"President Su, which stocks are we targeting?”Xue Xia asked.
Not only did Xue Xia think that Su Yu would manipulate the stocks, but Luo Deyun and Xu Anguo also thought so.
Su Yu's previous investment history was all about investing in the stock market and earning money from investing in each stock.
"This time, our target is not the stock market. If we want to play, we'll play big.”Su Yu said lightly.
"This... President Su, the gold market is too stable. There's no room for manipulation.”Luo Deyun shook his head and said.
"What if I say that gold will soar soon?”Su Yu said with a smile.
Hearing this, the three of them looked at Su Yu in shock. Xue Xia immediately said,"In that case, we have to make some preparations.”
Luo Deyun and Xu Anguo also nodded; they didn't doubt Su Yu's taste.
"You guys familiarize yourself with the environment first. After 4:30, we will start to enter the international gold spot market to open a position.”Su Yu said.
That's right, Su Yu entered the international gold spot market, not the international gold futures market.
Although there was only a difference of one word between the two, the difference was huge. It was not only in terms of size, daily trading volume, but even some rules were different.
For example, the leverage of gold futures was 10 times, while the leverage of gold spot was generally 100 times.
If Su Yu wanted to earn more money with the same amount of capital, he had to choose a bigger market.
Even though the risk of the international gold market was more than ten times greater, Brother Yu didn't care. He had confirmed the news and was sitting on the fishing platform.
"Okay, President Su." The three of them immediately agreed.
Then, the four of them began to discuss the risks of the international spot gold market, including operational risks, market risks, political risks, and so on.
The international gold spot market was huge, with daily trading volume exceeding 20 trillion USD. Even if Su Yu invested all 6.5 billion in it, it wouldn't cause a stir.
If it was the stock market, even if it was the largest American stock market in the world, after 6.5 billion Chinese yuan entered, it would cause some fluctuations. Those financial giants would immediately target it and think of ways to eat up this sum of money.
Su Yu checked the current price of gold on his phone. The international gold price was 242 yuan per gram, which was 16 yuan per gram higher than four days ago, or 7.08%.
Of course, the price of gold was not stable. It was changing all the time. Recently, the international spot gold market had been surging. The international gold price was fluctuating and even jumping repeatedly.
From the gold price trend in the past four days, the first day was 226 yuan per gram, the second day suddenly rose to 249 yuan per gram, the third day fell to 218 yuan per gram, and today it rose back to 242 yuan per gram, but the trend was falling.
According to the inference, the international gold price would drop drastically tomorrow.
Due to the intense fluctuations in the international gold price in the past few days, some international speculators were directly killed several times. It was very dangerous.
In short, the international gold spot market was the riskiest market in the world, and even some national teams were severely skinned.
Without an experienced veteran at the helm, with a huge amount of capital as support, and an analysis of the world's macro economic situation, once they entered the international gold spot market, they would definitely die.
There was an old saying that also applied to the international gold spot market: There was a high probability that someone who could swim would drown!
People who thought they were good at swimming often died the fastest.
People who thought they could strategize in the international gold spot market often became leeks.
The global gold exchanges all had a T 0 trading mechanism, which meant that they could buy and sell on the same day, unlike the T 1 trading mechanism of the stock market.
At present, the domestic gold exchange had long been in line with international standards, so it also adopted the T 0 trading mechanism. However, due to the size, the maximum leverage was only 12.5 times.
One had to know that the international gold exchange usually had a hundred times leverage!
That was to say, using 1% of the capital to operate 100% of the gold, 100 times the scale, and investing 100 million yuan, he could operate 10 billion gold.
However, the risk was also a hundred times higher!
As long as the price of gold fluctuated slightly, they would suffer heavy losses, causing the deposit to suffer a serious loss. In the end, they would be forced to close their positions and withdraw quietly.
In this huge market where the daily trading volume exceeded 20 trillion USD, even if 100 billion yuan entered the market, if they used high leverage, they might lose everything in a day.
Currently, there were four major gold trading markets and five major gold exchanges in the world. Due to China's poverty, the scale of the Shanghai Gold Exchange could not compare to the other five major gold exchanges.
However, Su Yu chose the Shanghai Gold Exchange Exchange in China. It was safe!
The international spot gold market was a global 24-hour trading system. It was not based on China's time as the standard time, nor was it based on the time of other countries.
Su Yu ordered the opening of the warehouse at 4:30 pm because he was waiting for the international gold price to drop. As long as the price dropped a little more, he would earn more.
[PS: F * ck, it actually rose to 20,000 flowers in an instant. I mean what I said. I'll add more and offer it to you. I'll also ask for the support of the flower evaluation votes and monthly votes!]! "President Su, which stocks are we targeting?”Xue Xia asked.
