Although I don't know what plan Yang Chen has to ensure the safety of his funds, as long as he says so, my aunt and cousin will believe it.
The three of them worked together to prepare a sumptuous lunch.
Yang Chen lit incense and set off firecrackers, and the three of them sat down to eat happily.
Li Xiaofei went to the basement wine room and got two bottles of auction-grade Romanee-Conti. The two bottles together cost more than three million.
However, Yang Chen didn't feel bad for drinking it for his aunt and cousin. Why would he keep so much money if he didn't spend it?
Li Xiaofei poured three glasses of wine and said, "Come on, let's go together."
Yang Chen and his aunt picked up the wine glasses with a smile, and the three of them clinked their glasses and took a sip.
"Eat, eat. Chenzi, how about trying the lion head today." Chen Yuyan said with a smile.
Yang Chen picked up a lion head and took a bite, and said with a smile: "Well, it's still delicious as always."
"Haha..." The three of them laughed heartily, and their laughter echoed throughout the entire island in the middle of the lake.
After lunch, the three of them quickly tidied up and then went to visit the graves of Yang Chen's parents.
At around four o'clock in the afternoon, Yang Chen was shopping with his aunt and cousin in the mall when Huang Hongsen called.
Huang Chaoxin has returned to Macao safely, and Huang Hongsen called specifically to thank Yang Chen.
Huang Hongsen: "Mr. Yang, I wish you a happy New Year. Haha..."
Yang Chen: "Thank you, I also wish you a happy new year. I wish you good health and a long life."
Huang Hongsen: "Haha... Thank you Mr. Yang for your blessing. Xinxin has returned safely. I will give you a call to thank you. I will also discuss with you the matter of those street boys. Please send someone to send them to Mr. Yang."
Zhucheng, I will arrange for someone to pick it up. Then, Mr. Yang, please don’t leak any news for the time being. I have already sent people to encircle and suppress the Daquan Gang. Okay?"
As the president of Macao City Entertainment Group, Huang Hongsen is like an emperor in Macao City. Dealing with the Big Circle Gang is not a problem, but he may have to pay some price.
After all, no one in the Big Circle Gang is a good person. They are all criminals or people who want to make money and get rich quickly. They are all people who live with their heads in their belts.
However, they have understood Huang Chaoxin's evil intentions and must deal with them no matter what the cost.
Of course, Yang Chen is willing to actively cooperate in fighting criminals.
"No problem, I will ask them to keep it secret. If Mr. Huang needs it, I can order Xingchen Defense Macao Branch to help you." Yang Chen replied with a smile.
Huang Hongsen: "Haha... Thank you Mr. Yang. This is great. If necessary, I will definitely contact Mr. Yang. By the way, I want to ask you some news, can gold still rise? Haha..."
Yang Chen: "Of course, this target remains unchanged until at least 2,300 meters gold/ounce."
Huang Hongsen: "OK! With Mr. Yang's words, I feel relieved. I can also rest assured to follow Mr. Yang's example and buy some gold to reserve. These are hard currencies, and other assets are virtual. Thank you, Mr. Yang, please do your work. Hang up.
Haha."
Yang Chen: "Yeah."
Fighting criminals is everyone's responsibility.
Yang Chen immediately sent a message to Qiu Tian, ordering him to remind all brothers who knew about this matter to keep their mouths shut and stop talking nonsense.
Not long after, the three of them arrived at the entrance of Longguo Gold Store.
The aunt and cousin wanted to buy some jewelry, so they took Yang Chen in to have a look.
Li Xiaofei: "Oh my god, the price of gold today is 450 per gram."
One ounce is equal to 31.1 grams. According to the exchange rate of 7.2, the price per ounce is 1980 meters of gold.
But now the gold price in futures markets such as New York is 1950 meters gold, which is 30 meters gold cheaper per ounce than Longguo's spot gold.
Obviously these gold factories in Longguo really don't look at futures prices and only set prices based on their own estimates of the market.
Chen Yuyan: "I should sell all the gold I bought before and earn the difference first."
While we were talking, the staff came to replace the price tag.
“Today’s gold price is 470 yuan/gram.”
Yang Chen was stunned and quickly asked: "Beauty, your price increase is too exaggerated, isn't it? You have already raised the price of gold to over 2,000 meters of gold per ounce. Can anyone still buy it?"
The waiter smiled and replied: "Of course, you see how the store avoids customers while they are shopping. This is an order from the headquarters. We only have to carry it out. Whether anyone buys it is not something we should worry about."
Profiteers, they took advantage of the herd mentality and trust in Yang Chen to make all the money they should earn in advance.
