Chapter 851: Money Play, Money Never Sleeps (3/9 Supplement)
The feasibility of Alvitatre's proposal is undoubtedly high, and the so-called spot gold is a reflection of the market price of gold at that time, while futures gold is a reflection of the future price of gold.
Futures also evolved from the spot, the spot trading is the subject itself, and the futures trading is a standardized contract, when the futures gold becomes the spot is delivery, there will be some costs in the process of delivery, such as transportation costs, taxes, labor costs, etc., so the spot is a little more expensive than futures.
Spot gold and futures gold are mutually influential, which mainly depends on the price difference and supply and demand, to put it simply, an ounce of gold, spot 100 yuan, 1 month later, 1000 yuan, that buy must be willing to buy spot, sell must be willing to sell futures, so the spot price will rise, some people buy no one to sell, the supply exceeds the demand of natural prices, and the futures price will fall, the supply exceeds demand natural price falls.
The spot price of gold is generally based on the gold price in the London market. The London market is divided into pricing and quotation trading, and the price of gold in the gold market around the world is determined by reference to the pricing level of the London market, and then according to the market supply and demand conditions.
In this way, Andy's subordinates in London suppressed the price of gold futures, and the price of spot gold will rise, and at the same time, Andy will hit the gold market with spot gold in the United States, and 172 tons of gold will flood into the market, and the market will be temporarily saturated, and supply and demand will turn, so the price of gold futures in the future is expected to fall.
After all, there is so much gold in the current market, and it is cheaper, who is going to buy the gold spot to be delivered in February 2008?
Of course, if Andy wants to affect the violent force of the entire gold futures market, it is still a little weak, but there is no problem with a short-term shock out of a part of the profit margin, this time it will inevitably take the risk of increasing the leverage multiple, tens of billions of funds, even if there is a dollar difference per ounce, it can also make Andy's worth increase by hundreds of millions of dollars.
Badstone and Alvitre began to discuss the details, and then felt that this kind of brainstorming, the strength of the two would inevitably be limited, Al directly stood up and walked out of the office, to gather his subordinates.
"Let's go, let's change places and go to the conference room. Andy knew that in order to fight this local battle well, it was necessary to concentrate the ingenuity of all people and the cooperation of all his subordinates.
Andy took the suit off the hanger and put it on, and walked out of the office with Badstone, seeing several subordinates wearing shirts and ties who had long been unknown to where they were going, and they were being scolded by a somewhat angry Al.
"10 minutes, get all the bastards in order and come to the conference room!
Seeing his somewhat embarrassed subordinates turn around and leave quickly, Andy walked up to Al and smiled: "Al, I rarely see you angry, what's wrong?"
Al blushed a little, looked at Bad Stone who seemed to be aware of it with a little excitement, and said a little depressedly: "These bastards... Go downstairs to Free City, Bud, can you stop your goddamn bastards!"
"Ahem, I'll go down and take a look... Badstone naturally knew what his group of guys who were like humanoid self-propelled guns all day long, and their hormones were bursting with hormones, so he coughed a few times in embarrassment, and wanted to turn around and go downstairs.
"Hmm, let's go down and have a look... ”
"No need, boss, I'll take care of it. ”
"Don't go. ”
Andy looked at the two subordinates who spoke at the same time to stop him, and immediately realized something, and couldn't help but shake his head and laugh: "Forget it, let's go to the conference room and wait." ”
Badstone immediately turned around and went downstairs, looking at the already smoky office hall with champagne, smoky, all kinds of perfume smells, bikini beauties walking around, all kinds of presumptuous laughs, and women's screams...
"These bastards!"
Seeing that the people of Gaia's company began to pull away some of the still conscious guys, Bardstone could only push away some beautiful snakes wrapped around his body, and found the deputy who was burying his mouth in a woman's belly and drinking while pouring champagne upwards.
"Okay, find out the guy who is still awake, have something to do, give you 10 minutes, and gather in the conference room upstairs... ”
The deputy with the shirt wide open, seeing that it was the top boss, heard that the big boss was going to have a meeting, immediately put down the champagne, pushed away the woman's head under the table with some embarrassment, and began to arrange the pants and shirt.
Badstone also knew about the nonsense of this group of bastards for a long time, after all, the whole Wall Street knew how crazy this group of new young people was this year, crazy to make money, and even crazier to play.
In the conference room, Andy was leisurely dangling in the boss's chair, and said to Al with a smile: "These guys are often so nonsense?"
"They usually party at a speakeasy in the Home SeetHome art gallery not far away, and that's where they meet. Al didn't care, after all, this is Wall Street culture, if you want to gain a foothold in such a bloody environment, don't think too much about unbearable psychological pressure and competition, every guy with financial dreams and ambitions will try their best to indulge themselves and relieve the tension in their heartstrings.
"Hehe, money never sleeps! I love it here... Andy reached out and patted the table, stood up, walked to the floor-to-ceiling window, propped his hands on the floor-to-ceiling glass, and looked down at Wall Street, which was in a festive but slightly depressed atmosphere.
At this moment, the door of the conference room was pushed open, and one by one, the slightly embarrassed, bright financial people with a little wet back quickly found their place and sat down with everyone's folders, and two of them ran into the conference room quickly while stuffing their shirts around their waists, without any ashamed or embarrassed expression, but raised their eyebrows at familiar people and communicated silently.
Andy didn't look back at his subordinates, but still looked at the gloomy scenery outside the window, and waited until the whole conference room was quiet, Andy turned around and looked around at his subordinates, who had focused their eyes on him, walked to the main seat and sat down, and said to Al, "You can arrange it." ”
"The first group, who is responsible for liaising with Bank of America, is going to redeem the mortgaged gold.
The second group is to sort out and analyze the trend of gold futures in February next year and the parties currently involved in the funds...
The third group, wake up the people in London and tell them that we are going to fight a golden war and need their specific ammunition reserve data...
The fourth group is to cooperate with the traders of the Free City.
The negotiation team, contact Merrill Lynch, tell them that we are interested in their shares in Bloomberg, contact them, and it is best to get them to give up or postpone the announcement of the sale of this asset... ”
Andy listened to Alvitatre begin to introduce the results of the discussion between the three of them in the office before, from the green eyes of each one, he did not see timidity, but more excitement, this group of guys are all ambitious, they all want to do something big on Wall Street and make themselves famous.
What's more, the young boss who sat on the main seat and smiled calmly had just spilled a dividend of 160 million, and the people in the think tank had already received a check for the year-end dividend, and everyone knew very well that the billionaire he served was definitely a generous boss, of course, the premise was that he could bring him profits!