Throughout the post-World War II period, the international price of gold actually had a very delicate balance with the price of international crude oil.

Before the collapse of the Bretton Woods system in the 70s of the twentieth century, the price of gold and oil were basically linked, when an ounce of gold could be exchanged for about six barrels of crude oil, and this price lasted for a long time.

At that time, the price of gold was fixed, an ounce of gold was $35, and the price of crude oil fluctuated in the price range of $5-7 at that time, so gold and oil were almost equal at that time.

Afterward. In 1973, the Bretton Woods system collapsed, the price of gold began to soar, in just a few years, the price of gold soared from $35 / ounce to more than $90 / ounce, and at the same time, oil also because of the OPEC organization in two consecutive years to raise the oil base price, resulting in the international crude oil price in just a few years soared fourfold, thus forming the first oil crisis.

Subsequently, because of the active depreciation of the US dollar, coupled with the geopolitical crisis of the Iranian hostage crisis that broke out in 1979 and the invasion of Afghanistan by the former Soviet Union, the international gold price experienced a rollercoaster surge and plummet.

The international gold price has experienced two large ups and downs in the past 37 years, the first was in 1979 to mid-1981 this stage, in this stage, the gold price from the beginning of 1979 250 US dollars / ounce began to rise slowly, in the second half of the year because of the outbreak of the Iranian hostage crisis, the international gold price took three months to rise to 500 US dollars / ounce! Doubling the price of gold in a year!

Then, with the Soviet Union's brazen invasion of Afghanistan on December 27, 1979, the biggest geopolitical crisis of the year broke out, so in just one month after New Year's Day in '80, it began on January 3, '80, within twenty days. The international gold price has risen from $500 per ounce to more than $850 per ounce.

Then, when the market closed at noon on January 22, 80, President Carter of the United States finally announced to the world with an extremely tough attitude: "The United States will defend its position in the world at any cost!" ”

Because of President Carter's strong declaration, the international gold price began to dive high within a few months, falling below the $500 per ounce level within four months. Of course, the decline lasted only for these four months, in the following six months. The international gold price began to continue to rise, until the first half of 81 years, the international gold price had two large shocks, resulting in violent fluctuations in the international gold price.

During this time, international oil prices also soared by more than 150%.

However, since the middle of 81, the international gold price and international oil prices have fallen into a downturn for more than 20 years, although there were two Iraq wars, but oil prices only fluctuated a little, and then began to continue to calm. Until 2005.

From the second half of this year, the second big fluctuation in nearly 37 years began, whether it is the international gold price or the international oil price, as if taking an excessive dose of Viagra, began to rise strongly, within six years, the international gold price from 450 US dollars / ounce in 2005 all the way to the historical peak of 1923.20 US dollars / ounce in September 2011.

And during this period. The international oil price has risen from the level of 50 US dollars / barrel to the highest price of 147.91 US dollars / barrel!

In fact, it can be seen from this process. The price of oil and the price of gold actually go hand in hand. Just like now, the international crude oil price is hovering at the price of $50 / barrel, and the international gold price is also hovering around the price of $1050 / ounce.

But this calm was shattered on July 4, 2016. The international gold price, which has been falling for nearly five years, was first opened on this day in the London International Gold Exchange, which fluctuated violently for the first time, and then the Zurich gold market began to do the same. Then, with the rotation of the earth, Hong Kong in Asia and the last opening of the Chicago and New York gold trading markets, the international gold price began to fluctuate violently.

On this day, London gold has just opened, and the gold price, which has been slowly rising, immediately suffered a blow from the bears, and in just half an hour, a large number of short contracts made the international gold price that had just stood at $1055 / ounce fall by a full $20, a decrease of nearly 1.9%.

It seems that someone does not want to see the price of gold fall so wildly, and suddenly a large number of long contracts appeared in the market, and then in the following half hour, the price of gold actually rose by another $10.

Subsequently, it was the bulls and bears who fought in the London gold market, which led to violent fluctuations in the London gold market, which soon affected Zurich gold, then Hong Kong gold, and finally American gold.

Since July 4, 2016, the entire international gold market has become a piece of chicken feathers. The violent fluctuations in the international gold price have made countless speculators dazzle, saved up all their worth, and jumped into this boundless whirlpool without hesitation.

Every day there are laughs, every day there are grief-stricken, every day there are drunken gold fans, and in the same way, every few days you can see in the newspaper that a few more people jump off the building because of the failure to speculate on gold

How long will the violent fluctuations in the international gold price last, how many people will get rich overnight, how many people will be destitute, Tang Feng is flawless to pay attention to, he just wants to pay attention to it, Tang Feng is disgusted from the bottom of his heart.

This kind of behavior is called investment if it sounds good, and speculation when it is not good, and it is actually gambling. Wide!

Tang Feng is not averse to gambling. Bo, after all, it's a small gamble. However, if you gamble regardless of your head, Tang Feng hates this kind of behavior in his heart. In Tang Feng's view, among the five poisons of eating, drinking, prostitution, gambling and smoking, the most important thing that cannot be touched is drugs and gambling. The former will make people worse than death and become inferior to ghosts, while the latter will make people bankrupt.

Therefore, knowing the reasons behind the violent fluctuations in the international gold price, Tang Feng also knew that the battle for the gold price would eventually be won by the alliance formed by the American consortium and Huaxia, but Tang Feng was unwilling to get involved.

In the face of the alliance between the American consortium and China, although the strength of those old families in Europe is also very strong, but they are not prepared at all, compared to the Sino-American alliance, whether in terms of strength or in terms of preparation, those old families in Europe are a grade worse, so this international gold price dispute, eight times out of ten. The Ninth Society ended with the victory of the Sino-American Alliance.

And the initiator of all this is the new mining tycoon Tang Feng, who is standing in front of the newly built Lambberton Museum. (To be continued.) )