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Chapter 152 Gold

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    ??

    ¡°The second thing is to immediately put all the money in my hand into the gold futures market in the name I have in my UBS account.¡±

    Lin Yuqing was shocked.  Isn't this guy mentally ill?

    Why invest in the gold market?  And it¡¯s still 12 million in cash.  I¡¯ve heard of people investing, but I¡¯ve never heard of anyone investing like this.

    Huang Shaowen frowned slightly when he saw Lin Yuqing stop writing.  Suddenly he realized that it was normal for this kid to have the reaction he had now.

    "You don't have to worry about this. Put your money in and buy it all short."

    Lin Yuqing was even more shocked. With such a stable futures market like gold, isn¡¯t shorting it a suicide?

    Could it be that your boss thinks he has too much money, so your brain is burned out?

    "That's right. Find a more reliable bank to be your agent. Well, let's take UBS. I remember that they seem to have business in this area. By the way, you have to pay attention to asking them to provide an obedient trader. I'll be specific.  do it yourself."

    Lin Yuqing had to ask, because as far as he knew, Huang Shaowen was an out-and-out mainlander who had never had any knowledge of finance. Not only did he invest all his money in the current gold futures market, but he also had to operate it himself.

    "Boss, the risks in the financial market are still quite high. Would you like to consider this matter no more?"

    Huang Shaowen was very satisfied with Lin Yuqing's question: It seems that this guy still knows how to protect my interests.

    "You don't need to worry about this, you will know when the time comes. Also, don't forget to ask UBS if they can provide financing. If possible, just ask them to provide 15 times the financing ratio. If it is higher, it doesn't matter how they recommend it.  Don¡¯t even agree, got it?¡±

    Huang Shaowen's arbitrary behavior and his inability to listen to good advice gave Lin Yuqing a slight headache, but now looking at Huang Shaowen's appearance and what he said, Lin Yuqing also knew that Huang Shaowen did have his own ideas.

    ¡°Forget it, it seems that my boss is overconfident in himself.  Anyway, the money is his own, so he can do whatever he wants with it.

    "Okay boss. How much will the price of gold drop to when to close the position?" Lin Yuqing studied economics. He had also speculated in stock futures before and had a very painful experience. He happened to meet Huang Shaowen when he bought a company.  , which can be regarded as saving oneself.

    Huang Shaowen wrote in his notebook a 40% drop.  But now Huang Shaowen is a little unsure.

    According to normal historical development, in 1981, $599 per ounce was the peak of gold prices.  Until now, the price of gold is still trading at a high price, and the spot price is falling.  Basically, it is shaking around $490.

    Generally speaking, at this time, the price of gold is in a period of shock, but the amplitude of the shock is not very large. Therefore, it stands to reason that you cannot make much profit or lose much by buying gold futures, which seems a bit useless.

    Gold is the best store of value. Many times people invest money in the gold futures market, and if you don¡¯t care about a short period of time, holding gold for a long time is indeed a good choice.

    But if you want to use the gold futures market to make a lot of money in a short period of time, it is obviously not a suitable choice.

    But Huang Shaowen knows it very well.  At this time, the US dollar is in the stage of appreciation.  Most people are optimistic about the appreciation of the US dollar, so they are buying US dollars.  The gold market is cold and prices naturally fall.

    It is acceptable for gold to fall, but it is unimaginable that the price of gold will break in half. By 1985, the market price dropped to US$300.

    Compared with the current gold price, it has dropped by more than 40%!

    Of course, in this downward process, the price of gold rises and falls, but the overall trend is correct.

    But Huang Shaowen couldn¡¯t wait that long in the gold futures market.  Because the Sino-British Joint Declaration will be released soon.  The real estate market in Guangdong and Hong Kong is still in the decline stage, so it is a good time to buy at the bottom.

    Although Li Chaoren has now begun to show his prowess, the real opportunity for Li Chaoren to become almost invincible is the real estate market shock caused by the Sino-British negotiations.

