Chapter 685: Is it a hundred times?

"Cough..." Li Zitao was shocked this time, and his mouth was four to five hundred times. Are you crazy or floating?
Rubbing his temples with his fingers, Li Zitao suddenly wondered why Barclays was so enthusiastic at once.
"Is it too high?" Li Zitao asked pretendingly.
"This is to believe you, Charlie." Andrews said with a smile.
100 million, 500 times, "I am afraid that my photos will appear in the black market, please hang the red reward amount!"
Thinking of this possibility, Li Zitao felt that it was better to be safe. It would be good to have a 100-fold play. The account with Morgan was not finished, and it was too high-profile.
"100 times, time... 2 months." 100 times, the risk is Li Zitao can bear, he is still not suitable for too crazy rhythm.
Besides, there are not many who dare to use it at 100 times, and this is not a counsel!
"Don't you think about raising it more?" Andrews asked again, as if he specifically hoped he could increase his leverage.
"No, 100 times is enough. What is the margin ratio?" Li Zitao said with certainty.
The more enthusiastic the other party is, the more careful he is, but the Great Depression undoubtedly proves that his memory is correct. Such a good opportunity to make money is a pity.
It will be at the end of the month in two days. If you remember correctly, in early November, China will announce its departure from the silver standard and announce the introduction of a new currency system.
In fact, this is not a big blow to the price of silver. Next, Washington announced that it would stop buying silver, which was the reason for the plunge in silver.
The reason why Washington stopped buying silver is to force China to link the fiat currency to the US knife and let it join the US knife group.
This suspension of purchase is inevitable, because if Washington continues to acquire, Huaguo will have enough silver in the market in exchange for foreign exchange, and successfully joined the pound group.
This has something to do with the future status of the United States, the interests in the Far East and the international status of the US knife. Roosevelt will never let fiat currency join the pound group.
After negotiating the margin, the ratio was 11.9%. Li Zitao left the rest to the think tank. The think tank knew more about it than he did.
"If you remember correctly, the value of this transaction will be doubled." Li Zitao pulled the cuffs and thought, should I equip myself with a few more good watches.
Not to mention that the decline in memory is more than half, that is, only a third, he can also earn a small half of the blue and white chamber of commerce, and this is cash!
Market value is market value, and cash is cash.
Roughly calculated, Li Zitao's current value is at least 5 billion, and the available cash is 100 million. How many people with a value of 100 million are asking him to give 1 million is a problem.
At this point, Li Zitao is no different from other capitalists. The only difference is that the industrial debt ratio under his name is particularly low.
Skunk is not counted, otherwise it should have gone bankrupt due to its debt ratio.
"If you can sell a few hundred more luck, the skunk's debt can also be repaid." Thinking of this, Li Zitao was more interested in the inspection in the past few days.
While Li Zitao was paying attention to his trade, there was a new silver single shot in the New York market.
15 kg/hand, more than 5,000 hands sold.
The next day, as usual, 30,000 lots were sold at 15 kg/lot. The silver price dropped slightly that day, but it was soon pulled to the 80-cent line.
The third day sold less, only less than 2,000 lots.
On the fourth day, on November 1, 20,000 lots were sold.
Just when many buyers were curious about who it was, this account disappeared. It seems that the silver in the other party's hands is empty. Since this is the case, there is no need to pay attention.
Only Li Zitao knew that this was Mobil's shipment, and 30 million ounces of silver were all sold out, making a profit of more than 20 million.
On November 3, in anxious waiting, Li Zitao finally heard the good news.
The Ministry of Finance of the Xijing Government issued an announcement announcing the nationwide implementation of the fiat currency system.
This reform has completely decoupled China's currency from silver and is no longer limited by the market pressure brought about by the outflow of silver.
However, the Xijing government lacked enough gold and silver to determine the gold content of the fiat currency. Next, they should purchase gold and silver in the country and then ship it to the London Metal Exchange to cash out in exchange for sufficient foreign exchange to make reserve funds.
By that time, Roosevelt should not be able to sit still, and he would earn a lot of money and close the position.
Silver price fluctuations have been very small recently. London has been fixed at around 36p, and New York is around 80 cents.
"Boss, this operation is too risky, two levels of volatility will make you bankrupt." Communicating with London on the phone at all times, this is a bit complaining.
In these days, the cost of overseas phone calls is tens of thousands of dollars. 24 hours a day, the think tank is stared at for 24 hours.
Unless the signal is unstable and suddenly disconnected, the phone is connected at other times, and the changes at each point are transmitted to the think tank through the other side of the ocean.
What makes Ben feel gratified is that there has been no "small" fluctuations in prices so far, only "small" fluctuations, but it will not affect Li Zitao.
"If you want to play~EbookFREE.me~ now is a good opportunity." Li Zitao sat next to him, pointing at the big picture drawn by the think tank and laughing.
"I have already bought 160,000 lots." Ben said calmly.
The Great Depression's "get rich overnight," is a miracle that he will never forget in his life. Since then, Li Zitao has never touched the stock market.
Now that he can speak in person, in terms of this, it means that he has absolute confidence.
Not to mention nothing more than a million dollars. If you really lose it, you will feel distressed for a few days. It will have no effect on him. If you earn it, you will get rich.
"I just said I'm taking a risk...you guy." Li Zitao looked at him for a long time before stunned and pointed at him with a smile.
"I believe your judgment." Ben mouth pulled back.
"If you want to make money, just say... since you got the benefit, I will leave it to you here, hard work." Reaching on Ben's shoulder and pressing, Li Zitao turned and went away.
After staring at the club for several days, he was going to be bored to death. Every day, his heart was also full of ups and downs. It might as well be quiet.
Since the issuance of the fiat currency on the 3rd, the Central Bank announced the foreign exchange rate on the 5th. The first day announced the fiat currency to the pound: 1 fiat currency = 1 shilling and 2.5 pence.
In the next few days, the fiat currency exchange rate was announced day by day, which is actually equivalent to incorporating the fiat currency into the pound group.
"Britains have a lot of industries in China. The fiat currency has joined the pound. The economic relationship between the two sides is closer...Roosevelt is angry now?"
On the way home by car, Li Zitao chuckled to himself, but he was looking forward to Roosevelt's decision early.
As the president of the United States, how could a silver group be threatened, and quickly kill them, "so that I can eat a mouthful of oil!"