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Chapter 580 Gold Speculation (Second update, please subscribe)

Gold surges!

Starting from the end of March, with the news of the Gold Return Committee's future investigation of Nanyang, the price of gold in Nanyang immediately skyrocketed. For a time, the news in newspapers was all about gold prices. There are also various speculations, all of which are inseparable from one point, that is - a large amount of gold will be lost abroad. Naturally, this led to a sharp rise in the price of gold.

Investing in gold has become the most profitable business overnight.

Like many people in Shanghai, Chen Liang also likes to speculate in gold. In fact, he has always been paying attention to the gold market.

"The gold market in Nanyang is different from other places. The gold control implemented here is to control entry and exit, so immigrants can freely bring gold into Nanyang. In order to encourage immigrants to exchange gold for Nanyang dollars, the price of gold in Nanyang has always been higher than international prices. The market is between 5% and 10% higher, and what everyone makes is the price difference..."

On the way to Hongxing Gold and Silver Exchange, Chen Liang explained the gold market in Nanyang to Cheng Qingsong.

"I know a little bit about this. After the war, the United States determined the international gold price, that is, the official price of one ounce of gold is US$35, and the gold content of one US dollar is 0.888671 grams of gold. The Nanyang dollar is closely pegged to the US dollar, and the exchange rate is 1:1. Logically speaking, the gold price should be Yes, it’s also 35 yuan an ounce.”

"Yes, the price of gold in Nanyang has been hovering around 37 yuan, reaching a peak of 39 yuan. And now it has reached 41 yuan!"

Soon they arrived at the door of the Gold and Silver Exchange, which was guarded by armed security guards. Although this is a gold and silver exchange, if there are robbers coming to make plans, they will definitely not gain much. Because although there are spot transactions here, they will certainly not be settled on the spot.

In Nanyang, those who can do real estate business are definitely not ordinary people, because they often take official business.

Amid the shouts of the traders, the deal was quickly concluded.

"Boss Chen, let me introduce to you. This is Chairman Feng of Hongxing Gold and Silver Exchange, and he is also the manager of Changde Gold."

After walking into the gold and silver exchange, he quickly met Guan Dongsheng, a partner of Yatai Construction. After winning the lawsuit, Chen Liang simply stopped covering up and directly founded Yatai Construction Company, specializing in acquiring rubber plantations. , implemented "reform", and Guan Dongsheng, the founder of Shanghai Commercial Bank, also took the opportunity to join in and participate in this business.

"I've been hearing about Boss Chen's deeds recently, and I was wondering if there would be a chance to meet him. I didn't expect that we would meet him so soon!"

Who would despise Chen Liang at this time?
Chen Liang said modestly:
"Everyone praises me. I'm just doing a small business with my friends. I can't compare to Boss Feng. Your business here is all about treasury gold."

The Chairman Feng mentioned by Guan Dongsheng is Feng Jingyun, the chairman of the Gold and Silver Exchange. He is not only the founder and chairman of the Gold and Silver Exchange, but also owns Changde Gold and Lihe Real Estate, with industries spanning the financial and real estate industries.

"I am still a little cautious about gold, but now that everyone is bullish, they naturally want to play."

Chen Liang's vision was very good, otherwise he wouldn't have come up with the idea of ​​a "dormitory" in the rubber plantation.

"Boss Chen, what are you going to do?"

Even though the Changde Gold Company is not very eye-catching, this gold company produces nearly half of the gold bars of the Gold and Silver Exchange. It can be said to be the "Bank of Borneo" of the Gold and Silver Exchange.

Chen Liang smiled and said:

Now that he wants to get involved in gold speculation, he is a little curious about what boss Chen has to do.

When speculating on gold on the exchange, 100 ounces is used as a unit of calculation, commonly known as "one lot", and one lot is worth several thousand yuan. Transactions here can range from dozens to hundreds of lots, and the leverage here can even be increased to hundreds of times. Therefore, the daily transaction volume is often tens of millions of yuan. As the earliest gold and silver exchange in Nanyang, it has always been the center of gold speculation in Nanyang.

After some explanation, Feng Jingyun asked curiously.

Below is a hall of more than 200 square meters. More than a hundred gold traders wearing yellow vest uniforms are wandering in the hall, shouting the price from time to time. The surrounding walls were densely covered with telephones.

