Chapter 559: Wash and go home and sleep
For Tang Feng's seemingly crazy and even unreasonable approach, not only the old aristocrats in Europe were caught off guard, but even Tang Feng's allies in the United States were taken aback.
Having money is not such a wasteful method! Using more than $40 billion in cash to buy a mining company with a market value of less than $30 billion is like a loser's trick no matter how you look at it.
But when Tang Mining's forcible acquisition of Anglo American Group came to light, and when Anglo Ashan announced that he was about to increase gold production, Americans and Middle Easterners realized that Tang Feng had played a big trick.
You must know that since the two major financial groups in Europe and the United States have fought in the international gold market, the European and American financial groups, which represent the power of long and short respectively, have been deadlocked in this market for nearly two months.
The Americans have an abundant amount of money, and they also have two major allies, China and the Middle Easterners, so they have an absolute advantage in the international gold market. But the old aristocrats in Europe are not vegetarians, although they were caught off guard, but with their years of accumulation, they resisted wave after wave of attacks by the Americans, and stubbornly intercepted the international gold price at the price of 850 US dollars / ounce.
The international gold price has been deadlocked at this price for nearly a month, and after nearly two months of tug-of-war, although the Americans occupy an absolute advantage, it is inevitable that they will lack stamina, and although the Europeans have been beaten in embarrassment, and the losses are huge, they are stubbornly guarding this last psychological price pass, saying that they will not back down.
If the two sides continue to stalemate, even if the Americans win in the end, it will be a narrow victory at best, and it will definitely not achieve the gains they expected at the beginning of the economic war. However, some Americans, who are unable to succeed, have no way to take advantage of the desperate defense methods of the Europeans.
Europeans understand the importance of sticking to this price point. The loss is already there. Then don't worry about those losses for the time being, the most important thing at present is to hold this psychological price, because once this price is chiseled by the Americans, then the gold price of international gold can no longer be held, and then the Americans can take advantage of the victory and take advantage of the huge profits obtained from the international gold market. Defeat your own front in one fell swoop. If that happens, the results will be catastrophic.
It is precisely because the Europeans understand this that they will recklessly stick to the psychological price mark of $850 per ounce. Because the Europeans know very well that as long as this price is kept for a long time, then it can slowly consume the advantages established by the Americans in the early stage, even if the gains of both sides outweigh the losses in the end, but it is far better than this price is broken, and eventually leads to the result of Europe's defeat!
If there is no other way, perhaps the situation will be the way the Europeans think. Partially. Tang Feng threw another set of unreasonable Wang Ba punches, which not only frightened his allies, but also directly beat the Europeans.
As soon as Angruashanti announced an increase in gold production, the international gold price was immediately flooded. There is no way, as the world's third largest gold producer, and it is also the backbone of the European camp, it suddenly defected, which is definitely comparable to a mushroom bomb for popularity.
Whether it's the stock market or the gold market. The consequences of panic are often catastrophic. Although the two major financial groups in Europe and the United States occupy a large proportion of funds in the international gold market, they still occupy a large proportion of funds in this huge market. The power of capital should not be underestimated.
In fact, before Anglo Ashanti announced the increase in gold production, there was a delicate balance between the two major groups in Europe and the United States and the international gold market, but this delicate balance was immediately broken after Tang Feng unreasonably used a method that looked like a loser's behavior to forcibly buy Anglo American.
Floating capital, which accounts for nearly one-third of the capital in the international gold market, suddenly fell to the Americans. The huge amount of money coupled with the blow of the Americans. Immediately, the international gold price plummeted below $800 per ounce in just three days.
By this time, the Europeans were literally powerless. In order to maintain the gold price of $850 per ounce, they bought enough long contracts, and now that the international gold price continues to plummet, those long contracts of the Europeans immediately become a reminder. Even the gold market forced the liquidation of positions against Europeans. The damage caused is also difficult to estimate.
It can be said that by this time, the Nth all-out war between the two major financial blocs in Europe and the United States has come to an end. This war has not even entered the stage of full-scale outbreak, and it disappeared because of Tang Feng's two unreasonable shots.
It's not that the Americans don't want to take advantage of the victory to pursue, or that the Europeans don't want to counterattack, it's that the two sides have fought so hard in the international gold market for the past two months that they are all a little tired.
The Americans are tired, and the huge profits they have made from the international gold market have also made them somewhat lose some of their desire to attack. The Europeans, on the other hand, lost a lot of money in the international gold market, not only in terms of people, but also, most importantly, in large quantities of money. Even if the Europeans want to fight back, they have the intention to kill the thief and have no power to return to heaven.
If you don't have money, you're still playing! Wash and go home and sleep!
Therefore, at this time, after a thrilling two-month international gold market war, the two major financial groups in Europe and the United States have invariably chosen to take a temporary break.
Only this time the victory or defeat may not allow the two sides to completely let go, but in the recent period of time, I am afraid that neither side will launch a large-scale shopping in a certain industry. The Americans need time to digest the huge profits made in the international gold market, and the Europeans also need time to lick their wounds
As for when the two major financial groups in Europe and the United States will make another move, Tang Feng has no heart to care. Tang Feng thinks that he has done enough in this financial war, so in the next time, unless the Europeans take action against him again, Tang Feng does not want to wade into this troubled water.
After more than a month of acquisitions, Tang Feng has won the survey rights of the land he applied for in Chile, so Tang Feng did not hesitate to take a Gulfstream G650 business plane that he had just purchased and was renamed "Captain Tiger and Iron Man" to fly directly to Arica in Chile. )