Easy Tycoon

Chapter 225 The Crazy Gold Price

According to the normal operation method, Yang Jing should first operate with a lower leverage ratio, and at the same time keep a reserve fund of at least 1000 million US dollars in his hand, so that he can cover his position in time in case the gold price fluctuates.If there is no funds in hand and the position cannot be covered, the position will be forcibly liquidated immediately, and eventually all losses will be lost.

But how could Yang Jing, who was familiar with the performance of gold prices for more than a month, miss such a great opportunity, so under his tough attitude, Cesar Cook had no choice but to follow Yang Jing's orders.

Even so, Cesar was still uneasy. If something went wrong, Cesar couldn't care about Yang Jing jumping off the building, and he didn't want to care about it, but this time they really ran for nothing.
To the surprise of Cesar and his team members, the price of gold has been going up all the way since the opening of the market, and after the end of the gold pricing at 10:30, the price of gold is still going up!

The selling of gold reserves by the central banks of various countries did not stabilize the price of gold, but instead aroused the madness of the bulls. Until the market closed at 11:30 noon, the price of gold stood firmly at the high point of 543 US dollars per ounce .

During this period, the price indicator line of London Gold, not to mention falling, did not even have a slight fluctuation. It was just a straight line slanting upwards, stretching from 512 to 543, straight like an airplane in the sky.
If Yang Jing ordered the liquidation of the gold in his hands at this time, based on the profit of 25 US dollars per ounce, then in just two hours, Yang Jing had already made a net profit of 1.3 million US dollars!
But at this time, Yang Jing obviously won't sell the gold. It's only a little bit higher today, which is still far from Yang Jing's expected goal!
It’s not that I don’t know, but I’m shocked when I do the math!This result made Cesar Cook and his team members unable to recover for a whole noon. They looked at Yang Jing as if they saw a ghost!
The price of gold in the afternoon did not fluctuate much, and it rose a little when the market closed. Finally, after the market closed, the price of gold stood firmly above the high point of 548 US dollars per ounce.

Even at this price, there is a net profit of more than 30 US dollars per ounce, and the profit of four hours a day is more than 1.5 million US dollars!
Seeing that the market was closed, Yang Jing said with a smile: "Let Mr. Ale prepare a big meal tonight, we can celebrate first." After saying this, Yang Jing walked towards her room calmly .

And Cesar Cook and his team members were shocked and regretful when they saw Mr. Smith leaving so gracefully.

Today's gold price trend undoubtedly had a strong impact on the five of them, especially Cesar, who has worked hard in the international gold market for more than ten years, but he has never seen such a strange but accurate of the operation.Don't say you saw it, even if you heard it, you haven't heard of it.

Full position, the highest ratio, and in the case of earnings as high as 30 US dollars / ounce, still unmoved, still insist on full position.

"Damn! What is he doing?" Several people looked at each other, and they all found the shock in each other's eyes.

Compared to such a sharp operation and such a calm attitude, Cesar Cook and the others are more regretful.

Because of Mr. Smith's permission, Cesar Cook discussed with the team members last night, and each invested $30 a piece.However, their money is limited, and they are all hard-earned, so they are still very careful about their own funds.

It turned out that this caution didn’t matter. Not only did they not use the highest leverage ratio to build a position at the lowest price, but they also watched the price of gold rise all the way. A day's profit is only $1/oz.

They are far behind that bold and ruthless Mr. Smith.

The blond boy Hank Cross said in a low voice: "Boss, why don't we clear the warehouse tomorrow, and then build a full warehouse like this Mr. Smith?"

The beautiful freckled girl Emily Ballmer also said: "Boss, I think Hank's proposal is good. I think Mr. Smith is absolutely confident that he will do this. The ghost knows if he got some inside information." News? I think as long as we follow him, we will gain a lot this time."

Cesar Cook didn't speak, but looked at Albert who was full of beards.

