Chapter 225: 225
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According to the normal operation method, Yang Jing should first operate with a lower leverage ratio, and reserve at least $10 million of reserved funds in his hand, so as to make up the position in time in case of fluctuations in the gold price. If there is no money in hand to cover the position, it will be forced to close the position immediately and eventually lose everything.
But how can Yang Jing, who is familiar with the performance of gold prices for more than a month, miss such a great opportunity? Therefore, under his tough attitude, Cesar cook can only reluctantly follow Yang Jing's orders.
Even so, Cesar is uneasy. Once something goes wrong, Yang Jing jumps out of the building. He can't and doesn't want to control Cesar, but they really ran away in vain
To the surprise of Cesar and his team members, the price of gold has been rising all the way since the opening of the market. After the gold pricing at 10:30, the price of gold is still strong and upward!
The fact that central banks sold gold reserves did not stabilize the price of gold, but stimulated the madness of bulls. Until the market was closed at 11:30 noon, the price of gold steadily stood at the high point of $543 ounces.
During this period, the price index line of London gold, let alone the decline, did not even show a trace of fluctuation. It was directly an oblique upward straight line, stretching from 512 to 543. It was straight like an aircraft cable in the sky
If Yang Jing ordered to clear the gold at this time and calculated according to the profit of $25 per ounce, Yang Jing had made a net profit of $130 million in just two hours!
However, Yang Jing obviously won't sell these gold at this time. Today, it just rose a little, which is far from Yang Jing's expected goal!
I don't know. I'm really scared! As a result, Cesar cook and his team members did not relax all noon. Looking at Yang Jing's eyes was like seeing a ghost!
In the afternoon, the gold price did not fluctuate much. At the end of the market, it rose a little. Finally, after the end of the market, the gold price stood steadily above the high of $548 ounces.
Even at this price, there is a net income of more than $30 per ounce. The income in four hours a day is more than $150 million!
Seeing the closing of the market, Yang Jing smiled and said, "let Mr. al prepare a big meal in the evening, and we can celebrate first." with this sentence, Yang Jing went to his room.
Cesar cook and his team members were shocked and regretted when they saw Mr. Smith leave so smartly.
Today's gold price trend undoubtedly has a strong impact on the five of them, especially Cesar. He has worked hard in the international gold market for more than ten years, but he has never seen such strange but accurate operation. Don't say you've seen it, even if you've heard it.
Full positions, the highest proportion, and in the case of earnings of up to $30 ounces, they are still unmoved and still insist on full positions.
"Shit! What is he doing?" several people looked at each other and found the shock in each other's eyes.
Compared with such a sharp operation and such a calm attitude, Cesar cook and several of them are more regretful.
With the permission of Mr. Smith, Cesar cook negotiated with the team members last night and each took out $300000 to invest. However, their money is limited, and they earn it hard, so they are still very careful about their own funds.
As a result, this caution did not matter. Not only did they not use the highest leverage ratio to build their positions at the lowest price, but also watched the gold price rise all the way. When they built their positions at $535 with a ratio of 1:20, the final profit on that day was only $13 ounces.
They are far from that bold and ruthless Mr. Smith.
The blonde hank cross whispered, "boss, why don't we clear the warehouse tomorrow and build the warehouse like this Mr. Smith?"
Emily Ballmer, a beautiful freckle girl, also said, "boss, I think Hank's proposal is good. I think Mr. Smith is absolutely confident that he will do so. Who knows if he has any inside information? I think as long as we follow him, we will gain a lot this time."
Cesar cook did not speak, but looked at Albert with a full beard.
Albert, with a beard and black framed glasses, shrugged his shoulders and said: "Boss, don't look at me, we all listen to you. But what I want to say is that today we witnessed a miracle. At the command of Mr. Smith, we also became the creator of the miracle. God, with a principal of $27 million, full position and maximum leverage ratio, we made a profit of $150 million in just four hours and net income The rate is as high as 555%! Boss, I really can't think of a reason why we don't follow Mr. Smith's footsteps! I don't think we can give up this opportunity. "
The last ordinary looking young man nodded and said: "Boss, that's what I mean. If Mr. Smith dares to do this with $27 million, even if each of us only takes $100000 to follow Mr. Smith, we don't have any danger even if we are forced to close our position. Besides, according to my intuition, I don't think we will screw up this time."
