482. Lay hands for rain
The boss is really amazing, which is the only thought in many people's minds at this time.
Although everyone is experienced in the financial market, they have their own judgment on such situations. As before, the situation of gold prices soaring like before, everyone has already predicted it after the incident broke out, and everyone understands that governments of various countries will definitely not ignore the situation of gold prices soaring, and will definitely interfere.
However, no one is sure of when the governments of various countries will take action to rescue the market, because the economic environment around the world is very clear now, and it is a recession route and has not yet emerged from the haze of the impact of the 1998 financial crisis.
The economies of several major developed countries in the world, such as the United States, Japan, Germany, etc., were very sluggish during this period. Everyone seemed to rely on exports to stimulate domestic demand, and the best way to increase exports was actually to rely on the depreciation of their own currencies to strengthen the competitiveness of foreign trade.
But after all, when everyone promotes themselves, they like to claim that they are responsible countries. This behavior of devaluing their own currency casually can't be erased. At this time, the outbreak of 9/11 can be said to have provided a very good excuse for governments of various countries. It would be unreasonable not to take advantage of such opportunities to devaluate their own currency.
Therefore, everyone has their own judgment on the trend of international gold prices. What everyone predicts is that although governments of various countries do not like the surge in gold prices, they also hope to take this opportunity to depreciate their own currency, enhance exports, increase their products and their competitiveness around the world.
Therefore, in the eyes of many people, this kind of rise in gold prices will last for a long time. After all, these major industrial powers in the world have their own ulterior motives, and the central banks of various countries have such bureaucratic systems. It is definitely a fantasy to rely on their work efficiency.
Originally, everyone thought that even if governments in various countries would intervene in the surge in gold prices and interfere with the gold market, they would have to wait at least a week before the situation clears and stabilizes before they would take action.
But no one had expected that the governments of various countries would move so quickly this time, but in just a few days, they agreed and even took action to rescue the market and stabilize the gold price.
Governments of various countries took action at the same time, which is not a joke. As the heads of these major developed countries in the world made their own voices on various occasions, the gold price, which was originally rising wildly, turned around and turned down. The gold price, which was just as imposing as a rainbow, was as if they had taken laxatives.
The screen was originally full of green, but in the blink of an eye, they all turned red. The hot money who came to all over the world wanted to take advantage of the victory and make a big profit, but unexpectedly, they were hit by the blow as soon as they joined the battle group, and immediately many people became cautious and hesitant.
Li Yifan, who had already started to recover funds and shorted the money backhand, once again made a fortune this time. The gold price, which was just high, has fallen below the 289 US dollar price from 289 US dollars. And according to the current trend, it is very likely to fall below 288 US dollars.
Everyone present held their breath. At this time, everyone was staring at the screen attentively, wanting to see how much the price of gold could fall today.
After the initial panic, the market responded quickly. After all, the inertia of the multi-party parties is huge, especially those who chose to wait and see at the beginning and joined the battle later.
At this time, the news sent by governments in various countries is not good news for them. If the price of gold falls like this, it will be a big disaster for them. After all, they entered the market relatively late, and when they first took action, they were relatively definitely taking over at a high level.
If you are trapped here at this time, the loss will not be a matter of hundreds of millions, and you may lose hundreds of millions in a minute.
So of course they would not be willing to surrender. For the strong suppression of governments in various countries, they would of course choose a strong rebound.
And they are also very clear that the central bank leaders of governments in various countries actually made a gesture at the beginning. After all, there are not many central banks in various countries that are taking direct action now, so it is better to take advantage of this opportunity to take a gamble and stabilize the price so that it will not drop so quickly. And maybe things will turn around, and the price may be stringed online.
So at this time, the bulls and bears in the market started the most fierce competition today. In the morning, the bulls could be said to be full of momentum, and the bears retreated one after another. Many people who were originally short-selling even saw that the bulls were unstoppable, so they simply turned their guns and started to go long.
Now that the situation has changed, of course, there are still many people who choose to turn around and short!
The market situation is very stalemate, unlike the situation where gold prices rose all the way in the morning, the price decline is very slow, and almost every penny has to go through a fierce game.
Everyone present was attracted by this long-short battle. There were three computer screens in front of everyone, and long and short orders from all parties were constantly displayed on the computer screen. Almost all orders would be swept away as soon as they were posted.
At this time, major investment banks also made frequent big moves. Investment banks that were still long just now would sweep into many short orders in the blink of an eye. In a few seconds, they would turn their guns around, but they were all very close.
Although these traders all think that they are experienced in many battles, this is the first time they have met such a big scene, and many people feel that their blood is boiling.
Li Yifan was on a half-high platform behind these people. There were three computer screens in front of him, and the gold market was constantly rolling on it.
While paying attention to the price of gold, he also pays attention to the time. Now the price of gold in the market has dropped to 287 US dollars, and the game between the bulls and bears is still very fierce.
There is still one hour before the London market is closed. Li Yifan feels that the time is almost over and can't wait.
In his memory, the price trend of gold on that day rose first and then fell, and the price was fixed at 286 US dollars when the market was closed. The fluctuation of gold spot prices during this day was definitely rare in ten years. It would be very difficult to catch up with such a market in the gold market in the future.
Unless you are determined to make long-term investments, and you can persist in playing for ten years!
"Okay, guys, start shipping. Before the market is closed today, I need you to clear all the inventory in your hands!"
Li Yifan issued an order. This time the people below executed it very happily. Although many people were still confused about Li Yifan's instructions, no one dared to disobey. After all, they all saw the boss's power.
At this time, the boss said that the goods must be shipped, because no one knows what will happen next time.
Because of the general trend of gold price decline, the market demand for short orders is still relatively large at this time. Some investors were trapped because they were long and took over late before. At this time, they continued to short to recover their losses. Some were investment banks themselves, and they needed to control risks and needed orders on both long and short sides to hedge their own risks.
So although Li Yifan had short orders of about 300 million, these orders fell into the market without any splashes, and they were all digested by the investors who flocked to the market.
After a change of hand, another 100 million yuan of funds was recorded. Originally, 100 million yuan of funds entered the market, but after just ten days of hard work, the funds were quadrupled. Many people dare not imagine such efficiency. Of course, this is a blessing from this big market, but they can seize this opportunity keenly, and take action every time the price of gold reaches the critical point. Who dares to underestimate Li Yifan's ability to seize opportunities and say that he is lucky!?
"Okay, we won't make any big moves in the next few days. I'll give you a week off, but it's still the same rule. This week, you can only be here and not out. I'm sorry. But I believe everyone has seen it. After the action is over, your bonus will definitely not be small."
After the craziest day, many people have not been asleep for more than twenty hours at this time. Now when they hear that it is a seven-day holiday, everyone is very happy, but it is a bit regretful that they can't leave this floor, and even feel a little bored.
But when I think about the fact that after this operation is over, everyone is likely to become millionaires, the little discomfort in my heart disappeared. Indeed, compared with the green American knife, the stuffiness these days is nothing.
So everyone dispersed and went back to their own lattice to go to bed. Li Yifan breathed a sigh of relief at this time. Although he was very calm a few days ago, and he pretended to be incredible with a mysterious look of turning hands into clouds and turning hands into rain before, who knew that in fact, in his heart, his pressure was always very great!
Chapter completed!