If you buy gold at this price, if the information lags behind in the future and you are slow to sell, you may be trapped by the high price.
Yang Chen understands the psychology of leeks very well. If they make money, they invest wisely. If they lose money, they will definitely blame Yang Chen for misleading them. Then there will definitely be people who take advantage of the situation and scold Yang Chen for harming them.
Yang Chen quickly contacted the person in charge of the gold reserve center and asked them to jointly issue an announcement with Xingchen Investment and Yang Chen, reminding everyone to invest carefully and not to buy blindly.
Half an hour later, Yangchenxingchen Investment and the National Gold Reserve Center jointly issued an announcement reminding everyone to treat the current gold craze correctly and invest rationally in the gold market. The market is risky and investment needs to be cautious.
However, their good intentions were not appreciated by everyone.
Check out the reviews from netizens.
"Boss Yang said it will rise to 2,300 meters of gold per ounce, and the price per gram is 530 yuan. There is still a lot of room for growth, so everyone should continue to buy."
"There is still a lot of room for the price to rise. Don't worry about it at this time. Stop when it reaches 500."
"Boss Yang has already shown us how to play. If you still don't know how to play, then don't invest in the future and just keep it in the bank."
"It is recommended that some novices should stop. The recycling price is cheaper than the gold price of the day. If you don't grasp this correctly, if the price is a little higher, you will definitely lose money if you buy again."
"Hey, who are you looking down on? The recycling price is 3%-5% cheaper. As long as it's less than 500, you can buy it. Just close your eyes and rush. Once it reaches 500, just take it easy."
This chapter is not finished yet, please click on the next page to continue reading the exciting content!...
My aunt was watching the Spring Festival Gala, and Yang Chen couldn't help but feel worried when he saw netizens' attitudes towards the "Joint Statement".
Maybe those major gold manufacturers will continue to fish in troubled waters and deliberately lead people to buy gold.
Once caught in this wave, I don’t know how long it will take to get out of the trap.
In order to prevent the people's hard-earned money from being trapped, Yang Chen decided to make a quick decision.
Yang Chen returned to the study and called Jin Ming.
Yang Chen: "Hey, Jin Ming, I want to inform everyone, get ready for work before nine o'clock. I won't sleep tonight and find an opportunity to close the position. I will let the African side take action now. There is only one chance."
Jin Ming: "Okay, I'll call them right away and get ready."
After hanging up the phone, Yang Chen called Qiu Yuhong again.
Yang Chen: "Dr. Qiu, you can take action."
Qiu Yuhong: "Okay. I'll notify them immediately."
After hanging up the phone, Yang Chen called Qiu Tian again.
Yang Chen: "Qiu Tian, inform Zhang Lijun that it's time to take action."
Qiu Tian: "Okay. I'll notify him right away."
After hanging up the phone, Yang Chen continued to call Tang Xia.
Yang Chen: "Xia Xia, you can take action."
Tang Xia: "Okay, I'll call them right away."
Then Yang Chen called the chairman of Jinling Mining and ordered him to act according to the plan.
After hanging up the phone, Yang Chen turned on the computer with confidence and waited for the foreign gold futures market to open.
Because the U.S. market suddenly dumped a large amount of gold, the spot price fell, which in turn caused the futures market to follow suit.
Therefore, after the New York gold futures market opened, the price of gold still fell a bit with inertia.
However, this downward trend did not last long, and the price of gold turned around and surged after a while.
In the past, the rise in gold prices was due to the long orders of Xingchen Investment, but now the rise in gold prices is due to international news.
At this time, a news message popped up in the trading software.
"Breaking news! Riots occurred in many gold mines in many Southeast Asian countries such as South Myanmar and Taiguo. The local gold mines of many companies including Tang Group, Jinling Mining, etc. were destroyed or occupied by local armed forces, and all production work was forced to do so.
stop."
"Riots occurred in many gold mines in South Africa, the largest gold producer. Workers went on collective strike and even bloody incidents occurred. Angry workers occupied many gold mines. Currently, the local area has entered a level 1 alert state. The embassy calls on dragons in South Africa to
Citizens of the country must pay attention to personal safety and are prohibited from going out unless otherwise necessary."
"Riots have broken out in South Africa, Congo, Zimbabwe and other African countries and regions. Currently, many mercenary groups including Wagner are fighting. It is temporarily impossible to tell who is the enemy and who is a friend, and we do not know why the current situation has occurred.
But one thing is certain, all forces are fighting around some gold mines."
