Hong Kong Movie: Traveling through Hung Hing, you want me to do good deeds?

Song Zihao frowned and said, "Brother Dong, someone wants to mess with us."

To raise the price of gold so sharply and so high, even if everyone is optimistic about gold, it would require at least 80 billion US dollars to achieve this.

It is impossible for ordinary retail investors to do this; only financial tycoons can do it.

It was obvious that someone wanted to snipe them.

Shen Dong took a sip of coffee and said with a smile, "They've taken the bait. Let them work on it. When the price reaches above $930, we will make a move and raise the short selling price to above $."

In the past two days, Shen Dong purchased gold futures contracts worth 20 billion US dollars from Merrill Lynch.

But this time, Merrill Lynch only agreed to give Shen Dong five times the leverage.

The reason is that Shen Dong's gamble is too risky and Merrill Lynch is unwilling to take such a big risk.

Shen Dong had no choice but to deposit 4 billion US dollars as a deposit into his account.

Fortunately, he just got 700 million US dollars from Morris.

Otherwise, there will be problems with the transfer of 4 billion US dollars.

At exactly eleven o'clock, the price of gold broke through the three major barriers of US$900, US$910 and US$920, and rushed straight towards US$930.

Things have developed to this point, even a novice knows that someone is going long on gold and sniping the big short last Friday.

VIP Room No.8

Ronald has been following the gold price war.

For two consecutive hours, Shen Dong did not move, but the other side's long operations were frequent, investing at least 120 billion US dollars.

Even if the leverage is 20 times, it would still cost 6 billion US dollars.

What exactly does that young man from Hong Kong named Shen Dong want to do?

Why didn't you make a move?

William had the same doubts as Ronald.

Since most of the funds come from Wall Street investment banks, William came to New York yesterday.

At this time, he was in VIP room No. 3, less than twenty meters away from Shen Dong.

"George, do you feel something is wrong?" William asked.

George also looked puzzled and said, "Something is indeed wrong. Why hasn't the young man from Hong Kong Island made any move yet? Is he out of money?"

William thought for a moment and said, "It shouldn't be possible. He won a lot of money in the stock market, and he should have at least 10 billion US dollars in his hands."

I have to say that William and his gang are indeed very powerful and they had already found out Shen Dong's identity a long time ago.

But they didn’t know how much money Shen Dong made from the stock market crash, nor did they know how much money he still had.

George said: "We have successfully persuaded retail investors to follow suit, and many institutions also want to take advantage of this opportunity. Even if Shen Dong has 1 billion US dollars, even if he has 3 billion US dollars, we can still make him go bankrupt."

William nodded and said, "Merrill Lynch should have known that Shen Dong's opponent is us. In order to avoid risks, they will give Shen Dong a maximum of five times the leverage. We should be able to win this round."

Just then, the market moved and fell by $0.5.

William asked, "What's going on?"

Alpha, the head trader, said solemnly, "Someone should have placed more than 60,000 short orders at a price of around $935."

William was not surprised but happy, and said with a smile: "He can't hold on any longer and wants to raise the average price. Alpha, don't worry about it, just eat as much as you can."

Alpha said, “Understood.”

George said: "This Hong Kong Islander is really rich."

William's eyes flashed with greed, and he said, "In the end, everything will be ours."

The more than 60,000 short orders just now were indeed placed by Shen Dong.

He did this to lure the other party into taking his order.

The reason for choosing a short order of 5 billion US dollars is to make the other party feel that they have run out of tricks and can eat them up without any worries.

Apparently, his strategy was successful.

The 5 billion U.S. dollar order was sold out in less than half an hour, and the price not only did not fall, but instead rose by 5 U.S. dollars, only one step away from 940 U.S. dollars.

Song Zihao and George expressed the same sentiment, saying, "These foreigners are really rich."

Shen Dong's eyes flashed, and he said, "If we have twenty times the leverage, we won't be much worse than them."

Song Zihao exclaimed, "Twenty times leverage? They are too bold. If the market crashes, they will probably be finished in an instant."

Shen Dong smiled and said, "They want to eat me, and I want to eat them too. Ah Hao, are all the major economic magazines ready?"

Song Zihao nodded and said, "It's been prepared for a long time. As long as you give the order, they will immediately publish your article on the front page of the newspaper that day."

It turns out that Song Zihao has not been idle these two days.

He spent a large sum of money to bribe several newspapers and asked them to publish the article written by Shen Dong himself about the Federal Reserve's interest rate hike and the plunge in gold prices according to his own notice.

But now is clearly not the right time.

Shen Dong asked: "What is our average price?"

Song Zihao said: "Eight hundred and ninety-four US dollars."

Shen Dong nodded and said, "Ah Hao, if they can raise the gold price to 980 US dollars, we will go all in."

In his previous life, the price of gold definitely did not exceed nine hundred US dollars. He never thought that this time, because his butterfly flapped its wings, the price of gold would rise to nearly one thousand US dollars. This was really beyond Shen Dong's expectations.

Haha, I’m afraid the Federal Reserve must be getting anxious when seeing the gold price rise to this level.

In the afternoon, the price of gold continued to rise, reaching US$962 at the close.

The increase from US$872 per ounce to US$962 per ounce is the first time in nearly a decade that such a large increase has occurred.

