Chapter 1715 Breaking Through the $80 Line

When everyone was jointly speculating in crude oil, Feng Yu divided everyone's main market, among which Kirilenko was guarding the London market.

With his title of the richest man in Europe, Feng Yu hoped that he could recruit some people into his group.

Relying on the funds of these few people alone can be effective, but it is not enough to keep the price of crude oil rising. It needs the cooperation of other news and more funds.

There are many hidden rich people in Europe, and most of the world's top unlisted companies are also in Europe. Even the legendary Rothschild family has been deified.

The so-called Rothschild family is nothing more than a community of interests. This interest group is very loose. There may be kinship among members, but no one has the final say.

They are like a joint-stock company, no one is the absolute controlling party, all things are discussed by the general meeting of shareholders, and it must be in the interests of all their shareholders.

This ancient family is inextricably linked with many large companies. It is an exaggeration to say that the Rothschilds can control the price of gold, but it is true that they are very good at investing in gold futures.

Since this family also likes to invest in finance, it is an object that can be won over. The price of crude oil is rising, they can participate and make money, so why not get involved?

Kirilenko contacted an important member of the Rothschild family and invited him to invest in crude oil futures with him to drive up the price.

In fact, although this member's net worth is not low, it is not worthy of Kirilenko's personal invitation. The important thing is to invite other members of this family to participate.

Kirilenko succeeded. After analysis, the family also believed that crude oil futures could make money. Of course, they still prefer and are good at frying gold.

So they decided to cooperate with Kirilenko, and they pulled other consortiums to join the crude oil futures market, but Kirilenko and Feng Yu would also help them release some news when they needed it, so as to promote the rise of gold prices.

To put it simply, everyone achieves each other, and then they only briefly participate in the crude oil side, while the gold side is their focus. Feng Yu and Kirilenko also need to briefly participate in the gold futures, mainly relying on each other's names and connections , and then benefit together.

Feng Yu also knows that the subprime mortgage crisis in the United States has emerged at this time, and a large amount of money will soon leave the stock market in the United States, and then this money will pour into other commodities.

When the economic situation is bad, the price of gold rises, which is normal. After all, gold is the real world currency, not the dollar.

What's more, the US dollar, which is the most commonly used at this time, is also depreciating, so why not replace it with gold to preserve its value?

Although gold will rise very fiercely during this period, it will not rise as much as crude oil, because crude oil still has an OPEC attitude.

Fortunately, Feng Yu has already informed the Huaxia government of his analysis in advance, allowing them to increase the import of crude oil last year and the first half of this year, and even pay for the demand for one year's crude oil in advance, so that they can save money when the price of crude oil soars. When it is time, avoid being too much affected. After all, China's crude oil demand will skyrocket this year.

And many state-owned assets in Huaxia also listened to Feng Yu's words and bought a large amount of gold, which would also allow the state-owned assets to make a fortune.

Only in this way can Feng Yu stir up the wind and rain with peace of mind, otherwise he will make money but the country will lose money, so who would Feng Yu be?

As for allowing Huaxia to participate in the speculation of crude oil, it simply won't work. Once state-owned assets are involved, it will be a big problem. As for the purchase of gold by state-owned assets, this is completely fine. Gold is an international currency.

Under the leadership of some people, Europe began to enter the market. They bought a large number of crude oil futures contracts, and at the same time began to sell US dollars, echoing Feng Yu and the others.

As a result of doing so, the price of crude oil finally broke through $80/barrel!

After breaking through this baseline, Feng Yu and the others can rest assured that the price of crude oil has broken through the reasonable line.

Then it will attract more people's attention and attract more international hot money to enter the market.

...

"Boss, the price of crude oil has broken through $80 and reached $81.3." Zhuken Miller reported.

Soros' eyes froze, crude oil broke through the safety line of 80 dollars? It is internationally recognized that the price of crude oil is the most reasonable between 50 and 60 US dollars, but OPEC claims that 60 to 80 US dollars is the most reasonable.

Therefore, it can be simply understood that between 50 and 80 US dollars is a rational range for crude oil prices.

However, there was obviously no important news about crude oil. How did the price of crude oil break through $80? Countries with large demand for crude oil, such as China and the United States, are just watching the price of crude oil rise?

Soros and the others have also analyzed that if the price of crude oil breaks through $80, there is a high possibility that it will touch the line of $100.

In other words, the price of crude oil will rise sharply, and Feng Yu and the others will make a lot of money!

How could Soros miss this kind of investment that is sure to make money after analysis. Especially during this period of time, the rise of the US stock market has slowed down, and the impact of the subprime mortgage crisis has become more and more serious.

Their investment in the stock index can get less and less profit. As for the investment in the currency, the profit is even meager. Then it is a very good choice to invest in crude oil at this time.

"Do you know why the price of crude oil suddenly broke through $80?" Soros asked.

"On the European side, many conglomerates bought crude oil futures, driving up prices."

The European consortium has joined? The consortium over there has always been what Soros most wanted to win over. With the support of these financial groups, it will no longer be difficult for him to become the world's number one financial god.

Now that a European consortium has joined, it will be no problem if the price of crude oil rises to about one hundred dollars.

"After the notice, we will also adjust our investment structure, reducing the investment in the stock index by two-thirds and investing in crude oil futures."

"Boss, don't we want to buy gold?" Zhuken Miller reminded that buying gold at this time is also a good choice.

"Buy crude oil first, and when the crude oil rises by about 20%, we will sell it and buy gold." Soros made a decision.

While Juken Miller went out to arrange work, Soros lit a cigar and took a deep breath.

Feng Yu, Feng Yu, I didn't expect you to be so lucky to attract a consortium from Europe to join. But if you can make money, so can I. Moreover, I want to earn more than you!

... (To be continued.)

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