"Well, because of the recent internal personnel changes, Phoenix Investment Group is also impetuous, and has no intention of working...... This is a very bad sign. What I want to say is that for all of you here, the most important thing is to make performance, and as for the rest, we should take it a little bit. Speaking of this, Tang Bao's face was still smiling, but it made a chill rise behind many executives.

Subconsciously lowered his head and pretended to read the document. As for what is going on in their hearts, only they know it.

"Well, in half a month, I want Phoenix Investment Group to return to its previous working state within half a month." Tang Bao set a deadline.

……

About half an hour later, Tang Bao's speech ended.

Then.

Tostan, who seized the opportunity, stood up and said, "Tang, I think we should talk about the futures trading department at this meeting!" ”

Call......

Tostan mentioned the futures trading department again, which made the director Erwin feel nervous, and secretly sighed that he still had to mention this matter after all.

Gold Futures ...... It seems to have become a curse for the futures trading department of Phoenix Investment Group, no matter how it operates, it is always in the red. When short selling, the price of gold soars; When buying up, the price of gold is like a dive, and it goes straight down. It seems to be against them.

"Futures Trading Department? What is there to talk about? Looking at Tostan, Tang Bao said with a casual smile. Tostan, the representative of the board of directors sent by Citibank...... For this man who was a little thin and wore black-framed glasses, Tang Bao didn't take him seriously.

Hear the words.

Tostan was furious in his heart, his face showed anger, and he said: "Tang, the futures trading department has suffered serious losses in gold futures, shouldn't such a big thing be taken seriously?" And you, as the chairman of Phoenix Investment Group, have turned a deaf ear to this. I doubt you can protect the interests of your shareholders! ”

Yo.

Staring at Tostan, who was angry, Tang Bao couldn't help but smile, "Heh, Tostan, whether I can protect the interests of shareholders or not is not up to you." Don't forget, I'm the biggest shareholder of Phoenix Investment Group! ”

Forehead.

Tostan couldn't help but be stunned, but quickly reacted and reminded: "Tang, you are the largest shareholder. But it can't hurt the interests of our small shareholders. Gold futures trading in the opposite direction, should be timely close and stop loss, and I understand that the futures trading department has never made even a penny since the start of gold futures trading, but is constantly throwing money for Phoenix Investment Group...... The newspapers made a lot of sense that businesses like this that only lose money for the company should be eliminated as soon as possible......"

"Haha......"

Looking at Tostan, who looked excited, Tang Bao couldn't help but laugh out loud, and laughed for a long time before stopping. Then he turned his gaze to the slightly chubby man across from Tostan, smiled and asked, "Mr. Macaulay, do you think so?" Heed the valuable advice of the media to close the gold business of the Futures Investment Department? ”

"Uh...... No. Tang Dynasty. We at Bear Stearns do not have any opinion on this matter and strongly support your proposal! Macaulay hurriedly spoke.

"Hmm."

Tang Bao smiled and hummed, Macaulay is much more shrewd. He had also mentioned to Tang Bao the matter of stopping gold futures in time, but it was just a private proposal, and no one knew about it.

Well?

Tostan looked at Macaulay in disbelief. Macaulay, on the other hand, turned his head to the side, apparently unwilling to follow in Tostan's footsteps. As a director of the company, it is not impossible to make some suggestions, but you must also pay attention to the occasion, and you must also recognize the situation.

And at the moment.

Tostan obviously didn't see the situation clearly, and blindly messing around will only make Tang Bao even more annoyed......

"Tang, the price of gold has been rising steadily, but the futures trading department is shorting gold futures, and the longer it drags on, the heavier the loss, and it may even cause the entire Phoenix Investment Group to fall into crisis......" Tostan still stubbornly insisted on his opinion.

"I know!"

Tang Bao replied impatiently, secretly saying what kind of director Citibank sent. But if you think about it, although Tostan is annoying, his advice is not wrong, it is all for the sake of Phoenix Investment Group. Thinking of this, Tang Bao's tone also softened slightly: "Tostan, I know better than anyone the risks that Phoenix Investment Group will face...... However, there are two sides to many things, and risks and opportunities are fleeting. ”

Well?

"Risks and opportunities are also in a blink of an eye", everyone looked at Tang Bao, who was calm and calm, and couldn't help but muttered this sentence in their hearts.

"Don, do you think there will be wild fluctuations in the price of gold in the near future? As you might expect, the banking crisis in the US is already unfolding, and many investors are looking for safe havens and frantically flocking to gold...... The price of gold will only keep rising, how can it fall? Tostan was shocked. It was precisely when he saw that the price of gold did not tend to fall, that he eagerly hoped that the futures trading department would close the gold futures position as soon as possible, or carry out reverse operations.

