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Rebirth capital madman - Chapter 236

Published at 17th of March 2022 07:30:45 PM


Chapter 236

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Although the secret in his heart can't be told to others, Gao Xian reminded Ma Jingxi in the form of exchanging industry analysis results: "the Hang Seng Index has stepped up to 1500 points from the previous highest level, and now it has fallen to about 500 points. About two-thirds of it has evaporated. The stock market has greatly hurt its vitality. I'm afraid it won't recover its vitality in three or five years."

"I can't imagine that Mr. Gao, an idol in the central financial circle, is so pessimistic about the stock market." Ma Jingxi joked, "however, from my experience in Xiangjiang for decades, Xiangjiang's economy, whether real estate or stock market, has a very obvious periodicity, and this stock disaster should be no exception."

"China has greatly improved its relations with Western powers such as the United States and Britain, and the situation in Xiangjiang will remain very stable for quite a long time in the future."

"At the same time, Xiangjiang's overall economic strength has been continuously strengthened, and its development speed is among the best in Asia."

"In addition, many outstanding listed companies, including Huanyu electronics and Shanghua culture, are actively buying back shares. Even if this is to further consolidate the company's control, it can objectively create a solid foundation for the stock market."

"In this case, the recovery of the stock market will certainly not wait too long. Taking advantage of the current bottom of the stock market and sucking in some excellent stocks, we will be able to make a lot of money at that time."

"Besides, these outstanding stocks can also bring me dividends."

Speaking of this, Ma Jingxi smiled, "you must also know that the reason why I was able to achieve great success in real estate investment was to take advantage of the sharp decline in land prices after the turmoil in 1967. As a result, only two years later, the real estate industry recovered and began to roll in financial resources."

After listening to Ma Jingxi's experience, Gao Xian glanced at Ma Yongda, who was with him. He said, you are really talking, and in turn gave me a good lesson.

Gao Xian was speechless, naturally because Ma Jingxi was very reasonable and could not refute. Of course, the premise is that the global oil crisis will not break out next year.

In addition, because Gao Xian's time and space are chaotic, the collapse time of this wave of Xiangjiang stock market frenzy is more than half a year ahead of schedule, which can be called a totally different face. Therefore, Gao Xian can't guarantee that he is absolutely superior to other industry experts in his understanding of the current situation, that is, the future trend of Xiangjiang stock market.

Ma Jingxi pulled back his words and said, "of course, Mr. Gao, who has successfully established happy group, will certainly have better profit points than taking advantage of the low tide of the stock market to buy stocks."

Gao Xian shook his head slightly and explained: "although I packed all the industrial investments of Xiangjiang into happy group, Gaoyi is still the focus of my work."

Ma Jingxi was slightly surprised and asked, "Mr. Gao should have lost interest in stocks in the stock market. What are you going to do for Gao Yi?"

Gao Xian smiled. "Although Xiangjiang's stock market needs a recovery period, the stock markets in China, the United States and Europe still have great prospects."

"Moreover, it is imperative for Zhengfu to liberalize the exchange rate and gold control. It is estimated that people will flock to it like the previous bull market in Xiangjiang stock market."

"It turned out that Mr. Gao was ready to let Gaoyi expand its business overseas and aim at new fields at the same time." Ma Jingxi suddenly realized: "this stock disaster has made the business of Xiangjiang club, far east club and Kowloon Club depressed. It is the gold and silver club. Although the stock trading has also weakened, the gold and silver trading has been much more active."

Gao Xian nodded slightly, "it is not difficult to understand that the Bretton Woods system, which has operated for many years, has existed in name only, and the international exchange rate has fallen into turmoil."

"Proceeding from its own interests, the United States has repeatedly devalued the central currency of the US dollar; other economies in the world also have their own demands. For example, Britain and West Germany want their currencies to maintain a strong position, while one hopes that the exchange rate of the Japanese yen is conducive to their exports."

"The rise and fall of exchange rates of various currencies are dazzling, but in fact, they are all relative to the depreciation of gold, so investors naturally have to take the key."

"At present, the price of gold is hovering around $50; I estimate that after the Bretton Woods system is completely over, the price of gold will double in the next few years."

"Gold speculation..." Ma Jingxi's face showed fear. "More than 20 years ago, the situation in the mainland was surging and dynasties changed. A large number of rich people came to Xiangjiang, which set off an upsurge of gold speculation."

"The final result is that the local speculators in Xiangjiang won a big victory, and many outsiders lost their money."

"At that time, I also participated in it. In terms of harvest, I can only say that I retreated. Now when I think about it, I feel afraid."

Gao Xian picked up the cup and took a SIP to hide his smile.

In the final analysis, although Ma Jingxi has the ideal of becoming a banker, he still belongs to an old-fashioned businessman and can't keep up with his ideas.

Gold investment at this stage is not aunt speculation in gold, but the international situation makes gold a hedge.

This upward trend will continue until the early 1980s, when the price of gold rose to an all-time high of $850, it will turn downward.

The reason is naturally that the international situation has changed again, and gold has a new attribute, that is, industrial raw materials.

Think about the gold-plated earphone plug and the internal components of smart phones, and it is not difficult to understand the wide application of gold in high-tech products.

Of course, if the speed of making money in other ways exceeds the soaring price of gold, there is no need to stick to gold investment.

However, Ma Jingxi was still afraid of gold investment because of his dangerous experience of cheating and speculation in gold. Therefore, he turned to ask, "Mr. Gao has a friendship with Xia Dingji, the 'master of wealth'. Have you heard of the exact new policy changes in foreign exchange?"

Gao Xian gently put down the cup and slowly replied: "at the end of this year, the Zhengfu will announce the lifting of foreign exchange control, cancel the agreement that bank assets need Sterling guarantee, and allow banks to mobilize overseas assets in any form of currency."

Ma Jingxi brightened his eyes and said, "in this way, the opportunity to fry foreign exchange has indeed come."

Ma Jingxi, who wanted to pull Ma Jingxi out of the pit of bottom reading Xiangjiang stock market, asked quietly, "boss Ma, are you interested in continuing our cooperation in new fields?"

"I always hope to let Yongda follow Mr. Gao to experience." Ma Jingxi glanced at Ma Yongda and said, "but in this way, I can't invest money in the stock market."

Ma Yongdao then said, "Dad, you have spent almost 300 million to copy the bottom of the stock market. You can't put eggs in one basket. It's necessary to spread the risk."

Ma Jingxi smiled happily and said, "you're right. You've really made a lot of progress!"




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