Hearing that all four of his men said so, Cesar cook thought for a long time. Then he bit his teeth and said, "well, since you all agree to do so, let's clear the warehouse tomorrow, and then each of us will invest 100000 US dollars to build the warehouse with the highest proportion."
Hearing Cesar's words, several players clapped each other excitedly, as if they had made a lot of money tomorrow.
No wonder they are now like this. From the initial disbelief to today's complete conviction, Mr. Smith spent only four hours trading time.
Cesar and his team also personally operated this miraculous operation, with a net return of more than 500% a day, something they dared not even think about before.
Although their return on the international gold market last year was as high as 280%, which is also a very proud achievement, compared with Mr. Smith's means today, their return is not worth mentioning at all.
One is that it took a year to make a profit of 280%, the other is that it made a profit of more than 500% in just four hours! How can you compare? It's impossible to compare!
Unfortunately, Cesar, what they never thought was that this was only the beginning of Mr. Smith, and the real madness was still behind. When they fully saw the crazy means of Mr. Smith, the five of them regretted again.
In Cesar's words - we should have done our best when we knew London gold would be so crazy! As a result, because of our caution, we missed the best chance to become a billionaire
The next day, on January 3, 1980, the price of London gold soared like a rocket. When the market closed in the afternoon, the closing price steadily stood at the high point of US $634 ounces. In one day, the international gold price soared by US $86 ounces! In two days and eight hours of trading, the net income per ounce of London gold purchased by Yang Jing was as high as US $116 ounces!
Although each of the five cesars took out US $100000 and built a position with a leverage ratio of 1:100, they couldn't buy much London gold with a controllable capital of only US $50 million. Moreover, because of the crazy rise in the international gold price today, Cesar and others were a little unprepared. Finally, the cost of building their position was as high as US $598 ounces, which was higher than that of Smith Mr. Smith's position cost an extra $80 an ounce
However, the profit of up to $36 an ounce also made Cesar happy. They controlled the capital of $50 million, filled the warehouse with 80 London gold, that is, 8000 ounces, and the net profit per day was close to $300000!
London gold broke out unparalleled energy in the first two trading days of the new year, and the huge bull force made the gold price soar.
In the past ten trading days, although the gold price fluctuated slightly, it did not affect Yang Jing and Cesar.
What makes them even happier is that in the face of this crazy surge in gold prices, the low market intelligence of the governors of major central banks and financial leaders around the world is undoubtedly exposed, because before that, in order to stabilize the international gold price, the major central banks were desperately selling gold reserves. For example, the U.S. Treasury auctioned a total of 6% of the Federal Reserve's gold reserves.
Now, in the face of such a strong gold bull market, they began to talk about restoring the traditional role of gold in the monetary system. A typical example is U.S. Treasury Secretary Miller. On January 16, 1980, the goods unexpectedly announced that the U.S. Treasury would no longer use the way of reducing gold reserves to stabilize gold prices. As a result, less than half an hour after the declaration was announced, the international gold price rubbed It soared up to $30 ounces, directly broke through $700 ounces, and steadily stood at the high of $715 ounces at the close!
The next day, that is, on January 18, the international gold price directly exceeded US $800 ounces; then, after two days of closed on Saturday and Sunday in the London gold market, after opening on January 21, the gold price rose all the way and quickly approached the historical high of US $850 ounces!
By this time, Yang Jing's 52000 hands of London gold had made a profit of nearly $300 per ounce, while Cesar's 80 hands of London gold had made a profit of more than $210 per ounce.
In just 20 days, Cesar alone made a profit of $1.7 million!
Both Cesar and his four players have been deeply impressed by the mysterious Mr. Smith. They are not only enjoying huge profits, but also deeply annoyed.
