Reborn Capital Empire

Chapter 196 Gold Futures Speculation

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"Boss, are you looking for me?"

The next day, Qin Zhicheng came to Guo's Manor.

"How's it going with Stan Lee?"

After waving him to sit down and pouring him a glass of water, Guo Shouyun asked.

"After we promised to acquire the rights to Marvel, return the copyright of Spider-Man to Marvel, and invest 400 million US dollars to start shooting, his attitude has loosened. However, the price still insists on 860 million US dollars!"

Guo Shouyun nodded clearly. With the film and television copyright of "The Da Vinci Code" plus 10 million US dollars, Guo Shouyun has been planning to win Marvel after buying the copyright of Little Spider from Sony. After all, in the second decade of the 21st century, there is no film company more valuable than it.

"You can continue to talk about the acquisition of Marvel. When necessary, the offer can be raised."

"clear!"

"This is the documents of Arthur Andersen and WorldCom, you can take it back and have a look!" He took out two documents from the drawer and handed them to Qin Zhicheng.

After taking a brief look, Qin Zhicheng turned his inquiring eyes to Guo Shouyun and quietly waited for his next words.

"After reading it, you can help me check all the bonds issued by these two companies, including their ratings, and their share of ups and downs." Guo Shouyun explained.

"When do you want it?"

"Give it to me before the end of March!"

"Yes!"

Guo Shouyun patted him on the shoulder with a smile, opened the drawer and took out a bulging blue and white pot with a red cloth covering the size of a teapot.

"I know you like to drink Dahongpao. I bought it specially from Huaxia. Take it back and drink it."

"Hey, you are rich, I'm welcome!"

Qin Zhicheng, who already knew Guo Shouyun's character after getting along for a long time, took it over.

"You guy has never been polite to me." After a pause, "Come on, it's rare for you to come and accompany me to play tennis. You can relax after work!"

Qin Zhicheng also refused, nodded and followed.

…

Time flies like water, and in the blink of an eye, it's already March. Seeing that the major opportunity he planned was getting closer and closer, Guo Shouyun simply moved his family from Guo's Manor to Hanshan Courtyard.

Tuesday, March 2, 2001! Guo Shouyun ate breakfast early after running, and after tidying up, he brought Wendy to the innermost room on the far right of the second floor.

When he pushed the door and came in, there was a large electronic screen hanging on it, and the red and blue curves clearly displayed the gold spot and gold futures, including forward contracts, in all gold trading markets in New York, Chicago, London, Singapore, Tokyo, etc. In all price curve rooms, everyone stood up like a spring.

They all know that today is a big day.

"boss…!"

Looking at the pair of eyes full of excitement, anticipation, and tension, Guo Shouyun nodded, and his eyes slowly swept across everyone's faces, trying to keep calm, and suddenly smiled after a while: "Although today is very important, everyone should not be too much. Seriously, according to my requirements, just do your job well."

But unfortunately, his original plan to relieve the mental pressure of these employees failed without accident. Of course, this is also understandable. 5.2 billion U.S. dollars in gold futures full position, ten times leverage leveraged 52 billion U.S. dollars, holding 2 million gold futures contracts. If the price of gold drops by 100 basis points, Guo Shouyun will lose $200 million in his account. If the price of gold falls by $26, all of Guo Shouyun's gold futures investments will be cleared. Of course, high risk also contains huge returns.

Leveraged futures play a heartbeat. If you are not prepared to take risks, and you have prepared the system stop loss standard in advance, it is best not to touch it. Over the years, the risk probability of "one win, two draws and seven companionship" has never changed in the high-risk stock and futures markets. Unfortunately, no matter how severe the economic crisis is, there are still countless people who feel that they are one of ten people who make money. In fact, most people end up losing 70% of their money!

Closer to home, after entering the door, Guo Shouyun briefly looked at each display screen.

"Is it almost time?"

"In another 15 minutes, the London Gold Futures Exchange will open!" Zhang Shaoling nodded.

"Boss, sit down!"

The obedient Lord Wickrum moved Guo Shouyun a chair.

After nodding and sitting down, Guo Shouyun waved his hand, "Everyone sit down too!"

"How much did the price of gold drop yesterday?" Guo Shouyun looked back at the electronic display and asked.

"Fall down 427 basis points!" Zhang Shaoling said.

"So much?" Guo Shouyun couldn't help frowning.

"How much have we lost?"

“$754 million. But overall, our gold bulls haven’t lost anything!”

