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Home > Comedy > Extraordinary Genius > Chapter 1711

Chapter 1711

Words:1621Update:22/10/27 09:15:14

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When everyone is speculating on crude oil, Feng Yu had divided the markets for everyone. Kirilenko will be guarding the London market.

Kirilenko is Europe's richest man, and Feng Yu hopes he can get some people to join him.

Although the funds of these few people will be effective, it is not enough to make crude oil prices rise. He needed the cooperation of other information and more funds.

There are many hidden tycoons in Europe, and most of the world's top non-listed companies are in Europe. Even the legendary Rothschild Family is deified.

The so-called Rothschild Family is only a community of interests. This community is very loose, and the members might be related to each other. But no one has the final say.

They are like a shareholding company, and no one has the absolute controlling stake. Everything is decided by the shareholders' meeting, and it must be in line with the interests of all the shareholders.

This kind of ancient family was inextricably linked to many large companies. It is exaggerated to say that the Rothschild Family can control the gold price. But it is true that they are good at investing in gold futures.

Since this family also likes to invest in the financial market, then they should be one of the targets. When crude oil prices rise, they can also make money if they participate. Why not get involved?

Kirilenko contacted an important member of the Rothschild Family and invited him to invest in crude oil futures.

Although this member's net worth is not low, it is not worth for Kirilenko to invite him personally. Kirilenko needs to invite other members of this family to participate.

Kirilenko succeeded. This family had analyzed the situation and felt that crude oil futures can make money. Of course, they still prefer to speculate on gold.

That's why they decided to cooperate with Kirilenko. They will pull other financial groups to participate in the crude oil futures market, but Kirilenko and Feng Yu must help them release some information to increase the gold price.

Simply put, everyone will help each other. They will only participate in the crude oil market, but the gold market is their main focus. They want Feng Yu and Kirilenko to participate in the gold futures market. They want to use each other's name and connections to make profits together.

Feng Yu also knows that the US sub-prime mortgage crisis had started. Soon, a large amount of funds will leave the US stock market, and these funds will flow into other commodities.

When the economic situation is bad, the price of gold will rise. This is normal. After all, gold was the real world currency, not the US dollar.

What's more, the most common currency, the US dollar, was depreciating. Why not exchange it for gold?

Although gold will rise very fiercely during this period, it will not rise as much as crude oil. This is because of OPEC's attitude towards crude oil.

Fortunately, Feng Yu had told his analysis to the government of Hua Xia in advance, so that they could increase the import of crude oil last year and the first half of this year. They could even pay for a year's supply of crude oil in advance. In this way, when the price of crude oil soared, they could avoid being affected too much. After all, Hua Xia's demand for crude oil would soar this year.

Many of Hua Xia's state-owned assets also listened to Feng Yu's words and bought large amounts of gold. This also allowed the state-owned assets to make a fortune.

Only in this way could Feng Yu be at ease to stir up the Wind and rain. Otherwise, he would make money, but the country would suffer losses. What kind of person would Feng Yu be then?

As for letting Hua Xia participate in the speculation of crude oil, it was impossible. If the state-owned assets get involved, it will be a big problem. But if the state-owned assets buy gold, it will not be a problem. After all, gold is an international currency.

The Europeans started to enter the market under the leadership of some people. They bought a large number of crude oil futures contracts and started to dump US dollars. This was what Feng Yu and his men did.

The result of this was that the crude oil price had exceeded 80 USD per barrel!

After this benchmark was exceeded, Feng Yu and his men can rest assured. The crude oil price had exceeded the reasonable benchmark, and it will attract more people and international speculators to enter the market.

… …

"Boss, the crude oil price had exceeded 80 USD and reached 81.3 USD." Drucken Miller reported.

Soros's eyes widened. The price of crude oil had exceeded the safety line of 80 USD? Internationally, the most reasonable crude oil price is between 50 USD to 60 USD. But OPEC claimed that 60 USD to 80 USD is the most reasonable price.

That's why the range between 50 USD to 80 USD is the reasonable range for crude oil.

But there was no news about crude oil, and how did the crude oil price exceed 80 USD? How can Hua Xia and the US, which have huge demand for crude oil, let the crude oil price rise?

Soros and his team had analyzed that if the crude oil price breaks through 80 USD, then there is a high possibility that it will touch the 100 USD line.

That means crude oil prices will rise, and Feng Yu and his men will make high profits!

How could Soros miss out on such an investment that would surely bring him profits? Especially during this period, the US stock market had slowed down, and the impact of the sub-prime mortgage crisis is getting worse.

Soros and his men's profits from the stock index had decreased, and the profits from the currency market are very low. That's why investing in crude oil is a good choice.

"Do you know why crude oil price had exceeded 80 USD suddenly?" Soros asked.

"Many consortiums in Europe had bought crude oil futures contracts and pushed up the price."

Europe's consortiums had joined? Soros had always wanted to win over those consortiums. With the support of these consortiums, it will not be difficult for Soros to become the world's number one financial god.

Since Europe's consortiums had joined, it will not be a problem for crude oil prices to reach 100 USD.

"Inform the rest to adjust our investment structure. We will reduce our investment in the stock index by two-thirds and put it into crude oil futures."

"Boss, are we not buying gold?" Drucken Miller reminded Soros. Buying gold now is also a good choice.

"Buy crude oil first, and when crude oil prices rise by 20%, we will sell and buy gold." Soros made his decision.

Drucken Miller went out to make arrangements, and Soros lit a cigar and took a deep puff.

Feng Yu, Feng Yu. You are so lucky to attract Europe's consortiums. But if you can make money, I can also make money. Also, I will make more money than you!

… …

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