Eight Hundred and Sixtieth Chapters Depressed John Goodeland
The latest website: "Anyone buying copper metal?"
In the City of London, the headquarters of the Bright Fund, George Berkeley, who was handling official business in the office, said with a frown.
The subordinate in front of him nodded and said: "Yes, I communicated with the Locke Foundation, not theirs. I thought it was a normal raw material procurement at first, but it must not be a coincidence to encounter such competitors one after another. I've ordered people to investigate where they came from."
George Berkeley frowned, thought for a while and ordered: "Intensify the acquisition, you can adjust the acquisition price according to the price of the futures, and the speed and quantity cannot fall!"
The market is always changing.
After Sumitomo Trading Company suddenly exerted its strength, the situation has moved in a better direction for the Bright Fund, which has exceeded George Berkeley's expectations. The gains of LME copper futures and LME aluminum futures are quite gratifying.
In this case, if the speed of purchasing the spot can’t be improved, the price of the spot will also rise. In the early stage, it is reluctant to raise the price to buy it, and it will also cost a high price to buy it later.
Rather, it might have been better to raise the premium earlier and buy more spot contracts.
Anyway, George Berkeley is confident, his capital is strong enough, and he can always make money back when he is reluctant to sell.
"Understood!" the subordinate responded loudly.
"Go, hurry up!"
George Berkeley waved his subordinates away.
...
Peter Nils was in a very bad mood at the headquarters of Barings Bank, which was only a few hundred meters away from the Bright Fund.
The news reported by the subordinates responsible for purchasing metal copper and metal aluminum spot contracts made him have a very bad premonition.
Of course, in addition to depression, there is also some happiness.
Fortunately, I decided to buy spot contracts, and I was able to find out that the enemy had secretly hoarded them.
If it is not detected in advance, when the outbreak occurs, the losses of Barings will be even greater.
So, who is buying the spot contracts for metal copper and metal aluminum?
Bright Fund?
Sumitomo Corporation?
Or is it the Locke Fund of the Howard family?
Shaking his head slightly,
Taking back the divergent thinking and holding a glimmer of hope, Peter Niles looked at Jack Colasi, the executive in charge of acquiring the spot sitting opposite him, and asked: "Jack, do you know who is acquiring Spot contracts? How many have they acquired?”
Jack Colasi shook his head in the disappointed eyes of Peter Niles and said, "President, I launched a relationship to inquire and found out about two of the companies, one is Rossi Trading Company and the other is Kosti Company, but they are very different. Regrettably, I have never heard of these two companies before. I asked many people and they said they didn't know. They were unknown before. I guessed that they should be shell companies, and from the information found in the industry and commerce department, the equity It has been processed, and it is impossible to find out who is behind it in a short time."
Although Peter Nils regretted it, he nodded understandingly and did not blame him.
The enemy is so cautious, it can be seen that it is definitely planned for a long time.
Barings' rash jump into the futures market is no doubt quite foolish.
Too bad it's too late to regret it now.
Thinking about it carefully, these two known companies are definitely not all of them. There must be other shell companies that are also acquiring spot contracts. Although the people behind them cannot be found, they should be among the Bright Fund, ROC Fund and Sumitomo Trading Company. one or more of them.
Suddenly, a sense of anxiety rose in Peter Niles' heart.
He thought for a while, picked up the phone, and dialed the house of Chairman Barit Barin. The person who answered the phone was a servant. Peter Nils immediately identified himself and asked him to call Barit Barin.
Soon, Barit Barin, who was watering the flowers, threw away the watering can and went back to the living room to answer the phone.
Peter Niles immediately recounted what Jack Corassi had reported, and then offered his own opinion.
"... President, this is the situation. I suggest to increase the intensity of spot purchases as soon as possible, and purchase as many spot contracts as possible, which can reduce our losses. If there are more acquisitions, maybe we can turn losses into profits."
"..."
"Okay, I understand, I will execute it immediately!"
"Clap!"
After hanging up the phone, Peter Niles looked solemn and instructed Jack Colasi: "Jack, the chairman has approved, I will mobilize $300 million for you today, and do my best to acquire the spot contract, understand ?"
Jack Colasi nodded sharply and replied solemnly: "Understood, I will do my best!"
"Wait, be careful not to let Philip Brothers know we're buying spot contracts."
Just as Jack Colasi turned to leave, Peter Niles suddenly stopped him and gave a special exhortation.
Their Barings Bank is going to be against the water, and naturally they can't let the London branch of Philip Brothers know about it, otherwise it will only be bad and not good for Barings.
Although Barings Bank and Philip Brothers were allies a few days ago, things are changing, not anymore!
"I remember!" Peter Nils said with a heavy nod.
"Well, let's go, come on!"
After watching Jack Colasi's figure disappear from the door, Peter Niles frowned and thought again. After a long time, he sighed, but the sadness between his brows did not melt away.
As many parties are doing their best, not only is the exchange turbulent, but the public opinion outside the exchange is also arguing.
As for the secret, not to mention, many people feel the more turbulent and dangerous undercurrent hidden under the waves.
It's Monday again.
Before the market opened, the London Metal Exchange was overcrowded, and everyone looked up at the huge electronic trading board, whispering from time to time, talking about the trend of a certain company or a certain futures.
Many of them were talking about LME copper futures and LME aluminium futures.
No way, these two futures are the most volatile and most topical during this period.
Although they are melon eaters, they should also be a tasteful and classy melon eater who only eats good melons.
At this moment, someone shouted, "Open!"
Immediately everyone quieted down and looked at the trading board in unison.
The silence lasted only two seconds.
When seeing the real-time quotes on the trading board, there were exclamations and noises in the exchange one after another.
LME copper futures jumped at the open, opening at $1,462 a ton, up $12 a ton from Friday's close.
LME aluminum futures also jumped at the open, opening at $2,964/ton, up $21/ton from Friday's close.
Bulls are still awesome!
Immediately afterwards, I saw that the prices of these two futures began to vibrate violently, and the bears were exerting their strength.
It's just that the bears are not as powerful as the bulls.
After struggling for five or six minutes, the bears showed signs of weakness, with LME copper futures and LME aluminium futures prices starting to climb steadily.
Time and space turned, and my eyes moved to New York, the United States on the other side of the Atlantic Ocean.
When it was time for work, John Goodall came to Salomon Brothers.
"Chairman, good morning!"
"Anna, you look prettier again!"
"Chairman..."
John Goodeland smiled and said hello to the employees, and when he got into the elevator, he picked up a newspaper on the newsstand.
Just when he just sat down in his office, a subordinate knocked on the door and walked in, reporting to him a piece of news that made his smile freeze.
"Chairman, according to the news from the UK, the LME copper futures price has risen to $1,486/ton, and the LME aluminum futures price has risen to $3,001/ton."
Hearing these two data, John Gufran made a quick calculation in his heart, and after comparing the closing prices of copper futures and aluminum futures on the New York Mercantile Exchange last Friday, he couldn't help closing his eyes, his face full of expressions. Confused and depressed color.