Portable Museum
Chapter 199 Gold Futures Contracts
Chapter 199 Gold Futures Contracts
"For the information of these five people, please ask Mr. Cassino to help them settle down and get Xiangjiang passports." Zhang Junping took the scarred face and the other four people he selected.
"It's a trivial matter, leave it to me, and they will get Xiangjiang's passport and ID card tomorrow." Gavin Cassino readily agreed to this trivial matter.
In [-], Xiangjiang's household registration management has begun to become stricter. In the future, any immigrant, as long as he is not caught by the police before arriving in the urban area, can obtain the household registration status of Xiangjiang.
A very funny rule.
It's a redbreast, though.
"Mr. Zhang, do you want to choose our financial management service for your money.
We at HSBC have a huge financial team that can tailor the most suitable financial plan for you. "Gavin Cassino took the opportunity to promote the bank's wealth management products.
How much profit do they make just by keeping their money in the bank?
How can you make more money selling wealth management products!
As long as the wealth management products are sold, regardless of whether the client loses or gains, they will make money anyway.
"Mr. Cassino, my money is useless for the time being.
If I want to buy gold futures, how much leverage can I get? "
"Do you want to buy short-term contracts, or long-term contracts?"
"Long-term contract!
I am very bullish on the trend of gold, so I am going to hold it until the next decade! "Zhang Junping said with a smile.
"If it is a long-term holding, we can provide up to five times the leverage.
For short-term contracts, up to ten times leverage can be provided. "
"Okay! Then I would like to ask Mr. Cassino to help me buy all the funds into gold contracts using the maximum leverage your bank can provide." Zhang Junping said with a smile.
"Mr. Zhang, although I admit your analysis, I am personally very bullish on the trend of gold.
However, I have to remind you that if you do this, the risk will be very high.
It is recommended that you can choose short-term contracts. "Gavin Cassino gave full play to his duties as a key account manager and gave Zhang Junping a risk warning.
"It's ok!
We have an old saying in China, which is called "A thousand pieces of gold are gone and they will come back."
That's just two hundred kilograms of gold, so there's no need to be so cautious. Zhang Junping waved his hands calmly and said with a smile.
"Mr. Zhang, I really don't think about it..."
"Don't think about it! You can buy me the longest gold futures contract.
Automatic delivery after expiration, and then continue to buy! " Zhang Junping directly interrupted Gavin Cassino's words and emphasized.
"Okay! I respect your choice!
The margin of the gold futures contract is [-]%, and the leverage is five times.
Are you full position or? "
"Full stock holding!"
"If you hold a full position, the risk will be relatively high. Once the price of gold fluctuates and you fail to make up the margin in time, your futures contract will be forcibly delivered.
Therefore, I suggest you hold half positions or 70.00%. "Gavin Cassino's suggestion is still very pertinent.
However, these worries did not matter to Zhang Junping at all.
No one knows better than him the future trend of gold futures.
It can be said that from now until January 1980, the price of international gold has been rising all the way.
Then in February, it started to fall.
Speaking of all this is also thanks to a drinking and bragging with Li Chengru.
Li Chengru was the first to make money by speculating in foreign exchange, earning hundreds of thousands of dollars a day.
Once drinking and chatting, Li Chengru drank too much, patted the table and said that it was a pity that he did not catch up with the golden bull market in 1980.
Otherwise, he is definitely not what he is today, and he is also the richest man in the country.
Zhang Junping used his mobile phone to check the gold bull market in 1980.
I remember very clearly that the international gold price rose from 35 yuan per ounce in 1980 to 850 yuan per ounce in [-].
A full increase of 24 times.
This is the only financial information that Zhang Junping recorded.
If you don't use it, I'm really sorry to go back and forth.
Zhang Junping bought all the US$150 million in futures contracts, leaving more than US$60,000 in pocket money.
After completing various procedures for futures trading, Zhang Junping returned to the Peninsula Hotel again.
Had a great dinner at the Peninsula Hotel.
Three-foot-long lobster, king crab the size of a pot lid, and abalone half a catty.
If you have money, you can build it vigorously.
The next day, Zhang Junping took the luxury car of the Peninsula Hotel to Standard Chartered Bank again.
Once again, 150 kilograms of gold were exchanged for a gold futures contract worth [-] million US dollars.
Still leaving more than $70,000 in pocket money.
It is worth mentioning that from the first time I traded gold in the book, to today, in just two days, the international gold price has risen, and I bought more than 10,000 US dollars for [-] kilograms of gold.
Then, Zhang Junping came to Hang Seng Bank again, traded 150 kilograms of gold, and also bought a gold futures contract worth [-] million US dollars.
