28: What kind of world is this?
Today's Intelligence (Level 2): Based on global market sentiment, gold prices are expected to continue rising. The host can invest in the short term (Note: The market has risks, investment needs to be cautious, it is recommended that the host act within their means).
“Huh?”
Ye Su was already prepared. If the intelligence refreshed at midnight still contained good opportunities for a bargain, he would immediately find an excuse to leave Chen Xinyi’s tender embrace.
However, when he saw that this intelligence update was actually an investment tip, Ye Su was instantly dumbfounded.
“Gold prices will continue to rise?”
“What is this? It’s so vague.”
“At least tell me what price it will rise to, or how long it will continue to rise!”
“Don’t tell me ‘short term’ and then it’s just for one day, so I invest today and it falls tomorrow!”
Ye Su was unsure if the system’s vague intelligence was because gold prices were too significant, exceeding the system’s predictive capabilities.
Or was it because this was only a Level 2 intelligence, so he was only privy to such vague information.
“Can the price of gold really still rise?”
Over the past year, the speed at which gold prices have increased has astonished the world. Even Ye Su’s short video account, which only followed edge-of-the-seat streamers and paid no attention to the financial market, frequently saw news about gold prices rising again.
Holding the belief that “once everyone knows something makes money, that’s when capital starts to harvest the leeks,” Ye Su had also considered buying a little gold as an investment when its price eventually dropped.
But the more he waited, the higher gold rose.
The higher it rose, the more Ye Su dared not buy.
The more he dared not buy, the more gold broke through to new historical highs.
This formed a vicious cycle, leaving Ye Su to only watch gold appreciate, regretting why he hadn’t decisively bought it in the first place.
With a skeptical attitude, Ye Su picked up his phone and began to check today’s gold price:
“Holy crap, 701 yuan per gram. What’s going on in this world?!”
Seeing such a price, Ye Su even began to doubt the authenticity of this intelligence.
“What are you muttering about?”
Chen Xinyi, beside him, stretched, generously displaying her “assets” before Ye Su’s eyes.
“Nothing, I was saying that the current gold price has risen too exaggeratedly. A gram has already broken through seven hundred yuan!”
“More than seven hundred. You’re probably looking at the gold price. I checked the price of gold jewelry a few days ago, and those brands of gold jewelry are already over nine hundred per gram now.”
“So, ten thousand yuan now can’t even buy a decent gold bracelet?”
“That’s right.” Chen Xinyi pouted, looking pained: “If only I had known, when I looked at gold jewelry last year, I would have gritted my teeth and bought that bracelet! Do you know how much a gram was at the gold store back then? Six hundred sixty!”
“In one year, it increased by one-third. That’s truly exaggerated!”
Only after Chen Xinyi said this did Ye Su truly realize how outrageous the current gold price was.
“Yes.” Chen Xinyi rubbed her wrist: “Next time the gold price drops, I’ll definitely go and get that bracelet!”
Indeed, most people’s thoughts were the same as Ye Su’s; they were all waiting for the gold price to fall.
“I thought you girls all liked diamonds and such, and only considered buying gold in middle age. I didn’t expect you to skip decades of detours and start liking gold now.”
“What’s the use of diamonds? They’re just used to trick those young girls. If you buy a diamond ring for ten thousand yuan, you might only get a thousand yuan back when you resell it. It’s better to buy gold jewelry for its value. If you get laid off at 35, at least you can sell the gold jewelry to tide you over for a while.”
“You say diamonds are for tricking young girls, but aren’t you still a young lady? How come you weren’t tricked?”
Ye Su glanced at the scenery revealed beneath Chen Xinyi’s quilt: “Oh, right, you’re a big girl.”
Chen Xinyi was already used to it and couldn’t be bothered to argue with Ye Su, merely giving him an annoyed kick.
“But if you want to get a gold bracelet, I don’t think you’ll have much of a chance in the short term.”
“Why?”
“Because I think gold will continue to rise.”
“Really or fake?”
“I guessed it.”
Having slept with her several times, Ye Su felt he should at least give her some benefit.
However, the system didn’t predict the specific future trend of gold prices, so Ye Su could only vaguely reveal the news to Chen Xinyi like this.
As for whether she could seize this opportunity to make a windfall, or if she would be too greedy and get her money trapped, that would depend on her own actions.
“Hmph.” Chen Xinyi scoffed: “You guessed it? Someone who didn’t know would think you were a financial expert.”
Ye Su didn’t care: “Believe it or not, I plan to buy some gold funds from Old Ma to earn a little living expense.”
Actually, Ye Su’s idea was still to buy gold futures.
Knowing that gold would continue to rise, if he chose to buy gold funds, even if gold could rise another 10% in the future, even if he gathered fifty thousand yuan, he would only earn 5000 yuan.
Such a valuable piece of intelligence, yet only earning this little money, Ye Su felt it was too much of a pity.
To maximize profits, gold futures were naturally his best choice at the moment.
Ye Su had just checked; buying one lot of gold futures in China was 1000 grams. Based on the current gold price and a 12% margin, one lot of gold futures would cost about eighty thousand yuan.
Ye Su currently only had less than thirty thousand yuan, which was clearly not enough to meet the threshold for buying one lot of gold futures.
Fortunately, he had a long-term cooperative relationship with the two Old Mas. Borrowing a sum of money from them to gather enough margin for one lot of gold futures shouldn’t be a big problem.
“If the available margin in the account falls below the exchange’s stipulated maintenance margin level, the exchange will issue a margin call. If the margin is not replenished in time, the exchange will forcibly liquidate the position.”
Let alone gold options, Ye Su hadn’t even bought stocks before. Now, relying on this to make quick money, Ye Su could only be cautious and meticulous, understanding the rules as thoroughly as possible.
Lest he rush in and end up becoming capital’s leek.
“A 12% margin is roughly eight times leverage. My losses will also be magnified eight times. If the maintenance margin ratio is 8%, and the gold price drops by more than four points, if I can’t replenish the margin in time, I’ll be forced to liquidate.”
“Even eight times leverage can lead to liquidation so easily, let alone those gamblers with dozens of times leverage. No wonder I used to see news about Bitcoin where hundreds of thousands of people were liquidated at once. So the risk of using leverage is so high!”
The intelligence’s prediction only stated that gold prices would continue to rise, but it didn’t guarantee that there would be no fluctuations during the rise. If capital seized the opportunity to ambush retail investors, Ye Su’s money would just be wasted.
“It seems that in addition to gathering the minimum eighty thousand yuan margin, it’s best to also gather some reserve funds, so as to minimize the risk.”
Besides borrowing money from the two Old Mas, another Level 2 intelligence would be refreshed tomorrow morning.
Ye Su estimated that gathering one hundred thousand yuan shouldn’t be a big problem.
If one hundred thousand yuan was still not enough.
His three roommates were all from ordinary families; they would be willing to chip in, but at most it would be a few thousand yuan, not much help.
Ye Su then turned his attention to the woman beside him: she had worked in Yangcheng for several years, so she should have some savings, right?
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