Chapter 439: Golden Disaster
No matter how they thought about it, they couldn't understand why Chen Yan had the foresight to know that gold would rise sharply.
But...facts speak louder than words.
At least, Chen Yan made the right bet.
But their ridicule at the beginning has now turned into tears of regret!
If they could also follow Chen Yan to buy gold futures, they would be the ones making a lot of money now!
However, there are some financial institutions that do not want to admit failure now.
After all, it's one thing to say, and it's not like the United States has never made a promise and then retracted it.
After all, this was just a routine press conference, not an effective announcement.
What's more, it's not like the United States has never swallowed its own vomit.
Therefore, some small financial institutions want to take a gamble.
Since it is too late to buy more, why not just bet on the short side?
They didn't gamble without thinking. . . but they had good reasons.
After all, people all over the world are now starting to buy gold because of the news from the United States.
But don't forget that the United States only mentioned the possibility of a rate cut at a press conference.
So, if the subsequent interest rate cuts are lower than expected, or even if there is no interest rate cut at all, gold will definitely fall sharply.
And there is a high probability that the decline will fall below the current curve.
Therefore, at this moment, financial institutions throughout Hong Kong City have begun to take their own positions and prepare to deal with this gold fluctuation.
As the world's most well-known and omnipresent Hong Kong media, they certainly cannot miss out on such a big fluctuation in the financial circle.
At first, they just heard the news that gold was going to rise sharply, so they wanted to interview people in the financial circle to find out more and complete the task.
Who would have known that he would accidentally learn about Chen Yan, a genius who had planned out the gold a month in advance.
However, financial institutions across Hong Kong did not predict the interest rate cut by the United States this time.
So, all of a sudden, they came over like wild dogs that smelled blood, and began to dig deep into the news about Chen Yan and the Hong Kong city's financial circle.
At this time... Chen Yan didn't know yet that the system's prompt had come true.
He is still in Qin Island, trying to figure out how to deal with Lu Man.
Previously, Lu Man discovered Yu Qiaoqiao's "Queen Qiaoqiao" and became jealous, so he wanted an equal easter egg.
Now, their "deeds" were discovered by Yu Qiaoqiao, and Chen Yan couldn't fulfill his promise to Lu Man. So of course he had to find a way to get over this matter.
But, to be honest.
Lu Man's request was not excessive. Chen Yan also promised to give her an Easter egg.
It’s impossible to realize it now, it’s really hard to make it happen.
So, Chen Yan thought about it for a long time, until his scalp was about to break, but he still couldn't figure out how to solve this problem.
So, he was in a depressed mood and too lazy to deal with official business. He planned to go to Yu Qiaoqiao's school first.
However, this time he was not going to see Yu Qiaoqiao, but to see his third girlfriend: Zhao Ying.
Ever since Chen Yan gave Zhao Ying tens of thousands of dollars to invest in her newspaper, Zhao Ying's career path has begun.
Therefore, Chen Yan planned to go for an inspection, and then proceed to advance Zhao Ying's career path and find a way to earn some cash back.
Thinking of this, Chen Yan called Zhao Ying. After receiving her reply that she was currently working at a "newspaper", Chen Yan went to Qindao University.
Arriving at Qindao University, Chen Yan went to the teaching building and the venue of the "Gossip Club" as if he was familiar with it.
Now this gossip club has really become a "gossip club".
When Chen Yan arrived, he found that the girls were working together to compile all the gossip about the school that week.
Some of them were recording while discussing what title to use to attract people.
As the president of the entire gossip club, Zhao Ying naturally...sat there drinking a drink and admiring the hard work of his members.
Seeing her like that, Chen Yan knocked on the door.
The doors of the classrooms were all made of glass, so Zhao Ying saw Chen Yan as soon as he knocked on the door.
She jumped up from her seat, pushed herself up with her hands, and leaped to the aisle.
Then, she quickly walked to the classroom door and walked out with a smile.
Seeing the president so excited, the busy members couldn't help but look over.
When they saw it was Chen Yan, they all started talking about it.
The first girl: "Hey. Isn't this the handsome guy from last time?"
The second girl said, "Yes, yes. You are here to see the president again."
The third girl asked, "Are you here to collect a debt?"
The other girls looked at the third girl with question marks on their faces.
The third girl blushed as it was the first time she received so much attention.
She stumbled as she explained, "I just feel that if it was my boyfriend, he wouldn't come so often."
"People like this who come only once every few months look like debt collectors."
Other girls: ...
"Why do you know so much?"
The third girl: ...
…
Outside the door, Chen Yan and Zhao Ying were walking out and chatting.
Chen Yan asked, "The gossip club is doing well?"
Zhao Ying nodded happily and said, "Let me tell you. Your idea helped me a lot."
"In the past, although I also liked our club, I always felt it was a bit weird."
"Because our daily activity is watching me box. After I finish boxing, we all chat about gossip together."
"It doesn't feel like a club, it feels like a tea party. And it even has its own guest performers."
"Now that we have our own goals, we all have a sense of unity and everyone is working together, some doing this, some doing that. We are no longer sitting around doing nothing like before."
Chen Yan nodded.
