Chapter 392 [This horse riding is a trap (thanks to the shivering new leader behind the wall)]
Weekend afternoon.
In the living room in the courtyard of Taoyuan Garden, Qi Wei, who is in charge of Tiansheng Capital's overseas investment, came here and was discussing with Lu Ming.
"Chairman, the company's diving capital has been initially prepared. Currently, the underwater capital that can be mobilized and guaranteed to be safe is US$7.5 billion," reported Qi Weihui, who was sitting in a single chair in the living room.
Since North American investment returned with a lot of profits, the company has been preparing diving capital to transfer global investment funds from the surface to the underwater, but this is not an easy thing.
So far, it has only secured less than US$10 billion in funding.
Things are different now. Tiansheng Capital is being watched by the global financial market. In the future, if you want to make money from the other party's market, you will have to be secretive. Fund security is very important.
Lu Mingyan, who was sitting next to him, made a concise decision: "Well, let's use the US$7.5 billion to leverage 20 times to short gold, and follow the trend and push it again."
Leveraging 20 times leverage, that would be a capital scale of US$150 billion.
No wonder the United States is very afraid and has imposed a global ban on Tiansheng Capital. With more than 170 billion US dollars in offshore liquidity, if it really makes trouble, it can indeed affect the global financial market.
The key is that this financial power is not controlled by Wall Street. This is what the United States is afraid of.
Qi Wei was stunned when he heard this: "This... Chairman, at yesterday's shareholders' meeting, you..."
Lu Ming turned his head and glanced at him with a faint smile and said: "The main logic of the big picture has not changed. I am still optimistic that gold will reach a record high of 2000 in the next three years, but right now there is no guarantee that Wall Street will give me eye drops."
, after all, seeing me unhappy is no longer a matter of a day or two, so it would be quite fun for us to just put on our vests and sneak into their ranks to make a fortune."
Gold is a very special type of investment. Major factors such as oil prices, international situations, and the trend of the US dollar will affect the fluctuations of gold prices. For example, rising oil prices and inflation almost go hand in hand. When oil prices rise, gold prices will often rise.
Gold is a store of value during inflation.
Factors such as geopolitical wars have led to insecure economic development and currency inflation. At this time, the property of gold as a store of value is reflected, and it is recognized as a hard currency around the world. People will rush to buy gold, which will naturally drive up the price of gold.
Similarly, the relationship between gold and the U.S. dollar is also closely related. The two are still closely related after the decoupling in the last century. A stronger U.S. dollar means that investment in the U.S. dollar has a greater chance of appreciation, and funds will sell gold and hold more U.S. dollars. The price of gold
Natural decline.
Qiwei said: "The chairman thinks the Fed will continue to raise interest rates this year?"
Since the foreign exchange war and the failure of the financial harvest plan of Wall Street and various international short-selling institutions in China, the U.S. dollar has embarked on a continuous journey of raising interest rates. It has already raised interest rates once in March this year.
Lu Ming nodded and said: "Unsurprisingly, a second interest rate hike will be announced in June this year. There are at least 3 to 4 interest rate hike plans during the year. Therefore, the price of gold is still mainly falling this year. Anyway, if you are given the opportunity to make money, boldly and decisively reach out.
Just grab a handful."
No matter what, the President has racked his brains to make money through deceit, abduction and intimidation since he came to power. The annualized GDP growth in the second quarter of this year is expected to be higher than expected, and the employment rate is also quite eye-catching. Based on the economic
The Federal Reserve also has reasons to raise interest rates, but the biggest reason is that it cut interest rates too sharply during the global financial tsunami in 2008, which flooded the economy.
For these reasons, the price of gold cannot rise this year, and there is still a final wave of decline. As for the subsequent surge of momentum, it coincides with the year of the most dramatic changes that the world has not seen in a century, coupled with natural disasters.
Man-made disasters were rampant, and the price of gold hit all-time highs.
In a sense, the rise or even skyrocketing price of gold reflects the level of turmoil in the world at that time.
In addition, Lu Ming also considered the fact that Wall Street was targeting him.
