Chapter 104: Rich People Believe You Can Have Both Fish and Bear's Paws

If you don't spend the bank's money, you feel uncomfortable!

This is a true portrayal of people in many Western developed countries under the idea of early consumption, and the idea of "saving enough money to buy again" is indeed no longer suitable for this era of impulsive consumption.

The financial philosophy of "early debt" has led to an "early enjoyment" lifestyle.

And the rich always want to borrow chickens to lay eggs, use the money from the bank, other people's money to serve themselves, and finally put themselves on the road to prosperity.

Some people say that a person has a debt of 50,000 yuan, which means that he is responsible, a person who is in debt of 200,000 yuan, which means that he understands finance, a person who is in debt of 500,000 yuan, which means that he has the ability to repay, and a person who is in debt of 1 million yuan, which proves that he has a car and a house, and his future life is happy, and a person has a debt of 10 million, and life is a kind of taste and luxury!

And if a person has a debt of 50 million, he may be the CEO of a listed company. If a person is in debt of hundreds of millions, then he must be able to influence society.

Arthur, who walked out of Santander, had an extra Β£35 million in his personal account, and he didn't know what kind of person he was now, but he knew that he was really rich now.

With money, everything is different, standing in front of the gate of Santander, Arthur even feels that life is full of miracles, the air is sweet, and the sky of London with some dark clouds is so beautiful...

It gives you the power to react from your higher self rather than from your fear-born, lower self. It allows anyone to be the best version of themselves and fulfill your destiny.

"From today onwards, I will create my life. ”

Arthur strode toward the parked car on the side of the road, his steps becoming more and more calm and firm, and he muttered imperceptibly.

"Boss, where are we going now?" asked Attorney James after getting into the car.

"Back to the starting point company. Arthur said that now that he has money, he naturally has to start making money work hard for himself, and only in this way can he not work.

According to the requirements of the young boss, the starting point investment company is temporarily putting down the T+0 speculation plan that is being prepared in hand, sorting out and analyzing the information and prospects of the gold futures market.

Although Smith Jama is a little unclear, but since it is the boss's request, they will naturally not slack off, fortunately, they are professional enough, and they also have real materials, although they are not experts in gold futures, but according to the information, there is no problem in analyzing and interpreting.

When Arthur returned to the company, he immediately called a meeting to hear the debriefing.

"Based on all the data and information available, we have discussed it and come to the conclusion that although the month of September has ended, the price of gold has been on a roller coaster, quickly standing above $1,000 and then falling below $1,000 shortly after.

At that time, due to the impact of the market demand for gold greater than the supply, and under the influence of the financial crisis, investors were optimistic about the hedging function of gold, coupled with the strong demand for gold investment in the market, the future trend of gold is expected to challenge $1,100 per ounce, and the short-term gold price will be supported by around $950. ”

At the beginning of the meeting, Smith Jama directly told Arthur what they had reached, which made Arthur, who knew the general trend of gold, nod with satisfaction, although the conclusions of his subordinates were in line with the general trend he knew, but he still continued: "Can you say something specific? I want to hear the reasons for your conclusion." ”

"Okay, boss. Smith Jama immediately replied, handed a document to Arthur, and said, "This is the key data and some analysis that we put together... Although the financial crisis has been effectively alleviated under a series of blood transfusions and other rescue actions, the performance of gold prices has excited investors in the case of a weak commodity market, and it has persisted above $1,000 for nearly half a month, giving investors the illusion that DU is running immediately.

From 25 September, however, the situation took a turn for the worse. On the same day, affected by the increase in the supply of U.S. crude oil, international oil prices fell sharply by nearly five percent, and the price of crude oil futures in New York fell below $66 per barrel intraday, and the Dow Jones index also fluctuated and fell due to the decline in U.S. housing sales, falling below 9,700 points intraday.

In addition, the dollar index, which is negatively correlated with commodity trends, has seen a long-awaited recovery and is likely to stabilize and recover in the near future.

Under the combined effect of these factors, the international gold price began to pull back and fell directly below $1,000. According to our analysis, this pullback in gold prices is likely to fall to the previous low near $950.

In fact, speculative money that has been focused on short-term speculation is also showing signs of withdrawal. Smith Jama looked at the reaction of his young boss with a slight frown, paused slightly, as if to give Arthur time to digest, and after Arthur nodded, he continued: "Some investors who have made short-term profits may choose to leave the market, which will bring the price of gold back to the previous range of $950 to $1,000."

