Chapter 267 Short Oil (Happy New Year)
Feng Yu came to Xiangjiang again. This time Feng Yu discovered that the four brothers of the Fu family actually appeared, and the juniors were Fu Guangzheng, who was the most familiar to Feng Yu. M. Lewen Mobile Network
Fu Rongjin lost 400 million yuan, and the second and third brothers knew about this, but after the boss came forward, he not only did not deal with Feng Yu, but instead bowed to Feng Yu in disguise, which made them unable to understand.
They still know the character of the boss. As the helmsman of the Fu family, there are not one or two companies that went bankrupt due to his attack. Why didn’t they stand out for the fourth brother this time?
After they asked, they realized the boss's consideration that for the sake of the Fu family, it is not appropriate to offend the second generation in the mainland. Besides, Feng Yu also showed his sincerity and told the Fu family about his analysis of the gold market. The Fu family's investment in gold in the past or two months has made 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 planned to come and have a look. If there is really a good opportunity to make money, they don’t want to miss it.
"Xiaoyu, let me introduce it to you. This is my second brother Fu Rong District, who mainly does real estate. This is my third brother Fu Rongbing, who runs a supermarket."
"Xiaoyu is really young and promising. He is much more promising than that little brat in my family. Let him learn from you in the future." Fu Rongbing said loudly.
"You're welcome. The two uncles are here too this time. Don't you just want to see me?"
"Hahaha, of course, I heard that Xiaoyu has superhuman talent in finance. This time he is going to invest in the financial market with my boss. We also want to have a better understanding."
The truth is that he wants to make money with him. But this is better. If the entire Fu family is tied up, Feng Yu will raise more funds in the future. In 1997, he wanted to let the American capitalists know that China's territory is not something they can do to stir up the wind and rain.
"Uncle Qi, I should have made a lot of money in investing in gold during this period, right?"
"Hahaha. It's okay, I made some money." Fu Rongqi was in a good mood as soon as he said this. Although he was not particularly radical, he invested even in conservatively. With his investment of several hundred million US dollars, he also made about $100 million.
At the beginning of the year, he had a futures order, and he would have made a lot of money tomorrow. Even the fourth brother tried to raise a lot of money. After using high-plus leverage in a crazy way, the 400 million Hong Kong dollars he lost at the beginning was almost profitable.
Fu Rongjin also chose not to care about the matter of being cheated by Feng Yu after Fu Rongqi's persuasion. The boss is right. In business, there are no eternal enemies, no eternal friends, only eternal interests.
Now that Feng Yu’s news can bring benefits to them, Feng Yu is a friend.
"I will also place some London Gold orders these days. If you are interested, you can go together."
He can't make enough money by himself, so it's better to sell some favors from the Fu brothers so that the Fu brothers will fall to his camp in the future.
Fu Rongqu and Fu Rongbing were like Feng Yu's words. When they heard this, they were overjoyed and raised their glasses to have a good drink with Feng Yu.
The next day, Feng Yu came to the London gold market again and shorted heavily. Everyone around him was shocked. The price of gold had fallen to $368 per ounce, and this person was still shorting?
Huh? Why are the two people following behind this person looking familiar? They seem to be two big bosses of the Fu family. Could it be that this person is investing in the Fu family?
That's wrong. Fu Rongqi, the boss of the Fu family, has an investment business. These two people didn't invest in their own boss, so they hired a young man specifically?
People around him then saw that the two bigwigs of the Fu family also began to place orders and short London Gold.
It seems wrong. This young man doesn’t look like the financial broker hired by the Fu family. Why do you feel that the two big bosses of the Fu family are placing an order with this young man?
Someone who knew He Zhaoji next to Feng Yu suddenly realized. He Zhaoji has been active in the London gold market during this period. I heard that he was recruited by a big boss and took away several more famous financial brokers to serve the big boss together.
A thought suddenly popped up in their minds, could that big boss be the young man in front of them, right?
Some people who saw Feng Yu investing in London Gold last time nodded thoughtfully, and then began to place orders and short London Gold.
Feng Yu placed orders worth nearly 100 million US dollars in total, but he was still conservative. He used low-plus leverage. According to his calculations, he would probably earn less than 20 million US dollars in delivery in a week.
Of course he has more than this money on hand, and he has to play a big one once and be deified in the eyes of Fu family!
On January 16, the United States and other countries announced that they would take military measures against Iraq. At the same time, the Soviet Union expressed silence and had no intention of aiding Iraq, the former younger brother.
Sadam also replied toughly, Iraq is not afraid of war, no matter how many countries unite, he is not afraid of it!
War is very expensive, 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 were willing to invest so much money in the war? Can the people of their country agree?
Moreover, Iraq is all veterans. After all, it took less than a day to cease fire with Iran in 1988 and attack Kuwait. Sadam believes that Iraq has the advantage in terms of military qualities.
Sadam firmly believed that the United States and others were just scaring him. If another fight really happened, the Soviet Union would never sit idly by. If oil was manipulated by the United States and other countries, the Soviet Union would suffer a great loss!
On the 17th, the Gulf War broke out!
After Feng Yu saw the news of the outbreak of the Gulf War, he called Fu Rongqi to notify him that he wanted to invest in oil futures, and the Fu family would not follow him.
Of course Fu Rongqi followed him. He didn't believe that Feng Yu would short oil futures.
"Buy it at the current price, sell it at a limit of $18 per barrel, and you have bought all the money in this account."
Fu Rongqi, who was standing behind him, was shocked. Feng Yu really dared to short all of them, and he used twenty times leverage (five percent margin). Yesterday, the news broke that the United States was going to attack Iraq, and the oil price instantly rose by a few dollars. Today, he rose by more than one dollar. He actually dared to short it?
And it’s crazy to invest all the funds in without leaving any way out!
Not only Fu Rongqi thinks Feng Yu is crazy, but also the financial brokers brought by Fu Rongqi, but also the financial brokers recruited by Feng Yu, they all think that Feng Yu is crazy. Do you have nowhere to spend money? How dare you bet like this?
After hearing the news, none of the other three brothers of the Fu family dared to follow Feng Yu's short order. The big guys are so experienced in finance, but they dare not believe it. How could they believe it?
Feng Yu confidently dealt with his family, "I bet that during the war, oil prices fell every day. This afternoon, you can see what I said is right or wrong."
That night, Feng Yu left Xiangjiang, and the lights in Fu Rongqi's study were on all night... (To be continued.)
ps: Today is New Year's Eve. I wish you all a happy New Year and all the best. The miserable fourth should still be working hard to write, watching other relatives and friends play mahjong and fight landlords~~~
Chapter completed!