the price of gold reached $464/oz. I informed uncle oh and uncle park to close the position before gold reaches $480/oz. I remember that gold will reach $489 and fall back to $400 then again hit $500.
I invested in gold around $300 and closed my position at around $480. Uncle oh used a leverage of 50 times with a principal of 100 million dollars and made a profit of 3 billion dollars. Uncle park used 20 times the leverage with a principal of 8 million and made a profit of about 100 million dollars.
This time my net worth is more than 3 billion dollars. I told uncle park to transfer the money to my account and come back. I know that if I transfer the money to my account grandpa will know about it but that's what I want.
....
Qingxinzhai
"So you are saying 74 billion was transferred to daojun account" Grandpa asked" Yes chairman" hakjee said "Hmm. Tell daojun to come and me"
" Okay chairman" Lee hakjee said and left the room. " This guys always surprises me".
After few hours
"Grandpa" I said while running to him and hugging his leg "Aigo our daojun. Are you happy to see grandpa" Grandpa said while picking me up "Yes. I am really happy to see grandpa" I said with a childlike smile.
"Haha. okay lets sit down and talk" grandpa said" Daojun do you know what I want to talk to you about" I said " Is it about the 74 billion won in my account"
"Can you tell grandpa where did you get that money" grandpa asked " I earned that money grandpa" I replied. " you earned that money?" grandpa asked feeling shocked.
" hmm. Few months ago uncle park cam to me and my dad told us about an opportunity. He said that latin American countries are dangerous and we make money from that. He said to invest in gold futures which would be less risky but still profitable enough" I said " So you just invested based on that"
" No my father asked his friend who works in a large investment company in America for advice. He showed my father the data and also suggested that investing in gold could be good. So father also invested 5 billion of his own money. After we invested gold has risen from $300 to $480 usd a 60% increase."
"Even if it is a 60% you shouldn't have much money. Wait did you use leverage" grandpa asked " Yes we used 20 times the leverage." I said
" Haha this kid. That was very risky move" grandpa said " If I went to become like my grandpa I need to this much"I said " haha" grandpa was laughing pleased.