Font
Large
Medium
Small
Night
Prev Index    Favorite NextPage

Chapter 622 The confrontation on the LME copper (seven)(1/2)

The new long and short positions are added, increasing upwards at the scale of hundreds of lots per second, and the funds flowing into the market reach an astonishing order of magnitude.

"Have you finally taken action?"

Inside the Adam Fund trading room, George Bruce's eyes were cold: "Let me see how much money you have, can be consumed here!"

The 8,000 US dollar mark is the tunnel he dug for the bears.

He must use this juncture to fight to exhaust all the funds that the main bears can use, and then use the rebound to catch them all in one go.

I pondered for a few seconds for a short time.

George Bruce hurriedly ordered: "Walter, pay attention to the abnormal movements of the stock market and bond market. If the three main bond futures contracts, the FTSE 100 Index Futures and 326,413,419, show a very obvious rapid rise and the shorts quickly fill up, accumulate all our funds, and at that moment, break through the LME copper market in one fell swoop."

If the stock market and bond markets experience rapid recovery, it proves that the short side's funds are exhausted.

At that time, the main shorts held the heaviest positions and the lowest margin, and it was also their only chance to do their best to break through the market and hunt down the shorts.

Communication is connected.

George Bruce's words also spread to the main trading rooms of other long departments.

Everyone held their breath and stared at the lme copper trading market where the continuous explosion volume was constantly being launched. The bulls and bears tried their best to try, waiting for that moment to arrive.

The accumulation of billions of dollars of funds will be exhausted in a few minutes.

Immediately afterwards, two billion, three billion, and four billion...

LME Copper has become the most terrifying capital-swalking monster in the London financial trading market today.

Its trading volume significantly exceeded the futures contract transactions of the FTSE 100 Index, exceeded the London gold spot transactions, and exceeded the trading volume of the pound in Europe, and jumped to the top of the trading varieties of the London financial market, attracting the attention and participation of countless investors and speculators around the world.

"This should be the intraday long and short position order of LME Copper, a record high, right?"

"I don't know if it's the highest record, but since I paid attention to and invested in this variety, I have never seen such a large-scale long-short battle."

"The investment of China Capital this time is much greater than that of two years ago!"

"Two years ago, China Capital was trapped on LME copper. The main force held only 400,000 tons, less than 20,000 lots. With the remaining China Capital who followed the trend, it held up to 40,000 hands. But now... just over the past ten minutes of investment, the main force of the long and short sides, and the newly opened orders have exceeded 20,000 lots."

"This is not that the investment is much greater than before, but that it is completely incomparable."

"A rough estimate is that the main Chinese capital invested in LME copper may exceed US$3 billion, and then plus a margin of at least 4 times the holding funds. This time, the amount of funds used by China Capital invested in LME copper is at least US$12 billion."

"In addition to the Wall Street giant 'New Silver Melon' claims to be investing tens of billions of dollars."

"At this time, the main bears in the LME copper field were extremely strong."

"The longs are not bad. Lloyds Bank alone, I heard that it is a long position of more than 90,000 yuan. This is a capital position of nearly $2 billion. Including at least 4 times the margin of the account, the investment scale is close to $10 billion. In addition to HSBC, Standard Chartered, and the market rumored Wall Street Adam Fund, German capital giants Allianz Capital, Rand Securities, Yingjie Investment..."

"At this moment, the main bulls in the field have almost gathered all the capital giants in London, and the lineup is luxurious."

"This kind of financial showdown is really exciting."

"No matter which side is forced to get out, it is an ultimate feast of wealth. At least it can reap billions or even tens of billions of dollars in profits in the opponent's market."

"It's just the position of 8,000 US dollars... it's a bit embarrassing." Someone hesitated and said, "After 8,000 US dollars, lme copper has the expectation of a new high again. The main shorts will inevitably retreat. If you go long, there is no doubt that if you put such a large amount and are suppressed by the shorts, the price of 8,000 US dollars will become a natural barrier, and the trend will be dangerous and you will enter the short market again."

