"Boss, the international gold spot began to fall, and $328 could no longer support it, to $327.95. Pen, Fun, Pavilion www.biquge.info" In the self-operated department of Dafu Bank, Ji Keying said loudly.

"In the case of our new short position, the $20 of New Zealand crude oil also broke, and the price gradually slowed down with the selling." Luo Hong, a thick-lipped woman, reported the situation to Zheng Fan one after another.

"Different from the decline in oil prices, the situation of international gold spot does not seem to be quite right, and there are faint traces of the main force in the market." Liu Mingxuan observed the trend of oil prices and gold prices and made a comparison.

"Don't care, we currently have too much capital, and we will definitely face certain difficulties in opening a position, as long as the gold price does not fall below $325, we will continue to build a position." Zheng Fan looked quite calm about the changes in the market.

"I don't know why, now that you give the operation order, it seems that there is no passion as before, and everything is so smooth." Ji'er asked with a smile.

"The amount of funds has become larger, and the step-by-step operation is more important, and we are still doing intra-New Zealand crude oil, which is not a good time for the main battle with the Japanese system, as long as they bite them on the international gold spot." Zheng Fan said with a faint smile.

"With more than 100 billion dollars of private wealth management from Daifuku Bank, it is enough for those Japanese main forces to drink a pot." Ji'er said with confidence.

"Do you know why I'm going to run New Zealand Crude Oil first?"

Zheng Fan shook his head, as if he meant to remind Ji'er.

"For fundamental reasons, yes."

In Ji'er's view, Zheng Fan attaches great importance to the operation of the capital market.

"It's just one aspect, and the most important thing is to expand another round of funds, otherwise once the international gold spot war starts, I am not absolutely sure of the amount of funds in Century Holdings." Zheng Fan's eyes gradually deepened.

"Isn't it enough to transfer $400 billion to our pledged securities assets alone, plus more than $100 billion that Tatfook Bank's private wealth management can use?" Ji'er looked incredulous.

"There is a way that after a hundred years of hard work, a war back to before the liberation, in the absence of a theoretical basis for shorting the price of gold, 500 billion US dollars is enough, I really dare not say." Zheng Fan was unexpectedly cautious.

"Why is there a lack of theoretical basis? The main force of the Japanese huddle has speculated the price of gold very high, not to mention that the gold price is above $325 at the moment, even if it is around $300, I think there is a great opportunity to block it. Ji'er has too many puzzles about Zheng Fan's thoughts.

"Are you sure that the rise in gold prices is purely caused by Japanese funds, rather than driven by internal factors in the market?" Zheng Fan asked with a playful smile at Ji Er.

"What does the boss mean is that the main momentum of the rise of international gold spot is not from speculation, but from the change of medium and long-term trends?" It wasn't until this time that Ji'er's heart really became nervous.

"If it is a market, it can be regarded as a process of joint efforts of all parties, and perhaps the multi-party speculators we have to face are far from being as simple as Japanese group funds." Zheng Fan's eyes narrowed slightly, and he smiled.

"But don't forget, boss, the theoretical basis for our long New Zealand crude oil still exists, and now we are short, at least I haven't seen much change in the fundamentals of international crude oil." When she thinks about the situation in the Middle East and the cost of crude oil extraction, she can't help but maintain the view that there is an increase in oil prices.

"There is indeed a turning point, the peak of oil consumption in the cold winter has passed, we last year, it was only a phased judgment, OPEC will not increase production, but the release of crude oil production capacity is still in a big upward trend, last year's production increase stagnated, but it will become an incentive for the release of production capacity again this year, now our headquarters is in Hong Kong, I don't know if you have paid attention to the economic situation in Southeast Asia." Zheng Fan lit a cigarette and asked Ji'er.

"Is the boss talking about the economic situation in Thailand?"

As the president of Taifu Bank, Ji'er is quite aware of international economic developments, but until this time she was still not too sensitive.

"It's already June, and as early as the beginning of February, international investment institutions have set off a wave of selling the Thai baht, causing large fluctuations in the Thai baht exchange rate, and this situation has not eased until now." Zheng Fan walked to the small round table and sat down.

"Those international speculators, purposefully borrowed up to $15 billion in forward Thai baht contracts from the Bank of Thailand, and then sold them on a large scale in the spot market, which increased the pressure on the fluctuation of the Thai baht exchange rate and caused turmoil in the Thai financial market. Ji'er said very clearly.

"Go on."

Zheng Fan smiled while smoking.

