474. Gold is preferred

If you want to make money and play with dollars, this is Li Yifan's most rustic idea at this stage.

Since the collapse of the Bretton Woods system, Americans thought that the dollar was completely finished, but they were pleasantly surprised to find that there was such a big inertia in Shijie, relying on the strong national strength after World War II, the system established within the Shijie range, the US dollar has traveled all over Shijie with the jeep of the American GI, and in the whole Shijie range, the US dollar has completely replaced the British pound as the international currency, especially in the settlement process of international trade. People have become accustomed to the dollar.

Then the Americans cleverly tied the dollar and oil together, so that the golden dollar was transformed into a petrodollar, and continued to rely on the name of shijie universal currency to squeeze the whole shijie.

And Americans continue to rely on the circulation of dollars in Shijie and enjoy the value created by the manufacturers of Shijie.

When the petrodollar was popular, gold was reduced from the most stable monetary support on the original shijie to an exchangeable commodity, and its international status can be said to have plummeted.

In fact, it is not only the Americans themselves who have caused such a situation, but also the government of the whole Shijie, after all, in the era when the original gold dollar system was the monetary base, how much gold you have in reserve, how much currency you can issue, which has seriously affected the economic development of various countries.

After all, gold is a scarce metal on Shijie, and not every country can reserve so much gold, so when the relationship between gold and currency is loosened, governments of all countries are in proportional cheers, because there is no gold-based shackles. They can directly tie the currency to the credit of the government. How much money do you want to print. Just print as much as you want.

The monetary systems of various countries can also be used more flexibly, and gold has faded out of people's sight at this time, but it exists as a valuable precious metal, and whenever it encounters a financial crisis, it can also be used as a financial tool to avoid risks.

But for the price of gold, the attitude of the governments of various countries is without exception, that is, to wait and see the situation. While adjusting the domestic gold policy.

Especially in the United States, they are particularly sensitive to the price trend of gold, and as the leader of Shijie, whenever they have any moves, it will greatly affect the smuggling of Shijie gold.

Whenever the economic situation in the United States fluctuates, or when something big happens internationally and the situation is not very clear, the price of gold, as the best financial instrument to avoid risks, will soar.

And in this situation, gold quietly completed its role change. From the original monetary base, it has been transformed into a safe financial instrument to avoid risks.

Before the events of 911. The U.S. government's attitude towards gold, that is, strictly suppressed, has a lot of celebrities in the American economic circles, have said bad things about gold, such as Greenspan, such as the so-called stock god Buffett, they have all been in a variety of public occasions, singing about gold, saying that gold as a metal that cannot produce value in itself, his own price, should not always be maintained at a high level, and with the development of human science and technology, gold will sooner or later degenerate into a pure industrial metal material, the meaning is very simple, That is, gold will only become less and less valuable in the future.

And the reason why they do this is actually very simple, that is, to let those investors who have invested all their money in gold transfer their money out and invest it in other business fields, so that the currency can be circulated, and it can bring benefits to the US government and speculators like the stock god.

In fact, anyone who pays close attention to the US government's actions after World War II will find a pattern, that is, whenever the United States discovers something significant that can change the process of industry or energy, they will sing down the price of gold, intimidate investors in this way, create panic among investors, and then direct their funds to where they need funds through guidance, so as to promote the economic development of the United States.

Later, when Clinton took office, when they discovered the benefits of developing the Internet, they once sang about gold, so that the price of gold, which had been high after the second oil crisis, plummeted, and a lot of money shifted from gold investment to the Internet investment they hoped for, thus creating the continued prosperity of the United States.

In the 1980s, during the Soviet Union's military campaign to Afghanistan, the price of gold in the futures market was as high as $1,000, but in the 2000s, under the strong pressure of the US government, the price of gold has fallen to between $260 and $270 per ounce.

Most of the water squeezed out of this has been circulated into the electronic computer and Internet fields in the United States, which has created the abnormal prosperity of the IT field in the United States in recent years.

After the mobilization of troops against Kosovo in 99, the euro, which was still extremely strong, was smashed into the abyss by the Americans head-on, and was not optimistic about the prospects for investment in Europe, and a large amount of money flowed into the United States again, the largest market on Shijie, and also the safest financial center in the hearts of many people.

Although many experts were clamoring that the Nasdaq was full of bubbles and was in danger of being crowded at any time, blindly optimistic investors never believed that they would become the most unlucky Zuihou in the drumming game.

After all, as long as the credibility of the U.S. government remains, the Nasdaq stock market will continue to prosper in the absence of any negative news, and it is in this situation that the exchange rate of the dollar has been maintained at a high and strong position with the influx of foreign capital.

And the U.S. government, for such a situation, can only be described as painful and happy.

The pain is that with the influx of a large amount of foreign capital, this has caused the price of goods in the United States to soar, the problem of inflation is more serious, and the price of goods is soaring, the wages of workers will increase, so that the cost of their products will rise, resulting in a lack of competitiveness in the international market.

And the strong price of the dollar, which in turn leads to their international purchase of other countries' products at a very low price, which has caused them to have a large-scale appearance deficit, a large number of foreign industrial products, which has led to their own products in the same industry are unsalable, resulting in those companies either going out of business, or having to relocate factories abroad, which has caused a large number of unemployment among their own population.

The happiness is because of the influx of a large amount of capital, which has created a boom in the US financial market, and brought a large amount of cash flow to the United States, and the government has taxes to collect, so why not do it.

However, on the whole, such an influx of foreign capital, in the eyes of many people, still does more harm than good, after all, a large number of people are unemployed, which is not conducive to the development of the country, and in the long run, it will even shake the foundation of the country.

Therefore, the Bush administration has been seeking ways to solve the problem of unemployment among the domestic population, and in their opinion, the most haode way is to bring down the exchange rate of the US dollar, but now at such a time when there is a large influx of foreign capital, if the government comes forward to reduce the exchange rate of the US dollar, this will undoubtedly affect the image of the US government, and will make foreign investors look forward to investing in the United States, which is not what the US government wants to see, so the current US government is in a dilemma, and the price of the US dollar, But it has remained in a very strong state.

These are some basic information that Li Yifan learned later when he deliberately studied the impact of the 911 incident on the United States.

This time, we want to take advantage of the 911 incident to speculate in the United States and make money, which is nothing more than to start from two aspects, on the one hand, to long gold, and on the other hand, to short the dollar.

The reason why he understands the exchange rate of the US dollar in this way is mainly because of the price of gold ten years later, ten years later, because of the financial crisis and the frequent release of water by Shijie governments, the price of Shijie gold once remained high, reaching more than 1,000 US dollars.

However, later, the U.S. government and major investment banking institutions were singing about gold again, and even forced the American Wall Street predators to adjust their gold policy because of the gold war between Hua Guo Aunt and the Wall Street financial predators in the United States.

That incident aroused Li Yifan's interest, so he learned about the price trend of gold over the past few decades, and it was the information he learned that gave him great confidence in this trip to Xiangjiang.

He clearly remembers that he once heard a financial master say that when there is a sudden event and the situation is not very clear, gold is undoubtedly the most hedging financial instrument!

After the 911 incident, the price of gold in the financial market was the most haode interpretation of this sentence!

At this time, many people have not paid attention to the value of gold, and many people are still indulging in the madness of the NASDAQ. And it has been almost two decades since the price of gold climbed to an all-time high in 1980...... (To be continued......)