Chapter 68 Becoming a Teenage Mutant Ninja Turtle?
"Ugh... my stomach can't take it anymore."
A familiar, sharp pain struck, and Su Hao clutched his stomach, his face turning green.
Sure enough, ordering spicy crayfish delivery late at night was a huge mistake!
Anyone who has played games, especially those who have run large dungeons or led raid groups, understands.
After a high-intensity "battle," I was exhausted and so hungry I could have swallowed a whole cow.
Last night, as soon as his foreign exchange trading ended and his adrenaline subsided, he was so hungry that he immediately ordered 24-hour takeout.
As a result, I impulsively ordered the extra spicy crayfish. It was great to eat, but now look what happened!
I felt like my stomach and intestines were churning, and it felt like a burst of Samadhi Fire could erupt from behind me at any moment.
As the saying goes:
Chrysanthemums wither, wounds cover the ground, and his smile has faded.
"Yesterday's return was 5%... I really risked my life!"
He fought from the moment he opened his eyes at dawn until four o'clock the next morning.
Working non-stop, my eyes were almost bloodshot, and I managed to salvage this victory from that calm market!
Previously, because his funds were temporarily frozen, he had a lot of dragon-slaying skills but nowhere to use them, which made him extremely frustrated.
Until yesterday, the forex account permissions were finally activated.
He was like a wild horse that had broken free of its reins, galloping wildly!
He plunged headlong into the international foreign exchange market, making seven entries and exits, causing chaos and upheaval!
That was incredibly exhilarating!
"It was great, but the market was too dull, so it wasn't quite satisfying."
He smacked his lips, feeling somewhat unsatisfied.
Unfortunately, the global financial markets are currently frozen, stagnant and without any ripples, leaving him with no way to use his dragon-slaying skills.
Most of the time it fluctuates within a narrow range, commonly known as "box movement," making it difficult to find a decent opportunity.
Even the foreign exchange market, which boasts a daily trading volume of trillions, is in such a sluggish state, which shows just how bad the current global economic situation is.
If the market volatility were even greater, he was confident he could add a zero to that number, let alone five percent!
"Although it's a little disappointing, it's still pretty good for a business that's just opened. We should be content with what we have."
He told himself not to panic, not to be impatient, and to take it slow.
Through his experience of playing with candlestick charts for a while, he came to a simple truth:
The so-called K-line trend,
Waves that surge for too long will eventually crash.
If you keep playing, you'll inevitably become a gambler!
The market can't stay stagnant forever; there will always be some restless troublemakers who will jump out and cause trouble.
There will always be some corner of the world, at some unknown time, where some earth-shattering events suddenly erupt.
Then, these events will be like depth charges dropped into a calm lake, instantly triggering a chain reaction in global markets and creating huge waves.
Of course, the stock market in Xia Kingdom...
Well, sometimes I'm a bit unconventional and don't follow the rules, but that's another story.
But now, he's doing more than just small-scale dabbling in China.
All he needs to do is sit back and observe the changing global landscape.
He firmly believed that some earth-shattering event was already brewing.
And that will be the start of a frenzy in a highly volatile market!
The real hunt is about to begin!
"President Su, everything is ready in the conference room," Li Huilin reported as she knocked on the door and entered.
"Okay, I'll be right there."
Back when he was just a junior manager, meetings were held in a tiny office of less than ten square meters, like an internet cafe.
Now he's been upgraded to the top position in a "special-level" core department, and even has his own luxurious conference room for meetings. Wow, that's some serious treatment.
"Everyone, please feel free to speak your mind, even about the smallest unusual situation."
Inside the conference room, Su Hao sat at the head of the table, his gaze sweeping over everyone as he spoke in a deep voice.
To be honest, he wouldn't bother holding this kind of abstract meeting if it weren't to activate and strengthen his almost "predictive" intuition.
Instead of wasting time on this, you might as well go straight into the foreign exchange market and have another three hundred rounds of battle.
But there's no way around it; his "intuition" is a bit special, and it needs to constantly receive external information as "fuel" to function to its fullest potential.
Therefore, this daily routine "intelligence summary meeting" cannot be missed even once.
The information collected and organized by his elite subordinates served as a "catalyst" and "amplifier" for his abnormal intuition.
