That is the most helpless result.
(PS: Regarding this matter, please don't take it too seriously. Lao Mo found that writing about this kind of time-space paradox almost trapped himself. Damn, this thing is too difficult to explain, everyone just take it as a joke. After all, this is YY, time-space shuttle has come out, so don't take a mere time-space paradox too seriously. But Lao Mo will try his best to follow the principle of not causing time-space paradox. Thank you!)
Now, all the preparations for this plan have been made, and I am just waiting for the opening of the London gold market tomorrow to make a fortune.
As for whether making money in the international gold market would trigger a time and space paradox, Yang Jing was not worried at all, and the Holy Ring also gave a definite answer - no.
Whether it is the gold market, the crude oil market, or the later stock index futures market and the foreign exchange market, they are all places where international hot money is extremely concentrated. If you operate in such markets, you may make a lot of money or lose everything.
In 2017, before the time travel, the international gold market experienced two amazing bull markets in the past few decades. The international gold price is usually relatively stable with little fluctuation, but in these two bull markets, the increase in the international gold price can only be described as incredible.
I guess everyone in the world knows about the most recent bull market in 2017. During that gold market, the ferocity of Chinese women was witnessed by the whole world.
In 2005, with the election of hard-line leader Ahmadinejad as the president of Iran, the Iranian nuclear crisis became increasingly prominent. Coupled with the growing debt of the US government, the international gold price began to rise from $450 per ounce in the second half of 2005 to its historical peak of $1,923.20 per ounce in September 2011. Then the gold price began to fluctuate downward, and the middle-aged women in China began to buy at the bottom.
During that period, the Chinese people had money but could not spend it or dared not spend it, for example, the investment channels were too narrow; the stock market was sluggish, and sometimes even the investment could not be heard; the real estate market was regulated, "double limit" and "double recognition", even if you had money, you were not eligible to buy; bank interest rates were not high, and in the environment of inflation, saving money meant watching it depreciate; buying funds? The occasional shady dealings made people nervous and discouraged. Now, with the gold price falling, when is the best time to invest?
As a result, the Chinese aunties who had savings in their hands burst out with extremely strong fighting power. In just ten days, the Chinese aunties spent 100 billion national currency and pocketed 300 tons of gold. The super fighting power of the Chinese aunties even forced Goldman Sachs, one of the Fortune 500 companies, to surrender!
But even the Chinese aunts with such strong fighting power still could not resist the hype of international speculators. Not only did they fail to buy the bottom, but they were eventually trapped...
This was the second bull market in the international gold market, which ended with the Chinese middle-aged women being trapped.
Twenty-five years before this big market, there was another more turbulent market between 1979 and 1980. Although this wave of market did not rise as much as the second one, the ups and downs in it were unprecedented in the international gold market in the past few decades.
Yang Jing's plan to make some money in the gold market is based on this gold market situation.
After so much time and effort, and expending so much energy, whether it is a mule or a horse will depend on tomorrow's progress.
As an emerging offshore financial center that is increasingly attracting the attention of many financial groups, banks and enterprises, the Cayman Islands is a place where stock markets, oil markets and gold markets from all over the world can be operated in real time.
At three o'clock in the morning, Yang Jing and Cesar's team of five entered the large office. The Cayman Islands is located in the West Fifth District. The trading time of the London gold market is 9 am. Due to the time difference, the Georgetown market opens at 4 am, so necessary preparations must be made before the market opens.
Since the London gold market is open from Monday to Friday every week and closed on Saturday and Sunday, December 29 and 30, 1979 happened to be Saturday and Sunday. In addition, the gold market was also closed on New Year's Day in 1980. Although there was a December 31st in between, the market was also closed on that day. Therefore, the London gold market was closed for a total of four days. In other words, today, January 2, 1980, is the first trading day of 1980.
The five people in the room were all traders who had fought for several battles in the London gold market. They were familiar with how to operate the 27 million US dollars of funds to enter the London gold market. Therefore, when Yang Jing issued the operation order, these people each controlled four or five accounts and began to enter the London gold market in batches.
The London gold that Yang Jing wanted to speculate on now refers to the London gold spot. At this time, the London gold market had not yet launched gold futures, and only spot gold could be speculated. The margin ratio of London gold was as high as 1:100, which means that Yang Jing's 27 million US dollars of funds, using the principle of leverage, could control up to 2.7 billion US dollars of funds in the London gold market!
Moreover, London gold is different from the later gold futures. Compared with gold futures, London gold is undoubtedly crazier! The margin of gold futures, which only appeared in April 1982, is 5%, which is far less than the 1% of London gold. In addition, gold futures have a daily increase or decrease limit of 5%, while London gold has no upper limit and no lower limit!
My dear, there is more to this chapter. Please click on the next page to continue reading. It’s even more exciting later!
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