Chapter 28: The London Gold Market At the start of a new week, Chinese Online saw two consecutive limit-ups, with its stock price surging to 41.65 yuan, setting a new historical high. It made its third appearance on the Dragon and Tiger List, becoming the hottest stock this year after Baofeng Technology. “Voices don’t disappear even when predictions are wrong, but outcomes can deviate due to human interference,” Lu Liang mused. Over the past two days, he had chosen to liquidate his positions and observe, missing out on two limit-ups. However, this confirmed a theory: the messages from the "Voice" were not 100% accurate. His existence as an external factor introduced the greatest unpredictability. Having already earned 12 million yuan from Chinese Online, Lu Liang had nearly caused market chaos twice with his aggressive clearing of positions, cashing out at peak prices. The main players were forced to push the stock price even higher to avoid being trapped by their own positions. "The voice triggers at midnight." "Perhaps the conditions are linked to the activities I engage in?" Having time to observe the market while holding no positions, Lu Liang studied it in depth. As a seasoned real estate professional, he understood the critical role real estate played in China’s economy. One could argue that the combined power of the financial sector’s three major boards paled in comparison to the real estate market. For a house with a market price of one million yuan, potential taxes could exceed 500,000 yuan. Only after deducting manpower costs did profits trickle down to real estate developers. Real estate tied into numerous industries—construction materials, home furnishings, appliances—and created countless jobs. Now, people were either selling houses to speculate in stocks or diverting funds meant for home purchases into the market. Was this truly what the government wanted? "This bull market might be nearing its end." Extinguishing his cigarette, Lu Liang took a sip of coffee. As midnight struck, a mysterious voice echoed in his mind, as though from another world: [June 5th, London Gold, 1517.2500 points.] Lu Liang was taken aback. He had envisioned many possibilities but hadn’t expected international spot gold to be the subject. Commonly referred to as "London Gold" due to its origin, it had a 300-year history as the world’s largest spot gold trading market. With a daily trading volume of 20 trillion U.S. dollars—25 times the size of China's A-shares—it was beyond the manipulation of any institution or consortium, relying purely on market self-regulation. Ŕ𝘈𐌽Ȱ𝖇ĘŜ "The current price is 1347.1200 points, a potential increase of nearly 160 points," Lu Liang calculated, his eyes gleaming with excitement. Gold, as the most stable primitive currency, rarely fluctuated unless major powers clashed or financial crises arose, driving large funds toward safe-haven assets. Because its price movements were small, gold trading offered a minimum leverage of 100 times, hence the four decimal points in quotes. Lu Liang marveled at the speed of the gains. He had barely done anything, simply averaging down during dips and holding through the rise. There was one heart-stopping moment when the market plunged four points, almost triggering liquidation. Fortunately, with sufficient backup funds, Lu Liang quickly injected an additional $20,000 margin, averting a forced close. High leverage trading was a game of nerve and vigilance, requiring complete focus without a moment’s negligence. As dawn broke in early June, a pale white light began to spread across the horizon at 5 AM. The American session was nearing its end, and market activity significantly declined. Rubbing his eyes, Lu Liang fought fatigue, knowing the Asian session would soon take over. Join the discussion! Login to share your thoughts and connect with other readers. No comments yet. Be the first to comment!