    Li Chaoren took this opportunity to acquire a large amount of low-priced land. When the real estate market in Guangdong and Hong Kong rebounded, this made Li Chaoren truly invincible.

    Last year, Thatcher took advantage of the prestige of the Falklands victory and thought that Comrade Xiaoping would give in slightly.  But it is a pity that Comrade Xiaoping's toughness almost caused the Iron Lady to stumble, and this stumble caused the real estate industry of Guangdong and Hong Kong to "tumble".

    This year China and Britain will conduct the second round of negotiations, which is precisely when the future of Guangdong and Hong Kong is unclear.?This is a time when the people of Guangdong and Hong Kong have very little confidence in their future expectations.

    And the real stabilization will have to wait until the Sino-British Joint Declaration is signed in December next year.

    "Fifty years of no change" has given the people of Guangdong and Hong Kong a lot of confidence.

    However, the current people of Guangdong and Hong Kong do not have very high confidence in the motherland, otherwise the real estate industry would not have experienced such big fluctuations.

    Since the people of Guangdong and Hong Kong have so little confidence in the motherland, Huang Shaowen can take advantage of the situation and buy the properties they left behind at low prices, so he can feel at ease.

    Therefore, Huang Shaowen¡¯s money for shorting gold must be withdrawn from the gold futures market as soon as possible, so that he can have enough capital to absorb the property abandoned by some people in Guangdong and Hong Kong.

    "The drop is about 37%. No, as long as the drop reaches 37%, close the position immediately!" Huang Shaowen was a little hesitant. After all, the more it fell, the more he would earn.

    ¡°But I will not be in Guangdong and Hong Kong at that time, so I have no way to control the situation here. I can only set a value and let Lin Yuqing and the trader here do things according to the value they have set.

    ? 12 million Hong Kong dollars, 15 times leverage, and the funds are enlarged to 180 million Hong Kong dollars. As long as the increase exceeds 7%, I will be liquidated, and I will lose a dime by then.

    Now Huang Shaowen just hopes that his memory is correct.

    If it is correct, Huang Shaowen will make a profit of HK$66.6 million when he closes his position at 37%.

    12 million turned into 66.6 million. This is how the rich make money.

    Lin Yuqing didn¡¯t understand where Huang Shaowen¡¯s confidence came from.  Huang Shaowen's firm confidence and accurate numerical values ??even made Lin Yuqing wonder if Huang Shaowen was the son of a large international consortium and was now practicing.

    The reason why Huang Shaowen is doing this now is because he heard some gossip.

    Lin Yuqing was ready to make a move.  Do you want to buy some for yourself?

    But if you think about it carefully, it seems that it has never been said that any famous international consortium in this world is Chinese.  Besides, all my previous savings were wiped out by the stock market. Now I am still working and eating, barely maintaining my family. How can I have any capital to participate in such a capital game?

    "Okay boss." Lin Yuqing stopped thinking. Although Huang Shaowen's behavior was not very reliable, Lin Yuqing knew that it would not matter even if Huang Shaowen lost all the money.

    Because Huang Shaowen also has a clothing factory in eastern Guangdong.  There, Huang Shaowen earned 10,000 yuan almost every day, which is more than 3 million yuan a year.  Not to mention, as far as Lin Yuqing knows, the factory is still expanding and has opened many new businesses.

    This Huang Shaowen, Boss Huang is now a typical person who is not short of money.

    Even if all the twelve million is lost now, it won¡¯t be long before they can regroup the finances.

    Since the company will definitely not go bankrupt and you can still do your job for a long time, then you don¡¯t have to worry about the future and just do the job that Huang Shaowen has given you.

    Huang Shaowen looked at Lin Yuqing, who looked serious, and said with a smile: "If you do this well, Star Aviation Investment will give you 1% of the shares as a reward." (Remember the website address: www.hlnovel  .com
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