Albert, with whiskers and black-rimmed glasses, shrugged his shoulders and said, "Boss, don't look at me, we all listen to you. But what I want to say is that today we witnessed a miraculous event with our own eyes. Happened. Under the orders of Mr. Smith, we also became the creators of this miracle. God, the principal of 700 million US dollars, the full position, the highest leverage ratio, and then profit in just four hours $1.5 million, with a net yield of 555%! Boss, I really can’t think of a reason why we shouldn’t follow in Mr. Smith’s footsteps! I don’t think we can pass up this opportunity.”

The last ordinary-looking young man also nodded and said: "Boss, I mean the same thing. Mr. Smith dares to spend 700 million US dollars to do this, even if each of us only spends [-] US dollars to follow Mr. Smith's actions, Even if we are forced out, we are not in danger. Besides, according to my instinct, I don't think we will screw up this time."

Hearing the four subordinates say this, Cesar Cook pondered for a long time, then gritted his molars and said: "Okay, since you all agree to do this, then we will clear the warehouse tomorrow, and then each of us Invest another $[-] and use the highest ratio to build a full position.”

Hearing what Cesar said, several team members clapped each other excitedly, as if they had made a lot of money tomorrow.

It's no wonder they are like this now. From the disbelief at the beginning to the complete conviction today, Mr. Smith only spent four hours of trading time.

And Cesar and the others also personally operated this miraculous operation, and the net rate of return was as high as 5.00% a day, which was something they didn't even dare to think about before.

Although their return on the international gold market last year was as high as 280%, which is quite a proud achievement, but compared with Mr. Smith's means today, their return is not worth mentioning at all.

One took a year to make a profit of 280%, and the other made a profit of more than 500% in just four hours!How to compare?There is no comparison at all!

It's a pity that what Cesar and the others never imagined was that this was just the beginning of this Mr. Smith, and the real madness was yet to come.And when they fully saw the crazy methods of this Mr. Smith, the five of them regretted it again.

In the words of Cesar - if we had known that London Gold would be so crazy, we should have gone all out in the first place!As a result, because of our carelessness, we missed the best chance to become a billionaire.
The next day, that is, January 1980, 1, the price of gold in London skyrocketed like a rocket. When the market closed in the afternoon, the closing price stood firmly at the high point of 3 US dollars per ounce. , the international gold price skyrocketed by $634 per ounce!In two days and eight hours of trading time, the net profit per ounce of London gold purchased by Yang Jing was as high as US$86 per ounce!

Although the five of Cesar and the others each spent $1 to open a position with a leverage ratio of 100:5000, the controllable funds of only $598 million did not allow them to buy much London gold at all.And because of today's crazy rise in international gold prices, Cesar and the others were a little caught off guard. In the end, their cost of opening a position was as high as $80/oz, which was $[-]/oz more than Mr. Smith's cost of opening a position.
However, the profit of as much as 36 US dollars per ounce also made Cesar and the others smile.They controlled 5000 million US dollars of funds and filled 80 lots of London gold, which is 8000 ounces, and their net profit in a day was close to 30 US dollars!
London gold broke out with unparalleled energy in the first two trading days of the new year, and the huge bull power made the price of gold skyrocket.

During the ten or so trading days of serving, although the price of gold fluctuated slightly, it did not affect Yang Jing and Cesar.

What makes them even more happy is that in the face of this crazy surge in gold prices, the market intelligence of the governors of the world's largest central banks and financial leaders is undoubtedly exposed, because before that, in order to stabilize the international gold price, the major central banks have all In the desperate selling of gold reserves, the U.S. Treasury has auctioned off a total of 6% of the Fed's gold reserves.

And now, in the face of such a strong gold bull market, they are talking about restoring gold's traditional role in the monetary system.A typical example is U.S. Treasury Secretary Miller. On January 1980, 1, this guy actually announced that the U.S. Treasury Department would no longer use the method of reducing gold reserves to stabilize the price of gold. As a result, this declaration was announced less than half an hour ago. The international gold price soared upwards by US$16/oz, directly broke through US$30/oz, and stood firmly at the high point of US$700/oz at the close!

