Chapter 308: Operation of the Global Metal Market (Happy New Year)

"In March 1979, the cover of the old American "Business Week" published a tearful photo of the Statue of Liberty,"

The chopsticks in Jiang Shan's hand made a few gestures in the air: "The title of the cover is even more terrifying, 'The Decline of the United States', and the gold of this article has risen sharply as soon as it comes out......"

At this moment, a group of people who were originally staying in the "Peace Hotel" had already sat in the Nanxiang steamed bun shop in the City God Temple.

A tall stack of steamers stacks on the square table, wrapped in a hot mist with a tantalizing aroma.

"Come on, come on,"

Jiang Shan and Chen Peisi, one poured balsamic vinegar and the other added ginger shreds.

"Don't patronize the two of you," Jiang Shan greeted with a smile: "Hurry up and try our Pudong xiaolongbao." ”

"Hmm," Huang Zhan took a deep breath, "It smells good." ”

"That's," Jiang Shan said, "The restaurant that started in the Tongzhi period was closed early if it was not delicious." ”

"It's early for us today," Chen Peisi remembered the scene when Jiang Shan brought him here for the first time: "Otherwise, I would have to wait an hour if I didn't say anything." ”

Lin Yanni didn't speak, and tasted xiaolongbao in small sips.

From time to time, he smiled and nodded to Jiang Shan.

Huang Zhan also ate very happily.

But what he cares more about is the words in Jiangshan's mouth.

Similarly, after the continuous counseling of the three petty bourgeoisie around him, Comrade Chen Peisi gradually understood a new thing or two about the stock market.

"In August, BusinessWeek ran another 'stock market is dead' article,"

Jiang Shan said while eating: "In November, the embassy of the rice country in Yilang served people again, and by the end of the year, when the Soviet-Afghan war broke out, gold had risen unremarkably. ”

Since March 1979, gold has changed from a slow rise to an all-out sprint.

"From $240 per ounce, it quickly jumped above the 500 mark,"

Jiang Shan threw a bun into the vinegar dish: "In January of this year, it was even crazier, and it directly crossed the 800 mark." ”

"Jiangshan," Huang Zhan felt that he had heard something: "You don't want me to chase gold, do you?" ”

"Don't," Jiang Shan immediately denied: "Do you dare to chase such a high position?" Acceleration peaks, acceleration peaks, and once accelerated, it will peak. ”

The jargon summarized by later generations is in later generations.

But now, when it has not yet been summarized, it is still very effective.

Starting next month, in February 1980, gold will slide all the way into a long and painful period of consolidation.

"And what do you mean ......?" Huang Zhan was a little confused.

They all know a little bit about how the gold has been during this time.

But the friends around him are the same as him, they all dance when they talk, but none of them make a move when they buy.

Just watched the price of gold rise all the way.

Even if you go back slightly, you don't dare to get on the bus rashly.

I'm afraid that if I'm not careful, I will become blind.

"In fact, compared to gold, silver's rally is even more dazzling,"

After the small wontons and pot stickers were served one by one, the story in Jiang Shan's mouth began to get to the point: "Have you heard of the Hunter family in the rice country?" ”

The three people who sat on three sides of the square table shook their heads at the same time.

"If it's convenient in the future, you can ask someone to regularly bring some economic newspapers of the United States to read," Jiang Shan said to Huang Zhan: "Maybe you can find some clues in the stock market." ”

Huang Zhan's eyes were clear: "You just learned about the market over there by collecting these newspaper information?" ”

"Sort of."

"Okay," seeing that Jiang Shan refused to elaborate, Huang Zhan was inconvenient to ask: "I'll try it when I go back." ”

"The Hunter family had an oil field in Libya a few years ago," Mr. Jiang continued.

"In 1973, when the Kazafi government forcibly nationalized Hunter's oil fields, the Hunter brothers, who had suffered heavy losses, decided to make a big return to the ......."

After some discussion, the Hunt brothers, who had abundant funds and time, felt that they were very suitable for sitting in the bank.

After a battle with the regulators in the United States, the Hunter brothers, who manipulated the soybean market, made a small profit of $100 million.

After succeeding, the brothers took advantage of the victory and pursued the brothers to reach out to the silver market.

"At the end of 1973, the Hunter family began to quietly buy silver spots,"

The volume of the country gradually lowered:

"At that time, silver was only $2.9 per ounce, and even if gold went up all the way back, silver was only climbing little by little.

But the Hunter brothers were very patient, and the more silver could not keep up with the rise of gold, the more fiercely they bought.

In 1976, in order to transport huge quantities of silver, the Hunter brothers chartered three Boeing 707s to fly the silver they received into Swiss banks.

It was precisely because of this move that the regulatory authorities in the United States began to pay attention to the actions of the Hunter family. ”

"The news of the opening of the newspaper has always been smarter than the government," Huang Zhan, who had heard about it for a long time, said softly: "Many times, many government departments still have to ask them for news. ”

Huang Zhanxin said that it was a coincidence, the person in front of him was eating this bowl of rice.

