Rebirth 1980: Marrying my sister’s best friend at the beginning

Chapter 596 Watch the show!
Thieving Eagle. New York!

Due to the time difference, when it is just dark on the Hong Kong Island side, it is still bright on the Thieving Eagle side.

In the bedroom of the manor, Li Yi was sleeping soundly when he suddenly heard knocks on the door, which sounded very urgent.

Li Yi, who was awakened, came to the door sleepily and opened the door.

When he saw Li Yunbao and Zhou Xinghua standing at the door, he immediately yawned and asked, "It's not even 06:30, why did you get up so early?"

Zhou Xinghua immediately said with a solemn expression: "Li Sheng, we just received an emergency telegram from our boss from Hong Kong Island. Those people from the British Group have taken action. They are going to snipe us here in New York!"

Hearing this, Li Yi was stunned for a moment, and then said: "Snipe us in New York?"

"Yes, according to the secret information obtained by the boss, they have raised more than one billion US dollars and are preparing to increase the price of gold until we are liquidated!"

Li Yi rubbed his eyes and said, "Is the news accurate?"

"It must be accurate. The boss asked me to tell you the situation immediately. He also said that he is already raising funds and will deliver the money to you as soon as possible!" Zhou Xinghua said.

However, Li Yi said calmly: "You should send a telegram back to Lao Li immediately and say that he does not need to raise funds. I can solve this matter!"

"Li Sheng, people from the British Group have probably got in touch with the financial groups here. Our enemies are not only those bastards, but also many financial companies here. Their combined strength will be Very strong, we”

Before he could finish speaking, Li Yi interrupted him and said, "Just follow my orders. I will have my own discretion in the rest!"

Zhou Xinghua wanted to say something else, but Li Yunbao, who was familiar with Li Yi, immediately said: "Brother Xinghua, just follow what Brother Yi said and reply to my father!"

"OK then!"

After saying that, Zhou Xinghua hurriedly left Li Yi's room. In an instant, only Li Yi and Li Yunbao were left in the room!
"Why don't you go back and rest for a while?" Li Yi asked, yawning.

The time difference between Hong Kong Island and New York is exactly 12 hours. When our nightlife just started, people here just got up to go to work.

So Li Yi couldn't sleep these days because of the jet lag, and he felt particularly uncomfortable.

"I am not sleepy!"

Then Li Yunbao asked again: "Brother Yi, are you really not worried about our liquidation? That's 20 billion US dollars. Once the liquidation happens, we will really lose everything!"

Li Yi glanced at him and then said: "Do you know how high the price of gold needs to be raised if we want to liquidate our position?"

"I don't know!"

Li Yunbao is a lawyer and he doesn't know much about investment.

"It needs to reach 720 US dollars per ounce!" Li Yi said.

"That's not much!"

"Haha, it sounds really good, the difference is only about 120 US dollars, but do you know how big the entire Thief Eagle gold market is?"

Without waiting for Li Yunbao to answer, Li Yi said again: "In the New York gold futures market alone, as many as 70 tons of gold are traded every day, and there are several gold markets like New York, including the famous Chicago. Gold trading market!”

"It is no exaggeration to say that if you want to increase the futures price of such a large gold market by one dollar, you will need billions of funds. If you want to increase the price of gold futures to 120 dollars, there are not hundreds of billions. funding simply won’t work unless”

Li Yunbao asked hurriedly: "Unless what?"

"Unless they use state power to create some situations, it is possible for the price of gold to soar!" Li Yidao.

"I heard that the consortium controls the government here, and they might actually do this!" Li Yunbao said.

"Haha, you think so because you don't understand finance, let alone economics. This kind of thing might have happened in the past, but now, the possibility is very slim, almost negligible!"

"why?"

"I told you that you don't understand. Now go and wake up Lan Xinyi, George, and Billy. I will take you to the theater later!" Li Yi said.

"What show are you watching?"

"I'll let you know later, go quickly!"

"Okay!" After saying that, Li Yunbao also stood up and left Li Yi's room.