Nevertheless, we remain bullish on the direction of gold prices. According to the data, the holdings of gold ETF funds continued to increase, among which the world's largest gold ETF, the latest data released by SPDR Gold Trust Fund showed that as of September 21, SPDR held 1101.73 tons of gold, a significant increase of 15.25 tons from 1086.48 tons, a rare increase in several quarters, indicating firm bullish confidence.

In the futures market, official data from the United States showed that on September 18, speculative net longs in gold futures rose to the highest point since 1993... ”

β€œγ€‚γ€‚γ€‚ What about the cost price of most long-term gold investors?" Arthur asked the question he was most concerned about, which was a normal reaction, always wanting to ask others how much money they bought.

"The average cost of gold held by long-term investors is currently between $800 and $850. This time, it was not Smith Jama who answered Arthur's question, but another subordinate named Powell, who seemed to know the boss's thoughts, and continued to add, "Gold's recent adjustment is not enough to affect the investment strategy of long-term funds." ”

"That's true, but gold may have another rally in the near future. Smith nodded in agreement, looked at his young boss and continued: "The current international political and economic situation has not fundamentally changed, and the safe-haven demand and inflation expectations have not changed compared with the past. Although the dollar index has stabilized, the Fed decided to keep the current interest rate unchanged at the interest rate meeting, and the market is worried that the dollar may fall again.

With Christmas and New Year approaching, speculative money may enter the market again at any time, and it is not difficult to return to $1,000. ”

After listening to the report, Arthur looked at the documents in his hand and pondered for a moment, to be honest, he was also hesitating and struggling in his heart at this time, after all, this investment is his entire net worth, saying that he is not worried, not afraid that it is fake, although he knows the general trend, but the general trend is just the general trend, and it cannot be used as a golden rule.

Investment still needs to be analyzed on a case-by-case basis, which is why he asked his subordinates to discuss and analyze to give himself a little confidence.

"I have more than 30 million pounds in my hand now, and I want to buy all the gold, what do you think?" Arthur finally opened the riddle, looked at the surprised expressions on everyone's faces, and said very calmly.

There was silence in the audience, Smith Jama and everyone present were really surprised and surprised, although they guessed that it was possible for the boss to ask them to sort out and analyze the gold market to invest in gold, but they didn't expect it to be so much money.

Well, they don't look down on their boss, the main thing is that they don't know that their boss is so rich, after all, the funds for their operation are only one million pounds, and now they suddenly say that they want to buy more than 30 million pounds of gold, this contrast is still a little unacceptable to them for a while.

It turns out that his boss is really rich。。。。。。

Smith Jama, on the other hand, was even more excited, ashamed of his previous doubts about his boss's financial level, and was able to spend more than 30 million pounds to buy gold investment, how rich does it be?

Although Arthur didn't know what his subordinates were thinking, he was very satisfied with everyone's expressions, and he was surprised, giving you a million to operate, not because Lao Tzu has no money, but because Lao Tzu doesn't know what your ability is.

"Ahem, boss, in the current economic environment, gold's hedging function is indeed the best choice, a good choice to resist inflation, investing in gold mainly in the following ways, physical gold, paper gold, gold futures, gold stocks and linked gold financial products to achieve value-added. Smith Jama coughed lightly and did not say a suggestion that interfered with the boss's own judgment, but introduced the main ways to invest in gold.

"What's the difference?" asked Arthur with a slight nod.

"Physical gold has good appreciation potential, but it is very inconvenient to keep, and paper gold can circulate in both directions without worrying about physical damage, which is a good investment choice.

If you are more aggressive, you can choose gold futures or gold T+0 to maximize the return with less capital, but these two investment methods are more risky, and participants must have strong professional knowledge to control. ”

After listening to the introduction, Arthur, who had other plans, showed a very indifferent smile and said: "Then buy all the physical gold, because I want to use the physical gold I bought as collateral for a loan!"

Gold Pledge Refinancing!

This is a plan that Arthur came up with after a seemingly unintentional consultation when he signed a farm mortgage with Santander Bank before.

Although physical gold has the function of preserving value, because it is difficult to liquidate, and the risk of short-term realization is relatively large, if the price of gold continues to rise, Arthur will undoubtedly face a loss of income.

The advantage of gold pledged loans is that gold is used as collateral, so that investors can not only obtain liquidity support, but also obtain the due income of the product. That's the best way to kill two birds with one stone!