"Who says it's not," Jiang Shan, who was holding the rice bowl, nodded:

Seeing that their actions were noticed by the government, the Hunter brothers began to switch from buying spot silver to buying silver futures.

As the number of acquisitions grew, they brought in the princes of Shat in order to share the risk.

After six years of low inking, the Hunter family finally looked forward to 1979, when the international situation was tense.

Then, the general assault of silver began......"

Hearing this, Huang Zhan and Lin Yanni slowly put down the dishes and chopsticks in their hands.

They are no strangers to the futures market in the United States.

Born in 1848, the Chicago Futures Market in the United States opened stock index futures, known as the "king of hedging", in 1972.

Subsequently, London and Frankfurt also launched their own stock index futures trading.

In order to attract more international investors, exchanges in Europe and the United States have launched fierce competition.

Cross-border transaction services have been changed again and again to become more convenient.

Not to mention Singapore, Japan, and incense, even India, Thailand, and Malaysia have become the targets of their competition.

"Last summer, the Hunter brothers decided to set fire to the slowly climbing silver," Jiang Shan's chopsticks did not slow down at all:

"Don't ask it to rise, just ask it to spray, in just three months, the large amount of silver that was accelerated by the Hunter family quickly caught up with the rise of gold.

According to the cumulative increase of gold over the years, silver, which was originally $4 per ounce, quickly pulled to $11.

With the joint attention of relevant departments and the masses, silver has made up for several years of gold gains in three months.

But silver didn't stop there, and doubled its rise to $20 in a month.

Then, 30, 40...... By January 1980, which is now, Hunt had pulled silver to $40 an ounce. ”

"In other words," Huang said dumbfounded, "from June last year to now, silver has completed a 10-fold increase?" ”

"Sounds incredible,"

Jiang Shan smiled, investors in this era have not yet seen demon stocks:

"Don't talk about you, even the trading committee of the United States is stunned.

After some investigation, they zeroed in on the Hunt brothers and the Saudi prince.

After the news spread, more and more small and medium-sized speculators quickly poured into the silver market.

The reason is very simple, since the person who sits in the village is strong, Xiaosan can boldly follow the bank. ”

Hearing this, Huang Zhan and Lin Yanni said almost in unison: "Then we will also talk to Zhuang?" ”

Jiang Shan shook his chopsticks: "Do you remember what I said when I was in the hotel?" ”

"What?"

"Five poor, six and seven turned over," Jiang Shan reminded: "Once you step into a desperate situation, you will inevitably turn." The reverse is also true, once the rally accelerates, it will inevitably turn down. ”

"I don't think it's possible this time," Huang Zhan disagreed:

"Silver is not moving sideways now, which means that the Hunter family has not yet started shipping. The Hunter brothers have been busy for 6 years, and they won't let the price fall easily. Moreover, the price of gold is also very strong now, and it is not easy for all metal concept stocks to turn down. ”

Huang Zhan's idea is right, these metal concept stocks are all linked.

So, they will also fall hand in hand.

"If you're so good at analysis, why haven't you made money in the stock market yet?"

Knowing that if he didn't come again, he would be the same dish, so he directly poked the other party's sore spot: "Do you know why the Hunter family can quickly raise the price of silver?" ”

Huang Zhan, who was poked in pain, began to listen humbly: "Why? ”

"Because they have too much silver, of course,"

Asking what money is in the world makes people crazy about it:

"Today, the vast majority of the world's silver spot is in the hands of the Hunter brothers.

The crazy rally made the bears of silver collectively surrender and cut orders, and the silver spot market is even more difficult to find.

Spot trading is one price a day, and producers are excited to find silver mines all over the world.

Tiffany, a jeweler, published an article in the New York Times scolding the Hunter family for not being a thing.

Soon, industrial silver was also punished, and because the supply of silver compounds could not be guaranteed, film manufacturers were unable to guarantee the supply of film for hospital X-ray machines. ”

"It's okay," Huang Zhan's eyebrows tightened the more he listened: "If it continues like this, I'm afraid it will arouse public anger." ”

Jiang Shan nodded: "Let's not talk about public anger, the US imperialists are not vegetarians." ”

"No, no," Huang Zhan agreed, "Mi Guoyan is not a vegetarian. ”

"The Hunter brothers' means are to monopolize the market, and the U.S. government is definitely going to take action,"

As Jiang Shan's voice continued to decrease, the four heads above the square table gradually gathered.

"Since the beginning of this month, all newspapers in the United States have been desperately collecting news of silver.

The first piece of news that came out was a quote from an internal meeting of the Chicago Board of Trade that it would rather let the silver market go out of business than see it monopolized.

