One hundred and eighty-three chapters hard to extricate themselves
"Whether you will die in the light depends on how the main institutions in the field choose. However, no matter what, it is fine, and it has nothing to do with Mingzhu Holdings, which has left the field.*.*" Chen Hongtao said with a smile while helping the two women pour wine to serve the bureau.
"Don't you plan to continue chasing? There is still plenty of time!" Shirley looked at Chen Hongtao with caution, as if she didn't trust her very much.
After all, before that, two women had just left, Chen Hongtao took action like a thief.
"Sometimes the market is too turbulent and the market is too hot is not a good thing." Chen Hongtao smiled faintly, bringing the two women a sense of comfort in sitting and watching the clouds roll and relaxing.
"Will the market get out of control?" Shirley looked at Chen Hongtao with a strange look.
"I don't know, but in the process of the game between the bulls and bears, the subsequent trend of international gold today will become more and more chaotic and unclear!" Chen Hongtao smiled wickedly, as if he was not concerned about his own affairs.
Although Chen Hongtao was very relaxed on the surface, he didn't know that both women didn't know. In fact, he didn't breathe a sigh of relief until Mingzhu Holdings closed its position completely.
It seems that Mingzhu Holdings has easily made huge profits through three direct operations on international gold, but only Chen Hongtao can understand the risks involved.
It can be said that Mingzhu Holdings does not have the ability to do markets, and the profits obtained by licking blood from the knife are generated during the game between the bulls and bears of the international gold market. The changes and potential risks are even beyond Chen Hongtao's memory.
Just like the international gold price trend at this time, it became increasingly chaotic and unclear, and the restlessness on the market, even after Mingzhu Holdings closed its position and exited the market, Chen Hongtao could still feel it.
Just looking at the fierce competition between the bulls and bears in the international gold electronics during the trading session, we can see the clues.
This surge in trading volume and the violent fluctuation in the trading day were rare in the past trading of international gold. Only parties involved in the market can experience the risks.
Unlike the excitement and joyful atmosphere filled with the self-operated trading department of Mingzhu Holdings, the Jinbaoli self-operated trading center, which is far away in London, no longer has the orderly atmosphere before.
Jinbaoli's entire open self-operated trading center was already in chaos at this time, and the noisy quotation sound, accompanied by keyboard typing and the sound of the trading device, even gave people a sense of air.
"President Bray, no, although our funds have entered the market with all our strength, we still cannot increase the price of gold to $330..." Old Barry, who is in his sixties, shouted at Bray Weill with a rapid breathing.
The voices in the trading center have even reached the point where trading instructions cannot be conveyed without shouting loudly. However, the orders and quotes have been maintained at the gold price of $330. This seemingly inconspicuous small integer mark has become one of the five major gold merchants in London. The Jinbaoli Group is insurmountable.
"Barry, go check the movements of the offshore company and call the Swiss bank." At this time, Bray no longer had his elegant appearance before, and his expression showed unconcealed solemnity and anxiety.
Just now, the huge closing receipts of 570,000 lots of Mingzhu Holdings were visible to everyone in Jinbaoli Group’s proprietary trading center.
Brey never thought that. Just after he made the decision to deliberately maintain a steady decline in gold prices and not give the profit margin of the offshore company, the other party would react so quickly. As the gold price rises, he chased the rise and opened a huge long position, and then threw a piece of meat on Jinbaoli Group.
It does not mean that Zhu Holdings has the courage to raise gold prices by opening such a huge position, which is something that many investment companies cannot do. It is to quickly intervene with the situation of broken orders and scattered orders, avoiding the attention of the entire Jinbaoli Trading Center. It has brought a great blow to Brai Weir and even the entire Jinbaoli Trading Center.
When everything was still going well, Bray really liked the feeling of controlling the rhythm in the capital market, feeling like a general, commanding his soldiers with great enthusiasm and fully enjoying the spoils brought by victory.
But the situation is very different at this time. At this time, Jinbaoli Group, which is in the game, seems to be trapped in the whirlpool of the international gold market, which is extremely capable of extricating itself.
Feeling the surging selling in the market, Bu Lei immediately thought of the offshore company that had just chased the rise and left more than $100 million.
It was in this short period of confrontation that after the blow, Braewell had already reached the point of being afraid of Mingzhu Holdings.
Seeing Bray Weill's solemn expression, Old Barry's uneasiness was also rapidly expanding.
Although Jinbaoli Group has information advantages in the capital market compared to Mingzhu Holdings, which has just been established, Jinbaoli Group does not have much understanding of Mingzhu Holdings.
