Chapter 389
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Gao Xian and Federal Reserve chairman Arthur burns know each other, but Gao Xian does not intend to spend much energy and rush to contact each other, because there is no need.
You know, in the face of various questions, dignitaries such as the chairman of the Federal Reserve have long practiced Taiji and deliberately tried to test. They can only get the other party's tight lipped, which makes their working methods inferior. It's better to patiently seek verification through other channels.
This will inevitably take time. Gao Xian turned to his existing contacts to further investigate the futures trading operation mechanism in New York and Chicago. Among them, the cultivation and introduction of talents have long been almost the same, mainly due to the international cooperation in futures trading.
The futures market in this era is not too hot to describe.
One reason is naturally that after the collapse of the Bretton Woods system, the US dollar is no longer equivalent to gold, banknotes are printed and depreciated continuously, and the value preservation properties of precious metals such as gold and silver have attracted a large number of speculators.
Coincidentally, the oil crisis has intensified this trend and made crude oil futures a hot spot.
In addition, soybean, as one of the futures varieties of agricultural products, has just experienced a big bull market. During this period, the soybean price on the Chicago Futures Exchange hit an increase of more than 600%. It was even created a short "shortage" by speculators, so that big players like the hunter family made hundreds of millions of dollars.
It is necessary to point out that, just as Xiangjiang's securities market supervision was full of holes exposed by the stock market frenzy in the early 1970s, the financial supervision in the United States is mature, but it is not impeccable. For example, big players like the hunter family can actually open multiple accounts and manipulate the market.
In this case, the risk of the futures market is alarming step by step.
Silver futures is a good example. Its price was raised from two dollars to more than six dollars by speculators. As a result, Mexico Zhengfu resolutely arbitraged 50 million ounces at a cost price lower than two dollars, and hit the price below four dollars at once, which fully explains what a zero sum game is.
Fortunately, silver is a metal. Even if it has to be delivered, it won't rot in your hand. But if it is replaced with agricultural products such as soybeans, you can only witness how it turns into organic fertilizer.
Although Gao Xian can resist the risk of turning into organic fertilizer to some extent, his operation still follows the general trend conservatively and is satisfied with making hundreds of dollars each time.
Because there are still many inconveniences in trading methods in this era. For example, the trading process in the Chicago futures exchange still depends on manual operation. In case of an unexpected emergency, Gao Xian may not have time to respond.
In addition, Xiang * * * * also needs to continuously invest resources for consolidation. The principle of high string is to put stability first.
Patricia, who accompanied Gao Xian through major cities in the United States, although she had a good time, she could also help with the above books.
Seeing Gao Xian's arrangement, margin increase and purchase of soybean contracts this year, Patricia was surprised: "this cycle has ended. Why do you want to buy?"
Gao Xian patiently explained: "since last year, soybean production in the United States has decreased. I expect there will be a real gap between supply and demand this year."
Patricia suddenly smiled. "It doesn't show our ability to make money with others."
Gao Xian was amused, hugged the little maid's waist and asked, "you will graduate from college this year. Do you have any plans for further study?"
Patricia looked up at the high string and replied, "I listen to you."
Gao Xian thought for a moment. Patricia is only in her early twenties. She is a playful age and doesn't have much mind to look after her children. She'd better use reading to fill her time when she's not around. So he suggested: "then continue to study. No matter what major she is, she can help me in art collection, charity, business and so on in the future."
When Gao Xian said she could help him, Patricia clapped her hands happily and said immediately, "then I'll go to study for an MBA."
Gao Xianchong fondled Patricia's face. "Just like it."
……
Gao Xian, who travels on the east coast of the United States, also made a special trip to the west coast of the United States, because a batch of imported goods arrived in Los Angeles. This is a great achievement for Gao Xian as the chairman of the Xiangjiang Trade Development Bureau. Naturally, he should show his face.
This year is a little special for the United States. It is not only the year of the general election, but also the bicentenary of the founding of the United States.
Therefore, whether it is the need for patriotic education or the drive of the struggle for governance, such a special year will become a hot spot.
In fact, as early as July 4, 1966, the national day of the United States, the American Congress passed a resolution to establish a committee to commemorate the bicentennial of the founding of the United States and began preparations for commemorative activities.
However, the layout of the plan is a little small, just an urban Expo in Philadelphia or Boston. The idea is not difficult to understand. When the United States issued the declaration of independence and broke away from British colonial rule, the main participants were 13 cities on the east coast of the United States, including Philadelphia.
Obviously, if the simple commemoration of the bicentenary of the founding of the United States is increasingly dissatisfied with politicians, such as the almost shameful haze of the defeat in the Vietnam War, it is necessary to get rid of it with the help of a grand commemoration.
