How A Ride-Hailing Driver Comes To Dominate The World? [EN]: Chapter 589

The police asked, “Where did you get all this stuff?”

Yang Chen replied, “I bought it. Right there at the Dragon Gold store. You can ask them.”

The police asked, “You’re buying so much at once? Is this really gold?”

Yang Chen said, “It’s gold, of course! Would Dragon Gold sell fake gold? If they dare to sell fake gold, I’ll sue them immediately.”

The police said, “No, I mean, is gold crashing right now? I wouldn’t buy cabbage like this at the market.”

“Haha…” The onlookers laughed.

Yang Chen squatted down to put the gold into bags and said with a smile, “I think gold is cheap right now, so I’m buying some to store. I’m following the country’s lead. Hasn’t the country brought back more than 2,000 tons of gold from abroad in the past few years? The country treats gold as a strategic reserve, and I also treat gold as a strategic reserve. I’m leaving now.”

The police officer still couldn’t believe that someone would buy gold like it was cabbage. It’s not that no one buys this much gold, but these two are too casual, carrying so much gold on the street so openly. It’s not normal.

“Wait a moment, my colleague has gone to Dragon Gold to inquire. Once we confirm that you bought it from them, you can leave. Sorry, logically, buying this much gold should require an escort vehicle or something for protection. You two are just carrying it on the street like this, which is really not normal,” the police officer explained.

Yang Chen said, “Ah? It’s only 100 pounds, there’s no need for an escort vehicle. It’s not that exaggerated.”

Only 100 pounds… only?

The onlookers were restless.

“Is this how rich people view money? This is gold, only 100 pounds… only?”

“I see people online complaining about being poor every day, not being able to afford houses, not being able to afford to raise children, etc. I thought they were telling the truth, that everyone is the same. Turns out they were lying, and only I am really poor.”

“Oh my god, I wouldn’t even buy 100 pounds of cabbage at once. He buys 100 pounds of gold at once. We live under the same sky, but why is there such a big difference in people’s lives!”

…

Soon, the police arrived with the manager of Dragon Gold.

Manager: “Hello, Mr. Yang. Police officers, I can testify that this gold was indeed bought from our store. This is the receipt, you can take a look.”

The police officer quickly took the receipt and looked at it carefully, confirming that the gold was legally purchased from Dragon Gold.

Police officer: “Mr. Yang, right?”

Yang Chen nodded.

Police officer: “Sorry for taking up your time. It seems my imagination is limited by my poverty. You can leave now.”

Yang Chen: “It’s okay, it’s good that you’re so vigilant. Everyone, please make way, we’re leaving.”

The onlookers quickly made way.

Yang Chen and Wang Jiayi quickly left with the gold.

Just as everyone was still discussing it with great interest, Yang Chen opened the car door, and everyone instantly became restless again.

What the hell?

A ride-hailing driver bought 100 pounds of gold in one go?

“Oh my god, am I seeing things? Is that a DiDi [Chinese ride-hailing app] logo on his car?”

“It’s a DiDi, a discontinued JAC Refine S3. Wait… a ride-hailing driver who drives this kind of car can afford to buy 100 pounds of gold? Am I misunderstanding the ride-hailing industry?”

“I sit in the Lujiazui Financial Building [prominent financial district in Shanghai] every day, looking all professional, but I can’t earn as much in my entire life as that ride-hailing driver spends on buying gold once. What’s the point of working?”

“Damn it, I work overtime until after 11 PM every day, and I only get one day off a month, earning a measly 10,000+ yuan [Chinese currency]. He drives around in a ride-hailing car, buying gold like it’s cabbage. What is real? Huh? What is real?”

…

Wang Jiayi put the gold at the passenger seat’s foot and called Wang Li and David Mills to get in the car.

Wang Li felt unbalanced and a little embarrassed.

She quickly asked David Mills, “Hasn’t your company sent a car yet?”

David Mills: “No. I still want to go to other gold stores, so let’s take his car first.”

Wang Li reluctantly nodded and quickly got into the car with David Mills.

Wang Jiayi: “Where do you want to go now?”

Wang Li: “Are there any other gold stores nearby? We still want to check out other gold stores.”

Wang Jiayi looked at Yang Chen. Now she could basically conclude that David Mills was here on a mission. Goldman Sachs must be planning to short gold.

