New York. Gold futures trading market!
In the VIP room, Li Yi was drinking coffee while listening to the intelligence collected by Billy, George and others.
The trading hours in New York are fixed, usually starting at 9 o'clock in the morning.
Since there was still more than half an hour before the start of trading, Li Yi asked Billy, George and others to see what changes were in gold prices in major markets.
"Yesterday, the closing price in Chicago was 599 US dollars per ounce, which was basically the same as the day before yesterday. The closing price in London was 570.48 pounds per ounce, equivalent to 599.5 US dollars..."
"According to what we have collected, except for the slight drop in gold prices in the New York market yesterday, the current international gold market has not been greatly affected by our short selling!"
As soon as George finished speaking, Li Yi asked calmly: "In your opinion, what will happen to the price of gold today? Will it rise or fall?"
Billy frowned and said, "Sir, based on my more than twenty years of experience in the industry, the situation does not seem to be very favorable to you!"
"You mean the price of gold will go up?"
"This is our analysis!" Billy said.
"George, what do you think?"
"It will rise, but the magnitude should not be very large. At most it will return to US$599 per ounce, and it is unlikely to exceed US$600!"
Li Yi smiled and said nothing, but looked at Lan Xinyi aside and said, "What about you?"
Lan Xinyi frowned, and then said: "Judging from the current trend, the signs of increase are very obvious. If it is my own judgment, I also think that the gold price will rise slightly."
Then Lan Xinyi changed her voice and said again: "But compared to my judgment, I believe more in your inference, boss. The long-term trend is definitely downward!"
Although these words may sound like flattery, they are Lan Xinyi's true thoughts.
There was a time when she was very confident in her vision and judgment.
But in the end, I found that all I could see were short-term ups and downs, while my boss could accurately analyze the ups and downs at a certain stage.
He can accurately predict the general trend, and the short-term is equally accurate!
From that moment on, Lan Xinyi understood that the gap between herself and her boss was as huge as a firefly and the sun.
Li Yi looked around and said, "What should we do if the price of gold rises?"
Billy immediately said: "If there is a small increase, there is no need to panic for the time being, but if the increase exceeds $10, we have to consider whether to continue. After all, for every $1 increase in the gold price, you will lose $17 million!" "
George echoed: "I agree with Billy. Once the price of gold rises by more than $10, there is no need to continue this game!"
"Haha, can't you hold on for $10?"
Then Li Yi made a shocking statement again: "As expected, before 11 o'clock in the morning, the price of gold will be raised to more than 620 US dollars!"
"This...how is this possible? Unless such a huge increase is particularly good news!" Billy said with a shocked look on his face.
There is a reason why the price of gold soared some time ago, and in less than two months, the price of gold has soared 1.5 times, almost reaching its limit.
It’s really not easy to increase prices by more than $20 per ounce. unless...
Thinking of this, Billy stared at Li Yi and said: "Boss, have you heard any news? Do you have the capital to prepare to snipe us?"
Li Yi did not explain, but looked at his watch and said, "It's almost nine o'clock. You go outside and keep an eye on it. The show is about to begin!"
Billy:……%￥#￥%
George: #￥%……
Lan Xinyi:……%￥#
...........
At nine o'clock in the morning, with a piercing sound of electric bells coming from the market, futures trading in the New York gold futures market began in full swing!
As soon as the transaction started, someone saw multiple gold futures contracts posted at a price of $599 per ounce.
Obviously, investors who bought it at a low price yesterday are ready to test the waters at this price!
If you are lucky enough to make a deal, you will make a profit of about US$3 per ounce.
However, what is unexpected is that these futures contracts were sold out as soon as they were listed.
When investors saw this, they became excited. The active market performance all indicates that today's gold price will usher in a peak.
As a result, some investors tried to raise the price to $600 per ounce.
As a result, it was quickly sold out again, and the speed was jaw-dropping.
In less than ten minutes, the price of gold exceeded $600 per ounce.
When Billy's people reported the situation back to the VIP room, everyone present changed their expressions.
This means that not only did Li Yi lose all his pitiful profits yesterday, he also lost $1,700.
What's more important is that trading has just begun. If it continues at this rate, we don't know how much we will lose today.
"Boss, judging from the abnormal situation in the market, there should be a mysterious force blocking us. They are trying to find ways to increase the price of gold!" Billy said in a deep voice.
"Billy, help me check someone out!" Li Yi suddenly said.
"who?"
"William!"
"That William...you're not talking about the legendary William, are you?" Billy said with a shocked look on his face.
"Yes, it's him!"
Billy reacted quickly, and then said: "Boss, isn't it the legendary William who is sniping at us?"
"If the information I got is correct, it should be him!" Li Yi said.
Hearing this, the faces of all members of Billy's team and George's team changed, and everyone's expressions could be solemn, even a little desperate.
"Sir, if it is really old William who is sniping at us, my suggestion is that we can consider cutting our flesh and leaving the scene!" George said in a deep voice.
"Why?"
"Because he is William, legendary William!" George said in a deep voice.
"Although I don't know how legendary this legendary William is, in my opinion, legends are not myths. Even myths are meant to be broken!" Li Yi said lightly.
"Sir, William is the founder of Ram William Fund and the godfather of the Western Chamber of Commerce. He is absolutely a mythical existence in the stock market. It only took him 20 years to increase his worth from 1,000 The U.S. dollar has increased 500,000 times, and he has shorted the pound many times, causing heavy losses to the British government every time."
Then George continued: "What's even more frightening is that the size of the fund in his hands has reached 10 billion U.S. dollars. Both Jim Rogers and Buffett have suffered big losses in his hands. If we are really targeted by him, If so, there really is no chance of winning unless..."
"Unless what?"
"Unless our funds can exceed the William Fund!"
Li Yi shook his head and said: "This is impossible, we don't have much reserve funds!"
It's not that Li Yi doesn't have money, but he won't use it unless he has to, and he won't tell George and others.
"this..."
Hearing that Li Yi had no reserve funds, George and others' faces became even more ugly.
At this moment, a young man from Billy's team hurried in and brought back bad news: the price of gold has risen again!
It turned out that while they were talking, the trading outside reached a climax again.
Yesterday, Li Yi and others sold a large number of futures contracts. Some people were keenly aware that someone was shorting gold, and today someone purchased gold on a large scale. It was obvious that someone came out to snipe the group of people yesterday.
Apparently a gold war is going on!
As a result, many people have raised prices crazily. Some people have already posted a price of US$610 per ounce, but those people still accepted the order.
This move further stimulated those investors. The prices they listed were getting higher and higher. The gold price in the New York gold futures market was also pushed all the way to highs. The situation became increasingly unfavorable for Li Yi.