"I don't know which party to choose when participating!"

"If this 8,000 USD mark is not so important, how could the bulls and bears fight so hard?"

"I think Chinese capital has taken the initiative to attack in the international financial market and has never won the victory. Moreover, the suspension of production of 'Otto Copper' has a strong stimulating effect on the short-term market demand of LME copper. Long is more appropriate than short."

"At this time, because of the long-short situation, no matter which side's advantage is obvious, it is a good time to really speculate."

"If the bulls completely cross the $8,000 mark and completely reverse the market situation, the situation will be clear. The bears will definitely retreat quickly and quickly cut positions and cover them."

"At that time, the price of lme copper will soar. If you take advantage of the situation and chase more, there will be no profit to make."

"Same, the same is true for bears. If the bulls cannot hold on to the suppression of the bears and counterattack, the price will fall back below $7,900 and be unable to break through $8,000 again."

"In that game, many long positions will definitely be quickly cut and compensated in order to prevent further price declines and severe losses."

"This will cause another price plunge."

"At that time, you will lose the opportunity, which will lead to embarrassment in holding costs."

"With that being said, there is a lot of uncertainty in participating at this time. I still wait for the long and short sides to decide the winner, take advantage of the victory and get some vacancy."

"Yes, I also think it's not too late to chase the position when the main players of the long and short positions decide."

"Whether it is a long or a short position, there are huge positions on LME copper. If you want to close the position for such a large position and cover it for a moment, you can't do it at all."

"After deciding the outcome, there is also time to compete for profits."

During the long and short tug-of-war time at the $8,000 mark, many people chose to speculate, but more off-market investors still chose to wait and see.

These wait-and-see OTC investors are not helpful to the tilt of the long-short balance at this time.

But when one side has an overwhelming advantage, it will become a continuous vanguard force of the advantageous side, killing the huge new force in the opponent's plate.

Winners take all is the rule of this market.

The 8,000 USD mark of lme copper is the most important level between life and death for both bulls and bears.

"It's really wonderful!"

Barclays Investment Department, Ulysses sat in front of the main control computer, watching the continuous explosion of volume, stalemate around the 7990 price below $8,000, and sighed: "That man George Bruce is really not simple. He actually rested in the market out of thin air. In the weak rebound, he created this positive news, forcing Mr. Su, who is the bear, to fight against LME copper head-on."

"but……"

"The accumulation of funds is so serious. Once you cannot win in one battle, you will force the main short seller led by China to make up for it, and the London financial market will be in a catastrophe again!"

Ulysses does not think that the collapse of North Rock Bank has caused the "subprime mortgage storm" so easy to pass.

On the contrary, he believes that at this time, the market is still the most dangerous time. The bulls should not fight back on the whole line and force the main bears to gain the advantage.

Of course, the situation is already like this, and he can only hope that the bulls can win in one battle.

After all, although he admired Su Yue very much, he was unwilling to see that Chinese capital swept London and plundered hundreds of billions of dollars in profits from major capitals, causing another catastrophe to the London financial market.

"Minister, should we... be involved?"

Ulysses's assistant, Kath Cecilia, hesitated for a while and asked.

Ulysses shook his head and said, "Just keep waiting and watching. Although relatively speaking, I am still optimistic about China and Mr. Su, but at this critical moment, we cannot help foreign enemies. As for joining the bull camp, there is no need. After all, we cannot do things that are likely to lose money."

Kath Cecilia's mind saw Mr. Su's young, calm and confident expression.

Nodded, not talking.

As the trading time goes by, the long and short sides are in a stalemate in a white-hot state, and they are still continuing.

In the trading room of the ‘Bentayga Capital’, Su Yue sat in front of the main control computer, and saw that the funds were consumed faster than he expected. In less than 20 minutes, it had been lost by more than half.

He couldn't help but frowned and stood up from the main control computer.

