American Fortune Life

The constipated New York Mayor Michael Bloomberg, who sent away his face, felt that he had done something great for his hometown, Andy, left a pile of signed documents, and rushed to the Gaia Building (the original mine) Man Brothers Building), held a think tank meeting.

"This administration has always believed that the privatization of banks is the right path ... but the government will" fully supervise "the banking system at the center of the financial crisis storm."

On the LCD TV in the conference room, White House Press Secretary Robert Gibbs positively clarified the rumors of 'nationalization of banks' in the US stock market trading. This is also the way the White House was forced.

After the opening of the U.S. stock market, it was affected by this and continued to fall. What's more terrible is that the top Dow Jones index constituents include: Citigroup fell to 1.95 US dollars, a decline of 22%, Bank of America fell to 3.79 US dollars, a 3.6% decrease General Electric fell to US $ 9.38, a decrease of 6.8%, and General Motors fell to US $ 1.77, a decrease of 12%.

Five of the 30 components of the Dow Jones Index are currently trading below $ 10, a situation that has been incredible in the past. What scares the market even more is that the so-called purchase of large stocks can protect the security of investment.

The White House's remarks on the desire to maintain the private ownership of the banking system have brought bank shares back, at least not again, but nationalization rumors still dominate the market. Few investors are willing to continue holding bank shares during the weekend.

After all, in fact, many large financial institutions in the United States have been nationalized to some extent, including Fannie Mae and Fannie Mae, which the government took over last year. In addition, the US Federal Deposit Insurance Corporation is currently closing several small banks and selling their assets, which is also a form of nationalization.

"Steven, the takeover of these seven banks will be entrusted to you, complete as soon as possible, digest it, and open the business on time next Monday without affecting the flow of funds to our customers."

After seeing the clarification from the White House spokesperson, Andy put his hands on it, and soon someone turned off the TV and set his sights on Yingtai Bank's CEO Steve Nobby.

"Understood, boss, I will take someone over to meet them after the meeting. One weekend is enough to complete the initial integration." Stephen Noby with black-rimmed glasses showed a confident smile on his face.

Andy nodded with satisfaction, having to say that Stephen's ability was beyond reproach.

"Using our dedicated database to study the bottom of the market in the 1930s, the conclusion of the analysis is that the stock market will fall further.

A warning has been issued to our customers stating that they have yet to see the signs that the desired stock market has really bottomed.

Because hedge funds have accounted for one-third or more of all trading volumes, the technical trading rules have been modified to make it easier for them to place bets on falling stocks, market trends have become more volatile, and many fakes have been issued signal.

Research shows that the proportion of rising stocks has been getting smaller in recent weeks, suggesting that investors have not ended the sell-off. "

Andy leaned lazily on the boss chair, squinting his eyes, touching his chin, and quietly listening to the market analysis obtained by the think tank through the comparison of big data and data models, combined with his own less detailed memories Mutual verification, which also makes him increasingly believe in big data analysis of think tanks.

People have near-term concerns without far-sightedness. With the passage of time, Andy has more and more choices of some financial memories in his mind as a reference, rather than as an indicator of unbelievable belief. History may be amazing. It ’s similar, but the human factor can be changed at any time. Andy, who has reached such a high level, has decided to try to enter the stage of “complete letter, better than no book”, and must also enter this stage. Because, his dependence will disappear completely over time.

"Hehe, in the current 16-month bear market, the Dow Jones Index has fallen by 47%. This is already one of the biggest declines in the 113-year history of the Dow, second only to the stock market crash of 1929 to 1932. Almost 90% down. However, I believe that no one would think that the stock market will repeat a similar crash this time, right? "Andy smiled, moving a sign pen in his hand, and looked around in a ridiculous tone. Meeting room for a week.

After seeing everyone shaking their heads slightly, Andy continued to say, "I don't believe that there will be a crash. Once our new president's economic stimulus plan is implemented, I think the stock market will not be far off."

"The real point is whether the Ministry of Finance can launch a plan to strip toxic assets from the bank's balance sheet. If it can be successfully launched, for example, U.S. stocks will usher in a strong rebound, if not ..." Arvitelli made After his own analysis, although he didn't finish his words, everyone knew what it meant.

All the people present were well-informed people. They learned that the White House and Wall Street were in conflict, and they were close to tearing their faces, not because they had to wait for the US government's money to save their lives. The sea.

If the White House wants to promulgate a banking solution, it also needs Wall Street support to sell the "toxic assets" that have overwhelmed the financial system in order to complete the rescue of the financial industry.

"Rest assured, the banking industry's solution will be launched smoothly, but before that, take advantage of the downward trend to make short and make some money. With March as the dividing point, all positions will be cleared at that time, waiting for my next arrangement!" An Dee made the decision.

"What about gold ..."

"Due to the continuous news of the gloomy global economic outlook, the gdp of the foot basin fell by 3.3% in the fourth quarter of last year, the worst performance in 34 years. The United States' newly announced Fed manufacturing index fell to a record negative 34, also indicating that the United States The economic outlook is not optimistic. As a result of this, investors' risk aversion is heating up, and they have flooded into the gold market in search of value preservation and appreciation, driving the gold futures to rise sharply.

Coupled with the economic stimulus plan signed by the president and failed to boost the US stock market, the price of gold futures delivered on the New York Mercantile Exchange in April rose 25 dollars per ounce to close at 967 dollars, an increase of 2.7%. It was a seven-month high of $ 975.

Driven by safe-haven buying, the price of gold futures on the New York Mercantile Exchange continued to rise today. The April contract rose 10.7 US dollars per ounce, which is currently 978 US dollars, an increase of 1.1%.

According to the minutes of the January meeting obtained by the US Federal Open Market Committee before the market opened this morning, the US economy continued to deteriorate in January, and the recovery is not expected to show until the second half of this year. For this reason, driven by continued safe-haven buying, despite the weak performance of other commodity markets, the price of gold futures will remain strong and approach the $ 1,000 mark. "

"Papa--"

Andy leaned leaning on the boss chair, his entire right arm was placed on the conference table, and his fingers gently tapped on the conference table, making a crisp sound, the corners of his mouth slightly raised, his mouth muttered softly, "The $ 1,000 mark. ... "

And everyone in the conference room had to look at the young big boss with admiration and admiration, especially Bardstone, who was personally invited by Andy, and he was most impressed. He always remembered the day that changed his life. At the reception, he would be full of emotions. At that time, it was only the young people who had just billions of dollars. Now they have become the youngest super-rich man in the world. He will also listen to the outside world as a less true legend, but it may not be as shocking.

"Dear you, I have a hunch that gold prices will rise along the way, will continue to refresh the historical record of gold prices, and will continue to impact the bottom line of people's gold prices, and will stage a good show that will go crazy to the end!"

Andy abruptly stopped his fingers that hit the table very rhythmically, raised his head slightly, and a mysterious smile appeared on his face.