After New Year's Day, Feng Yu flew to Hong Kong again. This time, he went to Wind & Rain Consulting to look at their investments.
During that incident, Wind & Rain Consulting had bought gold at 275 USD and sold it all at 290 USD. Feng Yu remembered the fluctuations were about this much in his previous life.
In fact, London Gold's peak price was 294 USD per ounce, but the fluctuations were very high. Most of the investors were like Feng Yu. When the gold price exceeded 290 USD, they immediately sell their gold.
Of course, some gamblers sold their gold at a higher price. But some people made a mistake. They thought the gold price will exceed 300 USD.
At this time, Wind & Rain Consulting shorted gold. Many people were puzzled. During a war, gold prices should be rising. Why did Wind & Rain Consulting say gold prices will fall?
As a result, when the US announced that it would send troops to Afghanistan, the price of gold began to fall, falling back to the price of $275. This was because most investors believed that the US would destroy the terrorists in Afghanistan, and the US economy would recover quickly. When that happens, more people will invest in the stock market.
At this time, the Fu Family, Li Family, and the rest entered the market, and they missed the first wave of profits. Although Wind & Rain Consulting did not use high leverage and had hedged their investments conservatively, they had invested a large amount of funds, and Wind & Rain Consulting had made a few billion USD profits in less than two months.
When gold prices fell to 275 USD, Wind & Rain Consulting bought gold again. This time, Feng Yu told them that it's time to invest in the long term.
Why? It's because the US did not win the war in Afghanistan as they had expected. Instead, they faced strong resistance.
That's why this time, it will become a real war. This is the chaotic world that Feng Yu mentioned.
Gold prices are fluctuating now, and there are no signs of it rising. After falling back to $275 at the beginning of October, it had risen to as high as $280 and had even fallen to $272 several times.
He Zhaoji and the rest of the people had an easy time. This was because the leverage they used was not high, and they had hedged their bets. Even if the gold price falls to 260 USD, they can settle the contracts in time and have enough funds to hedge their bets.
But the Li family was very troubled, especially Li Zekai.
The time Li Zekai entered was neither too early nor too late. It happened to be when the price of gold was around 290 USD, which was the highest it had been for a while.
After that, the price of gold took a dive. If it wasn't for Feng Yu's timely notification to Li Zekai, he would have suffered a huge loss. Although he didn't lose money this time, he didn't make any money either. Also, Superman Li refused to lend him any more money to invest in the gold market.
Feng Yu had clearly reminded him that when the US announced the deployment of troops, the gold price would definitely fluctuate violently. It would either go up or down, but Li Zekai had bet on the gold price going up.
If it wasn't for Superman Li mobilizing funds to help him, he would have lost a large sum of money by now!
The Fu Family had participated in this, but Fu Rongqi was one of the top financial tycoons in Hong Kong and Asia. His company's main business was financial investments and had a large financial team.
The Fu Family also believed Feng Yu's words. Gold prices will surely rise in the future, but they also know that there is a possibility of the gold price crashing. That's why the Fu Family had also hedged their bets and used low leverage.
Although the Fu Family's profits were not as high as Wind & Rain Consulting, it was still good. They had invested a few billion USD and made about 400 to 500 million USD.
Although the Fu Family also felt gold prices will rise, they will not put all their eggs in one basket. They had also invested in other financial products and had set aside some funds to prevent any accidents.
Superman Li told Li Zekai that he can also invest in the financial market. You must learn from Feng Yu and set up a proper team.
Feng Yu had told you that the US will be sending troops to Afghanistan and gold prices will rise. But did you hear the details? You only heard gold prices will rise and bought it. If it wasn't for Feng Yu's good friend to inform you when you should short sell your gold, you will not even have the chance to borrow money from me!
During this period, gold prices fluctuated violently, but it did not rise. The Fu Family was able to hold on. Feng Yu had told them that they will invest in the long term.
But with Li Zekai's character, he could not hold back. Gold prices had risen to almost 290 USD, and how come Wind & Rain Consulting and the Fu Family are not going to close their contracts?
So, Li Zekai called Feng Yu and asked Feng Yu when they will close their contracts. But Feng Yu told him that gold prices will rise to more than 300 USD this year and might even reach 350 USD. But it will take a long time. This time, unless gold prices crash, they will not close their contracts.
Li Zekai was shocked. What did Feng Yu say? Gold prices will rise to 350 USD?! As for Feng Yu's words, he had ignored the word 'might'.
Feng Yu also wanted to know the recent gold price trends and other information to see if they should increase their leverage.
So, Feng Yu came to Hong Kong, and Li Zekai and Fu Guangzheng also came to Wind & Rain Consulting.
"Brother Kai, I'm sorry about what happened last time. I did not make myself clear and almost caused you to lose a lot of money." Feng Yu apologized. He did not know that Li Ze Kai was so unprofessional. He had only hired one financial broker. He was really brave.
Li Zekai was also embarrassed. "Brother Feng, I should be the one thanking you. If you had not reminded me to short the gold, I would have lost a lot. It was a close shave. Although he didn't make any money, he didn't lose anything either. At the same time, it also reminded me that not everyone can play in the futures market. "
"Hahaha, both of you stop being jealous. Young Master Li, you should invest your money in my fund company or Wind & Rain Consulting. Although our commission is higher, we will not risk your money. "Fu Guangzheng laughed.
"I appreciate Guangzheng's good intentions, but I also want to learn a little."
Li Zekai will not let Fu Guangzheng manage his money. He will invest in other companies, and there will be no profits. Although the Li Family's share prices were falling, the Li Family's investments were rising, especially their investments in China.
Li Zekai's pride will not allow him to let Fu Guangzheng manage his money. That means he, Li Zekai, is not as good as Fu Guangzheng! He can consider letting Feng Yu manage his money, but Li Zekai still wants to do it himself. After all, he can save a lot of commission. Wind & Rain Consulting's lowest commission is 20%. Who wouldn't be heartbroken?!
"Everyone has their own ambitions. It's understandable that you want to play by yourself. But this time, we must be careful. "Feng Yu said with a smile.
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