The next day, Feng Yu received a call from Li Zekai and Fu Guangwei. He knew that both of them had accepted Feng Yu's arrangement to send their staffs to each other's companies to learn from each other. They also said that they will not make things difficult for each other's staffs.
Feng Yu was satisfied with their attitude. This was the right attitude. Both of them were making money together, and they should be happy. What's the point of scheming against each other?
Feng Yu had nothing to do in the day, and he went to attend a few classes. One of them was Professor Liang's class. Professor Liang was indeed an expert in economics. Feng Yu was inspired by his lectures.
Professor Liang would always use the simplest method to let the students understand the content of his lecture. He was not like other teachers who would use some obscure jargon to show that they were knowledgeable, but the students did not really learn anything from them.
After class, Feng Yu noticed that there was a call back from his pager. He took out his phone and realized that it was out of battery. Mobile phones nowadays did not have a long standby time. His phone was fully charged in the morning, but it had shut down in less than a day! The construction of the battery factory was too slow. It was mainly because of the pollution prevention measures. Feng Yu decided to ask the laboratory to get a high battery capacity battery first.
Feng Yu found a phone booth and called the other party back.
"Hello, I am Feng Yu. Who is this?"
"Nephew Feng, I am your Uncle Qi. Are you free tonight? Come over to my place for dinner. It's been a while since we last chatted. "
Fu Rongqi? He wants to invite me over for dinner? Does he have something to discuss with me?
"Ok. I will be there in a while."
At the carpark, Feng Yu called Old Chen and took out a bottle of red wine from the car boot. This wine was not for himself. It was a gift for him. This way, he does not need to buy it from the shops.
When they arrived at Fu Rongqi's mansion, Feng Yu handed him a glass of red wine.
"Nephew Feng, have a seat. Dinner is ready."
During dinner, Fu Rongqi asked about Tai Hua Supermarket Corporation, and Feng Yu briefly told him about it. He was sure that Fu Rongqi was not looking for him to invest in Tai Hua Supermarket. He must be looking for something else.
About half an hour later, after dinner, Fu Rongqi invited Feng Yu to his study room for a cup of tea.
"Nephew Feng, other than the supermarket, what have you been busy with recently?"
"Class," Feng Yu said matter-of-factly. I'm still a student. What can I do if I don't attend classes?
Fu Rongqi was stunned. Class? He suddenly remembered that Feng Yu is still studying at Hong Kong University. But that wasn't what he was asking about. He was asking about business.
"Apart from attending classes? Didn't you pay attention to the international financial situation? "Fu Rongqi asked.
"The international financial situation? He paid attention to it a little. Uncle Qi, do you have any good news? "Feng Yu asked curiously.
Fu Rongqi did not have any good news. He only wanted to know if Feng Yu had any good news so that he could follow and earn some money. Recently, the Forex market was not doing well, and Fu Rongqi did not make much money. Some time ago, Gold prices had plunged, and he also did not make any money. Luckily, he had some investments and had made some profits.
"I also do not have any good news. I just want to know if you have any analysis for us to discuss." Fu Rongqi made it very obvious.
Feng Yu also understood what Fu Rongqi was trying to do. He wanted Fu Rongqi to trust him more, and in 1997, he will help him to deal with the international financial speculators.
"Uncle Qi, what have you been doing recently? Let me help you analyze."
Be it Gold, oil or the stock market, Feng Yu only needed to look at the curve of the market, and he could remember how these markets developed in his previous life. Then, he combined it with his own experience and made an inference to ensure that he was not far from the truth.
"Recently, I have been trading Gold futures. But the prices had plunged a lot. Although I did not make any losses, I did not make any profits." Fu Rongqi was not ashamed. The futures market was unpredictable, and he was using high leverage. It was good enough that he did not make any losses.
"Do you have the data for the past few months?"
"Yes." Fu Rongqi immediately passed the graph to Feng Yu. He had prepared this a long time ago.
Feng Yu took a look at the graph and knew what was going on. He recalled his previous life. At the end of 1993, the price of gold had returned to almost 400 USD per ounce. The current price was around 360 USD, and if he continued to bet on the rise, he would surely make money.
At the beginning of the year, the price of gold was around 330 USD. At the end of July, it rose to more than 400 USD and then dropped to 343 USD. It rose to 370 USD and then dropped back to 360 USD. Fu Rongqi guessed that he had lost all the money he had made in the first half of the year.
"Uncle Qi, I will be making some Gold contracts tomorrow. I am betting on the rise." Feng Yu put down the graph and looked at Fu Rongqi.
"You are betting on the rise? Why? "
"Because of the international economic situation, especially the US. The US stock market had been rising for the past few years, and it will continue to rise for the next few years. If they made money there, there would be more people and more money to invest in gold as an international currency, especially since it could avoid political risks! Actually, it is safer to invest in the US stock market now. We should be able to make some money. "
Fu Rongqi nodded. Most of his investments were in the US stock market, and Feng Yu's analysis was the same as him. But the stock market was rising too slowly. Although it had been rising, it was not as profitable as trading futures.
This year, Fu Rongqi had worked with his second brother, Fu Rongqu, to buy a lot of land in Hong Kong. His funds were tight, and he wanted to withdraw some of the money he had invested in the US stock market.
Fu Rongqi was also involved in businesses to ensure that he would not fail. Even if there was a financial crisis one day, he still had some businesses to help him tide over. But Fu Rongqi preferred to work in the financial sector. He was more familiar with making money in this field.
If he had trusted Feng Yu and followed Feng Yu to short crude oil during the Gulf War, he would have been Hong Kong's richest man by now.
The Fu Family was one of Hong Kong's oldest families, but his father had split his assets to the 4 brothers. Although Fu Rongqi had gotten the majority of the assets, he was only Hong Kong's 4th richest man.
Although the Fu Family's assets were the most influential in Hong Kong, they had split into 4 families. Although Fu Rongqi was still the leader of the family, he wanted to get back into the top 3.
Fu Rongqi wanted to get back into the top 3 of Hong Kong's Billionaires list and even pull Superman Li down. He wanted him to be Hong Kong's Richest Man. The financial sector was the fastest way for him to achieve his dream.
Fu Rongqi's analysis was that gold prices will continue to rise. But some people in his team objected. They felt gold prices will fluctuate, and it was not easy to control. This was why Fu Rongqi came to look for Feng Yu. After all, Feng Yu had even predicted the price of crude oil during the Gulf War. In Fu Rongqi's eyes, Feng Yu was a financial expert!
"Then how high do you think gold prices will rise by the end of this year?"
"At least 380 USD. 390 USD is also possible." Feng Yu replied confidently.
According to Fu Rongqi's analysis, 380 USD was the upper limit. Feng Yu's analysis was 10 USD higher than his! Feng Yu's analysis made Fu Rongqi believe that 380 USD will surely hit the target.
This time, Fu Rongqi decided to make a big bet with Feng Yu!
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