Yang Chen nodded with a smile and said, “Okay, let me check. There’s a Laomiao Gold store two kilometers ahead, which is also a big brand. Is that okay?”

Wang Li: “Okay. Thank you.”

Yang Chen: “You’re welcome.”

Yang Chen drove to Laomiao Gold.

As soon as David Mills got out of the car, he took out his phone to take pictures, and then took out his notebook to write something down.

Wang Jiayi whispered, “He seems to be taking pictures and recording something every time he goes to a store.”

Yang Chen: “Goldman Sachs is definitely going to short gold. Mills’ mission this time is to investigate the sales situation of gold stores in Hai City.”

Wang Jiayi: “What does ‘short’ mean?”

Yang Chen: “Simply put, I sell some orders at the current price in the gold futures market, and then buy back the corresponding number of orders to close the position when the delivery date arrives. As long as the price of gold falls, the money I use to buy back these orders in the future will definitely be less than the money I get from selling them now. The difference in between is the profit I get.”

Wang Jiayi: “Huh? Isn’t the order to make money always ‘buy low and sell high’? Can you make money by ‘sell high and buy low’?”

Yang Chen: “This is the short-selling mechanism. They want to short, but I insist on going long. I’ll tell you to buy later, and you just keep buying.”

Wang Jiayi: “Huh? Still buying?”

Yang Chen: “Buy! Since I want to go long, gold will definitely rise. Buy now and sell after the price rises.”

Wang Jiayi: “OK! Got it.”

David Mills took pictures, made records, and turned around to call Yang Chen and Wang Jiayi into the store.

As soon as they entered, Wang Li pulled Wang Jiayi to look at the products, and even called Yang Chen to join them, so that David Mills could chat with the staff and inquire about the sales of gold.

Unknowingly, Wang Li took Wang Jiayi to the gold bullion and gold bar area.

Wang Li joked, “Jiayi, there are also gold bars here. Are you going to buy some more?”

Wang Jiayi: “That depends on what Yang Chen says. I don’t have that much money to buy.”

Wang Li looked back at Yang Chen, and then whispered, “Hey, Jiayi, let me ask you, why is your boyfriend so rich?”

Wang Jiayi knew that she couldn’t reveal Yang Chen’s true identity for the time being, so she replied, “He won the lottery and also encountered demolition, so he has some money in his hands.”

Wang Li: “Oh, I see. He’s very lucky. It’s amazing if others can encounter one in their lifetime, but he encountered two at once.”

At this time, David Mills came over with a bracelet.

“Honey, do you think this bracelet looks good? Try it on,” David Mills said with a smile.

Wang Li happily took it, only to find that the bracelet was hollow, worth only a few thousand yuan, which is about 600 US dollars.

Although Wang Li looked down on this bracelet in her heart, it was still gold after all, and it could be sold for a price at any time. It’s better to have something than nothing.

“Hehe… Thank you, dear. I like it very much,” Wang Li said pretending to be happy.

Yang Chen deliberately mocked, “This is a hollow one, right? It’s not worth much. Since Mr. Mills has already bought it, why not buy a solid one for Miss Wang?”

David Mills said with a smile, “I will definitely buy a bigger and heavier one for Lily, but not now. Lily will understand me, right?”

Wang Li knew that Goldman Sachs was going to short gold, but she felt that shorting had little to do with her. Only the gold she actually got was real.

Therefore, she didn’t really care about Goldman Sachs shorting gold. She still wanted bigger and heavier jewelry.

However, now she had to cooperate with David Mills. If she messed up his work, she would lose this long-term meal ticket.

“Yes, there’s plenty of time in the future, no need to rush,” Wang Li cooperated.

Yang Chen: “Gold has fallen a lot. If you don’t buy it now, it will be expensive to buy it when it rises. Jiayi, same as before, I’ll buy you as many gold bars as you can carry.”

Wang Jiayi: “Huh? Still buying? We’ve already bought 100 pounds, do we still need to buy more?”

Yang Chen: “I don’t have any good investment methods. It’s good to buy more gold while it’s cheap and sell it when it rises. Buy it.”

Wang Jiayi: “Okay then. Waiter, gloves, bags, I’m going on a shopping spree.”