Thus, at the end of 1973, the US Bicentennial Committee was dissolved and replaced by the US Bicentennial administration, which is responsible for encouraging and coordinating sponsorship and commemorative activities throughout the United States.
To put it bluntly, the bicentennial anniversary of the founding of the United States has changed from the first urban Expo to commemorative activities throughout the United States.
Obviously, this is a great business opportunity. As long as any commodity is printed with red, white and blue, it can be stained with the light of souvenirs.
Although at this stage, in order to solve the problem of trade deficit, the United States has introduced policies such as levying additional tax on imported products, in order to give the last fatal blow to the "imperial preferential system" of the Commonwealth and win over the members of the Commonwealth, the United States has implemented the tariff preference for Xiangjiang at the end of last year.
Therefore, the pressure on Xiangjiang's exports to the United States can still be borne. When Gao Xian was active in the United States, he also wholeheartedly performed the duties of chairman of the Xiangjiang Trade Development Council and helped contact a lot of business.
The container ship that arrived in Los Angeles was full of clothes, toys and other goods, worth millions of dollars. The bosses of relevant companies also came to Los Angeles in person.
Amid the compliments of Gao jazz, Gao Xian greeted these Xiangjiang businessmen to the Xiangjiang chamber of Commerce in Los Angeles and talked about the plan of making a fortune.
Gao Xian's words reveal a meaning. It's not easy for everyone to earn some dollars. Don't worry about changing back to Xiangjiang. It's better to make two rounds in the United States.
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Gao Xian and Federal Reserve chairman Arthur burns know each other, but Gao Xian does not intend to spend much energy and rush to contact each other, because there is no need.
You know, in the face of various questions, dignitaries such as the chairman of the Federal Reserve have long practiced Taiji and deliberately tried to test. They can only get the other party's tight lipped, which makes their working methods inferior. It's better to patiently seek verification through other channels.
This will inevitably take time. Gao Xian turned to his existing contacts to further investigate the futures trading operation mechanism in New York and Chicago. Among them, the cultivation and introduction of talents have long been almost the same, mainly due to the international cooperation in futures trading.
The futures market in this era is not too hot to describe.
One reason is naturally that after the collapse of the Bretton Woods system, the US dollar is no longer equivalent to gold, banknotes are printed and depreciated continuously, and the value preservation properties of precious metals such as gold and silver have attracted a large number of speculators.
Coincidentally, the oil crisis has intensified this trend and made crude oil futures a hot spot.
In addition, soybean, as one of the futures varieties of agricultural products, has just experienced a big bull market. During this period, the soybean price on the Chicago Futures Exchange hit an increase of more than 600%. It was even created a short "shortage" by speculators, so that big players like the hunter family made hundreds of millions of dollars.
It is necessary to point out that, just as Xiangjiang's securities market supervision was full of holes exposed by the stock market frenzy in the early 1970s, the financial supervision in the United States is mature, but it is not impeccable. For example, big players like the hunter family can actually open multiple accounts and manipulate the market.
In this case, the risk of the futures market is alarming step by step.
Silver futures is a good example. Its price was raised from two dollars to more than six dollars by speculators. As a result, Mexico Zhengfu resolutely arbitraged 50 million ounces at a cost price lower than two dollars, and hit the price below four dollars at once, which fully explains what a zero sum game is.
Fortunately, silver is a metal. Even if it has to be delivered, it won't rot in your hand. But if it is replaced with agricultural products such as soybeans, you can only witness how it turns into organic fertilizer.
Although Gao Xian can resist the risk of turning into organic fertilizer to some extent, his operation still follows the general trend conservatively and is satisfied with making hundreds of dollars each time.
Because there are still many inconveniences in trading methods in this era. For example, the trading process in the Chicago futures exchange still depends on manual operation. In case of an unexpected emergency, Gao Xian may not have time to respond.
In addition, Xiang * * * * also needs to continuously invest resources for consolidation. The principle of high string is to put stability first.
Patricia, who accompanied Gao Xian through major cities in the United States, although she had a good time, she could also help with the above books.
Seeing Gao Xian's arrangement, margin increase and purchase of soybean contracts this year, Patricia was surprised: "this cycle has ended. Why do you want to buy?"
Gao Xian patiently explained: "since last year, soybean production in the United States has decreased. I expect there will be a real gap between supply and demand this year."
Patricia suddenly smiled. "It doesn't show our ability to make money with others."
Gao Xian was amused, hugged the little maid's waist and asked, "you will graduate from college this year. Do you have any plans for further study?"