The funds available in his hands reached more than 23 US dollars.
If it is converted into Hong Kong dollars, it is more than 100 million Hong Kong dollars. In this era, Hong Kong definitely belongs to the rich.
It is enough to buy a luxury house in Repulse Bay, Deep Water Bay and Big Wave Bay.
So far, Zhang Junping still has dozens of kilograms of gold bricks left on his body.
In addition, scattered gold jewelry can add up to more than ten kilograms.
It was already noon when he came out of Hang Seng Bank. Zhang Junping rejected the invitation of Hang Seng Bank's key account manager to invite him to lunch.
Back at the Peninsula Hotel, Zhang Junping had a simple buffet.
After taking a nap, Zhang Junping didn't know what to do for a while in the afternoon.
Going out to play, Xiangjiang at the end of the 70 years generation is still very original, there is really nothing interesting.
At least in Zhang Junping's view, this is the case.
The main reason is that the time is too short.
I can't do anything and I can't reach out.
In the afternoon, Gavin Cassino sent over the passports of the five Scarfaces.
From then on, the five people including Dao Scarface also became Xiangjiang people.
The most important thing in Xiangjiang this time is solved.
Zhang Junping was too lazy to go out by himself, so he called the hotel waiter to go out and buy a lot of Xiangjiang newspapers and magazines for him.
A person hid in the hotel, studying the current social information of Xiangjiang.
It was not until the evening that Zhang Junping left the hotel, found a food stall on the road to eat something casually, and then went to Portland Street to experience the nightlife in Xiangjiang.
The nightlife in Xiangjiang is more exciting than in this country.
Along the way, Zhang Junping saw several young and Dangerous boys fighting.
The light of the knife is flickering, and the passion bursting out of blood is very exciting.
Zhang Junping carefully avoided these red-eyed young and Dangerous boys, and walked slowly to Portland Street.
The night view of Xiangjiang, perhaps people who came from the mainland in this era will feel very prosperous.
There is a romantic taste in the dim lights.
However, as a latecomer, Zhang Junping was used to the prosperity of the city, so Xiangjiang at this time was just like that.
In Zhang Junping's eyes, Xiangjiang at this time is not much better than BJ.
Ask for a monthly ticket, and go to the company today to deal with some things, and the next chapter will be a little later.
(End of this chapter)
"For the information of these five people, please ask Mr. Cassino to help them settle down and get Xiangjiang passports." Zhang Junping took the scarred face and the other four people he selected.
"It's a trivial matter, leave it to me, and they will get Xiangjiang's passport and ID card tomorrow." Gavin Cassino readily agreed to this trivial matter.
In [-], Xiangjiang's household registration management has begun to become stricter. In the future, any immigrant, as long as he is not caught by the police before arriving in the urban area, can obtain the household registration status of Xiangjiang.
A very funny rule.
It's a redbreast, though.
"Mr. Zhang, do you want to choose our financial management service for your money.
We at HSBC have a huge financial team that can tailor the most suitable financial plan for you. "Gavin Cassino took the opportunity to promote the bank's wealth management products.
How much profit do they make just by keeping their money in the bank?
How can you make more money selling wealth management products!
As long as the wealth management products are sold, regardless of whether the client loses or gains, they will make money anyway.
"Mr. Cassino, my money is useless for the time being.
If I want to buy gold futures, how much leverage can I get? "
"Do you want to buy short-term contracts, or long-term contracts?"
"Long-term contract!
I am very bullish on the trend of gold, so I am going to hold it until the next decade! "Zhang Junping said with a smile.
"If it is a long-term holding, we can provide up to five times the leverage.
For short-term contracts, up to ten times leverage can be provided. "
"Okay! Then I would like to ask Mr. Cassino to help me buy all the funds into gold contracts using the maximum leverage your bank can provide." Zhang Junping said with a smile.
"Mr. Zhang, although I admit your analysis, I am personally very bullish on the trend of gold.
However, I have to remind you that if you do this, the risk will be very high.
It is recommended that you can choose short-term contracts. "Gavin Cassino gave full play to his duties as a key account manager and gave Zhang Junping a risk warning.
"It's ok!
We have an old saying in China, which is called "A thousand pieces of gold are gone and they will come back."
That's just two hundred kilograms of gold, so there's no need to be so cautious. Zhang Junping waved his hands calmly and said with a smile.
"Mr. Zhang, I really don't think about it..."
"Don't think about it! You can buy me the longest gold futures contract.
Automatic delivery after expiration, and then continue to buy! " Zhang Junping directly interrupted Gavin Cassino's words and emphasized.
