Rebirth of the Financial Crisis Sweeping the World - Chapter 506

Chapter 506 505 gains 350 billion US dollars

So they mortgaged the stocks of major companies under the Bank of America, Wells Fargo, and the Black Shirt Consortium, and borrowed US$20 billion from Citibank, Royal Bank of Scotland, and Royal Bank of Canada, all of which were invested in the No. 1 Fund, using one hundred times Of leverage.

London gold is going to be done this time.

Currently, London Gold is at $1080.5, the highest level in history.

Under 50 times leverage, long 1 lot requires a margin of $2,000.

Wang Guanxi opened the mouth and said: “This long-term long term, after the London gold fell to the 1040 position, I will keep buying London gold!”

“Yes, BOSS”

Time passed in a flash, three days have passed, and the Sumitomo Consortium kept shorting London Gold.

Finally, the London gold fell to 1040.0, a drop of 400 points, and Wang Guanxi’s horses took the shot.

A huge long list appeared, supporting the London Gold, but the Sumitomo Foundation was trapped.

Sumitomo Farglory and Yuan Kang of the Sumitomo Consortium were very anxious, so they brought in three major Indian institutions to short London gold futures.

Nehru of India’s private pensions, Indian Industrial Credit Investment Bank Sundup Bhatra, and the heir of the Tata Consortium of India, Ratan Tata, the three of them were overjoyed when they learned that Wang Guanxi would do more London gold.

“London Gold is now at a historic high, let’s kill Wang Guanxi this kid”

“He actually dared to do more at historical highs, he was really bold”

“Yeah, this time we are short, and we will blow Wang Guanxi this kid”

So India’s private pensions, the Indian Industrial Credit Investment Bank, and the Tata Consortium of India jointly shorted London Gold, but they did not expect that the bulls in the market were so sturdy and they were all trapped.

London Gold rose all the way, creating a new high, rushing to the 1200.0 position,

Sumitomo Insurance Company, a subsidiary of the Sumitomo Consortium, was about to liquidate its position, so it hurriedly replenished the deposit and continued to carry it.

And Nehru, Sundeep Batra, and Ratan Tata were also impatient. They did not dare to continue to increase their positions and short positions because they lost a lot of money on the books.

Now London Gold has set a new record high, so the three of them brought in the four major banks in India.

Feroz Sanhavi of Imperial Bank of India, Anand Mahindra of Baroda Bank of India, Rajuslov of Indian Overseas Bank, and Gilayu Amin of United Bank of India.

“This Wang Guanxi is long London Gold, we just come to short”

“London Gold’s position is now at a record high, and it’s time to cap it”

“Yes, let’s go short, we will definitely make a lot of money”

“If Wang Guanxi is really aware, we should close the position before we go short, otherwise, he won’t make a profit.”

Feroz Sanhavi, Anand Mahindra, Lajuslov, and Gilayu Amin began to short and fight with the bulls in the market.

After a few days of fierce fighting between the two sides, the bulls have the upper hand; London Gold rose to 1250.0.

Wang Guanxi’s No. 1 fund has bought a long list of 5 million lots of Loco London gold, with an average position of 1100, and a fluctuation of one point is a negative $50 million, while Loco London gold rushed to the 1250.0 position, with 1,500 points floating on the book. The total floating profit is 75 billion U.S. dollars.

And London Gold has secured a 1250.0 position.

But not long after, a large number of financial institutions felt that the position of London Gold was too high and began to short London Gold.

Among them are Soros Quantum Fund, Feld Group, and Messi Hedge Fund.

Soon London Gold was beaten down, fell from 1250.0 to 1200.0, then fell below 1200.0, and dropped to 1180.0 at its lowest.

Wang Guanxi’s No. 1 Fund suffered heavy losses on the books.

However, a month later, the Federal Reserve carried out monetary easing policy, and London gold began a new round of skyrocketing. It quickly rushed to the position above 1200, and then rushed to the position of 1250.0, without stopping, all the way to the position of 1256.0, when Sumitomo Insurance Company liquidated its position. It lost tens of billions of dollars.