"At the beginning of March, some companies in Thailand, liquidity problems, 9 financial companies and 1 housing loan company increased capital by nearly 10 billion baht, that is, less than 400 million US dollars, for which the Central Bank of Thailand requirements, banks and other financial institutions will be bad debt reserves, on the basis of 100 percent, the overall increase of one to two percent, this move to make the financial system's reserves, immediately increased by 50 billion baht, but this is only the public announcement, I think the actual amount will be greater, It could exceed $10 billion. Although Ji'er said part of Thailand's economic state, she didn't take it too seriously.

"Shooting yourself in the foot, the Bank of Thailand's move to increase financial market reserves, aimed at strengthening the stability of the financial system and enhancing people's confidence in the financial market, but instead of playing the role of stability, but the public's confidence in financial institutions has declined, resulting in a run on banks, in just a few days, the public has withdrawn nearly 15 billion baht from more than a dozen problematic financial companies, and at the same time, investors have sold a large number of shares of banks and financial companies. As a result, the Thai stock market continued to fall, and even the foreign exchange market also showed downward pressure! Zheng Fan sighed with a smile.

"The point is that there is no one to support it, and the pressure of tens of billions of dollars will strangle the Thai financial system." Ji'er showed a somewhat disdainful look.

"Boss, you seem to be very interested in the economic situation in Thailand." As if hearing the exchange between Zheng Fan and Ji'er, Erica, who was in charge, had already gotten up in front of the computer and walked towards the small round table where the two were located.

"I'm more interested, but President Ji'er doesn't take it seriously." Zheng Fan smiled.

"Thailand's economic turmoil has not yet reached the level of tension that makes our Tai Fu Bank nervous, and with the vigorous intervention of the Bank of Thailand, the Thai stock market and foreign exchange market are now gradually stabilizing." Ji'er is quite relaxed.

"Didn't you notice an interesting phenomenon? That is, the weak trend of oil prices and the rise in international gold spot prices all occurred after the economic turmoil in Thailand, and the Thai stock market and foreign exchange market gradually stabilized, and there seems to be a certain correlation with the time when Century Holdings pledged a large number of securities assets. Zheng Fan's eyes were thoughtful.

"Indeed, it is estimated that the economic impact of international speculators on Thailand has eased because of the large number of securities pledged loans of our Century Holdings, which has caused the tightening of international interbank liquidity, and the headquarters of Century Holdings and Tatfook Bank are both located in Asia, and the regional investment strategy may cause some people to speculate." Unlike Ji'er, Erica is very interested in Thailand's economic turmoil.

"Look at it, it is estimated that this is just the beginning, the speculation activities of international investment institutions on the Thai baht, not only will not stop, but will become more and more violent, flies will not bite seamless eggs, if the situation continues to develop, I think Thailand may be the first to be unable to bear." Zheng Fan's expression was solemn and he was very cautious.

"The boss's so-called internal driving factor for the rise of international gold spot refers to economic and financial turmoil, right?" Although Ji'er doesn't pay much attention to the Thai economy, she also understands what Zheng Fan means.

"Once there is a large-scale financial tsunami, the value of gold prices will be highlighted, and the demand for crude oil linked to economic consumables will decline significantly, which is not just logic, but gradually confirmed by market trends, so you must also pay attention to, just imagine, if Thailand's economic turmoil affects Southeast Asia, and even the economic situation of the whole Asia, can you be so relaxed?" Zheng Fan smiled playfully at Ji'er.

"Boss, in the past two days, I have received news that there are a lot of international speculative funds, which are quietly establishing spot and forward foreign exchange trading positions in the Thai financial market through foreign banks operating offshore business, and these international speculators borrow Thai baht from local Thai banks, and then bury a large number of short in the spot and forward markets. It will inevitably cause panic in the market, and its approach is somewhat of a shadow of the impact on the Soviet economy. Erica whispered to Zheng Fan.

"A country's economic turmoil, and political instability, there is a direct relationship, even if the Thai government's corruption wind, far less evil than the Soviet Union, but all aspects of the situation, is not optimistic, the most important thing is that Thailand, as one of the Asian economies, also represents the economic form of many Asian countries, this form can not get rid of the influence of the United States' economic interests and policies, coupled with some capitalist group factors, once there is economic turmoil, the bad situation is likely to be constantly amplified, Even radiating to countries with the same economic form. Zheng Fan suddenly got up and on a large whiteboard in the self-management department, he kept sketching a map of Southeast Asia and the whole of Asia.

"Am I underestimating Thailand's economic situation?" Ji'er looked at Erica, who had given up trading, and couldn't help but think about it repeatedly in her heart, muttering to herself.

(The first update will be delivered.) ）