Not only did Xue Xia think that Su Yu would manipulate the stocks, but Luo Deyun and Xu Anguo also thought so.
Su Yu's previous investment history was all about investing in the stock market and earning money from investing in each stock.
"This time, our target is not the stock market. If we want to play, we'll play big.”Su Yu said lightly.
"This... President Su, the gold market is too stable. There's no room for manipulation.”Luo Deyun shook his head and said.
"What if I say that gold will soar soon?”Su Yu said with a smile.
Hearing this, the three of them looked at Su Yu in shock. Xue Xia immediately said,"In that case, we have to make some preparations.”
Luo Deyun and Xu Anguo also nodded; they didn't doubt Su Yu's taste.
"You guys familiarize yourself with the environment first. After 4:30, we will start to enter the international gold spot market to open a position.”Su Yu said.
That's right, Su Yu entered the international gold spot market, not the international gold futures market.
Although there was only a difference of one word between the two, the difference was huge. It was not only in terms of size, daily trading volume, but even some rules were different.
For example, the leverage of gold futures was 10 times, while the leverage of gold spot was generally 100 times.
If Su Yu wanted to earn more money with the same amount of capital, he had to choose a bigger market.
Even though the risk of the international gold market was more than ten times greater, Brother Yu didn't care. He had confirmed the news and was sitting on the fishing platform.
"Okay, President Su." The three of them immediately agreed.
Then, the four of them began to discuss the risks of the international spot gold market, including operational risks, market risks, political risks, and so on.
The international gold spot market was huge, with daily trading volume exceeding 20 trillion USD. Even if Su Yu invested all 6.5 billion in it, it wouldn't cause a stir.
If it was the stock market, even if it was the largest American stock market in the world, after 6.5 billion Chinese yuan entered, it would cause some fluctuations. Those financial giants would immediately target it and think of ways to eat up this sum of money.
Su Yu checked the current price of gold on his phone. The international gold price was 242 yuan per gram, which was 16 yuan per gram higher than four days ago, or 7.08%.
Of course, the price of gold was not stable. It was changing all the time. Recently, the international spot gold market had been surging. The international gold price was fluctuating and even jumping repeatedly.
From the gold price trend in the past four days, the first day was 226 yuan per gram, the second day suddenly rose to 249 yuan per gram, the third day fell to 218 yuan per gram, and today it rose back to 242 yuan per gram, but the trend was falling.
According to the inference, the international gold price would drop drastically tomorrow.
Due to the intense fluctuations in the international gold price in the past few days, some international speculators were directly killed several times. It was very dangerous.
In short, the international gold spot market was the riskiest market in the world, and even some national teams were severely skinned.
Without an experienced veteran at the helm, with a huge amount of capital as support, and an analysis of the world's macro economic situation, once they entered the international gold spot market, they would definitely die.
There was an old saying that also applied to the international gold spot market: There was a high probability that someone who could swim would drown!
People who thought they were good at swimming often died the fastest.
People who thought they could strategize in the international gold spot market often became leeks.
The global gold exchanges all had a T 0 trading mechanism, which meant that they could buy and sell on the same day, unlike the T 1 trading mechanism of the stock market.
At present, the domestic gold exchange had long been in line with international standards, so it also adopted the T 0 trading mechanism. However, due to the size, the maximum leverage was only 12.5 times.
One had to know that the international gold exchange usually had a hundred times leverage!
That was to say, using 1% of the capital to operate 100% of the gold, 100 times the scale, and investing 100 million yuan, he could operate 10 billion gold.
However, the risk was also a hundred times higher!
As long as the price of gold fluctuated slightly, they would suffer heavy losses, causing the deposit to suffer a serious loss. In the end, they would be forced to close their positions and withdraw quietly.
In this huge market where the daily trading volume exceeded 20 trillion USD, even if 100 billion yuan entered the market, if they used high leverage, they might lose everything in a day.
Currently, there were four major gold trading markets and five major gold exchanges in the world. Due to China's poverty, the scale of the Shanghai Gold Exchange could not compare to the other five major gold exchanges.
However, Su Yu chose the Shanghai Gold Exchange Exchange in China. It was safe!
The international spot gold market was a global 24-hour trading system. It was not based on China's time as the standard time, nor was it based on the time of other countries.
Su Yu ordered the opening of the warehouse at 4:30 pm because he was waiting for the international gold price to drop. As long as the price dropped a little more, he would earn more.
[PS: F * ck, it actually rose to 20,000 flowers in an instant. I mean what I said. I'll add more and offer it to you. I'll also ask for the support of the flower evaluation votes and monthly votes!]!
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