Their considerations differed from Lu Fan's.
He is one of the wealthiest people in Nancheng.
Whether in China or abroad.
Jiang Hetang has a considerable network of connections.
Therefore, he doesn't need to worry at all that his money will be swallowed up by someone.
Moreover, he contacted the largest international securities firms.
For these securities companies
We can afford to lose this amount of money.
Of course, he wasn't foolish enough to actually put 100 million into a company.
Instead, they were placed in three securities companies.
"Four hundred times leverage?"
That's basically the highest leverage you can get.
"Tell me, at what price did you buy it?"
Dong Haotian asked again.
"I bought it this afternoon at $1,588 per ounce."
"I wonder if it's been promoted yet?"
Jiang Hetang said with a smile.
"You still expect to get promoted?"
"It would be good if it didn't fall."
"If you ask me, you should just clear out your inventory."
"To avoid the situation where this 100 million US dollars is completely lost."
"Keep in mind, this is with a leverage ratio of 400."
"If the price drops by even a few percent, you'll lose your hundred million US dollars."
Dong Haotian shook his head, both amused and exasperated.
I don't know what Jiang Zemin was thinking.
How could you believe your son-in-law's words so easily?
Seriously, you don't believe what so many top analysts say.
But they trusted an outsider!
He was genuinely speechless.
"No need, I choose to trust my son-in-law."
Now that he had chosen to trust his son-in-law, Jiang Hetang had no intention of clearing out his inventory now.
He planned to sell his entire inventory only when his son-in-law sold it all.
Everything was done in sync with her son-in-law.
"Alright, since you insist, I won't say anything more."
"I just hope that you can stop buying when you see the price of gold start to fall."
"That way, you might lose less money."
Seeing that he couldn't persuade Jiang Hetang, Dong Haotian stopped saying anything more.
As a longtime friend, he knew Jiang Hetang's character well.
They knew that once Jiang Hetang made a decision, he would never change it.
Hopefully, the price of international gold will fall less.
"Why are you always so pessimistic?"
"They keep saying it's going down, down, down."
"What if the price of international gold rises?"
Jiang Hetang was helpless after repeatedly hearing Dong Haotian say that gold prices would fall.
As a friend, can't you wish me well?
"I don't want to say it will fall either."
"However, so many top analysts have said it would fall."
"I have to believe it."
Dong Haotian said with a hint of helplessness.
"Then, shall we take a gamble?"
"Let's bet on whether the price of international gold will fall."
"If I win, you'll owe me a favor."
"On the other hand, if you win, I'll owe you a favor."
Jiang Hetang said with a smile.
He wouldn't make any excessive demands when betting with friends.
A favor is already the best possible outcome.
"Sure."
"Then let's take a gamble."
"Why wouldn't I do you a favor for free?"
"Okay, if the international price of gold exceeds $1,600 per ounce, then you win."
"If the price of international gold falls below $1,550 per ounce, then I'll consider myself a winner."
"If it doesn't exceed 1600 or fall below 1550, then we'll consider it a tie. What do you think?"
Dong Haotian certainly wouldn't refuse this bet.
In his view, this was a sure thing to win.
There's no need to think about it at all.
"Okay, then we'll do it your way."
Jiang Hetang had no objection to Dong Haotian's suggestion.
Thus, with several friends as witnesses, the bet between Jiang Hetang and Dong Haotian was officially established.
The others were happy to see them betting.
It was all for nothing, just watching a spectacle for nothing.
Anyway, this prize is just a favor.
The stakes aren't that high.
Everyone just took it as a joke and something to have some fun.
"Haha, let me see what the international gold price is now."
After Jiang Hetang agreed, Dong Haotian laughed and then took out his phone to check the international gold price.
A few seconds later, his expression changed and he became somewhat stunned.
Clearly, the international gold price at this time was somewhat unexpected for him.
"Haotian, what's wrong?"
"Could it be that the price of international gold has plummeted?"
Seeing Dong Haotian in a daze, Tang Long asked him a question.
He also believes that the price of gold will fall.
After all, it was the result of analysis by multiple top analysts.
Of course, it's much more reliable than Jiang Hetang's son-in-law's intuition.
"No, it didn't fall, it actually rose a little."
"Old Jiang, you said before that the price you paid when you bought it was 1588, right?"
Dong Haotian's expression was still somewhat incredulous as he spoke.
Something's not right here.
This is different from what their company's top analysts analyzed.
He recalled that the analysts said the international gold price had been hovering around $1,588 per ounce for the past few days.
Or it will start to fall.
It will absolutely not go up!
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