In the early morning in Hong Kong, the clouds are overcast, and the light rain is falling, which can't help but make the office workers who don't bring umbrellas jogging. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

"Hasn't the boss arrived yet?"

In the proprietary department of Taifu Bank, Ji'er put the newspaper aside, looking extremely anxious.

"I called just now, and I've already gone out, so I guess I'll have to wait for a while." Ye Qian took a deep breath and calmed her emotions.

"The Bank of Thailand announced that the Thai baht will implement a floating exchange rate from today, replacing the previous fixed exchange rate system of the Thai baht against a basket of currencies, in the Singapore foreign exchange market, the Thai baht has fallen by 20%, not only that, the major banks in Thailand, there has been a run on the riots, and even daily necessities in the case of currency depreciation, there has been a rush to buy, so important, how can the boss still be unhurried." Ji Er saw that the executives and traders in the proprietary department were already waiting for each other, and couldn't help but become more and more anxious.

"If it's just a bank run and a rush to buy daily necessities, it's better to say, the key is that residents have taken out bank deposits, and then buy gold, according to incomplete information, Thai gold bars have begun to accelerate yesterday, which will affect the international gold spot." Erica couldn't help but swallow her saliva as she spoke.

"In a week, we have only entered 60 billion US dollars in the international gold spot, and there are spare funds, Liu Mingxuan, you look at the international gold price, if there is an upward attack, we must stabilize the situation, and we must not let the short positions we have opened be blown up." Ye Qian reminded Liu Mingxuan vigilantly.

"Now it seems that the investment in the international gold spot, or too anxious, the current turmoil in Thailand, has caused a great burden on our position in the international gold spot, in order to ensure the safety of the position, I need more funds." Liu Mingxuan was extremely nervous.

"Our position in New Zealand crude oil is almost full, where to find you extra money, Tatfook Bank's private wealth management funds, there are more than $40 billion left, you have to use these funds to hold your ground." Ye Qian didn't have the slightest room for negotiation.

"Early in the morning, what are you arguing about?"

Zheng Fan pushed the door and entered the self-management department, with a heartless smile on his face.

"Does the boss know about the situation?"

Seeing Zheng Fan holding a stack of newspapers, Ji'er didn't even have the heart to explain it to him in detail.

"Report on our short position in New Zealand crude oil."

Zheng Fan sat in front of the computer and looked at the trend of New Zealand crude oil in a targeted manner.

"In the New Zealand crude oil contract in the past three months, the average price of the short position opened is $19.12, and the total contract volume is 400 million lots. Ye Qian replied with a solemn expression.

"The average price has fallen by $1, so what else do you have to worry about?" Zheng Fan lit a cigarette and smiled.

"The point is that our position is too heavy, and the downside of $1 is simply not enough for us to close our positions." Ji'er said a little anxiously.

"What about international gold spots?"

The corners of Zheng Fan's mouth turned up, and he glanced at Liu Mingxuan.

"We have a new short position on international gold, reached 180 million hands, the average opening price of $326.9 per ounce, these days on the disk, although the bulls have launched several attacks, but we have been blocked, I don't know if it is the relationship with the trend, I always feel that the international gold spot over-the-counter short disk, is not much weaker than the main force of the bulls, which is the main reason for the stalemate." Liu Mingxuan was somewhat puzzled.

"It is not yet the main trading session of the international gold spot, and we will go all out to sell New Zealand crude oil and completely knock down the oil price." Zheng Fan was unusually calm and gave an operation order.

"We do have some spare funds, but once we launch on New Zealand crude oil, I am afraid that the position in the international gold spot will be taken advantage of." Ye Qian couldn't help but be a little nervous.

"With the private wealth management funds of Tafook Bank, it is estimated that it can cope with the offensive of many parties." Zheng Fan didn't pay attention to Ye Qian's worries at all.

"New Zealand crude oil June contract, $18.12 sold 1 million lots." Minister of Justice Ruan Yuan was the first to implement Zheng Fan's operational instructions.

"The electronic disk of the July contract of New Zealand crude oil, $18.09 followed by 800,000 lots." In desperation, Ye Qian could only follow the operation.

"Isn't it too risky to go on like this, you know, the private wealth management funds of Dafu Bank are different from our own funds, and there can be no mistakes, otherwise there will be a lot of problems." Just as the dense keyboard sound of the self-management department sounded, Ji Er reminded Zheng Fan in a whisper.

"Thai gold has indeed risen in price, which is something that everyone can see, but looking at the trend of gold in recent decades, whenever the dollar strengthens or the United States raises interest rates, the international gold price will fall, since the United States raised interest rates in March this year, the dollar is exceptionally strong, in this case, it is not suitable for international gold to go out of the big bullish market." Zheng Fan analyzes the price of gold, making Ji'er realize that the critical moment may have arrived.