The waiter quickly did as she was told, handing Wang Jiayi gloves and bags for her to fill with gold bars and gold bricks.

Wang Li, who was standing aside, was really envious. Yang Chen had just bought Wang Jiayi 100 pounds of gold, and now he was going to buy so much again, simply not treating money as money.

On the other hand, what about her?

David Mills only gave her a hollow bracelet, worth only a few hundred US dollars.

Originally, she came back this time to show off to Wang Jiayi and other relatives and friends how well she was doing in the US, but she was completely defeated in the first round. She was no longer in the mood to show off to other relatives and friends.

“Oh my, I can’t move it anymore. I’ve improved a little this time, carrying 60 pounds. Am I amazing?” Wang Jiayi said with a smug look.

Yang Chen: “Haha… Amazing! Still the same rule, let’s make it 100 pounds. Waiter, bring two more gold bars to make it 100 pounds for us.”

The store manager’s legs were shaking. It was the first time in so long that he had encountered such a generous customer.

“Okay, okay. Please wait a moment, I’ll get them right away!” the store manager said excitedly.

David Mills next to him began to doubt his life and couldn’t help but ask, “Mr. Yang, can I ask how you, as a ride-hailing driver, have so much money?”

Wang Jiayi was worried that what Yang Chen said would be inconsistent with what she had just said, so she quickly interjected, “Haha… My boyfriend won the lottery and also encountered demolition. You definitely know about the lottery. If you don’t know about demolition, you can ask Lili. She can explain it to you clearly.”

Wang Li explained what demolition was and what the benefits of encountering demolition were to David Mills in a weak voice.

After listening, David Mills asked in shock, “Mr. Yang, are there many people in Hai City who have their homes demolished?”

Yang Chen: “Of course. In the process of urbanization and industrialization, many people will have their homes demolished. There are fewer here. If it’s in Guangdong Province, there are more demolition tycoons and rent collection tycoons. Any middle-aged man on the street wearing big shorts and flip-flops could be a rent collection tycoon.”

David Mills nodded with a solemn expression.

At this time, the store manager brought two gold bars.

Yang Chen: “Okay! Swipe the card!”

The store manager excitedly brought the POS machine and asked the cashier to issue the receipt quickly.

22.5 million [Chinese currency] was swiped, and 100 pounds of gold was obtained.

A few minutes later, Yang Chen and Wang Jiayi happily left with the gold.

Wang Li and David Mills followed behind in low spirits. Both of them felt that they were no longer in the mood to go shopping.

As soon as Yang Chen and Wang Jiayi arrived at the roadside, a police car stopped.

That’s right, it was the same police officers from before.

Police officer: “You two bought so much gold again? Are you really buying gold like it’s cabbage?”

Yang Chen: “It’s reasonable to buy some and hoard it while it’s cheap, right?”

Police officer: “Hoarding gold is reasonable, but your identity is not reasonable. How can a ride-hailing driver have so much money to buy so much gold?”

Yang Chen: “Uncle Police, you can’t discriminate against my job. Although I am just a ride-hailing driver, that doesn’t mean I can’t win the lottery or encounter demolition, right?”

Police officer: “That makes sense!”

Yang Chen laughed and quickly opened the door to put the gold in the car.

The police officer sighed enviously and then drove away.

Wang Li: “Jiayi, we don’t want to go shopping anymore. Take us back to the hotel.”

Wang Jiayi: “Okay! Honey, take them back to the Marriott Hotel.”

Yang Chen nodded and drove them back to the hotel.

After sending Wang Li and David Mills into the elevator, Wang Jiayi breathed a sigh of relief.

“Wow, it’s finally over. I thought it would be the joy of reuniting after a long time, but I didn’t expect it to be so awkward and uncomfortable. Honey, I’m sorry for putting you through that,” Wang Jiayi said with a pout, hugging Yang Chen and kissing him.

Yang Chen: “I guessed it long ago. People are like this. That’s why many people don’t want to attend class reunions. It’s because everyone has seen many shared cases online and experienced it themselves, so they know what class reunions are like now. The best thing is always the memory. Let’s go, I’ll take you home.”

Wang Jiayi nodded, happily hugging Yang Chen’s waist as they left the hotel.

At this time, David Mills and Wang Li returned to the hotel.

