First, although most of the people pushing for this resolution are European countries, there are no Americans behind it to fuel the fire. As most people predicted, this resolution will be far away.
Another point is that the fall of the dollar means that American goods are cheaper. Naturally, the export volume of the United States will be larger. The corresponding factory profits will create more job opportunities, and the impact will be felt in all aspects. This means that although
European countries are pursuing their own interests, but the United States is also enjoying its gains.
In this era, the U.S. economy has not experienced a major recession, but is in a relatively stable position, so the interests of exporters in Eurasian countries will be damaged to a certain extent.
The countermeasures of these countries can only be for the central bank to lower interest rates to promote domestic demand, and then offset the impact of the decline of the US dollar on them. While these countries lower interest rates to promote domestic demand, it is also what the global trade imbalance requires.
, and the strong growth maintained by Eurasia also pays attention to preventing the possible economic recession in the United States from turning into a global problem. Of course, these are just things for later.
Regarding the current situation, at least it is beneficial to Sean now, because this is a general environment. The fall of the US dollar means that the entire gold futures market is still a bullish trend in the medium and long term. Of course, where will this rise be?
, everyone has their own judgment, because no one in this world can compare with Sean.
Closer to home, the main short-side institutions have re-established a barrier at the $320 mark, because in their view, the range of seven dollars is enough for the market to digest the bullish news from the International Monetary Fund's cancellation of the gold standard system, so they
His will is still very firm.
Anyone who understands economics knows that the impact of canceling the gold standard system is definitely not something that can be easily digested, but a step-by-step process. Because of the particularity of the gold futures market and reasons closely related to this system, it is
You will be the first to feel it.
In fact, both the bulls and the bears know this, but if the bulls don't take advantage of the victory to blow up the huge positions held by the bears, then no matter how much they accumulate, it will still be a paper profit, mainly because there are not enough multi-party institutions entering the market.
In order to digest the handicap they have, isn't there a saying that it is safe to put it in the pocket.
Because the entire market is bullish, the retail investors and small and medium-sized institutions that continue to enter are all in a bullish position, and they will slowly push the entire market up.
As for the short side, if the entire situation is not reversed, what awaits them will be unbearable losses, and...
The price of gold per ounce is close to the US$320 mark, and multi-party institutions have begun to slowly place orders. These are the first batch of small and medium-sized institutions to build positions at low prices, while large institutions are still holding orders because of the existing
The handicap is not enough for them to cash out, and short institutions are eyeing it. If there is a slight loophole, they will follow the trend.
Sighing, Sean also chose to close the market he held, mainly because there was still a stalemate process between the long side and the short side. In this process, there was not much profit, and at the same time, they had to bear pressure.
Sean is already satisfied with today's operation. Whether he will continue to enter the market next depends on the performance of both the short and long parties, as well as the level of support outside the market.
After so many years of experience, Sean entered the market from a low position and exited the position at almost the highest short-term price, ranging from US$39.3 to US$39.7 per ounce.
The long side is still jumping up the market, and a large order of 10 million lots has been placed at the $320 mark above. This is the first gold medal for the short side. Perhaps it can be said that,
This is standing on the pole….
However, what Sean is most interested in right now is the current income, because this will determine the progress of the plan in the future. The more funds, the faster the progress will naturally be.
"One step to heaven, one step to hell!" Looking at the funds lying quietly in the account, Sean was very happy. Recalling the commotion downstairs, Sean couldn't help but say the most classic sentence.
Eight figures of capital! In just a dozen hours, Sean changed his capital from six million and seven figures to eight figures, more than ten million.
Just like what Sean said, the futures market is really one step from heaven to hell! Although Sean is in heaven now, Sean tells himself in his heart that he must not be careless, because the historical trend is absolutely impossible
Changes, but the small details may still turn into a small bay and return to the main road.
"It's begun!" With a sharp look in his eyes, Sean couldn't help but murmur.
The main force of the bull side is obviously not satisfied with the current price and is still pulling up. The short side is also pursuing its own wishful thinking. If two tigers compete, one of them will be injured.
"Three hundred and nineteen point seven, one million empty hands!"
"Three hundred and nineteen point three, one million empty hands!"
"Three hundred and nineteen, two million empty hands!"
This is the voice of the market representative of the main institution of the short side, and the representative of the long side is obviously not to be far behind. As the main institution of the long side said: "All the orders of 319.51 are required, and the other 310
Nine point seven, five million long orders!"
The entire trading floor paused for a moment, seeming to be sighing with emotion at the strength of the main force. However, the short side obviously would not easily let the bullish side raise the momentum, because momentum is really a wonderful thing. You can't see it but you can only feel it.
, but after gaining momentum, I found that everything in front of me was nothing.
"Three hundred and nineteen point five, 10 million empty orders!" Just a few seconds after the main exit representative of the bull side shouted, the exit representative of the main short side was obviously not to be outdone, and it was a little bit loud after shouting for a whole day.
The hoarse voice echoed in the trading floor almost at the same time.
"You bunch of trash, who told me that I will definitely make money? How dare you lie to me, how many of you know what to do?" The scene was still stalemate, and a voice from the door attracted Sean's attention, not because of others.
Yes, because this sentence is in Chinese, the voice sounds like a person involved in gangs, but the information revealed in the voice indicates that this person seems to be underage.
Sean smiled. This must be one of the short-selling institutions just now. They were obviously building positions at a high level because of the decision to cancel the gold standard system, and were part of the group whose positions were liquidated in the first wave of promotions.
Suddenly, Sean's heart trembled, because when he saw the young man's appearance, he seemed to be that person! Sean couldn't help but push the door open and said: "Friend! Do you want to get your money back?"
ps: The first update will be sent first, and the second update will be coded with full strength. However, the speed of coding is really not flattering. I have only coded the first update since 1:00 noon, so I will try my best to complete the second update before twelve o'clock.
^_^! Shamelessly asking for some recommendation votes o(n_n)o haha~!
ps: Thanks to Tian Luo for his 588 reward, and thanks to Banxian Fortune Teller for his two rewards and premium tickets. I also want to share a secret with you! Banxian Fortune Teller is a writer who has been featured on the home page. You can check it out when you have time.