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Eight hundred and eighty-ninth chapter violent fluctuations

"Big shopkeeper, the price of 132 US dollars has not stabilized. It fell below the opening today. The opening price is 131.965." Hu Guangyong said, looking at Yi Zhizu, who was still writing at his desk, and said carefully: "The overall trend is still falling..."

Yi Zhizu asked without raising his head, "Have you cleared the stock?"

"It was cleared when the gold price began to turn down in July." Hu Guangyong replied quickly, paused, and he said cautiously: "However, I feel that this wave of market should not end here..."

"Why?"

"Just intuition." Hu Guangyong said slowly: "I feel that this wave of market seems to have a feeling of being a slash."

"It's not a tiger's head and tail, this is the beginning!" Yi Zhizu said as he put down his pen and lit a cigarette casually.

"It's the beginning?" Hu Guangyong was stunned, "The previous ones were all temptations?"

"It can't be said to be a test." Yi Zhizu said slowly: "Band operation has already made a profit of a band. The reason why you feel that this wave of market will not end is because there is no crazy situation in this wave of market."

After hearing this, Hu Guangyong suddenly realized that something was wrong but he couldn't say it. The reason was that this wave of market was too stable, stable, and too flat! He couldn't help but smile: "The shopkeeper can really wake up the dreamer with one word. In this way, a crazy upward trend will be followed?"

"No surprise, it should be like this." Yi Zhizu knocked the ashes, "The previous band can be said to be a preheating, attracting everyone to pay attention to the gold price, and the next is the highlight."

Hu Guangyong said excitedly: "It's a low price right now, so you can eat a lot of it."

"Eat a lot?" Yi Zhizu glanced at him and asked: "The price of gold has increased too much. Will the federal government sell gold to intervene?"

"It will definitely intervene." Hu Guangyong said without hesitation: "The federal government will never allow chaebols to control gold prices, which will seriously affect the country's import and export trade. At the same time, it will also be a fatal blow to green banknotes. The stable fluctuations in New York's gold prices have been in a reasonable range over the years. It should be that the federal government is secretly regulating."

"Once the federal government intervenes, the gold price will inevitably plummet. The quantity is too large and it is difficult to close the position in time." Yi Zhizu said slowly: "Besides, we are not manipulating this wave of gold prices. We are just taking the ride, and there is no need to overwhelm the main players."

After a pause, his tone sank, "Remember, the main purpose of our involvement in New York gold speculation this time is to attack the capital market on Wall Street. Making money is secondary..."

Isn’t this a contradiction? Hu Guangyong frowned. How can he hit Wall Street’s capital market heavily if he doesn’t make money? Only when he makes ruthlessly, the more he will hit Wall Street.

New York, Yuanqi Bank New York Branch, Manager's Office.

Bian Dawei, who was in his early forties, put down the telegram in his hand and said loudly to the outside world: "Please ask Manager Feng to come." As he said that, he stood up and walked slowly in the room with his hands on his back. The telegram was sent by Hu Guangyong, and he ate a lot of gold.

He was a little confused. The gold price has fallen to a low level and is very stable. The gold trading market is generally not optimistic about gold prices and has no speculative value at all. Is this going to make a fuss?

Feng Zhigao, who was 35 or 36, pushed the door and said, "What are the instructions of the shopkeeper Bian?"

"Telecommunication." Bian Dawei pointed to the public desk, then walked to the sofa and sat down. After waiting for the other party to read the telegram, he said, "What do you think?"

"Combined with the fact that all branches in the US were ordered to stop lending and actively collect loans a few months ago, there will inevitably be a major change in the gold trading market." Feng Zhi said calmly: "The shopkeeper is a god, and Deputy Minister Hu is not simple, so he will not make any mistakes in judgment."

"But they are thousands of miles away." Bian Dawei said in a deep voice: "The federal government cannot allow the gold market to get out of control."

"The current gold price is at a low level, and the risk is extremely small." Feng Zhigao said carefully: "I will seize the opportunity to eat first, and the shopkeeper Bian called back to persuade him. How about it?"

"Okay." Bian Dawei nodded.