No matter what organization it is, it needs a goal.
Only with a goal can there be cohesion.
As Chen Yan thought about it, he asked, "So what is your main distribution method now? Newspapers?"
Newspaper was the first suggestion Chen Yan made to Zhao Ying.
It’s not that it’s so good, but Chen Yan feels that this is the method that is closest to the media and the most testable.
As a result, what Chen Yan didn't expect was that after hearing what Chen Yan said, Zhao Ying smiled and shook her head, "No!"
She gave Chen Yan a quizzical look and said, "Your method is too old-fashioned."
"Which young person still reads newspapers nowadays?"
She explained, “We built our own public account and set up a website.”
"We post all the gossip we collect every day on our official account."
"Every week, we will summarize the key news of the week and publish a summary."
"We also left a link to our website in the official account."
“It allows everyone to expose information or chat on the website.”
"Now, our official account has more than 3,000 followers."
"There are also hundreds of people browsing and chatting on the website every day."
At this point, Zhao Ying glanced at Chen Yan, then patted Chen Yan on the shoulder and said, "But don't be too sad."
"Although, we didn't use the newspaper method you mentioned. But... we also borrowed some of your ideas."
Chen Yan asked curiously, "Borrowed some of my ideas? What does that mean?"
Zhao Ying, "Although we didn't distribute newspapers, we did distribute posters!"
"It is with the money you gave us to make the posters that our gossip club is able to succeed!"
Chen Yan: …
For some reason, Chen Yan always felt insulted.
Are posters and newspapers the same thing?
This is really not a joke!
But that being said, Zhao Ying did not publish a newspaper, but just started her own media, which opened up her career path, which was a good thing for Chen Yan.
After all, this means that Chen Yan does not need to get involved in physical newspapers and magazines. He only needs to acquire some online media to get cash back.
Nowadays, physical newspapers and periodicals are almost losing money, how can they compare to online media?
Chen Yan thought that when he returned, he could choose a good online media and see if he could acquire it and earn four times the cash back!
After all, ever since Zhao Xuan entrusted his son to Chen Yan, Chen Yan has been spending money on Zhao Ying every day. He even helped Zhao Ying negotiate a trillion-level project (Toutiao Technology). It’s time to see some money in return!
Thinking of this, the two came to a store near the school.
It is almost summer and the weather is getting hotter. Zhao Ying bought two bottles of drinks and gave one to Chen Yan.
Chen Yan took it and was about to unscrew the bottle cap for Zhao Ying like a gentleman before taking another bottle.
As a result, before he could show anything, he saw Zhao Ying easily flick the bottle cap with her thumb, and the bottle cap opened with a "pop".
Looking at her nonchalant look, if you didn't know better you would have thought she had torn a piece of paper.
Chen Yan: …
Forget it. Yingge is not an ordinary girl.
While thinking, Chen Yan opened the lid and started drinking.
As they were walking back, Zhao Ying seemed to have remembered something. She looked at Chen Yan curiously and asked, "By the way, have you seen Qiaoqiao recently?"
"She hasn't been attending classes for a while, and she's been leaving home early and coming back late. I don't know what she's been doing."
Because of Lu Man's matter, Chen Yan, feeling guilty, didn't contact Yu Qiaoqiao much these days.
So, when he heard what Zhao Ying said, he was also surprised and asked, "Really? When did it happen?"
Zhao Ying thought for a moment and said, "It should be this week."
After saying that, she looked at Chen Yan strangely and said, "You don't know?"
"I thought she was dating you."
"After all, you haven't been seen for a long time. You haven't even done your morning exercises."
Chen Yan: …
How can it be the same!
I'm just lazy, okay?
However, Chen Yan took note of what Zhao Ying said about Yu Qiaoqiao.
After all, Chen Yan had just had a little conflict with Yu Qiaoqiao because of Lu Man, so he had to keep an eye on Yu Qiaoqiao. Don't lose your wife!
Thinking of this, after chatting with Zhao Ying, Chen Yan called Yu Qiaoqiao.
The voice on the phone was a little quiet.
When Yu Qiaoqiao spoke, there was an echo, as if the place she was in was very empty.
Chen Yan was a little surprised and asked Yu Qiaoqiao.
Yu Qiaoqiao didn't say anything, just said she was busy.
Chen Yan was surprised. After hanging up the phone, he was really curious about what Yu Qiaoqiao was busy with.
So, he simply opened the game and checked Yu Qiaoqiao's status.
As a result, Chen Yan became even more confused after taking a look.
Because... Yu Qiaoqiao's pixel figurine didn't go anywhere and stayed in the company's clay sculpture room.
Then, I was making little clay figures...
What's so mysterious about making a clay figure?
Do you want to give yourself a surprise or a gift?
Chen Yan was a little confused.
But after confirming that Yu Qiaoqiao was in a state of [happy] and [making clay figures...], Chen Yan felt relieved.
He did not continue to investigate what Yu Qiaoqiao was doing.
After feeling at ease, he was still willing to give Boss Qiaoqiao some freedom.
The next two days.
Gold is still rising wildly.
Zhao Ying continued to work on the newspaper.
