Chapter 8 Gold Rises !! (Ask for collection recommendation!! ）

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"Xiaoyu, how are you going to spend your $100,000?" Lin Jianguo suddenly asked while eating after returning from work.

"I've already spent it." Lin Yu said embarrassedly.

Although Li Yuehua had already asked him once at noon, but this time Lin Jianguo asked, Lin Yu couldn't help but feel a little embarrassed, he was really a pig brain, and he didn't know to ask his parents before the flower.

"Spent? You're saying you've already spent that $100,000? After Lin Jianguo finished speaking, he looked at it in the living room randomly.

"What are you looking for?" Li Yuehua saw her husband suddenly looking around in the living room, and asked with some curiosity.

"Didn't this stinky boy say that he had already spent the money? I'll take a look at what we've added to today. Lin Jianguo replied while looking for it.

"That, Dad, we didn't add anything." Lin Yu scratched the back of his head and said.

"Didn't add anything? So where did you spend your money? Lin Jianguo asked curiously.

"I ...... I didn't do anything, I bought all the $100,000 in futures. Lin Yu looked at Lin Jianguo and said.

"Futures? Did you buy futures? Do you know that stuff? Lin Jianguo said with a frown.

"I've read some books on that subject, so I know a little bit about it!" Lin Yu said very carefully.

Although their parents are very good to themselves, but the $100,000 was spent by themselves even with a notice, any parent will feel that this is messing around, and the mood will be bad, thinking that this is a child disobedient, challenging their authority as a parent, and this psychology of Chinese parents is even more serious. Although he has been in the United States for a long time, Lin Yu knows that although his parents have changed a lot on the surface, the Chinese psychology in his bones has not changed much at all.

What's more, I still buy futures, and futures are only a small number of people playing at this time, and most people don't understand it. Therefore, many people are very unfamiliar with futures.

Hearing that Lin Yu had read the books on that subject, Lin Jianguo's face softened a lot, and he asked, "What futures did you buy?" Petroleum? ”

"No, I bought gold. I've been watching for a long time, and the price of gold should go up recently, and it shouldn't be very small, so I want to make a little bit out of it. As soon as he talked about this, Lin Yu's mood was a little excited.

"Will the price of gold go up? How do you know? Lin Jianguo asked with some suspicion.

"This ...... It's hard to say, I've been observing for a long time, the U.S. economy is somewhat inflationary, which, combined with tensions between the Soviet Union and Afghanistan, is the reason for the rise in gold prices. However, it depends on the situation, maybe it will rise by tens of dollars, maybe it will double, this is not good. Lin Yu said a little bit according to the reasons analyzed by later generations, and he didn't dare to say it too carefully, many things have not happened yet.

"Are you sure you won't lose it?" Lin Jianguo still asked uncertainly.

"Okay, Dad, don't worry, I'm 90% sure it's going to go up." Lin Yu said.

At this time, Li Yuehua also spoke: "Even if you lose it, it's nothing, this money was originally earned by you, you can spend it however you want, but just tell us when you spend it next time." ”

Hearing Li Yuehua say this, Lin Yu nodded hurriedly and said, "Mom, next time I invest again, I will definitely inform you in advance." ”

"Son, are you sure it will go up?" Lin Jianguo asked suddenly.

"Dad, it will definitely rise, only the depreciation of the dollar will effectively curb inflation, the dollar and gold are pegged, the dollar depreciates, gold appreciates, gold depreciates, the dollar will definitely appreciate, this is the Bretton Woods system at the beginning. So don't worry about losing money. At most, it's just a matter of earning less. Lin Yu analyzed.

Lin Jianguo heard his son say so confidently, touched his chin, and said, "When you say this, I think it's necessary for me to cast a little in it." ”

Lin Yu smiled, it wasn't the money he earned, and he didn't have the right to speak. However, Lin Yu still said: "You should discuss this issue with your mother." Then he ran away.

I don't know how the couple discussed it later, Lin Jianguo still took out $100,000 and invested it in gold futures.

Everything at home is going well, living in an orderly manner every day, Lin Yu's life has changed from being at home to being between home and school.

Of course, the $100,000 that Lin Yu put in the gold futures market and the $100,000 that Lin Jianguo invested were also as Lin Yu expected, and they kept climbing, although the increase was very small, but there were still some signs of it. Lin Jianguo saw all this as his son expected, and he was even more relieved.

Slowly, in November 1979, an event occurred in the month that turned the world's attention to Iran. On November 4, Iran seized the U.S. Embassy and held 66 diplomats and civilians hostage. This shocked the whole world. After World War II, the United States was the world's first power, except for the Soviet Union, the world's second most powerful country, dared to confront the United States, few countries to provoke the United States, this time Iran occupied the United States Embassy and detained diplomats, which is tantamount to a slap in the face of the United States. The incident caused waves throughout the United States, and Lin Yu could be seen everywhere in the school with several angry students insulting Iran. Americans are proud, this is well known all over the world, and such a thing happened to the Americans, how can it not make the American people angry. Many Americans are clamoring for war against Iran. The U.S. political axe has not elaborated much on this, and every day it condemns Iran in the media and urges Iran to return American diplomats and civilians.

These have nothing to do with Lin Yu, he is not an American, so even if the United States perishes, it has nothing to do with him, at most he and his parents will live in another country.

In December, another shocking event occurred when the Soviet Union invaded Afghanistan. On December 23, Soviet troops invaded Afghanistan and captured the capital, Kabul. Many experts around the world are clamoring for the imminent outbreak of World War III.

In November 1979, the price of gold was still stuck at $390 per ounce, and in December, the price of gold rose to $470 per ounce. But he knew that this was just the beginning, and the price of gold would definitely rise.

Unsurprisingly, after the Soviet invasion of Afghanistan, the price of gold rose again, and this time by an unprecedented amount, by January 1980, the price of gold had risen to $850 per ounce, nearly three times higher than when Lin Yu first started buying. It hit an all-time high in the price of gold.

Lin Yu sold all the gold in his hand, which gave him more than $500,000 in assets. (That includes his father, Lin Jianguo's portion of the funds.) ）

Lin Yu did not hesitate to invest all 500,000 US dollars in oil futures. He knew that the Iran-Iraq war was about to break out, and now the price of oil was already a little high.

This time, Lin Jianguo didn't say anything after he knew it, he knew that his son had grown up, and he was no longer the coquettish child he used to be. However, he is still more relieved that when other people's children only know how to play, his son has begun to learn to earn money on his own.

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