Reborn Capital Empire
Chapter 278: suppress gold prices
Chapter 278 suppresses the price of gold
…
“… Federal Reserve Executive Tim Villafana told the media that the current rise in commodity prices has directly damaged the recovery of the U.S. economy, so he believes that the federal funds rate should be appropriately raised to increase the attractiveness of U.S. dollar assets and help Promote the development of the U.S. economy. In addition, we interviewed the chairman of the Federal Reserve, Alan Greensfan, who said that there is indeed a debate about raising and lowering interest rates within the Federal Reserve, but the specifics will depend on the actual situation of the U.S. economy!”
Watching NBC's financial news, Guo Shouyun was deeply dignified. There are many factors affecting gold, one of which is the Fed raising interest rates and raising the value of the US dollar.
"Boss, since this news was broadcast, the price of spot gold in London dropped by 49 basis points immediately. If there is no favorable support point, I am afraid that gold will continue to fall!" Qin Zhicheng said solemnly.
After a moment of silence, Guo Shouyun turned to ask, "What happened to Argentina?"
“Stock and currency markets have stabilized, but the impact of the financial crisis is still ongoing. There was even a strike in Buenos Aires two days ago. On the surface, however, the Argentine financial market has stabilized Down!" said John Luthme.
"What is the price of gold now?" Guo Shouyun continued.
"The price was $272.36 half an hour ago! But looking at the situation, it should continue to fall!"
Guo Shouyun nodded, and after thinking for a while, he was about to continue his inquiry, but Zhang Shaoling's cell phone suddenly rang.
After the latter was connected, his face suddenly became solemn, which made Guo Shouyun realize that the bad news was coming again.
"Boss, I just received news that Canada's Barclay Gold Corporation and the U.S. Newmont Mining Corporation have announced to increase their gold production. The former hopes to increase the company's gold production by 5% in the next three years, while the latter says they will increase it by 3% next year. 8% increase in the next three years!”
Buckley and Newmont are the world's No. 1 and No. 2 gold producers, respectively. The combined output of the two parties exceeds 300 tons. Therefore, they also have a strong influence on the gold market.
The sudden bad news made the atmosphere in the room depressed. Looking at Qin Zhicheng, Zhang Shaoling and John Lu Simi's worried eyes, Guo Shouyun couldn't help feeling unbearable for the pressure brought by a serious Citigroup even though he had firm confidence in his heart.
After the victory of the "Hound Project", he originally felt that the influence of American financial giants such as Citi and Goldman Sachs was only the same. Looking at it now, the reason why he was able to win at the beginning was not only that the suddenness of the Argentine financial crisis had made him a lot of money, and he had sufficient capital to deal with the crisis, but also several financial giants who already had conflicts, because of entanglement of interests. No real power.
And now, when Citi becomes the leader of the "anti-Guo alliance" and becomes the biggest beneficiary, she starts to exert her influence without any scruples. As a result, a series of political, economic, commercial and legal blows caused the gold price, which was still in a strong upward trend, to drop rapidly, putting huge pressure on Guo Shouyun and Leiting Fund, who were long.
At the same time, it also fully exposed the huge gap between Guo Shouyun and Leiting Fund and Citi, a century-old financial giant in terms of contacts and influence.
However, connections and influence cannot be accumulated overnight, so it is impossible to compete with Citi in this regard.
Of course, Guo Shouyun did not intend to start from this aspect.
The most important thing is that even though he was under a lot of pressure in the face of Citi's attack, he never panicked or lost his confidence. Because 9/11 was enough to turn everything around.
Therefore, there are two paths in front of Guo Shouyun: first, do nothing and wait for the coming of 9.11. Second, through the game with Citi, continue to overweight gold bulls. And by doing so, it can also avoid getting involved with terrorists.
Whether to choose conservative or radical, Guo Shouyun was still undecided for a while. In normal times, he would definitely choose radical means without a doubt. But now he prefers to save time and energy by being with Molly Bevin and seeing his own baby born.
Under the attention of Qin Zhicheng and the others, Guo Shouyun stood up after thinking for a while. After walking a few steps in the empty space of the room, he stopped in front of the window next to him.
Looking at the reclining chair in the garden outside, she was quietly reading a book, and was pregnant with Molly Bevan. The originally hesitant heart instantly calmed down.
Now he is rich enough, even if he does nothing now. Just relying on the copyright of those novels can also eat and drink for a lifetime. So now, money is more of a tool for him to realize his ideals. In contrast, his family and children are things he has never had in his life. Compared with the money that has more opportunities to transfer in the future, this is what he should cherish more!
"Go back first, and keep an eye on any news that can affect the gold market. Also, don't do anything without my order!"
"Can…!"
