Chapter 889: Violent Fluctuations
"Big shopkeeper, the price of one hundred and thirty-two dollars has not stabilized, and it has fallen below as soon as the market opens today, and the opening price is one hundred and thirty-one nine hundred and sixty-five." Hu Guangyong said and glanced at Yi Zhi, who was still sitting on the desk, and said thoughtfully: "The general trend is still ...... down." ”
Yi Zhizu asked without raising his head, "Have you cleared all the warehouses?" ”
"By the time the gold price started to turn around and fall in July, it was all emptied." Hu Guangyong hurriedly replied, paused, and said cautiously: "However, this wave of market under his subordinates should not end here...... ”
"Why?"
"It's just a gut feeling." Hu Guangyong said slowly: "This wave of market felt by subordinates seems to have a feeling of being anticlimactic. ”
"It's not anticlimactic, this is the beginning!" Yi Zhizhi put down his pen as he said and lit a cigarette casually.
"Is that the beginning?" Hu Guangyong was stunned for a moment, "The previous ones were all temptations?" ”
"It can't be said to be a temptation." Yi Zhizu said slowly: "The band operation has already earned a band, and the reason why you feel that this wave of market will not end is because there is no crazy situation in this wave of market." ”
Hearing this, Hu Guangyong suddenly became enlightened, he always felt that something was wrong but couldn't say it, the reason is that this wave of market is too stable, stable, too bland! He couldn't help laughing and said: "The big shopkeeper can really be said to wake up from a dream, so in this way, it will be followed by a wave of crazy rises?" ”
"If nothing else, it should be." Yi Zhizhi knocked on the cigarette ash, "The previous band can be said to be a warm-up, attracting everyone's attention to the gold price, and the next thing is the highlight." ”
Hu Guangyong said with some excitement: "Right now, it's a low price, just eat a lot." ”
"Eat in large quantities?" Yi Zhifen glanced at him and asked, "The price of gold has risen too much, will the federal government sell gold to intervene?" ”
"Will definitely intervene." Hu Guangyong said without thinking: "The federal government will never allow a chaebol to control the price of gold, which will seriously affect the country's import and export trade, and at the same time it will also be a fatal blow to the green banknote. ”
"Once the federal government intervenes, the price of gold will inevitably plummet, and the volume is too large to close the position in time." Yi Zhizu said slowly: "Besides, this wave of gold prices is not manipulating us, we are just hitchhiking, there is no need to take the lead." ”
After a pause, his tone sank, "You remember, the main purpose of our gold speculation in New York this time is to hit the capital market of Wall Street, and making money is a secondary ......." ”
Isn't that a contradiction? Hu Guangyong frowned, how can not make money hit the capital market of Wall Street hard? Only the harder you earn, the bigger the blow to Wall Street.
New York, Yuanqi Bank, New York Branch, Manager's Office.
The big shopkeeper of the branch, Bian Dawei, who was in his early forties, put down the telegram in his hand and said aloud: "Please come to the shopkeeper Feng." As he spoke, he got up and paced slowly around the room with his hands behind his back, and the telegram was sent by Hu Guangyong, eating a large amount of gold.
He doesn't understand that the price of gold has fallen to a low level and is very stable, and the gold trading market is generally not optimistic about the gold price, and there is no speculative value at all.
Feng Zhigao, who was thirty-five or sixteen, pushed the door in and said, "What do you have to say about the shopkeeper?" ”
"Telegram." Bian Dawei pointed to the public desk, then paced to the sofa and sat down, and after the other party finished reading the telegram, he said, "What do you think?" ”
"Combined with the fact that all branches in the United States were ordered to stop lending and actively collect loans a few months ago, there will inevitably be a big change in the gold trading market." Feng Zhigao said slowly: "The big shopkeeper is a god, and Vice Minister Hu is not simple, and he will not make mistakes in judgment. ”
"But they're thousands of miles away." Bian Dawei said in a deep voice: "The federal government cannot let the gold market get out of control. ”
"The current gold price is at a low level and the risk is minimal." Feng Zhigao pondered and said: "I'll seize the opportunity to eat first, and the shopkeeper will call back to dissuade me, how about it?" ”
"Okay." Bian Dawei nodded.
