Chapter 580 Gold Speculation (Second update, please subscribe)
Gold is skyrocketing!
Starting from the end of March, with the news of the Nanyang Gold Return Committee’s future investigation, the price of gold in Nanyang immediately skyrocketed. For a time, the news in newspapers was all about gold prices. There are also various speculations, all of which are inseparable from one point, that is - a large amount of gold will be lost abroad. Naturally, this led to a sharp rise in the price of gold.
Investing in gold has become the most profitable business overnight.
Like many people in Shanghai and Shanghai, Chen Liang also likes to speculate in gold. In fact, he has always been paying attention to the gold market.
"The gold market in Nanyang is different from other places. The gold control implemented here is to control entry and exit, so immigrants can freely bring gold into Nanyang. In order to encourage immigrants to exchange gold for Nanyang dollars, the price of gold in Nanyang has always been higher than international prices. The market is between 5% and 10% higher, and what everyone earns is the price difference..."
On the way to the Hongxing Gold and Silver Exchange, Chen Liang explained the gold market in Nanyang to Cheng Qingsong.
“I know a little bit about this. After the war, the United States determined the international gold price, that is, the official price of one ounce of gold is US$35, and the gold content of one US dollar is 0.888671 grams of gold. The Nanyang dollar is closely pegged to the US dollar, and the exchange rate is 1 to 1. It stands to reason that the price of gold should be 35 yuan per ounce. "
"Yes, the price of gold in Nanyang has been hovering around 37 yuan, reaching a peak of 39 yuan, and now it has reached 41 yuan! ”
Soon they arrived at the entrance of the Gold and Silver Exchange, which was guarded by security guards with loaded guns. Although this is a gold and silver exchange, if there are robbers coming to make plans, they will definitely not gain much. Because although there are spot transactions here, they will certainly not be settled on the spot.
After walking into the gold and silver exchange, he quickly met Guan Dongsheng, a partner of Yatai Construction. After winning the lawsuit, Chen Liang simply stopped covering up and directly founded Yatai Construction Company, specializing in acquiring rubber plantations. , implemented "reform", and Guan Dongsheng, the founder of Shanghai Commercial Bank, also took the opportunity to join in and participate in this business.
There is a young man beside Guan Dongsheng, who looks to be less than 40 years old.
"Boss Chen, let me introduce to you. This is Chairman Feng of Hongxing Gold and Silver Exchange and the manager of Changde Gold."
Chairman Feng in Guan Dongsheng's mouth , is Feng Jingyun, the chairman of the Gold and Silver Exchange. He is not only the founder and chairman of the Gold and Silver Exchange, but also owns Changde Gold and Lihe Real Estate, with industries spanning the financial and real estate industries.
In Nanyang, those who can do real estate business are definitely not ordinary people, because they often take official business.
Even though the Changde Gold Company is not very eye-catching, this gold company produces nearly half of the gold bars of the Gold and Silver Exchange. It can be said to be the "Bank of Borneo" of the Gold and Silver Exchange.
"I have been hearing about Boss Chen's deeds recently, and I was wondering if there would be a chance to meet him. I didn't expect that we would meet him so soon!"
Feng Diyun stretched out his hand and said politely.
People who can find loopholes in land use restrictions, win cases in court and frustrate the authorities, can be described as ‘very powerful’.
Who would despise Chen Liang at this time?
Chen Liang said modestly:
"Everyone praises me. I am just doing a small business with my friends. I am not as good as Boss Feng. Your business here is all about treasury gold."< br>
After some small talk, the two came to the second floor of the trading hall and leaned on the railing, with a clear view of the transactions below.
I saw below a hall of more than 200 square meters, with more than a hundred gold traders wearing yellow vest uniforms. They were wandering in the hall, shouting the price from time to time. The surrounding walls were densely covered with telephones.
With the shouts of the traders, the deal was quickly concluded.
It only takes a dozen seconds, but a deal worth tens of thousands or even hundreds of thousands of South dollars may have been reached.
When speculating on gold on the exchange, 100 ounces is used as a unit of calculation, commonly known as "one lot", and one lot is worth several thousand yuan. Transactions here can range from dozens to hundreds of lots, and the leverage here can even be increased to hundreds of times. Therefore, the daily transaction volume is often tens of millions of yuan. As the earliest gold and silver exchange in Nanyang, it has always been the center of gold speculation in Nanyang.
