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Happy Tycoon - Chapter 924

Published at 29th of September 2021 01:26:06 PM


Chapter 924: 924

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Although Atlantic capital, an international hot money giant, brought a huge amount of funds into the market, it did not make any great changes to history. For example, the international crude oil price rose more fiercely than the original history, or there was any difference in price.

In fact, with the intervention of Atlantic capital, the crude oil futures market has become more stable. Everything is under the control of funds and is developing orderly according to the original historical development trend.

This is due to the precise control of NIAM Wilson. When NIAM first joined KY investment fund, he was dug up by his friend Henry only because he was unhappy at Goldman Sachs.

At the beginning, when NIAM just joined KY investment fund, he only served as a director on the board of directors of the 27 American companies invested by KY investment fund. However, after all, NYAM has been a senior of Goldman Sachs, and his own quality is still very excellent. Later, Yang Jing asked him to serve as the CEO of kya capital, the predecessor of Atlantic capital, and also as the executive vice president of KY investment fund. As a result, he did a very good job.

Later, KY investment fund renamed kya capital Atlantic capital and was responsible for speculation in harvesting the heritage of the former Soviet Union. In the speculation that lasted for several years, NIAM did very well. He fully understood Yang Jing's orders and secret style, and made the speculation almost seamless, so he was appreciated by Yang Jing.

In this speculative action against the global crude oil futures market, NIAM once again played the style of harvesting the legacy of the former Soviet Union, divided the massive funds into countless small accounts, used an efficient trading team to control these tens of thousands of accounts, and began to secretly establish long positions in the world's major crude oil futures markets.

In itself, the international community was full of doubts about the Bush administration's preparations for Iraq. In addition, such huge funds began to slowly support the market, and the international crude oil price immediately began to grow slowly.

Because the funds of Atlantic capital are scattered too fragmented, it is almost impossible for market monitoring to find the funds of Atlantic capital. They can only monitor that a large amount of international hot money begins to flow into the international crude oil futures market, but no one can find the specific source of funds.

Everything is done by international hot money!

As a result, a large number of long contracts began to appear in the international crude oil futures market, and gradually began to warm up the market. In addition, the Bush administration really started on Iraq, so the international oil price rushed up to $30 a barrel and never looked back!

However, this speculation on international crude oil prices is a long process, which will last more than ten years. Although the final income is amazing, it needs to be controlled and endure loneliness.

Similarly, there is speculation against the international gold market.

In fact, the trend of international gold price is almost the same as that of international crude oil.

After experiencing the ups and downs of the black swan market in 1980, the international gold market entered a big bear market for more than 20 years. Although the gold price broke through the $400 ounce mark due to the global stock disaster in 1987 and the first Gulf War, it will soon fall back, and it fell to the low point of $256.4 ounce on June 4, 1999.

The continuous decline of gold price made the banks of many countries a little unbearable. Therefore, on September 27, 1999, in order to prevent the gold price from falling further, the European Central Bank and 14 European countries signed the central bank gold sales agreement, also known as the Washington Agreement. The agreement decided to sell gold in five years, no more than 400 tons a year. Five years later, on September 27, 2004, the second phase of the central bank's gold sales agreement was renewed, and two more European countries joined the agreement.

This agreement is seen as the beginning of the bull market in the gold market, because since the signing of this agreement, the international gold price has begun to pick up.

At the beginning of this century, with the collapse of the Internet bubble and the US financial turmoil triggered by the 911 incident, the US monetary policy has been adjusted to substantially reduce the federal funds interest rate to a historical low level, so as to stimulate the economic recovery. Affected by this, the price of gold rose to around $330 an ounce in 2001.

Then, in 2003, the United States launched the war in Iraq, and the Bush administration brazenly took action against Iraq. The price of gold exceeded $400 an ounce that year, and for more than three years thereafter, the international price of gold fluctuated between $400 and $450.

By the beginning of 2006, the U.S. subprime mortgage crisis began to show gradually, and the international gold price rose in response. In just five months, the international gold price continuously exceeded $500 ounces, and finally reached the high point of $725 ounces. Then, it began to make technical adjustment and fell to the low point of $560 ounces.

But even this price is far beyond the price of gold at the beginning of the new century.

In 2007, the real estate bubble burst in the United States, and the gold price accelerated up under the influence of the subprime crisis. Before the financial crisis in 2008, the international gold price had exceeded 1000 US ounce historical highs, hitting a record high of 1032 US dollars.

At this time, the international gold price plummeted again.

Because the U.S. subprime mortgage crisis is getting worse and worse, Bear Stearns, the fifth largest investment bank in the United States, was acquired by * * * * at the price of $2 per share, Freddie Mac and Fannie Mae were taken over by the government, Merrill Lynch was acquired, Lehman Brothers was forced to collapse, and the global capital market was shocked. The stock market plummeted, the commodity market plummeted, the international oil price plummeted from US $147 to US $33.2, and the international gold price also fell from above US $1000 ounces to near us $680 ounces.

But then, in November 2008, the Federal Reserve announced the launch of the first round of quantitative easing, the famous QE1, to repurchase about US $1.35 trillion of government bonds, mortgage-backed securities and other "toxic assets". The international gold price, like the international oil price, immediately launched a comprehensive upward model. In August 2010, the second round of quantitative easing, That is, before QE2 was launched, affected by the weakening US dollar and the Greek crisis, the price of gold had climbed to around us $1386 an ounce.

With the outbreak of the Libyan war in February 2011, on August 5 of the same year, the international rating agency Standard & Poor's announced that it would downgrade the U.S. sovereign credit rating from AAA to AA +, and the rating outlook was negative. This was the first time in U.S. history that it lost its AAA credit rating, and then the gold price launched the most fierce offensive, In just 20 trading days, the price of gold has reached a historical peak of $1920 ounces.

Finally, after touching the high of US $1920, the international gold price began to dive high

Throughout the twelve years after entering the new century, the trend of international gold price is almost the same as that of international oil price.

However, compared with the international oil price starting from 2003, although the recovery time of the international gold price is earlier, there is no good speculation for the Dragon Fund before 2006.

The Dragon Fund specializes in speculating on the black swan market, so the speculation on international gold should start at the end of 2005, and then, like international crude oil, the international gold price has experienced two waves of sharp ups and downs from the first day of 2006 to 2012. This is a good time for the Dragon fund to sell.

The Pacific Capital controlled by David Anderson has long sharpened its knife. Two and a half years after the start of the international crude oil market, Pacific Capital quietly joined the international gold market with huge funds! Of course, the huge amount of capital of Pacific Capital is still "international hot money"

Everything is special because of international hot money!





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