Chapter 277: Hands-on Citi

……

"Honey, are you packed?"

After sorting out his newly bought tie in front of the mirror, Guo Shouyun shouted inside.

"That's it!"

With the cheers, Molly Bevan, who was wearing a light blue loose long skirt and long hair tied into a ponytail and naturally hanging down behind her head, pushed the door and walked out.

Naturally, he walked over to hold his big-bellied and handicapped lover, "Let's go, I'll accompany you to have a prenatal checkup today." ”

"No, just let Alyssa and Liv come with me!"

Alyssa and Liv are medical professionals who have been specially hired by Kwok Siyun to take care of Molly Bevan, and in addition to taking care of pregnant women, they also have very professional knowledge in infant and child care. They are enough to ensure the healthy growth of Molly Bevan and the child.

"How can this work? I couldn't accompany you before because I wasn't around. If I don't accompany you this time, then my husband will be too incompetent!" Guo Shouyun refused.

Molly Bevan, who was sweet in her heart, was just about to speak, but there was a sudden knock on the door.

"Come in!"

"Sir, the car to take Madame to the hospital is ready. In addition, Mr. John, Mr. Qin, and Mr. Zhang are waiting for you in the reception room, and they say that there is something important for you to decide!" said Old Ward, who pushed the door in, respectfully.

Guo Shouyun frowned, it was obviously not a trivial matter to be able to get John Lu Simi, Qin Zhicheng and Zhang Shaoling to come together. And, most likely, there has been a big move in the gold market.

"Honey, work is important. And it's not a trivial matter to get John and the three of them to come to you together. So, you'd better go over and have a look!" said Molly Bevan.

"But here you are...!"

"I just went for a prenatal check-up. Besides, with Alyssa and them, plus bodyguard protection, it's fine!" Molly Bevan said empathetically.

After hesitating for a moment, Guo Shouyun nodded. Although he wanted to fulfill his responsibilities as a husband, there was so much involved in investing more than $20 billion in the gold market. He couldn't afford to be negligent for a moment.

took a step forward and hugged Molly Bevan into his arms for a while, before letting go gently, looking at the delicate beauty who was close at hand with pity.

"Come back early, I'll cook for you in the evening!"

"Hmm!"

After giving Molly Bevan a gentle kiss on the forehead, Guo Shouyun turned around and walked out.

Looking at his back, a warm and happy smile appeared on the pretty face of the beautiful woman.

"Madam, aren't you going to tell your husband the truth?"

After shaking her head slightly, Molly Bevan smiled, "I want to surprise the child when he is born!"

……

When they came to the reception room, Qin Zhicheng, who had obviously been waiting for a while, stood up in unison after hearing the footsteps.

"Boss!"

After nodding, Guo Shouyun's deep gaze quickly swept over the faces of the three of them, and after seeing a trace of worry in their respective eyes, "Something's wrong?"

The Argentine government announced an agreement with a consortium of banks led by Citigroup, which will buy $2 billion in 10-year Treasury bonds issued by the former and provide $1 billion in emergency loans to help the Argentine government stabilize the financial order. Separately, Argentine Finance Minister Mario Kempas announced that Argentina had successfully reached an agreement with the World Bank to defer the repayment of the $1.53 billion debt already due for two years, subject to partial interest payments. As soon as the news was released, the Argentine stock market rose by 128 points, and the total market capitalization increased by 1.3%. The Argentine peso floated 58 basis points. Affected by this, gold... $1.47!" At the end of his words, Zhang Shaoling's tone became solemn.

"Citibank?"

Guo Shouyun's eyes narrowed slightly. He had thought that Oliver Balin's allies against him must have powerful financial magnates among them. Originally, he thought it would be Seymour, but now it seems that Citi is more hostile to him, or obviously more ambitious.

"Boss, as Argentina's financial order tends to stabilize, bearish voices in the gold market have taken over. So to be on the safe side, I suggest we reduce our position!" said John Luthmi.

