Carefree Tycoon

Supreme Sacred Ring, Carefree Tycoon!

In the 80s, a good-quality old Hainan Huanghuali round-backed armchair from the Qing Dynasty could be yours for just twenty yuan. Now, two million yuan o...

Chapter 229 London Golden God

Two waves of market, one long and one short, both positive and negative profits, a total of up to 3.966 billion US dollars in net profit! The return is as high as 146.9 times!

In less than two months, twenty-seven million U.S. dollars turned into four billion dollars!

After this number came out, Cesar and his friends were so excited that they almost jumped out of their chests! This number was an astronomical figure in 1980. Last year, that is, in 1979, the average annual income of the United States was only 10,000 US dollars. 4 billion US dollars is equivalent to an American worker working for 400,000 years without eating or drinking! Or 400,000 American workers working for a year without eating or drinking! Last year, Walmart's total sales for the year just exceeded 1 billion US dollars! And the money earned in less than two months is enough to cover Walmart's total sales for four years!

What's more, when he was shorting, Mr. Smith still took out $1.5 billion. If this $1.5 billion had been added at that time, the profit would have been in the tens of billions!

Although making money is important, what Cesar and his friends admire most now is the comprehensive qualities of Mr. Cole Smith, who is a top financial tycoon, as he has demonstrated in this wave of gold market!

He dared to intervene at such a high price, and the market started to move on the day he entered the market. This in itself is enough to illustrate Mr. Smith's judgment and courage. Then the gold price continued to rise, and in the end even those of him who had been immersed in the field of financial investment for many years couldn't help but want to throw away the gold in their hands, because the rise in the market was so thrilling, but Mr. Smith was indifferent. This is enough to show that Mr. Smith has an extremely strong heart and the calmness that a top financier must possess.

The most amazing thing is that Mr. Smith's judgment on President Carter's speech was like a stroke of genius. He had just cleared his positions in the morning, and at noon, President Carter stood up as if he had rehearsed it. This kind of judgment is nothing short of shocking! Although he did not escape at the highest point, the price of 833 was already high enough. Don't forget that after escaping, Mr. Smith turned around and made a beautiful short position, which directly made the capital he earned rise!

If there is a god in the London gold market, then this mysterious Mr. Cole Smith is undoubtedly the god of the London gold market - the London Gold God!