Chapter 930: Everything is done by international travel capital
Although Atlantic Capital, an international travel capital giant, has entered the market with a huge amount of capital, it has not changed the history of any huge changes, such as the international crude oil price has risen more fiercely than the original history, or there is any difference in the price.
In fact, it is precisely with the intervention of Atlantic Capital that the crude oil futures market has become more stable, and everything is under the control of funds, and it is developing in an orderly manner according to the original historical development trend.
This is thanks to Niam Wilson's precise handling. When Niamh first joined the KY Investment Fund, he was only very unhappy at Goldman Sachs, so he was poached by his friend Henry.
And when Niam first joined the KY Investment Fund, he only served as a director on the board of directors of the 27 American companies in which the KY Investment Fund invested heavily in its holdings. However, after all, Niamh once made it to the top of Goldman Sachs, and his own quality is still very good, and later Yang Jing asked him to serve as the CEO of KYA Capital, the predecessor of Atlantic Capital, and also served as the executive vice president of KY Investment Fund, and he did a very good job.
Later, the KY investment fund changed the name of KYA Capital to Atlantic Capital, and at the same time was responsible for the speculative operation of harvesting the legacy of the former Soviet Union. In that speculation, which lasted for several years, Niamh did a very good job, he fully understood Yang Jing's orders and secret style, and made that speculation almost seamless, so he was appreciated by Yang Jing.
In this speculative action against the global crude oil futures market, Niamh once again played the style of harvesting the legacy of the former Soviet Union, divided the massive funds into countless small accounts, used an efficient trading team to control these tens of thousands of accounts, and began to secretly establish long positions in the world's major crude oil futures markets.
The international community itself was full of misgivings about the Bush administration's intention to take action against Iraq, and with such a huge amount of money slowly beginning to support the market, international crude oil prices immediately began to grow slowly.
Because Atlantic Capital's funds are scattered too fragmented, it is almost impossible for market monitoring to find Atlantic Capital's funds, and they can only monitor that a large amount of international funds have begun to pour into the international crude oil futures market, but no one can find out the specific source of funds.
Everything is done by international travel funds!
As a result, a large number of long contracts began to appear in the international crude oil futures market, which gradually began to heat up the market, and the Bush administration really did something to Iraq, so the international oil price rushed to $30 per barrel, and never looked back!
It's just that this speculation on international crude oil prices is a very long-lasting process, lasting more than ten years. Although the final benefits are amazing, it needs to be manipulated to endure loneliness.
The same can be said for speculation in the international gold market.
In fact, the trend of international gold prices is almost the same as that of international crude oil.
After experiencing the ups and downs of the black swan market in 1980, the international gold market entered a bear market that lasted for more than 20 years, although the gold price had broken through the $400 / ounce barrier due to the global stock market crash in 1987 and the first Gulf War, but it would soon fall, and it fell to a low of $256.4 / ounce on June 4, 1999.
On September 27, 1999, in order to prevent the price of gold from continuing to fall, the European Central Bank and 14 European countries signed an agreement on central bank gold sales, also known as the "Washington-Stanton Agreement". The agreement decided to sell gold over five years, up to four hundred tonnes per year. Five years later, on 27 September 2004, the second phase of the CBBA was renewed, and two more European countries joined the agreement.
This agreement is seen as the beginning of a bull market in the gold market, because since the signing of this agreement, the international gold price has begun to recover.
At the beginning of the century, with the bursting of the Internet bubble and the financial turmoil in the United States caused by the 911 incident, the U.S. monetary policy was adjusted, and the federal funds rate was sharply lowered to a historical low to stimulate economic recovery. As a result, the price of gold rose as high as around US$330 per ounce in 2001.
Then, in 2003, the United States launched the Iraq War, and the Bush administration brazenly attacked Iraq, and the price of gold exceeded $400 per ounce that year, and for more than three years after that, the international gold price has been hovering between $400 and $450.
At the beginning of 2006, the subprime mortgage crisis in the United States began to gradually unfold, and the international gold price rose in response, and in just five months, the international gold price continued to break through 500 US dollars / ounce, and finally reached a high of 725 US dollars / ounce, and then began to adjust technically, down to a low of 560 US dollars / ounce.
But even this price is far more than the price of gold at the beginning of the new century.
By 2007, the U.S. real estate bubble burst, under the influence of the subprime mortgage crisis, the gold price accelerated, and before the 2008 financial crisis, the international gold price had broken through the record high of $1,000 / ounce, hitting a record high of $1,032 / ounce.
It was at this time that the international gold price plummeted again.
Because the subprime mortgage crisis in the United States is getting worse and worse, Bear Stearns, the fifth largest investment bank in the United States, was bought by **** at a price of $2 per share, Freddie Mac and Fannie Mae were taken over by the government, Merrill Lynch was acquired, Lehman Brothers was forced to collapse, and the global capital market was shaken. The stock market plummeted, the commodity market plummeted, the international oil price plummeted from $147 per barrel to $33.2 per barrel, and the international gold price also fell from above $1,000 per ounce to around $680 per ounce.
But then, in November 2008, the Federal Reserve announced the first round of quantitative easing, which is known as the launch of QE1, the repurchase of about $1.35 trillion in government bonds, mortgage-backed securities and other "toxic assets", the international gold price, like international oil prices, immediately launched a comprehensive upward mode, in August 2010 before the second round of quantitative easing, that is, the launch of QE2, the price of gold has climbed to around $1,386 / ounce due to the weakening of the US dollar and the Greek crisis.
With the outbreak of the Libyan war in February 2011, on August 5 of the same year, the international rating agency Standard & Poor's announced that the U.S. sovereign credit rating was downgraded from AAA to AA+, with a negative outlook, which was the first time in the history of the United States to lose its AAA credit rating, and then the gold price launched the most fierce offensive, and the gold price has reached a historical peak of $1,920 per ounce in just 20 trading days.
Eventually, after touching a high of $1,920, the international gold price began to dive
Throughout the 12 years since the beginning of the new century, the trend of international gold prices has been almost the same as that of international oil prices.
However, compared with the international oil price since 2003, although the international gold price has recovered earlier, before 2006, for the dragon fund, the international gold price is nothing to speculate.
The evil dragon fund is specialized in speculating in the black swan market, so the speculation for international gold should be laid out at the end of 2005, and then like international crude oil, from the beginning of 2006 to 2012, the international gold price has also experienced two waves of sharp rises and falls, which is a good time for the evil dragon fund to shoot.
And the Pacific Capital, controlled by David Anderson, has long been sharpened. Two and a half years after the start of the international crude oil market, Pacific Capital quietly joined the international gold market with a huge amount of money! Of course, Pacific Capital's huge amount of capital is still "international capital"
Everything is special for international travel funds!
。 Sogou