Rebirth: The Financial Giant

The time has come to Wednesday, August 15. Today's market performance has disappointed countless investors who had high hopes for the securities sector. The securities sector closed down nearly 5 points today, and the Shanghai index also fell by more than 2 percentage points today.

Tiansheng Holdings fluctuated at the price of 35,000 yuan for a few days, and did not break out of the market's expectation of breaking up to a record high, but fell below the 35,000 mark and stepped back.

The expectations for the securities sector have been disappointing again and again, which makes many investors swear to buy securities again.

In fact, the stagflation of the securities sector in the past three days has already made investors feel uneasy. When stagflation occurred for the first time on Monday, it was nothing. Yesterday, the stagflation again made investors smell the danger, but they did not leave because they still had A touch of fantasy.

The reason for not going is that they saw a huge amount of volume at the bottom of this sector. Most of the investors plan to set up a pattern for another day, but there are only three things. If today’s heavy volume is still stagnant, then temporarily avoid risks.

Well, today's performance is not a problem of stagflation, the opening fell sharply, and all were caught.

Investors didn't have time to sell at all, because many people were not decisive enough to stop loss operations, and they lost more and more in a period of hesitation, and then more and more hesitant.

At this point, what the investors thought was, if this is the main force washing the dishes, after the meat is cut, it will not take off and explode on the spot?

So I planned to set up again, anyway, the current position is not high, anyway, it is like this, the big deal is lying upside down and pretending to die.

The active pattern has become a passive pattern, and the classic short-term change to the mid-line and the mid-line to long-term will be staged again, and the long-term line may become a contribution again.

...

Thursday the following day.

In the morning, Lu Ming came to work in the company today, but did not attend today's morning meeting. After sitting in his office for a while, he looked at the performance of the gold market.

Open today's gold market took a look.

"Oh..." Lu Ming looked at the data on the computer screen, and the market situation came out of the reality that while he was sleeping last night, the global gold market experienced a sharp drop.

London Gold and New York Gold both fell by more than -1.5%, and they fell to a new low for the year. Domestic gold TD also hit a new low for the year, and it was a technical breakdown.

Out of such a market, the bulls of the technical analysis school either cut the meat to stop the loss, or followed the market backhand and went in empty.

Lu Ming saw Qi Wei's material report on his desk. This is a summary of the recent position adjustment of gold as an investment product according to Lu Ming's instructions. The short funds have closed all positions last night.

Tiansheng Capital's diving capital is not a small amount, and it is superimposed on the leverage ratio. After closing the short position last night, of course, it was backhand to open further. Not only Tiansheng Capital's diving capital began to go long, but also on a global scale There are also many investors who are opening long orders.

It is reflected in the trend chart, which is a red cross star K-line that has recovered after a sharp drop. London gold is the most obvious, and the lowest level is 1159.96.

From the sharp fall on August 13th and 15th, to the further acceleration of the sharp fall last night and the recovery, from the technical analysis point of view, the K line of this red cross star is the so-called gold needle bottoming out.

The next important thing in the financial market is that the US dollar is expected to raise interest rates again. The interest rate hike means that the US dollar is showing a strong performance. Once the currency appreciates, it will affect the exchange rate market. .

Usually, when the dollar appreciates, gold will fall, and if the dollar falls, gold will rise.

The US dollar has raised interest rates twice this year, while gold has continued to fall, which also verifies this inverse logical relationship.

But this is not absolute. The next US dollar interest rate hike will not only keep gold from falling, but will start a booming and vigorous gold bull market from the end of the third quarter of this year.

The reason is the issue of US dollar credit and US debt. To put it simply, the old and the US have printed too much money in the past few years, and in the next two years, they have been printing money frantically. Investors all over the world have little confidence in the US dollar.

In short, this is the result of the sharp fall in the credit of the US dollar, and the safe-haven nature of gold is once again reflected.

