Chapter 234: Stepping on the face

"Stop, don't close any more positions. Pen Fun Pavilion www.biquge.info"

Facing the gaze of Masao Mitsui, Akio Otsuka hurriedly said to the traders.

"It took less than three minutes to operate, and it was carefully closed, and the gold price could not support it, which shows how heavy the pressure of high short selling." Masao Mitsui secretly thought about what to do next.

"It's already $292.3, and it's falling very fast."

The woman Harumi dongami subconsciously reminded in the face of the fall in the price of gold.

"It seems that $293 will not go up at all, and this wave of decline will come very quickly, so I can only pin my hope on the main force of the bears, and see if they will take profits after seeing $291." Akio Otsuka said powerlessly.

Hearing the old man's words, Mitsui Masao couldn't help suppressing the anger in his heart, and he felt like he had been looted by thieves, and he had to pray that the other party would leave when he saw a good deal, and spared his life.

"President, this wave of gold prices is down, the market seems to have lost support, it is completely in the bear, not to mention the active multi-party entrustment, even the passive dip buying is gone." Finding that the gold price broke at $292, it was almost effortless, and the old trader couldn't help but open his voice.

"After a hard-fought rebound of less than $2, will you be beaten back to your original shape in minutes? Greenspan's interview has ended, and it is estimated that there will be no basis to support the bulls in the future. Although Masao Mitsui remained calm on the surface, he was already anxious in his heart.

"Where's the Dow?"

Akio Otsuka asked hurriedly.

"It's the Dow Jones that is accelerating the dive, and the stock market is falling faster than the gold price. A female trader responded apprehensively.

"Is it the two major insurance groups, has the decline expanded?"

Feeling that the stock market was already extremely weak, the woman couldn't help but think that the U.S. stock market might close at the lowest point of the day.

"No, although the decline of the two major insurance groups is large, they have maintained the decline after the negative rumors, and the decline of the Dow is more due to the compensation of other stocks." The trader looked at the stock prices of the two major insurance groups in the short term, but he was more certain.

"According to the time on our side, it is fast to close the US stock market, as long as it can last until that time, the correlation pressure brought by the stock market can be smaller." Although Harumi said this, there was no bottom in her heart.

"I found out that the mainstream institution that shorted the international gold spot is Hong Kong's Taifu Bank......" The information director put down the phone and walked quickly to Masao Mitsui.

"Is this agency again? I remember that two days ago, when the Japanese funds raised the gold price to open a position, Dafu Bank was thrown out, although the operation of this institution is bold, but the amount of funds should not be so large, it cannot be called a mainstream institution. Akio Otsuka looked surprised, obviously knowing something about the situation early on.

"Although it can't be determined on the London Stock Exchange, but we got the news from the quantum fund, I think the accuracy is still very high, the news claims that Tatfook Bank has opened more than 50 million short positions in the international gold spot line of 293.5 US dollars, not only through the channel of Citibank, but also to obtain investment guarantees, I wonder if Tatfook Bank will put such a large amount of funds through some leverage." Although the middle-aged information director did not mention the clear source, his tone was determined to be Taifu Bank.

"Damn it, is this to get it out of the game before you get revenge on us?" After Masao Mitsui knew who was singing the rival play, he could no longer suppress his annoyance.

"With such a large amount of money, the possibility of retaliation is very small, I think it is more because of the profit-seeking behavior, as early as two days ago when the Tatfook Bank operated the international gold spot, there was a posture on the disk to grasp the initiative." Akio Otsuka shook his head and said.

"No matter what the reason is, now the price of gold has fallen, if it accelerates further, within half a minute, it will probe $291 again, do we want to see if Dafu Bank will close its position?" The woman's delicate body was a little tense, for fear that if she couldn't take care of it at a glance, the gold price would be thrown into a depth charge.

"Let's get ready, once the gold price breaks $291, we will enter the market to protect the disk, and cut out some positions near $292.8 before, and the funds can be more abundant." Masao Mitsui raised his hand, as if he was just passively observing on the front line of 291.

Just when the investment department of Sakura Bank was waiting nervously, Dafu Bank in Hong Kong, Zheng Fan was lazy in front of the computer, with the meaning of Mingjin retreating.

"Boss, it's exactly as you expected, after a rapid rebound, the futures price has really come down again, and it seems that Japanese funds don't want to fight again." Ye Qian looked at the decline in gold prices and said with a smile.

"It's almost half past three in the morning, and I'm really tired this night, and Tokyo is still an hour ahead of us, so it's almost time to strike the war!" Zheng Fan lit a cigarette and lifted his spirits.

"Since you expected the price of gold to fall after Greenspan's interview, why didn't you continue to chase the short when it rebounded to $292.8 before?" Delia asked puzzled.

"The energy of the multi-party is too weak, even if I chase short, I can't open many positions, and in order to ensure the safety of high-level positions, the Japanese group funds will never give up the position of 291 US dollars, if it is fought to the end, it will increase the danger of uncertainty, in terms of today's news, it is not a good time to fight a decisive battle, and it is a rational choice to accept it when it is good." Zheng Fan sighed and explained, somewhat helpless.

