Chapter 267 Short Selling Oil (Happy New Year)
Feng Yu came to Xiangjiang again, and this time Feng Yu discovered that all four brothers of the Fu family had appeared, and the only younger generation was Fu Guangzheng, who was most familiar with Feng Yu.
Fu Rongjin lost 400 million yuan. The second and third children also knew about it, but after the boss came forward, not only did he not deal with Feng Yu, but he bowed to Feng Yu in a disguised form. This made them wonder clear.
They are still very clear about the character of the boss. As the helm of the Fu family, not one or two companies went bankrupt due to his attack. Why didn't they come out for the fourth brother this time?
And only after they asked about it, did they know what the boss was thinking. For the sake of the Fu family, it was not appropriate to offend the second generation in the Mainland. Besides, Feng Yu also showed his sincerity and told the Fu family his analysis of the gold market. The Fu family invested in gold in the past two months and made a profit of more than 400 million Hong Kong dollars.
This time Fu Rongqi said that Feng Yu was coming to Xiangjiang again, and the two of them also planned to come and have a look. If there is a good opportunity to make money, they don't want to miss it.
"Xiaoyu, let me introduce you. This is my second brother, Fu Rong District, who mainly deals in real estate. This is my third brother, Fu Rongbing, who runs a supermarket."
"Xiaoyu is really young and promising. He is more promising than that brat in my family. Let him learn from you more in the future." Fu Rongbing said loudly.
"You're welcome, the two uncles are here this time, don't they just want to see me?"
"Hahaha, of course, I heard that Xiaoyu has a superhuman talent in finance. This time, I plan to invest in the financial market with my boss. We also want to learn more."
Fart's long knowledge clearly wants to make money. But it's better this way, by tying up the entire Fu family, Feng Yu can raise more funds in the future. In 1997, he wanted to let those American capitalists know. Huaxia's territory is not something they can come to stir up wind and rain.
"Uncle Qi, invest in gold during this time. You must have made a lot of money, right?"
"Hahaha, it's okay. I made some money." As soon as he said this, Fu Rongqi was in a good mood. Although he is not particularly aggressive, even if he invests conservatively, based on his investment of several hundred million dollars, he has made about one hundred million dollars.
At the beginning of the year, he still had a futures order for delivery tomorrow. If he sold short, he should be able to make a lot of money again. Even the fourth child managed to raise a lot of money. After crazily using high leverage, the 400 million Hong Kong dollars that I lost at the beginning have almost been earned back now.
Under Fu Rongqi's persuasion, Fu Rongjin chose not to care about being tricked by Feng Yu. The boss is right, in business, there are no permanent enemies, nor permanent friends, only permanent interests.
Now Feng Yu's news,
If it can bring benefits to them, then Feng Yu is a friend.
"I will also place some London gold orders in the past few days. If you are interested, you can join us."
He can't make enough money by himself. It's better to sell some favors to the Fu family brothers by the way, so that the Fu family brothers will fall to his camp in the future.
Fu Rongqu and Fu Rongbing were waiting for Feng Yu's words. When they were overjoyed, they toasted to have a good drink with Feng Yu.
The next day, Feng Yu really came to the London gold market again, and made a lot of short positions continuously. Everyone around was stunned, the price of gold had dropped to $368 per ounce, and this person was still shorting?
Huh? Why are the two people behind this person familiar? It seems to be the two big brothers of the Fu family. Could it be that this person is investing in the Fu family?
Not right. Fu Rongqi, the boss of the Fu family, has an investment business, and these two don't invest with their boss. Also specially invited a young man?
The people around immediately saw that the two big brothers of the Fu family also began to place orders to short London gold.
It doesn't seem right. This young man doesn't look like a financial broker hired by the Fu family. Why do you feel that the two big brothers of the Fu family are following this young man to place an order?
Someone who knew He Zhaoji next to Feng Yu suddenly reacted. During this period of time, He Zhaoji has been active in the London gold market. He heard that he was recruited by a big boss, and also took away several well-known financial brokers to serve the big boss together.
A thought suddenly popped into their minds, the big boss, could it be the young man in front of him?
There are also some people who saw Feng Yu investing in London Gold last time, nodded thoughtfully, and then began to place orders to short London Gold.
Feng Yu placed a total of nearly 100 million U.S. dollars in orders. He was still conservative and used low leverage. According to his calculations, he would probably earn less than 20 million U.S. dollars after the settlement in a week.
Of course he has more than this amount of money on hand, and with more money left, he wants to play a big game once, and let himself be deified in the eyes of Fu's family!
On January 16, the United States and many other countries announced that they would take military measures against Iraq. At the same time, the Soviet Union expressed silence, showing no intention of aiding Iraq, the former little brother.
Sadam also replied strongly, Iraq is not afraid of war, and he is not afraid of the unity of many countries!
Wars cost a lot of money, and Iraq has a deep understanding of this. If it weren't for the Iran-Iraq War, they wouldn't have owed so much money. Those countries are willing to invest so much money in war? Can the people of their country agree?
Moreover, Iraq is a veteran. After all, it took less than a day to cease fire with Iran and attack Kuwait in 1988. Sadam believes that Iraq is superior in terms of military quality.
Sadam firmly believed that the United States and others were just trying to scare him, and the Soviet Union would never sit idly by if there was a real fight. If the price of oil is manipulated by the United States and other countries, the Soviet Union will suffer a lot!
On the 17th, the Gulf War broke out!
After Feng Yu saw the news of the outbreak of the Gulf War on the news, he called Fu Rongqi to inform Fu Rongqi that he wanted to invest in oil futures, and whether the Fu family would follow suit.
Of course Fu Rongqi followed. He didn't believe that Feng Yu would sell short oil futures.
"Buy at the current price, sell at a limit price of 18 US dollars per barrel, and buy all the money in this account."
Fu Rongqi who stood behind was stunned. Feng Yu really dared to sell everything short, and he used 20 times leverage (5% deposit). Yesterday the news broke that the United States and others were going to attack Iraq, and the price of oil rose by a few dollars in an instant, and today it rose by more than one dollar. How dare he sell short?
And all the funds are invested in it, leaving no way out, this is crazy!
Not only Fu Rongqi thought Feng Yu was crazy, but the financial brokers brought by Fu Rongqi, and the few financial brokers Feng Yu recruited, all thought Feng Yu was crazy, and there was no use for a lot of money, dare you to bet like this ?
The other three brothers of the Fu family who came here after hearing the news, saw Feng Yu's short selling list, and none of them dared to follow. The boss is so experienced in finance that he can't believe it. How dare they believe it?
Feng Yu said to his family confidently: "I bet that during the war, the price of oil would drop every day. This afternoon, you will be able to see whether I am right or wrong."
That night, Feng Yu left Xiangjiang, and Fu Rongqi's study room was lit all night... (To be continued.)
ps: Today is New Year's Eve, and the fourth child is here to wish you all a happy new year and all the best. The hard-working fourth child should still be working hard to write, watching other relatives and friends playing mahjong, fighting the landlord~~~(www.. )