In this era, unless the Soviet Union and the United States go to war, the price of gold will never exceed $1,300.
As soon as Shen Dong came out of VIP Room No. 1, he saw William, the most powerful financial speculator in the West today, walking towards him surrounded by a group of people.
William raised an eyebrow, stopped, and looked Shen Dong up and down before saying, "Mr. Shen, you are younger than I imagined."
Shen Dong smiled and said, "I was wondering who would dare to snipe me? It turns out it was Mr. William."
William said, "Mr. Shen, I advise you to cut your losses and leave the market as soon as possible. Otherwise, you may not be able to withstand the consequences of a margin call."
Shen Dong shook his head and said, "Mr. William, firstly, I am not necessarily going to lose. Secondly, even if I do lose, it's just a mere 3 billion US dollars. I, Shen Dong, can afford to lose."
Three billion US dollars?
It seems my guess was correct.
William gave a thumbs up and praised, "That's impressive. I hope you can still be this confident after your account was wiped out."
Shen Dong laughed heartily and said, "That depends on whether you have that much capital."
Their first meeting ended unhappily.
Ronald gazed at the scene before him, lost in thought.
Ronald knew exactly how great William was.
He didn't understand why Shen Dong dared to challenge William.
Does he have a secret that others don't know that can turn the current situation around?
In a match between the two, most people would assume that William would win, but Ronald's intuition told him that the winner was likely to be Shen Dong.
Tomorrow should be my turn to make my move.
The battle officially began the next day.
As soon as the market rallied, William waved his cash and led a large group of speculative retail investors into the gold futures market, causing the price of gold to surge to $986 before stabilizing.
Without hesitation, Shen Dong sold all his short positions at $985, bringing the average price down to $938.
William was taken aback; he hadn't expected Shen Dong to have so many gold futures contracts.
But the arrow was already on the string, and it had to be released.
William absorbed all of Shen Dong's short positions, which amounted to a staggering 15 billion US dollars.
At this moment, Soros finally made up his mind to use five billion US dollars, leveraged five times, to short gold at a price of $985.
"Who is this?" William's expression changed drastically, and his brows furrowed tightly.
Shen Dong and Soros's $40 billion short position directly drove the price of gold below $980, catching William somewhat off guard.
Five minutes later, George said, "We found out, it's Ronald. He's trying to speculate and make money off us."
William snorted and said disdainfully, "Dare to oppose us? I'll make sure he doesn't leave alive. Eat him up."
With over $200 billion in futures contracts, William can practically do whatever he wants in the gold market.
He has decided to make this gold futures battle his last before retirement, and if he does it well, it will be textbook material.
Shen Dong was also very surprised and said, "Is someone taking advantage of the situation? How dare they?"
Song Zihao said, "Could it be Ronald?"
Merrill Lynch had already given Ronald's information to Shen Dong.
On Wall Street, there are few who have both the ability and the guts to do this, and Ronald is one of them.
Shen Dong chuckled and said, "I never imagined that we would be doing all the work for someone else this time."
Song Zihao was speechless.
They've invested all their money in gold futures, and if things go wrong, they could lose everything.
I really don't know where Shen Dong gets the confidence to say that.
By 3 p.m., Ronald's $40 billion had been completely absorbed by William and retail investors, causing the price of gold to soar to $995.
Shen Dong said in a deep voice, "It's time. Ah Hao, call all the newspapers and tell them to publish all the articles I wrote. I can't give William and the others time to escape."
Song Zihao nodded and said, "Understood."
The United States is a money-driven society. As long as you have money and are willing to spend it, becoming president is not impossible.
It took Song Zihao a full 30 million US dollars to secure deals with ten well-known media outlets.
The effect was very obvious.
That evening, Shen Dong's article analyzing the future economy of the United States caused a strong reaction in the financial markets.
After reading this article, many retail investors came to their senses and their views on gold became much more objective.
In a New York estate, Ronald finished reading the manuscript and exclaimed in admiration.
The article cites numerous sources, points out the various problems facing the US economy, analyzes them carefully, and finally provides detailed solutions.
Not a single sentence in it mentions interest rate hikes or gold, but it gives the impression that if the Federal Reserve doesn't raise interest rates and gold prices don't fall, the entire US economy will collapse.
The image of Shen Dong flashed into Ronald's mind.
"Such a powerful article, could it be written by him?"
"That shouldn't be the case. How old is he? How could he possibly have such profound insights?"
At the same time, William also saw the manuscript, and his expression changed drastically.
The analysis in the manuscript made him break out in a cold sweat, let alone ordinary people.
William immediately picked up the phone and called George.
"George, did you see that article on the front page of all the major newspapers?"
"I just finished reading it. I immediately contacted the heads of major financial institutions to publish articles and bring them down."
"This should be Shen Dong's last resort. No matter what, we can't give him a chance to turn the tables. Three days, I only need three days."
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
Continue read on readnovelmtl.com