London Gold continued to rise. When it reached the 1300.0 position, the Indian Private Pension, the Indian Industrial Credit and Investment Bank, and the Indian Tata Consortium all sold out.

Loss more than 30 billion U.S. dollars.

Then London gold continued to rise.

When    rushed to the position of 1360.0, the four major banks of the Imperial Bank of India, the Bank of Baroda, the Indian Overseas Bank, and the United Bank of India broke their positions.

Lost 35 billion U.S. dollars.

Dun Lungin rushed to the position of 1400.0, Soros Quantum Fund, Feld Group, Messi hedge fund stop loss and close position!

Lost more than 10 billion U.S. dollars.

After Soros, Feld, and Milos Messi broke their positions, London Gold rose all the way to 1430.0.

Traveler Property Insurance Group, Boston Partners Global Investment Company, Advance Insurance Company, Southwest Financial Group, began to short London Gold.

Then London Gold plummeted, falling from the 1430.0 position to the 1330.0 position, a drop of up to 1000 points.

But a month later, London gold began to rise.

It took a month, and the London Gold rose to 1400.0.

It took another two months to reach the 1500.0 position.

Traveler Property Insurance Group, Boston Partners Global Investment Company, Forward Insurance Company, Southwest Financial Group, and Franklin Group five institutions have suffered heavy losses.

London Gold rose all the way, and when it reached the position of 1570.0, Fidelity Investment Group, Invesco Investment Management, Tianda Asset Management, JF Asset Management, Schroder Investment Management, Franklin Group, six financial institutions began to short London Gold.

London Gold fell sharply for two months, and still fell back to the 1500.0 position.

But a month later, Dun Lunkin started to rise again, this time directly breaking through the 1570.0 position and rushing to the 1600.0 position.

After another month, London gold rose by 2,000 points again after the Fed announced QE, rushing to the 1800.0 position.

Traveler Property Insurance Group, Boston Partners Global Investment Company, Advance Insurance Company, Southwest Financial Group, Fidelity Investment Group, Invesco Investment Management, Tianda Asset Management, JF Asset Management, Schroder Investment Management Company, Franklin Group Ten The financial institutions couldn’t handle it anymore, and they began to liquidate their positions.

London Gold rushed all the way to the 1850.0 position

As for the Huntington Bank Building, Wang Guanxi was very excited. It took 1 year and 6 months to operate Dunlun King this time.

“Let’s close the position!”

“Yes, BOSS” everyone closed their positions frantically, just to consume and consume with the top ten financial institutions.

After half a month, the position is closed.

Because of Wang Guanxi’s liquidation, London Gold plummeted by 1,000 points.

Wang Guanxi’s No. 1 fund bought a long position of 5 million lots of London Gold. The average position was opened at 1100, and a fluctuation of one point was a negative $50 million. The average position was closed at 1800.0, and 7000 points were gained, which resulted in a total gain of 3,500. One hundred million U.S. dollars.

The net value of the account is as high as 370 billion US dollars, and the US$20 billion loan of Citibank, Royal Bank of Scotland, and Royal Bank of Canada has been paid off with interest.

Returned Standard Chartered Bank, Bank of America Corporation’s US$6.7 billion loan, plus interest,

Then give out bonuses to more than a dozen horsemen, each with 100 million U.S. dollars.

Then US$20 billion was donated to the Crown Charity Fund and the Crown Trust.

$5 billion of which is used to purchase farms, build bases, castles, and holiday estates in the United States, Canada, the United Kingdom, Australia, and New Zealand.

Another 15 billion US dollars purchased shares of Nvidia, Netflix, and SFRS to prepare for the acquisition of these three super-tech companies in the future by Ford. At present, Ford has become a military-industrial complex, but Wang Guanxi also I hope it will develop in the direction of artificial intelligence and chips.

In the future, the three major technology companies will take off with a value of up to 155 million US dollars. Think about the stimulus, 15 billion US dollars will require 30% of each of the three companies.

There is still $320 billion left.

(End of this chapter)