"Many people think that the dollar is the world's currency, but it's not true, gold is the real world currency. In times of peace, gold reserves do not make much sense, credit money prevails, and only in times of war can gold reflect its value. As for how many dollars to push, it depends on the exchange rate, and the exchange rate is the key. ”

Hearing this, Han Peacock smiled, at this time he already knew that this trend should have been advocated by Deng Hui and them.

Now the US dollar as an international currency, the US dollar is used to trade gold, if the value of gold increases, the US dollar must depreciate, and the US dollar depreciates, the price of gold will naturally rise.

To put it simply, an ounce of gold now costs almost 1,300 dollars, and if the price of gold rises, it will take more dollars to buy an ounce of gold, so that the dollar is invisible, and the dollar is equal to depreciation.

What Americans fear most now is that someone will hold a large amount of gold, and they like to let others treat gold as a grass rather than a treasure?

Because the gold purchased by the People's Bank of China is "only in but not out", this not only surprised Wall Street, but also made the US government very vigilant.

Why should the U.S. government be wary of other countries buying gold in large quantities?

Because the United States hopes that other countries will treat gold as "grass" instead of gold as a "treasure," it is more in the interests of the United States that the price of gold will fall than it will rise.

One might find this a strange statement, given that the US has the world's largest gold reserves (over 81oo tonnes), so why would the US want the price of its gold holdings to fall?

Isn't that abnormal? Actually, if you know the little-known relationship between gold and the US dollar. It won't feel abnormal.

Since the collapse of the Bretton Woods system in 1971, when the United States dominated, the "gold standard" has disappeared. The dollar is no longer pegged to gold, which means that the United States can print dollars as much as it wants, regardless of how much gold it has.

Other countries must and can only choose to use the US dollar in international transactions.

Even though countries were unhappy about this, the United States responded with the words: "The dollar is our currency, but it is your problem."

Since the United States has 11 aircraft carrier battle groups, plus there is also a Wall Street team, in terms of military and financial power. It is difficult for the world to match anyone, and the countries of the world really have no special way to deal with the hegemony of the United States except for cold salad for the time being.

Since the US dollar has a hegemonic position in the international monetary system, the United States has not only obtained seigniorage revenues and can cope with the balance of payments more easily, but also has the benefits of no exchange rate fluctuation risk for US enterprises' foreign payments and greater profit margins for US financial institutions.

In order to continue to reap these benefits, the United States naturally wants gold prices to fall. Even the price of gold has fallen to the point where it has fallen like rotten copper, making countries abandon gold as before, and the "gold standard" will never be mentioned again, so that the international monetary system can always be dominated by the dollar.

Moreover, the United States still has a legacy. As long as countries around the world do not increase their holdings of gold, the United States is still the largest gold holder, and the percentage of gold in foreign exchange reserves in the United States is 71.7%, while Russia's is only 8.3%. China has only a pitiful 1.2%.

Therefore, even if it is difficult to maintain the hegemony of the dollar in the future. The international monetary system returns to the "gold standard", and when national currencies are pegged to gold again, the US currency can still have a strong advantage.

Seeing this, I believe that everyone should understand the reason why the US government wants to keep the price of gold as low as possible.

In short, whether the economy is good or bad, gold has a market.

In times of economic development, inflation will rise, and buying gold can preserve and appreciate the value of assets.

In times of economic recession or international turmoil, gold will be the ideal safe haven for investors.

"Why are you smiling so treacherously?" Liu Wu looked at Han Peacock playfully.

Han Peacock said: "Don't you think it's very interesting? ”

"What's the point? Does the depreciation of gold have anything to do with us? Yes! By the way, you have a large amount of gold in your hand, or you can sell it while the Jin family is still suitable! "The catkins are a little hindsighted.

Han Peacock smiled: "It's selling." ”

"Selling? What does it mean to be selling? Liu Fu looked at Han Peacock suspiciously.

"Finished eating? After eating, we went home, talking as we went. Han Peacock said with a smile.

Liu Wu said: "You can't be speculating on gold, right?" ”

Holding a smile and holding the catkins, they walked slowly, Han Peacock looked at the people selling gold in the distance, and said, "We are suppressing the price of gold, in order to buy gold at a low price." ”

"What about those people? Is the gold they are selling now being absorbed by you? Liu Wu said.

Han Peacock shook his head and said: "We are suppressing the price of gold now, it is impossible to absorb the spot in the market, these should be the actions of domestic merchants." ”

"Gold is not so easy to speculate, and if it is not good, it may lead to a fire." Although catkins do not understand finance, they also know the importance of gold to all countries in the world, and it is impossible for some big countries to let go of such things.