John Lu Simi was about to speak, but was stopped by Qin Zhicheng next to him. After shaking their heads at him, Qin Zhicheng and Zhang Shaoling took John Lu Simi, who was still hesitant, and walked out.
After leaving the small conference room before, "Qin, why did you stop me just now? The current situation is very unfavorable for us, we should persuade the boss to lighten up the position!"
"John, you haven't been with the boss for a long time, and you don't know much about his character. Just like just now, after listening to our advice and analysis, the boss makes a decision. Unless there is a major accident, 99% It won't change again!"
Zhang Shaoling next to him also nodded in agreement.
"The boss is the kind of person who is usually easy-going, but very persistent once a decision is made! It is difficult to change his decision without a good reason."
Looking at Zhang Shaoling, and then at Qin Zhicheng, John Lu Simi knew that the two of them had spent more time with Guo Shouyun than he did. Naturally, his understanding of the big boss is deeper than his own.
"But we just watched the price of gold fall day by day, and the money invested by the Thunder Fund was stuck a little bit?"
Qin Zhicheng and Zhang Shaoling also showed a hint of hesitation on their faces. You must know that the price of gold has fallen to $272.36 now, which is less than two dollars away from the starting price of the Thunder Fund of $270.39. In the current form of the gold market, two dollars is clearly not an insurance number. Maybe two days, maybe a week, and the price of gold will fall even lower. At that time, although there is still a guarantee to ensure the future, no one can guess when the opportunity to unwind in the future will come.
"Although it is dangerous for us to wait, I believe in the boss's decision." After a pause, facing the eyes of the two, Zhang Shaoling still said firmly: "Since entering the Thunder Fund, I have followed the boss to fight in the gold market. Kill, I have experienced many times in the middle of the decision that is extremely risky to the outside world. I was as staunchly opposed as John, but it has been repeatedly proved that the boss's decision is correct. The reason why Solomon Fund was able to make the decision in less than half a year Turn to the excess profit of nearly 15 billion US dollars. Ninety percent of the credit is due to the boss's accurate judgment in the gold market. This time, I still believe that the boss's judgment will not be wrong!"
After listening to Zhang Shaoling's words, looking at his firm eyes, John Lu Simi and Qin Zhicheng looked at each other, thinking of Guo Shouyun's seemingly impossible decisions before, but they were extremely wise afterwards, and the unease in their hearts gradually calmed down.
"As a competent employee, now I can only abide by the boss's decision!" John Lusmi smiled after spreading his hands.
"Let's go! It's almost noon, so hurry up and work after lunch!"
Qin Zhicheng clapped his hands and greeted the two of them to go down together.
…
There is a saying: The tree wants to be quiet but the wind does not stop. Just when Guo Shouyun was about to eliminate outside disturbances, take care of his wife, and quietly wait for the birth of his child, the front page of Guo Shouyun once again pushed him into the whirlpool of public opinion.
"Thunder, who is trapped in the gold market, tens of billions of funds will soon be in vain! Where should 'Hunter Brothers II' go?"
Almost everyone who has an understanding of American finance knows that the Hunter brothers are speculators who failed in the last century when the United States was long in silver. At the same time, because of the tens of billions of pre-tax profits of the Leiting Fund that exploded some time ago, everyone also remembered the names of Guo Shouyun and Leiting Fund. Therefore, when the news about the Thunder Fund being trapped in the gold market was exposed, it undoubtedly caused an uproar in the U.S. financial market.
"Haha~www.wuxiaspot.com~ I really want to see what Bruce Guo's expression looks like after seeing this report, I believe it will be very exciting!" Oliver Balin laughed happily.
Looking at him, Paul Turner said indifferently: "Don't be too happy. Although we don't know how much margin Guo Shouyun holds. But looking at the quiet appearance of the Thunder Fund, it is obvious that the current gold price is far from reaching them. set safety line."
"What's the matter? Now 80% of institutions and individuals in the world are bearish on gold. The general trend is like this. Can Bruce Guo go against the sky? In addition, although the world economy is in a downturn, it has reached the bottom. Similar to Argentina's financial Crisis, a black swan event that can drive gold prices up, can't always happen. So, the price of gold will be in a downward curve for the next two to three months."
“…I don’t believe Bruce Kuo can sit still as long as we get gold down to $260. Taking a step back, it doesn’t matter if he puts enough margin. As long as we keep gold low until the end of the year When the Leiting Fund discloses its performance, the huge losses will be exposed. At that time, as long as we make a little fuss about public opinion, Leiting, who lacks background, will be abandoned by those opportunistic capitals. After killing Leiting, Phoenix, the parent company, will also The same will not be easier. As long as we have enough patience and means, we can deprive that **** of the assets little by little!" Oliver Balin said with a strong hatred in his tone.
He could never forget the experience of being kicked by Guo Shouyun in public. This humiliation, he must pay back thousands of times.
…………………………
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