Before we knew it, it was evening, and all the students who participated in the trial in the National Special College returned to the new camp one after another.

It was later confirmed that the body outside Death Valley, struck by lightning, had nothing to do with the academy, and was neither a student nor a logistics company.

Everyone is curious about what the victim is, how could he appear outside the Death Valley at this time, and how could he be suddenly struck by lightning?

Many people are talking about this. The atmosphere today is obviously much more lively than usual, which has deepened everyone's understanding and impression of Death Valley.

Originally, they all thought that Death Valley was strangely dangerous, but they were exaggerating it. Only now did they realize that there was no exaggeration at all. If they were not careful, they would be struck into coke by lightning, and no one dared to easily approach the Death Valley.

After dinner, the relevant person in charge ordered the number of people. Yin Rufeng entered the tent early as usual, and then used his super perception skills. He realized that there was no abnormality and quickly found Yan Ruoxue's tent, and then he used the earth escape technique to sneak over.

Yan Ruoxue is already at peace with Yin Rufeng coming to her camp every night. She likes Yin Rufeng to be very attached to her, and also likes the feeling of being together, and it is also exciting and sweet.

It is really embarrassing to enjoy the sweetness of lovers and worry about being discovered by others.

After dinner, Yan Ruoxue chatted with Hua Yourong and Hua Zhihui for a while before returning to her camp to rest.

She saw Yin Rufeng sitting there with a flawless smile, and walked over.

The two of them leaned tightly together, and were speechless.

There are people everywhere around the tent, and they are inconvenient to speak. If they want to communicate, they can only speak on their mobile phones.

After chatting for a while, Yin Rufeng and Yan Ruoxue entered the game one after another.

After unremitting efforts by Ruoshui and Linfeng and others to upgrade, Chaotianque finally rose to level 2, and the number of people who were accommodated in the gang increased from 200 to 500.

At the same time, the Demon Realm, War Hall, and Sword Killing the World have also been upgraded to level 2, and other gangs are also actively upgrading.

After Chaotianque is promoted to level 2, not only can he attract more gang members to join the gang, but the gang tasks will also be increased.

The first-level gang has only two dungeons for the gang mission, Black Wind Mountain and Mist Forest; the second-level gang has two dungeons for the gang mission, Peach Blossom Island and Level 40.

To this day, the top players are already at level 70, while the two dungeons of Black Wind Mountain and Mist Forest are at level 20 and 30, which is obviously too low to meet the requirements of the gang members.

The gang upgraded, not only Ruoshui Linfeng was very happy, but also the gang members were very happy.

After having the new gang mission, everyone can make contributions to the gang while brushing the dungeon experience, and at the same time bursting out equipment.

Why not kill two birds with one stone?

Ruoshui Linfeng and Hongyan Ruosuexue, Hua Luo silently worked together to level up for one night. Although he was still at level 70, the pet baby was upgraded to level 45.

He neither ingested the boss nor learned new skills, nor even discovered a new boss.

Playing until dawn, like water and wind, beauties and snow, flowers fall silently and fall down the line.

Yin Rufeng sensed that no abnormalities were found around him, so he used the earth escape technique to return from Yan Ruoxue's tent to his own tent.

After breakfast, continue the trial.

Not long after, Hua Yourong found an opportunity to talk to Yin Rufeng: "I suddenly had a premonition that Long Aotian and Lin Shaoyang would attack us sisters!"

She has no close friends in the National Special College, and the only people she can believe are Yin Rufeng and Yan Ruoxue.

Hua Yourong didn't know what Yan Ruxue had, but she knew very well that Yin Rufeng had strong strength. As soon as she found an opportunity, Hua Yourong told Yin Rufeng.

"Don't panic!"

Yin Rufeng said calmly: "They knew that I was close to you, so they wanted to start from you and deal with me so that they could get the beads!"

He thought about it and roughly guessed what Long Aotian and Lin Shaoyang were thinking.

"what to do?"

Hua Yourong was a little anxious and said worriedly: "Long Aotian's background is scary, and Lin Shaoyang is the person in charge of the trial. If they want to take action, then we will definitely be unable to defend ourselves."

