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Chapter 679 Harvest Monthly Pass)

The competition in the classification list is very fierce this month. From third place to tenth place, the difference in monthly votes is less than 100. No matter who breaks out and gets more than 100 monthly votes in one day, he will jump directly to third place. And this kind of

It's easy to break out, and the next six or seven people have this ability, so the sixth place in the classification list is really not stable, so I try hard to get monthly votes.

"According to statistics, the buying orders at the end of the morning trading exceeded 30 billion. Do we want to sweep the goods?" A young man stood up and said.

"Thirty billion? It doesn't look good. Immediately after the market opens, we place an order, look at the price, and sweep across. As long as there is a selling order, we will raise the price to take it. We still have less than 20 billion US dollars in hand. I hope today

All transactions can be completed." Deng Hui made a quick decision.

Seeing the operator starting to be busy, Long Lin asked: "What's wrong?"

Deng Hui said: "We are not the only smart people. Some people in the market have started to make small moves. Otherwise, the sales orders in the morning would not have been maintained at around 30 billion US dollars. They should have increased a little. This can only show that it is not just one company.

If it was the behavior of one family, it wouldn't be so obvious, so we could see the clues."

"So someone couldn't help but start taking action?" Liu Mingyu asked.

He was just joining in the fun. Liu Mingyu didn't understand anything about this kind of thing, so his sense of presence was never strong. But now, he couldn't help but ask, because he also knew that the critical moment was coming.

"Definitely, I don't think those people will wait until the gold price drops below 200. Brother Han, what do you think?" Deng Hui already had a smile on his face.

Han Kongque said: "Your judgment is correct. Two hundred and twenty yuan per gram and one thousand US dollars per ounce are the bottom line. We are all afraid of making a move too late and not getting any benefits, so some small moves at this time are unavoidable. However,

, if we all make small moves, today’s trading volume will increase linearly, and by tomorrow, even fools will react.”

"It seems that there are many people who want this batch of low-priced gold!" Jiang Lin said.

Deng Hui said: "That's not necessarily true. Maybe it's just for speculation. If you do this kind of speculative business once a year, you can make a lot of money."

Long Lin said: "Your decision is still wise. If we don't take action earlier, we won't be able to grab much gold with just this little gold."

Deng Hui said: "This is a wise decision by Brother Han. At that time, we thought of suppressing the price first and then absorbing low-priced gold later. But judging from the current situation, it would definitely be a wrong decision to absorb gold at this time."

Han Kongque said with a smile: "Okay, let's not flatter each other. The market will open soon, so get ready!"

"Brother, I jumped high into the air."

"Gap? It seems that everyone is ready to take action. Look at the price and scan the goods in stages."

"yes."

"What's wrong?" Long Lin and the others didn't quite understand.

Deng Hui said: "Someone took action."

Han Kongque said: "That's for sure. At least, the predators staring at us will never let us pick the fruit smoothly."

Deng Hui said: "We have put the fruit into the warehouse a long time ago. Now we will use the last funds to stimulate them."

"Haha, there must be Ah San's handiwork in it. They know that I will definitely buy a thousand tons of gold, so no matter how high the price is, they are not afraid of getting gold in their hands." Han Peacock smiled.

Although there were still sporadic sell orders on the market at this time, they were faced with waves of buying orders. Seeing the successful completion of large-scale transactions, everyone was caught off guard.

Throughout the room, the keyboards were being typed loudly, and the traders quickly and accurately entered the corresponding prices to buy out the sales orders. However, many of them were impossible to grab, because there were often people who would move a step faster.

, place a buy order first to complete the transaction.

"Place two large orders interactively, as many as you can scan." Deng Hui ordered again.

Immediately, Xiao Li, who was called up by Deng Hui just now, started to operate. He directly increased the transaction price by 2% and bought 100,000 lots. Then he directly increased the daily limit by 5% and bought 200,000 lots.

Thousands of hands.

This time they acted very quickly and completed the transaction of 100,000 lots in an instant, but the subsequent transactions were not so smooth.

Although the price limit has been reached, the trading volume began to shrink sharply until it disappeared, because there were no sell orders at this time, and they were all large buy orders.

"It's amazing that no one is shorting?" Deng Hui smiled.

Han Kongque also laughed: "Aren't you seeking death by going short at this time?"

"I think the bosses of all the major mines are laughing now, right?" Deng Hui said.

Han Kongque said: "That's for sure. I think they have expected this day, but they just don't know how much inventory they can sell."

Deng Hui said: "This is a big market situation. At this time, it is not just the gold mine bosses who are paying attention to this place. I think the top leaders of some countries are also paying attention to this place. Maybe they can't help but sell some of the gold in stock.

"

"This is very possible, but it is definitely not now. With the current gold price, no one will sell gold in large quantities. Just wait! Just like today, some people will not be able to help but buy, and some will definitely because

The price is so high that I can't help but sell gold." Han Kongque said.

"What should we do next?" Deng Hui asked.

Han Kongque said: "Raise the price, wait until when all the gold in our hands is turned into low-priced gold."

