In fact, this wave of market started on January 2nd, when the gold price rose directly from 512 to 850, and then plummeted to 494 at the close of March 31st. In three months, the accumulated difference in price fluctuations reached nearly 750 US dollars per ounce. It is precisely because this wave of market fluctuations was too drastic that most of the articles analyzing the international gold price in later generations only analyzed this wave of market fluctuations.
However, Yang Jing knew that soon after this wave of market ended, the gold price would experience two more large fluctuations. The first one was from April. The gold price started to rise from 494 at the end of March. It took more than two months to climb to a peak of 700 in mid-June, and then it would bottom out. It took one and a half months to bottom out at around 614 US dollars per ounce by the end of July. This was actually the second wave of market, which was also good and completely necessary to operate.
Then came the third wave of the market in 1980. This wave of the market was mainly affected by the increasingly tense situation in the Middle East. The hostility between Iran and Iraq became increasingly tense. It seemed that a war would start between Iran and Iraq. Therefore, the price of gold began to rise again from 614 at the end of July. In two and a half months, by mid-October, the highest price could reach 720. Then the price of gold began to dive from this price. In two and a half months, by the end of January 1981, the price of gold would fall to 506.5. And from then on, the price of gold began to fall. Although there were fluctuations in the middle, the fluctuations were not large. In the end, the price of gold would fall to the price of 260 US dollars per ounce before the 9/11 incident, forming a wave of a great bear market lasting for 20 years.
These are the three waves of market conditions that occurred in the international gold market in 1980.
If you operate all three waves of the market, even if you only invest $100 million in each wave, the profit brought by each wave will not be less than $4 billion! If you operate boldly, then in a year, it will be enough to make you a 100 billionaire immediately!
It's a pity that others can do it boldly, but Yang Jing can't. One reason is that time does not allow him to stay in this time and space, after all, his roots are in the time and space of 2017. Another more important reason is that the Holy Ring does not allow him to do so.
If he really dares to do this, he will be wiped out by the paradox of time and space!
PS: I would like to thank “冰冷八度” for the reward of 100.
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