"A serious production accident occurred in the largest gold mine in Canada, the world's major gold-producing country. The mine has collapsed. There is no news of casualties for the time being. However, the production of the mine cannot continue, and production cannot be resumed in a short time."
…
Watching the news one after another, Yang Chen happily lit a cigar, poured another glass of Romanee-Conti, and happily watched the price of gold soar.
"You are all chess pieces, and I am the chess player. Where the chess pieces fall depends entirely on my will."
Supported by this series of news, the price of gold successfully broke through 2000 meters gold per ounce, and then broke through the 2100 and 2200 marks in succession, and the upward trend continues unabated.
Yang Chen sent a message to Jin Ming.
"Sell above 2,200 to clear the position and break it into small orders. Don't use large orders."
When Jin Ming received the news, he immediately ordered the trader to sell a small order to clear the position.
At this time, the Goldman Sachs Group conference room was in chaos.
"We can no longer cover our positions. Clear our positions immediately and admit defeat."
"There are big problems in gold mines around the world. Gold production will be limited in a short period of time, and gold output will drop sharply. The price of gold will only rise or remain high, and it is impossible to fall."
"But we have covered too many positions in a row. If we clear the positions now and admit defeat, we will lose at least 20 billion meters of gold. Didn't the president say that as long as the positions are not cleared, the account will suffer a floating loss, and if the positions are cleared, it will be a real loss."
"Damn! Is your brain okay? Are you still losing money now? We have no money to cover our positions, and the price of gold is unlikely to fall in a short period of time. Even if we resist until the delivery day, it may not fall, so why should we continue to lose money?
How about more?"
…
Seeing the quarrel between the executives and analysts, President John sighed helplessly, then he knocked on the table and said: "Okay, stop arguing. I decided to close the position and leave the market, giving up shorting the Longguo gold market.
"
Everyone was arguing fiercely just now, but now the president has made a decision and everyone has accepted it calmly.
Therefore, Goldman Sachs Group quickly bought 900 tons of gold in the futures market to close their previous short orders and cover positions.
Most of the long orders purchased by Xingchen Investment were sold to Goldman Sachs, and all the money lost by Goldman Sachs went into the account of Xingchen Investment.
Subsequently, Goldman Sachs issued an announcement.
"Due to the current chaos in the international gold market, in order to protect the company's interests, our company has closed all gold short positions held and terminated the short-selling plan."
As soon as this announcement came out, the popularity of the international gold market once again pushed to a new climax.
At this time, the mentality of investors in the United States collapsed.
"Wang Defa! Goldman Sachs has admitted defeat? What should I do if they admit defeat like this? I have followed their short position and have mortgaged my house to cover my position. I have no extra money to continue covering my position. If the position rises another 5%, I will be forced to liquidate my position.
That’s it.”
"Isn't there news that the New York Gold Reserve Center has released a lot of spot gold? Why can the price of gold still rise like this? Doesn't that mean that the reserve center is suffering serious losses and cannot buy back so much gold for the time being?"
"I shouldn't believe that any Wall Street company can really defeat Yang Chen. Gold Tamar's price has gone crazy, and I actually went short with Goldman Sachs. Facker!"
…
At this time, Longguo's investors saw Goldman Sachs' surrender statement and came to the Weibo accounts of Yang Chen and Xingchen Investment to leave messages of blessing.
This chapter is not over yet, please click on the next page to continue reading! "Boss Yang is awesome, Goldman Sachs surrendered."
"Haha... The mighty Wall Street tycoons were actually defeated by the aunts of the Dragon Kingdom. They never thought that the aunts of the Dragon Kingdom would buy gold as cabbage."
"It made me laugh. Wall Street wanted to short us, but Boss Yang shorted us instead. They were unsuccessful in short selling, but Boss Yang did it accurately. I don't know if they didn't live up to their reputation, or if Boss Yang was too fierce."
"When I was in school, I watched American movies and financial news. When I heard about Wall Street, I thought they were very powerful. They could make money everywhere and harvest the wealth of other countries. Now look at it, Wall Street is nothing more than that. Boss Yang can take care of it all by himself.
They are gone."
At this time, the Nuyo International Gold Reserve Center was also in chaos.
Originally, they thought that the price of gold reaching 1,950 meters per ounce was already a sky-high price and would definitely fall in the future.
They sell a little bit first, and then buy it back when the price drops. This is equivalent to doing a T in stock trading. In the end, the total amount of gold will not change, but they make an arbitrage.
Anyway, the gold is sitting idle in the warehouse below, so it would be a good thing for them to make some extra money.
