American Fortune Life

Chapter 1570: Shake It Up

There are generally two kinds of forces that drive gold prices. One is that people buy gold for hedging in response to economic crises, social crises, including war.

Another is to cope with inflation, buy gold to preserve value and prevent the shrinkage of wealth.

Despite the recent surge in the exchange rate between the United States dollar and the euro, investors preferred to hold more liquid United States dollars in the face of the global economic downturn, weakening the hedging properties of gold.

This is also the main reason why Badstone believes that gold futures could fall in the short term, or even spit back profitably.

However, knowing the general trend of gold and that the strength of the dollar at this time is only an imaginary Andy, it is natural not to disrupt his layout and pace for a short period of decline.

Anyone who believes that the dollar will remain strong and hold a large number of dollars with better liquidity, then when the painting peels, the fear they will feel next will be another fierce one.

Andy believes that the real reason for the increase in gold prices, besides knowing the big picture, is the confidence that countries around the world are currently giving him with indiscriminate currency.

Governments around the world will ultimately pay the price for saving the currency that the crisis has ravaged.

Economically, the most common and effective way to respond to the economic crisis at the national level is to improve social security systems to protect themselves, find new economic growth points to emerge from the mud, and issue currency indiscriminately to pass on the crisis.

And the subprime problem facing governments in this subprime crisis is that they can't find new economic growth points...

Needless to say, then, all that remains is self-preservation and the handover of the crisis.

As a result, the United States launched an astronomical digital bailout plan and the European Union launched a €2.2 trillion bailout plan. Oriental Powers have launched a 4 trillion dollar bailout plan! (Coughing, the local government has launched an 18-trillion-dollar bailout plan...

However, after all, the banknotes will not fall out of the sky. Fortunately, today's printing technology is very well developed, and with third-party payments, the rise of electronic money, boom, boom, really, even the cost of ink is saved.

Both the United States dollar and the euro are international currencies and have the capacity to pass on crises to other countries. You know, in today's world, where 70 percent of the dollar is in circulation in countries outside the United States, America's insane printing of money can both boost its own economic recovery and dilute its debt.

As for those countries that do not control the international currency, there is no better option but to suffer helplessly - they can, of course, turn to their own nationals...

Indiscriminate currency issuance inevitably leads to currency devaluation and embeds the risk of inflation. The more currencies are indiscriminate, the greater the risk.

However, in the global financial tsunami, the governments of Cesar trembled, they can't take the long term anymore, let's talk about it before TM gets over it!

Wherever other countries are concerned, some irresponsible countries are more like the dead, eating Wan Aiko as a meal.

However, the economic recovery and economic growth accumulated with indiscriminate currency is by no means encouraging, because the hidden dangers have been buried, and the thunder trample cannot be avoided, even if it is later, it will be bombed!

Under the sheep effect, countries compete to devalue their currencies, and gold naturally becomes the first choice for countries and individuals to hedge and cope with inflation.

The madness of gold prices is just beginning!

So Andy Smith, who accumulates tens of billions of dollars of gold in his hands, is the one who's really not afraid to play hooligans around the globe!

Sitting in the car, watching the New York Giants fly their signs and flags everywhere, celebrating the banner's New York streets, Andy couldn't help but smile. Anyway, his Giants brought honor back to New York, making the people of New York forget the shadow of the economic crisis for a while, dialing the clouds and finally having a good time, temporarily dispelling the gloom scattered over New York, although it was only temporary!

JeanGeorges is the most popular French restaurant in New York and the favorite dining place in New York's upscale society. Andy chose this place for visitors, in addition to the food, and the view of Central Park through a wide glass window.

The heads of the six major institutions went to the banquet on time. After everyone met, they naturally couldn't help congratulating Andy for a while. The Giants won the championship. Each of them looked honorable and very happy.

As a business ally, Andy naturally won't forget to invite everyone to a celebration tomorrow night after the Giants' victory march.

A rich and beautiful Samsung Michelin-style lunch, Andy and his six allies were very tacitly not talking about Qualcomm shares, just chitchat in the North and South China Sea, and had a great lunch time.

Before everyone left the table, the six heads of agency exchanged a look at each other. It seemed strange that Andy had never mentioned questioning their sale of Qualcomm shares, but one was human JING, not to mention Andy, who naturally wouldn't mention it.

Andy thought it was really just six people who had invited their allies to dinner to consolidate their alliance, walking out the restaurant door and greeting them with a bunch of cameras, crowded reporters.

“Mr. Smith, how is your acquisition of Qualcomm... ”

“Mr. Smith, there's news that you've got the support of the big shareholders, ready to win the Qualcomm board of directors with absolute advantage, is it true... ”

“Have you reached a confidential agreement with the six institutional shareholders? ”

“Mr. Smith, according to reliable sources, you are selling Qualcomm shares in large amounts and are ready to give up the acquisition... ”

One question was shouted out, the entire restaurant entrance was in chaos, the heads of the six agencies frowned and their faces became a little ugly, but when they faced each other, they saw some space separated by the bodyguards, laughing from Andy, who looked calm at them, and the six were finally replaced by a bitter smile on their faces.

In recent months, in order to protect his property from malicious takeovers, Qualcomm has done everything in its power to announce the continuation of the current 11 boards of directors against Andy, but also by raising the share price and at the same time joining partners in vocalizing to boycott Andy Smith's takeovers in the hope that Andy would find it difficult to retreat.

It's just a pity that Andy has ignored Qualcomm's offer since he acquired enough shares to wait for the shareholders' meeting to overturn the existing board of directors and thus control Qualcomm.

Qualcomm and the suddenly joining white knights were undoubtedly punched in the cotton, dancing like clowns for a long time before suddenly finding out that they were ready to kill them with guns was undoubtedly a very painful 13 and depressing thing.

It's just that they can't believe that Andy's not only going to kill them at the last minute, he's going to have to squeeze the oil out of them before he does!

“First of all...”

Faced with a scene of noise and chaos, Andy suddenly stretched out a finger, raised his voice, magically silenced the scene and nodded satisfactorily, continuing: “I will not raise the purchase price! ”

“Secondly, the sudden decision of Qualcomm's board of directors to expedite the acquisition of part of AMD's business for over $60 million without my knowledge as the number one individual shareholder made me angry and dissatisfied, and they seemed to have forgotten that they were just the spokespersons for shareholders, that they were responsible for shareholders' interests, not ignoring them, and that they had violated their professional ethics! ”

Andy smiled faintly, reaching out to the heads of the six agencies, and continued with all the journalists' attention: “I am very happy that the public spending support of the shareholders of the six agencies is a great victory for me and a vote of no confidence in Qualcomm's board of directors, thank you! ”

Saying, Andy had a thankful and sincere look on his face and a smile on his face, but the six depressed agency representatives shook their hands to thank him.