The first thousand five hundred and eighty-nine chapters
There are generally two forces that drive gold prices. One is that people buy gold to avoid risks in order to deal with economic crises and social crises, including wars.
Another is to cope with inflation, buy gold to preserve value and prevent wealth from shrinking.
Although the dollar has risen sharply against the euro in recent times, it shows that investors are more willing to hold the dollar with better liquidity in the face of a global recession, weakening the safe-haven nature of gold.
This is also the main reason why Badstone believes that gold futures will decline in the short term, or even a profit-taking and plunge in the plunge.
However, Andy, who knows the general trend of gold and knows that the strength of the US dollar at this time is just an illusion, will naturally not disrupt his layout and rhythm for a short-term decline.
If anyone believes that the US dollar will continue to be strong and holds a large number of dollars with better liquidity, then when the skin is torn apart, what they will feel next will probably be another kind of tragedy.
The real reason why Andy firmly believes that gold prices have risen is that in addition to knowing the general trend, the main reason is that countries around the world are currently sending money to him.
Governments around the world will eventually pay the price for the money issued by governments in order to save the crisis.
From an economic perspective, the most commonly used and effective way to deal with economic crises at the national level is nothing more than to improve the social security system to protect yourself, find new economic growth points to get out of the quagmire, and issue money indiscriminately to transfer the crisis.
As for this subprime mortgage crisis, governments of all countries are facing the most headache, that is, they cannot find new economic growth points...
Then needless to say, the rest is only self-protection and transferring the crisis.
Therefore, the United States launched an astronomical rescue plan, and the European Union launched a 2.2 trillion euro rescue plan. The Eastern powers were even more unwilling to fall behind and launched a 4 trillion yuan rescue plan! (Ahem, local governments even launched a 18 trillion yuan rescue plan...)
However, after all, money will not fall from the sky. Fortunately, the printing technology is now very developed. With the addition of third-party payment, the rise of electronic currency, it is really that he saves even the cost of ink.
The US dollar and the euro are both international currencies and have the ability to transfer crises to other countries. You should know that in today's world, 70% of the US dollar is circulated in countries outside the United States. The United States' crazy printing of money can not only promote the recovery of its own economy, but also dilute US debts.
Haha~ As for those countries that do not control international currencies, there is no better choice except to endure pain helplessly - of course, they can go to their own citizens...
The excessive issuance of currency will inevitably lead to the depreciation of currency and lay the hidden dangers of inflation. The more money is issued indiscriminately, the greater the hidden dangers.
However, governments trembling in the global financial tsunami can no longer care about the future. Let’s talk about it first!
There is no way to care about the life and death of other countries. Some irresponsible countries are like outlaws, treating Viagra as food.
However, the economic recovery and economic growth accumulated by the excessive issuance of currency is definitely not something to be excited about, because hidden dangers have been laid down and you can't escape the thunder. Even if you step on it later, it will still be blown up!
Under the herd effect, countries rush to depreciate their currency, and gold will naturally become the first choice for countries and individuals to avoid risks and deal with inflation.
The crazy gold price has just begun!
So, Andy Smith, who has accumulated tens of billions of dollars of gold in his hands, is the one who is truly not afraid of hooliganism in countries around the world!
Sitting in the car, looking at the New York streets where New York Giants are flying logos and flags and celebrating banners, Andy couldn't help but smile. No matter what, his Giants brought honor back to New York, making the people of New York temporarily forget the haze of the economic crisis. When they cleared the clouds and saw the sun, they could finally have a good time and temporarily dispel the gloom that spread over New York, although this was only temporary!
Jeangeorges is the most popular French restaurant in New York and a favorite dining place in New York's upper class. The reason why Andy chose to meet here is that in addition to the delicious food here, he can also look at the beautiful scenery of Central Park through the wide glass windows.
The heads of the six major institutions attended the banquet on time. After everyone met, everyone was naturally bound to congratulate Andy. The Giants won the championship, and they all looked proud and were very happy.
As a business ally, Andy naturally would not forget to invite everyone to the celebration party after the Giants Victory Parade tomorrow night.
A sumptuous and exquisite three-star Michelin-level lunch, Andy and the six allies had a very tacit understanding and did not talk much about Qualcomm's stock issue, but just chatted everywhere and spent the lunch time happily.
Before everyone left the dining table, the six agency leaders exchanged glances with each other, as if they had never mentioned and questioned Andy's selling of Qualcomm stocks. However, each of them was all human. If Andy didn't mention it, they would naturally not mention it.
Originally, I thought Andy was just treating these allies to dinner to consolidate the relationship between them. When I walked out of the restaurant gate with Andy, they were greeted by many cameras taking photos and reporters who flocked to them.
"Mr. Smith, how is your acquisition of Qualcomm going..."
"Mr. Smith, it is reported that you have received the support of the major shareholder and are ready to take over the Qualcomm board of directors with an absolute advantage. Is it true..."
"Have you reached a secret agreement with the six major institutional shareholders?"
"Mr. Smith, according to reliable sources, you are selling Qualcomm shares in a big way, are you planning to give up your acquisition..."
......
One question was shouted out, and the entire restaurant door fell into chaos. The heads of the six major institutions frowned and their faces became a little ugly. However, when they looked at each other, they happened to see some space separated by the bodyguards. Andy, who was calm and calm, looked at them and laughed at them. The six people's originally ugly faces were finally replaced by a wry smile.
In recent months, in order to protect its property from malicious acquisition, Qualcomm has used all kinds of tricks. In addition to announcing that the current 11 boards of directors will continue to run for elections and confront the candidates proposed by Andy, it also raised its stock price and joined hands with various partners to speak out to boycott Andy Smith's acquisition, hoping that Andy can give up in the face of difficulties.
Unfortunately, since Andy acquired enough shares, he has begun to ignore Qualcomm's moves, just waiting for the shareholders' meeting to overturn the existing board of directors in one fell swoop, so as to achieve the goal of controlling Qualcomm.
Qualcomm and the white knights who suddenly joined the company undoubtedly punched the cotton. After dancing and shouting like clowns for a long time, they suddenly found that they were already holding guns to kill them. This was undoubtedly a very painful and depressing thing.
However, they never thought that Andy not only wanted to kill them at the last moment, but also squeezed them out of oil before!
"first--"
Faced with the noisy and chaotic scene, Andy suddenly stretched out a finger and raised his voice, which magically quieted the noise on the scene. Andy nodded with satisfaction and continued: "I will not raise the acquisition offer!"
"Secondly, without my largest individual shareholder knowing, the sudden decision of Qualcomm's board of directors to accelerate the acquisition of part of Amd's business by spending more than $60 million, which made me very angry and dissatisfied. They seemed to have forgotten that they were just spokespersons for shareholders. They should be responsible for the interests of shareholders, rather than ignoring the interests of shareholders. They have violated their professional ethics!"
Andy smiled faintly, reached out to signal the heads of the six major institutions, and continued under the gaze of all reporters: "I am very happy. The public support of the shareholders of the six major institutions is a great victory for me and a vote of distrust for the Qualcomm board of directors. Thank you everyone!"
Chapter completed!