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Chapter 47 Gold (2)

Chen Zhihua thought about it and did not hide his point of view. He said directly: "I think there is still room for gold prices to rise. The current gold rise is slowing down and there is a decline. That is because it is affected by the decline in oil prices!"

You should know that in the international market, the triangle relationship between black gold (oil), gold and the US dollar is the most sensitive core topic in the world's financial industry. When one of them changes in prices, the other two will also change like a domino effect. As the degree of industrialization becomes deeper and deeper, the connection between them becomes more and more obvious.

In recent times, after experiencing the time of China AVIC Oil, international crude oil prices have fallen slightly, and crude oil prices have fallen, which directly affects the slowdown in the rise of gold prices, which has attracted many financial personnel to believe that this round of upward trend in the gold market has come to an end and it is difficult to find support anymore.

"I wonder if you have any rebuttal opinions on Mr. Chen's point of view?" After Chen Zhihua expressed his controversial view, Youya immediately seized the opportunity and asked several guests who had opposite opinions from Chen Zhihua.

The middle-aged woman in the Qiji group was the first to speak out. I wonder if it was to defend Qiji's dignity and wanted to ban Chen Zhihua, the Qiji "abandoned general". The middle-aged woman said bluntly: "After listening to Mr. Chen, I think Mr. Chen may still have a certain lack of experience in the investment market. The decline in oil prices means that the cost of world industry has decreased, which will stimulate economic development. If the US dollar can move strongly, then the price of gold will fall."

Chen Zhihua felt very unhappy when the other party belittled himself so directly, but he felt that this was on TV and could not be seen with the other party, so he smiled and said, "Miss Tang, I don't agree with what you said. In the past two years, the global economic growth has accelerated, resulting in a sharp rise in the prices of resource commodities such as crude oil. The recovery of gold value is an inevitable trend. The recent weakness of the US dollar is also obvious to everyone. Inflation and currency changes, banks in various countries have increased their gold reserves to avoid inflation risks. These factors will inevitably cause gold prices to rise, and at least in the past two years, the gold price will never fall."

Before the middle-aged woman could fight back against Chen Zhihua, the HSBC bank's big nose interrupted: "Mr. Chen, according to what you said, do you think the US dollar will continue to be weak?"

From the sudden mention of foreign exchange in gold, Chen Zhihua felt that this big nose seemed to be a little unfocused. He smiled and said, "I am not talking about the issue of the US dollar, but reminding everyone to pay attention to the global attributes of gold investment. The gold market is open almost 24 hours a day in the whole world. From Hong Kong, to Tokyo, Australia, London, and then to New York, there is a gold market trading in every period. In addition, gold calculated in US dollars is attractive to investments holding other currencies. The weakness of the US dollar has made foreign exchange market investors also open the market to pay attention to the investment value of gold. From this point of view alone, does not mean that the price of gold will continue to rise?"

The tall man from Standard Chartered Bank asked thoughtfully after hearing Chen Zhihua's words: "Mr. Chen, but in fact the price of gold is falling. As the saying goes, it is said that gold is hidden in troubled times, and antiques are hidden in prosperous times. Now the world economy is developing rapidly. According to you, do you also need gold in prosperous times?"

"Mr. Zhang, the proverb you quoted is indeed very interesting, and it is also correct in a certain environment, but your understanding of the current situation seems to be a bit biased." Chen Zhihua paused slightly and explained: "Mr. Wang, general manager of the World Gold Association China Region, recently pointed out that because China's economy is developing rapidly, the largest part of the people's demand for gold comes from 'jewellery gold'. From a global perspective, the demand for jewelry gold has been maintained at a relatively high level in recent years. China is the fourth largest consumer of gold in the world, and the consumption of jewelry gold accounts for 90% of the total national gold consumption. According to data from the World Gold Association, in Asia

Especially in China and India, the demand for gold closing market is still increasing significantly. In 2005, the growth rate of demand for gold closing market in these regions will exceed 18%. At the same time, other countries' demand for investment-related physical gold is also increasing year by year. Let me put it this way, what I want to point out is that the new gold output of gold that year is not enough to fully meet the demand at that time, that is, the annual demand exceeds about 300 to 500 tons compared to the production volume. There is a gap in supply and demand here. This gap can fully illustrate a problem, that is, gold prices should maintain a relatively positive trend in the next two or three years."

"The rise of gold has been rising recently, in fact, largely because investors' demand for gold is driven by the increase in demand for gold, and the increase in demand has driven the rise of gold supply. Some countries such as Africa and Latin America have increased their investment in gold mining and production. It is estimated that the global supply of gold will increase in the next one or two years. At the same time, the speed of world economic development will slow down, and investors' demand for gold will continue to decline. In the end, the gold market will have an oversupply, and it should be possible for gold prices to fall all the way. Mr. Chen, what do you think?"