Han Peacock said: "Don't worry, we have a plan. ”

"I'm not worried, at most you're just losing all your gold." Willow catkins said.

Han Peacock said: "Can you have some confidence in me?" ”

"Okay, then I wish you a successful start." Willow catkins said.

Sending the catkins away, Han Peacock came to Zeng Yu's dog farm, where the traders were already ready to fight, as soon as the market opened, they would start fighting.

"How?" Han Peacock saw Deng Hui and said.

Deng Hui said: "It has begun to work, and several trading centers in the world have begun to be affected, and it seems that the price of gold is certain to fall." ”

"No one took advantage of the fire?" Han Peacock smiled.

Deng Hui said: "Yesterday was the first wave, today depending on the situation, we suppress the gold price in the interests of everyone, there should be no one to make trouble, if we continue to suppress the gold price today, maybe someone will help us, so as to short gold futures, then a good profit by the way." ”

Han Peacock sneered: "We still steadily sell gold, absorb dollars, and give them a little surprise when the time comes." ”

"The market opened, and the price continued to move lower." Deng Hui looked at the transaction diagram.

Han Peacock said: "Speed up the shipment and give some people some confidence." ”

Deng Hui thought for a moment and said, "Throw a thousand lots every ten minutes until the end of the morning transaction." ”

Han Peacock smiled: "You are really generous, a thousand hands is a ton, right?" Two and a half hours, this is fifteen tons, and then twelve tons in the afternoon, and fifteen tons in the evening, so that one day is forty-two tons, and it will be ten days and eight days in a row, I don't know if anyone will be able to help but take the plate. ”

Deng Hui said: "We can sell it like this for 20 days, depending on the situation, maybe we can throw a few hundred tons in a few days." ”

"Boss, there's a situation." At this time, someone came to report.

"What's the situation?" Deng Hui asked.

"Someone threw out a big sell order before us, a thousand lots." A trader shouted.

Deng Hui thought for a moment and said, "Two thousand hands are released each time, see the reaction." ”

"Another thousand sell orders."

"Release 2,000 lots, pay attention to the volume."

"The volume is significantly larger."

"It seems that it's not just us staring at gold, since they can't help it, we stimulate, add this process, since someone wants to release more gold, then we keep it, stop trading, and see how it goes."

Deng Hui stared at the big screen, usually those predators in the United States, manipulating the price of gold, just to make a three or five hundred tons to play, he has already sold two hundred tons this time, plus other follow-ups, and now the short has become a trend.

Now that I think about it, the world's major investment banks should pay attention to their actions, and now it's up to those people to react.

If it leads to panic selling, gold will depreciate quickly, in that case, gold will be exchanged for dollars, then the US government will laugh, the dollar is in the final analysis their printed paper, no one wants gold, but keep the dollar, let the role of the dollar magnify, it is strange that they do not laugh.

"Someone followed, probably an American investment bank."

"They finally can't help it, since this is the case, we don't need to play anymore, stare at them, if they back down, then we will push them again, it's easy to make a move, if you want to stop, it depends on what we mean." Deng Hui became excited.

As long as they are watching, even if others want to pull back the gold price, they will not start until they no longer suppress the gold price, so that Han Peacock, who has a back hand, will naturally hold the control in their hands.

In the market, 100 tons of gold every 10 minutes, such a large sell-off soon triggered a violent reaction.

By this time, there were no more buys, the market was full of huge sell-offs, and the price of gold fluctuated violently.

In just one hour, thousands of tons of gold sell orders accumulated in the market, and this mountain pressed down and directly crushed the buyer's market.

Investors who have completely lost confidence will start shorting, no one is stupid, and if they do not hedge at this time, all the longs who buy gold will lose money.

The influx of selling orders directly made the price of gold start to dive.

"There's no suspense, it's down five percent, I just don't know what tomorrow will be." Deng Hui said.

The maximum daily price fluctuation limit of gold futures, but the settlement price of the previous trading day is ±5%, which means that the range of rise and fall is 5%.

Han Peacock said: "Let it fall, only our 1,000 tons of gold, not all of which have cashed out the dollar, let it continue to fall, and when we have no gold, we will turn our heads and go long." ”

Deng Hui said with a smile: "If it falls by five percent every day, our gold will not be sold so easily." ”

"Forget it if you can't sell it, no one expected those people to be so unbreathable." Han Peacock also smiled.

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