"We have been trading gold futures. We had been hedging and investing conservatively. Even in August, gold prices had dropped a lot, but we managed to make some profits by shorting gold. We had discussed and felt that gold prices will continue to rise this year. It should be around 380 USD. "
He Zhaoji's views were similar to Fu Rongqi's. They were both conservative, but gold prices will rise in the short term. But none of them had expected gold prices to exceed 380 USD and even reach 390 USD.
But this was enough to prove that these people were capable. Feng Yu does not need a bold broker. He only needs someone with rich experience, who can make his own decisions and listen to him. If these brokers were not obedient, Feng Yu will not want them no matter how capable they were.
In Feng Yu's mind, he had the memories of his previous life. He had studied the trends of these financial products more than a hundred times in his previous life.
Feng Yu felt that in this era, Soros and Warren Buffett can only step aside. He is the real God of Stocks and the financial tycoon!
"How much funds do we have now? Can we invest in gold futures?"
"Including your funds, our brokers' accounts, and some of the accounts that had agreed to invest in gold futures, we should have more than 500 million HKD."
Feng Yu really wanted to invest big. Was he going to use all his funds?
But very soon, He Zhaoji knew that this 500 million HKD was only a small portion of Feng Yu's funds. The rest of the funds will enter the market soon.
"Only 500 million? Fine. You keep an eye on this. Some of the funds will be transferred to my company's account later. After that, we will start to trade gold futures. "
Not everyone dares to let their brokers invest in gold futures. Most of the investors had only signed a contract to invest in shares. If they used their funds to invest in gold futures, it would be against the law. It would also affect the company's reputation.
500 million HKD was not a lot. Luckily, Feng Yu had prepared a few more funds. It was rare for him to invest personally, and he must make more profits.
"Boss, China's Tai Hua Trading had transferred 300 million RMB to our account!" After a while, He Zhaoji saw the change in the account and immediately reported to Feng Yu.
Feng Yu nodded calmly: "Ok. I know. Ask someone to go downstairs and buy a cup of milk tea. Your tea doesn't taste good. "
Ten minutes later, He Zhaoji rushed into the office with a cup of milk tea. "Boss, China's Wind & Rain Electronics transferred 100 million RMB to our account!"
"Ok. Leave the milk tea here." Feng Yu was holding a copy of < Wesley > and was engrossed in it. It would be even better if it was a simplified version. Reading traditional characters was too tiring.
This novel was not available in Bing City. When he arrived in Hong Kong, Feng Yu bought a set of it to kill time. This novel was more suitable than watching movies.
15 minutes later, He Zhaoji rushed into Feng Yu's office and took a deep breath. "Boss, Japan's Aiwa had transferred 30 million USD into your account!"
"Okay, I got it," Feng Yu said without raising his head. He grabbed the milk tea on the table and took a sip, but he had no intention of moving.
He Zhaoji looked at Feng Yu in a daze. There were three transfers, and the total was more than 500 million HKD. This boss was still waiting? Could it be that he still has more funds?
5 minutes later, He Zhaoji excitedly ran to Feng Yu and reported: "Boss, a Japanese company called Sixth Sense had transferred 50 million USD into your account!"
At the same time, He Zhaoji looked at Feng Yu with a weird expression. It was not because Feng Yu had received a large sum of funds. It was because He Zhaoji had heard of this Sixth Sense company. It was a company that sells sex toys. Could it be Feng Yu's boss had set up this company?
Feng Yu kept the bookmark in his book and closed the book unwillingly. He did not notice He Zhaoji's expression, or else, he would be furious. What's wrong with setting up a sex toy company? Is setting up this kind of company not a decent person?
Feng Yu looked at his watch. There was still time: "It's about time. Prepare to place the order. What is the price of gold now? "
Now, with the Internet, they don't need to go to the trading center. They can directly use the computer program to issue trading orders. However, he still needed confirmation from the Exchange. It wasn't as simple as it was before Feng Yu's rebirth.
He Zhaoji turned around and reported to Feng Yu, "Boss, the current price is 259.8 USD per ounce."
"The client's funds will be sold at US $280 with ten times leverage," Feng Yu said.
"Everything? Boss, aren't you going to short it? "Was the boss planning to use his own funds to short it? But didn't the boss agree with his analysis and think that gold will rise before the end of the year?
"Everything! There's no need to go against it. This time, we're not hedging. We're only going to bet on the upside! "
What? No hedging! Boss is saying that he is going to use more than 1 billion HKD to buy the market and not hedge? That's 10 times leverage. If it falls by 1 USD, it's a loss of 10 USD! Didn't the boss always ask them to invest conservatively? Why was he so aggressive this time?
"What are you waiting for? Place the order! Inform the rest of the clients to place their orders. "
He Zhaoji walked to the door and clapped his hands to attract the attention of the rest. "Boss said to use all the funds we have prepared to buy gold at US $280 with ten times leverage."
The rest were as surprised as He Zhaoji. 280 USD? Could it be that the boss believes that gold will rise to more than 280 USD? But wouldn't it be too risky to operate with ten times the leverage without leaving any funds?
But when they thought of their boss's abilities, they chose to believe him. What's more, during the Gulf War, the company's boss had a magnificent feat of shorting crude oil with high leverage. That was simply a myth!
After the rest of the clients placed their orders, He Zhaoji returned to his office and started to place orders for his clients.
"Wait a minute. Place 281 USD and 282 USD for your clients." He Zhaoji was the company's manager, and Feng Yu wants to build up his reputation and let his clients earn more. Of course, Feng Yu also wants to see if He Zhaoji dares to place orders at this price.
"Boss, is the price too high?"
"High? I don't think it is high at all. I will use my own funds to place the lowest price at 285 USD and the highest is 288 USD. You can start now. "
He Zhaoji's eyes opened wide. Boss thinks that gold prices can exceed 280 USD or even 285 USD? Is this possible?
Gold prices had rebounded after falling earlier. Boss thinks that this year's gold prices will have a V-shaped curve? That means Boss thinks that there will be more people investing in gold in the short term, and this will push up the gold prices?
He Zhaoji gritted his teeth. Boss even dares to invest more than 1 billion HKD in gold. He Zhaoji knew that his boss's foresight was better than him. Since Boss said the gold prices will rise, then it will surely rise.
He had placed orders for his clients at 282 USD, and he had used ten times leverage to place orders to 285 USD in his account!
He didn't hedge against it. He also invested fully. If the price could really rise to such a high level, the money he invested would almost double! Next year, he would invest in the US stock market. As long as he watched carefully, he would become a happy multi-millionaire in less than two years!
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