Chapter 560: Open an account and go
"Speaking of gold! Since ancient times, the attitude of the Chinese people towards gold has been very entangled: on the one hand, it is said that 'money is like dung', so there are Du Shi Niang angrily sinking a hundred treasure chests, and Zhuo Wenjun and Wang Baochuan are running to the cold kiln; On the other hand, the Chinese people say that 'there is a golden house in the book, and there is Yan Ruyu in the book', so for countless readers who pursue their dreams, the 'golden house' and the handsome daughter-in-law have become the driving force and ultimate goal of their ten-year hard work. Pen? Interesting? Pavilion wWw. biquge。 info
This kind of feeling is not uncommon in the phenomenon of national cultural division: love and hate are intertwined in gold, such as a thousand turns of hometown, once hated the hot and cold world of hometown, and overly admired the return of clothes. Hua Junyao said slowly.
"You can really relate to it." Xiao Chubei couldn't laugh or cry.
"So am I wrong? There is a golden house in the book, and there is Yan Ruyu in the book. Isn't it what you men said, look at the martial arts novels in your hands are also like this! Hua Junyao pouted.
"Eat, eat, and keep talking, the food is cold." Xiao Chubei hurriedly beckoned and turned the topic away.
It rained for two days in a row, Hua Junyao and the others stayed at home, and made an appointment with Sunan early in the morning to open an account and meet downstairs.
After breakfast, it was still early before the agreed time, and the three of them sat in the living room and gossiped.
"It's finally clearing." Hua Guoqing looked at the bright sunshine outside the window, but his mood was not so bright towards the sun, "Yaoyao, this gold soars so high, I'm a little afraid?" Didn't they all say that stocks, don't chase up? It's easy to get covered. After a pause, he said, "I've been checking this bull market for ten years, will it still rise?" ”
"This is the information I have checked in the past two days, the price of gold has risen more than tenfold from $35 in 1968 to $400 now, and the price of gold will not soar again! It's horrible. Hua Guoqing said a little nervously.
"That little cousin knows the reason for the rise in gold prices this year." Hua Junyao asked indifferently.
"Of course I know, as the saying goes: when the cannon goes off, the gold is ten thousand taels!" Hua Guoqing found the newspaper and said, "Oh, there is an analysis in the newspaper." ”
In January 1979, the Islamic Revolution of Iran overthrew the then Shah of Iran Pahlavi and forced Pahlavi into exile, and the Islamic Revolutionary regime of Iran was established. Since Iran and its surroundings contain more than 70% of the world's proven reserves of petroleum geological resources, the changes in Iran's national political situation and the unstable geopolitical expectations in the Middle East have prompted the world to worry about the stability of oil supply, known as the "industrial blood", and worry that the resulting sharp rise in oil prices will exacerbate inflation and endanger the stable development of the world economy and finance.
Affected by this, the price of gold is like a wild horse on the loose, galloping upward. At the beginning of 1979, the gold price was still looking for direction around $250 per ounce, and by July 18, the gold price exceeded $300 per ounce, an increase of about 20% in more than half a year. If we count from October 1978, when the opposition between Iran's Pahlavi dynasty and the Islamic Revolution emerged, the price of gold has risen by about US$100 per ounce, an increase of nearly 50%.
After the establishment of the Islamic Revolutionary regime in Iran, the contradictions with the United States and other industrialized countries began to intensify, and in November of the same year, the detention of the staff of the US Embassy in Iran, and the hostage crisis of the US Embassy in Iran, all of which contributed to the sharp rise in gold.
"But both sides were very restrained and did not let the situation worse." Hua Guoqing said cautiously, "I don't think there will be a fierce conflict, the Yankees suffered in Vietnam, and they haven't recovered yet?" ”
"Little cousin, you only see political factors that have caused the fluctuation of gold prices, what about the economy? Under the influence of hyperinflation of more than double digits, some investors and even ordinary people have chosen gold assets to avoid political and financial crises, and even some governments have participated in it to convert US dollar assets into gold. Don't forget that futures are different from spot after all, and you can smash a market with money, understand? Hua Junyao patted him on the shoulder and said.
"But doesn't the United States care? The surge in gold could be a threat to the dollar's international standing. Hua Guoqing scratched his chin and muttered to himself.
"Let's go! There's no time, Sunan might be waiting below. Hua Junyao stood up and said.
"Yaoyao, think about it better." Hua Guoqing chased after her and said.
"I've analysed it carefully." Hua Junyao's eyes were calm and said confidently.
The three of them were standing on the curb of the road, and Sunan was already parked on the side of the road, "Comrade Hua, good morning, have you eaten?" ”
Although Sunan did not be a 'tour guide', because of the above explanation, he did not dare to neglect Hua Junyao and the three of them.
Call from time to time and ask them if they need anything.
As a result, every time he called, he always politely declined him, but he didn't expect to call early this morning and ask him to take his ID card. He didn't know what was going on, so he drove here early.
"I've eaten it, what about you!" Hua Junyao asked with a smile.
"I've eaten it." Sunan opened the car door and said, "Please get in the car!" ”
Hua Guoqing sat in the passenger seat, and Hua Junyao's family of three sat in the back seat of the car.
"Buckle up?" Sunan reminded.
"Little cousin, what about you?" Hua Junyao leaned forward and lowered her voice.
"Oh! Oh! Hua Guoqing hurriedly found the seat belt buckle next to the seat, "I'm fine." ”
"Hold the kid, I'm going to drive." Sunan looked at Xiao Chubei through the rearview mirror.
"Hold it." Xiao Chubei said.
"Then we'll drive." Sunan started the car with a smile, and the car drove steadily on the road, "Where are we going?" ”
"Gold and Silver Exchange." Hua Junyao reported the name of the exchange.
"You want to buy gold bars? It's a nice place, and it's very reputable. Sunan said with a smile.
This market is a market that combines spot and futures, which has both spot settlement, but can also postpone delivery by paying warehouse fees, thus generating the function of futures.
The China Gold and Silver Exchange Society was established in 1910 as the "Gold and Silver Exchange", and it was not until after the First World War that it was officially named "Gold and Silver Exchange Society" and registered. It is a trading place for precious metals such as gold and silver in Hong Kong. With strict and effective rules and regulations and the spirit of adherence of its practitioners, the China Gold & Silver Exchange Society (CGE) has played an important role in the Hong Kong Gold Market, providing a continuous, liquid and deep gold market for local and international investors and dealers, allowing them to make full use of gold as an object of investment, speculation, hedging and arbitrage.
Since its establishment, except for 1941 to 1945, when it was closed due to the outbreak of the Pacific War and the fall of Hong Kong, the rest of the time has been operating in accordance with the articles of association to serve investors. Sunan briefly introduced.
"You know a lot about that." Hua Guoqing asked casually with a smile.
Sunan smiled and said modestly, "I've been here for so many years, and I know a little bit about the economy. ”
At this time, the economy of Hong Kong Island is very good, the stock market and the property market are all hot, and speculation in stocks and real estate has naturally become a trend. The people of El Dorado will naturally not let it go.