Yi Xiaohai has always felt that he has strong endurance and restraint.
He is proud of this.
But,
When Li Xuanyu stood in front of him wearing his white shirt and exposing his snow-white thighs, asking him not to restrain himself,
Yi Xiaohai discovered,
The self-control that I was proud of became a joke under the temptation of the fair-skinned and beautiful Li Xuanyu.
Yi Xiaohai had to admit that he couldn't resist the temptation of Li Xuanyu's beauty.
He didn¡¯t want to resist either.
¡°However, God seemed to be joking with him.
The excited Yi Xiaohai stripped himself and Li Xuanyu clean, but was embarrassed to find that Li Xuanyu had come to visit relatives.
Yi Xiaohai¡¯s mind was buzzing at that time.
The two sides set up their positions and prepared to fight for 300 rounds. The other side suddenly cheated and got a free card. He almost went crazy.
"Destiny has made a joke to you, but you still have to face it with a smile. It's Yi Xiaohai."
Fortunately, Li Xuanyu is a kind girl. He can't let go of the war he started just because he has a free card.
But Yi Xiaohai still felt uncomfortable.
Early in the morning, I went out for a run and then took a cold shower to feel better.
Li Xuanyu is still sleeping, so Yi Xiaohai goes to the company first.
The matter of him asking Dong Li to invest in gold is almost over.
¡¡
There is a saying in China that antiques come from golden times in troubled times.
It means,
In troubled times, gold is the best choice because it is easy to carry and can maintain value.
During the peaceful and prosperous times, when the economy was prosperous and order was good, antiques were not easily damaged, would continue to increase in value, and were easily sought after by people.
This proverb may need to be interpreted more broadly in modern society.
For example, a bad economic situation, high inflation rate, financial risks, etc. can all be understood as "chaos" in a specific field.
Gold has properties such as wealth preservation, financial risk hedging, and inflation hedging, and its status is irreplaceable.
As for the price fluctuation of gold, we must talk about the rice knife.
There is a saying in the financial world: take gold and give up rice knife, take rice knife and give up gold.
Although gold is not a legal tender, it always has its value and will not depreciate into scrap metal. If the trend of rice knives is strong and the opportunity for investment in rice knives to appreciate is high, people will naturally chase rice knives.
On the contrary, when the price of gold is weaker in the foreign exchange market, the price of gold will be stronger.
To a certain extent, rice knives and gold are negatively correlated.
In the early 1970s,
The United States announced that it would no longer commit to converting rice dollars into gold, the Bretton Woods system collapsed, the price of gold decoupled from rice dollars, and began to float freely.
Since then, the price of gold has been riding wildly like a wild horse.
In 1972, the gold price in the Yingge cold market rose from 46 meters per ounce to 64 meters per ounce, and broke through 100 meters the following year. By 1977, the gold price reached 180 meters.
In 1978, crude oil prices soared to 30 meters per barrel.
Gold itself is a store of value under inflation, and it is inseparable from the inflation in the United States. The rise in oil prices means that inflation will follow, and the price of gold will also rise to 244 meters.
In 1979, the inflation rate in the United States exceeded 12%. As a powerful weapon against inflation, gold rose to 500 US dollars. In 1980, it reached a maximum of 850 US dollars.
The United States does not want to see the status of Mi Dao being challenged. The United States implemented a high interest rate policy and strengthened the exchange rate of the rice knife, causing the price of gold to fall rapidly.
The 12-year gold bull market has come to an end, and the price of gold has entered an undervaluation.
The price of gold has been below 300 knives in the past 20 years. Even starting in July this year, the price fell below 260 knives.
In this context, it is difficult for gold prices to improve.
But Yi Xiaohai just went long gold and succeeded.
"Brother Dong, how's the gold futures going?"
¡°After rising to a high of $339 an ounce yesterday, it began to fall slightly, and then the price stabilized between 329 and 334¡±
This number is similar to the number in Yi Xiaohai's memory.
"Do you have any plans?"
Yi Xiaohai did not directly issue the next task, but asked Dong Li if they had any ideas.
He hopes that Dong Li, Zheng Bingyun and Shen Tengfei will have the habit of independent thinking and decision-making instead of always waiting for him.order.
Dong Li knew what Yi Xiaohai was thinking, and he was also consciously making his own decisions.
"I have discussed with Lao Zheng and Tengfei that we want to stop investing in gold futures today or tomorrow at the latest"
"why?"
Yi Xiaohai continued to ask.
"After 1980, the international environment, especially the economy of the foot basin countries, suffered a serious downturn. The yen continued to fall, the US dollar continued to strengthen, and gold was severely hit"
¡°The current price of crude oil has been rising due to many reasons. The positive correlation between gold and crude oil is low, which is mainly related to the exchange rate. In addition, the monetary policies of various countries have been relatively tight, and the overall environment is negative for gold. ¡¡±
¡°The rise in gold prices this time was affected by the agreement between 15 central banks to limit the sale of gold reserves. The good news that appeared in a short period of time will not be maintained for a long time, and may even fall sharply"
"So we are going to stop investing in gold futures, continue to be stable in the crude oil futures market, and continue to short the U.S. stock market."
Yi Xiaohai nodded.
Dong Li, Zheng Bingyun and Shen Teng, each of them has flaws in character and ability.
But when they were combined, their personalities complemented each other, with Dong Li at the helm, Zheng Bingyun in charge, and Shen Tengfei in charge, and the chemical reaction was perfect.
He was very pleased.
"I agree with your analysis."
Yi Xiaohai approved their plan before continuing.
"The funds in the independent account will start shorting gold futures today for one month. As for the Han and Tang Dynasties, you decide for yourself."
The last time he came to Xiangdao, Yi Xiaohai proposed an equity incentive system.
In order to smoothly implement equity incentives,
Yi Xiaohai sorted out all the funds of Han and Tang Dynasties.
He took away 220 billion in cash and put it in a separate account. Although this money was managed by Hantang Investment, the profits earned had nothing to do with Hantang.
¡° Moreover, this amount of money is managed by Yi Xiaohai personally, and Dong Li is responsible for its execution.
As for the 30 billion funds under the Han and Tang Dynasties, it was Dong Li and the others¡¯ money to practice.
¡° This is the only company in the world that dares to spend 30 billion US dollars to train subordinates, and there is no semicolon.
"By the way, have you calculated the profit from this investment?"
"Because the investment has not yet ended, I haven't calculated it in detail, but we opened a position in early September, and the average purchase price was 260 US dollars per ounce. Now that we close the position, we will earn about 70 US dollars per ounce"
The investment has not officially ended yet. Dong Li only has a rough idea. If he wants to know the detailed figures, he can only ask the finance department.