"The gold price has reached $291.2, and I don't see Japanese disk protection funds." At the same time as Ruan Yuan made an offer, she confirmed whether Zheng Fan closed the position.

"After taking a heavy punch, Japanese funds seem to be more hesitant, in this case, let's close the position at the $291 integer mark, and release the market little by little." Zheng Fan has actually discovered that the Japanese funds were cutting positions near $292.8 before.

"This is completely stepping on the face of the Japanese group funds, bullying people to the doorstep!" Delia whispered.

"The intraday selling pressure was very strong, and $291 closed 500,000 lots first."

Ye Qian released the first operation, but she didn't know that this liquidation order appeared on the international gold spot market, which made all the traders of Sakura Bank breathe a sigh of relief.

"International gold spot, $291 and 300,000 short positions." Liu Mingxuan followed the operation closely, and the number of closed hands released in the early stage was not too small.

"I'm still a little anxious, and I'll lower the number of closed hands a little more, and the night has passed, and it's not bad for this last trembling." Zheng Fan's face was a little pale, and he quickly corrected everyone.

"The pressure on gold prices to rise and fall will last for a period of time on the market, and the remaining 25 million short positions of Tafook Bank should be successfully closed, and it is only a matter of time before the difference is made." Delia teased with a smile.

"After the end of this wave of international gold spot operations, Tatfook Bank's proprietary market will be rested, and this time Miss Deliya and Citibank can rest assured, right?" Zheng Fan smiled, not like he was perfunctory.

"Are you going to transfer all the funds back?"

Di Liya had already guessed Zheng Fan's thoughts.

"Well, tomorrow I will arrange for Ye Qian to withdraw all the funds to the self-owned fund platform of Dafu Bank." Zheng Fan made no secret of Scrooge's face and announced the termination of Citibank's depository guarantee cooperation.

"Judging from the current state of international gold spot, I thought you would keep chasing Japanese funds to death." The brown-haired young woman, Di Liya, smiled a little meaningfully.

"You don't think that with one or two billion dollars of funds, you can swallow up the Japanese chaebols, right? Dafu Bank has a few catties and a few taels, and I know very well in my heart that the reason why this operation is relatively smooth is only because we stand on the internal operation law of the market. Zheng Fan seemed to be expounding a fact, without the slightest modesty.

"There are really not many people at the helm like you who know how to advance and retreat, but as long as you don't leave the financial market, I believe that we will have a lot of places to meet in the future, and we look forward to the next opportunity for us to cooperate with you." Delia smiled and held out her hand.

"You should be referring to us other than Citibank, right?" Zheng Fan simply shook hands with the brown-haired young woman, with a smooth and shrewd face.

"Mr. Zheng Fan, being too shrewd is very annoying."

Seeing that the gold price stabilized at $291, and the sound of the closing keyboard in the proprietary department was still dense, Di Liya was already sure that the battle of Tatfook Bank was settled.

"Boss, the situation is very favorable, the Dow Jones has the meaning of closing to the lowest point, not only hitting a new intraday low, but even falling by more than 3%, with the example of U.S. stocks ignoring interest rate hikes, I believe that gold prices are also untenable, even if we close the position, the selling pressure on gold prices is still very strong." Ye Qian reported with a happy face.

"Regardless of whether the proprietary market of Tatfook Bank has been exposed in the market, I don't want Miss Di Liya to spread the details of this operation." Zheng Fan smiled, and the voice chatting with Di Liya was slightly amplified, obviously reminding others.

"After going out of this door, I only know that Tatfook Bank operates the dollar index and international gold, but the specific details are not clear, especially the matter of Tatfook Bank's plot against the two major insurance groups, Mr. Zheng Fan can rest assured." Delia showed a high level of literacy.

"Ruan Yuan, you stop for a while, go out and call everyone to be in good spirits." Zheng Fan explained to the female lawyer with a smile and motioned for her to arrange follow-up affairs.

"Hmm!"

Ruan Yuan, who took a deep breath and got up, quickly left the self-management department as if she had been amnesty, and it seemed that she couldn't stand this kind of high-intensity manipulation anymore.

The attention of Zheng Fan and Di Liya was no longer on the international gold spot market at this time, time passed little by little, and in the process of the two laughing and chatting, the operation of the self-operated department gradually calmed down.

"Boss, all of our 50.7 million short positions have been closed, the average cost of opening a position is $293.4, the average closing price is $291.2, the profit per ounce is $2.2, and the one-lot position is $220, with a total profit of $11,154 million." After all the funds were returned, Ye Qian reported as soon as possible.

"Combined with the previous investment of 14,874.5 million US dollars, the total capital is not nearly 2629 million!" The blonde girl Ji'er silently calculated the total capital size of Dafu Bank's proprietary market.

(The second update will be sent.) )