She has been at the National Special College for so many days and has a little understanding of the situation of some important people.

"It doesn't matter!"

Yin Rufeng said lightly: "Their conspiracy won't succeed. If it really doesn't work, kill them!"

He felt that Long Aotian and Lin Shaoyang were dealing with Hua Yourong and Hua Zhihui, mainly because they wanted to use them to obtain the Chaos Seven Spirit Pearls, and of course they did not rule out that they wanted to take this opportunity to get them.

Regardless of appearance or ability, Hua Yourong and Hua Zhihui are all very attractive.

Originally, Yin Rufeng wanted to find an opportunity to solve the problem of Long Aotian and Lin Shaoyang, but now they dared to attack the people around him, which undoubtedly made Yin Rufeng's idea of ​​killing them.

"Will you be in danger?"

Hua Yourong said with concern: "Isn't this good?"

She was worried that Long Aotian and Lin Shaoyang were too powerful and difficult to deal with, and she was worried that Yin Rufeng would be retaliated against by the forces behind them in the future.

"What are you afraid of?"

Yin Rufeng couldn't help but smile: "Otherwise, let them take you away?"

Although he didn't know how powerful Long Aotian and Lin Shaoyang were, they couldn't be how powerful Yin Rufeng was. They could only speculate. What's more important is that they didn't know that Yin Rufeng had already made up his mind to find an opportunity to kill them.

Perhaps it was because Long Aotian and Lin Shaoyang didn't know Yin Rufeng's background that they thought of using Hua Yourong and Hua Zhihui to deal with Yin Rufeng.

"Then what do you want me to do?"

Hua Yourong said without hesitation: "This happened because of us. If possible, I am willing to do my best to help you!"

She almost sent someone to be taken away from her family in Jiangnan before, and she felt extremely disgusted by the people who were captured by the Long family. Compared to being arrested, Hua Yourong would rather help Yin Rufeng kill Long Aotian and Lin Shaoyang.

"Kiss!"

Yin Rufeng looked at Hua Yourong and smiled and said, "Is this OK?"

When he saw Hua Yourong's burning boat, he moved his mind and started joking with her.

"Dear!"

Hua Yourong hesitated for a while and looked around and said, "Who is afraid of who?"

She had a little affection for Yin Rufeng in her heart. Now, in order to help them kill someone, Yin Rufeng didn't think it was too much for just a kiss.

Yin Rufeng just said casually, but Hua Yourong agreed readily.

The magical 2020 is coming to an end. Warren Buffett, known as the "Stock God", no longer has been noticed by the media as in the first half of the year, and seems to fade out of people's vision. However, careful people should notice that the investment Buffett made this year has changed his usual style and has made many surprising operations.

In 1999, Buffett published an article in Fortune magazine, reminding the Internet bubble at that time, and then the "Internet winter" in 2000 occurred; during the financial crisis in 2008, when the market lost confidence in the stock market (especially the financial industry), Buffett chose to significantly increase his holdings in bank stocks at that time.

Later, the US stock market started a long bull era for 11 years: starting from March 6, 2009, as of the end of February when the epidemic broke out in the United States this year, the US S&P 500 index rose by 408%, the Dow Jones Industrial Average rose by 357%, and the Nasdaq rose by 669%.

Therefore, to a certain extent, Buffett's investment choice is a weather vane and barometer of the US economy. As the turbulent 2020 is about to end, we may see the future trend of the US economy from the investment choice of the "Stock God".

When the US stock market plummeted in the first quarter of this year, Buffy chose to follow his own principle: "I am greedy when others panic, and I am panic when others are greedy." He reversed the stocks of airlines and oil companies that were severely affected by the epidemic at that time.

However, shortly afterwards, with the overall epidemic prevention and control in the United States, Buffett immediately changed his investment logic and "cut off" all airline stocks (the four major American airlines, namely American Airlines, Delta, Southwest Airlines and United Airlines). At the shareholders' meeting held by Berkshire Hathaway on May 3 this year, Buffett said: "The aviation industry is a very challenging and difficult industry, especially under the current situation. Now, everyone is told not to fly and not to travel anymore. We don't know what trends all businesses will develop in the future."

