Chapter 250 Investing in Gold Futures
More than a week later, Li Hualong, Yang Meng, Xi Chongyi, Li Linqi and Li Shengrui boarded a flight to London. txt full works download【】
Whether it is in his previous life or in this life, Li Hualong has never been to London, but he knows that there are many places worth seeing in London, and he took his two wives and a son and daughter to go shopping and shopping malls and famous attractions.
When visiting the Harrods department store, Li Linqi, who was holding Li Hualong, smiled and asked, "Dad, how do you feel when you visit the Harrods department store?" ”
"How do you think I'm going to feel?" Li Hualong asked with a smile.
"Do you feel that Times Square is a notch behind Harrods?" Li Linqi asked.
"There is no comparison at all." Li Hualong smiled and said, "Don't be flattering, harrods are nothing, as long as your father is willing, he can sell this department store and give it to you immediately!" ”
"I know you're rich, so you don't have to show off." Li Linqi smiled and quipped, "If you really want to buy this department store and give it to me, I will consider it." ”
"Lynki, don't talk to dad like that." Xi Chongyi said with a straight face.
"It's fine." Li Hualong said happily, "Chongyi, don't be too serious, hehe, I have always felt that my children are willing to joke with my father, which can prove that my father is a good father." ”
"You're a crooked." Xi Chongyi smiled, "It's not good that the children are not big or small. ”
"I'm not big or small, I respect my dad very much!" Li Linqi grinned.
"Lynki, seriously, do you like this department store?" Li Hualong asked with a smile. txt novel download
"I don't like it." Li Linqi shook her head with a smile and said, "When I graduate from university, I want to stay in the UK to work and be interested in this department store, are you considering whether to give this gift." [S. loves to read]"
"After you graduate from university, you can't stay in the UK to work......" Xi Chongyi pretended to be displeased.
"Lynki just said it casually." Li Hualong interrupted, "Don't talk about this topic. It's not easy to come to the UK, see more, buy more things......"
Li Hualong and others played in London for a few days, and the school opened.
After completing the enrollment procedures. Li Linqi and Li Shengrui lived in the school dormitory and started their university life.
With no children by their side, Li Hualong, Yang Meng and Xi Chongyi had no interest in continuing to play in London, and they boarded a flight back to Hong Kong, accompanied by four bodyguards.
Soon after returning to Hong Kong. Li Hualong got a piece of good news -- Hutchison International turned losses into profits.
Over the past six months, Willy has dissolved or sold 96 companies under Hutchison International.
Affected by this good news, in October, the share price of Hop Kee International rose sharply, once exceeding HK$4.
One night in late October, Li Yisong, Li Huawen, Li Hualong, and Li Huahu were discussing this business matter in Li Hualong's study.
"The price of gold has fallen a lot this year, and in the international market, it has fallen below $150 per ounce." Li Hualong asked, "Have you noticed?" ”
"I noticed, heard. A number of pawnshops in Macau have lost money because of the sharp drop in gold. Li Huahu said with a smile, a little gloating.
"Third child, are you going to invest in gold again?" Li Huawen asked with a smile.
"That's right." Li Hualong smiled, "I feel that in the next few years, the increase in gold prices will be greater than the increase in housing prices." This time, a small part of the funds were invested in buying spot gold, and most of the funds were used to buy New York gold, which is gold futures. If you're lucky, a few years. Able to get more than ten times, or even dozens of times the profit. ”
"In five years, I can make ten times the profit, then I will be happy." Li Huawen said with a smile. "I'll try to draw out 100 million Hong Kong dollars in a month, the third child, you can help me operate it."
"Okay!" Li Hualong joked, "I'm going to take a commission." ”
"Whatever you want. Make billions, you say you didn't make a penny. It doesn't matter. Li Huawen also made a joke.
"Borrowing money from banks and buying spot gold can also make money, right?" Li Huahu asked.
"This ......," Li Hualong was stunned, "Maybe in the short term, the price of gold may fall, but in the long run, I think there must be a big increase." ”
"How much money are you going to invest in gold futures?" Li Yisong asked.
"Two or three billion Hong Kong dollars."
Li Hualong thought about investing billions of Hong Kong dollars, or even tens of billions of Hong Kong dollars to long New York gold, but he thought that the daily turnover of New York gold could not be compared with more than 30 years later, so he gave up this idea, if he invested too much money to go long, it would definitely greatly affect the international gold price trend.
Li Hualong feels that compared with oil futures, the price of gold futures is more variable, OPEC makes a little move, Europe and the United States do not have much way to use oil, even if he invests a lot of money to go long and short oil futures, it may not be affected by the oil crisis a few more times, if he invests too much money in gold futures, it will definitely affect the trend of international gold prices, which would have risen, but there has been a reverse trend - falling.
"So much?" Li Huawen was surprised, "You are not afraid of losing money if you make a mistake in your prediction." ”
"I'm afraid, who said I'm not afraid!" Li Hualong smiled, his tone was not afraid at all, "I know very well that any investment has risks, and I have the ability to take this risk." ”
"Third brother, I remember last year, you went to the United States to buy stocks. Earned? Li Huahu asked.
"Ten days ago, I asked someone to calculate it, and according to the stock price at that time, there was a book profit of about 35%."
"It's not a lot." Li Huahu said.
"A lot, in the past three years, the U.S. stock market has not been a bull market, and I think which U.S. companies I hold stocks have great potential for development, if there is a big bull market in the United States, then I will be developed!" Li Hualong took a sip of tea, looked at Li Huahu with a smile, and asked, "Fourth brother, do you plan to invest in gold?" ”
"Big brother invests 100 million, I will also invest 100 million!" Li Huahu smiled slightly and made a joke, "I've lost money, I'll settle accounts with you!" ”
"Okay, it's mine.
In the following months, the international gold price continued to fall, and Li Yisong, Li Huawen, Li Hualong and Li Huahu bought a large amount of New York gold in their personal names.
Seeing the fall in gold prices, Li Yisong, Li Huawen and Li Huahu did not blame Li Hualong, nor did they be anxious, let alone move the idea of cutting the flesh and untying it.
Li Hualong was even more unmoved, and continued to invest money to buy New York gold.
Li Hualong clearly remembered that at the beginning of 1980, the international gold price would exceed $800 per ounce, and he did not feel that he had a trend that could affect the international gold price.
Li Hualong hopes to be able to sell gold at a price of less than $150 per ounce in the future, and in four or five years, he can make more than ten times the profit by leveraging more than four times the leverage. (To be continued.) )