Chapter 278: Suppressing Gold Prices

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“… Tim Verafana, executive member of the U.S. Federal Reserve, told the media that the current rise in consumer goods prices has directly damaged the recovery of the U.S. economy, so he believes that the federal funds rate should be appropriately raised to increase the attractiveness of U.S. dollar assets and boost the U.S. economy. In addition, we interviewed Fed Chairman Alan Greensfan, who said that there is indeed a debate within the Fed about raising interest rates and cutting interest rates, but it depends on the actual situation of the US economy!"

Looking at NBC's financial news, Guo Shouyun felt deeply solemn in his heart. There are many factors that affect gold, and the Federal Reserve raises interest rates, pulling up the value of the dollar, which is one of them.

"Boss, the price of spot gold in London has fallen by 49 basis points immediately since this news aired. If you can't find a favorable support point, I'm afraid that gold will continue to fall!" Qin Zhicheng said solemnly.

After a moment of silence, Guo Shouyun turned to ask, "How is it in Argentina?"

"The stock and currency markets have stabilized, but the effects of the financial crisis are still ongoing. Even two days ago, there was a strike in Buenos Aires. On the surface, though, the Argentine financial markets have stabilized!" said John Luthmi.

"How much is the price of gold now?" Guo Shouyun continued.

"Half an hour ago, the price was $272.36! But depending on the situation, it should continue to fall!"

Guo Shouyun nodded, and after thinking for a while, he was about to continue asking, but unexpectedly, Zhang Shaoling's mobile phone suddenly rang.

After the latter was connected, his face suddenly became solemn, making Guo Shouyun realize that bad news was coming again.

"Boss, I just received news that Canada's Buckry Gold Company and the United States' Newmont Mining Company have announced an increase in gold production, the former hopes to increase the company's gold production by 5% in the next three years, and the latter said that they will increase by 3% next year and 8% in the next three years!"

Buckry and Newmont, the world's first and second largest gold producers, respectively. Combined, the two sides produced more than 300 tons. Therefore, they also have a strong influence on the gold market.

The sudden bad news made the atmosphere in the room oppressive. Looking at the worried eyes of Qin Zhicheng, Zhang Shaoling and John Lu Simi, Guo Shouyun couldn't help but feel unbearable for the pressure brought by Citi in earnest, even if he had firm confidence in his heart.

After the victory of the 'Hound Project', he originally felt that the influence of American financial giants such as Citigroup and Goldman Sachs was no more than that. Looking at it now, the reason why he was able to win at the beginning was that in addition to the suddenness of the Argentine financial crisis, which made him make a lot of money and had sufficient capital to deal with the crisis, it was still several financial giants that already had contradictions, and they did not really exert their strength because of the entanglement of interests.

And now, when Citi became the leader of the 'anti-Guo coalition' and became the biggest beneficiary, she began to exert her influence without any scruples. As a result, a series of political, economic, commercial and legal blows caused the gold price, which was still in a strong upward posture, to fall rapidly, and brought huge pressure to the long Guo Shouyun and Thunder Fund.

At the same time, it also fully exposed the huge gap between Guo Shouyun and Thunder Fund and Citigroup, a century-old financial giant, in terms of connections and influence.

However, contacts and influence cannot be accumulated overnight, so it is impossible to compete with Citi in this area.

Of course, Guo Shouyun didn't plan to start from this aspect.

The most important thing is that even in the face of Citi's blow, he felt under pressure, but he never panicked, let alone lost confidence. Because 9/11 was enough to turn everything around.

Therefore, there are two paths in front of Guo Shouyun at present: first, do nothing and wait for 9/11 to come. Second, through the game with Citigroup, continue to increase the weight of gold bulls. And by doing so, you can avoid being associated with terrorists.

Whether to choose conservative or radical, Guo Shouyun couldn't make up his mind for a while. In normal times, he would have chosen radical methods without question. But now he wants to save his time and energy, spend time with Molly Bevan, and see his child born.

Under the attention of Qin Zhicheng and the others, after thinking for a while, Guo Shouyun stood up. After a few brief steps in the free space of the room, he stopped in front of the window next to him.

Looking at the recliner in the garden outside, Molly Bevan, who was quietly holding a book and reading, was pregnant. The heart that was originally hesitant settled down instantly.

Now he is rich enough, even now he doesn't do anything. Relying solely on those copyrights, you can eat and drink for a lifetime without worrying. So now, money is more of a tool for him to achieve his ideals. In contrast, his family and children were something he had never had in his life. Compared to the money that has more opportunities to transfer in the future, this is what he should cherish more!

"Go back and keep an eye out for any news that could affect the gold market. Also, don't do anything without my orders!"

"But...!"