Not only Tostan, but other executives also showed signs of doubt, and the current situation is that the price of gold is rising. Even Erwin, the head of the futures trading department, was blindsided, and although he was not good at gold futures, he did not know anything.

Originally.

If the futures are in the opposite direction, they should close the position and exit early, or even follow the general trend and then reverse it...... However, the gold futures trading group of the futures trading department did not make any moves, and would rather bear the losses of millions of dollars in front of them than close or open positions in reverse.

Why is the gold futures trading group indifferent to the market's reaction? There was only one explanation, it was Tang Bao's private order to stay still!

Pity.

Except for the members of the gold futures trading group who accepted the order, even Horst, Erwin and others were not very clear, and could only guess a rough idea.

This is also the fundamental reason why gold futures trading has not been ordered to liquidate.

……

Yes.

Many people vaguely know that the futures trading group has Tang Bao's support, but no one knows why Tang Bao supports it.

"Heh, why can't the price of gold fall?" Tang Bao asked with a smile. He clearly remembered that in the late 80s and early 90s, the international gold price was constantly falling, and even if there was an occasional rebound, it was difficult to maintain a sustained upward trend.

The price of gold will definitely fall!

It was because he clearly remembered the gold price trend that Tang Bao firmly supported the gold futures trading group and insisted on shorting, rather than retreating halfway.

"This ......"

The directors and executives present were collectively speechless, and no one stood up to refute it. But in my heart, I didn't dare to agree with Tang Bao's gold trend judgment......

Suddenly.

There was silence in the room.

Scold.

Tang Bao's face showed a nonchalant smile, and he also knew that the price of gold fell "against the trend", which was not reasonable at all.

However, this kind of unreasonable thing happened.

"According to my analysis, the price increase in gold is only temporary, it will fall soon, and there will be a huge downside. Maybe it will fall more than you think......" Tang Bao said with a mysterious smile.

Forehead.

Looking at Tang Bao, who was full of confidence, everyone couldn't help but be stunned, especially Horst, who suddenly felt that this scene was familiar, and the scene when Tang Bao decided to short crude oil futures couldn't help but appear in his mind. How similar! Thinking of this, Horst suddenly became very excited, and said excitedly: "Boss, is there really a dive in the price of gold?" Is this another opportunity for Phoenix Investment Group? ”

"Hehe, would I joke about this kind of thing?" Tang Bao asked with a smile.

Gold Futures ......

It is indeed a great opportunity for Phoenix Investment Group to show its talents again. A little more than a month ago, Mrs. Annette advised him to continuously strengthen the influence of Phoenix Investment Group by generating unprecedented investment returns. Originally, Tang Bao was clueless, but gold futures unexpectedly broke into his field of vision. He also realized that this was another opportunity for Phoenix Investment Group to make money!

Just about.

Phoenix Investment Group and Tang Bao have not much cash in their personal accounts, and they should look for new opportunities to make a big profit, otherwise he will miss next year's Japanese economic crisis in vain.

……

"Well, I repeat, the price of gold is only temporary, and it will fall soon. This is a big opportunity for Phoenix Investment Group to make a fortune. Those who say that they should close the position and evacuate, or operate in reverse, are the most stupid. Scold...... I am a major shareholder of Phoenix Investment Group, so naturally I don't joke about the company's future. Tang Bao said very solemnly. Next, we will continue to increase our positions in gold futures and short sell gold! ”

What, to increase the position!?

Everyone was so surprised that they couldn't help but whisper.

"Tang, the gold futures trading group has shorted nearly 200,000 ounces of gold, even if it only pays 5% margin, it occupies nearly half a billion dollars, and the price of gold has been rising, increasing margin almost every day...... It is very dangerous to increase the position again. If your judgment is wrong, I'm afraid Phoenix Investment Group will cease to exist! Lady Annette reminded with a frown. Obviously, she is not in favor of increasing her position. Tang Bao has always vowed that the price increase in gold is temporary, but he has not provided a convincing reason.

Everything else was silent.

Apparently that.

They all agreed with Mrs. Annette's suggestion that the short sale of 200,000 ounces of gold was already a huge amount, and it was too risky to increase the position.

"I ...... Trust the boss's prediction! Horst's mind was filled with scenes of shorting crude oil futures, and he said almost unconsciously.

Well?

Horst's support surprised everyone. Among the top executives present, only Horst participated in the original plan to short crude oil futures. None of them understood Horst's thoughts, nor was it surprising. (To be continued......)