Chapter 146 Money grabbing action [3]
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"Uh, I know, Manager Zhang, don't worry, I know it." Zheng Rongxuan said, and put more than 400,000 orders in the Bank of China account. After seeing the gold price stabilized at US$273.12 per ounce, he thought it was not very safe, so he switched to the National Bank account and put 500,000 orders again. As expected, 500,000 orders were raised by US$0.31 with other parties.
"But Mr. Zheng, it's really too dangerous for you. Although we can temporarily authorize you a sum of funds, the total amount will not exceed $1 billion."
Zheng Rongxuan frowned slightly and looked at the bearish side who smashed more than 7 million hands again, and then threw the gold price to $273.26 per ounce, saying: "Okay, I'm busy now. I don't need your loan. Everything will be announced tomorrow, that's it!"
Zheng Rongxuan decisively hung up the phone and turned it off, fearing that someone would call again to disturb him today.
Then he saw that the 900,000 hands were sold in less than five minutes, and the gold price remained at the price of US$273.21 per ounce, so he waited and watched again. As long as it did not drop below 273, Zheng Rongxuan did not think that he was in any danger. Moreover, the orders for millions were, which were hundreds of thousands of hands every once in a while, at most he would occasionally help a little. The real main force was the Western consortiums and funds.
Near noon, Liu Changmin filled the kitchen and heard the doorbell ringing. He walked over and saw that it was Park Anhui and Yoon Haoyan. He opened the door and let the two of them come in and smiled and said, "President Yin came here in person, don't you know what's wrong?"
"Is Mr. Zheng at home? His phone cannot be connected!" Yin Haoyan said anxiously.
"Oh, he is in the second floor study. You wait a moment, I'll call him." After Liu Changmin finished speaking, he wanted to pour water for the two of them first, but Park Anhui said anxiously: "Mr. Liu should go and invite Mr. Zheng first. It's really urgent."
At Zheng Rongxuan's home, she really couldn't rush to the second floor directly. After all, it was a private area, especially the study room, which was the highest security level in the entire villa. Although Zheng Rongxuan liked to open the doors and windows of the study to ventilate when it was not too hot in summer, there was the top-level sirens installed by Zheng Rong. If you had to mistakenly enter, the sirens would be triggered immediately. While the alarm was made, the police station outside the community would also receive an alarm at the same time. It took only 3 minutes to reach the police. It was too close, just over 200 meters on the east side of the entrance of the community.
Zheng Rongxuan had already seen the two of them come in in the study on the second floor, and at the same time he knew in his heart that the purpose of the two of them came over was probably the same as that of Zhang Xin.
Sure enough, after going downstairs, they heard the two of them reminding themselves of the highest risk level. Once the gold price falls below $270 per ounce, Zheng Rongxuan will be forced to close the position, and more than $14 billion will be gone.
Zheng Rongxuan looked at the time on the smiling face table in the living room. It was already 11:47 and smiled and said, "President Yin, I know what I am doing."
"But now, the trading volume of gold in London is about to reach $15 trillion. This is a strange phenomenon that has never been seen before, once..."
Zheng Rongxuan looked at Yin Haoyan in a hurry and almost jumped up and down, saying: "Your news is outdated. When I came down just now, the total trading volume of London Gold was 17.37 trillion US dollars. By the time the market was closed at 14 o'clock, it should be able to exceed 20 trillion. My current position in the National Bank is 15.68 million long positions."
When Zheng Rongxuan came down just now, he put a long order of 500,000 yuan in the National Bank's account. He understood Yin Haoyan and Zhang Xin's anxiety. After all, as a super big customer of the bank, they have the obligation to remind Zheng Rongxuan of the risk control and the huge losses he would face if he failed.
Especially the trading volume of London Gold today really scared many people. London Gold, which was originally only in just over 1 billion, doubled today. Anyone knows that this is a battle between bulls and bears, and Zheng Rongxuan's operating posture is undoubtedly firmly standing on the side of the bulls, but who can accurately figure out the trend of gold prices?
If the short side wins, Zheng Rongxuan's nearly $20 billion in funds will be swallowed up and there will be no more slag left. As bankers, they will never let themselves do such irrational things.
Yes, it is true. In their opinion, everything Zheng Rongxuan is doing now is so irrational, just like a madman, spending money desperately, completely ignoring the serious consequences that may be brought about.
Zheng Rongxuan's words made Yoon Haoyan and Park Anhui stunned, their hearts trembled, and their bodies were a little shaking, and their bodies were a little out of control. Oh my God, is this man crazy? His holdings, as long as the gold price drops by more than $271, he will be forced to close the position. More than $14 billion, a huge amount of funds that are more than ten times more than the National Bank's annual net profit will be wiped out. Why does it seem that he is not worried at all?