Patricia looked up at the high string and replied, "I listen to you."
Gao Xian thought for a moment. Patricia is only in her early twenties. She is a playful age and doesn't have much mind to look after her children. She'd better use reading to fill her time when she's not around. So he suggested: "then continue to study. No matter what major she is, she can help me in art collection, charity, business and so on in the future."
When Gao Xian said she could help him, Patricia clapped her hands happily and said immediately, "then I'll go to study for an MBA."
Gao Xianchong fondled Patricia's face. "Just like it."
……
Gao Xian, who travels on the east coast of the United States, also made a special trip to the west coast of the United States, because a batch of imported goods arrived in Los Angeles. This is a great achievement for Gao Xian as the chairman of the Xiangjiang Trade Development Bureau. Naturally, he should show his face.
This year is a little special for the United States. It is not only the year of the general election, but also the bicentenary of the founding of the United States.
Therefore, whether it is the need for patriotic education or the drive of the struggle for governance, such a special year will become a hot spot.
In fact, as early as July 4, 1966, the national day of the United States, the American Congress passed a resolution to establish a committee to commemorate the bicentennial of the founding of the United States and began preparations for commemorative activities.
However, the layout of the plan is a little small, just an urban Expo in Philadelphia or Boston. The idea is not difficult to understand. When the United States issued the declaration of independence and broke away from British colonial rule, the main participants were 13 cities on the east coast of the United States, including Philadelphia.
Obviously, if the simple commemoration of the bicentenary of the founding of the United States is increasingly dissatisfied with politicians, such as the almost shameful haze of the defeat in the Vietnam War, it is necessary to get rid of it with the help of a grand commemoration.
Thus, at the end of 1973, the US Bicentennial Committee was dissolved and replaced by the US Bicentennial administration, which is responsible for encouraging and coordinating sponsorship and commemorative activities throughout the United States.
To put it bluntly, the bicentennial anniversary of the founding of the United States has changed from the first urban Expo to commemorative activities throughout the United States.
Obviously, this is a great business opportunity. As long as any commodity is printed with red, white and blue, it can be stained with the light of souvenirs.
Although at this stage, in order to solve the problem of trade deficit, the United States has introduced policies such as levying additional tax on imported products, in order to give the last fatal blow to the "imperial preferential system" of the Commonwealth and win over the members of the Commonwealth, the United States has implemented the tariff preference for Xiangjiang at the end of last year.
Therefore, the pressure on Xiangjiang's exports to the United States can still be borne. When Gao Xian was active in the United States, he also wholeheartedly performed the duties of chairman of the Xiangjiang Trade Development Council and helped contact a lot of business.
The container ship that arrived in Los Angeles was full of clothes, toys and other goods, worth millions of dollars. The bosses of relevant companies also came to Los Angeles in person.
Amid the compliments of Gao jazz, Gao Xian greeted these Xiangjiang businessmen to the Xiangjiang chamber of Commerce in Los Angeles and talked about the plan of making a fortune.
Gao Xian's words reveal a meaning. It's not easy for everyone to earn some dollars. Don't worry about changing back to Xiangjiang. It's better to make two rounds in the United States.
Gao Xian and Federal Reserve chairman Arthur burns know each other, but Gao Xian does not intend to spend much energy and rush to contact each other, because there is no need.You know, in the face of various questions, dignitaries such as the chairman of the Federal Reserve have long practiced Taiji and deliberately tried to test. They can only get the other party's tight lipped, which makes their working methods inferior. It's better to patiently seek verification through other channels.This will inevitably take time. Gao Xian turned to his existing contacts to further investigate the futures trading operation mechanism in New York and Chicago. Among them, the cultivation and introduction of talents have long been almost the same, mainly due to the international cooperation in futures trading.The futures market in this era is not too hot to describe.One reason is naturally that after the collapse of the Bretton Woods system, the US dollar is no longer equivalent to gold, banknotes are printed and depreciated continuously, and the value preservation properties of precious metals such as gold and silver have attracted a large number of speculators.Coincidentally, the oil crisis has intensified this trend and made crude oil futures a hot spot.In addition, soybean, as one of the futures varieties of agricultural products, has just experienced a big bull market. During this period, the soybean price on the Chicago Futures Exchange hit an increase of more than 600%. It was even created a short "shortage" by speculators, so that big players like the hunter family made hundreds of millions of dollars.It is necessary to point out that, just as Xiangjiang's securities market supervision was full of holes exposed by the stock market frenzy in the early 1970s, the financial supervision in the United States is mature, but it is not impeccable. For example, big players like the hunter family can actually open multiple