Guo Shouyun is of course clear about this. He invested in gold twice before. A long position of $500 million started on January 15th and continued until the end of the month, so what he got was the average price in the second half of January. That's $262.34 an ounce. The second $2.5 billion investment was on February 13, and the average price for the second half of February was $2.74 per ounce. The price of gold at the close of the London Gold Exchange on March 1 was $263.78 an ounce. So overall, Guo Shouyun's gold futures did not lose, and even maintained a profit of more than 900 million US dollars.

"Is there any particular reason for the fall in gold prices?"

"It's just a fine-tuning of the market. If there is any reason, it may have something to do with the decline in demand in the East!"

Guo Shouyun suddenly realized that February is the Chinese New Year, and wealthy aunts like to buy some gold and jewelry during the New Year. Therefore, the off-peak seasons of big gold-demanding countries such as China and India will also have a certain impact on the international gold price. The news of "Huaxia Auntie's victory over Wall Street investment bank" has been repeatedly mentioned many times.

"Boss, the gold price in the London morning market is out!"

The words of the trader Huang Xiaoping instantly attracted the attention of Guo Shouyun and Zhang Shaoling.

"How many?"

Guo Shouyun took two steps forward and said urgently.

“$263.52, down 26 basis points from yesterday!”

"It fell!" Guo Shouyun was a little excited in his heart, because it has fallen a lot now, and when the financial crisis in Argentina breaks out, it will rise even more fiercely.

"Boss, do you want to increase the position?" Zhang Shaoling said.

"add!"

Guo Shouyun nodded vigorously. Counting Amazon's equity loans, the third batch of AS securities, and the previous position margin, he currently has $2.2 billion in his hands.

"$800 million, split into 24 different time periods, traded in London, New York, and Hong Kong."

There are five major gold trading markets in the world, namely Zurich, London, New York, Hong Kong and Tokyo. Because the time zone corresponding to each trading market is different. Therefore, by convention, the trading hours of major gold markets around the world are based on London time, resulting in non-stop gold trading in London, New York, Chicago and Hong Kong.

In general, London's daily morning pricing at 10:30 am kicks off the North American gold market. New York, Chicago, etc. opened successively. When London set the price in the afternoon, New York and other places were still trading. At this time, Hong Kong also began to trade. The last market in London affects the morning market price in the United States, the last market in the United States will affect the opening price in Hong Kong, and the last market in Hong Kong and the closing price in the United States will affect the opening price in London. market place.

However, most of the gold invested by Guo Shouyun is gold futures rather than spot. So his main trading markets are New York and Chicago, which are the world's largest gold futures markets. As the world's largest gold market, London mainly trades spot gold. Of course there are futures, but not as much as New York and Chicago. But the price of gold in London affects spot gold and futures gold prices around the world.

Guo Shouyun gave an order, and everyone got busy. Traders put funds into Thunder Fund’s trading accounts in the world’s five largest gold markets, and analysts began to look for every factor that might have an impact on gold prices from the high-priced data provided by those cooperative intelligence companies: such as dollar trends, oil prices, Gold supply and demand, and geopolitics, etc.

Although these are not enough to change Guo Shouyun's decision, it is something he cannot help but understand. And he's waiting for the day when analysts hand him information on Argentina's debt default.

On March 2, the international gold price fluctuated by 27 basis points. On March 3, Guo Shouyun once again bought $8 billion in gold longs from the gold market, and on March 3, gold fell by 17 basis points. On March 4, Guo Shouyun invested all the funds in his hand, which means that he has all the positions from now on. On March 4, gold fell by 21 basis points.

In three days, gold fell by 65 basis points. The continuous decline caused continuous loss of money in Guo Shouyun's account, but fortunately, the previously profitable funds were able to support it and did not harm his principal.

"Boss, at 11 o'clock, the price of Chicago gold futures fluctuated by 2 basis points."

"oss, at 11:30, the price of gold futures in New York fell by 1 basis point."

Quoting every half an hour, Guo Shouyun, who was sitting on the chair with his arms folded, frowned more and more tightly. His sharp eyes stared at the green price curve in front of him, and his anxiety was slowly accumulating.

"Shaoling~www.wuxiaspot.com~Is there any news from Argentina?"

"No! There is no new information from Alfonso. There is no news of a debt default on the 57 major financial media in Argentina." After a pause, a hint of hesitation appeared on Zhang Shaoling's face.

"What's wrong?"

"Just half an hour ago, Argentina's finance minister, Mario Kempas, made a televised speech announcing that they would repay investors' debts on time."

Guo Shouyun's face changed, and his brows furrowed instantly.

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