I Am a Nobleman in England

Chapter 367 Don't treat a silent crocodile as a gecko!

Both Arthur and Smith understood that the rise in the price of gold was actually a monetary phenomenon.

And most people who are bullish on gold today hold the same view. Gold rose because after the financial tsunami, countries opened the floodgates and printed money wantonly, resulting in a flood of currencies.

However, this view is not entirely correct, and it may be a bit biased to focus only on what happened after the subprime mortgage crisis.

From 2001 to 2008, the price of gold rose from $250 per ounce to $1032 per ounce, an increase of more than 300%. Over the years, while the price of gold has risen all the way, the overall debt level of the Bald Eagle and the total assets of the Federal Reserve's balance sheet have also skyrocketed.

Of course, the soaring bald eagle government bonds and the balance sheet of the Federal Reserve are not isolated cases. In the euro zone, the deficit levels of most member states have exceeded the red line set by themselves, so the debt problems of European countries are only now appearing.

The United Kingdom and the foot basin are also heavily in debt, especially the ratio of the debt to the gross national product of the foot basin is close to more than double. The economic recession that has lasted for more than 20 years since the bubble economy burst in the late 1980s seems to be still plagued by the foot basin . . .

From 2001 to the present, gold has achieved very impressive gains against all currencies. In fact, it is not so much the appreciation of gold as the depreciation of currencies, and this process has already begun as early as the beginning of the century!

In fact, Arthur also found a very interesting thing, that is, as an investment product, gold is often criticized. From time to time, some people question gold as an investment product, especially the higher the gold price, the more intense the debate on the gold bubble theory. Among them are many influential figures in the investment market and some dignitaries from various countries, such as Warren Buffett, Soros and so on.

Even though the current gold price of more than US$1,100 is still far below the inflation-adjusted gold price high of US$2,300 per ounce in 1980, even if this round of surge has increased the gold price by more than 300%, far surpassing most The imagination and benefits of investors, experts and even gurus. . .

Even more interesting is Buffett, the stock god who throws out the view that "gold is a JI that can't lay eggs". He has been buying a large amount of silver since the second half of the 1990s, and his holdings once reached two-thirds of the silver long positions in the entire US capital market.

Don't say that silver is not a "chicken that can't lay eggs" like gold?

When the stock price of Berkshire Hathaway fell sharply in the Wall Street stock market crash in 2008, it was precisely because of the purchase of such a huge amount of silver that the stock gods reversed the situation by relying on the big bull market of silver.

(One more word here,

At present, countries all over the world are scrambling to buy and hoard gold. As for the value of the banknotes in their hands, I believe everyone knows each other. Instead of using money to speculate in stocks, it is really better to buy some gold and store it for value. . . )

After the financial tsunami triggered by the subprime mortgage crisis, Bald Eagle and many other countries adopted the method of printing banknotes to solve their difficulties. The flood of global banknotes is unprecedented. If gold is a bubble, then banknotes are a bigger bubble!

"Actually, you and I both know that even now, gold investment is far from being as popular as everyone imagined. It is actually not appropriate to describe it as a bubble. However, given the situation since last year, I think 2010 will be the second round of gold investment. It has been the best performance and the most glorious year since the gold bull market!" Arthur said, leaning comfortably on the boss chair, looking at Smith with a relaxed expression.

Smith nodded and said: "As for the debate on the gold bubble, I have indeed been shaken before, but the new Finance Minister Chen of the foot basin expressed his support for the depreciation of the yen and further stimulus measures at the beginning of his inauguration on the 7th, which aroused strong reactions from the market After that, I no longer question the general trend of gold's rise.

Because from a historical point of view, it is not without precedent for the foot basin to raise the bang of the yen exchange rate when the economy is sluggish and macroeconomic policies fail. As early as the financial crisis in 1998, as a major economic country, the foot basin unscrupulously opened the "Pandora's box" of depreciation and safeguarded its own interests at the expense of other countries.

Today, with the help of the dollar-yen exchange rate constantly setting new historical records, the next step of the policy of the foot basin is undoubtedly the focus of the market. If it is really the first to open the magic box, other countries will inevitably follow. At that time, all currencies will depreciate, and gold is undoubtedly the best hedging tool. "

"Hehe, for us, the depreciation of the yen is a good thing." Arthur smiled and picked up the coffee cup on the desk, took a couple of sips, and continued: "Actually, as long as we implement it according to the plan we only made It’s ok. In the financial market, there are too many types of investment and projects. We don’t have so much manpower and financial resources to choose too many. Focusing on two or three items is enough for us to obtain huge profits.

There is endless money in this world. By the way, this time I went to Tianchao and found several interesting companies. Among them is a doorhu website that was listed in the United States very early. The name is Netease. Several online games under the Internet company have great potential. I think I can use some money to buy some of its stocks. I think the future harvest will be very good. "

"Netease? A portal website for online games?" Smith asked again with some uncertainty.

"Well, the penetration rate of personal computers in the Celestial Dynasty is very high. PC online games are the absolute mainstream. The number of online game players is at least around 200 million, and the market is huge. This Netease company also won the " The exclusive right to operate World of Warcraft."

As soon as he heard "World of Warcraft", Smith nodded suddenly and said, "I see, then boss, how much will you invest?"

"Let's buy a $10 million one first." Arthur, as a former fantasy player, naturally knows how powerful Sanshi's money-making technology is. Don't look at the Internet world where "only fast is not broken", Sanshi and Netease have always been The existence of "Qing Qi" in the Internet circle has always been tepid, and it always gives people the impression that it is long overdue.

However, its stock price rarely rises and falls sharply, and is in an upward channel most of the time. All of its games are desperate for money. The problem is that they are not bad for a long time. In terms of the game's ability to make money, it is really not much worse than Fat Penguin.

Really, don't mistake a silent crocodile for a gecko!

"Ka Ka Ka -"

"Okay, okay, that's it—"

"Ka Ka Ka -"

"Great! It's time to take another set..."

In the studio, the photographer looked at the photos in the camera, smiling and satisfied, with long hair fluttering, heavy makeup, and Emily Xiao, who was wearing a bikini, made an OK gesture.

And Emily, who had been helped by the assistant to put on her nightgown, walked quickly to the dressing room. In the dressing room, while changing clothes quickly, she asked the assistant outside, "What time is it?"

"Three thirty-five."

"Is this the last set?"

"Yes. The last set."

Emily put on the last set and turned into Cammy White in "Street Fighter". After walking out of the dressing room, she went to the photographer and said, "The last set, I hope we can shoot faster, I still have something to do."

"No problem." The photographer agreed very well.

"Thank you." Emily thanked her with a smile. Although with her current popularity, she can ignore the unknown little photographer, but since she has signed a contract with the swimsuit company, she has the responsibility to cooperate with the other party to take good promotional photos. . She didn't want to mess up her hard-earned fame.

Thinking of this, she couldn't help but think of Arthur, who made her popular soar and became a new sexy baby. Thinking of the reunion soon, she couldn't help but a gleam of sympathy flashed in her eyes. She can have the popularity and fame she has today. It was thanks to Arthur who made her a Saints football baby, especially the set of Christmas-themed photos that made her popular.

Although this was mainly due to her good enough conditions and extraordinary talent, she wouldn't have become popular so quickly without Arthur's help in promotion and media adulation.

I really want to thank you very much!

Emily showed a seductive and charming smile on her pretty face, and whispered in an imperceptible voice.

"Okay, that's it, keep that smile!"

"Ka Ka Ka -"

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