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MillionNovel > I am a nobleman in England > Chapter 208

Chapter 208

    "How about gold today?"


    Arthur leaned lazily on the boss''s chair, took two sips of his black tea cup, and then looked at Smith and asked.


    "The current price is US $1052 an ounce, up slightly. However, according to information from the IMF, the three central banks intend to purchase 200 tons of gold for international reserves. If the news is true, the gold will account for half of the 403 tons of gold agreed to be sold by the IMF in September this year.


    According to our analysis, the purchase of gold by the three central banks is only a prelude to the purchase of gold as reserve assets by central banks of various countries in the future. The expectation of rising demand for gold as reserve assets will promote the rapid rise of gold.


    In addition, the technical buying of gold after breaking the previous record high of US $1072 and the news that the Bank of England may expand the scale of money supply on May 5 will promote the US dollar exchange rate and provide favorable factors for the sharp rise of gold.


    So I think the next trading day is very important, whether it''s for foreign exchange, crude oil or gold. " Smith JAMA said with a dignified and expectant look.


    "Hehe, it seems that there will be another good market. To tell you the truth, I regret that you used only 20 times of leverage. If you had the courage to use 100 times of leverage directly, you would not have to borrow money from the bank for the acquisition of coastal power plants Arthur shook his head regretfully.


    At the beginning, he only wanted to make a sum of money to hoard the next gold, because he knew the general trend, no matter how many times it went up or down, he just had to wait for the appreciation.


    However, several successive operations of Bo section have made him taste the sweetness and maximized the benefits. How could he choose to wait with real gold.


    "Twenty times of leverage, 1.2 billion US dollars, a total of 1165000 ounces. At the current price of 1052 dollars per ounce, you have made a profit of more than 23 million dollars. If, as we expect, there will be a big rise in the next few days, I think your profit will be even greater.


    At present, 20 times of leverage is the safest and most stable. If it is more than 40 times, the risk will be very great, because after each big rise, there will be profit selling pressure. Moreover, the most critical factor is that gold miners are the main short sellers in the international gold futures market. As gold miners continue to buy back short contracts to close their positions, the number of short positions has gradually decreased, which will boost gold prices in the future The driving force of the rise is actually weakening.


    If gold rises sharply in the short term, it will be followed by the pressure of profit taking. It is inevitable that the price will fall, and we can not ignore this risk. "


    Smith JAMA understood the reluctance of the boss, but he had to persuade him not to take more risks to gamble since he could keep the risk under control and make a stable profit.


    In the financial market, the tragedy of many people is that they always put the cart before the horse, always fantasize about high returns, but never add to the foundation of such returns. N years down a look or in the same place, in the smart waste of life, in impetuous regret constantly reincarnation.


    In Smith''s opinion, his boss is lucky enough in the world of financial investment, not only to make money, but also to win time.


    From the beginning, Smith JAMA has been trying to change the single investment options of his young boss. The trend of gold during this period of time is indeed surprising and surprising, and it has also brought huge profits. However, as an investor, you should never put all your eggs in one basket.


    Fortunately, his boss accepted the suggestion and bought the stocks of many enterprises. This time, he encouraged his boss to take out money to speculate in foreign exchange futures, in order to make his boss''s investment balanced.


    It''s safe to "get a steady return", but unless there is a large base, the so-called "steady 20% per year" can neither achieve the financial target nor be possible. In the long run, it is extremely difficult to obtain a compound rate of return of 25%, but another characteristic of the return on investment is that the rate of return is extremely uneven. Only when we realize the reason and significance of this non-uniformity can we improve the probability of success.


    What''s more, sometimes his boss is too anxious to make money. You should know that the rate of return is not in a hurry for a while. As long as you don''t make big mistakes and stick to doing the right thing, good returns are only a matter of time.


    When it comes to gold, my boss pays too much attention to gold investment. Don''t think pigs have been flying in the sky for a long time, they really think they have a pair of invisible wings. In fact, it''s just that the wind hasn''t stopped.


    In this world, there is no smarter way to mix fame than to bite one direction, because you will always be right once, even for a long time. But there''s no stupidity to be a smart investor.


    To tell you the truth, Smith JAMA is worried that his young boss will become inflated in a favorable environment, resulting in a very simple arrogant attitude of investment. This is not alarmist, but a lot of foresight that he thinks is finally going to the street.


    Is it easy to invest?


    Of course, if you hide the tedious data collection and analysis process, don''t tell the business logic that is advancing step by step in the business analysis process, and do not show him a lot of thinking process and continuous progress in continuous discussion, but directly give a result and a general reason, then it seems to be really "very simple".Arthur can''t read his mind. Naturally, he doesn''t understand his painstaking efforts. But even if he does, he will smile and tell Smith that he thinks too much. Arthur is more sober than anyone else and has never underestimated the risks of the investment community.


    He is also very clear about his original intention of doing financial investment and its precious place, that is, in order to let his future, never waste his time on things he doesn''t like, and he freely arranges the things he is interested in. Make money to serve life, not life to make money.


    "Ha ha, since there is a risk of falling back, then we still choose to drop bags for safety, wait for the price to fall, and then re-enter, and first get the price difference of the good market before we get it!" Arthur smiles and makes a decision.


    Hearing the boss''s decision, Smith was relieved. Finally, he didn''t have to think of ways and reasons to convince his boss. Now that he had this early decision, he could make a decision directly according to the actual situation.


    When Smith left, Arthur called his secretary in, drank a cup of black tea, looked up at her secretary and asked, "has the gym I asked you to find me any results?"


    "Yes, boss." Secretary Jeanne, beautiful eyes lit up, and then first said sorry, then turned out of the office, quickly took several promotional pages came back, came to the desk, the publicity page Kwai in front of Arthur, began to introduce.


    "Bodyism, this is a new type of fitness club, the fitness coaches of the club are all young people, whether male or female coaches, the muscle lines are enviable, the shape of fitness meals are dazzling. Marble dressing room is a high-end atmosphere, thick down towel to enjoy. In particular, you can receive private instruction in a private parish with perfect lighting.


    Third space, a boutique fitness studio with huge space, adopts the bright industrial architectural style of New York, with large swimming pool, high temperature yoga room and sprint track...


    Bodyfitness, the family''s fitness trainer, promises to brush off excess body fat in eight weeks, making the client''s body more attractive. However, the process involves evaluation items that are cumbersome and tiring to you. There are three private education courses a week. The courses mainly focus on endurance and weight demand training. The training forms include squatting, Kettlebell exercise and sled push sprint to help you build Jin muscle lines and promote metabolism in the body.


    According to my private inquiries and consultations, this course of bodyfitness is really effective


    Listening to Secretary Jennie''s detailed report, Arthur can''t help but appreciate his secretary, who is not very high in his sense of existence. He likes people who do things carefully.


    "Ha ha, it''s hard for you. Since you strongly recommend it, you can choose this one. It''s just in Canary Wharf. It''s convenient." Arthur reached out and took a look at the pictures above. The white decoration space and various black fitness equipment bring visual impact, but also feel fashionable. It has the enjoyment of comfort and beauty.


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