Chapter 0685 Is 100 times a cowardice

"Ahem...", Li Zitao was frightened this time, and he opened his mouth four or five hundred times, big brother, are you crazy or floating?

Rubbing his temples lightly with his fingers, Li Zitao suddenly wondered why Barclay was so enthusiastic all of a sudden.

"Isn't it too high?" asked Li Zitao, pretending to be nothing.

"It's a belief in you, Charlie. Andrews said with a smile.

100 million, 500 times, "I'm afraid my photo will appear on the black market, hang the red bounty amount!"

Thinking of this possibility, Li Zitao felt that it was better to be safe, just play 100 times, and the account with Morgan has not yet been settled, and it is too high-profile to attract attention.

"100 times, time... 2 months. "100 times, the risk is what Li Zitao can bear, and he is still not suitable for too crazy rhythm.

Besides, 100 times more than few dare to use it, this can't be considered cowardice!

"Don't you think about raising it any more?" Andrews asked again, as if wishing he could increase the leverage.

"No, 100 times is enough, what is the margin ratio?" Li Zitao said with certainty.

The more enthusiastic the other party is, the more careful he becomes, but the Great Depression undoubtedly proves that his memory is correct, such a good opportunity to make money, it would be a pity to let it go.

In two days, the end of the month will be reached, and in early November, China will announce its departure from the silver standard and the introduction of a new monetary system.

In fact, this aspect did not hit the price of silver very much, and then Washington announced that it would stop buying silver, which was the reason for the collapse of silver.

The reason why Washington stopped buying silver was to force Huaguo to peg its fiat currency to the U.S. knife and let it join the U.S. knife group.

This suspension of purchases was inevitable, because if Washington continued to buy, Huaguo would have enough silver to exchange for foreign exchange in the market and successfully join the sterling group.

This has a bearing on the future status of the United States, its interests in the Far East, and the international status of the American sword, and Roosevelt will never allow fiat currency to join the British pound group.

After the negotiation, the margin ratio was 11.9 percent, and Li Zitao handed over the rest to the think tank, and the think tanks knew more about it than him.

"If I'm not mistaken, I'm going to double my worth at the end of this deal. Li Zitao pulled his cuffs and thought to himself, should he have a few more good watches for himself.

Not to mention that the decline in his memory is more than half, even if it only falls by one-third, he can also earn half of the blue and white chamber of commerce, and this is cash!

Market capitalization is market capitalization, and cash is cash.

roughly calculated, Li Zitao is now worth at least 5 billion, and the cash he can use is only 100 million.

In this regard, Li Zitao is no different from other capitalists, and the only difference is that the debt ratio of the industries under his name is particularly low.

Skunk doesn't count, otherwise it would have gone bankrupt long ago with its debt ratio.

"If we can sell a few hundred more Dayun, the skunk's debt can be repaid. Thinking of this, Li Zitao became more interested in the inspection in a few days.

While Li Zitao was following his trades, there was a new silver single shot in the New York market.

15 kg/lot, sell more than 5,000 lots.

The next day, 30,000 lots were sold at 15 kilograms per lot, and the silver price fell slightly on the same day, but was soon pulled back to the 80-cent line.

On the third day, fewer were sold, less than 2,000 lots.

On the fourth day, November 1, 20,000 lots were sold.

Just when many buyers were curious about who it was, this account disappeared, and it seemed that the silver in the other party's hand was empty, and since this was the case, there was no need to pay attention to it anymore.

Only Li Zitao knew that this was Mobil shipping, and all 30 million ounces of silver were sold, making a profit of more than 2,000 yuan.

On November 3, in anxious waiting, Li Zitao finally heard the good news.

The Ministry of Finance of the Xijing government issued an announcement announcing the implementation of the fiat currency system nationwide, and the fiat currency of the pit father finally came to power.

This reform has completely decoupled the Chinese currency from silver, and is no longer limited by the market pressure caused by the outflow of silver.

However, the Xijing government did not have enough gold and silver to determine the gold content of the fiat currency, so they should then buy gold and silver in China and ship it to the London Metal Exchange for cash in exchange for sufficient foreign exchange to issue reserves.

At that time, Roosevelt should not be able to sit still, and he will make a lot of money and close his position.

Silver has been very little fluctuating lately, pegging around 36p in London and around 80 cents in New York.

"Boss, this operation is too risky, two layers of fluctuations will make you bankrupt. Communicating with London on the phone, Ben was still a little complaining.

These days, the cost of transatlantic calls alone is tens of thousands of yuan, and the market is open 24 hours a day, and the think tank is stared at 24 hours a day.

Unless the signal is unstable and the connection is suddenly disconnected, the phone is connected at other times, and the change of each point is transmitted to the think tank through the other side of the ocean.

What makes Ben feel relieved is that so far there has been no 'small' price fluctuation, only a 'small' fluctuation, which will not affect Li Zitao.

"If you want to have fun, now is a great opportunity. Li Zitao sat next to him, pointing to the large plate drawn by the think tank and said with a smile.

"I've had people buy 160,000 lots. Ben said very calmly.

The Great Depression's 'getting rich overnight' was a miracle he could never forget in his life, and Li Zitao has never touched the stock market since then.

Now that he can speak in person, it means that he has absolute confidence.

Besides, it's just 1 million US dollars, and if he really loses it, he will feel distressed for a few days, and it will have no impact on him, and if he earns it, he will be rich.

"I was told I was taking a risk... You guy. Li Zitao looked at him dumbfounded for a long time before he came back to his senses and pointed at him and scolded with a smile.

"I trust your judgment. The corners of Ben's mouth tugged back.

"If you want to make money, just say it... Now that you've got the benefits, I'll leave it to you here, hard work. Stretching out his hand and pressing it on Ben's shoulder, Li Zitao turned around and walked out.

After staring at the club for several days, he was about to die of boredom, and his heart was up and down every day, so it was better to be out of sight and out of mind.

Since the announcement of the issuance of fiat currency on the 3rd, the central bank has announced the foreign exchange rate on the 5th, and the first day announced the fiat currency against the British pound: 1 fiat currency = 1 shilling 2.5 pence.

Over the next few days, the fiat currency exchange rate was announced on a daily basis, which was tantamount to the inclusion of fiat currency in the sterling bloc.

"The British have a lot of industry in China, the fiat currency has been added to the pound, and the economic relationship between the two sides has become more intimate... Roosevelt was angry right now, right?"

On the way home by car, Li Zitao said with a smile, but he hoped that Roosevelt would make a decision as soon as possible.

As the president of the United States, how can you let a silver group threaten them, quickly kill them, "so that I can eat a mouth full of oil!"