"Okay! I respect your choice!
The margin of the gold futures contract is [-]%, and the leverage is five times.
Are you full position or? "
"Full stock holding!"
"If you hold a full position, the risk will be relatively high. Once the price of gold fluctuates and you fail to make up the margin in time, your futures contract will be forcibly delivered.
Therefore, I suggest you hold half positions or 70.00%. "Gavin Cassino's suggestion is still very pertinent.
However, these worries did not matter to Zhang Junping at all.
No one knows better than him the future trend of gold futures.
It can be said that from now until January 1980, the price of international gold has been rising all the way.
Then in February, it started to fall.
Speaking of all this is also thanks to a drinking and bragging with Li Chengru.
Li Chengru was the first to make money by speculating in foreign exchange, earning hundreds of thousands of dollars a day.
Once drinking and chatting, Li Chengru drank too much, patted the table and said that it was a pity that he did not catch up with the golden bull market in 1980.
Otherwise, he is definitely not what he is today, and he is also the richest man in the country.
Zhang Junping used his mobile phone to check the gold bull market in 1980.
I remember very clearly that the international gold price rose from 35 yuan per ounce in 1980 to 850 yuan per ounce in [-].
A full increase of 24 times.
This is the only financial information that Zhang Junping recorded.
If you don't use it, I'm really sorry to go back and forth.
Zhang Junping bought all the US$150 million in futures contracts, leaving more than US$60,000 in pocket money.
After completing various procedures for futures trading, Zhang Junping returned to the Peninsula Hotel again.
Had a great dinner at the Peninsula Hotel.
Three-foot-long lobster, king crab the size of a pot lid, and abalone half a catty.
If you have money, you can build it vigorously.
The next day, Zhang Junping took the luxury car of the Peninsula Hotel to Standard Chartered Bank again.
Once again, 150 kilograms of gold were exchanged for a gold futures contract worth [-] million US dollars.
Still leaving more than $70,000 in pocket money.
It is worth mentioning that from the first time I traded gold in the book, to today, in just two days, the international gold price has risen, and I bought more than 10,000 US dollars for [-] kilograms of gold.
Then, Zhang Junping came to Hang Seng Bank again, traded 150 kilograms of gold, and also bought a gold futures contract worth [-] million US dollars.
The funds available in his hands reached more than 23 US dollars.
If it is converted into Hong Kong dollars, it is more than 100 million Hong Kong dollars. In this era, Hong Kong definitely belongs to the rich.
It is enough to buy a luxury house in Repulse Bay, Deep Water Bay and Big Wave Bay.
So far, Zhang Junping still has dozens of kilograms of gold bricks left on his body.
In addition, scattered gold jewelry can add up to more than ten kilograms.
It was already noon when he came out of Hang Seng Bank. Zhang Junping rejected the invitation of Hang Seng Bank's key account manager to invite him to lunch.
Back at the Peninsula Hotel, Zhang Junping had a simple buffet.
After taking a nap, Zhang Junping didn't know what to do for a while in the afternoon.
Going out to play, Xiangjiang at the end of the 70 years generation is still very original, there is really nothing interesting.
At least in Zhang Junping's view, this is the case.
The main reason is that the time is too short.
I can't do anything and I can't reach out.
In the afternoon, Gavin Cassino sent over the passports of the five Scarfaces.
From then on, the five people including Dao Scarface also became Xiangjiang people.
The most important thing in Xiangjiang this time is solved.
Zhang Junping was too lazy to go out by himself, so he called the hotel waiter to go out and buy a lot of Xiangjiang newspapers and magazines for him.
A person hid in the hotel, studying the current social information of Xiangjiang.
It was not until the evening that Zhang Junping left the hotel, found a food stall on the road to eat something casually, and then went to Portland Street to experience the nightlife in Xiangjiang.
The nightlife in Xiangjiang is more exciting than in this country.
Along the way, Zhang Junping saw several young and Dangerous boys fighting.
The light of the knife is flickering, and the passion bursting out of blood is very exciting.
Zhang Junping carefully avoided these red-eyed young and Dangerous boys, and walked slowly to Portland Street.
The night view of Xiangjiang, perhaps people who came from the mainland in this era will feel very prosperous.
There is a romantic taste in the dim lights.
However, as a latecomer, Zhang Junping was used to the prosperity of the city, so Xiangjiang at this time was just like that.
In Zhang Junping's eyes, Xiangjiang at this time is not much better than BJ.
Ask for a monthly ticket, and go to the company today to deal with some things, and the next chapter will be a little later.
(End of this chapter)
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