After watching Li Yunbao leave, Li Yi couldn't help but raise the corners of his mouth slightly, revealing a smile.

Li Yi didn't expect that those bastards from the British Group would travel thousands of miles to unite with the financial companies here to attack him. It was really difficult for these people.

Despite this, Li Yi was not worried at all, but felt a little excited.

Originally, Li Yi had some regrets. Even if the plan to smash the market was successful, it would only be a lesson to those in the British-owned group, but it would not hurt the other party.

After all, no matter how talented he is, he can't bring the price of gold back to zero.

Even if the international gold price halved as expected, those guys' losses would still be limited.

But now that they are here to snipe themselves, there is room for maneuver.

You know, before coming here, Li Yi made speculations about what might happen after arriving here, which naturally included the situation of others sniping at him.

This is the New York of thieves. The most important thing is financial giants and various speculative funds, such as Jim Rogers' Quantum Fund, stock god Buffett, etc.

These people are like sharks wandering in the sea. Once they see a chance, they will swarm up like sharks smelling blood, and then devour people without leaving any residue.

Because of this, Li Yi did not choose higher leverage, because higher leverage means the lower the margin ratio and the greater the risk.

5 times leverage is relatively small in the futures market, and this ratio is enough for him to deal with those with bad intentions.

More importantly, Li Yi believes that the price of gold will definitely not be able to maintain its current high of nearly $600 an ounce. The downward trend is very obvious and irreversible in a short period of time.

The reason is also simple, because gold is disappearing as a currency attribute, which means that the attributes that maintain its high price are being stripped away.

As we all know, the price of gold has soared with the take-off of the economy, especially after the US dollar was pegged to gold. The price of gold has increased significantly, from US$850 to US$10 per ounce at its peak. , an increase of more than [-] times.

However, in the past few years, due to the relative shortage of total credit supply, the gold standard eventually collapsed.

The actual situation in various countries around the world right now is that the world is flooded with U.S. knives. Not only thieves, but even if the whole world is mobilized, they are unable to exchange the flood of U.S. knives with gold.

In this case, mankind is faced with two choices. One is to stick to the gold standard, which will fetter economic development due to the shortage of credit lines.

The second is to abandon the gold standard in order to ensure economic development's demand for credit line growth and base the monetary system on credit banknotes instead of gold.

The credit limit provided by banknotes is artificial and unlimited.

Of course, this also has its risks, making the economy more prone to economic bubbles and currency instability. But fortunately, mankind has finally found more means to stabilize the economy and currency values ​​besides gold, such as oil.

At this time, gold is no longer the only choice for mankind, and the demonetization of gold has become inevitable.

It is under this general economic background that mankind has chosen to demonetize gold.

After years of advancement, the demonetization of gold has had an important impact on the changes in the contemporary supply and demand structure of gold.

First of all, the demand for gold has changed from gold currency demand-dominated to gold commodity demand-dominated.

The outstanding performance is that gold has withdrawn from its dominant position in international settlements and national foreign exchange reserves. Central banks of various countries are no longer the main buyers in the market, but have become pure sellers. The total gold reserves of various countries have gradually decreased.

In short, there are more people selling and fewer people buying. The supply of gold in the market exceeds demand, and a price drop is inevitable.

The second reason is due to national policies. Social inflation here is extremely serious. It has now reached double digits, reaching the highest value in the past few decades.

High inflation will inevitably lead to currency devaluation. In order to prevent the money in their hands from devaluing, many people will choose to invest in gold.

But if the national policy changes and prepares to curb or solve high inflation, then gold will not be so fragrant.

And now that Thief Eagle is about to take action to solve this problem, the price of gold will plummet as a result.

No matter who comes at this time, it is impossible to prevent the price of gold from falling, and whoever comes will die.

Therefore, Li Yi is really not afraid of those people sniping at him now, but he is afraid that they will not come!
Now that these guys are here, don't even think about going back!
This time, he must let those guys know who they can mess with and who they can't mess with!
(End of this chapter)