Chapter 225: The Crazy Price of Gold

According to the normal operation method, Yang Jing should first use a lower leverage ratio to operate, and at the same time keep at least 10 million US dollars of reserved funds in his hand, in case the gold price fluctuates, he can make up the position in time. If you don't have the funds in your hand and can't make a margin call, then you will be forced to close the position immediately, and eventually end up with no return.

But how could Yang Jing, who is familiar with the performance of gold prices for more than a month, let go of such a great opportunity, so under his tough attitude, Cesar Cook could only helplessly act according to Yang Jing's orders.

Even so, Cesar was also nervous, once something really went wrong, Yang Jing jumped off the building, and Cesar couldn't care about it, and he didn't want to care, but this time they really ran away in vain......

To the surprise of Cesar and his team members, the price of gold has been rising since the market opened, and after the gold pricing ended at half past ten, the price of gold is still strong and upward!

The fact that central banks sold off gold reserves did not calm the price of gold, but only stimulated the madness of the bulls, until the market closed at 11:30 p.m., and the price of gold stood firmly at a high of $543 per ounce.

During this period, the price indicator line of London gold did not even show a trace of fluctuations, and it was directly a straight line that was obliquely upward, stretching from 512 to 543, straight like an airplane in the sky......

If Yang Jing ordered the gold in his hand to be cleared at this time, calculated according to the profit of $25 per ounce, then in just two hours, Yang Jing would have made a net profit of $130 million!

However, at this time, Yang Jing obviously will not sell this gold, today it is only a little bit higher, and it is still far from Yang Jing's expected goal!

It's not that I don't know, but I'm really shocked when I calculate it! This result made Cesar Cook and his team members not relax all afternoon, looking at Yang Jing's eyes as if they had seen a ghost!

In the afternoon, the price of gold did not fluctuate much, and by the end of the day it had risen slightly, and finally after the market closed, the price of gold stood firmly above the high of $548 an ounce.

Even at this price, there is a net income of more than $30 per ounce, and the income in four hours of this day is more than $150 million!

Seeing that the market was closed, Yang Jing said with a smile: "Let Mr. Ale prepare a big meal in the evening, and we can celebrate first." After saying this, Yang Jing walked towards his room.

And Cesar Cook and his team were shocked and remorseful when they saw Mr. Smith leave in such a dashing manner.

Today's gold price trend has undoubtedly brought a strong impact to the five of them, especially Cesar, who has been working hard in the international gold market for more than ten years, but has never seen such a strange but precise operation. Not to mention seeing it, even if you hear it, you haven't heard of it.

Full position, the highest percentage, and in the case of income as high as $30 / ounce, still unmoved, still insist on full position.

"Damn! What is he doing here?" several people glanced at each other, and they all noticed the shock in each other's eyes.

Compared with such a sharp operation and such a calm attitude, César Cook and several of them were more remorseful.

Because of Mr. Smith's permission, Cesar Cook negotiated with the team last night and invested $300,000 each. However, they have limited money on hand, and they have earned it all by their own hard work, so they are still very careful with their own funds.

As a result, this caution did not matter, not only did they not use the highest leverage to open a position at the lowest price, but also watched the price of gold rise all the way, and when they opened a position at $535 at a ratio of 1:20, the final profit on the day was only $13 per ounce.

Compared to that daring Mr. Smith, they were far behind.

The blonde boy, Hank Cross, whispered, "Boss, why don't we clear the warehouse tomorrow, and then open a full warehouse like this Mr. Smith?"

Emily Ballmer, a pretty freckled girl, also said, "Chief, I think Hank's proposal is a good one. I think Mr. Smith is absolutely confident in doing this, and I don't know if he got some inside information? I think if we just follow him, we'll have a lot to gain this time. ”

Cesar Cook didn't speak, but looked at Albert, who had a beard.

Albert, with his beard and black-rimmed glasses, shrugged his shoulders and said, "Don't look at me, boss, we'll all listen to you." But I will say that today we witnessed a miracle happening with our own eyes. At Mr. Smith's behest, we also became the creators of this miracle. God, $27 million in principal, full position, maximum leverage, and then $150 million in just four hours, with a net return of 555%! Boss, I really can't think of a reason why we shouldn't follow in Mr. Smith's footsteps! I don't think we can pass up this opportunity. ”

The last ordinary-looking young man also nodded and said, "Boss, that's what I mean. Mr. Smith dares to take $27 million to do this, even if each of us only comes up with $100,000 to follow Mr. Smith to do this, even if we are forced to close the position, we are not in any danger. Besides, based on my gut feeling, I don't think we're going to mess up this time. ”

Hearing all four of his subordinates say this, Cesar Cook pondered for a long time, then gritted his back molars and said, "Okay, since you all agree to do this, then we will clear the position tomorrow, and then each of us will invest another 100,000 dollars to open a full position with the highest percentage." ”

Hearing Cesar say this, several team members high-fived each other excitedly, as if they had already made a lot of money tomorrow.

It's no wonder they're like this now, from the initial disbelief to today's complete convincing, this Mr. Smith only took four hours to trade.

And Cesar and the others also operated this miraculous operation with their own hands, and the net return rate was as high as more than 500% in one day, which was something they couldn't even think of before.

Although their yield in the international gold market last year was as high as 280%, which is also quite a proud achievement, compared to Mr. Smith's methods today, their little gain is not worth mentioning at all.

One took a year to make a profit of 280 percent, and the other made a profit of more than 500 percent in just four hours!

It's a pity that Cesar never expected that this was just the beginning of this Mr. Smith, and the real madness was still to come. And when they fully saw the madness of this Mr. Smith, the five of them regretted it again.

