Chapter 199: Control the Tempo
"Angela, seeing that the situation is unfavorable, do you want to withdraw? Don't forget, there was an agreement between us before. The white-haired old man said fiercely.
"Wangada Gold Company does have an agreement with Rothschild Bank, but you are responsible for suppressing gold prices in the early stage, and only when the international gold spot price sees $277, our Vangela Gold Company will enter the market, but the suppression of Rothschild Bank has not reached the goal of the agreement." The blonde woman became unceremonious.
Unlike the four major bank market makers in the London gold market, Wangada Gold Company is one of the five major gold companies in London, along with Campberry Group, Luo Fuzi, Wanda Key, and MacPacific Gold Company, all of which have a high reputation in the international gold spot market.
"The international gold spot price has risen to $280 and is accelerating higher, what should I do?" A middle-aged foreigner in the gold investment department of Rothschild Bank reminded the white-haired old man loudly.
"John, the situation is out of control, you should understand that the reason why we suppressed the gold price is also to bet that the international gold spot will rise, depending on the current market situation, there must be other speculators, and then bet on the rise in gold prices, and very resolutely." The blonde woman, Angela 61 Ada, said to the white-haired old man in a serious voice.
"I don't think that long institutions, there are so many funds that can keep pushing the international gold price up, as long as we block it properly at the key point, we may not lose." The white-haired old man obviously didn't give up.
"The price of gold is still rising, and it has already seen $280.3."
The offer of the gold investment department is like a hammer, hitting the heart of the white-haired old man.
"It's just stupid, and you don't look at the current state of the market, can it be said that just one main speculative force can push the price of gold up? With such a large volume of international gold, it is driven by buying from all over the world, do you still want to be an enemy of the market? "The blonde seems to have lost her patience.
"Chairman, the international gold spot was blocked at $280.6, but the short position presented in the market is not too big." The investor of the gold investment department continued to make an offer.
For the gold price to rise blocked, although the white-haired old man has a rare opportunity to take a breath, he can't help but hesitate.
"John, you have to see clearly, the institution that is a rival with Rothschild Bank is just an introduction, a short period of time to concentrate superior funds to attack, causing changes in gold prices and trading volume, in order to attract funds inside and outside the market to form a short-term trend resonance, gold prices are now rising, what do you do to fight with the entire market? If Rothschild Bank is shorted again, I am afraid that it will be dragged down by the rest of the market. Angela, the woman, could feel that the white-haired old man had no intention of giving up.
"The most important thing is that I haven't found out, who is the counterparty? In this way, we are indeed very passive. A girl in a small suit with her hands in her trouser pockets frowned.
"We, Rothschild Bank, have opened as many as two million short positions just below the $279 line of international gold spot money, do we want to admit losses?" The white-haired old man has nowhere to spread fire, and the whole person has a sense of irritability.
"If the price of gold can rise and fall, I suggest that you Rothschild Bank, or to control the risk, since it can't go on, the price of gold must go up, even if there is a loss in short positions, you can get some back in time." Angela, the blonde woman, said to the old man.
"Stop loss out and backhand chasing more, wouldn't it be cheaper for that opponent institution?" The white-haired old man was stiffened by his neck, apparently unwilling to accept the woman's proposal.
"John, now is the pattern of global capital market linkage, even if today's Rothschild Bank, in the operation of international gold, lost the initiative, but this is not the only operating variety, on the basis of bullish gold prices, we can completely short the dollar index, and the international gold market is a fusion of all investment institutions, because in a very short period of time on the opponent of the downside, do you have to give up the entire market?" The blonde woman had calmed down by this time.
"It's too late to end now, if once you enter the U.S. trading session, uncontrollable factors will continue to increase, the original intention of our operation of the international gold spot, was originally to do the long market, but not to fight to the death with a certain institution, in the market, look at the previous long fund method, quite a bit of pursuit, if it is entangled with it, I am afraid it will be very troublesome." The girl in the small suit said with an interested look on her face.
"At least today in the international gold spot, Rothschild Bank is not a chance to reverse the situation, the sudden entry of the counterparty funds, has fully grasped the initiative of the market, with the general trend on the side, Rothschild Bank wants to fight against the trend with that share of funds, the opportunity is really not very big, the only way to reduce losses at the moment is to take advantage of the trend to do the gold price." While the woman Angela observed the trend of the gold price, she finally gave the white-haired old man advice.
