American Fortune Life
Chapter 851 The Game of Money·Money Never Sleeps (Part 3/9)
The feasibility of Alvetrie's proposal is undoubtedly very high, and the so-called spot gold is the reflection of the gold price in the market at that time, while the futures gold is the reflection of the future price of gold.
Futures also evolved from the spot. The spot transaction is the subject matter itself, while the futures transaction is a standardized contract. When the futures gold becomes a spot, it is delivery, and some costs will be incurred during the delivery process, such as transportation fees. Taxes, labor costs, etc., so the spot is a little more expensive than the futures.
Spot gold and futures gold affect each other, which mainly depends on the price difference and supply and demand. To put it simply, an ounce of gold costs 100 yuan on spot and 1,000 yuan a month later. Those who buy it will definitely want to buy spot gold, and those who sell it will definitely If you are willing to sell futures, the spot price will rise, and if some people buy and no one sells, the supply will exceed the demand, and the price will rise; while the futures price will fall, and the supply will exceed the demand, and the price will naturally fall.
The price of gold spot transactions is generally based on the gold price in the London market. The London market is divided into pricing transactions and quotation transactions. Gold prices in gold markets around the world refer to the pricing level of the London market and are determined according to market supply and demand conditions.
In this way, Andy London's subordinates suppressed the price of gold futures, and the price of spot gold would rise. At the same time, Andy used spot gold to hit the gold market in the United States. 172 tons of gold flooded into the market, and the market would be temporarily saturated. Supply and demand turn, then the future price of gold futures is expected to fall.
After all, there is so much gold in the market right now, and it’s so cheap, who the hell is going to buy spot gold that will be delivered in February 2008?
Of course, if Andy wants to affect the violent surge of the entire gold futures market, the power is still a little weak, but there is no problem with a short-term shock to generate some profit margins. This time, he will inevitably increase the leverage multiple by tens of billions. If the funds go down, even a difference of one dollar per ounce can increase Andy's worth by hundreds of millions of dollars.
Bardstone and Alvetrie started discussing the details, and then felt that this kind of brainstorming would inevitably limit the strength of the two of them, so Al stood up and walked out of the office to gather his men.
"Let's go, let's change places and go to the meeting room." Andy knew that to fight this part of the battle well, it must focus on the ingenuity of all the people and the cooperation of all the subordinates.
Andy took the suit from the hanger, put it on, and led Bardstone out of the office. What he saw were a few subordinates in shirts and ties who didn't know where they were going for a long time. scold.
"10 minutes, let all the bastards tidy up and come to the meeting room! Now!"
Seeing the somewhat embarrassed subordinates turn around and leave quickly, Andy walked up to Al and said with a smile: "Al, it's rare to see you get angry, what's wrong?"
Al blushed a little, looked a little excitedly at Bardstone who seemed to be aware of it, and said a little depressed: "These bastards... are going downstairs to the City of Liberty, Bard, those damned bastards under you Can you bastards calm down!"
"Ahem, I'll go down and have a look..." Bardstone naturally knew what the group of men under his command, who were like humanoid self-propelled cannons and full of hormones, were doing now, coughed a few times in embarrassment, Just wanted to turn around and go downstairs.
"Huh? Let's go down and have a look..."
"No, boss, I'll take care of it."
"Don't go."
Andy looked at the two subordinates who spoke to stop him at the same time, and immediately realized something, he couldn't help shaking his head and said with a smile: "Forget it, let's wait in the conference room."
Bardstone immediately turned and went downstairs, looking angrily at the already smoky office hall, champagne, smog, various perfume smells, bikini beauties walking around, all kinds of wanton laughs, and women's screams. . .
"These bastards!"
Bardstone saw that the people from Gaia Company began to pull away some sane guys, so he could only push away some beautiful snakes wrapped around him, and found a woman who was burying his mouth in the belly and drinking.
side up pouring champagne.
"Okay, find out the guy who is still awake, I have something to do, I will give you 10 minutes, and gather in the meeting room upstairs..."
The deputy with the shirt placket open, saw that it was his immediate superior, and when he heard that the big boss was going to have a meeting, he immediately put down the champagne, shoved away the head of the woman under the table with some embarrassment, and began to straighten his pants and shirt.
Bardstone has long understood the nonsense of these bastards. After all, this year, the entire Wall Street knows how crazy these new young people are, making money like crazy, and playing even crazier.
In the conference room, Andy was swinging leisurely on the boss's chair, and said to Al with a smile: "This group of guys often mess around like this?"
"They usually hold parties in a speakeasy in an art gallery not far away. That's their gathering point." Al didn't care too much. After all, this is Wall Street culture. If you want to gain a foothold in such a bloody environment, don't think too much about it. Under the unbearable psychological pressure and competition, every ambitious guy with financial dreams will try his best to indulge himself and ease the tension.
"Hehe, money never sleeps! I like this place..." Andy reached out and patted the table, stood up, walked to the floor-to-ceiling windows, put his hands on the floor-to-ceiling glass, and looked down at the festive but slightly desolate Wall Street.
At this moment, the door of the meeting room was pushed open, and each of them was slightly embarrassed, and the financial elites with bright big backs and slightly wet heads quickly found their seats and sat down with their folders. With a shirt tucked around his waist, he ran into the meeting room quickly, showing no shame or embarrassment at all, but raised eyebrows at familiar people and communicated silently.
Andy didn't look back at his subordinates, but still looked at the somewhat gloomy scenery outside the window. After the whole meeting room became quiet, Andy turned around and looked around at the subordinates who had focused on him for a week, and walked to the main building. Sitting down on the seat, he said to Al: "You can arrange it."
"The first group is responsible for contacting the Bank of America, we want to redeem the mortgaged gold.
The second group is to sort out and analyze the trend of gold futures in February next year and the parties currently participating in the funds. . .
The third group, wake up the people in London and tell them that we are going to fight a gold war and need their specific ammunition stock data. . .
The fourth group, cooperate well with the traders in Liberty City.
The negotiation team, contact Merrill Lynch and tell them that we are interested in the shares of Bloomberg in their hands. Contacting them, it is best to let them give up or suspend the announcement of the sale details of this asset. . . "
Andy listened to Alvetrie and began to introduce the results of the discussion between the three of them in the office to his subordinates. From the green eyes of each of them, he did not see timidity, but more excitement. All the guys are ambitious, and they all want to do something big on Wall Street and make themselves famous.
What's more, the young big boss sitting on the chief seat with a calm smile has just paid out 160 million dividends. The people in the think tank have already received the year-end dividend checks. A billionaire is definitely a generous boss. Of course, the premise is that he can bring him profits!
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