He looked at Ma Fujun sternly and said, "Manager Ma, I asked your marketing department to spread all the personnel out. You have obtained the downstream companies in the fine copper market that have been verified in the past half month, the real demand and start-up situation, right?"

"It has been obtained!" Ma Fujun hurriedly replied, "A total of 15 downstream enterprises have been investigated, half of which are mechanical manufacturing and half of which are construction industries. Downstream demand has deteriorated significantly in the past half month. Many companies are preparing to stop work and are preparing to cut orders."

"Especially the seven or eight companies in the construction industry are already very difficult to operate and are on the verge of bankruptcy."

"Send these data and files to the media immediately, and spread them to the place where everyone can pay attention and see as quickly as possible." Su Yue said in a deep voice, "We have to let these blind bulls see, let them know where the real crisis is, and let them know how ridiculous their long behavior is."

Ma Fujun nodded quickly and immediately took out the phone to contact the reporter. At the same time, he asked his subordinates to transfer relevant information and files to specific email addresses of certain media.

Su Yue turned around and called Nie Yuanzheng again.

"Old Mr. Nie, Director Yao from China, you asked him to tell him a day ago about the current real production capacity data and inventory data that we checked in major fine copper smelting companies in China. Let's summarize it and it will be fully announced on the official information website of the National Reserve Bureau. I believe that at this moment, domestic fine copper inventory will be a very huge number."

"We blurred the numbers ahead, and we mentioned the production capacity and inventory in the previous few months."

"This time, what we want is the current data, and we must give the world the most intuitive digital performance, so that they know that the 'Chinese factor' they hope for will completely lose the motivation to hype at this moment."

Nie Yuanzheng also knew that the situation was urgent at the moment, so he nodded and said, "I guess Lao Yao has not completed verification. After all, the time we gave him is too urgent and he did not prepare in advance, but I think... he will find a way. Don't worry, I will notify Lao Yao and let him announce it as soon as possible."

"We have no problem with our funds for an hour."

"Even if the longs move in a more fierce manner, and the funds we have prepared are exhausted, we can use the margin to continue to increase our positions and maintain this position."

"It's just that, the margin will be sharply reduced, the leverage ratio of holdings will increase rapidly, and the risk will increase a lot."

"That's the worst." Su Yue gritted his teeth and said, "It's better not to take that step, just use factual data and market sentiment to turn the situation around."

"We are really using hundreds of billions of dollars to fight the bulls."

Nie Yuanzheng laughed and said, "It will definitely not be like this. I believe Lao Yao and Xiao Su, you can do it completely and resolve the bulls' desperate counterattack."

After saying that, Nie Yuanzheng hung up the phone and immediately notified Director Yao of the National Reserve Bureau of the Domestic National Reserve Bureau.

Director Yao did not verify the complete data, but he said that only two or three companies were left without verification. He would call himself to ask, at most one hour, the latest domestic fine copper inventory data and the latest production capacity data will appear on the official website of the National Reserve Bureau’s Information.

After Su Yue hung up Nie Yuanzheng's phone call.

After thinking about it, he called Sun Chengzong, Ye Tiannan, Zhou Jianbang and others in China, asking them to use their energy to call on domestic investors who are capable of participating in LME copper trading to participate as much as possible, follow them to short and consume the funds of the main long players.

At the same time, there is the Harbor City.

Su Yue also asked Gu Yunxi to release news, using his reputation in the Battle of Hong Kong City, he attracted more follow-up funds to enter, jointly resist the bulls, and make the 8,000 USD mark become a natural gap that can never be crossed by bulls until death.

It was 9:38 am London time, which happened to be 5:38 pm Chinese time.

With the intention of domestic financial tycoons such as Sun Chengzong, Ye Tiannan, and Zhou Jianbang, the headquarters and branches of the Bentayga Capital were promoted, the news of the long-short showdown between Chinese capital and Western capital and huge amounts of funds spanning tens of thousands of miles of distance, sweeping China's China and the entire Hongcheng financial community.
To be continued...
Prev Index    Favorite NextPage