Listening quietly to the words of Goldman Sachs China, Chen Zhihua felt that he had finally met an opponent. Chen Zhihua had also considered what he said. In fact, in the financial industry, like this fat man in front of him, there are many people who are not optimistic about the prospects of the gold market for this reason. Some analysts even believe that the real reason for the crazy rise in gold prices some time ago is that some funds are raising prices. The recent fluctuations in gold prices have obvious traces of fund operations. Especially in China, because China's gold market has a jet lag relationship with the gold markets of Western countries such as the United States, funds use this to operate, raising or suppressing the gold price to eat gold. Therefore, when the fund is about to leave the market, the decline in gold prices seems to have become inevitable.

However, Chen Zhihua was prepared for a long time, so he thought about it and replied: "Mr. Sun, gold investors currently account for 78% of the total international gold transactions, and gold speculators only account for 20% of the total gold transactions. The good liquidity and stability of gold have made gold investments irreplaceable to avoid financial risks. Therefore, gold as a means of increasing investment profits, will inevitably be sought after by more investors. Gold is more suitable for medium- and long-term investment, while short-term investment is only what 20% speculators need to consider." When speaking, Chen Zhihua couldn't help but laugh at himself. He is actually one of the 20% speculators because he has no plans to invest in the gold market in the long term.

Chen Zhihua suddenly answered the words of the four people in front of him. The live broadcast room suddenly became a four-on-one situation. The four guests who thought the price of gold would fall took turns to question Chen Zhihua, and Chen Zhihua also resolved it one by one. However, in his heart, he did not say one of the most important reasons why he was optimistic about the gold market: In mid-July, Iran's supreme leader Khamenei announced that Iran would restart nuclear activities.

Although this news has not attracted the attention of ordinary investors, it is like putting a small stone into the water, causing ripples on the water. Chen Zhihua is waiting for when Iran will officially announce the uranium conversion activity. As soon as this news comes out, the international situation will definitely become more tense. In this case, it will be difficult for gold prices to rise.

A round of questions and answers made Youya's program end quickly. After the show ended, Chen Zhihua was about to leave the TV station after he finished the dressing and heard the beautiful host Youya call him from behind: "Mr. Chen, please wait!"

Chen Zhihua stopped and looked at You Ya. He saw You Ya take off his clothes and walked to him and said, "Mr. Chen, I am so embarrassed about the arrangement just now. It makes your situation awkward. If it really causes trouble for you, please forgive me!"

"It doesn't matter!" Chen Zhihua naturally knew that Youya came to apologize because she had put herself in a position of besieged by everyone. For him, he was very confident that he would verify his correctness in the future, so the debate tonight might make him more famous in the future, so he didn't care about these things.

"Mr. Chen, you are really special. Today I heard your explanation, even I think the price of gold will rise!" You Ya glanced at Chen Zhihua thoughtfully and couldn't help but say something.

Chen Zhihua still remembers that when she took the initiative to make friends with this beautiful host, she looked like she was rejected. Unexpectedly, she suddenly praised herself today, which made him unable to help but say: "What's so special about me? I'm not an ordinary man, I'm afraid that in Miss You's eyes, it's still a man who is hard to see!"

"Why do you say that!" You Ya shook her head, and after hesitation, she finally said: "You have always been a man who can attract girls' attention, but because of this, I am very afraid of getting close to you!"

"Scared?" Chen Zhihua didn't know why Youya said such a word, and he was a little curious: "What can I scare you?"

"A man who can attract most girls' attention is very insecure for girls. Just imagine a girl being attracted to such a man, and there are still many girls around this man. Wouldn't this make girls afraid to approach him?"

Chen Zhihua didn't expect Youya to answer him like this, but he finally understood Youya's meaning. After a change of thought, he thought to himself: "What she meant... Does she like me?" While thinking about this, Chen Zhihua secretly looked at Youya, feeling that she was looking at him shyly, completely devoid of her previous self-confidence.

However, at this time, Chen Zhihua was not willing to cause too much emotional trouble. He said half-jokingly: "Miss You, I am so happy to hear you say this, and I realized that it was such a happy thing to make people scare." He paused slightly and continued: "Goodbye, Miss You."

"Mr. Chen, I heard that Miss Li went to Europe. If you have time, let's go out for a meal together and chat by the way!" You Ya thought about it and said to Chen Zhihua.

Chen Zhihua nodded and agreed, and hurriedly left the TV station.

