Reborn Capital Tycoon

Chapter 194 Gold Bull Market

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Thinking of this, Chen Yi didn't hesitate any longer, picked up the phone on the table and made a call. He has always been a decisive person, and often he will act immediately when he thinks of something, and leave the result until the end.

In this big gold bull market, Chen Yi has no long-term plans, he only does short-term trading to ease the financial pressure.

Although the 1970s was a big bull market for gold, the increase in gold was only a few times in a few years, which was not enough. Even after decades, the price of gold rose to 1,780 US dollars ounces, and it still could not attract Chen's attention. Big boss attention.

From 100 ounces to 17,800 US dollars ounces, it only increased by less than 20 times in a few decades. This rate of return is acceptable to ordinary people, but it is a bit too insulting to Boss Chen.

As a person who has memories of the next few decades, instead of investing in industries with hundreds or thousands of times the return, you invest in gold with only a dozen times the return. This is no longer a question of being stupid, but It's because I ate too much mothballs.

He now invests in a stock or a store at will, and the future return is not comparable to gold.

Therefore, after Chen Yi solves the financial pressure this time, he probably won't pay attention to the gold market anymore. Compared with gold, investing in shops and becoming the King of Xiangjiang Shops is the right investment direction.

At this time, the number of shops accumulated in Chen Yi's hands has already exceeded the 1,000 mark. Most of these shops are located in the prime locations of the major commercial and prosperous districts in Xiangjiang, and there is a huge room for future appreciation.

With the shops he owns being exposed one after another, some good newspapers have given him the title of King of Xiangjiang Shops.

The words "Xiangjiang Shop King" are definitely the greatest affirmation for Boss Chen, and at the same time, he happily accepts this title.

After all, it has been his wish for a long time to be a charterer who can earn money while lying down.

"Boom..."

Soon, a knock on the door interrupted Boss Chen's thoughts.

Putting the big feet down from the table, Chen Yi looked at the door of the office and responded "Come in".

"Boss, is the plan about to start?" There was a bit of urgency in the visitor's tone, as if he couldn't wait.

The person who came was none other than Hong Shihui, the head of several traders who Chen Yi poached from HSBC before.

After resigning from HSBC, the few of them have been responsible for helping Chen Yi acquire the stocks of listed companies with great future development potential.

At the same time, the acquisition plan for Wharf and Golden Gate Construction is also in charge of several people from Hong Shihui.

The plan that Hong Shihui said was the acquisition plan for Wharf and Golden Gate Construction. Compared with the previous acquisitions of Kowloon Bus and HK Electric, the process was too easy, too easy, and there was no difficulty. Looking at it, it is particularly expected and excited to face Jardine Matheson, the head of the four major foreign firms.

Of course, the most important thing is that Hong Shihui and the others are suddenly free and have nothing to do. They have bought everything that should be acquired. The long-term and high-intensity work has gradually made them get used to it. Now that they are suddenly idle, everyone is a little unhappy. .

Seeing his appearance, Chen Yi beckoned him to sit on the sofa, "From your tone, you seem to be very busy recently?"

Hong Shihui said: "Recently, the workload has decreased all of a sudden, and everyone is not as energetic as before. As soon as I received a call from the boss, I was urged by those guys to come over and wait for the boss to order."

Hearing this, Chen Yi understood the thinking of Hong Shihui and others. It is worthy of encouragement to have employees who work hard like this.

"I originally wanted to give you a break, but since you don't want to, then keep busy." Halfway through the conversation, before Hong Shihui was happy for too long, Chen Yi continued: "However, the previous plan has been postponed for the time being."

"The plan is postponed?" Hong Shihui was taken aback when he heard the words, a little surprised and puzzled, but he was not in a hurry, but waited quietly for Boss Chen's next words.

"Yes, postponing." Chen Yi saw that he was not in a hurry and looked very steady, so he couldn't help but nodded in satisfaction, and said slowly: "Things have changed, I plan to postpone the plan for the time being, and wait for a while."

After Hong Shihui heard it, although he was a little disappointed, he didn't show it, let alone entangled. Instead, he looked at Boss Chen curiously and asked, "Then, boss, why did you ask me to come here this time?"

Chen Yi: "Recently, you should pay attention to the gold market, right?"

"Boss, what do you think?" Hearing Chen Yi mention the gold market, Hong Shihui regained his spirits. Since 1971, the price of gold has been continuously rising, which made many people pay special attention to the gold market.

Especially last year's oil crisis, the U.S. dollar fell continuously, which prompted the price of gold to soar, and now the price of gold has risen to an astonishing $100 ounce.

Now many people are optimistic about the gold market. After all, in order to cope with the fall of the dollar, European and American countries can only invest their money in gold as a hedge and reserve more gold to ensure that their currencies will not fall too much with the dollar.

However, now that the price of gold has risen so much, it is unknown whether it will continue to rise and how much it will rise.

It can be said that risks and opportunities coexist here.

"I have already had someone register an investment company (Global Investment Co., Ltd.). From now on, all investment fields under my umbrella will be managed by Global Investment Co., Ltd."

"And you, I plan to ask you to be the person in charge of the investment department under Global, and I will give you a week to prepare. At that time, I will remit the money to the company. You will still be in charge of this gold transaction."

"The amount involved in this transaction will be larger than last time, around 500 million, so you need to be cautious. Now that the price of gold has risen to one hundred dollars an ounce, this price is more in line with the current actual price of gold."

"However, everyone is optimistic about the gold market now, so the price of gold will inevitably continue to rise in the future. As for how much it will rise and how big the bubble will expand, it is hard to say.

I predict that this time the price of gold will reach its peak if it doubles again. With careful consideration, if the price of gold reaches about US$1670 an ounce, it will almost stop. "

"Continue to use leverage this time to increase the transaction amount, but don't have too much appetite. You can handle it yourself. My bottom line is to try not to exceed the multiple of our long oil last time..."

The last time Chen Yi was long on the oil market, he used five times the leverage. This amount was not too large in the huge oil market, so he easily got out and left.

This time in the gold market, he is also planning to make this calculation. The leverage should not be too large, and the amount involved should not be too large. This will reduce the attention of others and make it easier to get out.

You must know that after the price of gold breaks through 200 U.S. ounces, it will quickly fall back to the price of 100 U.S. ounces. With large leverage, it is easy to get trapped by yourself, so the gain outweighs the loss.

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