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Chapter 626 633 Linwood Asset Management Company is finished!

Lin Haocang quickly opened the trend chart of spot gold!

At this moment, spot gold seems to have gained a rocket-like impetus!

Crazy up!

In just 5 minutes, spot gold rose by 100 points!

From the 1218.0 position to the 1228.0 position!

In the 5-minute trend chart, it is a super big Yang line!

It means that the bulls in the market have crushed the shorts!
The floating profit in Lin Haocang's account suddenly surged, and the floating profit has reached 280 points, with a total floating profit of 22.4 billion US dollars!

The net value of the account is as high as 132.4 billion US dollars!
"Damn it, this surge is just the beginning!"

"I don't know how much it will rise today!"

"The 100-point rise this time is just the beginning!"

"I don't know how many short positions will be liquidated because of this, which will lead to a further surge in spot gold!"

Originally, the Greek debt crisis had just subsided, but today it suddenly broke out that Hungary may follow in Greece's footsteps. This is really a heavy news that is good for spot gold!

At this moment, the currency against the euro has plummeted in an all-round way!

U.S. dollar and gold all rise!
Usually the trend of the US dollar is opposite to that of spot gold, but when there is risk aversion, the US dollar and gold will rise together!
The safe-haven currencies in the world include the Japanese yen, the US dollar index, and the Swiss franc.

Yen-based currency pairs, such as USD/JPY, GBP/JPY, EUR/JPY...CAD/JPY plummeted in an all-round way!

···
At this moment, at the Jiangdao branch of Gaosheng Bank, Li Zetai's eyes widened, seeing the skyrocketing price of spot gold, he was extremely excited!

At that moment just now, there was an extra 10 billion dollars in profit in his account!

Now his account has a floating profit of 140 pips, a total floating profit of 14 billion US dollars!

"Cool!"

Originally, he thought that after the spot gold rushed to the 1218.0 position, it would encounter resistance and then fall back. Unexpectedly, the spot gold went up 100 points directly!

At this time, he saw the news from Hungary, and his heart suddenly blossomed!

"What a surprise!"

"Haha, Greece's debt crisis, and now Hungary is also having a debt crisis, haha!"

"It's cool, it's cool!"

This time the spot gold does not know how many points it will rise. He feels that the sudden 100 points surge this afternoon is just the beginning!
And he happened to increase his position and bought 10 lots of spot gold at around 50:[-] this morning!

A few hours before the Hungarian incident came out!
Li Zetai felt that he was so wise, so decisive, so lucky!

Even God is on my side!
The last time I made a big profit of 24 billion U.S. dollars, this time I must make at least 30 billion U.S. dollars!

Thinking of this, Li Zetai is very proud, this year is his best performance yet!

The best trader is none other than yourself!

I can go on vacation all over the world in the second half of this year!

And relying on this record, in the future, I can also switch jobs to those large asset management companies, manage tens of billions of dollars in assets, or open a hedge fund by myself!

To be honest, he has been in Gaosheng Bank for 15 years, and he is a little tired.

Most of the money earned was handed over to Gaosheng Bank, and I only got a small commission!
The highest commission is only 8%, usually 5%!

But it’s different if you open your own hedge fund. The profit commission of the hedge fund industry is at least 20%!
For example, the last time Gaosheng Bank earned 24 billion US dollars, but the commission he got was only 1.2 million US dollars!

But if he opened a hedge fund and made $20 billion, he could get a bonus of $4 million!
Not at the same level at all!

····
At this moment, in Greenwood Asset Management Company, many traders looked at the super big Yang line in the 5-minute chart, and they were simply out of their wits!

"How is this possible??" A trader looked at this scene dumbfounded, wondering why the spot gold suddenly soared by 100 points!
It's incredible!
"What the hell, why did it suddenly skyrocket by so many points? Wasn't it fine during the Asian session this morning?" Another trader looked at the computer screen in disbelief.

He always thought that there was a strong resistance above the 1218.0 position, and it was impossible for spot gold to break through the 1220.0 position, but he never expected that the spot gold broke through the 1220.0 position just now!

"What's going on? Why did the spot gold suddenly soar by 1218.0 points when it hit the 100 position?" Another trader looked at the computer screen in panic, not knowing what happened!
At this time, a trader saw the news from Hungary, and his hair stood on end!

"An accident happened in Hungary, and we are going to follow in the footsteps of Greece!"

"My God!"

"No wonder the euro has plummeted!"

"The U.S. dollar and gold are all up!"

"God, this is going to kill us!"

···
And their president Huang Chengkang is still fast asleep!
A trader quickly woke up Huang Chengkang!

"President, it's not good, President, it's not good!"

"What's going on?" Huang Chengkang quickly opened his eyes, his face full of sleepiness!
At this time, he looked at the computer screen, and the spot gold skyrocketed by 100 points!

He only slept for a few short hours, but he didn't expect that the spot gold rose to 1228.0!
God!

There is a floating profit of 240 pips in their account, and a total floating loss of 24 billion U.S. dollars. There is still 1 million U.S. dollars of usable funds left in the account, and they will soon be liquidated!

Huang Chengkang's back suddenly burst into cold sweat, and his whole body was frightened out of his wits!
A trader hurriedly said: "President, just now there was a debt crisis in Hungary, which caused panic in the financial market!"

Huang Chengkang quickly turned on the news and looked at it. His heart was filled with despair, and his eyes were full of fear!
"God kill me!"

···
At this time, spot gold rose another 10 points, from 1228.0 to 1229.0!

Their account was liquidated at this moment!

"Do not!!!!"

"Do not!!!"

···
Spot gold has started a new round of skyrocketing because of the liquidation of Greenwood Asset Management Company!

Because spot gold rose too fast, when the risk control department of the bank forced them to close their positions, it was very slow!

Half an hour later, spot gold still rose by 120 points!

From the 1229.0 position to the 1241.0 position!

For the short position of 100 million lots of spot gold in the account of Linwood Asset Management Company, the average opening position is 1204.0, a fluctuation of one point is a profit and loss of 1000 million US dollars, and the closing position is 1236.0, a total loss of 320 points, a loss of 32 One hundred million U.S. dollars!
There is still $3 million left in the account!
Because of the liquidation, the spot gold skyrocketed, and they lost an extra $7 million!
Lynwood Asset Management is completely screwed!

Huang Chengkang asked everyone to leave the trading room, and sat on the stool by himself, looking at the ceiling lifelessly!
(End of this chapter)