Rebirth 1980: Marrying my sister’s best friend at the beginning
Chapter 1109: Long Gold!
In the reception room, Daniel frowned instantly when he heard that Li Yi's next investment target was gold.
"Li, do you want to short gold?" Daniel asked in a deep voice.
The reason I ask this question is mainly because the price of gold has been falling since the gold price plummeted in 81 and has now dropped to 200 pounds (290 US dollars) per ounce.
According to the prediction of experts from Envelope Bank, the price of gold may eventually drop to 186 pounds per ounce this year, so if Li Yi wants to invest in gold, the only possibility is to short it.
However, Li Yi's answer made Daniel frown even tighter. He shook his head and said, "No, it's long!"
"Long?"
Then Daniel looked at Li Yi and said, "Li, you know, the international gold price has been falling for 13 consecutive months, and the possibility of a rebound is very small. Going long is really not a good idea!"
Li Yi said calmly: "Daniel, what you just said should be analyzed by the elites of your bank!"
"Yes, is there something wrong?" Daniel said.
"Haha, I can't say it's wrong, I can only say it's a bit outrageous!"
Then Li Yi said hurriedly: "Everything in the world is in motion. There is no unchanging thing, and investment is even more so. In our Chinese words, plans never change much. There are too many factors that affect the rise and fall of gold prices. You can never rely on experience to arbitrarily assume that gold prices will not rise, or will not fall!"
"Li, what you said makes sense, but judging from the current situation, the probability of gold prices rising is indeed low!" said Daniel.
"Daniel, I am optimistic about the gold price this year, so my next investment direction will definitely be to hoard gold."
Then Li Yi changed the subject and said again: "But you also know that gold is a special commodity. Futures are easy to handle, but if it involves physical gold, it is really difficult to cash it out, so I need your help."
One of the important businesses of HSBC Bank is gold refining and trading. They are also one of the top five giants in the London gold market and have the right to set prices for gold, making them the most famous gold supplier in the whole of Europe.
It was precisely because of the consideration of subsequent investment that when Daniel came to him, Li Yi did not reject him like he rejected those people from the Labor Party.
Daniel thought for a moment, then said: "Li, although I don't know why you think the price of gold will rise, I still want to advise you that now is definitely not a good time to invest in gold. You should..."
Before he finished speaking, Li Yi raised his hand to interrupt him, then looked at Sandy and said, "Do you think so too?"
Sandy was stunned at first, then shook his head and said, "No, I believe in your vision. No matter what you invest in next, our George family will participate!"
Afterwards, Li Yi looked at Daniel with a smile, and his meaning was clear.
Daniel was also stunned by Sandy's words. He found it hard to believe that these words came from the mouth of a business genius like Sandy.
"Sandy, don't you need to think about it again? You have to believe the analysis of our bank professionals. The price of gold will definitely not rise sharply in the short term. On the contrary, it is very likely to fall."
Just when Daniel was trying to persuade him, Sandy said directly: "Uncle Daniel, I believe in the professional ability and vision of those people in your bank, but I believe in Li more."
"Because up to now, Li has never made a wrong judgment, not only in Europe, but also in Asia and America. He has never failed in his investments. Just based on this point, our George family will follow him with all our strength."
Daniel wanted to say something, but Sandy said again: "Uncle Daniel, I advise you to trust Li. Don't forget that you lost a lot of money this time. Isn't this lesson enough?"
Hearing this, Daniel fell silent for a moment.
This time when Li Yi invested in a Conservative Party company, he also agreed to take them with him. For this purpose, the George family took out all the funds they could raise, raising a total of 5 million pounds.
Although HSBC Bank also put out 5 million pounds, it does not mean that their limit is also 5 million pounds. In fact, they can at least put out 30 billion pounds.
However, since it was the first time to cooperate with Li Yi, Daniel and other shareholders of Xinfeng Bank did not dare to take too much risk, so they only took out 5 million.
