Chapter 506 [Personal account making tens of billions overseas]
Chapter 506 [Personal account makes tens of billions overseas]
Author: Zhaolingsiyu
Chapter 506 [Personal account makes tens of billions overseas]
Fang Hong glanced at the beautiful assistant and said with the same smile: "No, no, what I said is obvious, I mean that I can't let Wall Street know that I have predicted that they want to catch my fish instead of cutting Merrill Lynch.
Cutting it all off immediately is like telling Wall Street that I know their little intentions."
After a moment of pause, Fang Hong added: "If you cut it in half, they will think more that I, Qunxing Capital, are so bold that even the leeks on Wall Street dare to cut them with a knife. If this money is really bait for fishing, they will definitely put up with it."
, A small impatience will mess up a big plan, so it can be directly confirmed. It was just my guess before, and it has not been verified. If they really tolerate it, then it can be confirmed."
Tian Jiayi couldn't help but suddenly realized: "So that's what you considered, okay."
Fang Hong would definitely not dump his 3.15 million Bitcoins. If he did, Merrill Lynch would be trapped, and the other party would definitely not sell them. What's the point of killing more than 90% of them?
I'm sure I'll keep it. It won't hurt if I put it into the list of bad debts and non-performing assets first.
I really threw away the chips that I had finally collected from the floor price. Instead, I picked up sesame seeds and lost the watermelon. I dumped all the chips to Merrill Lynch. It is impossible to get them back at low prices.
You can't go back to Merrill Lynch to get rid of it, right? That would be tantamount to exposing yourself. By then, everyone will know how many millions of Bitcoins you have in your hand, and they will directly make a directional blast for you, such as issuing one for cryptocurrency.
Supervision, when the time comes, it will really be possible to steal the chicken but lose the rice.
In the future, when the cryptocurrency market explodes, decentralization will remove its own centralization and strengthen the center of Merrill Lynch. Merrill Lynch will directly make money by then.
Trapping Merrill Lynch is not an end, but a means.
The ultimate goal is to reap greater profits. Compared with the price of Bitcoin in the future, which skyrocketed to tens of thousands of dollars each, now it is just mosquito legs, let alone all kinds of messy digital currencies in the future.
Now that Merrill Lynch's funds are trapped in it, it is definitely impossible to cut it off. You must find a way to untie it. If you want to untie it, you will definitely have to be forced to encrypt the digital currency platform, and at the same time, you can avoid some
Even if regulatory measures that are not conducive to Bitcoin are introduced, Merrill Lynch will lobby behind the scenes, and some regulations that are beneficial to cryptocurrencies will also be adopted.
This is one of the great benefits of trapping Merrill Lynch.
It is worth mentioning that after Fang Hong entered the overseas market with his personal account four months ago, in addition to making a huge profit of 2.4 billion in Bitcoin, the actual bulk is still in the international foreign exchange market.
Although the U.S. dollar index did not fluctuate much, it leveraged 20 times the funds just now to intervene, and set the pace and made a mad profit of 6.9 billion U.S. dollars. Adding the funds from Bitcoin with interest, it has reached 10.3 billion U.S. dollars.
The current total net value of overseas personal accounts, including principal, has reached US$12.4 billion.
Tian Jiayi said: "The outside world suspects that the crazy rise of Bitcoin is caused by Qunxing Capital behind the scenes. How should these public opinions be handled?"
"No comment." Fang Hong said concisely, and then added: "In a month or so, we will submit a material investment report to Merrill Lynch and tell them our position in Bitcoin where their money is deployed. After all,
As an LP, you still need to have this right to know."
Tian Jiayi couldn't help but laugh. She could imagine the expressions of the people at Merrill Lynch when they saw this investment report.
He had just delivered 8 billion US dollars, and when he turned around, he was told by Star Capital that he had invested the money in Bitcoin and had bought 4 billion dollars. He was so angry that he vomited blood. This was not a small amount of money.
Tian Jiayi thought that there were still US$4 billion in funds, and immediately looked at Fang Hong and asked: "How will the remaining part of Merrill Lynch's funds be arranged?"
Fang Hong thought for a while and then ordered: "Let's throw it into the international foreign exchange market when the time comes. No one can set up a directional blasting site in this place. Unless the United States uses the whole country to target Qunxing Capital, even then it will be the first to kill."
A move that will cost you ten thousand."
In other words, it is impossible to snipe Qunxing Capital in the international foreign exchange market.
Fang Hong added: "In addition, when it comes to the foreign exchange market, the US dollar foreign exchange sector can be fully opened by all-star capital. In addition, the gold commodity can be prepared to go short. It is estimated that 1800 and 1900 will almost peak."
Tian Jiayi lowered his eyes and remained silent, memorizing his decisions one by one.
It is worth mentioning that, against the background of the global stock market crash, international gold prices reached a record high today, with the highest intraday price hitting $1,778.30 per ounce.
Compared with the stock market, the price fluctuation of gold should be much lower than that of the stock market.
However, since August, the price of international gold has been accelerating and skyrocketing. Yesterday it rose sharply by +3.34%, and today the highest intraday price also rose sharply by +3.58%. Such price fluctuations are similar to those of stocks.
The current surge in gold prices is mainly driven by S&P's downgrade of U.S. debt credit ratings, and of course the plunge in global stock markets.
Funds that have fled from the stock market have to find a place to live, and cannot hold cash. The U.S. dollar index has dropped from the price of 88 U.S. dollars last year to the current 73 U.S. dollars, a sharp drop of 17%. To describe it loosely, it is equivalent to the price of 6 dollars last year.
If you hold $1 million in U.S. dollar cash in March, your purchasing power will have evaporated by $170,000 in just one year.
So, what else can you buy besides gold?
Everyone rushes for gold as a safe haven, and prices naturally rise.
However, this has also accelerated the trend of gold chasing the top, because after August and starting from September, the U.S. dollar index began to strengthen. In the following years, the U.S. dollar also entered an interest rate hike cycle and continued to strengthen.
Especially after entering the second half of 2014, the U.S. dollar index showed a trend of unilateral appreciation, with the purpose of harvesting the world. The biggest fat player was China. At that time, the big A-shares reached 5,000 points, and the national stock market increased like crazy.
In the era just now, foreign capital was also allowed to enter Big A.
As the U.S. dollar continues to appreciate and everyone starts to take dollars, it will naturally trigger investors to sell gold and start grabbing U.S. dollars, and the price of gold will naturally form selling pressure.
…
In the early hours of the night, today's closing price of Bitcoin came out and was locked at US$1,007.92, up +25.75% throughout the day, with a nominal market value of US$21.166 billion. Bitcoin reached a terrifying US$19.8 billion in today's full-day trading.
, only a few billion short of it is equal to its total nominal market capitalization.
This is also the largest single-day trading volume recorded by Bitcoin since its birth. The entire trading volume on the previous trading day was only US$500 million.
Today’s participants were really crazy about T+0 arbitrage and had a great time, because the price range fluctuated between US$1,000 and US$1,050 almost all day long, selling when it rose to US$1,050, and then selling when it fell to the price of US$1,000.
Just buy the dips nearby and make profits again and again.
If someone makes a profit, someone must lose.
However, other participants playing around in it does not affect the exchange of hands between Fang Hong's two trading teams. Other players are playing theirs in it, and the two trading teams can change hands normally. Anyway, price fluctuations are highly controlled, and
The most chips are concentrated in the hands of two teams.
But having said that, anyone with a little trading experience will know that today's change of hands is extraordinary when they see this amount of energy. Players in the currency circle are also talking about it, and they are all very curious about who is shipping and who is receiving.