Later facts proved that as the epidemic broke out in the United States, the U.S. aviation industry suffered an unprecedented blow. Data released by the International Air Transport Association showed that due to the impact of the epidemic, global airline passenger revenue may decrease by US$314 billion in 2020, a year-on-year decrease of 55%. The degree of decline in the U.S. aviation industry is unprecedented. Nichos Calio, CEO of the U.S. Air Transport Association, said that the number of passengers booked by American airlines fell by nearly 100% year-on-year.

In July this year, Buffett spent $9.7 billion to purchase Dinion Energy, including 7,700 miles of natural gas transportation pipelines and 9,000 cubic feet of natural gas storage space. In fact, as early as 2016, Buffett expressed his desire to build his own energy industry. In 2017, Berkshire Hathaway launched a acquisition plan for Oncor Electric Power. However, the market's pursuit of energy stocks at that time led to its high prices, and Buffett did not pursue the wind. This year, the United States experienced the double blow of the epidemic and global oil production increased.

Energy companies also face the same fate as aviation companies. However, unlike the pessimistic expectations of the aviation industry, Buffett is willing to continue to invest in the two traditional industries of energy and railways. He also repeatedly stated that energy and railways are two industries that require a lot of capital, and are also the best choice to fight inflation. Now, Buffett holds the upstream industrial assets of oil exploration and mining rights in his left hand (Oxley Petroleum Company) with the right hand, and transportation pipelines and storage space and midstream industrial assets of railways in his right hand. Buffett's energy empire framework has gradually surfaced.

Not only that, in August this year, Buffett made another unexpected decision. The latest documents released by the US Securities and Exchange Commission (SEC) show that in the second quarter of this year, Berkshire Hathaway bought nearly 21 million shares of the gold mining company Barrick Gold Corporation, and abandoned the financial stocks it has held since the financial crisis, such as Goldman Sachs, Morgan and other banks.

It is interesting that in 2018, at the Berkshire Hathaway shareholders' meeting, Buffett compared the return rate of investment in stocks and gold since 1942, and the return rate of stocks is far higher than that of gold. Buffett therefore advises investors: "It is better to speculate in gold than stocks." So, at this moment, why did Buffett suddenly enter the gold field and buy gold companies?

In fact, Buffett's approach indicates his view on the transformation of the United States' future economy, and on the other hand, it indicates that he has begun to prepare for the future.

In 1999, Buffett published an article in Fortune magazine, pointing out that there are two important variables that affect investment results, namely "interest rate" and "profit". Interest rate and investment are just like gravity is about objects. The higher the interest rate, the lower the return on investment. The profit of a company is another important variable.

This year, due to a series of measures such as the lockdown caused by the epidemic, American companies are constantly "deathing". According to CCTV Finance, S&P Global Market Intelligence Statistics show that as of October 4 this year, there were 504 large-scale companies in the United States filing for bankruptcy, exceeding the number of bankruptcy applications in any comparable period since 2010. Among the companies filing for bankruptcy, consumer, industrial and energy companies account for the majority. On September 30 this year, the latest data released by the U.S. Department of Commerce showed that in the second quarter of this year, personal consumption expenditure, which accounted for about 70% of the total US economy, fell by 33.2%. Among them, service expenditure fell by 41.8% due to the impact of the **** epidemic. In the consumer industry, the US catering industry will overall lose US$240 billion, equivalent to over one trillion yuan. In order to bring the economy back on track, the Federal Reserve may continue to launch more radical policies, such as negative interest rates and quantitative easing policies that are larger than now.

On May 7, 2020 local time, Neman Marcus, a 113-year-old high-end department store chain in the United States, filed a bankruptcy protection application.

So, what are the consequences of this practice?

First of all, the long-term low interest rates in the United States, especially the negative interest rate policy, will directly lead to a sharp depreciation of the US dollar. When the US dollar directly leads to a sharp increase in its money supply due to quantitative easing policies, investors who originally held US Treasury bonds will also use this cheap dollar to invest in countries with still high interest rates overseas.
Chapter completed!