Currently, the entire Thunder Fund has invested a staggering $22.5 billion in the gold market. After deducting 30% of the margin, nearly $160 billion was leveraged to gamble in the gold market with 10 times leverage. So, even a drop of a few basis points is a staggering loss for the Thunder. And $1.47, after the leverage effect is amplified, is a loss of more than a billion dollars. Therefore, it is no wonder that John Luthmi, who is stable in heart and bold in style, has become conservative.

"What is the price of gold now?" After a moment of silence, Guo Shouyun asked instead.

"At $274.12 an ounce, that's the latest price in the London gold market!" Mr. Zhang said.

"So, compared to the $270.39 we entered, there is still a profit margin of $3.73 per ounce!" Guo Shouyun said.

"Yes!"

"That being the case, with our current position of 5.9 million lots, unless the price of gold falls by more than $15, it will not be able to threaten our safety line. As for the possibility of gold falling so much, it seems to me that the odds are not even one percent. After all, an Argentine economic market simply cannot reverse the decline of the world economy. And, even with Citi's help, it's still unclear whether Argentina will be able to stabilize its domestic economy!"

However, without the help of the Argentine economic crisis, it is difficult for the price of gold to exceed $271 in the short term. So, even if we have enough margin to avoid the worst-case scenario, it will be relatively difficult to make a profit. In contrast, if we halve our position and pocket a profit of $373 million per ounce first, we will be more comfortable with any threat to the gold market in the half-position scenario. At the same time, it can also guarantee a certain profit!" John Lusmie still insisted on his opinion.

Guo Shouyun nodded undeniably, "What about the two of you, who also hold the same view as John?"

Qin Zhicheng nodded, understanding the cruelty of the financial market, he is also the same as John Lu Simi, who puts the safety of funds first. However, Zhang Shaoling, who has been fighting with Guo Shouyun for the longest time in the gold market, has full confidence in him, and the young and vigorous Zhang Shaoling obviously has different ideas.

"I think it's better to stay put. There are three reasons for this: First, the Argentine financial crisis is a systemic crisis, which starts with a debt crisis, but it does not mean that it can be safely resolved by paying off the debt. It involves the adjustment of the economic and industrial structure, the restoration of financial order, and many other complex issues. This is not something that can be done overnight. Therefore, although Citi's funds will have a certain impact on the gold market, they will not have a decisive impact. It will not let the price of gold fall sharply!"

"Second, from a global perspective, except for a few countries such as China, the entire world economy has fallen into recession because of the Nasdaq crisis, and although it has reached the bottom, there is still no sign of recovery. Therefore, as the first choice for safe-haven assets, the price of gold will still not fall too much. Moreover, because of the sensitivity of the market, once there is a similar black swan event such as the Argentine financial crisis in the market, the price of gold will definitely rise as soon as possible!"

"Finally, we all know that risk and return are directly proportional. If we choose to be conservative now, we may make some profits, but we will definitely not get excess returns. If we choose to wait, the risk increases, but the likelihood of excess profits will also increase. Of course, the choice of the latter carries with it a great deal of uncertainty. But now that we've established a safe bottom line that won't cost us significant losses, why can't we take a chance on future excess profits?"

Zhang Shaoling's words were radical compared to Qin Zhicheng and John Luthmi. After the two of them thought about it briefly, Qin Zhicheng retorted: "Shaoling, your words are indeed correct from a financial perspective. However, the black swan event that you hope will make gold soar carries too much uncertainty in terms of timing. We can't predict whether it will explode in a month, three months, half a year, or even longer. Therefore, we cannot wait for this opportunity with tens of billions of funds. Otherwise, it's not an investment, it's a gamble!"

"Of course. But what I call a black swan event is not an illusory opportunity. Rather, I don't think Argentina's financial crisis will end with Citi's money. Therefore, my so-called opportunity is to bet that the Argentine financial crisis will continue, and then have a lasting impact on the South American economy, which will help the gold price rise!"

