Plutocrats From the Gold Rush

Chapter 42 Capital Feast

2003, March 22nd.

A very ordinary day.

The capital of the Great Eagle Empire, London in the 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 except for 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.

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

Intention 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 the foggy capital 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 went by, when the time gradually came to eleven fifty.

This phenomenon even began to appear staged rampage, and the long and short sides began to start a frantic "fight" and "wrestle".

Pieces of futures contracts, like snowflakes, are piled up 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.

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

The next moment, the bbe channel of the Great Eagle Radio and Television Company and the abe TV station of the Bald Eagle broadcast a message at the same time.

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

"News bulletin, an urgent message is 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 in the depths of the Sierra Nevada Mountains may be suspected of fraud.

According to research by relevant authoritative organizations, 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 machinery and equipment companies.

At the same time, it immediately expanded the recruitment of a large number of workers in the gold mine related industries 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.

Plus, other than 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.

It was also discovered that they secretly led a large number of prospectors into the depths of the Sierra Nevada Mountains.

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.

However, 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 soared.

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 intervene in the investigation of this incident.

If it is found that there are indeed acts of fraud and misleading investors by both parties.

A huge fine of not less than 150 million US dollars will be imposed on both parties.

The above is reported by bbe news station, York. "

The news came.

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

But for a moment, even in the middle of the news.

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

For sale at an extremely low price.

And with their actions 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.

Countless investors who held highly leveraged long contracts of gold futures lost all their money in an instant.

And even so, that's 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 incomparably terrifying avalanche fleeing effect instantly began to affect the entire gold futures market.

In addition, the entire gold spot market and the global stock market have been partially affected by this.

In addition, after reacting, many people began to backhand short, secretly fueling the flames crazily.

The continuous selling of low-priced contracts continued to suppress the price of gold futures contracts frantically.

Almost instantly, the entire gold futures market became a bloody Shura field.

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

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

He is taking over the bloody chips extremely quickly.

And ready to backhand at any time to do more, pull 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 fearful expectations and the avalanche effect in the market.

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

Then 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, 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 emotional killing, there was a short-term recovery and promotion.

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

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

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

There is also the news of the arrival of the triple Rashomon of the Barry Gold Mining Company in the town of Bald Eagle.

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

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

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

Announced in Overlay Barry Gold Mining Corporation.

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 mined 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 soared, and the reserves skyrocketed.

The 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.

A large number of waste mines in the past have been turned into useful gold mines, expanding the overall reserves of gold.

The entire market will become a feast for some people.

...

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