If I had more courage before the market opened on January 2, even if I invested a little more, I'm afraid the profit now is more than 1.7 million.
Let's take a step back. Even if everyone takes out 200000 US dollars when deciding to build a full warehouse for the second time, now one can get 580000 US dollars!
As a team that has worked hard in the London international market for five or six years, they made a profit of 280% last year. In fact, the five of them still have some money.
I can't say that a person can give a million dollars, but it's absolutely no problem for a person to give half a million dollars.
If each of them gave half a million dollars on January 3
But now they have no way to regret. After more than 20 days of crazy rise, even Cesar had a little fear in their hearts at this time.
Seeing the international gold price rise from 512 US dollars an ounce to nearly 850 US dollars an ounce in just 20 days, Cesar also felt that something had gone wrong.
At present, the international gold price involves too many aspects. Apart from that, the international gold price is so strong that the strong US dollar immediately withers. Will Americans sit back and watch their currency wither?
Just as the international gold price broke frantically towards the high of 850, the mysterious Mr. Smith said: "Mr. cook, we started clearing our positions at the price of 833 US dollars an ounce this morning! All our London gold must be cleared before the market closes this morning!"
For more than 20 days, the mysterious Mr. Smith seldom spoke, but now he suddenly spoke. Cesar and his team members were relieved.
"Is there really a big man who will come forward to end this crazy market?" Cesar not only remembered the process of arguing with Mr. Smith on New Year's day.
"Unless a big man publicly stands up and declares to curb the price of gold by tough means, it is possible to eliminate people's panic!"
This is what I said that day!
No matter what Cesar thought, under his command, his four players, including himself, began to slowly clear the warehouse.
The order given by Yang Jing is the clearance price of 833 US dollars an ounce. Under this price, the value of 52000 London gold in Yang Jing's hands has reached US $4.33 billion!
However, in the face of such a crazy market, in the face of a huge bull market, and in the face of more than $1.6 trillion of trading funds every day, these gold worth $4.33 billion was swallowed up immediately as soon as they were sold. In a few minutes, all 52000 London gold were cleared!
Of course, when operating Yang Jing's London gold, Cesar did not forget to clear all their London gold.
When Cesar and his team finished clearing all their positions and happily prepared to calculate the harvest of this investment, the mysterious Mr. Smith gave another order.
"Mr. cook, please continue to use the leverage ratio of 1:100 to fill the short position at the price of US $842 oz! The operating capital for building your position this time is US $138 million!"
"Short?" Cesar was startled by this order. Seeing that the gold price was about to break through 850 US dollars an ounce, and the increase was so fierce, he was short at this time
However, seeing Mr. Smith's smiling expression, Cesar's heart clicked and immediately ordered to start short
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According to the normal operation method, Yang Jing should first operate with a lower leverage ratio, and reserve at least $10 million of reserved funds in his hand, so as to make up the position in time in case of fluctuations in the gold price. If there is no money in hand to cover the position, it will be forced to close the position immediately and eventually lose everything.
But how can Yang Jing, who is familiar with the performance of gold prices for more than a month, miss such a great opportunity? Therefore, under his tough attitude, Cesar cook can only reluctantly follow Yang Jing's orders.
Even so, Cesar is uneasy. Once something goes wrong, Yang Jing jumps out of the building. He can't and doesn't want to control Cesar, but they really ran away in vain
To the surprise of Cesar and his team members, the price of gold has been rising all the way since the opening of the market. After the gold pricing at 10:30, the price of gold is still strong and upward!
The fact that central banks sold gold reserves did not stabilize the price of gold, but stimulated the madness of bulls. Until the market was closed at 11:30 noon, the price of gold steadily stood at the high point of $543 ounces.
During this period, the price index line of London gold, let alone the decline, did not even show a trace of fluctuation. It was directly an oblique upward straight line, stretching from 512 to 543. It was straight like an aircraft cable in the sky
If Yang Jing ordered to clear the gold at this time and calculated according to the profit of $25 per ounce, Yang Jing had made a net profit of $130 million in just two hours!