"I think it's not difficult. In a few days at most, our gold will start to appreciate in value," Deng Hui said.

Han Kongque said: "The appreciation pressure on gold prices will inevitably continue to intensify. In the past, eight hundred US dollars per ounce was a sky-high price. Now, US$1,600 per ounce is a sky-high price. It is possible to exceed US$2,000 per ounce, reaching US$7,000 or even US$1,000 per ounce."

It’s nine thousand dollars, isn’t it very far away?”

"You are saying that if the price of gold rises, the limit that countries can bear is US$7,000, or even US$9,000 per ounce? Is this impossible? If it really reaches US$9,000, then one gram of gold will cost 2,000 yuan less.

"This is really sky-high gold, but such a price should be unattainable.

Han Peacock smiled and said: "What if the gold standard is mentioned again?"

The disbelief on Deng Hui's face froze for an instant. If the gold standard was implemented again, how much gold would the country need?

Does the United States need to increase its gold holdings? What about the European Union? Don’t other countries need gold?

If China develops well, the price of gold will inevitably be pushed up. This is people's consensus, but is this day really coming soon? And they are the pusher.

The surge in China's demand for gold will definitely drive up the price of gold. There are three aspects that will increase China's demand for gold.

The first aspect is the increase in China's middle class, which increases gold consumption.

Due to the traditional concept of the Chinese people, they like to give gold jewelry whether they are getting married or having children. Recently, some media reported that a very luxurious wedding took place in Zhongshan City, Guangdong. At the wedding, the bride wore 70 gold bracelets all over her body.

Weighing in at dozens of kilograms, some netizens nicknamed her the "Golden Bride of Zhongshan."

Although China is currently the second largest gold consumer in the world after India, its annual per capita gold consumption in the country is only 4.5 grams, which is far lower than the global average of 24 grams.

With the steady development of China's economy, some data show that the number of China's middle class will reach as high as 500 million in the future, far exceeding the current population of more than 300 million in the United States.

The increase in the number of middle class people and their enhanced spending power means an increase in demand for gold.

Second aspect: China needs to buy more gold to hedge against the risk of depreciation of U.S. dollar assets.

China has trillions of U.S. dollar assets, and its foreign exchange reserves alone are about 4 trillion U.S. dollars.

If the U.S. dollar depreciates or there is high inflation in the U.S., buying a large amount of gold, which has a negative correlation with the U.S. dollar, is a better choice to preserve the U.S. dollar assets held by China.

Thirdly, if the RMB needs to be internationalized, China needs to buy more gold.

Whether it is the US dollar or the pound, when it became a major international currency, its national gold reserves accounted for more than 50% of the world's gold reserves. When the euro was created, the euro zone's gold reserves exceeded 10,000 tons, exceeding the gold reserves of the United States.

Therefore, for the RMB to be internationalized, it must also have universal acceptance and value stability. To put it bluntly, it is the "gold content" of the RMB and whether China has sufficient gold reserves as the basis.

Since the internationalization of the RMB has become China's national policy, if China wants to successfully complete the internationalization of the RMB, it is inevitable to purchase large amounts of gold.

The World Gold Council report estimates that as of 2013, China's gold reserves were 1,054 tons, ranking sixth in the world. If the RMB is to become an international currency competing with the US dollar and the euro in the future, China's gold reserves should reach the level of the United States or the Eurozone.

, that is, China needs to have 8,000 tons to 10,000 tons of gold reserves.

Thinking of this, Deng Hui's expression changed. The price of gold will rise to 9,000 US dollars, which seems to be within reach. And their actions are known to the top officials in the country. Are they just watching and saying nothing?

Although Deng Hui is younger than Han Kongque and others, he is a capital player and is more aware of the intrigues involved. He does not believe that those old people are so kind.

Seeing that the price was about to reach the limit, Deng Hui showed a faint smile. At this time, everyone wanted to buy the bottom, so it was almost destined that the price of gold would be pushed up.

"The boss is short selling and is suppressing the price of gold."

"One hundred thousand selling orders appeared."

"The bears are striking."

Deng Hui was shocked, someone was actually short selling at this time?

Looking at the big order of 100,000 lots that he was eyeing, Deng Hui was a little overwhelmed. One lot was one kilogram, which was one hundred tons of gold.

"Swallow it." Deng Hui gritted his teeth and said.

"Boss, we have one hundred thousand hands."

"How much money do we have left?" Deng Hui shouted.

"Fifteen billion dollars more."

"If they swallow another hundred tons of gold, I won't believe it anymore. Let's see how much gold they have." He said harshly.

One hundred blunt gold, at the current price, costs almost 3.5 billion U.S. dollars. Their funds, even without leverage, can swallow 500 tons of gold.

At this time, two consecutive large orders of 100,000 lots were taken by Deng Hui, but the expected large selling orders did not appear one after another.

Deng Hui wiped his sweat and said: "Continue to scan the goods and place a purchase order of 300,000 lots. I don't believe there are still people who dare to go short against the trend."

Han Kongque said at this time: "No need."

"What?" Deng Hui looked at Han Peacock. When did Han Peacock actually start to interfere with his command?


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