In the previous life, it only reached the historical high of 100 US dollars on January 2, 2008. However, in this life, under Xiao Qi's continuous fanning, it has exceeded 100 US dollars on December 27, 2007. In January 2008,
In the past few trading days, it has stood steadily above $100.
This time last year, the price of oil was around US$50. In one year, the price of oil doubled, which is simply jaw-dropping.
If this price continues, as long as oil prices do not collapse, all oil-producing countries will make huge profits this year!
All right.
This is just the whims of people who don’t understand the oil market.
Anyone who really understands the oil economy knows that allowing oil prices to skyrocket will be a huge hidden danger for both oil-producing countries and companies that use petroleum products.
If everyone stops using oil because oil prices are guaranteed, then what's the use if you can't sell it at a high price?
In the end, we have no choice but to reduce the price, but this price reduction is beyond everyone's control. It may directly cause an avalanche of prices. When the time comes, let alone 100, even 50 or 60 people must look forward to it.
It is possible to stop the decline.
Otherwise, do you think OPEC is a fool? They don't make money when they have it, and they just cut production all the time?
That's because they want to maintain the long-term development of the oil market, instead of skyrocketing and falling every three days, otherwise even the hearts of gods won't be able to bear it!
The same goes for companies that use petroleum products. If you buy high-priced petroleum, but suddenly the price drops by 20% or 40% before you start using it, then others are using cheap petroleum products to start a price war. What you have is
Oil is ridiculously expensive. You will lose as much as you use!
Among those unlucky companies, China's Three Barrels Oil and Airlines, and even some companies not in the oil industry, were deceived into signing gambling agreements, and in the end they lost money until they lost their pants.
If Xiao Qi wanted to remind them, he could only remind the largest families and save the wealth that belongs to all the people. That is a great merit.
Xiao Qi could only pray for those people who were crazy about getting rich. He didn’t know if they had noticed that he had been bragging about the rising oil theory in major European and American newspapers and magazines for more than half a year.
If you have noticed, you will make a small fortune recently.
In fact, Xiao Qi has quarreled with so-called experts in the oil field in Europe and the United States more than once or twice.
Although in the past six months, Xiao Qi was repeatedly ridiculed by them for saying that laymen commanded insiders, but as oil prices continued to soar, the voices of these experts became weaker and weaker, and in the end they could only look at Xiao Qi alone.
Show off your power.
Taizu said that we must have the spirit to beat down the drowned dog.
Therefore, the Golden Week holiday in January had just passed, and Xiao Qi immediately stood up and spoke again.
"I think the price of oil is far from where it should be! Do you think that $100 is a high price and you should be panicked? Wrong! The price of oil will definitely rise to $150 this year. This is our era of high-priced oil.
It’s coming. No one can stop it!”
The young man's remarks on Weibo were directly regarded as the most important discussion item on the financial channel's evening news by N, NBC, BBC and other major TV stations. Countless experts jumped up and down, striving to stamp out this nonsense.
Guy.
"It's ridiculous! Xiao Qi only won twice by luck. What is there to be proud of? Can't he see that at the end of December, the price of oil was just a little bit short of reaching 100? It has also been sideways in the past few days.
The shock proves that the market simply does not have the strength to accept such a high price!”
"I hate this kind of upstart. He should focus on his smart electronic market instead of the volatile industry of oil futures! Even Buffett, Soros, Rogers and other big guys don't dare to predict like this. He thinks he
Who is it? Anyone who listens to him is the biggest fool!"
"Haha, the U.S. economy is constantly declining. The European economy has also been greatly implicated. Everyone knows that when economic development improves, oil prices will rise, but when economic development worsens, oil prices will rise.
It will fall. This is caused by market rules. I think Mr. Xiao Qi is too complacent this time."
"How is this possible? The economy has weakened to this point. Who can still afford crude oil that costs 100 US dollars a barrel? The cost of raw materials is so high, who is willing to use it? The current oil inventory in the United States is enough to last for a while.
Time, once the U.S. oil inventory is gone, I believe that with such a high price, they will not dare to purchase in large quantities! Only when the price of oil plummets will everyone start buying!"
"..."
