Easy Tycoon

Chapter 924 Everything Is Made of International Hot Money
Although Atlantic Capital, an international hot money giant, entered the market with a huge amount of funds, it did not make any huge changes to history. For example, the international crude oil price rose more fiercely than the original history, or there were any differences in prices.

In fact, it was the intervention of Atlantic Capital that made the crude oil futures market more stable. Everything was under the control of funds, and it was developing in an orderly manner according to the original historical development trend.

This is thanks to Niam Wilson's precise control.When Niam first joined KY Investment Fund, he was recruited by his friend Henry only because he was unhappy at Goldman Sachs.

Moreover, when Niam first joined the KY Investment Fund, he only served as a director on the boards of directors of the 27 American companies in which the KY Investment Fund invested a huge amount of money.However, after all, Niam was once a senior executive of Goldman Sachs, and his own quality is still very good. Later, Yang Jing asked him to serve as the CEO of KYA Capital, the predecessor of Atlantic Capital, and concurrently as the executive vice president of KY Investment Fund. It turned out he did very well.

Later, KY Investment Fund changed the name of KYA Capital to Atlantic Capital, and at the same time was responsible for the speculation of harvesting the legacy of the former Soviet Union.In that speculative operation that lasted for several years, Niam did a very good job. He fully understood Yang Jing's order and his secretive style, and made that speculative operation almost seamless, so he was appreciated by Yang Jing .

In this speculative operation against the global crude oil futures market, Niam once again displayed the style of harvesting the heritage of the former Soviet Union, divided the massive funds into countless small accounts, and used an efficient trading team to control tens of thousands of accounts. , and began to secretly build long positions in the world's major crude oil futures markets.

The international community itself is full of doubts about the Bush administration's plan to take action against Iraq. Coupled with the fact that such a huge amount of funds began to support the market slowly, the international crude oil price immediately began to increase slowly.

Because Atlantic Capital's funds are scattered too fragmentarily, it is almost impossible to find Atlantic Capital's funds by market monitoring. They can only monitor that a large amount of international hot money has begun to pour into the international crude oil futures market, but no one knows the specific source of funds. Can't find it.

Everything is done by international hot money!

As a result, a large number of long contracts began to appear in the international crude oil futures market, which gradually began to heat up the market. In addition, the Bush administration really took action against Iraq, so after the international oil price soared to 30 US dollars per barrel, it began to rise again. Never looked back!

It's just that this speculation on international crude oil prices is a long-lasting process that will last for more than ten years.Although the final benefit is astonishing, it needs to be controlled and endure loneliness.

The same goes for speculation in the international gold market.

In fact, the trend of international gold prices is almost the same as that of international crude oil.

After experiencing the ups and downs of the black swan market in 1980, the international gold market has entered a big bear market that lasted for more than 20 years. USD/oz level, but it will fall back soon, and even fell to a low of 1987 USD/oz on June 400, 1999.

The continued decline in gold prices has made banks in many countries unbearable, so on September 1999, 9, in order to prevent further declines in gold prices, the European Central Bank and fourteen European countries signed a central bank gold sales agreement, also known as the "Huawei . The Washington Agreement.The agreement decided to sell gold in five years, no more than four hundred tons per year.Five years later, on September 27, 2004, the second phase of the central bank gold sales agreement was renewed, and two more European countries joined the agreement.

This agreement is regarded as the beginning of the bull market in the gold market, because since the signing of this agreement, the international gold price has begun to pick up.

At the beginning of the century, with the bursting of the Internet bubble and the financial turmoil in the United States caused by the September 911 incident, the monetary policy of the United States was adjusted, and the federal funds rate was significantly lowered to a historically low level to stimulate economic recovery.Affected by this, the price of gold rose to around $2001 per ounce in 330.

Then, in 2003, the United States launched the Iraq war, and the Bush administration brazenly took action against Iraq. The price of gold broke through $400 per ounce that year, and in the following three years, the international gold price has remained between $400 and $450. Dangling between dollars.

At the beginning of 2006, the subprime mortgage crisis in the United States began to unfold gradually, and the international gold price rose accordingly. In just five months, the international gold price continuously broke through 500 US dollars per ounce, and finally reached a high of 725 US dollars per ounce. Adjustment, dipped to a low of $560 per ounce.

But even this price is far beyond the price of gold at the beginning of the new century.

In 2007, the U.S. real estate bubble burst, and the price of gold accelerated under the influence of the subprime mortgage crisis. Before the financial crisis in 2008, the international gold price had broken through the historical high of US$1000/oz and hit a record high of US$1032/oz.

At this time, the international gold price plummeted once again.

Because of the intensification of the subprime mortgage crisis in the United States, Bear Stearns, the fifth largest investment bank in the United States, was acquired by the government at a price of $2 per share, Freddie Mac and Fannie Mae were taken over by the government, Merrill Lynch was acquired, and Lehman The brothers were forced to close down, and the global capital market was shaken.The stock market plummeted, the commodity market plummeted, the international oil price plummeted from $147/barrel to $33.2/barrel, and the international gold price also fell from above $1000/oz to around $680/oz.

But then, in November 2008, the Federal Reserve announced the first round of quantitative easing, also known as QE11, to repurchase about US$1 trillion in government bonds, mortgage-backed securities and other "toxic assets", and international gold prices and international oil prices In the same way, a full-scale upward mode was launched immediately. Before the second round of quantitative easing in August 1.35, that is, before the launch of QE2010, the price of gold had climbed to around US$8 per ounce due to the weakening of the US dollar and the Greek crisis.

With the outbreak of the Libyan war in February 2011, on August 2 of the same year, the international rating agency Standard & Poor's announced that it would downgrade the US sovereign credit rating from AAA to AA+, with a negative rating outlook. This was the first time in US history that it lost its AAA credit rating. Then the price of gold launched the most violent offensive. In just 8 trading days, the price of gold has reached the historical peak of 5 US dollars per ounce.

Finally, after touching a high of $1920, the international gold price began to dive from a high platform.
Throughout the 12 years since entering the new century, the trend of international gold prices is almost the same as that of international oil prices.

However, compared with the international oil price that started to rise in 2003, although the international gold price recovered earlier, but before 2006, for the Dragon Fund, there was nothing to hype about the international gold price.

Dragon Fund is specialized in speculating on the black swan market, so the speculative actions for international gold should start at the end of 2005. Then, like international crude oil, from the beginning of 2006 to 2012, the international gold price also experienced two waves Skyrocketing and plummeting, this is a good time for Dragon Fund to make a move.

And the Pacific Capital controlled by David Anderson has already sharpened its sword.Two and a half years after the start of the international crude oil market, Pacific Capital quietly joined the international gold market with huge sums of money!Of course, the huge amount of capital of Pacific Capital is still "international hot money".
Everything is f*cking done by international hot money!
(End of this chapter)