The gold trading floor of the New York Gold Exchange, next to the stock exchange, is a smoky, sweaty and alcohol-smelling hall, which is recognized by all Wall Street investors as the riskiest trading floor, some call it 'the road to heaven' and others the 'road to hell' where too many people get rich overnight or are destitute.
Feng Zhigao is no stranger to this place, in recent months, he has been soaking here almost every day, as the price of gold has stabilized, the hall that was still full of people a few days ago is a little deserted at this time, but the gold trading bank as a clearing institution is still very lively.
With the end of the Civil War, grain has replaced cotton as the largest export commodity of the United States, the vast majority of merchants are in the form of credit from the farmer to buy grain on credit, and then export abroad by sea, and then pay the farmers from the overseas sales money, this credit model of grain export trade has rapidly expanded the scale of grain export trade has also increased the profit of grain trade, but also promoted the scale of the gold exchange to continue to expand.
The U.S. dollar is not an overseas legal tender, and the settlement of international trade is still settled in gold, and grain merchants must convert the gold recovered from overseas into U.S. dollars and then pay the farmers, which makes the gold exchange full of people during the peak trading season.
The emergence of gold trading banks has further expanded the scale and efficiency of gold trading, and at the same time provided great convenience for speculation in the gold trading market, with high leverage - the amazing gold speculative trading rules of 1:100 to 1:5000 have completely turned the gold trading floor into the craziest place on Wall Street.
Feng Zhigao has a deep understanding of this kind of love-hate gold speculative trading rules, which is an obsessive and irresistible trading rule, especially for adventurous Americans, as long as they try, they can't help but fall in love with him.
After turning around, returning to the brokerage house secretly controlled by Yuanqi's New York branch, Feng Zhigao ordered: "Open a position, the price below one hundred and thirty-two is fine, and it is too ugly to eat goodbye." ”
"Short selling?"
"Buy more!"
Shanghai, Zhennan Wangfu, Changle Book House.
Hu Guangyong walked into the room quickly with two telegrams, and after seeing the courtesy, he sat down and said: "Big treasurer, the gold price in New York has continued to fall for five consecutive days, and it is currently 13123, and there are signs of stabilizing and rebounding. ”
Yi Zhishu nodded and said, "Build a position slowly, don't be noticeable, after all, we are hitchhiking." ”
Before the words fell, Lin Meilian reported at the door: "Big shopkeeper, Ren An is outside asking to see." ”
"Let him in." Yi Zhizu casually ordered, and when he saw Hu Guangyong, he got up, he pressed it falsely, and said, "It's okay, there should be news from the United States." ”
Soon, Ren An walked in briskly and saluted: "The big shopkeeper, according to the investigation, is a man named Jay. Gould's businessmen were trying to manipulate the price of gold in New York, and this is his information. ”
"Jay. Gould? The corners of Yi Zhi's mouth hooked, it's this guy again! He is no stranger to this guy with the nickname of 'robber capitalist', who has just won the fiercest battle for railroad equity in Wall Street's history, the battle for the Erie Railroad, and is unscrupulously integrating American railroads.
For the infamous Jay. Gould, Hu Guangyong heard something, and immediately muttered: "If it is Gould, there must be a senior official of the federal government behind this." ”
Ren Andao: "In recent months, Gould has often appeared next to President Grant of the United States, and he has been in close contact with President Grant's brother-in-law. ”
In this way, there is no doubt that it is this guy, Yi Zhishu nodded slightly, and said, "Be careful, don't alarm him." ”
Entering September, the gold price in New York stabilized and rebounded. Gould also surfaced, unscrupulous and even crazy to buy gold, and at the same time, there were countless rumors on Wall Street, all of which were rumors of Gould's close relationship with some high-ranking officials and dignitaries.
In just a few days, the gold price rebounded strongly, quickly rebounded to one hundred and thirty-eight, such an abnormal market, so that the entire Wall Street was a sensation, many people followed the trend, and there were many people who resolutely sold short, they did not believe that Gould could manipulate the gold price, for a time there were opinions, the competition for long and short was fierce, and the gold price fluctuated abnormally violently.
The American media quickly got involved, and the "New York Tribune" fiercely attacked Gould, accusing the Gould group of sniping at the gold price as a huge conspiracy, comparing Gould to a 'gold moth' and other newspapers were not far behind, and all kinds of negative reports were overwhelming for a while.