In response to these criticisms one after another, Xiao Qi simply said on his certified Weibo: "I bet that the price of oil will rise to 150 US dollars before July 31 this year, and I will provide 20 billion
If you are interested in a U.S. dollar betting fund, please contact me. Those who only know how to talk, please shut up!"
For a while, the clamoring experts restrained themselves a lot.
Because in Xiao Qi’s past two oil bets, they had been slapped in the face again and again. Those who had a little bit of shame were embarrassed to argue with Xiao Qi on this matter again, let alone Xiao Qi directly said
The gold and silver were put out for gambling.
The rich people no longer dare to make trouble, but the reporters who have no money shuttle between various funds and investment banks on Wall Street and start various interviews and sow discord.
Employees and senior executives of Merrill Lynch and Goldman Sachs, which have suffered losses many times, remained silent about this, and even cursed people when pressed.
Citigroup, Lehman Brothers, Bear Stearns... Well, there is no need to ask about Bear Stearns. The company that has collapsed is still one of the promoters of Xiao Qi's bet. If you ask, you may be beaten up.
For the remaining two companies, Citigroup and Lehman Brothers, Lehman Brothers executives responded directly, saying that they would no longer engage in betting and would instead focus on their work.
Citigroup's answer was the same, but according to internal intelligence sources, those groups that excluded Xiao Qi and looked down on him had already lost their important status because of this gambling, while Xiao Qi's close Asian group had won a big victory and was in management.
The layer occupies an increasingly larger advantage.
As for other funds and companies, none of them dared to challenge.
The reason is very simple. Xiao Qi's grasp of the oil market is so accurate that it makes people feel frightened!
Hundreds of experts can't match Xiao Qi's judgment on the market, which makes people feel as if he can see through the future!
Betting against such a foolproof person is like having too much money and no place to spend it!
Due to the celebrity effect, Wall Street's expectations for a sharp rise in oil prices have increased because of Xiao Qi's wild words.
As the saying goes, some people are happy and some are sad.
The giants of OPEC are naturally very frightened, but at the same time, other companies are very happy.
For example, the three giants from Russia, Rosneft, Lukoil and Surgutneft, have been very active on Wall Street recently.
Why?
Of course it's because the price of oil has skyrocketed, and those of them who make a living by selling crude oil and products have made a lot of money!
People's pursuit of money may still be limited, but for a company that aims to make profits, its pursuit of money is absolutely endless!
The three companies that have made at least 3 to 10 billion US dollars more. Seeing that the situation is so good and the situation is so favorable, of course it is like taking a shot of chicken blood, and the first thought is to expand production!
Yes!
Taking advantage of this wave of good market conditions, the faster we expand production and sell oil, the more money we will make!
Even if the oil price drops after a year and a half, then based on the current upward trend, it will probably be around 80-100. Even if it drops to 60, such a price will still make huge profits!
Therefore, when OPEC may announce another production cut, they feel that now is their opportunity to develop.
It has been more than 16 years since the Soviet economy was directly destroyed, and the Russian economy has never recovered.
No!
To be precise, the economy of the former Soviet Union was not normal at all from its establishment to its collapse.
The heavy industry of the Soviet Union was extremely developed, but their light industry and daily life industries were extremely lacking, which directly led to people's low living standards.
After the collapse, Russia was like them. Even after Putin came to power, it is still very dependent on the export of resource products, among which the export of natural gas and oil accounts for a large share of their foreign trade.
It is precisely because the energy economy is the lifeline of Russia's foreign trade that they are so anxious to make more money so that they can show their prestige in front of the Chinese people and make the leaders above them take more notice of themselves - you read that right, Russia's
Like China, most of these oil giants are state-owned.
If you want to expand production, the most important thing is of course money!
What is the most popular thing on Wall Street?
Money!
Therefore, Russian businessmen and brokers are jumping up and down Wall Street, hoping to borrow large sums of money to take back and develop their own oil fields that can be exchanged for money!
But now is when Wall Street is in trouble. Who can lend them how much money?
Even though Goldman Sachs, Morgan Stanley, Wells Fargo, etc. borrowed money, it was far from what they expected.
Under such circumstances, they found a super rich woman who was said to have more than 20 billion US dollars in cash.
That’s right!
She is the so-called number one genius girl...Tang Mingxiang! (To be continued...)
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