American Fortune Life
Chapter 831: The Game of Money · Money Never Sleeps (3/9)
The feasibility of Alvitelli's proposal was undoubtedly high, and the so-called spot gold was a reflection of the price of gold on the market at that time, while futures gold was a reflection of the future price of gold.
Futures have also evolved from spot goods, spot goods are traded on the subject matter itself, while futures are traded on standardized contracts. When the gold of futures becomes spot goods, it is delivery. There will also be some costs during the delivery process, such as transportation, taxes, labor fees, etc., so spot goods are a little more expensive than futures.
Gold in stock and gold in futures interact, depending mainly on price difference and supply and demand, briefly, one ounce of gold, 100 yuan in stock, 1,000 yuan after a month, the buyer is definitely willing to buy in stock, the seller is definitely willing to sell the futures, so the spot price will go up, some people will not sell the supply without the demand for the natural price; and the price of the futures will go down, the supply is greater than the demand for the natural price will fall.
The price of gold spot transactions is generally based on the price of gold in the London market. The London market is divided into pricing and quotation transactions, and gold prices in gold markets around the world are determined by reference to the pricing levels of the London market and according to market supply and demand conditions.
As a result, Andy London's subordinates cracked down on gold futures prices and spot gold prices would rise, while Andy hit the gold market with spot gold in the United States, pouring 172 tons of gold into the market, causing a brief saturation of the market and a shift in supply and demand, so that future gold futures expected prices would fall.
After all, there's so much gold on the market today, it's cheap. Who else would he go to buy the gold spot to be delivered in February 2008?
Of course, Andy's fierce bo momentum to influence the entire gold futures market is still slightly weak, but a brief shock out of some profit margin is fine, and this time it will inevitably be risky to multiply the leverage, tens of billions of dollars going down, even if there is a dollar difference per ounce, to increase Andy's price by hundreds of millions of dollars.
Badstone and Alvitelli started a detailed discussion, and then felt that this brainstorming would inevitably limit their power, and Al stood up straight out of the office and assembled his men.
“Come on, let's go somewhere else, to the conference room.” Andy knows that in order to fight this part of the battle beautifully, you need to focus on the wisdom of everyone and the collaboration of all your men.
Andy took his suit off the hanger and walked out of the office with Budderstone, and saw several shirts, and the tie had long been unknown where his subordinates were being scolded by some angry Al.
“Ten minutes, let all the assholes pack themselves up and come to the conference room! Now!”
Looking at some awkward people turning around and walking away, Andy walked up to Al and laughed: "Al, you rarely get mad at me. What's wrong? ”
Al was a little blushed, a little excited, looking at Budstone like he had a feeling, and a little depressed, he said, "These bastards... Downstairs in the Freedom City, Bud, can you stop those fuckin 'assholes! ”
“Cough, I'll go down and see...” Budstone naturally knows what the guys who work all day like human self-propelled guns, hormones exploding now, a few awkward coughs, just want to turn around and go downstairs.
“Hmm? Let's go down and see... ”
“No, boss, I'll take care of it. ”
“Or don't go. ”
Andy looked at the two of his men speaking at the same time and immediately realized something. He shook his head and laughed: “Well, let's go wait in the conference room. ”
Budstone immediately turned around and went downstairs, some desperately looking at the already smoky office lobby, champagne, smoke, perfumes, bikini beauties walking around, loud lang laughs, and women screaming...
“You bastards! ”
Budstone saw Gaia's people start pulling away some sober guys, pushing away some pretty snakes wrapped around themselves, finding a deputy who was burying her mouth over a woman's belly and pouring champagne upwards.
“Okay, find the sober guy, do the job, give you 10 minutes, meet upstairs in the conference room... ”
The deputy with the shirt flap open saw that it was the top boss, heard the big boss was having a meeting, immediately put down the champagne, some embarrassed pushed off the woman's head under the table and started finishing her pants and shirt.
Budstone already knew about these bastards' nonsense, after all, the whole of Wall Street this year knew how crazy these newcomers are, how crazy they make money, and how crazy they are to play.
In the conference room, Andy was relaxing in the boss's chair, smiling and saying to Al, "Do these guys make a lot of noise? ”
“They usually have a party at an underground bar in a nearby HomeSweetHome art gallery, which is where they gather.” Al doesn't care, after all, it's a Wall Street culture. If you want to stand in such a bloody stormy environment, don't think too much about unbearable psychological stress and competition. Every guy with a financial dream and ambition will do everything possible to indulge himself and ease the tight strings.
“Oh, money never sleeps! I like it here...” Andy reached out and patted the table, stood up and walked to the floor window, holding his hands on the floor glass, looking down at the festive atmosphere, but slightly depressed Wall Street.
At this time, the door of the conference room was pushed open, a slightly wondrous, bright big back was a little wet financial JING Ying took your folders and quickly found their seats, and two others stuffed their shirts between their waists, while running into the conference room, there was no shame or embarrassment at all, instead, a familiar person picked a frown to silently communicate what was.
Instead of looking back at his men, Andy still looked at the gray scenery outside the window and waited for the whole conference room to quiet down before looking back at his men who had focused their eyes on him for a week, walking up to the throne and sitting down and saying to Al, "Go ahead and arrange it. ”
“The first group, in charge of contacting the Bank of America, will redeem the mortgaged gold.
Group two, collate and analyze the golden futures trend in February next year and who is currently involved in the fund...
Group three, wake up the people in London and tell them we're going to have a golden war, and we need their specific ammunition stockpile data...
Group four, work with the Free City players.
Negotiating group, contact Merrill Lynch Securities and tell them that we are interested in the shares of Bloomberg in their possession and that it would be best to get them to abandon or postpone the sale details of this asset... ”
Andy, listen, Alvitelli started presenting the results of what the three of them had discussed in the office before, and from a green look, he didn't see the cowardice, more excitement, and the guys were ambitious, all trying to do something big on Wall Street to make themselves famous.
Not to mention sitting on the throne smiling young boss but just spilled 160 million dividends, think-tank people already received year-end dividend cheques, everyone knows very well that this billionaire who works for himself is definitely a generous and generous boss, provided, of course, that he can make a profit!