"Boss Chen, how do you plan to play?"
After some explanation, Feng Jingyun asked curiously.
Chen Liang has a very good vision, otherwise he would not have come up with the ghost idea of "dormitory" in the rubber plantation.
Now that he wants to get involved in gold speculation, he is a little curious about what boss Chen has up his sleeve.
Chen Liang smiled and said:
“I am still a little cautious about gold, but now that everyone is bullish, they naturally want to play.”
Feng Jingyun asked Said:
“Then Boss Chen is optimistic about the potential of gold?”
Chen Liang nodded and said:
"I am indeed optimistic! After all, there is no smoke without fire!"
In fact, Chen Liang is indeed very optimistic about this gold market, because the reason is very simple, that is, there is no profit without profit. Getting up early, in his opinion, if Nanyang didn't have enough benefits, how could it be possible to take in those German war criminals? After being in the officialdom for so many years, he knew very well what he could and couldn't do.
Since they did some things regardless of the risks, they must have received benefits from others.
But today he came to the exchange to get to know Chairman Feng.
In fact, I just came to say goodbye to the pier to facilitate future transactions at the Gold and Silver Exchange. After more than an hour, we returned to Yatai Construction.
In the office, Cheng Qingsong asked:
“Boss, we have just acquired a rubber plantation, and the company’s account is less than 1 million yuan. Are all these funds invested in gold?”
“A rare opportunity!”
Chen Liang said:
“With more than one million, if we seize the opportunity, we can make at least several million!”
“Boss, are you really optimistic about the gold market?”
Cheng Qingsong asked with some confusion. He didn't know anything about gold speculation.
“I’m not optimistic about the gold market!”
Chen Liang took out two cigars from the cigar box, threw one to Cheng Qingsong, and lit another one himself, Chen Liang said.
“What I see is human nature!”
“Human nature?”
Cheng Qingsong said in confusion.
“I don’t quite understand.”
"Human nature is greed!"
Recalling the scenes he saw at the gold and silver exchange just now, Chen Liang said.
"We are like this, and so are others. Just like that Excellency, he is essentially a businessman, a businessman, and will never do business at a loss!"
The corner of his mouth raised slightly. , Chen Liang continued.
"If there were not huge benefits, Nanyang would definitely not shelter German war criminals. Even now, when other countries come to investigate, they are still sheltering Germans there. While denying that there is German gold, the other side There are war criminals hiding here. Why would he take such a big risk for those German war criminals?”
This is the fundamental reason why Chen Liang is optimistic about gold prices. In his opinion, Nanyang officials must have reached some agreement with those senior German officials and received a large amount of gold.
“Is what is written in the newspaper true?”
Cheng Qingsong asked curiously.
"I don't know yet whether it's true or not, but Qingsong, look..."
Pointing to the bustling city outside the window, Chen Liang said.
"If there is no German gold, where will he get the money to build cities and factories? No matter what you do in this world, you cannot do without money! Without money, nothing can be done. I dare He said that when he was building Nanyang, he must have used the gold stolen by the Germans. Now that the allies have found it, as long as they find a trace of evidence, they will definitely settle accounts with them. When the time comes, they will definitely have to spit out the gold they ate. Come out!"
Spitting out smoke, Chen Liang said confidently.
"What does the strength of Nanyang's currency rely on? Isn't it just because of the sufficient gold in the bank? But if you want to hand over only part of that gold to the allies, you said that by then, the price of gold in Nanyang will Where will it rise? "
Listening to the boss's analysis, Cheng Qingsong couldn't help but feel a little confused and thought to himself.
“Did Nanyang really shelter those people?”
In fact, none of this matters at all. For speculators, what they see is only the opportunity, not the truth or falsehood of time.
Many of them just want to use this reason to promote the skyrocketing price of gold and then make profits from it.
What is speculation? It’s nothing more than following the trend and hyping it up.
“Of course, we think so, and others must also think so, so the price of gold will definitely rise as high as the sky.”
Smiling, Chen Liang took a puff of his cigar, and then Speaking of
"Qingsong, do you know what my biggest feeling was during those days in Shanghai?"
Chen Liang asked and answered himself.
“The most profitable business in the world is speculation. As for speculation, you must not miss the opportunity, and you will never lose it again.”
(End of this chapter)