Shen Dong's traders were worried and not optimistic about the short selling of gold futures.

But Shen Dong was not worried at all, and there was always a smile on his face.

The current price of gold in his hands is 894 US dollars. If those institutions want to make Shen Dong liquidate his positions, the gold price must break through 1100 US dollars, which is almost impossible.

What's more, he still has short positions worth 15 billion US dollars.

If it is sold at a price of 980 US dollars, the other party will have to push the price to at least 1300 US dollars.

Chapter 381 Interest Rate Hike

In this era, unless North Sudan and the Lighthouse Country go to war, the price of gold will never exceed US$1300.

As soon as he came out of VIP Room No. 1, Shen Dong saw William, the most powerful financial speculator in the West today, walking towards him surrounded by a group of people.

William raised his eyebrows, stopped, looked at Shen Dong, and said, "Mr. Shen, you are younger than I thought."

Shen Dong smiled and said, "I was still wondering who dared to snipe me? It turned out to be Mr. William."

William said: "Mr. Shen, I advise you to cut your losses and leave the market as soon as possible. Otherwise, once the position is liquidated, you may not be able to bear it."

Shen Dong shook his head and said, "Mr. William, first of all, I may not lose. Secondly, even if I lose, it's only 3 billion US dollars. I, Shen Dong, can afford to lose."

Three billion dollars?

It seemed that my guess was correct.

William gave a thumbs up and praised: "That's generous. I hope you can still be so confident after your position goes bankrupt."

Shen Dong laughed and said, "That depends on whether you have that much money."

The two met for the first time and parted on bad terms.

Ronald looked at the scene in front of him, thoughtful.

Ronald knew exactly how powerful William was.

He didn't understand why Shen Dong dared to challenge William?

Could it be that he has a secret that others don't know about that can reverse the current situation?

When the two sides fight, most people would think William will win, but Ronald's intuition tells him that the winner is likely to be Shen Dong.

Tomorrow should be my turn to take action.

The next day, the battle began completely.

As soon as the market went up, William waved his money and led a large group of retail speculators into the gold futures market. The price of gold soared to US$986 before it stabilized.

Shen Dong did not hesitate at all and sold all his short positions at US$985, bringing the average price to US$938.

William was shocked. He didn't expect Shen Dong to have so many gold futures contracts.

But the arrow is on the string and must be fired.

William took over all of Shen Dong’s short positions worth 15 billion US dollars.

At this moment, Soros finally made up his mind to use 985 billion US dollars and five times leverage to short gold at a price of US dollars.

"Who is this?" William's face changed drastically and his brows frowned tightly.

Shen Dong and Soros' 980 billion US dollar short order directly pushed the gold price below US dollars, which caught William off guard.

Five minutes later, George said, "We found out it was Ronald. He wanted to speculate and make money from us."

William snorted and said disdainfully: "If he dares to go against us, I will make him have no chance to return. Eat it."

With futures contracts worth more than 200 billion US dollars, William can do almost whatever he wants in the gold market.

He has decided to make this gold futures battle his last stop before retirement, and he wants to make it so good that it can be included in textbooks.

Shen Dong was also very surprised and said, "Is someone taking advantage of the situation? How brave!"

Song Zihao asked, "Could it be Ronald?"

Merrill Lynch had already handed Ronald's information to Shen Dong.

On Wall Street, there are not many people who have both the strength and courage to do this, and Ronald is one of them.

Shen Dong laughed and said, "I never thought that we would be doing the wedding for others this time."

Song Zihao was completely speechless.

Now they have invested all their money in gold futures. If something goes wrong, all their money will be wiped out.

I really don’t know where Shen Dong got the confidence to say that.

At three o'clock in the afternoon, all of Ronald's 40 billion US dollars were eaten up by William and retail investors, and the price of gold soared to 995 US dollars.

Shen Dong said in a deep voice: "It's time. Ah Hao, call all the newspapers and send out the article I wrote. I can't give William and the others time to escape."

Song Zihao nodded and said, "I understand."

The Beacon Country is a money society. As long as you have money and are willing to spend it, it is not impossible to become president.

Song Zihao spent a full 30 million US dollars to finally win over ten well-known media outlets.

And the effect is very obvious.

That evening, Shen Dong's article analyzing the future economy of the Lighthouse Country caused a strong response in the financial market.

After reading this article, many retail investors came to their senses and became much more objective in their views on gold.

In a manor in New York, Ronald read the manuscript and applauded.

The article quotes classics, points out the various problems facing the economy of the Beacon Country, conducts a serious analysis of them, and finally gives detailed solutions.

Every sentence in it does not mention interest rate hikes and gold, but it gives people the feeling that if the Federal Reserve does not raise interest rates and gold prices do not fall, the economy of the entire beacon country will collapse.

The shadow of Shen Dong emerged in Ronald's mind.

"Such an amazing article, could it be written by him?"

"That shouldn't be the case. How could he have such insightful views at such a young age?"

At the same time, William also saw the manuscript and his face changed drastically.

The analyses in the manuscript were enough to make even him break out in a cold sweat, let alone ordinary people.

William immediately picked up the phone and called George.

"George, did you see the article on the front page of all the major newspapers?"

"I just finished reading it. I immediately contacted the heads of major financial institutions to publish an article to defeat the other party."