Old Barry had also tried to communicate with Swiss banks before, but the only thing he got was that the offshore company was registered in Bermuda Islands, and the specific situation was unknown.
It does not mean that Zhu Holdings transfers from Morgan International Bank to Swiss Bank for settlement on behalf of the Swiss Bank, and it is difficult to check. Even if Swiss Bank knows the background of Mingzhu Holdings, the two banks will not easily disclose any information to the outside world when it involves high-level VIP customer information.
Even if he didn't call the Swiss Bank again, Old Barry had already expected the result.
"Watts, I want to hold an emergency teleconference immediately. Can you help me contact important shareholders of the company?" After Old Barry quickly left, Bray immediately asked Watts.
Seeing Bree anxious, a hint of disappointment flashed in Watts's eyes: "Bree, the market situation is changing rapidly. Do you think it would be useful to hold a board of directors at such a critical moment? No matter whether the offshore company is disrupting the situation, even if you find out the specific situation of that company, you can't change anything."
Although Watts Zenith's ability to operate in the capital market is not as good as that of a mine, at a critical moment, he seems more calm and generous than him. He really feels like he is in a state of collapse but his color remains unchanged.
"The selling pressure in the trading session is so heavy. I need shareholders to increase their capital and make every effort to get the international gold price to reach $330. If this price cannot be up, our high holding cost will not only face a very large risk. In the future, it will be even more difficult for the international gold price to form an upward breakthrough again!" Bree took a breath of cold air and said to the blonde young woman.
"Since I can't go up, let's put the gold price down. Although I can't predict the specific direction of the international gold price, I can clearly see that our Jinbaoli Group forced a sweep at the international gold price of $330, which is the main factor causing the surge in our holding costs." Watts looked at Brey calmly.
"Let it go? If the gold price is put down at this time, the market will lose control, will it be us who will lose the position?" Brey's tone roared, and the blonde young woman's statement was difficult for him to accept.
As the largest shareholder of Jinbaoli Group, the rise and fall of the group will have a greater impact on Braewell.
"Bray, I want to remind you that I am also a shareholder of Jinbaoli Group and I hold no less than you." Watts couldn't help but sneer at Braewell's roar.
Seeing that the gold price could not be reached for a long time, Brey took a deep breath despite his anxiety: "Watts, I was a little anxious just now and couldn't control my emotions. I'm sorry! But now it's a moment to determine life and death. I hope you can help me. As an important resistance level, if the international gold price can break through $330, it will stabilize the market's mentality and attract new positions from many parties to continue to enter the market to promote it. At that time, our Jinbaoli will not only overcome this difficulty, but also look forward to a large profit."
"Bray, I'm afraid it will disappoint you, and I won't help you. The international gold market is changing rapidly. Perhaps using the advantages of funds and with keen insight, you can get short-term local position returns in this market. However, I think you have forgotten that the most important foundation in this market is not an investment institution, but a spot trader who hedges! If I were a spot trader in the gold market, at least I would not intervene in the current price. Even if the gold price breaks through $330, I would choose to sell it." Watts's statement shocked Bray's figure and looked at the trend of the gold price on the big screen.
Just when Brey seemed to have realized something, Watts muttered to himself in confusion: "No, there must be something we didn't expect. The upward trend has been established, but why did the feeling that I felt during the trading session be so restless? Looking at the time-sharing trend of international gold prices, this feeling will become stronger and stronger. The offshore company closed all positions at $229.99. Could it be that they discovered the details we did not notice?"
"Stop, don't sweep the goods anymore, let the market fall steadily." Just as Watts finished speaking, Brey yelled, causing the noise of the entire Jinbaoli Group's self-operated trading center to be silent.
It seemed as if he had not noticed the horror of all the traders. After Watts heard Bree's roar, his eyes seemed a little curious: "Bree, have you felt something?"
"We ignored the internal operation of the market. Although we successfully forced Sumitomo Bank to cut positions and eliminated the offshore company, we did not give the offshore company any profit margin, but after the market rebounded by 9 US dollars, the pullback was not sufficient. The only retracement space of 2 US dollars could not reach real momentum and attract more multi-party spot traders to participate! The rise caused by the full pullback has led to unstable market people and concerns about the foundation of the market, giving many short-selling institutions the opportunity to vent their vent!" Brey sighed and explained to Watts.
(The new month has begun. Please support me with my brothers’ guaranteed monthly tickets. The first update will be given, and there will be an outbreak in the future.)
Chapter completed!