Chapter 772 [A group of aunts suddenly appeared on the way to buy gold]
Big A's market performance this week is eye-catching, especially breaking through the year's new high. Today's trading volume is obviously large-scale. The market's money-making effect has been revealed, and it has also attracted the entry of many off-site funds.
In the last three trading days of July, Big A fluctuated for two days before breaking through again. On the last trading day at the end of July, the Shanghai Stock Exchange Index closed up 0.93%, and the index reached the 2200-point mark for the first time this year.
After a one-day adjustment on August 1, the A-share market rose sharply again on the next trading day, August 4. The Shanghai Stock Exchange Index rose 1.74% that day and closed at 2223.33 points, setting a new high for the year.
The stock price of Quantitative Capital also continued to rise amidst the shock. On August 4, it once again approached the daily limit. The highest price during the day reached 228.66 yuan. It rose 9.35% that day and closed at 228.12 yuan. The market value again returned to three levels.
The 100 billion mark reached 318.9 billion yuan.
With this market breakthrough, the cumulative increase in quantitative capital reached 96.02%, nearly doubling.
Moreover, it is only less than 11 percentage points away from breaking through the price of 252 yuan and setting a new record high. Quantitative Capital’s price of 252 yuan is regarded by investors as the top of the stock. When it came out of this top, they all threatened the future.
Don’t even think about making a breakthrough within five years.
Unexpectedly, only a year and a half later, the stock price was about to reach a record high.
The market has surged recently, and the A-share market has also become hot. At the same time, a large number of fans and investors have gone to leave comments on the latest dynamic blog post on Fang Hong's personal Weibo account.
[There was a real breakthrough in the second half of the year...]
[As expected of God K, his research and judgment on the market are as sharp as ever.]
[Bull Bikras!]
[Eh? How did you know that I doubled my position at level 7.5 of Quantitative Capital? Has my securities account been stolen? (Gotou.jpg)]
[Come here, kill this pretender.]
[How do I know? Because knowing a son is better than a father? (Shiba Inu.jpg)]
[Hahaha……]
[To be fair, God K’s judgment is really terrifyingly accurate and terrifying.]
[God K, tell me honestly, did you ask Star Capital to push Big A’s recent rise...(manual funny)]
[Maybe it’s really possible, haha!]
[At the beginning of the year, I clearly predicted the trend of Big A, and I am asking you if you accept it.]
[I’m done with it.]
[What’s even more outrageous is that every time I judge it so accurately, I have never overturned even once so far. Even God can’t do it...]
[God K has gone crazy as a shark!]
…
At the same time, Fang Hong did not post on the Internet during this period, nor did he pay attention to his Weibo.
He is now focusing all his energy on the battle between hunting and anti-hunting. During this period, when the big A-shares broke through, the targets actually shorted by Qunxing Capital in overseas markets all fell to varying degrees.
Whether it is stocks, futures, options and other derivatives, they are all falling to varying degrees, especially the commodity market.
Crude oil futures are falling, soybeans are falling, silver is falling, copper is falling...
However, Bitcoin did not rise sharply, but fell, and the decline was not significant.
According to the false information provided by the "insider" to Wall Street, Qunxing Capital is shorting Bitcoin, so if they are rivals, the funds on Wall Street will definitely force the short position of Qunxing Capital.
Liquidation.
But Wall Street did not do this and adopted a hands-off attitude.
It's not that they don't want to, but they consider that doing so is too obvious, which will arouse the vigilance of Qunxing Capital, making him realize that he is being hunted, and other investment types may completely withdraw.
Comparatively speaking, the size of Bitcoin is too small. If Fang Hong runs away because of this, in the eyes of Wall Street, he has simply picked up the sesame seeds and lost the watermelon.
In Wall Street's strategy of hunting for funds, Bitcoin is the last product to be taken action. First, ensure that Star Capital's funds in other products are collectively suffocated, and then go back to encrypted digital currencies.
However, in this game of hunting and counter-hunting between the two sides, there are still hundreds of millions of small accidents in the gold variety.
A group of uninvited guests appeared, playing the role of the "third party", and this group turned out to be domestic aunts.
At the end of July and the beginning of August, the international gold price hit a new low, reaching a price of US$1,103.32 per ounce, falling below the price of US$1,179.40 per ounce on June 28, 2013.
When the price fell below this price, domestic aunts went crazy to buy gold at the bottom, and it once again became a hot news topic recently.
Foreign media are also reporting frequently. The Wall Street Journal specially created the English word "dama" to describe the crazy buying of gold in China.
What I have to say is that domestic aunts have a special liking for gold. The lower they fall, the more they buy, and the lower they fall, the happier they are. Their purchasing power cannot be underestimated. The vast majority of this huge group of aunts don’t know anything about finance.
Game.
Anyway, I feel happier when I see the price of gold falling further, because the same money can buy more.
As a result, in the past few days, the collective buying of gold by domestic aunts has formed a short-squeezing situation, which has raised the price of gold from 1103.32 US dollars per ounce to 1289.35 US dollars per ounce.
ounces, the cumulative increase reached 16.86%.
You must know that the price trend of gold is much more stable than that of stocks and other products. As a result, the recent trend fluctuations are comparable to those of stocks.
This operation of the aunts directly silenced Wall Street and made Fang Hong dumbfounded.
Fang Hong used the "insider" to send false information to Wall Street, showing that he was long gold, but in fact he was short. The price of gold was pushed up by the aunt group, and Fang Hong was going to lose money.
Wall Street is also speechless about this group of aunts who came out halfway because they want to suppress the price of gold. According to intelligence information, Fang Hong is doing long gold varieties. If Fang Hong's Qunxing Capital is to explode in gold varieties, it will have to fall.
Wall Street even once wondered whether Qunxing Capital and Auntie were working together to support the gold market.
But if this is the case, if Qunxing Capital still adds to its position, it will be suppressed even more.
As time went by, the strong bullish momentum of international gold prices did not last long, and then weakened and fell again, and further fell to 1,102 US dollars per ounce, setting a new low for the year.
When the aunts are bearish, it becomes cheaper and they buy more aggressively.
Looking at this situation, Wall Street seems to be following the trend and pummeling the market even harder, threatening to push the international gold price below US$1,000 per ounce.
In fact, Wall Street is not afraid, because with the support of the Federal Reserve, in a sense, it can have unlimited bullets.
But aunts are not vegetarians. After aunts buy gold, they plan to store it for a long time, or even use it as a betrothal gift or dowry for their son or daughter to get married in the future.