"However, at present, the Asian financial crisis is very cloudy, which may prompt the preservation and appreciation of gold." In the dense sound of making plates, Ji'er asked Zheng Fan uncertainly.

"The preservation and appreciation of value is reflected in the rise in the price of Thai gold bars, but everyone ignores a problem, that is, once a serious financial or economic crisis occurs in some countries, accompanied by difficulties in foreign exchange payment, in this case, the central bank will be forced to sell reserve gold internationally, and even be forced to collect domestic private gold reserves and sell them internationally." Zheng Fan's statement made Ji'er goosebumps.

"Many people now say that once the currency depreciates and occurs, gold will replace some of the currency's trading and reserve functions, is there a problem with this statement?" After a while, Ji'er asked incredulously.

"Gold wants to replace the value of the currency, it is indeed difficult to achieve, even during the Great Depression in the United States, it was not possible, at that time, in order to prevent a large loss of gold, threatening the monetary security of the dollar, there was a law that private individuals hold gold illegally, gold must be handed over at the price set by the US government, so those who promote that gold will replace the currency, the understanding of gold, is still a little too emotional, not to mention that the dollar is now strong." Zheng Fanyin said to Ji Er with a smile.

"So, the strength of the dollar is what is holding gold?" Although Ji Er somewhat understood what Zheng Fan meant, she couldn't help but be a little unexpected.

"If the dollar is lower, coupled with the theory of gold and currency pegging, it will cause the emerging countries with a very low proportion of gold reserves to panic, and gradually begin to increase gold reserves, but now the dollar has not fallen, and the Asian economy is gradually rising, but in the context of the US dollar interest rate hike, it highlights the strong position of the US economy, and now it is not only hot money flowing into the United States, but even US bonds are highly sought after." Zheng Fan said very calmly.

"In other countries, when the economy is in trouble, foreign exchange is already in a state of difficulty in payment, or in response to a crisis, or in the case of some estimates, it is not possible to sell a strong dollar, so gold reserves have become the first choice?" Ji Er's pretty face gradually showed a smile.

"The flood drainage of the gold reserves of the major central banks, the blind coaxing of the people in the market, is not worth mentioning at all, in the case of the arrival of the financial crisis, the dollar remains strong, only the foreign exchange reserves of the dollar are king, of course, this central bank sells gold reserves, but also only this wave, once the major central banks gold reserves are released, the international gold price is likely to usher in an important low, we are just taking advantage of a loophole, using this wave and the bullish mainstream institutions that do long gold prices to start a decisive battle." Zheng Fan glanced at the falling oil prices and looked very satisfied.

"Is the $60 billion investment in private wealth management of Tatfook Bank a bait for the main force of international gold spot?" Ji'er stretched out a lot of speculation.

"As long as the vanguard can contain the main forces of the parties that are long in the international gold spot, they are wedged in the forward position, and when we gradually realize the profits on New Zealand crude oil, we can gather superior forces to help, so as to gradually open up the formation." Zheng Fan's eyes were slightly open, and the whole person showed a hungry and thirsty fighting intent.

"I'm afraid that I am only afraid of the main force of the international gold spot, the offensive is more fierce than imagined, and once our vanguard is eaten at that time......" Ji Er did not finish speaking, and the international gold electronic disk had a change.

"It's not yet time for the European trading session, can't you wait?" Liu Mingxuan, who is keeping an eye on the price of gold, has already discovered that the international gold spot on the Hong Kong Gold Exchange has begun to be raised by the big buying orders of many main parties.

"Boss, there has been a change in the price of gold, and it is now at $327.1, which has exceeded our holding cost of $326.9 of 180 million lots." Ji Keying made a offer as soon as possible.

"Less than $328 can make it rise and speed up the suppression of New Zealand crude oil." Zheng Fan changed his previous unhurried style, and the whole person gave people a sense of acuteness.

"New Zealand crude oil June contract, $17.52 sold 2 million lots." Even if she was urged by Zheng Fan, Ye Qian was also a stable trader and was not affected much.

Because of the relationship between the operation of New Zealand crude oil, Ye Qian has felt through the changes in the disk, and now the oil price has entered a downward trend, as long as it is slightly guided in the intraday, it can achieve a good deep killing effect without smashing.

"It seems that due to the impact of the Thai financial crisis, there has been a large amount of selling of New Zealand crude oil, and such a violent decline is the rhythm of going down again." Ji'er is quite satisfied with the rate of decline in oil prices, at least it seems that it is much faster than the price of gold, and she has not encountered any resistance.

"Thailand alone, not to cause such a panic, the fall in oil prices, is out of the expectation of the collapse of the entire Asian economy, these Asian developing countries, are large importers of crude oil, oil production is relatively small, once the economy falls into a low ebb, the demand for crude oil will be greatly reduced, this financial turmoil, is really brewing!" Zheng Fan had a strange smile on his face.

(The second update will be sent.) ）