Seeing that the situation was not good, Feng Zhigao couldn't help but be a little flustered, and hurriedly sent a telegram to explain the situation, asking for instructions to sell all the gold, after all, the price at which they opened a position was low, and they could still make a lot of money by throwing it out at this time.
After receiving the telegram, Hu Guangyong did not dare to delay for a moment and quickly rushed to see Yi Zhicontent, this situation was obviously beyond their expectations, "Big shopkeeper, this is already a public anger, and if you see it, you will accept it." ”
Yi Zhishu glanced at him and said, "When have you seen me and I will accept it when you see it?" If the price falls, just continue to eat, don't be too obvious. ”
If you don't throw it away, you still have to continue to eat? Hu Guangyong didn't know what to say for a while, and only after a while did he say: "Those high-ranking officials and politicians of the federal government dare to defy the world's condemnation to protect Gould? ”
"I shouldn't dare." Yi Zhengxing said with a smile: "However, Gould is not a character who gives up easily when he encounters setbacks, this can be seen from his performance in the battle for the Yili Railway, believe in him, and believe in my judgment, if you are worried, I will use my private money." ”
Yi Zhixin used private money, which time was not a lot of money, but this time the situation was really too special, Hu Guangyong hesitated, and then said tentatively: "Half of it can be done?" ”
"Absolutely." Yi Zhixiang said without hesitation: "No matter how much, transfer it directly from the general number." ”
Never after the Civil War has the price of gold in the United States fluctuated so violently, and the New York Gold Exchange was a daily tragedy of overnight riches and bankruptcy.
Under the strong pressure of public opinion and the resolute shorting of the bears, the gold price in New York gradually fell back to one hundred and thirty-seven, one hundred and thirty-six, one hundred and thirty-five.
Gould did not disappoint Yi Zhi, and in such an unfavorable situation, he spread rumors that high-ranking officials and dignitaries in Washington were involved in this gold speculation, and the corruption of the federal government made it easy for people to believe these rumors.
More importantly, Gould succeeded in convincing his old buddy Fisk, who convinced Fisk that the president's wife and brother-in-law were involved in the gold deal.
With the well-funded Fisker with his brokerage team into the gold trading hall in a high-profile manner, the gold price quickly rebounded, seeing this situation, countless investors and brokers on Wall Street followed suit, the gold trading floor was overcrowded for a while, the gold price continued to rise, and soon stood at the price of 137 again.
The entire Wall Street could hear the frenzied cries coming from the gold trading floor, "Gold! Gold! ”
It's not just gold exchanges that are crazy, but Wall Street banks are also crazy about gold, and people who come to take out loans fill the bank halls.
At a time when all the banks were extremely busy, Yuanqi's New York branch was closed, and the big shopkeeper stood on the office balcony on the third floor and watched Wall Street, which had fallen into madness, and he was now convinced that Wall Street was not far from collapsing.
Shanghai, Zhennan Wangfu, Changle Book House.
After reading the telegram, Yi Zhishu asked very abruptly: "What day of the week is today?" ”
What day of the week? Hu Guangyong was stunned for a moment, although Shanghai has already introduced the weekly system, but many people are still not used to it, hesitated, and then he said: "Today is Monday." ”
It's only Monday, and that's a few days of madness, Yi Zhishu nodded slowly, the famous 'Black Friday' in American history saved him a lot of trouble, and he didn't need to pay attention to the price of gold all the time, but now it's only one hundred and thirty-seven .5, and I don't know how high it will be in the end.
After a while, he spoke, "How much have you eaten now?" ”
Hu Guangyong hurriedly said: "More than 48 million, less than 50 million." ”
Yi Zhishu said slowly: "Throw it, start throwing it tomorrow, throw it slowly, don't suppress the gold price, you must throw it within two days." ”
"Must be done in two days?" Hu Guangyong looked at him with a shocked face, and he even wondered if he had heard it wrong, "Big shopkeeper, it is the craziest time for the rally, and it is not considered a high level, it may rise by a few dollars in one day!" ”
"As I said, this time it's not about making money." Yi Zhishu said indifferently: "Throw, you can't let the speculators on Wall Street have money and can't buy gold, and besides, buying and selling can make them crazy." ”