On the next day, that is, on January 1, the international gold price directly broke through 18 US dollars per ounce; then, after the London gold market was closed for two days on Saturday and Sunday, after the opening of the market on January 800, the price of gold rose. It has been rising all the way, quickly approaching the historical high of 1 US dollars / ounce!
By this time, the profit per ounce of Yang Jing's 5 lots of London gold had reached nearly 300 US dollars, while the profit per ounce of the 210 lots of London gold in Cesar's hands had also reached More than [-] dollars.

In just 20 days, only Cesar and the others made a profit of up to 170 million US dollars!
Whether it was Cesar or his four team members, they all admired the mysterious Mr. Smith. While they were enjoying huge profits, they were also deeply annoyed.

If I had been more courageous and invested even a little more before the market opened on January 1, I am afraid that the current profit would not exceed the 2 million.

Let’s take a step back, even if it’s the second time that everyone decides to build a full position, even if each person contributes 20 US dollars, then now one person can get 58 US dollars!

And as a team that has worked hard in the London international market for five or six years and made a profit of 280% last year, the five of them still have some money in their hands.

I dare not say that one person can come up with 100 million U.S. dollars, but it is absolutely no problem for one person to come up with 50 U.S. dollars.

If they each put up $1 on January 3rd
But now they are regretting that there is nothing they can do.After more than 20 days of crazy rise, even Cesar and the others already had a little fear in their hearts at this time.

Seeing that the international gold price rose from US$512/oz to close to US$20/oz in just 850 days, to be honest, Cesar and the others felt that something was wrong.

At present, the international gold price is involved in too many aspects. Besides, the international gold price is so strong that the US dollar, which has been strong, will immediately wither. Will the Americans sit back and watch their own currency shrink more and more?

Just when the international gold price was crazily breaking through to a high of 850, the mysterious Mr. Smith said: "Mr. Cook, the price of 833 US dollars per ounce began to be liquidated this morning! All the London gold in our hands must be sold this morning." Clear all positions before the market closes!"

For more than 20 days, the mysterious Mr. Smith seldom spoke, but now he suddenly spoke. Cesar and his team members all breathed a sigh of relief.

"Could it be possible that someone big will come forward to end this crazy market?" Cesar not only remembered the process of arguing with Mr. Smith on New Year's Day.

"Unless a certain big man publicly stands up and announces the use of strong means to suppress the price of gold, it will be possible to dispel people's panic!"

This is what I said myself that day!

No matter what Cesar thought, under his command, the four team members under him, including himself, began to slowly clear the warehouse.

The order Yang Jing gave was a clearance price of US$833 per ounce. At this price, the value of the 5 lots of London gold in Yang Jing's hands has reached US$43.3 billion!
However, in the face of such a crazy market, in the face of a huge bull market, and in the face of a daily trading capital of more than 1.6 trillion U.S. dollars, these gold worth 43.3 billion U.S. dollars were swallowed up without a trace as soon as they were sold. In just a few minutes, all 5 lots of London Gold were cleared!

Of course, when operating Yang Jing's London gold, Cesar and the others did not forget to clear all their London gold.

Just when Cesar and the others had cleared all their warehouses and were happily preparing to calculate the gains of this investment, the mysterious Mr. Smith issued another order.

"Mr. Cook, please continue to use a leverage ratio of 842:1 to hold short positions at the price of 100 US dollars per ounce! This time, the operating funds for your positions are 1.38 million US dollars!"

"Short?" Cesar was taken aback by this order. Seeing that the price of gold was about to break through 850 US dollars per ounce, and the increase was still so sharp, he wanted to be short at this time
However, when he saw Mr. Smith's half-smile expression, Cesar's heart skipped a beat, and he immediately ordered to start selling short positions.
(End of this chapter)