However, Yang Jing obviously won't sell these gold at this time. Today, it just rose a little, which is far from Yang Jing's expected goal!
I don't know. I'm really scared! As a result, Cesar cook and his team members did not relax all noon. Looking at Yang Jing's eyes was like seeing a ghost!
In the afternoon, the gold price did not fluctuate much. At the end of the market, it rose a little. Finally, after the end of the market, the gold price stood steadily above the high of $548 ounces.
Even at this price, there is a net income of more than $30 per ounce. The income in four hours a day is more than $150 million!
Seeing the closing of the market, Yang Jing smiled and said, "let Mr. al prepare a big meal in the evening, and we can celebrate first." with this sentence, Yang Jing went to his room.
Cesar cook and his team members were shocked and regretted when they saw Mr. Smith leave so smartly.
Today's gold price trend undoubtedly has a strong impact on the five of them, especially Cesar. He has worked hard in the international gold market for more than ten years, but he has never seen such strange but accurate operation. Don't say you've seen it, even if you've heard it.
Full positions, the highest proportion, and in the case of earnings of up to $30 ounces, they are still unmoved and still insist on full positions.
"Shit! What is he doing?" several people looked at each other and found the shock in each other's eyes.
Compared with such a sharp operation and such a calm attitude, Cesar cook and several of them are more regretful.
With the permission of Mr. Smith, Cesar cook negotiated with the team members last night and each took out $300000 to invest. However, their money is limited, and they earn it hard, so they are still very careful about their own funds.
As a result, this caution did not matter. Not only did they not use the highest leverage ratio to build their positions at the lowest price, but also watched the gold price rise all the way. When they built their positions at $535 with a ratio of 1:20, the final profit on that day was only $13 ounces.
They are far from that bold and ruthless Mr. Smith.
The blonde hank cross whispered, "boss, why don't we clear the warehouse tomorrow and build the warehouse like this Mr. Smith?"
Emily Ballmer, a beautiful freckle girl, also said, "boss, I think Hank's proposal is good. I think Mr. Smith is absolutely confident that he will do so. Who knows if he has any inside information? I think as long as we follow him, we will gain a lot this time."
Cesar cook did not speak, but looked at Albert with a full beard.
Albert, with a beard and black framed glasses, shrugged his shoulders and said: "Boss, don't look at me, we all listen to you. But what I want to say is that today we witnessed a miracle. At the command of Mr. Smith, we also became the creator of the miracle. God, with a principal of $27 million, full position and maximum leverage ratio, we made a profit of $150 million in just four hours and net income The rate is as high as 555%! Boss, I really can't think of a reason why we don't follow Mr. Smith's footsteps! I don't think we can give up this opportunity. "
The last ordinary looking young man nodded and said: "Boss, that's what I mean. If Mr. Smith dares to do this with $27 million, even if each of us only takes $100000 to follow Mr. Smith, we don't have any danger even if we are forced to close our position. Besides, according to my intuition, I don't think we will screw up this time."
Hearing that all four of his men said so, Cesar cook thought for a long time. Then he bit his teeth and said, "well, since you all agree to do so, let's clear the warehouse tomorrow, and then each of us will invest 100000 US dollars to build the warehouse with the highest proportion."
Hearing Cesar's words, several players clapped each other excitedly, as if they had made a lot of money tomorrow.
No wonder they are now like this. From the initial disbelief to today's complete conviction, Mr. Smith spent only four hours trading time.
Cesar and his team also personally operated this miraculous operation, with a net return of more than 500% a day, something they dared not even think about before.
Although their return on the international gold market last year was as high as 280%, which is also a very proud achievement, compared with Mr. Smith's means today, their return is not worth mentioning at all.
One is that it took a year to make a profit of 280%, the other is that it made a profit of more than 500% in just four hours! How can you compare? It's impossible to compare!
Unfortunately, Cesar, what they never thought was that this was only the beginning of Mr. Smith, and the real madness was still behind. When they fully saw the crazy means of Mr. Smith, the five of them regretted again.
