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Chapter six hundred and eighty-fifth discussion with A Niu

When Li Xia left, Fang Mo walked back to the office prepared for him by the company.

Because of the computer, the company has specially upgraded it for him.

Now that I just sat down and turned on the computer, Fang Mo thought the upgrade was done well.

Open your account skillfully and log in to the trading platform.

When I entered, I saw several currency pairs that Fang Mo currently holds.

America, Japan, America, Meirui, etc.

Fang Mo also put the forefront of precious metal investment in gold.

I clicked in one by one to see the current transaction situation.

Although others are in the Magic City, you can still see the trading of employees far away in Shenzhen Stock Exchange.

Seeing that gold began to reduce its positions, Fang Mo nodded with a smile.

This girl still has something to do.

After all, gold is a hedge-preserving goods.

No matter how gold falls, the global gold production cost is there.

It is impossible to keep falling.

Compared with other foreign exchange currency pairs, gold still stands firmer faster.

Of course, it still has to experience one or two major declines before standing firm.

This is basically shared by all trading products.

After all, although the value of the product is there, the people who trade are not so patient.

The same is true for gold.

Everyone knows that gold will maintain its value and will continue to appreciate with inflation, but so many people will not be patient enough to wait until that day.

So in the long run, gold will continue to rise.

I picked up my phone and wanted to call A Niu and the others, but I thought it was still morning, so they might be sleeping due to the jet lag.

Just when Fang Mo was undecided, A Niu called over.

"Hey? A Niu?

How is your gold situation now? I haven’t summarized it today and I can only see the general situation.”

After hearing the boss's concern again after many days, A Niu finally breathed a sigh of relief.

They have basically been isolated from the outside world for many days.

The boss left because of other things, but they couldn't leave because the matter had not ended and stayed in the villa.

The boss may not have contacted them for a long time after he left, which once gave them the idea of ​​being isolated from the world.

If they weren't able to surf the Internet, they would have had problems sooner or later.

"Boss, you finally answered the phone. I almost thought you didn't want us anymore."

Listening to A Niu's exaggerated words, Fang Mo put down the spinning pen in his hand with laughter and tears.

"It's not so exaggerating, why did you give up on you?

You have most of my wealth in your hands!”

Knowing that the other party was laughing, Fang Mo immediately asked about their current situation seriously.

A Niu also knew that now is not the time to play, so she replied to Fang Mo seriously and seriously.

"Because of another big fluctuation in the morning before, our studio members now divided into two groups, one group was operating at night, and the other group was responsible for monitoring the situation during the day. If there was another big fluctuation, they would be called.

The total gold position is now at $1,302 due to previous increase and fluctuations.

There are a total of 1.6w short positions. At present, according to our current closing speed, the final closing rate is estimated to be around 212 million.

Do we need to adjust our positions now?”

After reporting the data to Fang Mo, A Niu didn’t forget to ask Fang Mo and others if they needed to adjust their portfolios now?

After listening to A Niu's data, Fang Mo silently calculated the losses that he would have to bear in order to adjust his portfolio.

Fang Mo asked casually.

"What is the current production cost of gold? Have you ever learned about it?"

"The information I currently have and the data from GMFS shows that the average cost of the world except Africa is $900 per ounce, and the cost of the African region is about $1,080.

Logically speaking, gold still has room for decline, but…”

"But if the decline continues to decline, the profits of gold companies will be further squeezed, and those gold companies will stop production and reduce supply to face lower and lower gold prices."

After A Niu stopped talking, Fang Mo took the initiative to tell the result.

After hearing this, A Niu nodded and responded: "Yes! That's right, if the gold price falls again, gold manufacturers would rather choose to shut down the production than start mining.

Then when the supply decreases, prices will naturally fluctuate."

After saying this, A Niu knew that these alone were not enough to support the rise of gold.

So we actively shifted the logic of gold rise from gold producers to the most fundamental logic.

inflation!

“The ultimate logic of gold is to preserve value.

And the purpose of protecting is to fight inflation."

He didn't finish everything, but Fang Mo also understood what she was thinking.

Inflation will continue in the next few years, and the price of gold will rise slowly year by year.

Although I don’t want the stock market to double more than ten times overnight, if I hold it for a long time, it will definitely outperform inflation.

Thinking of this, Fang Mo smiled slightly.

"You are pretty good, I feel relieved to leave the rest to you.

Let’s clear the positions together in the United States and Japan. Next year’s position will only leave Europe and the United States, foreign exchange, and the rest will be gold and silver.”

Listening to Fang Mo's trust, A Niu smiled in her heart.

How could she be so smart that she didn't know what Fang Mo said meant?

This means that she will be the leader of this group membership in the future.

"Thank you, boss, we have started clearing the position during this period, and the clearing is expected to be completed in early December.

But my thoughts on European and American foreign exchange may be different from yours.”

Listening to A Niu being encouraged and starting to be inconsistent with her thoughts, Fang Mo nodded with great since she was encouraged. "You said."

"I think the decline in foreign exchange in Europe and the United States should continue until the end of December, and next year may be the process of bottoming out until February."

Listening to A Niu's words, Fang Mo nodded in agreement.

"I know, but we don't care about gains and losses, right?

There is no problem with the general direction."

Listening to Fang Mo's words, A Niu was stunned.

She still brought short-term thinking into it.

Of course, in short-term thinking, you will not give up any inch of land, but in long-term thinking, you naturally don’t need to care about so many shocks.

As long as you judge it will increase, it will be the same if you buy early and late.

“I will divide some of the funds to let you find the right direction for you, just like the people in Yuanye Finance.

However, most of your trading goals are foreign exchange.

Maybe I will ask you to try stock indexes in the future, but at this stage you are still mainly responsible for foreign exchange."

Listening to the boss's arrangement, A Niu nodded and said that she knew.

When A Niu hung up the phone, Fang Mo breathed a sigh of relief.

This time you can imagine the significant profit.

But the follow-up direction after getting the money was the problem that Fang Mo had a headache shortly afterwards.

Of course, Fang Mo still enjoys it very much at this stage.
Chapter completed!
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