Reborn Capital Madman

Chapter 0578 The global gold market plummeted

On Monday, February 4, the new trading week of Xiangjiang Gold City began, but due to the time difference, London Gold City is still late at night, while New York Gold City is not even Monday, so it can only follow the trend.

The gold market continues the hot market last week, operating fearlessly and ignorantly.

However, next, investors or gamblers who bet on the positive trend of the gold market began to get in a mess and were in panic all day long.

Because, the global gold market, which was originally in full swing, suddenly turned sharply without any nostalgia.

Specifically, it only takes a week to go. On February 11, the first trading day of another new trading week, gold prices plummeted from the historical high of last week's 875 US dollars per ounce to

It's a little over seven hundred dollars per ounce, and the downward momentum remains unabated.

Now, the Central Financial District is bleak and the festive atmosphere before the Spring Festival is gone.

The reason is not difficult to understand. The gold market was booming and the speculative atmosphere was strong. Many people were thinking about making a big fuss. If they just used the existing capital in their hands, they would lose a lot of money. I think

People who make a fortune are not so honest. As long as they have the opportunity, they always have to use financial leverage methods, and the result is that they bear huge debts.

As a result, if banks and other financial institutions with financial leverage mechanisms accumulate more and more bad debts because they cannot collect their loans, the entire Xiangjiang financial system will eventually suffer.

Gao Xian and Gao Yi were not idle either. They were not busy, but were given priority to dealing with the gold futures contracts that Gao Xian threw out last month. The delivery will be completed within this week.

It is obvious that Gao Xian has no 100,000 ounces of gold in his personal hand, but the price of gold has plummeted to around 700 US dollars per ounce, and the problem is no longer a problem. On the contrary, the Xiangjiang Futures Exchange has to worry about those guys who bet against Gao Xian.

, cheating and defaulting,

"Just treat it as a good relationship in exchange for convenience in London and New York. There is no need to be too demanding. You can temporarily stabilize the futures exchange scene, especially the rules are respected." Gao Xian pointed out the specific work for Ye Licheng.

The key point.

Ye Licheng, who could not hide his admiration, asked, "Boss, can gold prices keep the 650 US dollars per ounce?"

"What are you going to guard!" Gao Xian shook his head, "I think the price of gold next month can't even be kept at a level of 500 US dollars per ounce."

Ye Licheng was surprised, "How could this happen?"

"The gold price is so downward, and it is estimated that many central banks are selling out gold quietly. Such big dealers cannot compete with each other." Gao Xian analyzed, "and there may be deeper reasons behind this."

As for the deeper reason, Gao Xian did not continue to explain.

In Gao Xian's opinion, if the gold price continues to rise like this, the central banks will really not be able to stand it. How good is the banknotes, and the ruling elites can print as much as they want, but if its authority is really compared to gold, the times will return to the gold standard.

At the stage, the foundation of monetary credit will be gone.

In addition, the world energy crisis caused by the two oil crises really scares capitalist countries. They must use certain means to suppress the current proud oil-producing countries, and at the same time they can also attack the Soviet Union, which is invading Afghanistan.

The role of money is absolutely indispensable.

Just so happened that the United States began to compromise with the current situation. US President Carter, who had implemented a stimulus economy and fiscal policy as soon as he came to power a few years ago, officially stated to the outside world that the White House would cooperate with the Federal Reserve's monetary tightening policy, such as canceling the aim of expanding consumption and stimulating the economy.

a series of credit consumption policies to reduce the scale of personal debt.

Western European countries led by West Germany saw that the United States had indeed begun to truly control inflation, so they also maintained the strong currency status of the US dollar.

Therefore, the previous gold price seemed unstoppable, but it was already at the end of its strength.

Of course, gold prices may not fall continuously this year, because once the war between Iraq and Iran breaks out in the Middle East, its influence is great enough to stimulate the panic of capital, and thus allow gold that can be avoided again

Get stage-by-stage favor.

This kind of ups and downs in the overall decline of gold prices can be done as long as you grasp it well. It is just too complicated. Gao Xian does not need to waste energy to answer questions and answer questions to his confidants in advance.

"You guys just follow this strategy." Gao Xian waved his hand and said.

His original intention was to be in charge behind him and let the generals under his command rush in front of the formation. However, it is destined to be unrealistic to want to be clean, because at this chaotic moment, there are too many people looking for funds to fill holes everywhere.

Many of them came to the Gao family's disciples, and Sir Gao's reputation for being kind and generous is well known. As the saying goes, fame can bring profits, and sometimes it is burdened by fame.

With the endless stream of visitors in front of Gaozhai at No. 10 Pule Road, Gao Xian was so disturbed that he told the butler that he simply hid in the hotel.

It’s not that Gao Xian is really mean and ruthless, but that he is disdainful. When the avalanche is absent, it is innocent. He was caught blindly at this time. What did he do before? Anyway, his closest circle has basically escaped this disaster. You should go with the flow.

My brother has limited abilities, and he still needs to set aside enough cash on hand to ensure that the upcoming acquisition will win.

Gao Xian's move to hide was decisive, but some people still need to contact him. For example, He Zhuguo came to the door with all his thoughts and asked, "Sir Gao, the family funds that my brother Dingguo was responsible for are currently suffering serious losses.

.I believe that if I take the initiative to clean up the mess, it will definitely not arouse opposition from Dingguo, and will be legitimately left at the headquarters in Xiangjiang. However, will this mess be almost impossible to clean up?

"It's still a child who can teach you!" After admiring in his heart, Gao Xian smiled and said, "How much money did your family give Dingguo to practice?"

"About three million US dollars, Dingguo is like gambling, all of which are pressed on gold investment." He Zhuguo replied slowly, "I asked in detail and found that nearly 4,000 ounces of gold, the average cost is per each

The price of gold hits 800 US dollars per ounce and then leaves it after the price of gold hits 900 US dollars per ounce. Unexpectedly, the price of gold has suddenly fallen to 700 US dollars per ounce, all of which are in the hands."

"More than 400,000 US dollars and more than 2 million Hong Kong dollars were evaporated." Gao Xian laughed in silence, "When next month, this number will still quadruple."

He Zhuguo looked gloomy when he heard this, "As for this reason, this mess cannot be cleaned up!"

"How can you show your ability without difficulty?" Gao Xian said leisurely, "Zhu Guo, if you can trust me, you will make a promise at the family meeting. Taking over this family fund this year will not only cause Dingguo.

The hole is blocked and you will make another $1 million in profit at the end of the year.”

...

s bowed and thanked the book friend Ai Rui Youqingfeng and Miaofan for his reward and support!!

Because you are busy with work, the updates are not good, but you still give rewards and support. I am very moved. Thank you solemnly!!

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like