Early February, He Zhaoji called Feng Yu. Feng Yu's investments in London gold and oil futures had all been settled, and gold prices had fallen to 354 USD. Should it be time to buy in?
He Zhaoji and a few other brokers from Wind & Rain Consulting felt that gold prices will surely rise, and this price should be the bottom. It should not fall below 350 USD.
The futures market is very volatile, and Feng Yu decided to be conservative. He told He Zhaoji to invest safely and use low leverage or a small amount to test the market. His investment limit is 100 million USD.
He Zhaoji sighed in his heart. General Manager Feng still does not trust him enough. General Manager Feng had made more than 2 billion USD from his investments in London gold and oil futures. Now, his total assets were over 3 billion USD, and he only gave He Zhaoji a 100 million USD investment limit.
But He Zhaoji firmly believes that if he continues to perform well, General Manager Feng will let him manage more money. He is confident that he can help Feng Yu make money in the gold market, and at the same time, he will also get high commissions.
3 days later, He Zhaoji settled his first London gold futures and made 10 million USD for Feng Yu. Feng Yu seems to be happy and allowed He Zhaoji to invest 200 million USD this time.
A few days later, He Zhaoji made money again, and the gold price is now 368 USD. Feng Yu increased He Zhaoji's investment limit again and allowed him to use 500 million USD.
On the fourth time, Feng Yu allowed He Zhaoji to use 1 billion USD, and He Zhaoji still made money. But the profits were still around 10%, and Feng Yu is satisfied.
Feng Yu is afraid that He Zhaoji will be too confident and use high leverage to invest in London gold. Although he might make a lot of money, he might also lose all his money. Feng Yu does not have time to monitor the market every day, and his memories from his previous life are not accurate. If one day the gold price fluctuates too much, Feng Yu does not want to lose all his money.
He Zhaoji had adopted the most conservative hedging method. He could tell that his boss was not short of money and only wanted stability. Actually, Feng Yu also wants to be safe. 1 billion USD to speculate in London gold. Even if he wants to be safe, based on the current fluctuations in gold, he can make at least tens of millions a week. His commission will not be small.
However, if he used high leverage and lost money to his boss, the loss would definitely not be a small amount. Although Hong Kong was returning to China and the triads were being suppressed, many gangsters were still willing to kill someone.
During this period, the Fu family was also investing in London gold. They were also doing short-term investments. Other than the first time Fu Rongqi and his brothers used high leverage and doubled their profits, he also started to hedge his investments.
The Fu family had made more than 2 billion HKD from the first transaction. This was more than enough. Fu Rongqi did not allow the rest of the Fu family to be too aggressive. He also chose to invest safely. Even if he could only make 200 million HKD a month, it was fine. Anyway, the Fu family's other businesses were still making money. The financial industry had high returns, but there were also high risks. Fu Rongqi also decided to enter Hong Kong's real estate industry.
Many financial investors had one thing in common. They did not make large investments. Instead, they would invest in products that were easy to cash and could maintain their value. Once they found a good opportunity to make a lot of money, they would make large investments and make a huge profit.
There was a saying that if you don't do business for 3 years, you will be able to survive for 3 years.
For example, Soros's team was doing this. With over 10 billion USD of funds, their annual profits were less than 1 billion USD. But suddenly, in a certain period of time, they could make more than 10 billion USD. Even if their investments failed, they would not lose a lot.
After the good news from Hong Kong, there was also good news from Kirilenko.
There were rumors that after the last Soviet Union's top management meeting, a few allied countries had objected to Mikhail Gorbachev's policies. Mikhail Gorbachev's support rate was dropping. From the looks of it, Mikhail Gorbachev will not be re-elected.
Yeltsin, the most popular candidate, did not say anything. But many people felt that Mikhail Gorbachev would step down early, and Yeltsin would be the Soviet Union's President. Of course, there were also people who felt that Yeltsin would not be the Soviet Union's President. This was because Yeltsin had announced that Russia would leave the Soviet Union.
Kirilenko's father, Senchenko, was also instructed to stockpile more military equipment, or rather, to stockpile as much as possible within Russia's borders.
Now, most of the Soviet Union's factories and enterprises were in a state of shutdown. Now, not only the leaders of those factories and enterprises, even the leaders of the government wanted to sell their factories and enterprises to make money. This would help the government's economy and the workers' lives. At the same time, they could also make a lot of money. Although this was akin to quenching thirst with poison, they had no other choice.
The Soviet Union was in chaos, and many people were starving. They could not care about anything else. If God wishes to destroy a man, he must first make him mad.
Many people in the Soviet Union were trying to make money. Kirilenko had a powerful background and was willing to pay. There were already 7 mining companies that had signed contracts with Kirilenko to sell their state-owned mining companies' shares to another company. This company was a collective owned company, but Kirilenko had hired all the shareholders. Actually, this company's shares belonged to Kirilenko alone.
The problem now was that Kirilenko did not have enough money. A few leaders of the mining companies started to rush Kirilenko to make the payments. If not, the contracts would be voided.
Although Kirilenko had made a lot of money during this period, it was not enough. The last time Feng Yu agreed to invest, Kirilenko told Feng Yu that there were still some paperwork to be done. Now, all the paperwork was done, and he came to inform Feng Yu to make the payments and sign the contracts.
Can I invest in a Soviet Union mining company? Feng Yu was overjoyed. This was good news. Feng Yu did not let He Zhaoji use all his funds was because he wanted to invest in a Soviet Union mining company.
Kirilenko had made it clear that Feng Yu might invest more than Kirilenko, but the shares he would get might be lesser than Kirilenko. Feng Yu did not mind this. Even if the shares he got were lesser, it was still cheaper than buying mines from other countries. Furthermore, the mines in the Soviet Union were all rich.
Because of this, Kirilenko also agreed to one condition from Feng Yu. Feng Yu will have the say in the mining volume and sales of the mines.
After hanging up, Feng Yu immediately inform Wilson and HSBC bank to prepare. Kirilenko will fly to Hong Kong to sign the contract with Feng Yu. At the same time, Feng Yu will transfer the USD to Kirilenko's overseas bank account. Feng Yu's lawyer and accountant will help him with the details. There was no need for Feng Yu to worry.
Feng Yu packed his things excitedly and flew to Hong Kong. He was going to invest in a Soviet Union mining company.
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