In Cesar's words - we should have done our best when we knew London gold would be so crazy! As a result, because of our caution, we missed the best chance to become a billionaire
The next day, on January 3, 1980, the price of London gold soared like a rocket. When the market closed in the afternoon, the closing price steadily stood at the high point of US $634 ounces. In one day, the international gold price soared by US $86 ounces! In two days and eight hours of trading, the net income per ounce of London gold purchased by Yang Jing was as high as US $116 ounces!
Although each of the five cesars took out US $100000 and built a position with a leverage ratio of 1:100, they couldn't buy much London gold with a controllable capital of only US $50 million. Moreover, because of the crazy rise in the international gold price today, Cesar and others were a little unprepared. Finally, the cost of building their position was as high as US $598 ounces, which was higher than that of Smith Mr. Smith's position cost an extra $80 an ounce
However, the profit of up to $36 an ounce also made Cesar happy. They controlled the capital of $50 million, filled the warehouse with 80 London gold, that is, 8000 ounces, and the net profit per day was close to $300000!
London gold broke out unparalleled energy in the first two trading days of the new year, and the huge bull force made the gold price soar.
In the past ten trading days, although the gold price fluctuated slightly, it did not affect Yang Jing and Cesar.
What makes them even happier is that in the face of this crazy surge in gold prices, the low market intelligence of the governors of major central banks and financial leaders around the world is undoubtedly exposed, because before that, in order to stabilize the international gold price, the major central banks were desperately selling gold reserves. For example, the U.S. Treasury auctioned a total of 6% of the Federal Reserve's gold reserves.
Now, in the face of such a strong gold bull market, they began to talk about restoring the traditional role of gold in the monetary system. A typical example is U.S. Treasury Secretary Miller. On January 16, 1980, the goods unexpectedly announced that the U.S. Treasury would no longer use the way of reducing gold reserves to stabilize gold prices. As a result, less than half an hour after the declaration was announced, the international gold price rubbed It soared up to $30 ounces, directly broke through $700 ounces, and steadily stood at the high of $715 ounces at the close!
The next day, that is, on January 18, the international gold price directly exceeded US $800 ounces; then, after two days of closed on Saturday and Sunday in the London gold market, after opening on January 21, the gold price rose all the way and quickly approached the historical high of US $850 ounces!
By this time, Yang Jing's 52000 hands of London gold had made a profit of nearly $300 per ounce, while Cesar's 80 hands of London gold had made a profit of more than $210 per ounce.
In just 20 days, Cesar alone made a profit of $1.7 million!
Both Cesar and his four players have been deeply impressed by the mysterious Mr. Smith. They are not only enjoying huge profits, but also deeply annoyed.
If I had more courage before the market opened on January 2, even if I invested a little more, I'm afraid the profit now is more than 1.7 million.
Let's take a step back. Even if everyone takes out 200000 US dollars when deciding to build a full warehouse for the second time, now one can get 580000 US dollars!
As a team that has worked hard in the London international market for five or six years, they made a profit of 280% last year. In fact, the five of them still have some money.
I can't say that a person can give a million dollars, but it's absolutely no problem for a person to give half a million dollars.
If each of them gave half a million dollars on January 3
But now they have no way to regret. After more than 20 days of crazy rise, even Cesar had a little fear in their hearts at this time.
Seeing the international gold price rise from 512 US dollars an ounce to nearly 850 US dollars an ounce in just 20 days, Cesar also felt that something had gone wrong.
At present, the international gold price involves too many aspects. Apart from that, the international gold price is so strong that the strong US dollar immediately withers. Will Americans sit back and watch their currency wither?
Just as the international gold price broke frantically towards the high of 850, the mysterious Mr. Smith said: "Mr. cook, we started clearing our positions at the price of 833 US dollars an ounce this morning! All our London gold must be cleared before the market closes this morning!"
For more than 20 days, the mysterious Mr. Smith seldom spoke, but now he suddenly spoke. Cesar and his team members were relieved.
