Chapter 1533 Silence

Among the various futures transactions in the world, oil and metals are undoubtedly the two most important indicators.

As a product of oil, it can be compared with gold, silver, copper, aluminum, zinc and other metals together, which shows how important oil is.

In fact, this is also the case. Oil is not only the source of power for various machines, but also various products derived from it, as many as 5,000 kinds, which have already penetrated into all aspects of people's lives.

Because of such importance, those who can make decisions in the oil futures market have always been regarded as international financial giants.

In a small test last year, everyone felt that Xiao Qi was lucky enough to win against Merrill Lynch and Goldman Sachs.

But now for the second time, Xiao Qi is betting even bigger. The huge "gamble of the century" of 5 billion US dollars has directly singled out several major investment banks on Wall Street.

At the beginning, no one was optimistic about Xiao Qi, especially when the subprime mortgage crisis was serious in August, and oil continued to fluctuate violently. Everyone thought that the price of oil would drop from 78 US dollars to 30-50 US dollars a few years ago. level.

At that time, Xiao Qi repeatedly uttered words in the American media and repeatedly provoked the Wall Street elites in the United States, which triggered a series of crusades.

If it weren't for Xiao Qi's well-known titles of "Father of Intelligent Electronics", "World's Most Genius Boy"... etc., I am afraid that the American media would have banned him long ago, and he would not want to fight with this doomed person at all.

Unfortunately, Xiao Qi is not doomed.

Once September entered, oil prices rose steadily and horribly, leaving countless analysts and newspaper commentators speechless.

At this time, the media found out Xiao Qi's previous remarks, and only then did they realize how correct what this young man said.

From this, we know how big a heart Xiao Qi has. Even in the face of doubts from hundreds of investment elites, he never wavered in his philosophy.

Mr. Reuben, the chairman of Wall Street Reuben Capital, can best represent the complex psychology of Wall Street elites in his self-deprecating words.

"I will not comment on the sharp intuition of this talented young man on oil. In fact, I am also stupid. How can someone who can face Joe's gang leader not lose the wind, but make Qiao gang leader submit conditionally? Is it easy to be defeated? In addition to being lost, I am a little lucky. Fortunately, I am not Goldman Sachs, Merrill Lynch, Citigroup, Lehman Brothers and Bear Stearns... I don’t have to be sad for the huge loss of intangible assets, let alone real money Sad to lose $1 billion in silver, great news!"

Ok.

The four major investment banks plus a large bank are once again laying their hands on the gun.

In fact, it can't be regarded as lying down.

Because they attacked Xiao Qi some time ago, they were also the most powerful.

However, after Bear Stearns suffered a lot in August, it seems that bad luck is contagious. These investment banks and banks, in the next two months or so, are all struggling to deal with their own subprime loan debts. , where is the time to chat with Xiao Qi about a $1 billion bet?

But they didn't have the energy to continue confronting Xiao Qi. He also doesn't have the confidence to fight with Xiao Qi in the air, but it doesn't mean that others don't have the heart to dig out the bottom line.

The United States is not monolithic. The financial predators on Wall Street have a lot of enemies.

After everyone cooperates with the remarks of the chairman of Luben Capital, they will list the various battles between Xiao Qi and the five major enemies in the past six months on the paper and on the board. It was only then that everyone realized that these investment banks and banks were so courteous that Xiao Qi led them by the nose step by step. There is no way to fight back at all.

Of course, when they say these words now, they are suspected of being an afterthought.

At the beginning, many media people and financial analysts happily said, "The gifted boy has sent money, and the investment income tax in the United States will increase again."

But in this world, heroes are judged by success or failure.

If Xiao Qi wins, he is right in everything.

If the four major investment banks plus one major bank lose, then everything is their fault.

Although it is the oil futures for delivery on December 31, according to the current trend, I am afraid that no one will doubt whether Xiao Qi can win.

The difference is just that. Can the oil price break through to 100 US dollars, and can Xiao Qi win 5 billion US dollars!

However, people from Bear Stearns were not in such a good mood to look at the scenery.

Because of the continuous collapse of several funds. The assets of Bear Stearns suffered a lot of losses, and many investors hoped to redeem the fund, preferring to redeem the principal at a loss, which made their cash flow even worse.

Although they can avoid the crash as much as possible, or prolong the time of the crash, by borrowing, delaying, charging loss fees, etc., money is not so easy to borrow. Even between peers and shareholders, it is very difficult to borrow money. Difficulty - who wants to lend money to a company that looks like it's going to waste money?

In this case, the 1 billion gambling funds they froze in the bank half a year ago are particularly important.

But the gambling agreement given by Xiao Qi is very strange. He seems to have anticipated the subprime mortgage crisis. He mortgaged the shares of the dream pad in Citibank and JPMorgan Chase, but he did not allow the five enemies to use the shares to make money. Mortgage, but let them take the cash.

Several investment banks and banks didn't want to do this at first, but because the VAM agreement was set by Xiao Qi, whoever accepts it is eligible to participate in the VAM, so they have no way to rule it out, so they can only put the money in Citibank and Morgan Chase.

It is worth mentioning that although Citibank also participated in the VAM, it also took out 1 billion and deposited it in a special frozen account, and it could not be withdrawn. They still have some professional ethics.

In the case of urgent need for money, Bear Stearns, through Wade of Citibank, asked Xiao Qi if they could use shares as collateral instead, and then asked them to take out 1 billion US dollars to solve the urgent need, but Xiao Qi thought I didn't want to refuse.

What are you kidding?

Bear Stearns will be finished in March next year, and it was the unlucky guy who was directly acquired by JP Morgan Chase. Its shares plummeted from 61.58 US dollars to 4.81 US dollars in just 5 days. Such a wonderful company, Xiao Qi took its shares, It's pure courting death!

Speaking of which, the VAM agreement is so cruel, Xiao Qi rejected Bear Stearns, just pushing them to the brink of bankruptcy.

But Xiao Qi didn't feel any guilt at all. Bear Stearns has harmed many companies along the way, and Xiao Qi has no pressure to harm them.

Like the chief culprit of destroying the real economy, the whole world should be gone!