They never expected that the price of gold would soar in this way, which suddenly disrupted their plans. Everyone was trying to figure out how to solve this big trouble.
"Fake! Who would have thought that so many gold mines around the world would be in trouble at the same time? It is impossible for gold production to return to normal in a short time, and it will inevitably increase the international gold price. We will not be able to buy back so much gold in a short time."
"It's useless to say all this now, we should think about what to do."
"What are you afraid of? Anyway, other countries are not allowed to transport it back, nor are they inspected. We will slowly wait for the price of gold to fall back to the cost line before buying it and putting it back. The only thing that makes us unhappy is that we have been harvested, which is very disappointing.
Very angry.”
"I think there must be someone behind the scenes of so many local gold mines happening at the same time, otherwise it would be too much of a coincidence. We should entrust the CIA to investigate and see if there is a mastermind behind this series of events."
"Agree! If someone is really behind the scenes, he must be found out and held accountable, and punished to death!"
…
The popularity of the gold market has obscured the distress of companies such as Qualcomm.
Since Xingchen Investment released the short-selling report, the stock prices of these companies have fallen by 40%.
However, these companies are still powerless and cannot find any way to save their stock prices.
Why?
Because the essential reason for this decline is that Loongson International wants to monopolize Longguo’s annual chip market of 300 billion meters. A large part of this market originally belonged to a few of them.
Not only that, Loongson International began to supply external products to seize the international market of these companies.
It is foreseeable that these major chip manufacturers will enter a stage of decline from now on, and no solution can be found.
Investors feel that the future performance of these companies is not good, so they will naturally choose to sell their stocks, and their stock prices will naturally fall to a reasonable level before stabilizing.
As for what price is a reasonable position, it depends on what investors think. There is nothing these companies can do. They cannot control what investors think.
Since we are unable to solve the problem on our own and it is impossible to update the technology technically, the only solution left now is political means.
For example, some countries are prohibited from using Loongson International's chips, and Star Investment is required to immediately terminate short selling, etc.
Other countries certainly cannot do this kind of thing, but Americans can.
No, they immediately began to contact Longguo to discuss related issues.
On the first day of the Lunar New Year, according to the tradition of the people of the Dragon Kingdom, everyone should play cards at home with their families, watch TV and so on.
But this year is different. Those with money come to gold stores early in the morning and queue up to buy.
Yang Chen got up early and called Chen Xi as soon as he opened his eyes.
Chen Xi: "Mr. Yang, happy New Year. I wish you a happy New Year."
Yang Chen: "Haha... Thank you, and I wish you a happy New Year. You should immediately use my and Xingchen Investment accounts to make an announcement to remind everyone that gold is at a high level and can only be sold, not bought."
Chen Xi: "Okay. I'll send it right away."
After hanging up the phone, Chen Xi quickly opened the computer to edit the announcement and send it out.
Soon, Yang Chen's reminder spread throughout the entire network.
Some people listen to the advice and only sell without buying.
But some people are convinced that the price of gold will continue to rise, so they can still continue to buy.
Longguo Gold Lujiazui Store.
The waiter opened the store door and took out the billboard.
“Today’s gold price is 540 yuan/g, the jewelry gold price is 600 yuan/g, and the recycling price is 520 yuan/g.”
Obviously, gold shops are beginning to avoid risks.
Gold bars are sold according to the international gold price of 540 yuan per gram, and accessories are sold for 600 yuan per gram plus processing fees, but the unified recycling price is as low as 520 yuan per gram.
This means that as long as you buy gold and do nothing, you will lose at least 20 yuan per gram. If it is gold jewelry, you will lose 80 yuan per gram.
If the price of gold cannot continue to rise by more than 15%, whoever buys it will lose.
Seeing this price, some people's reason overcomes their impulse and gives up the idea of continuing to buy.
However, there are still some people who are not afraid of death and continue to buy. They all think that they will be able to accurately escape from the top when the price is at the highest level.
This group of people are the same type of people as the stock investors who buy at the daily limit. They all think that they have unique vision and can escape at the highest point.
These are the people who were trapped in the stock market, and these are the people who are being trapped in the gold market now.
No matter how they choose, Yang Chen has kindly reminded them that they deserve to be trapped in the future, and they can't blame others.
Although the gold market continues to be hot, the competition between Yang Chen and Goldman Sachs is over.
If the duel between the two sides is compared to playing chess, Yang Chen is holding the white stones in his left hand, and at the same time, the black stones in his right hand are those of Goldman Sachs and all those who participated in this golden game. This game of chess has been doomed from the moment the chessboard is opened.