Yesterday's shareholders' meeting publicly sang the bullish tune on gold, but at this juncture, Wall Street, which has been unhappy with Lu Ming for a long time, must be very willing to suppress his arrogance.
I was originally bearish on gold, because the rest of the world didn't know about the interest rate hike in June, but Wall Street definitely knew it. After all, the Federal Reserve and Wall Street were wearing crotchless pants.
Moreover, Lu Ming also made it clear at the shareholders' meeting that Tiansheng Capital has allocated gold assets, which seems to be long. Then Wall Street sees that the good guys are long in gold, right?
The will to suppress is even stronger.
Qi Wei looked at Lu Ming and asked: "What is the target price for short selling?"
Lu Ming shook his head: "There is no need to set a target price. If the logic continues, sit tight; if the logic ends, stop. I estimate that it will most likely be mid-August. By then, all the short positions will be closed, and the position will be full and the position will be long."
Qi Wei nodded: "I understand, then I will make arrangements."
After chatting for a while, Qi Wei said goodbye and left to prepare.
Compared with the use of leverage by hedge funds on Wall Street, Lu Ming can be said to be quite conservative. Hedge funds on Wall Street often use 50 times, 100 times or even 150 times leverage.
They dare to be so playful because they are both players and referees. Basically, a guaranteed win means they can discount the future cash flow back as much as they want. If they get out of hand, they can change the rules, pull out the network cable, play rogue, etc.
Relatively speaking, Lu Ming does not have this advantage when making money at other people's venues. Instead, he has to worry about being pulled out of the network cable.
Although the leveraging ratio is very conservative compared with Wall Street hedge funds, it cannot support the huge scale of funds.
During this wave of short selling in international gold prices, Lu Ming did not give Qi Wei a target price, but he had a target price in mind. Not surprisingly, he was able to earn twice as much profit, which is about US$15 billion.
This is a conservative figure estimate. Being mixed in with various international short sellers this time is very likely to accelerate the positive feedback, killing gold harder, and then cutting more.
After taking the profits from the short position, go long again.
…
The weekend is over and it’s Monday, May 7th.
On the first trading day of this week, gold varieties attracted much attention from the market, with popularity and market sentiment extremely high.
Most investors are focused on gold-concept stocks, and there are not many domestic related stocks. There are only 10 listed stocks such as Zijing Mining, Zhongjin Gold, and Chifeng Gold.
Among them, Zijing Mining is the most popular, and the call auction hasn't even started yet. Just around nine o'clock, the barrage of this stock's time-sharing interface is full of hot chat.
“Everyone is sitting tight, it’s daily limit today!”
“Brother Yi brings goods and doesn’t deceive others, go ahead!”
"Futures have risen sharply, and the Shanghai gold main link has already +0.5%."
"Golden T+D is also rushing along the way!"
"Steady, steady!"
"As expected of a brother, he will always be a god!"
“Stud Stud!”
“This influence is amazing!”
The gold futures market and spot market next door open half an hour earlier than the stock market, and they are both rising now. This also gives investors who want to be long gold stocks huge confidence, and they must do gold today!
As the time came to 9:15, the stock market entered the call auction stage, and the gold concept sector opened sharply higher. Individual stocks such as Zijing Mining, Chifeng Gold, Zhongjin Gold, and Silver Gold reached +5% in the call auction.
above.
There are only 10 stocks in the entire sector. Is this the rhythm of setting off a daily limit trend?
The investors became more and more excited, and too many people started bidding to grab funds. The gold concept sector suddenly became the brightest spot in the two cities of Big A, and its popularity and attention continued to soar.
At 9:25, the call auction results came out. Zijing Mining opened higher by +6.32%, Chifeng Gold opened higher by +5.71%, Zhongjin Gold opened higher by 5.67%... All 10 stocks in the sector opened higher by more than 5%.
The popularity of the entire gold concept sector is extremely high, but at this time, a very small number of chicken thieves and Niu San in the market realized that something was wrong. The more they looked like a trap by the main force, the more they looked like a trap!