The gold trading hall of the New York Gold Exchange is next to the stock exchange. It is a smoke-filled hall filled with sweat and alcohol. It is the most risky trading hall recognized by all investors on Wall Street. Some people call it the "intersection to heaven" and some people call it the "passway to hell". There are too many people who get rich overnight or are penniless here.

Feng Zhigao is not unfamiliar with this place. In recent months, he has been here almost every day. As the gold price falls, the hall, which was still crowded a few days ago, seemed a bit deserted at this time. However, the gold trading bank, as a clearing institution, is still very lively.

With the end of the Civil War, grain had replaced cotton and became the largest export commodity in the United States. Most merchants purchased grain from farmers on credit, then exported it abroad by sea, and then paid the sales money recovered from overseas to farmers. This credit model of grain export trade has rapidly expanded the scale of grain export trade and increased the profits of grain trade, and also prompted the scale of gold exchanges to continue to expand.

The US dollar is not a legal currency overseas, and international trade settlement is still settled in gold. Grain merchants must convert the gold recovered from overseas into US dollars and then pay it to farmers. This makes gold exchanges crowded and lively when the trade peak season comes.

The emergence of gold trading banks has further expanded the scale and efficiency of gold trading, and also provided great convenience for speculation in the gold trading market. The amazing gold speculative trading rules of high leverage of 1:100 to 1:5000 have completely turned the gold trading hall into the crazyest place on Wall Street.

Feng Zhigao has a deep understanding of this kind of gold speculative trading rule that makes people love and hate. This is an obsessed and unstoppable trading rule, especially for the adventurous Americans, as long as they try it, people will fall in love with him.

After walking around and returning to the brokerage firm secretly controlled by Yuanqi's New York Branch, Feng Zhigao ordered: "Build a position, price below 132 is OK, and the difference between eating is too ugly."

“Short selling?”

“Buy more!”

Shanghai, Zhennan Wangfu, Changle Bookstore.

Hu Guangyong hurried into the room with two telegrams. After seeing the gift, he said, "Big shopkeeper, the gold price in New York has been falling for five consecutive days. It is currently 131.23. There are signs of steady recovery. He has already earned a gold contract of 13 million. Follow your instructions, he adopts a leverage ratio of 1 to 100."

Yi Zhizu nodded and said, "Build a position slowly and don't attract attention. After all, we are taking a ride-sharing ride."

Before he finished speaking, Lin Meilian reported at the door: "The shopkeeper, Ren An is looking for a meeting outside."

"Let him come in." Yi Zhizu ordered casually. Seeing Hu Guangyong get up, he pressed his press and said, "It's okay, there should be news from the United States."

Soon, Ren An walked in with brisk steps and saluted: "The shopkeeper, according to the investigation, is a businessman named Jay Gould trying to manipulate the price of gold in New York. This is his information."

"Jay Gould?" Yi Zhizu's lips curled up, and it was this guy again! He is not unfamiliar with this guy who has the nickname of "robber capitalist". This guy has won the most fierce railway equity battle in Wall Street's history, and is unscrupulously integrating the American Railway. He didn't expect that he still had time to speculate on gold, and he was not idle for a moment.

Hu Guangyong heard about the infamous Jay Gould, and immediately pondered: "If it were Gould, there must be senior federal government officials behind this."

Ren Andau: "In recent months, Gould has often appeared with American President Grant, and has had close contacts with President Grant's brother-in-law."

It seems that it is definitely this guy. Yi Zhizu nodded slightly and said, "Be careful, don't disturb him."

As September began, New York gold prices stabilized and rebounded, and Jay Gould also surfaced, and it could be said that he was buying gold in a crazy way. At the same time, there were countless rumors on Wall Street, all of which were rumors that Gould had close relationships with some senior officials and political leaders.

In just a few days, the gold price rebounded strongly and quickly rebounded to 138. Such an abnormal market caused a sensation on Wall Street. Many people followed the trend and many people firmly shorted. They did not believe that Gould could manipulate the gold price. For a moment, they were determined to compete with each other. The bulls and shorts were fierce, and the gold price fluctuated abnormally violently.

