Li Xu traveled to the year 1960. In this era, which he had never seen before and only heard about in books and from elders, the only thing he could do was ensure his family had enough to eat and li...
The price of gold has been rising in recent years, for twelve consecutive years, from the initial US$35 per ounce to US$850 in January this year.
After that, the US president stepped in to suppress the gold market, and the price of gold began to fall all the way. It has now fallen to just over 600.
What Li Xu wants to do this time is to short gold and trade on the Hong Kong London Gold Exchange.
The reason for choosing it instead of the Hong Kong Gold Futures Exchange is that the trading behavior in the futures exchange is too formal, with not many participants, and it cannot absorb such a large amount of funds.
Some people may ask, since gold prices have been rising before, why didn’t Li Xu speculate in gold before?
It's very simple. He doesn't know how much the price of gold will increase, nor does he know when gold will start to fall.
If you force the speculation, the risk will be too great.
In contrast, he prefers to take the safe approach and speculate in oil, which he knows everything about.
Now he chooses to short gold because he knows how much gold will fall and how long the fall will last.
He didn't want to reveal his identity and asked the ship charter king to hire bodyguards because the benefits were too great.
The most crucial thing is that they make too much money, which will cause the interests of the five major gold merchants and three major banks behind the market to suffer losses, and big losses.
Being able to do this job, no one really thinks they are vegetarians, right?
The charter king knew that there might be danger, but he still took the responsibility because he felt that if someone really caused trouble, he could handle it with his size.
Of course, he did this to protect Li Xu so that he could continue to help him make money.
As for why the charter king agreed to hire a bodyguard, it was actually just to be on the safe side.
Originally, Bao Chuanwang and others should have gone to the stock exchange to trade, but in order to prevent others from seeing Li Xu and the other two, they could only come to HSBC and let the bank's people come forward to trade.
For this purpose, Shen Bi specially arranged a group of people to go to the exchange to operate for them.
Chen Bi is now in a difficult situation and can only go down this path to the end.
Because one of the five major gold merchants is the British HSBC...
Today, HSBC's headquarters is in Hong Kong, and HSBC Bank UK is its branch.
This means that if Li Xu and his team get very high returns, then Shen Bi's act of lending them so much money is equivalent to stabbing the branch in the back.
In this situation, do you think he has any choice?