Chapter 2520: Too Big a Gap
With the foundation's 5000 billion renminbi, Abe Fumio felt like a fish in water and quickly invested all the money.
Once such a huge amount of funds flowed in, Sakura Coin quickly stopped falling and stabilized.
Fumio Abe breathed a sigh of relief.
He no longer expects to hedge Chen Mo's funds. He only hopes that the Sakura Coin market can stabilize until the end of the K country's market.
By then, when the funds of the Croatian market are withdrawn and returned to China, if Chen Mo still dares to continue short selling, that will be his death!!!
the other side.
Han Li reported: "Abe Fumio should have received financial support from the foundation, and the Sakura Coin market has stopped falling and is rising again. Should we add more funds?"
Chen Mo waved his hand: "The negative news about the Monkey Kingdom's high-speed rail project has been exhausted. Now the Sakura Kingdom's economy is stable. It is not cost-effective to simply spend money to short sell.
It's almost time to retreat."
Han Li was stunned and said, "Retreat? Retreat at this critical juncture? No, Mr. Chen, why? If we retreat now, we won't even make back the money we lost in the Ke country market!"
Chen Mo smiled and said, "Have you heard of the story of 'Four Crossings of the Chishui River'?"
Han Li shook his head helplessly and said, "I'm sorry, Mr. Chen, I'm a science student, and I haven't passed history since junior high school."
Chen Mo: "The four crossings of the Chishui River, each retreat and return had different meanings and strategic goals.
Our current situation is similar to the Four Crossings of the Chishui River.
Now Abe Fumio's main force is pouring into the Sakura Country. The K country's market is weak, and the good news has already been exhausted. If they retreat now and strike back, it will definitely catch them by surprise! The effect will be amazing!"
“When the K country is about to win, I will withdraw the funds to the Sakura Coin market. At that time, everyone will know that the New Six-Nation Alliance is not doing well. Sakura Country is suffering heavy losses. For Sakura Coin, that is unprecedented bad news!
At that time, it will be the same 5000 billion national currency vs. 5000 billion national currency. No matter how Abe Fumio manipulates the market, he will never be able to beat me! "
"In this way, by repeatedly retreating and attacking, I can achieve a win-win situation for the Kremlin and the Sakura Coin foreign exchange market!!!"
Han Li was dumbfounded when he heard this: "Can... you still play like this?"
Chen Mo smiled faintly and said, "Reading history makes people wise. Read more history and the books of great men in the future."
At this time, Jiang Pengyue received good news: "The price of gold has fallen below 680 Ba Guo coins per ounce!!! And it is still trending downwards!"
Chen Mo nodded: "No need to wait, it's almost time to sell it, there's no need to wait until the bottom price."
In the previous life, the lowest price of gold in 2008 was around 680 Bagua coins per ounce. Not long after that, the price of gold started to rise continuously, and it rose to nearly 2024 Bagua coins per ounce in 2500.
Chen Mo is sure that if he continues to wait, the price of gold will continue to fall, and may even fall below 600.
But that's a bit risky and takes time.
Jiang Pengyue's operation itself will take a few days, so some time has been spared, and Chen Mo doesn't want to take any more risks afterwards.
After all, the price difference and penalty earned from the gold mine were enough to replenish Chen Mo's bullets.
Jiang Pengyue nodded: "Understood, I will find someone to negotiate with the six chaebols!"
Chen Mo smiled cruelly: "Ask Princess Aisha to lend you her royal legal team to prevent the six chaebols from defaulting on their debts."
Jiang Pengyue smiled and said, "You think it's comprehensive."
Foundation headquarters.
Cold sweat broke out on Solomon's anxious forehead.
When Solomon had previously fought with Chen Mo in the Hegemonic Country market, his feelings were not actually very strong.
At that time, Chen Mo relied on triggering the subprime mortgage crisis to make Solomon lose money, but the lost money was actually the money of the foundation members.
In this golden game, Solomon felt very strong.
He paid for all the money himself!
The loss is all on him!
Seeing that the price of gold is about to fall to 650 Ba Guo currency per ounce, it is close to the edge of liquidation!
Solomon was so heartbroken that he couldn't breathe.
"Mr. Rothschild!"
At this moment, Michelle's voice sounded from behind him.
Solomon was delighted and hurried over to ask, "How is it? Did the ladies from Daxia go on a shopping spree abroad? Just like last time?!"
Michelle shook her head helplessly and said, "No."
Solomon frowned: "Could it be that the people we sent over there didn't do their job well and failed to attract Aunt Da Xia?"
Michelle sighed, "They are attracted. When they heard that they could travel abroad for free, these Daxia aunts signed up more actively than anyone else. But when they arrived, they ate, drank, and played, but they refused to spend money to buy gold.
And whenever someone wants to buy, someone will jump out and use those stupid self-media news on TT News to remind people not to buy.