Yu Qiaoqiao was still secretly making clay figures in the clay sculpture room.
Chen Yan is still struggling between several girls.
Lu Man is not a girl as simple, kind and easy to fool as Yu Qiaoqiao.
After Chen Yan promised her that he would make skins in the game and leave Easter eggs, she would ask Chen Yan about the progress whenever she had nothing to do.
What can Chen Yan do?
He couldn't think of a good solution, so he just put it off. He said he was busy recently and had no time to do it.
Therefore, Lu Man was not very happy. She always felt that Chen Yan was just perfunctory to her.
Chen Yan really had a huge headache.
And just like that, a week passed.
During this week, news from the United States has continued to come in.
From the initial vague mention of interest rate cuts to the gradual release of clear interest rate cut signals, gold also began to soar like a horse that left the dust behind .
In just half a month, gold prices rose by a quarter.
Combined with the leverage that comes with futures, it is like adding a wealth accelerator.
Anyone who bets on the right direction will make a fortune.
Of course, there are also many people who make wrong bets.
In Hong Kong's financial circles, some are celebrating, while others are crying.
It's like a picture of all kinds of human life.
During this period of time, Yang Nuannuan also became extremely excited.
Because she found that she had made the right bet again!
Of course, when she said she bet right, she wasn't talking about gold, but Chen Yan.
She found that as long as she followed Chen Yan, she would succeed.
She counted Chen Yan's achievements in detail. Ever since she met Chen Yan, it seemed that Chen Yan had been constantly successful, successful, and successful!
And all those who followed Chen Yan also achieved success.
The last time she invested 30 million, Yang Nuannuan was still hesitant.
But now, after these two victories, Yang Nuannuan realized: Why bother playing the drums! Just follow them mindlessly.
Is there anything easier than following Chen Yan and making money?
Yang Nuannuan felt that it was gone.
After all, including the ambush period, a total of one month, her funds have now increased fivefold, from 5 million to 25 million. It is still rising.
Such a huge fortune would take her mother five or six years to earn!
But for her, she got the money just by following Chen Yan in futures trading for a month.
Is there anything easier in this world?
In addition to admiring her own vision, Yang Nuannuan couldn't help but think about Chen Yan's current income.
He took out five million to trade futures.
Chen Yan should have taken out at least 50 million or even 100 million to play with, right?
Yang Nuannuan counted on her fingers.
If it is 50 million, that means he has earned 200 million.
If it is one hundred million, that means he earned four hundred million!
It's only a month...
Four hundred million!
When this number came out, Yang Nuannuan felt it was a little hard to imagine.
For a gifted person like Chen Yan, is it really that easy ?
Over the next two days, gold prices remained stable and no longer surged, but they still rose in waves.
It's just that there are a few small downward trends occasionally, but they quickly pick up again and don't attract anyone's attention.
Yang Nuannuan has also been paying attention to the trend of gold futures.
Her total capital also increased from 5 million to 30 million.
The increase was so high that she was even a little scared. She wanted to sell out and run away at any time.
And just when Yang Nuannuan was worried every day.
Finally, that day, she received a message from Chen Yan.
[They have been sold in the past few days. You can adjust the price as you see fit. ]
Seeing the news that Chen Yanrang had taken action, Yang Nuannuan breathed a sigh of relief and started to take action.
Tens of millions of funds are just a drop in the ocean in the huge futures market.
Apart from making the curve bend slightly for a moment, there is almost no change.
Yang Nuannuan took two days to sell all the futures.
However, on the third day , gold futures continued to soar.
On the fourth day, it’s still rising!
It seemed as if there was no end.
Looking at the curve, even though she had already earned a lot of money, Yang Nuannuan still had the urge to rush in and continue to gamble.
Fortunately, her trust in Chen Yan prevented her from taking action.
And the fact did save her life.
On the fifth day, the United States announced a rate cut, but the rate was very, very small, and it was almost impossible to tell that it was a rate cut.
Although this still means that international finance is about to enter a cycle of quantitative easing, this interest rate cut, which is far less than expected, still caused a sharp drop in the entire gold futures market.
Gold futures fell by one-tenth at that time.
Then it started to fall again.
Soon, it fell to the price of a week ago.
However, some people may still be optimistic about gold, so gold futures rose again by 6% immediately afterwards.
However, after all, the interest rate cut was far below expectations, so the bulls did not hold on for long and were soon wiped out.
The bears began to dominate the situation, and the price fell all the way to the original level, and even fell further.
Therefore, under the manipulation of the United States, the gold futures market went up and down for half a month, with longs and shorts pulling each other. As a result... everyone was blown up.
You should know that foreign exchange comes with ten times leverage.
This means that a 10% fluctuation will result in a 100% loss or profit.
As a result, the gold futures market was subject to such huge fluctuations that, except for some people with lower leverage ratios, almost everyone else had their positions liquidated.
This is simply eating up the longs and eating up the shorts. Financial institutions around the world are being harvested like leeks.
As a result, many people angrily accused U.S. lawmakers of suspected manipulation of the futures market.
However, the members of the United States Congress did not make any response to this matter.
And just when the whole world was in mourning.
