Reborn Capital Tycoon - Chapter 194

  Chapter 194 Gold Bull Market

  Thinking of this, Chen Yi didn’t hesitate any longer, picked up the phone on the table and made a call. He has always been a decisive person, and most of the time he will act immediately when he thinks of something, and leave the result until the end.

  Chen Yi has no long-term plans for this gold bull market, he only does short-term trading to ease the financial pressure.

Although the 1970s was a big bull market for gold, the increase in gold was only a few times in a few years, which was not enough. Even after decades, the price of gold rose to 1,780 US dollars per ounce, and it was still not attractive. Boss Chen’s attention.

From 100/oz to 1,780 USD/oz, it took decades to increase less than 20 times. This rate of return is acceptable to ordinary people, but it is a bit too insulting to Boss Chen .

As a person who has memories of the next few decades, instead of investing in industries with hundreds or thousands of times the return, you invest in gold with only a dozen times the return. This is no longer a question of being stupid, but It’s because I ate too much mothballs.

  He invests in a stock or a shop at random now, and the future return is not comparable to gold.

  So, after Chen Yi solves the financial pressure this time, I am afraid that he will not pay attention to the gold market anymore. Compared with gold, investing in shops and becoming the king of Xiangjiang shops is the right investment direction.

   At this time, the number of shops accumulated by Chen Yi has already exceeded the 1,000 mark. Most of these shops are located in the prime locations of the major commercial and prosperous districts in Xiangjiang, and there is a huge room for future appreciation.

  As the shops he owns have been exposed one after another, some good newspapers have given him the title of King of Xiangjiang Shops.

  The words “Xiangjiang Shop King” are definitely the greatest affirmation for Boss Chen, and at the same time, he is also happy to accept this title.

   After all, it has been his wish for a long time to be a charterer who can earn money while lying down.

   “Boom…”

   Soon, a knock on the door interrupted Boss Chen’s thoughts.

  Placing the big feet off the table, Chen Yi looked at the door of the office and responded with “Please come in”.

   “Boss, is the plan about to start?” There was a bit of urgency in the visitor’s tone, as if he couldn’t wait.

The person who came was none other than Hong Shihui, the head of the trader who Chen Yi poached from HSBC before. After resigning from HSBC, they have been in charge of helping Chen Yi acquire the stocks of listed companies with great potential for future development. .

  At the same time, Hong Shihui and others are also in charge of the acquisition plan for Wharf and Golden Gate Construction.

The plan that Hong Shihui said was the acquisition plan for Wharf and Golden Gate Construction. Compared with the previous acquisitions of Kowloon Bus and HK Electric, the process was too easy, too easy, and there was no difficulty. Looking at it, it is particularly expected and excited to face Jardine Matheson, the head of the four major foreign firms.

Of course, the most important thing is that Hong Shihui and the others are suddenly free and have nothing to do. They have bought everything that should be acquired. The long-term and high-intensity work has gradually made them get used to it. Now that they are suddenly idle, everyone is a little unhappy. .

  Seeing his appearance, Chen Yi beckoned him to sit on the sofa, “Hearing your tone, you seem to be very busy recently?”

  Hong Shihui said: “Recently, the workload has decreased all of a sudden, and everyone is not as energetic as before. As soon as I received a call from the boss, I was urged by those guys to come over and wait for the boss to order.”

  Hearing this, Chen Yi understood the thinking of Hong Shihui and others. It is worth encouraging to have such a good employee.

   “I wanted to give you a break for a while, since you don’t want to, then keep busy.” Halfway through, before Hong Shihui was happy for too long, Chen Yi continued: “However, the previous plan has been postponed for the time being.”

   “The plan is delayed?” Hong Shihui was taken aback when he heard the words, a little surprised and puzzled, but he was not in a hurry, but waited quietly for Boss Chen to speak.

   “Yes, postponing.” Chen Yi saw that he was not in a hurry and looked very steady, so he nodded in satisfaction, and said slowly: “Things have changed, I plan to postpone the plan for the time being, and wait for a while.”

  After Hong Shihui listened, although he was a little disappointed, he didn’t show it, let alone entangled. Instead, he looked at Boss Chen curiously and asked, “Then, boss, why did you ask me to come here this time?”

  Chen Yi: “You should pay attention to the gold market recently, right?”

   “Boss, what do you want?” Hong Shihui suddenly regained his energy when he heard Chen Yi mentioning the gold market. Since 1971, the price of gold has been continuously rising, which has made many people pay special attention to the gold market.

  Especially in the oil crisis last year, the U.S. dollar continued to fall, which prompted the price of gold to soar, and now the price of gold has risen to an astonishing $100 per ounce.

  Many people are now optimistic about the gold market. After all, in order to cope with the fall of the dollar, European and American countries can only invest their money in gold for value preservation, and reserve more gold to ensure that their own currencies will not fall too much with the dollar.

  However, now that the price of gold has risen so much, it is unknown whether it will continue to rise and how much it will rise.

  It can be said that risks and opportunities coexist here.

   “I have asked someone to register an investment company (Global Investment Co., Ltd.). From now on, all investment fields under my umbrella will be managed by Global Investment Co., Ltd.”

   “And you, I plan to ask you to be the person in charge of the investment department under Universal, and I will give you a week to prepare. At that time, I will remit the money to the company. You will still be in charge of this gold transaction.”

“The amount involved in this transaction will be larger than last time, around 500 million, so you need to be cautious. Now that the price of gold has risen to $100 per ounce, this price is more in line with the current actual price of gold. “

  “However, everyone is optimistic about the gold market now, so the price of gold will inevitably continue to rise in the future. As for how much it will rise and how big the bubble will expand, it is hard to say.

  I predict that this time the price of gold will double again and it will reach its peak. With careful consideration, if the price of gold reaches about 1670 US dollars per ounce, it will almost stop. “

   “Continue to use leverage this time to increase the transaction amount, but don’t have too much appetite, you can handle it yourself. My bottom line is to try not to exceed the multiple of our long oil last time…”

  The last time Chen Yi was long on the oil market, he used five times leverage. This amount was not too large in the huge oil market, so he easily got out and left.

  This time in the gold market, he is also planning to make this calculation. The leverage should not be too large, and the amount involved should not be too large. This will reduce the attention of others and make it easier to get out.

   You must know that after the price of gold breaks through 200 US dollars/oz, it will quickly fall back to 100 US dollars/oz. With large leverage, it is easy to get trapped by yourself, so the gain outweighs the loss.

  ——

  (end of this chapter)