Not only did we fail to encourage the aunts to buy gold, but we also suffered a huge net loss in airfare and hotel expenses.”
Solomon: "..."
He really couldn't understand it. It was clearly the same trick, why did it work on Chen Mo but not on him?
"Mr. Rothschild, the paper loss has reached the warning line. If we don't cover our positions, we may be completely liquidated."
Michelle reminded carefully.
"Restocking?"
Solomon said bitterly, "In this situation, why are you still covering your position? The gold production of countries all over the world has doubled! Chen Mo is selling like crazy again, and even Aunt Da Xia is unwilling to take over.
How do I fill this warehouse? "
"Then...the next step..."
Michelle asked tentatively.
"Close the position, and take as much as you can."
Solomon said in a hoarse voice.
Although she knew that closing the position was the best option, Michelle still felt extremely painful when she was doing it!!!
After closing the positions, Michelle reported: "Mr. Rothschild, this time we lost a total of 4232 billion Ba Guo currency."
“Damn it!!! Damn it!!!”
Solomon pounded the wall, unaware that his knuckles were bleeding.
4232 billion national currency!!!
Close to 32000 trillion Great Xia coins!!!
Was it so easy for Chen Mo to cheat me out of the gold market?
"Why did the price of gold drop so drastically this time... Why on earth..."
Solomon, who had no memory of rebirth, certainly had no idea where the saturation point of gold supply, that is, the point at which the price would fall, was.
Of course, just knowing the nodes is useless.
Because Chen Mo's response was too heavy-handed, and each of them was based on the relationship between supply and demand. Unless Solomon was willing to spend money at all costs to raise the price of gold, otherwise, failure would be an inevitable result both in terms of business warfare and historical trends.
the other side.
Jiang Pengyue and his team hurriedly arrived at the headquarters of the six major chaebols.
In the past few days, Shintaro Nohara has been paying attention to the Sakura Coin market and has not paid much attention to the gold market.
It was not until Jiang Pengyue brought people here that he slapped his forehead and realized that this was actually the case!
Originally, Nohara Shintaro was not very panicked.
Just come!
A few days ago, the foundation had raised the price of gold to nearly 2000 Bahraini dollars per ounce.
Even if Jiang Pengyue's people didn't come, Nohara Shintaro would have to take people to find her.
"Where's that gentleman from last time?"
When he saw that the leader was Jiang Pengyue, Nohara Shintaro frowned slightly.
Why did the bank in the Sunset Empire send a Daxia person to negotiate with me this time?
Don’t you know that what he hates the most are the people of Daxia?
Jiang Pengyue smiled and said, "I am the new president of our bank. I am fully responsible for the contract between us. Let me introduce myself. I am Jiang Pengyue, from Daxia."
Shintaro Nohara smiled disdainfully and said, "Oh, it's Miss Jiang, nice to meet you. But Miss Jiang, let's make it clear first, we must mortgage at the price stipulated in the contract!
And if you breach the contract, you must pay the penalty!"
Until this time, Nohara Shintaro still thought that the price of gold was around 2000 Ba Guo coins per ounce!
The price that Chen Mo mortgaged to him was less than 900. If it was mortgaged at the market price of 2000 Ba Guo currency per ounce, he would have made a net profit of twice the difference!
Jiang Pengyue understood immediately when he saw this situation.
It turns out this idiot doesn’t even know that the price of gold has plummeted!
"Pfft~~~~"
Jiang Pengyue covered her mouth and chuckled: "Mr. Nohara, as long as you are willing to follow the contract, then of course we are willing! I am afraid that you will breach the contract!"
These words made Nohara Shintaro vaguely feel that something was wrong.
He quickly took out his mobile phone to search for international gold prices.
Taking advantage of this opportunity, Jiang Pengyue took out a card and the previous contract and said with a smile: "According to the previous contract, we will mortgage the Hongxing Gold Mine at 80% off the market price seven days after the signing, which is today."
"Mr. Nohara, I have the money ready. Where is your goods?"
At this time, Nohara Shintaro finally found out the real-time gold price today - 623 Ba Guo coins per ounce!!!
When seeing this price, Nohara Shintaro's head exploded!!!
"How could...how could the price be so low?"
Nohara Shintaro rubbed his eyes in disbelief, until his eyes turned red, but he didn't stop.
Clearly a few days ago, the foundation had already driven the price of gold up to over 2000 GBP per ounce!!!
How come the gold price plummeted by almost two-thirds in just a few days when he didn't pay attention to the gold market? !
If the price stipulated in the contract is followed, Hongxing Gold Mine can only be mortgaged at the price of 498.4 Ba Guo Yuan per ounce!!!
This amount of money is almost half of Chen Mo’s mortgage price! ! ! !
One is over 2000, the other is less than 500...
This psychological gap almost made Nohara Shintaro collapse...
