Plutocrats From the Gold Rush

  Chapter 42 Capital Feast

  2003, March 22nd.

  A very ordinary day.

  The capital of the Great Eagle Empire, London, the capital of fog.

   Today's gold futures trading market still maintains the calmness of the past.

  Most investment institutions and stock commentators are still optimistic about the performance of gold futures in the market outlook.

  Because other than the Barry Gold Mining Company.

  In the international market, for more than a month, there have been several other gold mining companies.

   There are more or less news that the output is lower than expected, or that the next stage of prospecting is not going well.

  Because of these news, the situation in the desert state is superimposed recently, the Bald Eagle Township announced.

   intends to continue to increase investment, and monetary quantitative easing, increase government deficits, and resolutely safeguard the news of international justice.

   eventually led to this period of time.

   Gold spot and futures contract prices have been the main factor and driving force for rising prices.

  However, it was at 9 o'clock in the morning in Fog City today.

  A scene of confusion among many investors, investment institutions, fund management companies, and traders appeared in the futures trading market.

  First, starting at nine o'clock, the originally sparse gold futures sales contracts in the market began to increase slowly.

  After that, in the market, among the major financial institutions, the funds to buy gold futures short contracts began to gradually increase.

   And as time passed, when the time gradually came to eleven fifty.

   This phenomenon has even begun to appear in stages, and the long and short sides have begun to "fight" and "wrestle" frantically.

  Pieces of futures contracts, like snowflakes, are stacked on the market, becoming more and more intense and more and more.

   It also caused panic among countless people.

  Of course, it has also aroused the expectation and acceptance of countless investors who are optimistic about the gold price in the future market.

   Then, when everyone faced this panicked market behavior, they were extremely puzzled and stunned.

  The next moment, the bbe channel of the Great Eagle Broadcasting and Television Company, and the Bald Eagle Abe TV station both inserted a message at the same time.

  In an instant, countless funds that were ready to flee, as well as unprepared, bottom-level small and medium-sized investors and investment institutions who were watching the show, were all buried in the market.

   "News bulletin, an urgent message will be broadcast!

  Just a few days ago, an investigation agency broke out that the rumors that the Barry Gold Mining Company had advertised this season that the gold mines were exhausted deep in the Sierra Nevada Mountains might be suspected of being fake.

  According to research conducted by relevant authoritative organizations, the Barry Gold Mining Company announced its pessimistic expectations for gold resources in the Sierra Nevada.

   Immediately increased the funds for ordering gold mining equipment from the machinery and equipment company.

  At the same time, it immediately expanded the recruitment of a large number of gold mine-related industry workers in Bald Eagle's country, and increased the reserve of gold mine prospectors.

  At the same time, within the company, their gold production in the first quarter did not show any signs of significant decline.

   Even maintained a very high rate of chain growth.

   Also, except for this Barry Gold Mining Company.

  Stan Xie, the legendary gold digger who once advertised that there are no more gold mines in the Sierra Nevada, the president of Stan Mining Group.

   was also discovered, and secretly brought a large number of prospectors to the depths of the Sierra Nevada.

   And there is definite news, except deep in the Sierra Nevada.

   This legendary gold digger once went to India, and bought and blocked the ownership of the two small islands through the Barry Gold Mining Company.

  At present, regarding the above news, we have consulted the two companies involved and the parties involved.

  But they all denied the information on the market, saying it was a rumor.

   Affected by this news, the stock price of Barry Gold Mining Company in the US stock market has skyrocketed.

   And successfully drove the stock growth of the entire gold sector.

  In addition, based on the above information, the Bald Eagle Securities and Exchange Market Administration has announced that it will be involved in the investigation of this incident.

  If it is discovered that there is indeed fraud and misleading of investors by both parties.

   Both parties will be imposed a huge fine of no less than 150 million US dollars.

   Above, bbe news station, York will broadcast for you. "

  News arrives.

  Investors watching the situation in front of countless TVs listened to the news in disbelief.

   Not for a moment, even in the middle of the news.

  Countless people who have reacted have frantically poured into the futures market, selling their gold futures contracts.

   Sold at a very low price.

  With their moves and the spread of news, all the funds in the market surged wildly.

   After that, it was only a short period of twenty seconds.

  The price of gold futures contracts in the entire market plummeted by more than 100 basis points in an instant.

  Let countless investors who hold highly leveraged long contracts of gold futures lose their money in an instant.

   And even that is not all.

  After that, more funds began to flee, and the entire gold futures market formed a terrifying stampede effect.

   Just in the country of the Bald Eagle, after suppressing the news that someone successfully discovered a gold mine deep in the Sierra Nevada Mountains.

  In the entire market, the last thread in everyone's heart was completely broken.

   The extremely terrifying avalanche-style escape effect instantly began to affect the entire gold futures market.

  And together with the entire gold spot market, the global stock market trading market has been partially affected by this.

   In addition, many people began to backhand short after they realized it, and secretly fueled the flames crazily.

   Selling low-priced contracts one after another, continuing to suppress the price of gold futures contracts frantically.

  In almost an instant, the entire gold futures market became a **** Shura field.

   At the same time, when countless people panicked and collectively sold, they fled.

  Wall Street, California consortium, Xie Jin's investment traders.

   is taking over **** chips extremely quickly.

   And ready to go long backhand at any time, driving up the price of gold futures contracts.

  Because, this wave of sell-offs is just a misplaced sell-off under panic.

  Before the specific situation and investigation results come out.

  The result of terror expectations and the avalanche effect in the market.

  Afterwards, as sentiment picked up, the market gradually returned to rationality.

  After comprehensive consideration, some rational funds will turn around and push up the price of gold futures contracts.

   Waiting for real, more definite news to come.

  So right now, in fact, there is still a wave of short-term recovery opportunities to make money and escape.

  However, other people don't know that after this wave of emotions was wrongly killed, there was a short-term recovery and promotion.

   will be their last chance to escape, and also their last illusion.

  Because waiting for this wave of market sentiment to recover briefly.

  Next time, it will be Xie Jin who brings a large number of terrifying gold mines and the news of Yinni Golden Bay.

   And Bald Eagle Town House, the news of the arrival of the triple Rashomon of the Barry Gold Mining Company came.

   In Xiejin, it was reported that there are a huge number of Nevada gold mines, and the Yinni Super Gold Bay is mined.

   Bald Eagle announced that the previous motion to increase investment was rejected.

  Deliberately ease the situation in desert states, reduce expected investment, tighten monetary quantitative easing, and slow down the background of water release.

   Announced in Overlay Barry Gold Mining Company.

  The new generation of gold mining method developed by ourselves has been successfully verified and can effectively reduce the cost of gold mining.

  A large number of low-grade gold mines and mining areas that could not have been worth mining in the past.

   Now using new mining technology, it will be possible to mine it under the background of effective profit.

  Under this triple Rashomon combination punch.

  The amount of gold mining has soared, and the reserves have skyrocketed.

  Bald Eagle announced to ease the situation, gold futures safe-haven funds in the international capital market, and inflation sentiment eased.

   In addition, Barry Gold announced new gold mining technology, which effectively lowered production costs.

   Turn a large number of waste mines into useful gold mines and expand the overall reserves of gold.

  The entire market will become a feast for some people.

  …

  (end of this chapter)