How's gold today?"

Arthur leaned back in the boss's chair a little lazily, took two sips of the black teacup, and after putting it down, he looked at Smith Jama and asked.

The current price is $1,052 an ounce, a slight increase, but according to information from the International Monetary Fund, the Central Bank of Argentina intends to buy 200 tonnes of gold from the organization for international reserves, which, if true, would account for half of the 403 tonnes of gold that the IMF agreed to sell in September.

According to our analysis, the purchase of gold by the central bank of Argentina is only a prelude to the purchase of gold as a reserve asset by central banks in the future, and the expectation of rising demand for gold as a reserve asset will promote the rapid rise of gold.

In addition, the technical buying triggered by gold after breaking through the previous all-time high of $1,072, as well as the news that the Bank of England may expand the size of the money supply on the fifth day, will push the dollar exchange rate and provide positive factors for gold to rise sharply.

So, I think the next trading day is very important, whether it is for Forex, Crude Oil or Gold. Smith Jama said with a solemn and expectant face.

"Hehe, it seems that there is another good market. Seriously, I regret that I let you only use 20 times the leverage in the first place, if you were more bold and directly use 100 times leverage, maybe the funds for the acquisition of coastal power plants would not have to borrow from the bank... Arthur shook his head with some regret and sighed.

At the beginning, he only wanted to get a sum of money to hoard a sum of gold, because he knew the general trend, no matter how many ups and downs in the middle, he just had to sit and wait for the appreciation of the value.

However, now that he has been operating several consecutive BO segments, he has tasted the great sweetness and maximized his benefits, so how can he choose to sit and wait for the physical gold.

"Twenty times leverage, $1.2 billion, a total of 1,165,000 ounces, at the current price of $1,052 per ounce, you have already made a profit of more than $23 million on your books, and if, as we expected, there will be a big rise in the next few days, I think your profit will be even greater.

At present, 20 times the leverage is the safest and most stable, more than 40 times, the risk will be very large, because after each big rise, will face profit selling pressure, and the most critical factor is that the short positions in the international gold futures market are mainly gold miners, as gold miners continue to buy short contracts back to close their positions, the number of short positions has gradually decreased, and the momentum to boost the rise in gold prices in the future is actually weakening.

If gold rises sharply in the short term, it will inevitably usher in profit-taking pressure, and the price will fall inevitably, and we cannot ignore this risk. ”

Smith Jama understands the boss's unwillingness, but he also has to advise him not to take greater risks since he can keep the risk under control and make a steady profit.

The sadness of many people in the financial markets is that they always put the cart before the horse, always fantasizing about high returns, but never adding to the foundation of such returns. After n years, I still see that I am still spinning in place, wasting my life in self-made cleverness, and constantly reincarnating in impetuous remorse.

In Smith's opinion, his boss has been lucky enough in the world of financial investment, not only to make money, but also to win time.

Smith Jama has been trying to change the single investment option of his young boss from the beginning, and the trend of gold during this period is indeed surprising and surprising, and it has also brought rich returns, however, as an investor, you must not put all your eggs in one basket.

Fortunately, his boss accepted the suggestion and bought the stocks of many companies, and this time he instigated his boss to take out money to speculate in foreign exchange futures, just to make his boss's investment balanced.

"Solid returns" is a safe phrase, but unless there is already a large base, the so-called "flat 20% per annum" is neither possible nor likely to meet financial targets. It is indeed extremely difficult to achieve a compound rate of return of 25% in the long run, but another characteristic of investment returns is the "unevenness" of returns. Recognizing the causes and significance of this inhomogeneity is the only way to increase the probability of success.

Moreover, your boss is sometimes too anxious to make money, you know, the rate of return is not in a hurry, as long as you don't make big mistakes and insist on doing the right thing, a good return is only a matter of time.

Speaking of gold, my boss pays too much attention to gold investment, don't, I think that pigs have been flying in the sky for a long time, and I really think that I also have a pair of invisible wings. In fact, it's just that the wind hasn't stopped.

There is no smarter way to make a name for yourself in this world than to bite one direction, because you will always be right once, or even for a long, long time. But there's nothing more stupid than being a smart investor.

Truth be told, Smith Jama is worried that his young boss, in a favorable environment, will become inflated, resulting in a kind of megalomania that invests very simply, which is not alarmist, but has a lot of self-righteous lessons to end up in the streets.

Is it easy to invest?

Of course, if you hide the tedious data collection and analysis process, don't tell the business logic that advances step by step in the business analysis process, don't show him a lot of thinking process and continuous progress in continuous discussion, and just directly give a result and general reason, then it seems to be "very simple" indeed.

Arthur couldn't read minds, so he naturally didn't understand the hard work of his men, but even if he did, he would laugh and tell Smith that he was thinking too much. Arthur was more sober than anyone else, and he never underestimated the risks in the investment world.

He is also very clear about his original intention of making financial investments and its preciousness, that is, for his future, he will never waste time on things he doesn't like, and he will freely arrange things that interest him. Let making money serve life, not life serving making money.

"Hehe, since there is a risk of falling, then we still choose to settle down, wait for the price to fall, and then re-enter, and get the difference in the good market first!" Arthur made a decision with a smile.

Hearing the boss's decision, Smith also breathed a sigh of relief, and finally didn't have to think of ways and reasons to convince his boss, and now with this advance decision, he can make a decision directly according to the actual situation.

After Smith left, Arthur called his secretary in, took a sip of black tea, looked up at his secretary Jenny and asked, "Did the gym I asked you to find me have any results?"

"There you have, boss. Secretary Jenny's eyes lit up, and then after saying sorry first, she turned around and walked out of the office, and soon walked back with a few promotional leaflets in her hand, came to the desk, put the promotional leaflets in her hand one by one in front of Arthur, and began to introduce.

"Bodyism, this is a new type of fitness club, the fitness instructors in the club are all young people, male and female trainers, with enviable muscle lines and a dizzying array of toning fitness meals. The marble dressing room is even more high-end, and thick down towels can be enjoyed to the fullest. In particular, you can receive private instruction in a perfectly lit private training area.

Third Space, a boutique fitness studio, is a huge space with a glossy industrial New York architectural style, a large indoor swimming pool, a hot yoga studio, and a sprint track...

Embody Fitness, a fitness trainer that promises to help people get rid of excess body fat in just eight weeks, making their clients' bodies more attractive. However, the process will involve tedious and tiring assessments. There are three private training sessions a week, focusing on endurance and weight appeal, in the form of squats, kettlebells and sledding exercises to help you build a solid muscle tone and promote metabolism in the body.

According to my private inquiries and consultations, this set of courses from Embody Fitness has indeed been effective... ”

Listening to the secretary Jenny's detailed report, Arthur couldn't help but appreciate his secretary, who did not have a high sense of existence, he liked people who were serious and careful.

"Hehe, thank you, since you strongly recommend it, then choose this Embody Fitness, which happens to be in Canary Wharf, which is also convenient. Arthur reached out and picked up the promotional color page, looked at the photos on it, the white decorative space, plus the black various fitness equipment, brought visual impact to people at the same time, but also felt more fashionable, with comfort and beauty coexist.