NIP Chapter 431 The Sudden Emergence Of Gold Futures
Chapter 431 The Sudden Emergence Of Gold Futures
Su Ruzhen was not idle here, she organized the Donghua Chamber of Commerce and joined the short-selling team.
She emphasized that every company in the chamber of commerce should use the available funds to short international crude oil without shaking the foundation of its own business.
So it can be said that this crude oil futures war is unprecedented.
As the executive vice president, Lu Changfeng tried his best to organize and support Blueprint Capital to short international crude oil.
He also knows that if they succeed this time, their profit in the futures market is very likely to break through the record high.
Investing in large enterprises may also double their assets.
In such a situation, international crude oil prices have shown signs of loosening.
But the oil family and their allies are of course still holding out, and they are trying to achieve their goals by cutting production.
In a sense, the long side is the buyer, and the short side is the seller.
After fierce competition between long and short sides, many energy-scarce countries can no longer bear the high oil prices, and they have to spend huge sums of money to buy crude oil.
Just at this time, Donghua Control Center made an astonishing decision.
Release crude oil from storage and allow that crude to be exported.
As soon as the news came out, the whole world was in an uproar.
Countless merchants flocked to buy Donghua's reserve crude oil by tens of thousands of tons.
Seeing this, Chen Fan applauded loudly.
Um!
It smells so good!
It turns out that the country is the real master. They use huge funds to buy bottom at the lowest level, and now they are making a lot of money.
This move is superior to any company or international player.
With more than 200 beautiful coins per barrel of crude oil, not including the freight, the profit has directly doubled by an unknown number of times.
Seeing this situation, many countries went to Donghua to buy.
For a while, the foreign exchange rose sharply, and the international oil price dropped accordingly.
The price of crude oil quickly fell from nearly 300 beautiful coins to around 200.
Of course, this does not completely defeat the oil family and their alliance.
They held an emergency meeting, with some advocating persistence and others advocating compromise.
But the oil family is not reconciled, they don't want to just give up.
According to their statistics, the whole world now has no idea how many forces are secretly shorting crude oil.
They firmly believe that as long as they cut production, the short side will completely collapse.
But the world is so big, and the current oil price is so high, if they cut production, they may not follow him
Same.
After all, they do not control the oil production of the entire world. If you reduce production, others will increase production and sell crude oil desperately.
If things go on like this, people will make a lot of money, and you will lose money and make money.
Everyone understands this truth. The most important thing now is how to persuade other oil-producing countries to increase production besides the oil family?
As long as they cooperate, the oil family basically has nothing to struggle with.
Chen Fan was looking at the market, and suddenly found an abnormality, the gold futures suddenly appeared!
"How is this going?"
"Manager Zhao, immediately plan to go long on gold."
Zhao Linlin didn't realize it for a while, the international crude oil hasn't been settled yet, why are they engaged in gold again?
Of course she doesn't know what the market will change next, but Chen Fan does.
The sudden rise in the international gold price was unexpected by many people. Although Chen Fan did not know the reason, he was able to successfully capture the opportunity with the power of his eyes.
Zhao Linlin spent hundreds of billions of dollars on international gold, and Zhao Linlin had just completed the layout, and the news came out on the third day.
The world's second largest oil producer suddenly announced that it requires gold to settle crude oil transactions.
As soon as the news came out, the price of gold naturally soared.
When Zhao Linlin saw the news, she was completely stunned.
She couldn't believe it at all, Chen Fan was able to capture the rising international gold market so keenly when he was concentrating on crude oil futures.
And he can predict this key point so accurately, how did he do it?
At this moment, she had to admire this alumnus, awesome!
Really awesome Plath!
Now that the price of gold is rising rapidly, Zhao Linlin looks at the gold account that was just set up yesterday, and the company has already made a lot of money.
The price of gold rose sharply here, while the price of oil plummeted there. m.x.com
Because after reaching an agreement with the second largest oil producing country, their crude oil has been continuously put on the market.
The price of oil fell directly from 200 Nifty coins per barrel to 120 Nifty coins.
The oil family went completely crazy, and oil prices returned to their original shape.
All their previous efforts were in vain, and at this moment, the short-selling international players were reveling.
On the delivery day, the international crude oil price was finally fixed at 116 beautiful coins per barrel.
At this time, some people had disagreements again. Some people asked for physical delivery, while others asked for currency delivery.
The short side is not afraid either. If physical delivery is used, they can buy physical goods from the second largest oil-producing country, but they want to turn money into gold.
As a result, the price of gold will rise again.
And like Donghua and other big countries, they have a lot of inventory in their hands. Blueprint Capital is planning to use the relationship to open up channels and lend crude oil to the country for delivery with them.
However, Chen Fan bet that they dare not adopt the method of physical delivery, because they are oil producers themselves, and with so many physical goods in their hands, there is no place to stack them.
After physical delivery, transportation and storage are required, which is also a very large cost.
Finally, under the coordination of the exchange, everyone adopts currency delivery.
The overall situation of international crude oil futures has been decided, and Chen Fan is meeting an important guest.
This person is Davidson of the oil family. There is no one else in the room. Davidson solemnly said, "If this plan is successful, I want 10 billion in cash."
Chen Fan nodded, a mere 10 billion beautiful coins was nothing to him. m.x.com
Davidson came this time and gave Chen Fan a top-secret document.
The data in this USB flash drive is the financial statements of the oil company under the oil family.
You must know that all listed companies have one of the deadliest things, and that is financial fraud.
Once this kind of thing is exposed, the stock price will plummet.
What Davidson brought to Chen Fan was the big killer of oil family stocks.
Because he knew clearly in his heart that with the current oil family, just bringing down John, the future successor, would be of no use to him.
So he wants to be strong, and he needs to transfer the family business to himself bit by bit.
He handed over the financial data to Chen Fan, and Chen Fan gave him a share after making money by shorting oil stocks.
This is also a way of property transfer. After the two reached an agreement, Davidson got up immediately, "I'm going to Zhonghai. I hope we can cooperate happily."
After sending Davidson away, Chen Fan immediately arranged to expose the evidence.
In fact, Chen Fan also knew in his heart that given the current situation, it was obviously unrealistic to want to eat this behemoth.
The best way is for ants to eat elephants, take your time.
After shorting crude oil and stocks, the oil family is bound to be seriously injured. If they struggle a few more times, they may die.
But if you want to do this, I'm afraid you have to spend a lot of thought.