When the entire investment plan was completed, Daniel and other bank shareholders would be filled with regret. If they had invested more money at the beginning, the returns would obviously be more than 2.5 million.
A lesson from the past.
Thinking about the profitability of Xinfeng Bank in the past two years, Daniel couldn't help but seriously consider Sandy's words.
Yes, this young man has an extraordinary investment vision. Whether in London or New York, he has created incredible miracles.
Considering that he seemed to possess a mysterious oriental power, perhaps I should trust him instead of those idiots under his command who had messed up the company's business.
Thinking of this, Daniel immediately said, "Lee, Sandy is right. I should trust you. Just tell me how we can cooperate."
Li Yi smiled slightly and said immediately: "It's very simple. I will allocate a sum of money to you, and then you can buy a large amount of gold in the market in the name of your company!"
"What are the price and quantity requirements?" Daniel asked. "The price must be kept below 200 pounds per ounce, and there is no upper limit on the quantity. We'll take as many as you want!" Li Yi said.
"Are you sure you want as much as you want?"
"Sure, I can ask the finance department to allocate 150 billion pounds to you first, and then allocate more if it's not enough!" Li Yi said.
Hearing this, Daniel was completely stunned.
This is 150 billion pounds. If calculated based on the current gold price, without considering the price increase of gold, it is enough to purchase 2000 tons of gold.
2000 tons, what does that mean!
Let’s put it this way, most countries don’t have that much gold reserves.
As for the company, it goes without saying that their HSBC Bank is known as one of the top five gold giants in Europe, but its gold reserves are only about 15 tons.
"Li, do you really want to invest 150 billion pounds in gold?" Daniel confirmed again.
"It's not 150 billion, but 300 billion!" Li Yi said shockingly.
"hiss!"
Hearing this, Daniel and Sandy couldn't help but gasp.
"Li, you want to buy up gold on a large scale and then reduce the supply, thereby pushing up the price of gold?"
Without waiting for Li Yi to answer, Daniel said again: "If that's the case, then 300 billion pounds may not be enough, unless there is cooperation from national forces."
Suddenly Daniel thought of the power behind Li Yi, and he seemed to understand where Li Yi's confidence came from.
"Daniel, I will handle the matter of pushing up the gold price. What you have to do is to quickly sell the gold through your own channels after the gold price reaches my psychological expectation!" Li Yi said.
"Okay, we will fully cooperate!"
"Daniel, I need to know what is your company's maximum shipment volume?" Li Yi asked again.
“About 1000 tons per year!”
Li Yi frowned and said immediately: "It's too little. Is there any way to sell 2000 tons of gold within half a month?"
"2000 tons in half a month, how is that possible?" Daniel said with his eyes wide open, a look of disbelief on his face.
Hearing this, Li Yi's brows frowned instantly.
He knew that this was indeed difficult, but there was no other way. The recent surge in gold prices was an accident, and it would only last at a high level for about half a month before it would take a sharp turn downward and plummet all the way.
Therefore, if they invest in physical gold on a large scale, they can only sell all the gold within half a month.
"Is there really no way?" Li Yi said.
"It's not impossible, unless the global gold supply decreases and the demand grows rapidly, and other gold supply giants don't have much gold reserves!" said Daniel.
Hearing this, Li Yi's eyes suddenly lit up, and he immediately said: "If I can solve the problem of reduced gold supply and rapid growth in demand, and make other gold suppliers dare not sell gold easily, can your Xinfeng Bank sell 2000 tons of brilliant gold in a short period of time?"
"it should be OK!"
"Daniel, I need a definite answer!" Li Yi said.
“I can definitely do it!”
"Okay, then it's settled!"
Then Li Yi said again: "Didn't you say there was one more thing? What is it? Can you tell me now?"
Daniel looked at Sandy, then came to Li Yi's ear and whispered.
When Li Yi heard Daniel's words, the expression on his face suddenly changed.
(End of this chapter)
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