"Is there really a big man who will come forward to end this crazy market?" Cesar not only remembered the process of arguing with Mr. Smith on New Year's day.
"Unless a big man publicly stands up and declares to curb the price of gold by tough means, it is possible to eliminate people's panic!"
This is what I said that day!
No matter what Cesar thought, under his command, his four players, including himself, began to slowly clear the warehouse.
The order given by Yang Jing is the clearance price of 833 US dollars an ounce. Under this price, the value of 52000 London gold in Yang Jing's hands has reached US $4.33 billion!
However, in the face of such a crazy market, in the face of a huge bull market, and in the face of more than $1.6 trillion of trading funds every day, these gold worth $4.33 billion was swallowed up immediately as soon as they were sold. In a few minutes, all 52000 London gold were cleared!
Of course, when operating Yang Jing's London gold, Cesar did not forget to clear all their London gold.
When Cesar and his team finished clearing all their positions and happily prepared to calculate the harvest of this investment, the mysterious Mr. Smith gave another order.
"Mr. cook, please continue to use the leverage ratio of 1:100 to fill the short position at the price of US $842 oz! The operating capital for building your position this time is US $138 million!"
"Short?" Cesar was startled by this order. Seeing that the gold price was about to break through 850 US dollars an ounce, and the increase was so fierce, he was short at this time
However, seeing Mr. Smith's smiling expression, Cesar's heart clicked and immediately ordered to start short
According to the normal operation method, Yang Jing should first operate with a lower leverage ratio, and reserve at least $10 million of reserved funds in his hand, so as to make up the position in time in case of fluctuations in the gold price. If there is no money in hand to cover the position, it will be forced to close the position immediately and eventually lose everything.But how can Yang Jing, who is familiar with the performance of gold prices for more than a month, miss such a great opportunity? Therefore, under his tough attitude, Cesar cook can only reluctantly follow Yang Jing's orders.Even so, Cesar is uneasy. Once something goes wrong, Yang Jing jumps out of the building. He can't and doesn't want to control Cesar, but they really ran away in vainTo the surprise of Cesar and his team members, the price of gold has been rising all the way since the opening of the market. After the gold pricing at 10:30, the price of gold is still strong and upward!The fact that central banks sold gold reserves did not stabilize the price of gold, but stimulated the madness of bulls. Until the market was closed at 11:30 noon, the price of gold steadily stood at the high point of $543 ounces.During this period, the price index line of London gold, let alone the decline, did not even show a trace of fluctuation. It was directly an oblique upward straight line, stretching from 512 to 543. It was straight like an aircraft cable in the skyIf Yang Jing ordered to clear the gold at this time and calculated according to the profit of $25 per ounce, Yang Jing had made a net profit of $130 million in just two hours!However, Yang Jing obviously won't sell these gold at this time. Today, it just rose a little, which is far from Yang Jing's expected goal!I don't know. I'm really scared! As a result, Cesar cook and his team members did not relax all noon. Looking at Yang Jing's eyes was like seeing a ghost!In the afternoon, the gold price did not fluctuate much. At the end of the market, it rose a little. Finally, after the end of the market, the gold price stood steadily above the high of $548 ounces.Even at this price, there is a net income of more than $30 per ounce. The income in four hours a day is more than $150 million!Seeing the closing of the market, Yang Jing smiled and said, "let Mr. al prepare a big meal in the evening, and we can celebrate first." with this sentence, Yang Jing went to his room.Cesar cook and his team members were shocked and regretted when they saw Mr. Smith leave so smartly.Today's gold price trend undoubtedly has a strong impact on the five of them, especially Cesar. He has worked hard in the international gold market for more than ten years, but he has never seen such strange but accurate operation. Don't say you've seen it, even if you've heard it.Full positions, the highest proportion, and in the case of earnings of up to $30 ounces, they are still unmoved and still insist on full positions."Shit! What is he doing?" several people looked at each other and found the shock in each other's eyes.Compared with such a sharp operation and such a calm attitude, Cesar cook and several of them are more regretful.With the permission