Chapter 73 All crows are black
As international gold prices continued to rise, Liu Xiaoli stared at the upward curve on the screen, her heart filled with excitement.

Just as the boy said, the rise in international gold prices shows no signs of stopping.

She hesitated for a moment, then increased her margin to the maximum multiple and added some investment. After that, she began to feel uneasy.

With a higher leverage ratio, the corresponding risk is greater. If the price of gold drops even slightly, her margin could be wiped out instantly. Not only that, but she might also end up in debt and default on her contract.

This kind of thing is all about the thrill; it's not much different from gambling. People with poor mental resilience should stay away from it.

Just like Liu Xiaoli didn't let her daughter touch it, it can be addictive, gambling is exciting and pleasurable.

In the following days, Bear Stearns publicly acknowledged its liquidity problems, and its stock price plummeted by more than 40% in a single day, essentially a complete collapse.

The Federal Reserve had to provide Bear Stearns with a $300 billion emergency loan through JPMorgan Chase to stabilize confidence.

However, it was to no avail. The market remained panicked, and a large amount of funds continued to flow into gold as a safe haven. The US dollar plummeted, and gold quickly broke through the $1,000 mark, with no sign of stopping its upward trend.

Gold prices broke through 1010 and 1020 for several consecutive days, and gold prices in Asia and other regions also continued to rise.

Domestic gold prices are inherently linked to international prices; it's just that the rules are different.

Soon after, the international gold market closed for the two-day weekend of March 15th and 16th, and prices stopped being updated.

However, there was no news whatsoever about Bear Stearns being acquired by JPMorgan Chase, nor was there any news of an interest rate cut.

This made Liu Xiaoli a little panicked. She couldn't see the price of gold or the news of the US interest rate cut, so she kept flipping through international news, trying to find out when the US would actually cut interest rates.

Qin Xuan did not say when the US would cut interest rates; he only said that it would cut interest rates.

If the US cuts interest rates, it will be a signal that the US is trying to rescue the market. At that time, the US dollar will inevitably strengthen, and gold will plummet accordingly. So she needs to find an opportunity.

There was no news, which made her somewhat anxious, and she wiped the fine beads of sweat from her forehead.

That's how retail investors are; without inside information, they can only guess and operate on a short-term basis, which is why they are easily taken advantage of.

Liu Xiaoli had no choice but to call Qin Xuan.

At this moment, Qin Xuan was discussing the filming of "The Nameless" with Rao Xiaozhi.

"President Xuan, this script is very down-to-earth. It doesn't have grand narratives, only the hardships of ordinary people. I..."

Just as Rao Xiaozhi was speaking, Qin Xuan's phone suddenly rang. He reached out to stop him and picked up the phone to take a look.

"Hello, Auntie." Qin Xuan answered the phone, got up and went outside to take the call.

Rao Xiaozhi was left alone to continue looking at the notebook in his hand, which suited him very well.

"Xiao Xuan, when did you mention Bear Stearns being acquired and the US interest rate cut? I haven't seen any news about it at all," Liu Xiaoli said anxiously.

"The news of Bear Stearns' acquisition will be released early tomorrow morning on the 17th. Then the US will announce an interest rate cut in the early morning of the 18th. Media reports won't be so quick. This gap is for institutions to run away. When you see that it has been acquired, don't hesitate, just sell immediately."

Qin Xuan didn't mention a timeframe beforehand, intending for her to sell at the peak; he was very bold.

The US is also cunning; in the morning, Bear Stearns and JPMorgan Chase jointly announced the rate cut, and then in the evening, they urgently announced the rate cut.

This is just ripping people off; all crows are black.

"Tomorrow? Today, perhaps!" Liu Xiaoli asked, puzzled.

"Today? Today is only the 16th." Qin Xuan was puzzled. Had he remembered the date wrong?

She glanced at her phone; it was indeed the 16th. "Have you forgotten, kid? There's a time difference between the US and China. It's already the 17th there, and it'll be morning in a few hours," Liu Xiaoli said.

"Oh yes!"

Qin Xuan slapped his forehead, realizing he had forgotten about this.

The main issue was that he hadn't really paid attention to whether it was US time or domestic time. In his previous life, he had only seen this news in newspapers or online, and it didn't indicate the time.

Domestic news outlets typically report international news, but rarely report the times of other countries.

"It's okay, didn't you say you had a day? There's enough time." Liu Xiaoli didn't blame her.

"Please pay attention to the news, especially the New York Times. They are the fastest to report and will be the first to do so. I expect it to be early morning on the 17th, US time," Qin Xuan emphasized.

Other reports were delayed, appearing a day or several days later, by which time gold prices had already collapsed.

The United States never gives others time to react. Just like on October 22, 25 years later, they suddenly do this to you, leaving you in a rush, scrambling and stumbling.

"Okay, I understand. You can go ahead with your work." Once Liu Xiaoli had confirmed the news, she hung up.

She then called her ex-husband in New York and asked him to keep a close eye on things, as they were still in love despite the divorce.

Qin Xuan hung up the phone and thought for a moment. He almost got the time wrong. What a mistake!
He then returned to his office, where Rao Xiaozhi was still reading the script. This man was still quite young, around 28 years old.

"Director Rao, what do you mean?" Qin Xuan asked.

"President Xuan, what I want to say is that your script is exceptionally well-written. It's astonishing that someone without formal training could produce such a good script, making us all feel ashamed," Rao Xiaozhi said, looking up.

"You flatter me. I just have a bit of literary talent. Director Rao is probably from Guizhou, right?" Qin Xuan asked.

It was quite nice to be praised, after all, he was a famous director in his previous life and a top student from the Central Academy of Drama.

However, these big directors and top students are now just his subordinates.

“Yes, I was born and raised there.” Rao Xiaozhi nodded.

"Here's the thing," Qin Xuan instructed. "I want this film to be set in a small town in the southwest, full of life and local customs. You take the script, Li Miao, and Liu Yin to scout locations there, confirm the filming locations, and coordinate with the local cultural and tourism departments and art colleges. We need their support and cooperation."

It's important to have the cooperation of the local cultural and tourism departments and to communicate with the street offices, otherwise it will be difficult to get started; the art academy will need extras or similar roles when needed.

"Understood, I'll pack up and go in the next couple of days." Rao Xiaozhi didn't expect it to be so soon.

However, this is what he needs, since he doesn't have much to do or resources right now.

As for the actors, Qin Xuan has already made the invitations, and the four remaining are Zhang Yu, Wang Yanhui, Ren Suxi, and Tan Zhuo.

Ren Suxi has already graduated, and she performs in stage plays every day; her acting skills are up to par.

Pan Binlong remains unchanged. He's over thirty, old enough to be considered. He's probably still learning from Feng Gong and is currently in a period of relative obscurity. We'll see if he acts or not, but few people can resist the allure of movies.

Moreover, Qin Xuan has now gained some fame.

As for the other role played by Chen Jianbin, it remains to be seen whether Zhang Yi or Fan Wei will get it. I think it's a bit uncertain for Zhang Yi, since I don't know if he's currently an artist under Huayi Brothers.

I guess they've already accepted the role in "My Chief and My Regiment." Anyway, they've been invited, so they can choose for themselves, since this is the lead role.

After arranging this matter, Qin Xuan arranged to meet with Old Wang.

(End of this chapter)

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