American media quickly got involved. The New York Tribune criticized Gould for his rhetoric and accused Gould of sniping gold prices as a huge conspiracy. Comparing Gould to a "golden borer". Other newspapers were not willing to fall behind. For a time, various negative reports were overwhelming.

Seeing that the situation was not good, Feng Zhigao couldn't help but feel a little panicked and quickly generated electricity to explain the situation and asked to sell all the gold. After all, the price of their position was low, so if they sell at this time, they could still make a big profit.

After receiving the telegram, Hu Guangyong did not dare to delay and quickly rushed to see Yi Zhizu. This situation was obviously beyond their expectations. "Big shopkeeper, this is already anger from the public, so he will stop when he sees it."

Yi Zhizu glanced at him and said, "When did you see me and I will stop when I see it? The price falls, and continue to eat, don't be too obvious."

If you don’t throw it away, you still have to continue to eat it? Hu Guangyong didn’t know what to say for a while, and then said for a while: “Those senior officials and political officials in the federal government dared to take the blame for the world and protect Gould?”

"It shouldn't be afraid." Yi Zhengxing smiled and said, "However, Gould is not a role that easily gives up when faced with setbacks. This can be seen from his performance in the battle for the Erie Railway. Believe in him and my judgment. If you are worried, I will make a private payment."

Yi Zhizu used private money, which time did not make a fortune, but this time the situation was really special. Hu Guangyong hesitated for a while before tentatively saying: "Can you take up half of it?"

"Of course." Yi Zhizu said without hesitation: "No matter how many, just transfer it from the general account."

After the Civil War, the price of gold in the United States has never fluctuated so violently. The New York Gold Exchange is performing comedy of getting rich overnight and the tragedy of losing everything every day.

Under strong public pressure and under the firm short selling of short sellers, the gold price in New York gradually fell, 137, 136, and 135.

Gould did not disappoint Yi Shizu. In such an unfavorable form, he spread rumors everywhere, making people believe that Washington's senior officials and political leaders were involved in this gold speculation, and the federal government's victory made people easily believe these rumors.

More importantly, Gould successfully convinced his old friend Fisk, who used the facts to convince Fisk that the president's wife and brother-in-law were involved in the gold transaction.

As Fisk, who had strong funds, entered the gold trading hall with his brokerage team with high profile, the gold price rebounded quickly. Seeing this situation, countless investors and brokers on Wall Street followed suit, and the gold trading hall was overcrowded for a while, and the gold price rose steadily, and soon stood at the price of 137 again.

The whole of Wall Street could hear the craze coming from the gold trading hall, "Gold! Gold!"

It’s not just gold exchanges that are crazy, but also Wall Street banks are crazy because of gold, and people coming to handle loan business are crowded with bank lobbies.

While all the banks were extremely busy, Yuanqi's New York branch closed its account. The shopkeeper Bian Dawei stood on the balcony of the office on the third floor and watched coldly as he was already in a crazy Wall Street. He was now convinced that Wall Street was not far from the day of collapse.

Shanghai, Zhennan Wangfu, Changle Bookstore.

After reading the telegram, Yi Zhizu asked suddenly: "What day is the week today?"

What day of the week? Hu Guangyong was stunned. Although Shanghai had already introduced the weekly system, many people were still not used to it. After hesitating, he said: "Today is Monday."

It was only Monday, and there were still a few more days of crazy days. Yi Zhizu nodded slowly. The famous "Black Friday" in American history saved him a lot of trouble and did not need to pay attention to the gold price at all times. However, it is only 137.5 now, and I don’t know how high it will eventually rise.

After pondering for a while, he spoke, "How much have you eaten now?"

Hu Guangyong hurriedly said, "More than 48 million, less than 50 million."

Yi Zhizu said slowly: "Sell, start selling tomorrow, sell slowly, don't suppress the gold price, you must sell it within two days."

"It must be sold out within two days?" Hu Guangyong looked at him with a look of surprise. He even doubted whether he had heard it wrong. "The big shopkeeper, it is the craziest time for the upward trend, and it is not a high level. It may increase a few dollars in one day!"
Chapter completed!
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