At the entrance of the TV station, the old man's Rolls-Royce, that is, Chen Zhihua, has been waiting for him for a long time. After the driver greeted Chen Zhihua, he opened the car door for him and drove him back to Yuanheng Company.

In the past two days, Yuanheng's business department has been officially established, and three or four stores have been opened on the market, and it is still increasing. However, it seems that the effect was not very good at the beginning, and there are not many individual customers coming to open an account. Chen Zhihua is now looking forward to seeing if the opening of Shi Chengjin can help. If it still doesn't work, he will consider spending money to advertise.

After staying in Hong Kong for two consecutive days, Chen Zhihua rushed back to Shenzhen. As soon as he got home that evening, he heard Liu Xiaoyu's voice coming from the house: "You rich young man is finally back!"

Chen Zhihua was slightly stunned, not knowing what Liu Xiaoyu said. Just when he was a little confused, he heard Zhou Xiangjun say, "We have seen you on the TV financial program these two days, and we only know your origin."

The table had already been set up, and Anna was taking out the prepared food in the kitchen. Over the past few days, Anna, Zhou Xiangjun and Liu Xiaoyu have become very familiar, especially Liu Xiaoyu's personality that is familiar to everyone. Not only Anna is familiar with her, but even Wu Qiaoyan and her are very good. The two of them have to drive out to stroll around almost every day, and then come back with big bags of shopping.

"Are you really the grandson of Chen Yuansheng, the current president of Yuanheng Investment Company?" Zhou Xiangjun asked Chen Zhihua a little curiously.

"Yes!" Chen Zhihua nodded and roughly told his experience, "Grandpa is old now and wants to hand over Yuanheng to me, so now I am Yuanheng's president!"

"Okay!" Liu Xiaoyu said: "Now he is the general manager of Shenhui Company, the president of Yuanheng Investment, or the shareholder of Huaqiang Investment. You can't tell that you are quite rich at a young age!" After a pause, Liu Xiaoyu smiled and said: "Now, why do I think you are like a rich son-in-law? Otherwise, you marry me and I'll marry you to be a rich young lady."

After several days of contact, Chen Zhihua has a deep understanding of Liu Xiaoyu's temperament. This guy is not only careless but doesn't look like a girl at all, but also likes to tease people with great thoughts. In the past few days, Chen Zhihua has been "bullied" by her at home, making Chen Zhihua very regretful of the original proposal to let her live here.

"Don't joke with me, okay?" Chen Zhihua smiled bitterly in anger: "There are more people who are richer than me."

"Who said I was joking about you? Do you feel unwilling to see that I am not pretty enough?" Liu Xiaoyu rolled his eyes and pulled Zhou Xiangjun to his side, and asked Chen Zhihua: "Then tell me, if Xiangjun and I are willing to marry you, which of us would you choose?"

Chen Zhihua didn't expect that Liu Xiaoyu would suddenly ask such a question, which was really heartless. Although he had to choose the beautiful and gentle Zhou Xiangjun for granted, Chen Zhihua couldn't answer, so he ignored Liu Xiaoyu after a smile.

After this, Liu Xiaoyu refused to agree and urged him: "You choose quickly, choose quickly!"

Chen Zhihua sighed and said in anger: "I won't choose you anyway!"

"So you chose Xiangjun?"

"..." Chen Zhihua focused on TV.

"Not talking is equivalent to acquiescence!" Liu Xiaoyu originally wanted to force Chen Zhihua to express his friend. At this time, he had achieved his goal. After gently touching Zhou Xiangjun with his elbow, he smiled in a hint.

Although Chen Zhihua's answer was a bit vague, Zhou Xiangjun was still very disappointed after hearing this. He secretly looked at Chen Zhihua, who was concentrating on the TV screen, and he felt indescribable joy in his heart.

"Do you think the price of gold will really continue to rise?" Half of it was to find the topic and half was to be curious in my heart. Zhou Xiangjun asked Chen Zhihua during the meal.

"The price of gold will definitely rise!" Chen Zhihua answered with certainty, "This is a big trend. The development of the world economy has led to the return of gold prices, and there is no doubt about it!"

After watching Chen Zhihua’s speech on the financial program, Zhou Xiangjun was actually convinced by Chen Zhihua. In addition, she has always been optimistic about the gold market, so she nodded and said: "Your judgment should be correct, mainly because the current decline in crude oil prices is only temporary. It will rise soon, and the gold price will also rise accordingly!"

Chen Zhihua listened to Zhou Xiangjun's words and looked at the firmness in her eyes. He suddenly found that he had found a confidant in this beautiful girl, which made him a little trance at that moment...
Chapter completed!
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