"President Su, according to the latest intelligence, although the domestic authorities are trying to stabilize the market by restricting short selling and other means, it seems to have the opposite effect, making the market more volatile and causing widespread panic."
An employee responsible for the Asia-Pacific market spoke first.
"What's more troublesome is that global stock markets have now entered an 'ice age.' Everyone is terrified, neither daring to buy nor sell, and the entire market is almost stagnant," another person in charge of the European and American markets said.
"Therefore, funds are now frantically rushing into so-called'safe-haven assets'."
Gold prices have been quietly rising, and the dollar is doing almost the same.
The problem is that even these safe-haven assets have seen extremely low trading volumes and liquidity during this 'ice age.'
"That's right. Now, not to mention the domestic stock market, even the mainstream overseas markets are in a terrible state."
"So, in other words, everyone is now scrambling to flock to'safe-haven assets,' is that what you mean?"
As Su Hao listened, he scribbled down keywords in his notebook with great enthusiasm.
This was his old habit: using these fragments of information to activate his uncanny intuition.
"Yes, Mr. Su. Gold, US dollars, Japanese yen, US Treasury bonds, and... Swiss franc, etc."
The hot money in the market is now pouring into these places like mad dogs seeing a bone.
Judging from this trend, it's estimated that more funds will follow, pushing the prices of these safe-haven assets to a new peak.
Li Huilin gave a clear and organized report.
Su Hao was writing furiously in his notebook, recording every safe-haven asset that Li Huilin mentioned.
However, the instant a particular word from Li Huilin's mouth reached his ears—
His hand holding the pen trembled violently, and the pen tip drew a glaring, twisted mark on the paper!
It was as if they were being disturbed by an invisible force.
'Hmm? What did that feel like just now?'
He abruptly raised his head, his eyes sharp as an eagle's, staring intently at Li Huilin:
" Sister Huilin, could you please repeat what you just said?"
His voice was calm, yet carried an undeniable air of authority.
"Oh? Oh, okay."
Although Li Huilin was somewhat taken aback, she immediately repeated:
"I mean, there's currently a massive influx of funds into gold, the US dollar, the Japanese yen, US Treasury bonds, and recognized safe-haven assets like Swiss francs..."
This is it!
Swiss French!
When those two words came out of Li Huilin's mouth again, an indescribable, intense tremor, like an electric current, instantly spread throughout Su Hao's limbs and bones!
The feeling was so intense that he could barely hold the pen, and the handwriting on the paper trembled uncontrollably, as if some mysterious force was guiding him!
" Swiss French...isn't this thing supposed to be the most trustworthy'safe haven' in the financial world?"
A young trader nearby chimed in.
"That's right. After all, Switzerland is a permanently neutral country and survived both world wars unscathed."
Moreover, during every global financial crisis, Swiss franc has remained remarkably stable, like a rock holding up the sea.
Most importantly, their country has very little political turmoil and extremely low risk.
Another senior figure nodded in agreement.
"Moreover, another important reason why Swiss franc is hailed as the'strongest safe-haven currency' is its 'exchange rate cap' mechanism."
Swiss franc, abbreviated as Swiss franc.
Whether it's during a financial crisis or a global economic downturn like now, Swiss franc is undoubtedly the "king of safe havens" in the eyes of investors.
There's a common joke online that says, "Whenever something happens, just deposit your money in a Swiss bank."
The biggest secret to its ability to firmly hold the "safe haven throne" is the "rock-solid floor" set by the National Bank of Switzerland for its exchange rate:
Simply put, the Swiss Central Bank stipulates that the euro to Swiss franc exchange rate, regardless of fluctuations, cannot fall below the value of 1.20.
In other words, once the exchange rate approaches this bottom line, the Swiss government will spare no effort, even if it means printing money like crazy, to push the exchange rate back up!
This artificial intervention directly stifled the possibility of a significant appreciation of the Swiss franc and eliminated its exchange rate volatility.
It is precisely because of this "ceiling" system that Swiss franc has been able to firmly hold its position as the world's number one safe-haven asset, an unshakeable position!
"..."
Su Hao fell silent, his brows furrowed.
'That's strange, why is it Swiss French in particular?' He couldn't figure it out.
Why does that damned, almost never-failing, even somewhat sinister intuition give such a strong signal about the word " swiss franc "?
Does this mean I should buy Swiss Franc now, a "turtle asset," and then just sit there like a "ninja turtle"?