of Mr. Smith, Cesar cook negotiated with the team members last night and each took out $300000 to invest. However, their money is limited, and they earn it hard, so they are still very careful about their own funds.As a result, this caution did not matter. Not only did they not use the highest leverage ratio to build their positions at the lowest price, but also watched the gold price rise all the way. When they built their positions at $535 with a ratio of 1:20, the final profit on that day was only $13 ounces.They are far from that bold and ruthless Mr. Smith.The blonde hank cross whispered, "boss, why don't we clear the warehouse tomorrow and build the warehouse like this Mr. Smith?"Emily Ballmer, a beautiful freckle girl, also said, "boss, I think Hank's proposal is good. I think Mr. Smith is absolutely confident that he will do so. Who knows if he has any inside information? I think as long as we follow him, we will gain a lot this time."Cesar cook did not speak, but looked at Albert with a full beard.Albert, with a beard and black framed glasses, shrugged his shoulders and said: "Boss, don't look at me, we all listen to you. But what I want to say is that today we witnessed a miracle. At the command of Mr. Smith, we also became the creator of the miracle. God, with a principal of $27 million, full position and maximum leverage ratio, we made a profit of $150 million in just four hours and net income The rate is as high as 555%! Boss, I really can't think of a reason why we don't follow Mr. Smith's footsteps! I don't think we can give up this opportunity. "The last ordinary looking young man nodded and said: "Boss, that's what I mean. If Mr. Smith dares to do this with $27 million, even if each of us only takes $100000 to follow Mr. Smith, we don't have any danger even if we are forced to close our position. Besides, according to my intuition, I don't think we will screw up this time."Hearing that all four of his men said so, Cesar cook thought for a long time. Then he bit his teeth and said, "well, since you all agree to do so, let's clear the warehouse tomorrow, and then each of us will invest 100000 US dollars to build the warehouse with the highest proportion."Hearing Cesar's words, several players clapped each other excitedly, as if they had made a lot of money tomorrow.No wonder they are now like this. From the initial disbelief to today's complete conviction, Mr. Smith spent only four hours trading time.Cesar and his team also personally operated this miraculous operation, with a net return of more than 500% a day, something they dared not even think about before.Although their return on the international gold market last year was as high as 280%, which is also a very proud achievement, compared with Mr. Smith's means today, their return is not worth mentioning at all.One is that it took a year to make a profit of 280%, the other is that it made a profit of more than 500% in just four hours! How can you compare? It's impossible to compare!Unfortunately, Cesar, what they never thought was that this was only the beginning of Mr. Smith, and the real madness was still behind. When they fully saw the crazy means of Mr. Smith, the five of them regretted again.In Cesar's words - we should have done our best when we knew London gold would be so crazy! As a result, because of our caution, we missed the best chance to become a billionaireThe next day, on January 3, 1980, the price of London gold soared like a rocket. When the market closed in the afternoon, the closing price steadily stood at the high point of US $634 ounces. In one day, the international gold price soared by US $86 ounces! In two days and eight hours of trading, the net income per ounce of London gold purchased by Yang Jing was as high as US $116 ounces!Although each of the five cesars took out US $100000 and built a position with a leverage ratio of 1:100, they couldn't buy much London gold with a controllable capital of only US $50 million. Moreover, because of the crazy rise in the international gold price today, Cesar and others were a little unprepared. Finally, the cost of building their position was as high as US $598 ounces, which was higher than that of Smith Mr. Smith's position cost an extra $80 an ounceHowever, the profit of up to $36 an ounce also made Cesar happy. They controlled the capital of $50 million, filled the warehouse with 80 London gold, that is, 8000 ounces, and the net profit per day was close to $300000!London gold broke out unparalleled energy in the first two trading days of the new year, and the huge bull force made the gold price soar.In the past ten trading days, although the gold price fluctuated slightly, it did not affect Yang Jing and Cesar.What makes them even happier is that in the face of this crazy surge in gold prices, the low market intelligence of the governors of major