Two days after the news was published, the Chicago Board of Trade announced an increase in margin for silver contracts. Any idea what that means? ”

Huang Zhan nodded to indicate that he knew: "It means that the cost of manipulation in the silver market has increased." ”

"Unfortunately, the trend of silver is still very strong," Jiang Shan continued to whisper:

"On January 7, the New York Stock Exchange launched the rules of Silver No. 7, which is another means to restrict large transactions of silver.

It's a pity that there is still no use for birds.

But according to rumors collected by various media outlets, a number of banks have inflated the huge loan interest rates of the Hunter brothers. ”

"Huh?" Huang Zhan and Lin Yanni raised their eyelids: "This Hunter family also needs to borrow money?" ”

"How fresh," Jiang Shan clasped the table: "Otherwise, no matter how much money his family has, he can't control the global silver market!" ”

"Hmm," Huang Zhan nodded, "What else did the New York newspaper say?" ”

"At present, although the trend of silver has not fluctuated, according to the analysis of relevant people, the New York Stock Exchange will definitely not spare the Hunter brothers."

"I believe this," Huang Zhan was most interested in the relevant people in Jiangshan's mouth: "Since ancient times, the people did not fight with officials, and it seems that the Hunter brothers must not have heard this." ”

"When the soybean trade was manipulated in '73, the New York Stock Exchange also intervened," Jiang Shan pointed out the key points:

"But it still got the Hunter family, and I guess the two brothers didn't take the NYSE seriously after that.

But this time is different, after 6 years of experience, the New York Stock Exchange is not the chick of the year. ”

"Jiangshan," Huang Zhan couldn't wait: "What do you think now?" ”

"According to the market law that everything must be reversed, the crazy rise of silver has reached the time to turn around.

When the bears exited across the board, it was also time for us to run in. ”

Although Huang Zhan already had a hunch, when he really heard Jiang Shan say it, he was still stunned: "In other words, we have to operate in the opposite direction when silver is soaring?" ”

"That's right," Jiang Shan instructed, "If you're worried, you can buy less or not at all, but if it's convenient, can you buy some for me?" ”

"What's inconvenient about this," Huang Zhan resolutely responded: "How much do you want to buy?" ”

"I don't buy much,"

At this meeting, Jiang Shan had already taken out a pen and paper and explained word by word: "When you return to Hong Kong, I will ask someone to transfer a sum of money from Japan to Japan, and the size is only 100,000 yuan." ”

"Okay," Huang Zhan nodded heavily: "I'll follow as much as you buy." ”

"Aren't you afraid of losing?" Jiang Shan smiled: "Mr. Huang hasn't bought it yet, right?" ”

"I really haven't bought it," Huang Zhan also smiled: "However, even if I lose this time, it doesn't matter, I always bought it before, and I didn't make any money!" ”

"It turns out that it's really the first time, so I can't let you lose money,"

The pen in Jiang Shan's hand continued: "After receiving the money, you place an order at this price." ”

Looking at the numbers on the white paper, Huang Zhan asked, "$50 per ounce?" ”

"Yes, it doesn't matter if it's up or down, but be sure to buy it all on the day."

"You can rest assured about this," Huang Zhan laughed when he thought about it: "I don't dare to guarantee anything else, the order must be the fastest." ”

"This is the phone number of my home and work," Jiang Shan wrote: "Contact at any time if there is a situation, day and night." ”

"Okay, I'll help you get this done."

"Don't worry, Jiang Sheng," Lin Yanni said with a straight face: "I will help you keep an eye on the whole process." ”

"Then I'll thank you both in advance."

"It's us who should say thank you!"

"Is there enough xiaolongbao, do you want to add two more cages?"

"Okay!"

One meal, the four of them ate for a long time.

In the chat that followed, Huang and Lin learned a lot of clues from the newspapers and magazines of the United States.

The most important thing is that they were also surprised to learn that the simple comrade Jiangshan in front of them actually had a little friend who lived in Tokyo.

……

After returning home that day, Jiang Shan hurriedly called his friends in Tokyo: "Mr. Yu, how are you doing lately?" ”

Yu Sigui grabbed the phone and smiled: "Okay, it can't be better." ”

“……”

Talk on both sides.

Not long after returning to Hong Kong, Huang quickly watched the price of silver rise to $50 an ounce.

Far away in the rivers and mountains of Pujiang, he then received a call from Huang Zhan to buy silver as planned.

At the end of January, that is, the third day after the purchase was set to leave.

After buying silver short against the trend, Huang Zhan, who had been ridiculed and ridiculed by acquaintances from all sides, was so angry that he didn't go anywhere, hiding in the company and reading the newspaper.

In the past few days, looking at McDonald's, which is still in decline, Huang Zhan began to have the idea of clearing his position at a loss.

Suddenly, a piece of news from the "Xiangjiang Economic Herald" caught his attention:

[The New York Mercantile Exchange announced: from now on, only old silver contracts are allowed to be sold, and new silver futures contracts are prohibited......]

"Oh buy cakes,"

After brushing it, his face changed yellow, and he jumped up from the office chair: "Yanni, come and see this ......"

(End of chapter)