American Fortune Life
Chapter 1589: Put it together
There are generally two forces driving the price of gold. One is to buy gold to hedge against economic and social crises, including war.
The other is to deal with inflation and buy gold to maintain value and prevent wealth from shrinking.
Although the US dollar ’s exchange rate against the euro has risen sharply in recent times, it shows that investors are more willing to hold a more liquid dollar in the face of the global economic recession, weakening the hedging nature of gold.
This is also the main reason that Bardstone believes that gold futures will fall in the short term, and even that profit taking will plummet.
However, I am well aware of the general trend of gold, and also know that the strength of the US dollar at this time is just an imaginary Andy. Naturally, he will not disrupt his layout and rhythm for a short-term decline.
Whoever believes that the U.S. dollar will continue to be strong and holds a lot of more liquid U.S. dollars, then, when the skin is torn, they may feel another kind of misery.
Andy believes that the real reason for the rise in the price of gold, in addition to knowing the general trend, is the most important reason is that the current countries around the world are sending money to him with confidence.
The governments of the world's governments in order to save the currency flooded by the crisis will eventually pay the world.
From an economic point of view, the most common and effective way to deal with the economic crisis at the national level is to improve the social security system to protect itself, find new economic growth points out of the quagmire, and flood the currency to pass on the crisis.
And this time the subprime mortgage crisis, governments of all countries are facing one of the most troublesome problems, that is, no new economic growth point can be found. . .
Then it goes without saying that the rest can only be self-protection and pass-through crisis.
As a result, the United States launched an astronomical rescue plan, and the European Union launched a 2.2 trillion euro rescue plan. The great powers of the East are unwilling to fall behind, and have launched a 4 trillion rescue plan! (Ahem, the local government has launched an 18 trillion rescue plan ...)
However, banknotes do not fall from the sky after all. Fortunately, printing is now very developed. With the addition of third-party payments, the rise of electronic money, alas, what he meows is even ink. Costs are saved.
Both the US dollar and the euro are international currencies and have the ability to pass on crises to other countries. We must know that in the world today, 70% of US dollars are in circulation outside the United States. The crazy printing of money by the United States can not only promote the recovery of the domestic economy, but also dilute the US debt.
Oh ~ As for those countries that do not control the international currency, there is no better option than to bear the pain helplessly-of course, they can offer their own nationals. . .
Promiscuous currency will inevitably lead to the depreciation of the currency, which will bury the hidden dangers of inflation. The more currency floods, the greater the risks.
It's just that the governments shivering in the global financial tsunami can no longer afford the future, let's talk about it before tm!
Where else do you care about the lives of other countries, some irresponsible countries are like gangsters and eat Viagra as a meal.
However, the economic recovery and economic growth from the accumulation of hot money are by no means worthy of encouragement, because the hidden dangers have been buried, and they will not escape the stepping on the thunder. Even if you step on it later, it will be blown up!
Under the herd effect, as countries compete to devalue currencies, gold will naturally become the first choice for countries and individuals to hedge against inflation.
The frenzy of gold prices has just begun!
So, Andy Smith, who has hoarded tens of billions of dollars of gold in his hands, is the one who is not afraid of hooliganism around the world!
Sitting in the car, and watching the New York Giants team logos and flags hanging everywhere, celebrating the banner of the streets of New York, Andy couldn't help smirking. Anyway, his Giants brought honors back to New York, letting all New York ’s The people have forgotten the haze of the economic crisis for a while, and they can finally take a good time and finally dispel the gloom scattered over New York, although this is only temporary!
Jeangeorges is the most popular French restaurant in New York and a favorite dining place in New York's high society. The reason for Andy's choice of visitors here is that in addition to the food here, the large glass window can be used to overlook the beauty of Central Park.
The heads of the six major institutions went to the banquet on time. After everyone met, everyone naturally congratulated Andy for a while, and the Giants won the championship. They were all very happy and glorious.
As a business ally, Andy will not forget to invite everyone to the celebration party after the Giants victory parade tomorrow night.
For a rich and exquisite Samsung Michelin-level lunch, Andy and the six allies didn't talk much about Qualcomm's stock. They just chatted and enjoyed lunch.
Before the crowd left the table, the six heads of agencies exchanged glances with each other. It seems strange that Andy has never mentioned that they questioned the sale of Qualcomm stocks. However, everyone is Jing. Andy does n’t mention it. They are naturally Not to mention it.
The six people who originally thought that Andy really invited their ally to dinner to strengthen their ally, walked out of the restaurant door with Andy, and greeted them with a large number of photo cameras, swarming reporters.
"Mr. Smith, how is your progress in acquiring Qualcomm ..."
"Mr. Smith, it is reported that it is true that you have the support of the major shareholders and are ready to take over the board of Qualcomm with absolute advantage ..."
"Have you reached a secret agreement with the six institutional shareholders?"
"Mr. Smith, according to reliable sources, you are selling Qualcomm stock in a large amount, are you prepared to abandon the acquisition ..."
. . . . . .
Questions were called out, and the entire restaurant door was in chaos. The heads of the six major organizations frowned, and their faces became a little ugly, but when they looked at each other, they just saw that there was some space separated by the bodyguards. Andy smiled at each other, and the six people's originally ugly faces were eventually replaced by bitter smiles and shaking their heads.
In recent months, in order to protect its property from being acquired maliciously, Qualcomm has tried all kinds of methods. In addition to declaring that the current 11 board of directors can continue to run against the candidates proposed by Andy, it has also passed Raising the stock price, and at the same time united various partners to voice their resistance to Andy Smith's acquisition, hoping to make Andy retreat.
It is a pity that since the acquisition of enough shares, Andy has ignored the moves of Qualcomm, and is waiting for the convening of the general meeting of shareholders, to overturn the existing board of directors in one fell swoop, so as to achieve the purpose of controlling Qualcomm.
Qualcomm and the white knights who suddenly joined were undoubtedly punched on the cotton. After clumsily dancing like a clown for a long time, they suddenly found that they had a gun ready to kill them. This was undoubtedly a very bitter 13 and depressed one. Thing.
However, they could never think of it. Andy not only had to kill them at the last moment, but also squeezed out the oil and water from them before!
"First of all--"
Facing the noisy and chaotic scene, Andy suddenly stretched out a finger to raise the voice, and magically silenced the noise at the scene. Andy nodded with satisfaction and continued to say, "I will not raise the offer!"
"Second, without my knowledge, the largest individual shareholder, the board of directors of Qualcomm suddenly decided to expedite the purchase of part of AMD's business by spending more than 60 million US dollars, which made me very angry and dissatisfied. They seemed to have forgotten that they were only shareholders. Their spokespersons, they should be responsible for the interests of shareholders, rather than ignore them, they have violated their professional ethics! "
Andy smiled slightly and reached out to the heads of the six major institutions. With the attention of all reporters, he continued: "I am very happy. The public support of the shareholders of the six institutions is a big victory for me and a vote for the board of directors of Qualcomm. Vote of no confidence, thank you all! "
Speaking, Andy reached out with a grateful and sincere expression on his face and smiled, but in his heart were speechless and depressed. The representatives of the six major institutions shook hands and thanked.