Reborn as a tycoon in Hong Kong
Chapter 444 International gold price fluctuations
May Day is an international holiday and a holiday shared by working people all over the world.
On the second day after this festival, in the morning of Los Angeles time, a situation that had a major impact on Lin Baicheng occurred. He had already left the villa and returned to the villa at around nine o'clock.
Soon after, Vivien Kelly came to Lin Baicheng's villa in Beverly Hills.
"Chairman!"
"Come and sit!"
Lin Baicheng, who was sitting on the sofa in the living room, waved to Vivien Kelly who said hello.
Vivien Kelly sat down opposite Lin Baicheng.
After she sat down, Lin Baicheng immediately asked: "What's the situation now?"
Vivien Kelly replied: "When I came here, the price of gold was still fluctuating at the price of 250 US dollars per ounce. Now I have to ask to find out."
"Then give me a call and ask."
Lin Baicheng said that the reason why he came back shortly after leaving the villa and called Vivien Kelly over was because the international gold price had risen sharply in the morning.
The international gold price has been fluctuating for a long time recently, but in the morning, it suddenly rose sharply, breaking through the previous high and standing above 250 US dollars per ounce. Lin Baicheng has placed a large bet on long orders in international gold prices, so he will certainly be concerned about the violent fluctuations in gold prices.
Vivien Kelly hung up the phone after a while, and then said to Lin Baicheng: "Chairman, the price of gold is still fluctuating at the price of 250 US dollars per ounce, with breakthroughs and falls. The long and short competition is relatively intense, and the trading volume is constantly increasing. Enlarging."
Lin Baicheng nodded and asked, "How do you judge the market outlook?"
"We believe that there is a high probability that gold prices will rise, but the specific situation needs to be analyzed based on the trend of gold prices in the next one or two days. It is true that the gold price has risen sharply now. If the gold price is suppressed later or in the afternoon, it will rise higher. If it falls back, it is more likely that it will continue to fall.”
Vivien Kelly said out loud, don’t think that this possibility is impossible. This is how short sellers often lure bulls. In this case, if the price is raised by about $10 now, it will fall by $30 or even $30 when it falls. More.
Vivien Kelly seemed to be saying something but not saying anything, but Lin Baicheng knew very well that now that the gold price had just changed, they would definitely not be able to give him a more accurate judgment, otherwise they would be deceiving people, so he did not feel anything was wrong.
"Well, keep an eye on the changes in gold prices today and even tomorrow and the day after tomorrow. If you have any questions, you can contact me at any time."
Lin Baicheng said something, and then warned: "Remember this, without my authorization, no matter how much the gold price suddenly drops, you are not allowed to close long futures orders. It is up to me to decide whether to sell or not. No matter how much the loss is, it is up to me." My own business."
Vivien Kelly immediately nodded to express her understanding: "Chairman, don't worry, we will not carry out any illegal operations without authority."
"So best."
Lin Baicheng nodded. He knew very well that the price of gold would definitely rise sharply in the future. Therefore, even if there was a sudden sharp drop, it was likely that the bulls were digging holes to wash the market. He certainly could not be washed out, otherwise he would suffer a loss.
"Dingling bell~~~"
The villa's landline phone rang, and the housekeeper Dorchie Hall was standing nearby. After hearing the phone ringing, he walked over.
"Hello, this is Lin Zhai!"
"It's Mr. Smith. Are you looking for Mr. Smith? Mr. is here, please wait a moment."
Lin Baicheng heard the voice of Dorchi Hall holding the microphone, so before the other party called him, he stood up and walked over and took the microphone.
"Smith, what's the matter?"
"Alan, do you know that the international gold price has risen sharply?"
Phil Smith's excited voice rang on the phone. He followed up and went long on gold futures. The sharp rise in gold prices was a great joy to him.
"Of course I do."
Lin Baicheng smiled and said: "I have a long position in gold futures. I will pay attention to large fluctuations in gold prices. It is difficult not to know whether to know."
"I guessed that you would definitely pay attention."
Phil Smith was not surprised when he heard this. He said: "Alan, I am calling you just to ask you, do you have any opinions on the subsequent rise and fall of gold prices?"
Lin Baicheng listened and said: "Now the gold price has just risen sharply, and then during the shock, you ask me how the gold price will go in the future. How do I know that the trend of the gold price is not controlled by me."
"Of course I know that. I just want to hear Alan how you judge. It would be good to have a general direction." Phil Smith said.
"I still say the same thing. I am optimistic about the price of gold in the long term, and I am optimistic about it breaking through the price of $300 per ounce."
Lin Baicheng said something, and then said: "As for whether the gold price will rise or fall in the short term, I really can't judge. I can only say that no matter whether it rises or falls, I will not sell unless the gold price can be as I judge this time. If the price exceeds $300 per ounce, I will not close my long orders otherwise.”
Although Lin Baicheng didn't say much, what he said was quite interesting. He clearly told Phil Smith that he could continue to hold gold if the price was below $300 per ounce. If he listened, he would definitely make a fortune.
"Of course, this is my own judgment. You can't just listen to me. Ask your stockbroker what he says. If you listen to me and your investment loses money, then I don't care and I have no money to compensate you. "
The reason why he said this more is mainly because Lin Baicheng didn't want others to think that he knew that the price of gold would definitely rise sharply in the future. Anyway, he had already given the wealth password, and he didn't care whether the other party could grasp it.
"Don't worry, Allen. I'm sure your judgment is just a reference. If I choose to believe you and lose money, it's my own decision. It has nothing to do with you, and I will definitely not let you lose money."
Phil Smith expressed his understanding aloud. This was the same as before when he believed in Lin Baicheng's judgment that he had made money, but he did not share the money he earned with Lin Baicheng. Whether he made money or lost money was all his own choice.
"But Alan, if you have any operations, please notify me after you finish it."
"If I close my long order, I will definitely tell you. Anyway, it will have no impact on me at that time."
Lin Baicheng responded. As he said, if he really closed his long order at any time, he would definitely not mind informing Phil Smith. Anyway, his long order would have been sold by then, so he would notify Phil Smith. Selling long orders will not affect his interests.
"Thank you Alan, I will definitely express my gratitude to you after I make a lot of money."
Phil Smith once said that Westerners also understand the exchange of favors.
Lin Baicheng did not refuse when he heard this. After all, he had made a lot of money with Phil Smith, and he deserved the other party's thanks. There was no need to be polite.
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