Liu Changmin, who had not left on the side, was also scared, especially when he heard Zheng Rongxuan's terrifying figure, which was more than 20 trillion US dollars, how many trillion won would be worth. Anyway, he could not calculate it, but he did not understand finance very well, and he did not understand the value of the position Zheng Rongxuan held now.
"Mr. Zheng, you are too irrational to do this." Park Anhui was so scared that she was about to cry. Now Zheng Rongxuan is already an absolute madman in her eyes. Although Zheng Rongxuan used 100 times of leverage, she still had a fluctuation tolerance range of at least a few dollars. But this time, Zheng Rongxuan seemed to have blocked all her wealth, which made her feel that Zheng Rongxuan must be crazy.
Zheng Rongxuan laughed and said, "I am very grateful for your reminder, but I know what I am doing. Okay, I have to take a short break at noon, and there is still a big fight waiting for me in the afternoon. Brother Changmin gave me two people. By the way, call me to order Chinese food. By the way, anyone who comes to me said I am not available."
Zheng Rongxuan stood up and waved to the three of them. Regardless of Yoon Haoyan and Park Anhui's reminder again, he went straight upstairs and returned to the study.
"Elf, I'll give my account security level the highest. These guys didn't follow the trend, right?" Zheng Rongxuan was always worried that the bankers would follow the trend. Fortunately, there was a terrifying existence like the Elf, the Elf of the House God, who always stared at the Internet and did not find follow-up orders from the National Bank or Bank of China.
"It has been raised to the highest security level. I simulated hundreds of thousands of accounts for you at the beginning. Although it is an account you operate directly, it seems to be all scattered retail investors. As long as the private bank does not leak the secrets, your safety can be guaranteed." At this point, the Elf of the House God was still quite straightforward and did not add any more tasks to Zheng Rongxuan.
According to its meaning, Zheng Rongxuan's safety is more important than the task, otherwise all this person and the elf would be ruined, and it would be like the elf is more afraid of death than Zheng Rongxuan. Zheng Rongxuan really doesn't know whether it is a program or a real elf. How can there be human emotions?
It was not until two o'clock in the afternoon that Zheng Rongxuan took advantage of the two-hour closing settlement time and took a short snatch.
At 3:50 pm, the alarm clock woke Zheng Rongxuan up on time. After Zheng Rongxuan got up, he washed his face. Liu Changmin ran up and said, "Boss, Miss Song Yuner called at noon and said she would come tonight. In addition, Chairman Jin also called and asked you who are singing the three songs."
Zheng Rongxuan nodded slightly, walked to the study room again and said, "I understand. I will talk about anything tomorrow. Today I don't have time to think about anything. Remember not to disturb me even if the sky falls before 10 o'clock in the evening."
After pressing the password to enter the study room, Zheng Rongxuan closed the door of the study room again, and the ventilation fan was still working. During the rest period, all the smoke smell in the room had been replaced. At this time, the air was filled with a faint perfume smell. It was emitted by a perfume seat that Sun Yezhen put in for Zheng Rongxuan when she left in the morning. It is said that it has the effect of neutralizing the smoke smell.
Seeing Zheng Rongxuan's figure disappearing in the study, Liu Changmin shook his head helplessly and went downstairs again. He didn't plan to leave today because he had to guard the door for Zheng Rongxuan in the afternoon to prevent others from coming to disturb him.
The battle between the long and short sides seemed to be no longer as fierce in the afternoon. I don’t know if it was because the short side had no funds or because of other reasons. Zheng Rongxuan had a small batch of tens of thousands of hands, and hundreds of thousands of hands occasionally opened long orders.
Until nearly six o'clock in the afternoon, the short side suddenly exerted force, and tens of millions of short orders surged out in a moment, which instantly smashed the gold price to US$272.17 per ounce.
It really scared Zheng Rongxuan to death. At this time, he didn't care when other parties had made efforts and directly issued a long order of 5 million, which was the largest single order that Zheng Rongxuan had posted so far.
The effect was also immediate, instantly swallowing millions of hands below, directly pulling the gold price back to $273.32 per ounce.
Zheng Rongxuan's sudden appearance seemed to completely anger the bears, and another pile of huge orders with a total of tens of millions were smashed out. Zheng Rongxuan glanced at the balance in the account that was less than 4 billion. When he was about to grit his teeth and persevere, suddenly the bulls on the previous trading day (calculated by London time) also began to make efforts, stabilizing the gold price above the 273 price again, and the two mainstreams started fighting again.
Chapter completed!