In César's words – we should have given it our all if we knew London Gold would be so crazy!, and because of our care, we missed our best chance of becoming billionaires......

The next day, that is, on January 3, 1980, the London gold price rose like a rocket, and when the market closed in the afternoon, the closing price stood firmly at a high of 634 US dollars / ounce, and in one day, the international gold price rose by 86 US dollars / ounce! In two days, eight hours of trading time, Yang Jing purchased a net income of 116 US dollars per ounce of London gold!

And although the five of Cesar and the others each took out $100,000 and opened a position with a leverage ratio of 1:100, the controllable funds of $50 million made it impossible for them to buy much London gold at all. And because of the crazy rise in international gold prices today, Cesar and they were a little caught off guard, and in the end the cost of their position was as high as 598 US dollars / ounce, which is 80 US dollars / ounce more than the cost of Mr. Smith's opening position.

However, the earnings of as much as $36 an ounce also made Cesar smile. They controlled 50 million dollars of funds and filled 80 lots of London gold, that is, 8,000 ounces, and the net profit in one day was close to 300,000 dollars!

London gold exploded with unparalleled energy in the first two trading days of the new year, and the huge bullish power sent the price of gold skyrocketing.

In the more than ten trading days of waiting, although the price of gold fluctuated slightly, it did not affect Yang Jing and Cesar.

And what makes them even happier is that in the face of this crazy surge in gold prices, the market IQ of the world's major central bank governors and financial leaders is undoubtedly exposed, because before that, in order to stabilize the international gold price, major central banks are desperately selling off gold reserves, such as the US Treasury auctioned a total of 6% of the Fed's gold reserves.

And now, in the face of such a strong bull market in gold, they are again talking about restoring gold's traditional role in the monetary system. On January 16, 1980, the U.S. Treasury Department announced that the U.S. Treasury Department would no longer reduce its gold reserves to stabilize the gold price, and as a result, the declaration was announced less than half an hour ago, and the international gold price soared by $30 / ounce, directly breaking through $700 / ounce, and closing at a high of $715 / ounce!

The next day, that is, on January 18, the international gold price directly broke through 800 US dollars / ounce, and then the London gold market after two days of Saturday and Sunday closure, to January 21 after the opening, the gold price is all the way up, quickly towards the historical high of 850 US dollars / ounce!

By this time, Yang Jing's 52,000 lots of London gold had made a profit of nearly $300 per ounce, and the 80 lots of London gold in Cesar's hands had also reached more than $210 per ounce.

In just 20 days, Cesar alone made a profit of up to $1.7 million!

Both Cesar and his four members of the team have already admired the mysterious Mr. Smith, and they are deeply annoyed while enjoying the huge profits.

If you are a little more bold before the market opens on January 2, even if you invest a little more, I am afraid that the profit now will be more than this 1.7 million.

Taking a step back, even if it is the second time when it is decided to open a full position, even if each person takes out $200,000, then now one person can get $580,000!

And as a team that has worked hard in the London international market for five or six years, and made a profit of up to 280% last year, the five of them actually have a little money in their hands.

I don't dare to say that one person can come up with a million dollars, but it is absolutely no problem for one person to come up with half a million dollars.

If only on January 3 they each came up with half a million dollars......

But now they regret it, and there is nothing they can do. After more than 20 days of crazy rise, even Cesar already had a trace of fear in their hearts at this time.

Seeing the international gold price rise from $512 per ounce to nearly $850 per ounce in just 20 days, to be honest, Cesar also felt that something was wrong.

At present, the international gold price involves too many aspects, not to mention, the international gold price is so strong, the US dollar, which has been strong, will immediately wither, will the Americans sit back and watch their own currency more and more wither?

Just when the international gold price frantically broke through to the high of 850, the mysterious Mr. Smith said: "Mr. Cook, this morning at the price of 833 US dollars per ounce to start the clearance! All the London gold in our hands must be cleared before the market closes this morning!"

For more than twenty days, the mysterious Mr. Smith rarely spoke, but now that he suddenly spoke, Cesar and his team members all breathed a sigh of relief in their hearts.

"Is there really a big man who will come forward to put an end to this crazy market?" Cesar remembered not only the argument with Mr. Smith on New Year's Day.

"Unless someone publicly stands up and announces the use of tough measures to curb the price of gold, it is possible to dispel people's panic!"

These are the words of my own mouth that day!

Regardless of what Cesar thought, under his command, the four members of his team, including himself, began to slowly clear the position.

The order given by Yang Jing is a clearance price of $833 per ounce, and at this price, the value of the 52,000 lots of London gold in Yang Jing's hands has reached $4.33 billion!

However, in the face of such a crazy market, in the face of a huge long market, and in the face of more than 1.6 trillion US dollars in trading funds every day, these 4.33 billion US dollars worth of gold were immediately swallowed up without a trace, and in a few minutes, 52,000 hands of London gold were all cleared!

Of course, when operating Yang Jing's London gold, Cesar did not forget to clear all the London gold they had on hand.

Just as Cesar and the others were all cleared and happily preparing to calculate the harvest of this investment, the mysterious Mr. Smith gave another order.

"Mr. Cook, please continue to use a leverage of 1:100 at the price of $842 per ounce to fill the short position! This time the operating capital for you to open a position is $138 million!"

"Short?" Cesar was taken aback by this order, seeing that the price of gold was about to break through $850 per ounce, and the rise was so drastic, he was short at this time......

However, when he saw Mr. Smith's smiling expression, Cesar felt a sigh in his heart, and immediately ordered to start shorting......