My 1979
Chapter 180 Bank (2)
"Li Sheng, if you are speculating in gold futures, there is no need to withdraw funds at all. Our bank has this business, and there is no need for you to go to the futures exchange and gold account. If you want to know more, I can give you You give a detailed introduction and provide you with good traders and advice for free. We are very professional here and will definitely meet your needs." After saying that, he stood up again and made a cup of coffee for Li He, then sat down and continued. , "However, we are not optimistic about the long market of gold at present. We have other better financial products, which have stable value preservation and high returns, which are much better than gold."
Li He took the coffee and gave it to Yu Dehua without even looking at it. It was very painful and he was not used to drinking it. Su Ming didn't even need to ask, and said directly to the foreman, "Who told you I would do this?" too much?".
"Do you want to go short? The price of gold is still fluctuating during the day. Going long or short is not a wise choice," the foreman said in surprise.
"This is my decision and will not change. You just need to help me open a good account and provide an obedient trader. I will be responsible for my own profits and losses." Li He's attitude was very firm and non-negotiable.
Seeing that Li He was so stubborn, the foreman said nothing else and asked, "Does Mr. Li need financing? We can provide a financing ratio of up to 100 times."
"Then there is a one percentage point fluctuation, and I lose a dime?" Li He was even more disdainful. It was a typical pig-killing technique.
100 times leverage, 2 million yuan of capital, enlarged to 200 million, if the price of gold even increased by 1%, Li He would be liquidated and lose a dime.
In this way, the bank's funds will not enter the futures market at all. As long as you bet against him, you will get two million in vain.
The foreman originally thought that he was an old hater somewhere, maybe because of hearsay somewhere, and he wanted to short gold, so he deceived him at will. However, he was choked by this and could only laugh and said, "Mr. Li has the right to choose, all of the above That's my suggestion."
Li He thought about it and realized that leverage still needs to be used, but the proportion used depends on the particular ratio. "I choose 15 times financing, please open an account for me."
With 15 times leverage, the capital was enlarged to 30 million Hong Kong dollars. When short selling, he bet that the short-term trend of gold prices in small bands would not increase by more than 7%. If it exceeded this increase, the bank would definitely force the liquidation of the position, and he would have nothing.
If the price of gold fell by nearly 40% as he remembered, he would have made a profit of 12 million.
With these 12 million, he can really do a lot of things.
It's really easy to calculate, but I still bet that I remember it correctly.
The so-called account opening is nothing more than writing dozens of signatures on a large pile of documents. Li He used the name "Li Er" and "ler". The foreman also tacitly understood that who could open an account with his real name would choose Swiss bank?
"Your surname is Huang, right? Manager Huang, according to my request, you must close your position when the gold price drops to 37%. If you have any news at that time, please inform Mr. Yu Dehua, and all the proceeds will be transferred to me in your bank. account." Once Li He returned home, he was effectively disconnected from Hong Kong. He expressed helplessness over the lack of information and could only comfort himself and take his time.
Manager Huang didn't know where Li He got his confidence. He pursed his lips, thinking that he would see you cry later, but he still smiled and said, "Don't worry, Mr. Li, we will strictly follow the agreement."
After leaving the bank gate, Yu Dehua couldn't help but ask, "Actually, I wanted to stop you just now. Do you know the risks involved? Many people have jumped off the building after speculating in stocks, not to mention you are a financing person. Futures are simply more vicious than the stock market.”
Su Ming also said, "Brother, that's really two million."
His heart was trembling, and he really discovered the gap between himself and Li He. With a stroke of his pen, the elder brother wiped out 2 million.
Li He said nonchalantly, "It's just two million. If we don't make it anymore, what's the big deal? Life is heroic. At worst, I have to start over again. I'm still young. What should I be afraid of?"
Yu Dehua then thought about it, yes, with his current earning power, it really wouldn't take long to earn back 2 million, so he agreed, "Yes, the worst case scenario is starting all over again."
But then he sighed again, when did he not even care about 2 million.
After getting in the car, Li He said, "Go back and sleep again. I didn't get a good rest last night, and now I'm yawning."
Yu Dehua said, "No, you finally came here, I have to take you around no matter what."
"I'm not interested. Take Mingzi out and show him around." Li He was really not interested.
Yu Dehua suddenly suggested, "How about I take you to Macau to try your luck?"
Li He thought about it and thought that he could go and see this. He had never been to Macau before. "This is fine. Let's have something to eat first, then rest for a while and then set off."
Li He didn't like gambling, he was just interested in people who gambled.
Everyone has weaknesses. Chinese people endure hardships, are willing to work hard, and can make and save money.
But the Chinese have a fatal weakness: they love gambling! I guess no one disagrees, right?
I remember Macau gambling king Stanley Ho once said a harsh word: The casino is not afraid that you will win, but it is afraid that you will not come! This is the best interpretation of Chinese people’s gambling nature.
From ancient times to the present, Chinese people have had various forms of gambling, such as cockfighting, mahjong, dice, cricket fighting, etc. that often appear in movies and TV dramas.
Since ancient times, China has emphasized that man can defeat nature. Princes, generals, and ministers have a certain kind of attitude. On the one hand, it depends on ability, and they also like to gamble on luck.
Therefore, the gambling nature of Chinese people is not only reflected at the gambling table, but also in life.
In modern times, since the arrival of foreigners, in addition to the national quintessence of mahjong, some foreign gambling methods have also been introduced in a large scale, such as poker and roulette.
To this day, the Chinese are known as the most gambling nation in the world.
There is a joke that 90% of the 1.4 billion Chinese people gamble, and 10% are dancing. Whether it is right or wrong, it is undeniable that China does have a unique "gambling culture."
In China, if you place a mahjong table anywhere, four people will soon be building the Great Wall leisurely; the mahjong room is known as an elderly activity room or a community chess and card room.
Besides, Chinese people are always gathering in any casino around the world.
Whether in Las Vegas in the United States or Genting in Malaysia; not to mention in Macau or the border areas of Myanmar, it is not difficult to find Chinese people who are addicted to gambling.
There is a popular saying in the gambling world: Asians are the best gamblers in all continents, and Chinese are the best gamblers in Asia. Chinese people like to gamble, and they can gamble with money or anything, and some even use their wives as gambling capital.
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