Zhang Shaoling's words made Qin Zhicheng and John Lu Simi's faces show a hint of thought. Through Thunder's information-gathering system, they have a clear understanding of the economic situation in Argentina. Inefficient and corrupt governments, flawed financial systems, unsupervised commercial markets, etc., are not something that can be solved by simply throwing money!

But even so, neither Qin Zhicheng nor John Lusmi can fully agree, and Argentina will judge even worse.

Therefore, they with different opinions invariably focused their attention on Guo Shouyun, after all, this is the big boss who really has the idea!

"It's true that the Argentine financial crisis won't end anytime soon, but we can't tell for sure whether it's going to be worse. So, I decided to set a deadline of two months. For the next two months, the army will not move. If, in two months' time, the Argentine economy is trending well, we will look for an opportunity to close the position. If it gets worse, open or increase your position!"

It's August 10th, and 9/11 is just over a month away. Two months is enough!

However, Qin Zhicheng obviously didn't know what he was planning in his heart. But after careful consideration, they did not object again. Two months is not a long time for the capital markets.

"For now, go back and keep an eye out for any news that could cause movement in the gold market. Notify me immediately if there is any trouble!" Guo Shouyun said.

"Yes!"

After they left, Guo Shouyun took out his mobile phone from his pocket and called Zhang Lei, who was far away in Hong Kong. Among his companies, in addition to the Thunder Fund, Hanhua's Mangzhong Fund has also invested nearly $900 million in the gold market. Now that the gold market is bearish, I believe they have long wanted to get further instructions from him.

"Boss!"

As he expected, Zhang Lei's phone was connected almost instantly. Apparently, he is already waiting for news from himself.

Guo Shouyun didn't waste any time, and said directly: "You must also know the news from Argentina, right?"

Citi has provided $3 billion to the Argentine government. ”

"Not bad. However, it is still unknown how much impact this bad news will have on the gold market. Therefore, I am not prepared to sell the gold long position under the Mangzhong Fund right away. ”

"In this case, I'm afraid the risk of our loss will be magnified!"

"If you want to get high returns, of course, you have to bear high risks. However, there is no need to rush for the time being, our margin is still abundant. So, I decided to wait for two months and then make a further decision depending on the situation!"

"Got it!"

"How's the company doing?"

"Relying on the general trend of rapid economic development in China, everything is going well at present!"

"What about the acquisition of Zhejiang ~ Jiang First Bank?"

"The big picture has been finalized, but there are still some disagreements around the specific acquisition amount. However, if we strive for it again, it should not deviate too much from the reserve price of HK$4.5 billion we have set!"

"That's good!"

After chatting with Zhang Lei about Hanhua's business for a while, Guo Shouyun hung up the phone. Rubbing his sideburns, more and more company affairs made him gradually feel that his energy was difficult to support. And he realizes that this situation will get worse as companies grow.

"It seems that it is necessary to make some more adjustments to its company!"

With the rise of status, the wealth of experience, and the growth of the capital that can be mastered. Looking back at the companies that were set up in the first place to make quick money, many of them were not necessary. If you talk about making money alone, the Thunder Fund is obviously more suitable. Therefore, it is redundant to cut down on companies that have limited room for growth and are extremely energy-intensive.

However, the most important thing at the moment is the gold market. When he has made enough money through 9/11 and his energy has adjusted, it will not be too late to deal with the problems of his various companies.

In addition, since Citi's move in Argentina, Guo Shouyun has realized that their intervention in the gold market will not end so easily. But he didn't expect the other party's blow to come so quickly, and so quickly and powerfully. In just one week, the wind direction of the entire gold market has completely changed. Citi's actions fully made Guo Shouyun realize the strong influence of the No. 1 financial giant in the United States on the capital market.