"Dongdong"

"Come in!"

When Arthur was still lamenting that he was almost cheated by a cheating game he developed and almost ruined his beautiful life, the office door was knocked.

"Boss, the meeting time is up and everyone is here."

Looking at the secretary pushing the door, Arthur nodded, after drinking the coffee in the cup for a few sips, he stood up, picked up a folder, and walked out.

As Christmas approaches, Arthur's meetings have become more and more. Not only is it a year-end summary, but also a prospect and plan for the coming year, all of which need to be discussed.

"Crash"

“Good morning, boss”

When Arthur walked into the conference room, everyone in the conference room stood up to greet him. Arthur smiled and reached out to press down, "Good morning, everyone can sit down."

However, everyone did not obey him and stood in their own positions one by one until Arthur walked to the top of the conference table and said again: "Okay, don't be so reserved, just sit down."

As he said that, after Arthur sat down on the boss's chair, everyone sat down one by one. After everyone sat down, Arthur was very satisfied with his group of subordinates. To be honest, he had always had a worry, that is, because he was too young and inexperienced to control these elites.

However, as time went by, he, the young Count, succeeded in building prestige in the hearts of these subordinates.

Facts are stronger than words. No matter how much you say or how good you sound, it is not as good as success at once. It is convincing. As the number of success increases, naturally, they will gradually become convinced and depend on it.

And relying on you is actually because they believe in your ability!

The previous judgment of clearing gold futures and shorting the euro made Arthur, the young boss, build a far-sighted strategist image in the hearts of these financial elites.

The rise is like a flame soaring into the sky, and the fall is like a waterfall. When the market is immersed in a crazy rise, the change of international gold prices suddenly comes. Just as Arthur cleared gold futures, laid out the euro exchange market, and waited for the three major rating agencies to lower the Greek credit rating, the international gold prices continued to fall. Last Friday, the London gold price plummeted 3.85% in a single day, falling to US$1,161 per ounce, successfully avoiding risks!

If you look at the investment trajectory of Arthur along the way, you will find that it is magical to successfully step on the node almost every time. This group of subordinates also went from being contemptuous, questioned, to being astonished, to being amazed, to now admiration for the young boss and the habit of success for the boss.

"Today's meeting is mainly about the current trend of gold and next year's trend. Everyone talks freely. I have always believed that only in the debate can we be born, the best idea and the best decision can be born."

As the host of the meeting, Arthur said with a smile, looking around for a week, responding to all the gazes that were cast towards him. What Arthur said was not a high-profile sing, but a real belief that only when there is a debate can there be a high-profile argument.

However, he also knew that under normal circumstances, even if he already had his own opinions, if he had ten subordinates and his opinions were contrary to his own, it would be difficult for him not to waver. Fortunately, he had a plug-in and could grasp the general trend of the future so that he should not have prejudices before listening, and he should not have any opinions after listening.

In fact, this is also when he still has plug-ins, he deliberately trains himself and his team, and makes arrangements and preparations for the future when his advantage is gone.

The purpose is that when you can’t see the future clearly, you have an excellent team that can give him advice!

"According to data, due to the continued rebound of the US dollar, gold prices will maintain a downward trend in the near future.

Before this round of decline broke out, gold has been hitting record highs repeatedly, but this strong unilateral rise has laid the groundwork for the same drastic adjustment.

After all, after a long-term rise, the bulls have huge profits. Once unfavorable factors appear, it will trigger panic for long positions, which is the so-called "long kills long", which leads to a market plummeting."

As the meeting officially began, Smith Jama, the most important team member of Arthur Financial Investment, took the lead in speaking, and it played a role in attracting jade.

"From the fundamental perspective, the international capital market has experienced frequent risk events recently, and the Greek and Dibai credit crisis has further heated up market risk aversion. Investors have begun to transfer funds to investments with higher security margins such as the US dollar and government bonds, which has led to a sharp rise in the US dollar exchange rate and the international gold price fell under pressure.

The new sovereign debt crisis is lurking around the world. After warning Greece's main credit, the well-known credit rating agency Standard & Poor's has reduced the outlook for Portugal's main credit rating from "stable" to "negative", citing the country's public finances deteriorated.

At the same time, the United States, together with the United Kingdom, France, Germany and other European countries, received a warning from Moody's, that if its public debt level does not decrease, it will also be at risk of downgrading the sovereign credit rating. Investors' concerns about the crisis have originally supported gold, but the disorderly and significant increase in the early stage has weakened the risk-averse function of gold and caused confusion in price fluctuations.

From a technical perspective, gold prices will continue to fluctuate and adjust in the short term, with some support at $1110 to $1120 per ounce, and the support level below is $1100 per ounce, while the upper resistance level is $1140 to $1150 per ounce.

In my opinion, it is unlikely that gold prices will fall below $1,100 per ounce, but the possibility of immediately resuming a strong rise is also very small, because after a drastic adjustment, the bulls will not immediately enter the market and buy..."

Smith Jama's well-founded analysis made everyone present nod agreeing, and Arthur smiled with satisfaction.

"I agree with the manager's judgment. Although this round of gold price adjustments has sharply declined, this has not changed the basic position of optimistic about gold prices in the medium and long term." At this time, an analyst at an investment company named John also spoke: "I think that as long as the US dollar exchange rate has not changed for a long time, the gold price will not change its upward trend, and the long-term target is $1,500 per ounce."

Another data analyst also said that the US dollar will remain weak. "The weakening of the US dollar is the main driving force for the rise of gold prices. Considering the future high unemployment rate, low capacity utilization rate, credit tightening, and unfinished deleveraging, it is impossible for the United States to raise interest rates in the short term, and the US dollar will continue to be loose. It is expected that the weak US dollar pattern in the future will bring continuous support to gold prices..."

Looking ahead to the gold price trend next year, everyone in the conference room generally believes that the gold price will still be at a high level.

After a week of serious expression, Smith Jama looked around, his eyes fell on Arthur's face and said with a positive tone: "The uncertainty of the monetary environment is the most important factor supporting the price of gold. It is mainly due to the uncertainty of the monetary environment caused by the shaken status of the US dollar, which is reflected in the increase of gold reserves by emerging countries, investors' enthusiasm for gold investment products, the weakness of the US dollar index, and the high operation of oil prices.

According to our data analysis, Hehe Research, in the past 30 years, the two major rises in gold prices have been related to uncertainty in the monetary system.

The rise in international gold prices this round is caused by the global financial crisis, when countries around the world adopted loose monetary policies to stimulate the economy, resulting in a pan-language global currency!”

Smith and Jama and other analysts have made it clear that after sufficient fluctuation and rest, gold prices will usher in a new round of growth in the future.
Chapter completed!