Wang Li was in a very bad mood. She originally wanted to show off in front of Wang Jiayi, but she didn’t expect to be completely outdone. She was no longer in the mood to stay in Hai City.

David Mills quickly turned on his computer and wrote a work report to send to headquarters.

In addition to reporting today’s investigation report, David Mills also gave his own suggestions.

“A ride-hailing driver buys gold like he’s buying cabbage, buying 100KG of gold in one go. He also said that there are many people like him in China. They have a lot of demolition money in their hands, but they don’t have good investments, so investing in gold is the best choice. If that’s really the case, once the price of gold falls, they will definitely snap up spot gold, and the price of spot gold will rise, which will definitely force the futures price to rise as well. How can we successfully short it? Therefore, I suggest carefully considering shorting gold, at least the Chinese market is not so easy to short.”

Soon, the leader replied to the email.

“Do you think I’m stupid? How can a ride-hailing driver buy 100KG of gold? If Chinese ride-hailing drivers are so rich, how can they still be a developing country? Are you being lazy and not doing research, just making up an excuse to deceive me? David, I warn you, you are already a 43-year-old junior analyst. If you have this work attitude, you are not far from being eliminated.”

David Mills was also speechless. He was clearly reporting the truth, but the leader thought he was lying.

David Mills had no choice but to compress the photos he secretly took of Yang Chen and Wang Jiayi holding gold and send them to the leader as attachments.

After a while, the leader replied to the email.

“F*ck! They really buy gold like that! Are Chinese ride-hailing drivers so rich? What do you mean by demolition money you mentioned earlier?”

David Mills simply called the leader and verbally described the work report to him.

The leader was silent after listening. After a long time, the leader said, “Shorting gold is a decision that the group has carefully considered, and it definitely cannot be easily changed. We have already quietly released a large number of short orders in the futures market. There is no turning back once the bow is drawn. We must short it to the end. You can take a day off tomorrow. After the market reports from other markets are sent back, we will have a meeting to study and give you further work instructions.”

David Mills: “Okay.”

Hanging up the phone, David Mills happily said to Wang Li, “Honey, I can rest tomorrow. We can plan where to go to play.”

Wang Li: “Really! That’s great. I’ll get the map, and we’ll study where to go tomorrow.”

…

Yang Chen took Wang Jiayi back to her home and moved all the gold to her house in several trips.

Wang Jiayi quickly turned on the air conditioner in the bedroom and said with a smile, “I’m going to take a shower. You can rest for a while.”

Yang Chen: “Ah? Why are you taking a shower now?”

Wang Jiayi smiled shyly and said, “Don’t you know why? How long has it been since I saw you? Don’t you have any idea? Hmph!”

After speaking, Wang Jiayi quickly took her change of clothes and went to the bathroom.

It seemed that he couldn’t avoid it, so he decided to face it bravely.

Yang Chen pushed open the bathroom door and sneaked in.

“Oh, why did you come in?”

“I’ll help you scrub your back.”

“Hehe… Then scrub it well, make sure it’s clean.”

“Don’t worry, I’ve been scrubbing backs professionally for thirty years, I guarantee you’ll be satisfied.”

…

Early in the morning, Wang Li called Wang Jiayi.

Wang Jiayi: “Hello, Lili, what’s the matter?”

Wang Li: “Jiayi, we want to go to the beach. Can you come with us?”

Wang Jiayi: “Ah? Go to the beach now? Okay, we’ll get up now, wait a moment.”

Hanging up the phone, Wang Jiayi woke up Yang Chen.

Half an hour later, the two set off for the Marriott Hotel.

Soon, they picked up Wang Li and David Mills.

Wang Jiayi: “Do you really want to go to the beach?”

David Mills: “Yes! We want to go to the beach and breathe in the sea air.”

Yang Chen: “Get in the car!”

Wang Li and David Mills quickly got into the car, and Yang Chen immediately started the car and drove to the seaside resort.

It was now the cold winter months, and there were not many tourists at the beach.

At this time of year, you could probably only go to Sanya [tropical resort island in China] to see tourists playing and frolicking on the beach.

At this time, a young lady came over with a brochure.

Young lady: “Hello everyone, is this your first time visiting Hai City?”

Yang Chen: “This foreign friend is here for the first time.”