accounts and manipulate the market.In this case, the risk of the futures market is alarming step by step.Silver futures is a good example. Its price was raised from two dollars to more than six dollars by speculators. As a result, Mexico Zhengfu resolutely arbitraged 50 million ounces at a cost price lower than two dollars, and hit the price below four dollars at once, which fully explains what a zero sum game is.Fortunately, silver is a metal. Even if it has to be delivered, it won't rot in your hand. But if it is replaced with agricultural products such as soybeans, you can only witness how it turns into organic fertilizer.Although Gao Xian can resist the risk of turning into organic fertilizer to some extent, his operation still follows the general trend conservatively and is satisfied with making hundreds of dollars each time.Because there are still many inconveniences in trading methods in this era. For example, the trading process in the Chicago futures exchange still depends on manual operation. In case of an unexpected emergency, Gao Xian may not have time to respond.In addition, Xiang * * * * also needs to continuously invest resources for consolidation. The principle of high string is to put stability first.Patricia, who accompanied Gao Xian through major cities in the United States, although she had a good time, she could also help with the above books.Seeing Gao Xian's arrangement, margin increase and purchase of soybean contracts this year, Patricia was surprised: "this cycle has ended. Why do you want to buy?"Gao Xian patiently explained: "since last year, soybean production in the United States has decreased. I expect there will be a real gap between supply and demand this year."Patricia suddenly smiled. "It doesn't show our ability to make money with others."Gao Xian was amused, hugged the little maid's waist and asked, "you will graduate from college this year. Do you have any plans for further study?"Patricia looked up at the high string and replied, "I listen to you."Gao Xian thought for a moment. Patricia is only in her early twenties. She is a playful age and doesn't have much mind to look after her children. She'd better use reading to fill her time when she's not around. So he suggested: "then continue to study. No matter what major she is, she can help me in art collection, charity, business and so on in the future."When Gao Xian said she could help him, Patricia clapped her hands happily and said immediately, "then I'll go to study for an MBA."Gao Xianchong fondled Patricia's face. "Just like it."Gao Xian, who travels on the east coast of the United States, also made a special trip to the west coast of the United States, because a batch of imported goods arrived in Los Angeles. This is a great achievement for Gao Xian as the chairman of the Xiangjiang Trade Development Bureau. Naturally, he should show his face.This year is a little special for the United States. It is not only the year of the general election, but also the bicentenary of the founding of the United States.Therefore, whether it is the need for patriotic education or the drive of the struggle for governance, such a special year will become a hot spot.In fact, as early as July 4, 1966, the national day of the United States, the American Congress passed a resolution to establish a committee to commemorate the bicentennial of the founding of the United States and began preparations for commemorative activities.However, the layout of the plan is a little small, just an urban Expo in Philadelphia or Boston. The idea is not difficult to understand. When the United States issued the declaration of independence and broke away from British colonial rule, the main participants were 13 cities on the east coast of the United States, including Philadelphia.Obviously, if the simple commemoration of the bicentenary of the founding of the United States is increasingly dissatisfied with politicians, such as the almost shameful haze of the defeat in the Vietnam War, it is necessary to get rid of it with the help of a grand commemoration.Thus, at the end of 1973, the US Bicentennial Committee was dissolved and replaced by the US Bicentennial administration, which is responsible for encouraging and coordinating sponsorship and commemorative activities throughout the United States.To put it bluntly, the bicentennial anniversary of the founding of the United States has changed from the first urban Expo to commemorative activities throughout the United States.Obviously, this is a great business opportunity. As long as any commodity is printed with red, white and blue, it can be stained with the light of souvenirs.Although at this stage, in order to solve the problem of trade deficit, the United States has introduced policies such as levying additional tax on imported products, in order to give the last fatal blow to the "imperial preferential system" of the Commonwealth and win over the members of the Commonwealth, the United States has implemented the tariff preference for Xiangjiang at the end of last year.Therefore, the pressure on Xiangjiang's exports to the United States can still be borne. When Gao Xian was active in the United States, he also wholeheartedly performed the duties of chairman of the Xiangjiang Trade Development Council and helped contact a lot of business.The container ship that arrived in Los Angeles was full of clothes, toys and other goods, worth millions of dollars. The bosses of relevant companies also came to Los Angeles in person.Amid the compliments of Gao jazz, Gao Xian greeted these Xiangjiang businessmen to the Xiangjiang chamber of Commerce in Los Angeles and talked about the plan of making a fortune.Gao Xian's words reveal a meaning. It's not easy for everyone to earn some dollars. Don't worry about changing back to Xiangjiang. It's better to make two rounds in the United States.