It only takes a dozen seconds, but a deal worth tens of thousands or even hundreds of thousands of South dollars may have been reached.

Feng Zhouyun stretched out his hand and said politely.

There is a young man beside Guan Dongsheng, who looks to be less than 4 years old.

People who can find loopholes in land use restrictions, win cases in court and frustrate the authorities, can be described as 'very powerful'.

After some small talk, the two came to the second floor of the trading hall and leaned on the railing, with a clear view of the transactions below.

Feng Jingyun asked:
"Then Boss Chen is optimistic about the potential of gold?"

Chen Liang nodded and said:

"Really optimistic! After all, there is no smoke without smoke!"

In fact, Chen Liang is really optimistic about this gold market, because the reason is very simple, that is, if there is no profit, he can't afford it early. In his opinion, if Nanyang does not have enough benefits, how can it be possible for Nanyang to take in those German war criminals and hang out in the officialdom? Over the years, he has known very clearly what he can and cannot do.

Since they did some things regardless of the risks, they must have received benefits from others.

But today he came to the exchange just to get to know Chairman Feng.

In fact, I just came to say goodbye to the pier to facilitate future transactions at the Gold and Silver Exchange. After more than an hour, we returned to Yatai Construction.

In the office, Cheng Qingsong asked:
"Boss, we have just acquired a rubber plantation. The company has less than 100 million yuan in its account. Are all these funds invested in gold?"

"A rare opportunity!"

Chen Liang said:

"This is more than one million. If we seize the opportunity, we can make at least several million!"

"Boss, are you really optimistic about the gold market?"

Cheng Qingsong asked with some confusion. He didn't know anything about gold speculation.

"I'm not optimistic about the gold market!"

Chen Liang took out two cigars from the cigar box, threw one to Cheng Qingsong, and lit another one himself, Chen Liang said.

"I'm looking at humanity!"

"human nature?"

Cheng Qingsong said in confusion.

"I do not quite understand."

"Human nature is greed!"

Chen Liang said, recalling what he saw at the gold and silver exchange just now.

"We are like this, and so are others. Just like that Excellency, he is essentially a businessman. A businessman will never do business at a loss!"

With a slight smile on his lips, Chen Liang continued.

"If it weren't for huge benefits, Nanyang would definitely not shelter German war criminals. Even now, when other countries come to investigate, they are still sheltering Germans there. While denying that there is German gold, they also deny that there are war criminals hiding here. Tell me, why would he take such a big risk for those German war criminals?”

This is the fundamental reason why Chen Liang is optimistic about gold prices. In his opinion, Nanyang officials must have reached some agreement with those senior German officials and received a large amount of gold.

"Is what is written in the newspaper true?"

Cheng Qingsong asked curiously.

"I don't know yet whether it's true or not, but Qingsong, look..."

Pointing at the bustling city outside the window, Chen Liang said.

"If there is no German gold, where will he get the money to build cities and factories? No matter what you do in this world, you cannot do without money! Without money, nothing can be done. I dare He said that when he was building Nanyang, he must have used the gold stolen by the Germans. Now that the allies have found it, as long as they find a trace of evidence, they will definitely settle accounts with them. When the time comes, they will definitely have to spit out the gold they ate. come out!"

After blowing out the smoke, Chen Liang said confidently.

"What does the strength of Nanyang's currency rely on? Isn't it just because there is enough gold in the bank? But if you want to hand over only part of that gold to the allies, how high will the price of Nanyang's gold rise by then? "

Listening to the boss's analysis, Cheng Qingsong couldn't help but feel a little confused and thought to himself.

"Could it be that Nanyang really protected those people?"

In fact, none of this matters at all. For speculators, what they see is only the opportunity, not the truth or falsehood of time.

Many of them just want to use this reason to promote the skyrocketing price of gold and then make profits from it.

What is speculation? It’s nothing more than following the trend and hyping it up.

"Of course, if we think so, others must also think so, so the price of gold will definitely rise as high as the sky."

Smiling, Chen Liang took a puff of cigar, and then said
"Qingsong, do you know what my biggest feeling was during those days in Shanghai?"

Chen Liang asked himself and answered.

"The most profitable business in the world is speculation. For speculation, you must not miss the opportunity, and you will never come back if you lose it."

(End of this chapter)