Young lady: “Would you like to try renting a yacht to blow the sea breeze? You can’t really play on the beach this season, so everyone rents yachts to go out to sea. The weather is good today, the waves are small, and it’s perfect for a sea trip. And because it’s the off-season, our rent is also very cheap. Three hours only costs 5,000 yuan [Chinese currency], other expenses are extra. Would you like to try it?”

Before Yang Chen could say anything, Wang Li immediately said, “Yes, yes. Let’s rent one, go out and play for three hours, and come back in time for dinner. Jiayi, is that okay?”

Wang Jiayi: “Of course you can go out to sea if you want to. But we don’t need to rent a yacht, Yang Chen has a yacht docked here. Look, the biggest yacht is Yang Chen’s.”

Wang Li and David Mills looked in the direction Wang Jiayi was pointing and were immediately stunned.

That wasn’t a yacht, it was clearly a mountain.

The young lady who was promoting the yacht looked shocked and stammered, “Ah… you… are you Boss Yang?”

Yang Chen: “Yes! Please notify your manager to prepare the yacht for me, I want to go out to sea.”

Young lady: “Okay, okay. I’ll report to the manager right away.”

The young lady turned around and ran away at a speed of 100 meters.

Wang Li asked with a puzzled look, “She called you Boss Yang? Which Boss Yang are you?”

Yang Chen: “Stellar Corporation Boss Yang.”

Wang Li: “What? You are Stellar Corporation Boss Yang? David, he is Stellar Corporation boss Yang Chen.”

David Mills: “What? Yang Chen!”

Yang Chen: “Yes, didn’t Jiayi introduce my name to you?”

David Mills: “But you didn’t say you were Stellar Corporation boss Yang Chen!”

Yang Chen: “You didn’t ask if I was!”

David Mills: “…”

Yang Chen: “Let’s go, let’s wait at the yacht.”

David Mills: “No, no, no, I don’t want to go out to sea. Lily, let’s go, let’s go back to the hotel immediately.”

Wang Li: “Ah? Why? I haven’t played on such a big yacht before, let’s go play for a while before going back.”

David Mills: “F*ck! I said go back to the hotel immediately, did you hear me clearly? If you don’t go back, don’t come back to the US with me.”

David Mills was very anxious now, because he felt that Yang Chen must have guessed that Goldman Sachs was going to take action in the gold market next.

The current gold price of 1780 US dollars/ounce has limited room for upside, but a lot of room for downside, and Yang Chen must have guessed that Goldman Sachs was going to short gold.

In this case, if Goldman Sachs insists on continuing to short gold, it is likely to be blocked by Yang Chen, and he must go back to report this situation to the leader now.

Wang Li didn’t dare to lose this meal ticket, after all, she was still counting on him to settle down in the US.

“Then… then okay…” Wang Li said disappointedly.

Yang Chen said with a smile, “Mr. Mills, why be so nervous? I already know what I should know, and it’s not really meaningful for you to report to headquarters right now. You should be clear that I will never allow foreign capital to short any industry or company in China. Those idiots at the Lion Fund shorted Chinese concept stocks, and you Goldman Sachs took the opportunity to short gold. You thought I would put all my energy and money into protecting Chinese concept stocks, so I definitely wouldn’t be able to deal with your gold shorting. You want to harvest the 2,600 tons of gold that the Chinese government brought back from abroad, right?”

David Mills: “How… how do you know so clearly?”

Yang Chen: “If I couldn’t analyze this little bit, how would I dare to take on your Wall Street alliance alone! Don’t be nervous, it’s useless to be nervous. A small character like you can’t affect this showdown at all. Enjoy your rare day off and show Miss Wang your fishing skills.”

David Mills and Wang Li widened their eyes in shock at the same time.

How did Yang Chen know that David Mills had a day off today?

How did he know that David Mills had said in the hotel room that he would show Wang Li his fishing skills?

“You… you’re eavesdropping on me?” David Mills asked in shock.

Yang Chen: “Haha… Relax, enjoy this rare vacation.”

David Mills looked at Yang Chen with a look of fear. He now realized that he was just a toy in Yang Chen’s hands. His every move, what he said, and what he did were all under Yang Chen’s control.

Where did the problem go wrong?

Phone, computer, or hotel room?