John Lu Simi was about to speak, but was stopped by Qin Zhicheng next to him. After shaking their heads at him, Qin Zhicheng and Zhang Shaoling pulled John Lu Simi, who was still a little hesitant, and walked out.

After leaving the small conference room before, "Qin, why did you stop me just now? The current situation is very unfavorable to us, we should persuade the boss to reduce our position!"

"John, you've only been with your boss for a short time, and you don't know much about his personality. Just like just now, after listening to our suggestions and analysis, the boss made a decision that 99% will not change it unless there is a major accident!"

Zhang Shaoling next to him also nodded in agreement.

"The boss is the kind of person who is usually easy-going, but is extremely persistent when a decision is made! ”

Looking at Zhang Shaoling, and then looking at Qin Zhicheng, John Lu Simi knew that the two of them had spent more time with Guo Shouyun than himself. Naturally, I have a deeper understanding of the big boss than myself.

"But we just watched the price of gold fall day by day, and the money invested in it by the Thunder Fund was trapped little by little?"

Qin Zhicheng and Zhang Shaoling couldn't help but show a trace of hesitation on their faces. You must know that the gold price has now fallen to $272.36, which is less than two dollars away from the starting price of $270.39 of the Thunder Fund. In the current form of the gold market, two dollars is clearly not an insurance figure. Maybe two days, maybe a week, and the price of gold will fall even lower. At that time, of course, there will be a guarantee to ensure the future, but no one can guess when this opportunity to untie the package in the future will come.

"Although it is dangerous for us to wait, I trust the decision of the boss. After a pause, meeting the eyes of the two, Zhang Shaoling still said in a resolute tone: "Since entering the Thunder Fund and fighting in the gold market with the boss, there have been many decisions that seem extremely risky to the outside world. I used to be as adamantly opposed as John, but it turned out that my boss made the right decision. The reason why the Salomon Fund was able to turn to an excess profit of nearly $15 billion in less than half a year. Ninety percent of the credit goes to the boss's precise judgment in the gold market. This time, I still believe that the boss's judgment will not be wrong!"

After listening to Zhang Shaoling's words and looking at his firm eyes, after John Lu Simi and Qin Zhicheng glanced at each other, they thought of Guo Shouyun's seemingly impossible decisions before, but they were extremely wise afterwards, and the uneasiness in his heart gradually calmed down.

"As a competent employee, now I can only abide by the boss's decision!" John Lusmi smiled after spreading his hands.

"Let's go! It's almost noon, hurry up and get to work after lunch!"

Qin Zhicheng clapped his hands and beckoned the two of them to go down together.

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There is a saying: the tree wants to be quiet but the wind does not stop. Just when Guo Shouyun was about to eliminate the distractions of the outside world, take care of his wife, and quietly wait for his child to be born, the front page of the Wall Street Journal once again pushed him into the whirlpool of public opinion.

"The thunder that is trapped in the gold market, tens of billions of funds are about to come to naught!"

Almost anyone who knows anything about American finance knows that the Hunter brothers are speculators who went long silver in the United States in the last century and failed. At the same time, because of the pre-tax profit of 10 billion yuan that exploded some time ago, everyone remembered the names Guo Shouyun and Thunder Fund. Therefore, when this news about the Thunder Fund being trapped in the gold market was exposed, it undoubtedly caused an uproar in the US financial market.

"Haha, I really hope to see what Bruce Guo's expression looks like after reading this report, I believe it will be very exciting!" Oliver Barin laughed happily.

Glancing at him, Paul Turner said indifferently: "Don't be too happy too soon. Although we don't know what the margin in Guo Shouyun's hand is. But looking at the quiet appearance of the Thunder Fund now, it is clear that the current gold price is far from reaching the safety line they have set. ”

"What's this, now 80% of the world's institutions and individuals are bearish on gold, the general trend is like this, can Bruce Guo still go against the sky? Black swan events such as the Argentine financial crisis, which can cause gold prices to rise sharply, cannot always happen. Therefore, the price of gold will be in a state of downward curve for the next two to three months. ”

“… As long as we get the price of gold down to $260, I don't believe Bruce Kwok will be able to sit still. Taking a step back, it doesn't matter if he sets up enough margin. As long as we keep the price of gold low, by the end of the year, when the Thunder Fund discloses its results, the huge losses will be exposed. At that time, as long as we make a little fuss about public opinion, the thunder that lacks foundation will be abandoned by those opportunity capital. After extinguishing the thunder, Phoenix, as the head office, will not be better either. As long as we have enough patience and means, we can take away the assets in the hands of that bastard little by little!" Oliver Balin said with hatred in his tone.

He has never forgotten the experience of being kicked by Guo Shouyun in public. This humiliation, he must return it a thousand times.

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