There is an old saying in China called "Antiques in prosperous times, gold in troubled times", which shows that in times of war and turmoil or when financial and economic crises break out, gold has better liquidity than all kinds of banknotes, and has played a good risk-avoiding effect. Value preservation.

In another financial tsunami, people will definitely prefer gold over green paper dollars.

After watching the trend of the gold market for a while, Lu Ming then picked up the landline and called Han Qiulin to call her into his office.

"Chairman, what are your orders?"

Lu Ming sat at his desk, leaned on the boss chair and pondered for a moment. When he saw Han Qiulin coming in, he asked, "What is the current state of pricing power in our A-share market?"

Han Qiulin didn't expect Lu Ming to ask such a question, but in her current position, she must be able to answer such a question in a timely manner, and she said after a while: "I need to sort out the materials for the specific industry segment, so that the big picture will come up. It is said that the pricing power of the A-share market is now in a three-pronged pattern, I Tiansheng Capital + overseas capital, and senior management.”

The so-called pricing power, whether it has pricing power, the simplest example is that the market is anchored by it. For example, in which industry Tiansheng Capital enters, the stock price of listed companies in this industry will rise in volume and price, and vice versa. Industry, the stock price of listed companies in this industry will crash and plummet.

This is called pricing power.

The current Tiansheng Capital must have a certain amount of pricing power. The most intuitive manifestation is that Lu Ming sang a lot of gold in the first half of the year, and directly pushed out a super market price of Zijing Mining.

However, it still has not achieved a considerable degree of dominance in the market pricing power. For example, in the big technology sector represented by new energy and chip semiconductors, especially in the new energy sector, the market does not buy Lu Ming's account very much. It is still falling, and it is almost touching the cost line of Tiansheng Capital Investments holding major targets.

Some have already experienced floating losses of more than 10 percentage points. If it were not for the fixed increase, the book floating losses would have exceeded 30%.

However, for Tiansheng Capital, the current results can be said to be quite outstanding. After all, the company was established in 2015 and has its current influence. It is difficult to find a second company in the world.

Seeing that Lu Ming was holding a copy of the golden material in silence, Han Qiulin folded her hands and held her chin thoughtfully and said, "The current conclusions are very clear, the downward trend of Magnesium's debt and real interest rates, and The high-level people should also understand this truth, why haven't countries snapped up gold yet?"

Hearing her question, Lu Ming smiled and spread his hands: "It doesn't matter~www.wuxiamtl.com~ Gold is meaningless to the country, as long as you have the right to mint coins, what do you want gold for?"

Han Qiulin said concisely: "What's the point?"

Lu Ming: "The reason is very simple. For a country, military power is far more important than gold. Can it be said that countries will be able to move out dozens of tons of gold in the future to seize global credit like they did in the last century?"

With that said, Lu Ming came out of his desk and walked towards the sofa in the lounge area, "It can only be said that gold should be allocated as a major asset class. We can do this kind of thing, and the country doesn't have to do it in person. , for the shaping of national credit, this thing is not needed at all. After the Second World War, the Bretton Woods system was decoupled from gold, and the credit of the United States did not depend on gold.”

Lu Ming went to the sofa, crossed Erlang's legs and glanced at Han Qiulin's slow addition: "... rely on your fists, how hard your fists are, and how hard the paper tickets you print out. Specifically, talents, education , high technology, and the most important military force in the world, so why do you want gold? Then our country is also a reason, the country does not need to allocate gold at all, in the end, what really seizes is the military, education, and talents.”

"And these are precisely the elements that are the core support for innovation and productivity. Whoever gets this has the strongest credit in the world, and whoever can't get it is completely complete. Understand these and you can understand that the current trade war is not trade at all. , technology, trade, technology, including this anchor of global pricing are all one thing.”

"Laomei wants to hold off our technological innovation, and then let Musk and his gang quickly go to Mars, new energy revolution, 5G and other innovative fields to complete the next big technological leap ahead of us and lead the world, and then we will be able to form By reducing the dimensionality and attacking the general absolute advantage, Laomei can continue to ensure the current status and sit back and relax."

...