Chapter 10 Lockup
Chapter 10 Lockup
The chess game of the Hunter family is very large, and the sources of funds are also varied. But the main sources are desert tyrants and banks.
The current desert tyrants are still very arrogant. The four words of superciliousness are enough to explain any problem.
These guys obviously equated national strength with money.
They obviously made a mistake, when the silly Damu student killed people and robbed them. This group of guys was so frightened that the shit went out of their hands.
It has to be said that there is rain when there is madness in heaven, and there is disaster when there is madness in man. It's really not a good idea to use oil as a weapon.
It is still a bipolar situation. The world's two largest oil companies are not short of oil. Wouldn't it be ridiculous for you to use this thing as a weapon?
Why did the US emperor bury a nail in the desert area?
The world is so big, just change to another place.
This is actually their global layout. Such an important oil producing area, although it cannot be taken home directly. Proper controls are still necessary.
The US imperialism in this era is very weak, and economic transformation is not easy. The backward industrial output value can be ignored, how to solve the large number of unemployed workers?
These are issues that need to be addressed.
The Long Island villa is naturally inferior to the White Farm, after all, it is a temporary place to stay. Fortunately, William White didn't care. According to his age, Hamburg Coke should be his favorite.
In fact, he also eats hamburger now, but this kind of hamburger is too high-end. I can't even taste a hamburger.
The hamburger from school is worse than McDonald's. But he just can't forget. I have to say, the bitch is really hypocritical.
After lunch, Forber brought him a glass of red wine. And a plate of cheese. These are all made by himself at home. There's certainly nothing wrong with the quality.
Texas red wine is very full-bodied, very similar to the character of Texas people. It doesn't really go well with cheese, this red wine is more suitable for dark Texan dishes. Goes well with cheese or Bordeaux wine.
But as the owner of the winery. Under normal circumstances, they will not drink other brands. It is even more impossible when entertaining guests.
No matter how poor the wine is, it is their pride. What's more, their wine is actually not bad. It is still very famous in Texas.
His father has always wanted to carry forward this brand all these years.
But very sorry, no matter how hard you try. White Winery has always been a regional brand. No one knows anyone after leaving Texas.
Seriously, wine is a drink. Let alone Texas, the Bordeaux region is the same. Some brands are only popular in a few small cities.
How many wine brands are there in Bordeaux?
I'm afraid only people in the industry can figure it out.
"Forbe, notify them to lock the position."
"Master, are we not doing wave band anymore?"
"When gold was $35 an ounce, the price of silver was less than two dollars. Now gold is likely to exceed $400 an ounce. Forber, what is the reasonable price of silver?"
"Si, if the price ratio between silver and gold remains unchanged, it should be around $20."
"Look, there is still so much room for growth. Why should I care about short-term profits. Besides, frequent operations can easily arouse the vigilance of the other party."
"I understand, young master, do I need to increase my position?"
"No, our funds are limited right now. A lot of money we can't use at all."
"I see, young master, I will inform them immediately."
Funds for short-term speculation will not choose to spend overnight. Especially metal futures. Because there are too many uncertain factors.
When the trading window in the United States was closed, London was still trading normally. In case of any emergency. You cry without tears.
William White's behavior of locking the position once again caused the Hunter family to misjudge. It is not absolutely impossible to hold positions overnight.
Generally, the person who chooses to do this is either the owner of the silver mine. Or it is a business that needs to use silver in large quantities.
The amount of this kind of lockup is usually not large. The main purpose is not to make a profit. It is more of a risk-averse behavior.
Silver is an important industrial material. Many factories have practical needs. If silver fluctuates abnormally. They will lose money. In this case, paying some price and locking in the current silver price is the only option to avoid risks.
In fact, this is the original intention of the futures market. Like the securities and futures market, buying up is not a big problem, at most it is just losing money, and the risk of short selling is very high. If you don't return it in time, you will be in prison.
This is the same as short selling stocks. You don’t have silver in hand, you need to borrow it from others. If you don’t sell it, you really need to face legal proceedings.
Under the current circumstances, most of the silver spot is in the hands of the Hunter family. So the strength of short selling is very weak. Because you have no silver at all. The naked short sale will bear a lot of legal risk.
So a strange scene appeared in the BY market. Although like gold, everyone is going up. But silver is almost spiraling upwards. There isn't any decent callback.
This scene is actually no stranger to Americans. The same was true for soybean futures in previous years, and the Hunter family was in charge of trading.
The futures market at that time was finally ruined by them, and the government came forward to solve the problem. The apparent income of the Hunter family is close to 200 million dollars.
This kind of Hongguoguo's manipulation of the market has not received any punishment, which is really puzzling.
In their view, since they can do it for the first time. Then it doesn't matter if you do it again, anyway, someone will get the bottom line in the end.
The trading circle of the futures market is even smaller than that of the securities market. Now that the Hunter family has come back out of the arena, let's all make a fortune together.
With the continuous intervention of hot money. The price of silver was further pushed up. Soon it reached the range of 5.8 US dollars.
What? Didn't rise much.
No kidding, the leverage ratio is now close to 30 times. If you invested five million dollars, and now silver has risen by 10%, then you have made more than ten million dollars. Although it has not risen so much now, the profit is still considerable.
Although the current situation cannot be said to be as stable as Mount Tai. But nothing serious has happened. If this is still the case. Then the futures market will definitely be crying.
If you say that William White is not nervous, it is absolutely impossible. He has already invested more than 3 million dollars. This money is the family heritage, and it is the last chance to make money. If you can't turn the tide this time, you have to think of other ways.
Now Fu Bo is a little excited, just a few days. The book profit has exceeded 1 million US dollars. According to the young master, silver can challenge the price of 20 dollars.
Although the young master said so. He hadn't thought about it that way. Accept it when you see it is the kingly way. Don't say that it has risen to 20 dollars, even if it has risen to 8 dollars, it is still a big deal.
Since the discovery of the New World, the ratio of silver to gold has been falling. At first it was about one to ten. Later, it fell all the way to about 1:40.
During World War II, due to a large outflow of gold. Mr. Roosevelt started the Silver Project. For quite a long period of time, silver was directly linked to the dollar.
The purpose of the Hunter family this time is obvious, they need to build a silver empire. If the operation is good. It is not impossible to replace the Seven Great Families.