central banks and financial leaders around the world is undoubtedly exposed, because before that, in order to stabilize the international gold price, the major central banks were desperately selling gold reserves. For example, the U.S. Treasury auctioned a total of 6% of the Federal Reserve's gold reserves.Now, in the face of such a strong gold bull market, they began to talk about restoring the traditional role of gold in the monetary system. A typical example is U.S. Treasury Secretary Miller. On January 16, 1980, the goods unexpectedly announced that the U.S. Treasury would no longer use the way of reducing gold reserves to stabilize gold prices. As a result, less than half an hour after the declaration was announced, the international gold price rubbed It soared up to $30 ounces, directly broke through $700 ounces, and steadily stood at the high of $715 ounces at the close!The next day, that is, on January 18, the international gold price directly exceeded US $800 ounces; then, after two days of closed on Saturday and Sunday in the London gold market, after opening on January 21, the gold price rose all the way and quickly approached the historical high of US $850 ounces!By this time, Yang Jing's 52000 hands of London gold had made a profit of nearly $300 per ounce, while Cesar's 80 hands of London gold had made a profit of more than $210 per ounce.In just 20 days, Cesar alone made a profit of $1.7 million!Both Cesar and his four players have been deeply impressed by the mysterious Mr. Smith. They are not only enjoying huge profits, but also deeply annoyed.If I had more courage before the market opened on January 2, even if I invested a little more, I'm afraid the profit now is more than 1.7 million.Let's take a step back. Even if everyone takes out 200000 US dollars when deciding to build a full warehouse for the second time, now one can get 580000 US dollars!As a team that has worked hard in the London international market for five or six years, they made a profit of 280% last year. In fact, the five of them still have some money.I can't say that a person can give a million dollars, but it's absolutely no problem for a person to give half a million dollars.If each of them gave half a million dollars on January 3But now they have no way to regret. After more than 20 days of crazy rise, even Cesar had a little fear in their hearts at this time.Seeing the international gold price rise from 512 US dollars an ounce to nearly 850 US dollars an ounce in just 20 days, Cesar also felt that something had gone wrong.At present, the international gold price involves too many aspects. Apart from that, the international gold price is so strong that the strong US dollar immediately withers. Will Americans sit back and watch their currency wither?Just as the international gold price broke frantically towards the high of 850, the mysterious Mr. Smith said: "Mr. cook, we started clearing our positions at the price of 833 US dollars an ounce this morning! All our London gold must be cleared before the market closes this morning!"For more than 20 days, the mysterious Mr. Smith seldom spoke, but now he suddenly spoke. Cesar and his team members were relieved."Is there really a big man who will come forward to end this crazy market?" Cesar not only remembered the process of arguing with Mr. Smith on New Year's day."Unless a big man publicly stands up and declares to curb the price of gold by tough means, it is possible to eliminate people's panic!"This is what I said that day!No matter what Cesar thought, under his command, his four players, including himself, began to slowly clear the warehouse.The order given by Yang Jing is the clearance price of 833 US dollars an ounce. Under this price, the value of 52000 London gold in Yang Jing's hands has reached US $4.33 billion!However, in the face of such a crazy market, in the face of a huge bull market, and in the face of more than $1.6 trillion of trading funds every day, these gold worth $4.33 billion was swallowed up immediately as soon as they were sold. In a few minutes, all 52000 London gold were cleared!Of course, when operating Yang Jing's London gold, Cesar did not forget to clear all their London gold.When Cesar and his team finished clearing all their positions and happily prepared to calculate the harvest of this investment, the mysterious Mr. Smith gave another order."Mr. cook, please continue to use the leverage ratio of 1:100 to fill the short position at the price of US $842 oz! The operating capital for building your position this time is US $138 million!""Short?" Cesar was startled by this order. Seeing that the gold price was about to break through 850 US dollars an ounce, and the increase was so fierce, he was short at this timeHowever, seeing Mr. Smith's smiling expression, Cesar's heart clicked and immediately ordered to start short
