I Am a Nobleman in England

Chapter 395 Wealth is created by tossing

"Please use it slowly, I will take my leave first..."

Arthur looked helplessly at the back of the speechless and depressed housekeeper Paul who was beaten by him, sighed softly, and put a fried egg into his mouth.

It's not that Arthur is perfunctory and making excuses, but the truth. Among the nobles in the House of Lords, none of them are old antiques, and the youngest is forty or fifty years old. How can he, a 22-year-old 'child', sit in .

Even if he sat in and let him work with a group of old-fashioned people as a 'child', it would kill him!

He doesn't want to live the life of the elderly in advance, think about it, the youngest YI member of the House of Lords, my God, the paparazzi and reporters all over the UK won't eat him, in case his love affairs are accidentally exposed someday , is definitely a terrible scandal.

But now, he is just a billionaire, even if the news is leaked, it is just a lace news, influence and lethality are completely different things, okay!

After breakfast, Arthur got up to wash up, then changed into a set of comfortable white casual clothes, came to the desk, opened the laptop, and prepared to check today's briefing.

Before finishing a briefing, the mobile phone beside the desk rang. Arthur picked up the mobile phone and looked it up. After finding that it was Smith Jama, he picked it up directly.

"It seems to me that this morning's newspaper has just read the briefing, and there is a lot of bad news, so, what do you want to tell me?"

Arthur leaned back in his chair, looking at the snow-capped beauty of the manor outside the window, and asked Smith Jama on the other end of the phone.

What he just saw in the briefing was that as risk aversion swept the world, the price of gold this morning had its biggest one-day drop since December 1, 2008, hitting a three-month low and detonating a massive explosion. Technical sell order. The common opinion of technical analysts of investment companies is that the short-term trend of gold is worrisome, and the possibility of further decline cannot be ruled out.

"Boss, although there is a lot of bad news, it didn't cause you too much loss after all. The loss of spot gold and the money earned from futures have been offset.

No way, as soon as the Bald Eagle's report came out, the European market was worried about the sovereign debt crisis in the euro zone, and investors abandoned high-risk assets and turned to the US dollar.

At present, gold has fallen below the key technical support. There is no technical support for gold now, and once there are any depressing factors, the price of gold may fall further.

The exchange rate of the euro against the dollar hit a seven-month low,

Became the main reason for the gold price dive. Just earlier today, European Central Bank President Jean-Claude Trichet predicted in an interview with reporters that many countries in the euro zone would face the threat of a sharp increase in fiscal deficits, which immediately ignited the market's heavy concerns about the euro zone economy. EUR/USD The downward momentum was out of control, falling 1.24%. . . "

"Hey, this can be regarded as our stepping short once, and we missed the opportunity to make a profit."

Arthur said helplessly, after all, shorting the euro is what they have been doing for a while, but this time, because the financial report of the United States inevitably failed to meet market expectations, resulting in losses, they closed their positions early and chose Avoidance, it is true that some losses were avoided, but it also missed the opportunity to make profits.

"Boss, the last thing you should and don't need to do now is gamble. If you miss it this time, there will be another time. The financial market is constantly changing. No one can do it. Every time you are guaranteed to be a winner." , if you want to win all the time, then you can only choose as sure investment as possible, so as not to lose.

This time gold has plummeted. From the technical chart, spot gold has fallen below the 50-day and 100-day moving averages. Most technical analysts in the market said that after falling below these important technical supports, gold prices may continue to slide, but should be able to hold the $1,000 mark. "

Smith Jama can only continue to be relieved of his boss's dissatisfaction. After listening to Smith's words, Arthur also knew that he really shouldn't complain. After all, he was too greedy. After shaking his head with a silent laugh, he asked on the phone, "I want to hear your opinion."

"My view is that the US will release the January non-farm payrolls report in New York on Friday, and the market's attention will also turn to the data. At least in the short term, gold is now in a dilapidated posture. Unless the US employment data can reverse the dollar The strength of the market will bring gold back to life, but I think this possibility is very small.

Moreover, because of market concerns about the debt levels of Greece, Spain and Portugal, the euro has been sold off aggressively, and the euro has been devalued all the way. European stock markets also suffered a sharp drop. At present, the stock markets of Spain, Portugal and Greece have become the hardest-hit areas, causing the US stock market and major Asian stock indexes to fall one after another.

The debts of the countries in the euro zone are so heavy that it is bound to make the phenomenon of differentiation in the European economic recovery begin to emerge. Looking into the market outlook, I believe that until the debt problem in the euro zone is not resolved, the euro zone will continue to be under pressure, and the economy is at risk of a double dip, which may trigger a global exchange rate war. "Jamah Smith voiced his real concerns.

"An exchange rate war..." Arthur frowned slightly, and after thinking for a while, Arthur finally decided: "In this case, in order to reduce the losses caused by currency depreciation, we can only choose to offset the possible losses. Come up with 50 million and short the euro."

"Boss, what if countries such as Germany and France raise enough funds to rescue countries such as Greece and Spain?" Smith Jama still thinks that he should be conservative, wait and see, and wait until the situation is clearer before ending. He really doesn't want to see I finally hugged the big tree and took risks.

"Hehe, such an extreme approach, do you think that Germany and France will make that kind of sacrifice now?" Arthur asked with a nonchalant smile, "Although it is said that there are debt crises in many countries, how serious is it? The countries themselves know what is going on, but they are also secretive and unwilling to make it public, Germany and France will only let them figure out their own way, at least for now, so short the euro.”

"Okay, boss..."

After hanging up the phone, Arthur pondered for a moment, found Angela's phone number from his mobile phone, and dialed it.

Angela is very busy now, not only responsible for the acquisition of olive oil companies in Greece and wineries in Italy, but also taking into account the screening of acquisition targets for xing newspapers in the UK.

The phone was quickly picked up. After Arthur told her about the phone call with Smith Jama, Angela pondered for a while and said, "Save, or not? Germany, France and other major European countries should is already caught in a dilemma.

Compared with Greece, Spain, the fourth largest economy in the European Union, is more attractive. While Standard \u0026 Poor's has not downgraded Spain's long-term debt rating, it has downgraded its outlook on Spain's sovereign rating from stable to negative.

The commonality of the Mediterranean countries is a lack of fiscal discipline in the economy, no dominant industry, and large pension expenditures. In response to the international financial crisis, they implemented a large-scale fiscal stimulus plan last year. As a result, the fiscal deficit rose sharply and the country's total debt continued to increase. If Spain does not take reliable measures to control the deficit, it is only a matter of time before the credit rating company downgrades its credit rating. Then, the real European debt crisis will be completely detonated and spread to the entire Mediterranean countries! "

"You mean, keep an eye on Spain and use it as a weather vane?" Arthur asked with his eyes brightened.

"Yes, as long as Spain does not enact strong measures to control the deficit, feel free to short the euro with confidence."

"Hehe, you can contact Smith later and tell him your opinion, he is a little hesitant." Arthur laughed.

"He just doesn't want you to take risks."

Arthur held the phone and said with a noncommittal smile: "For making money, if you are not willing to take risks, it is a sign of failure."

To be honest, I always heard that stability is a shortcut to making money, but seeking wealth and insurance is the daily interpretation of real life. Those who are unwilling to take risks are actually taking risks for a lifetime.

Only when a person does something that he is not sure of in his life will he have a higher probability of success. Some people just do what is sure all the time, and their lives will be mediocre.

To put it bluntly, people who earn dead wages will never be able to make a fortune. If they want to get rich, they have to work hard.

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