"Although it's not too obvious, it seems that there is a share of funds that is listed near the gold price of $280.5, do you think it will be the same stock that entered the market before to close the position?" The girl in the suit asked the woman with a smile.
"It's hard to say, that fund is very sensitive to the grasp of the disk, if not, the previous suppression of gold prices will not be at a critical moment, by the other party's head-on attack, and not only that, the other party seems to have made full preparations, and the trading style is very strong." The blonde woman's face twitched slightly at the thought of the previous 500,000 hand sweeping order.
"The fierce style of making the market is based on enough confidence, that the capital is obviously very firm that the gold price will rise, but I don't understand, why will it take the initiative to find the timing of the suppression of Rothschild Bank, if it can cause panic in the market to sell, and then everyone will enter the market together, will it not create a win-win situation?" The girl in the little suit said that she was a little puzzled.
"Perhaps, as John said, this stock of funds is indeed speculating, looking for institutions to sell goods, one is to cause a wide range of gold price shocks, to achieve the goal of quickly accumulating profitable funds, the other is to grasp the control of the disk, now the position of Rothschild Bank is fully exposed, as long as you seize this point, you can wait for the opportunity to move, and continue to eat away at profits in a wide range of shocks, if Rothschild Bank frantically swings its fists, it will only fall deeper and deeper, and the funds hidden in the shadows are likely to take advantage of the chaos." Until this time, Angela already felt that the current international gold market had formed a small game.
"Radical speculative institutions, not nothing, but in the international gold market, through the disk operation ability to grow a little bit of monsters, is rare, after the previous handicap competition, even the trend of the international gold spot, is also a little chaotic and unclear, as long as there is this selection of people and devouring the funds in, I believe that any major institution must be careful, it is not good which suddenly rushed out, it will be torn off a piece of meat." The laughter of the girl in the small suit seemed to be for the white-haired old man.
"Try to check, I have contacted the major gold dealers, as well as the market-making banks, but have not found the source of this fund, I suspect that this fund itself is a market-making institution of London Gold, send someone to the London Metal Exchange to see, maybe there is the answer you want to find." The blonde woman was not so frightened by a setback, but more curious.
At a time when the international gold market is making waves, the proprietary department of Tatfook Bank in Hong Kong is operating non-stop.
"Boss, the position has been successfully closed, the international gold spot price, also from 280.6 US dollars, gradually began to fall, but our slow liquidation, did not cause a significant impact on the gold price, although the gold price showed pressure, but the rate of decline is not very fast." Ye Qian sped up her speech and said to Zheng Fan.
"Yay!"
Zheng Fan clenched his fists suddenly, showing a rare sense of excitement, which brought people a very powerful feeling.
However, after the powerful emotions, as Zheng Fan shook slowly in the disco of the self-management department, even Wang Lin, who had seen it before, couldn't help but be a little unbearable with his style.
"This ......"
The female doctor Yao Ling opened her mouth even more, a little dumbfounded by Zheng Fan's celebration.
"The most dangerous period has passed, and I finally resisted the pressure, and the next time will be the performance period of Dafu Bank, although on today's market, it is estimated that there will be no more interference caused by institutions, but we still have to be careful......" Zheng Fan shook farther and farther, muttering words on his lips, making it difficult for Wang Lin and the girls to hear clearly.
"Is this a celebration, or is it decompressing yourself?"
Ruan Yuan also breathed a sigh of relief, and glanced at Wang Lin and Ye Qian with a smile.
"This closing was very smooth, and I hope that in the future operation, it will not be too tight." I don't know why, Wang Lin always feels that the operation of Dafu Bank seems to be beginning to match the trend of the market, and even the trading has a sense of stepping into the rhythm.
"The average cost of opening the 969,000 long positions that were closed before was $278.8, the closing cost was $280.5, and the profit was $1.7 per ounce, and the total profit was $164.73 million, and if we add the previous principal of $270.36 million, the amount of funds we can control now is $435.09 million." Feeling that the operation was not over yet, Ye Qian hurriedly seized the opportunity to calculate.
"It's only been a day since you officially took over Dafu Bank, and the operating funds have grown by leaps and bounds? The capital operation ability of this monster is really amazing enough, and this is the result of paying 100 million US dollars to acquire Dafu Bank, and the amount of funds has shrunk significantly. Wang Lin secretly doubted in his heart.
(Thanks to the eight red envelopes that Sesame opened the door, the first one was delivered.) )