In the entertainment industry, everyone has been reborn, but who will be their servant?

Chapter 68 Because of Trust
Qin Xuan placed two newspapers on the coffee table; he couldn't possibly miss out on such a huge opportunity as the financial crisis.

If he missed it, it would take many years to encounter such an opportunity again, which is also part of his wealth accumulation.

Filming is taking too long. It's been more than half a year, from August to February, and he's still penniless.

Life without money is very difficult. He lacks confidence in his speech and is hesitant in his actions. If he had money, he would ask Old Wang for support.
Seeing how serious and earnest he was, Liu Xiaoli couldn't help but remind him:
"This can't be predicted by just reading a couple of newspapers. The US has already cut interest rates five times to save the market. How could there be another rate cut in such a short time? It doesn't make sense."

She waved her hand, not quite believing what Qin Xuan said.

If you could predict financial trends just by reading two newspapers, then anyone could make money.

"What if Bear Stearns were to go bankrupt and be acquired by JPMorgan Chase?" Qin Xuan asked.

"What?" Liu Xiaoli asked in surprise.

"When the US knows that Bear Stearns is about to collapse, it will ask JPMorgan Chase to acquire it. To stabilize the financial system, the US will also announce an interest rate cut. Global investors will panic, and funds will flow into gold and energy. I suggest you buy gold."

Qin Xuan explained a series of factors clearly, except that energy prices hadn't risen as sharply as gold prices.

Bear Stearns is a Fortune 500 financial services company and the fifth largest investment bank on Wall Street.

These words stunned Liu Xiaoli. "Did you install a listening device in the White House?"
Liu Yifei didn't quite understand, but what he said seemed plausible, since it had a cause and effect.

"Auntie, trust me, when it comes to buying gold futures, I'll say it again: if you lose money, it's on me. I'll make up for whatever you lose." Qin Xuan went to great lengths to get Liu Xiaoli to do something big, and he directly told her the answer.

If we don't let them make some money, how can they be expected to work wholeheartedly with us in the future?

Moreover, Liu Xiaoli has good morals and is not afraid of absconding with investors' money. The financial industry is dirtier than the entertainment industry, and there are many who abscond with investors' money.

You might even find yourself wondering where your money went, it just vanishes without you even realizing it.

“In that case, I’ll listen to you and buy some gold. I’ll share the profits with you, and you don’t have to make up for the losses. Let’s consider it a partnership!” Liu Xiaoli decided to gamble with him this time.

Anyway, if the movie I invested in makes money, and it loses money, it's like giving it all back to him. It's just that the risk is too great.

Gold futures are the riskiest option. At least when buying physical gold, you have something to lose, but with futures, you can lose all your margin. However, the potential returns are also the highest.

Qin Xuan asked, "Are you buying international gold or domestic gold?"

"Either is fine. I have internet access and an account. What suggestions do you have?" Liu Xiaoli asked in return.

She trades a little bit of everything, not just gold or stocks.

"Buy international gold on February 22nd, and domestic gold on the 25th. Both are at their lowest points, and there won't be any fluctuations; instead, the price will rise steadily," Qin Xuan gave the answer directly.

The price of gold is also very low now, around $910, and it will be $950 by the 22nd.

But now it's a volatile situation. For example, if you buy 100 yuan worth of shares and it drops to 80 yuan, even if it goes up, based on the return on your principal of 80 yuan, you might only make a few yuan.

Then it fluctuates all the way. Although it seems like gold is rising, your money is actually decreasing. You need to monitor the operation like you would at a job.

Furthermore, gold is not suitable for bottom-fishing, so it's important to choose the optimal time.

Liu Xiaoli smacked her lips, speechless. If what he said was true, then he was practically a god.

Why is gold rising? When will it break out of the consolidation zone and continue its upward trend? The timing has been given to her.

It's just like taking the college entrance exam; they give you the answers to the 985 university entrance exam, and you just have to fill them in.

"You can buy more. This is a one-time opportunity; gold won't have this kind of market again," Qin Xuan reminded her again when she didn't speak.

"Have some fruit." Liu Yifei handed him a slice of orange.

This was also to tell him to hold his tongue and let his mother calm down and think it over before speaking. Qin Xuan took over and, feeling quite enthusiastic, began to speak.

After all, this is the general trend of the times, an unstoppable torrent; it would be a real pity not to seize it.

“Okay, let’s do it on the 22nd. I’ll do as you say and buy international gold futures.” Liu Xiaoli made her decision.

They spoke with such conviction, telling her everything, so she had no reason not to take the gamble.

I buy international gold because there are too many restrictions in China. There are limitations on delivery rights, delivery time, and the amount of position I can hold, so I can't do whatever I want.

International gold futures are relatively more flexible.

Qin Xuan was relieved. As long as it was successful, they could continue their cooperation.

"I'm curious, since you know so much and predicted everything, why did you come to me? Wouldn't it have been better to borrow some money from someone else and find a more professional person to handle it for you?" Liu Xiaoli asked, puzzled.

"I approached you because I trust you. When you first invested in my film, you didn't even ask why," Qin Xuan said.

Liu Xiaoli covered her mouth and smiled with relief.

Indeed, when she first invested in this boy's movie, she didn't know he was going to make three movies, and she didn't even know what they were about before she invested.

At that time, she felt that the investment was too small.

"Last time you advised me not to invest too much, why are you advising me to invest more this time?" she asked again.

“Last time I wasn’t sure the movie would make money. The process from filming to release is too long and there are too many uncertainties. If I can’t handle any part of it, your money will be wasted. To ensure that everyone’s investment is within their means, I set a maximum limit of 50,000.”

Listening to his explanation, Liu Xiaoli nodded silently.

Looking back now, if none of the three films had been released, their investment would have been wasted. They didn't want anyone to lose too much; their intentions were good.

Liu Yifei had just learned what was going on, and she looked at him with clear eyes.

“But this time is different. This is the general trend of the times. You and I are just small fry and can’t change anything,” Qin Xuan said again.

Their money is thrown in, but it doesn't even make a splash; history just goes on as it always has.

Actually, he had considered borrowing some money from his uncle and aunt, and also helping Liu Xiaoli to earn some extra money.

First, his uncle and aunt didn't have much spare money; second, they knew he would be terribly worried if he gambled it away, and they would nag him to be more careful.

"So you're absolutely certain that the upcoming financial crisis will unfold as you predicted? You're that confident?" Liu Xiaoli stared at him.

"Yes, I'm sure," Qin Xuan affirmed.

Liu Xiaoli nodded silently again, saying nothing more. Whether the prediction was accurate or not, they would know after buying this time.

They then talked about the financial crisis, but Qin Xuan didn't say much this time.

If he talks too much, people will think he's a god.

Time passed quietly, and Liu Xiaoli said, "Since you're here, stay for a meal."

"That's too much trouble!" Qin Xuan declined.

"It's no trouble at all, just heat up the food. My daughter and I cooked a lot of food for the New Year and we can't finish it all. Since you're here, you can help us digest it." Liu Xiaoli said in a joking tone.

(End of this chapter)