Chapter 858 Wants to Seek Peace with Yang Chen

Chapter 858 Wants to seek peace with Yang Chen

If factors such as increasing production are suppressing several external factors, the situation can be forcibly reversed through large funds.

However, if the exchange increases the margin ratio, it is an intrinsic factor in the transaction, which cannot be solved with money at all.

Originally, 8 yuan could be used as 100 yuan, but now it requires 20 yuan to be used as 100 yuan. This will inevitably lead to an increase in transaction costs, which will lead to a sharp decline in the market.

At this time, Lundun Exchange was still in the closing state, and Daxia was in working hours.

Many financial influencers once again made videos or posted on Weibo to express their opinions.

For example, Caijing Wanzi Girl, who has done storytelling before, posted a new video commenting on the battle between Yang Chen and Glencore.

"Family, the nickel market has changed drastically! Seeing that the delivery day is coming, everyone thinks that Boss Yang will be massacred by foreign capital this time. But at this critical moment, the situation turned around. Including us in Daxia Many major nickel-producing countries in the country issued announcements almost simultaneously, announcing the release of nickel stocks to stabilize nickel market prices. At the same time, various countries also announced an immediate increase in nickel production. Everyone understands the economic common sense that the more supply, the lower the price. Therefore, Yeah, the price of nickel fell in response. When Glencore and other giants saw that this situation was wrong, they quickly mobilized real money and silver to take short orders and force the price back. However, at this time, our country joined forces with the United States, island countries and other coastal countries The country also announced the discovery of a large amount of iron-manganese nodule minerals in exploitable offshore areas. The nickel content of this mineral is as high as 17%. Once mined, the daily nickel production will be enough for normal use around the world for a year. This means What are you talking about? It means that nickel is suddenly worthless, and the market is in ruins. Now the nickel futures price can no longer hold up, and it is tilting down. This is nothing, what is more terrible is that Lundun Exchange announced that it will The margin ratio of nickel has been increased from 8% to 20%. This rule will directly kill the lives of giants such as Glencore. I have to say that Boss Yang is really powerful, and this counterattack is really beautiful. So the question is, how much money can Boss Yang make this time?"

Another example is that Finance David "Public Finance", who has posted video comments before, also posted a new video to comment on this case.

"Family members, it's time to turn around and fight back! In the past 20 days or so, the news that the international giant Glencore has teamed up with many Wall Street giants to hunt down Boss Yang has not stopped. Seeing that the delivery day is coming, just when everyone thought When Boss Yang was about to lose three years of profits this time, hey, the situation was reversed? First, the major nickel-producing countries announced that they would release stocks and increase production, and then many countries announced that they would develop iron-manganese nodule minerals with 17% of the nickel content on the seabed. , and finally it was the exchange’s turn to increase the margin ratio from 8% to 20%. Every piece of news was violently suppressing the price of nickel. At first, giants such as Glencore mobilized funds to prepare for the last few trading days. But I didn’t expect it. Ah, Lundun Exchange's improvement of the margin ratio system directly became the last straw to crush the nickel price. The nickel price will definitely fall to 20,000 meters of gold/ton at the opening of tomorrow. Boss Yang has suffered a huge loss of more than 100 billion meters of gold. To start making money, from being hunted to being hunted back, this process can become a classic case in the futures market. What if Boss Yang can become a rich man earning more than ten billion a day? With his vision, courage, and financial resources, Isn't this manpower top-notch in the world? If there is even a slight chance, he will not be able to complete the counter-attack. We laugh at Boss Yang being hunted, and Boss Yang laughs at us for being stupid, haha."

…

The penultimate trading day came, and the nickel price fell to the 20,000-meter gold mark as everyone expected.

And because there are too many short orders sold, giants such as Glencore no longer dare to continue to spend money to buy short orders to increase prices.

Of course, they have invested a total of 260 billion meters of gold, which has exhausted most of the available liquidity in their current accounts.

If they continue to mobilize funds to forcefully raise prices, firstly, they don’t have that much money, and secondly, they don’t have enough time, so they can only choose to lie flat.

Watching nickel prices continue to fall.

As of the close, the nickel price finally closed at 19,000 meters of gold/ton.

There is now the last trading day left. According to the current trend, it is certain to fall to around 10,000 meters gold.

If this is really the case, then Glencore and other giants will lose 90% this time. The 260 billion meters of gold they invested will have a book loss of up to 234 billion.

This is not counting the shady money they used to buy connections to suppress prices.

In a word, as long as the price drops to 10,000 meters of gold per ton on the last trading day, Glencore and other giants will lose close to 240 billion meters of gold.

Even though they are all international giants, they cannot bear to lose so much money all at once.

After all, those who lose money in the futures market are real money, not fake equity.

Glencore and other giants finally couldn't stand it anymore and quickly held a meeting to study countermeasures.

Now there was only one main road and one small road before them.

The "big way" is to immediately borrow enough money from banks and other institutions to bring the price back when the market opens tomorrow.

As long as this method is successful, they will not lose money.

But the success rate of this method is very low.

After all, everyone is bearish now. As many short orders as they take, new short orders will come in. No matter how much money they borrow, how can they go against global investors?

"Xiaolu" was negotiating with Yang Chen to void the contract between the two parties, so that they could lose less.

If they lose money on the margin, they will lose money. The main reason is that they will lose less when delivering goods to Yang Chen.

After some discussion, they decided to talk to Yang Chen.

Louis Bartrus quickly called Zhang Qingshan.

Zhang Qingshan was already prepared, quickly answered the phone, and immediately complained: "Mr. Bartrous, help me! I believed in your strength and followed you to do more, but now the price of nickel has dropped so much that my own father doesn't even recognize him." I lost more than 5 billion meters of gold in one fell swoop. The benefits you gave me were not enough to make up for my losses."

Louis Bartrus was speechless. Before he could speak, Zhang Qingshan complained to him.

Louis Bartrus hurriedly replied: "Mr. Zhang, we will discuss these things later. Please help me make an appointment with Yang Chen. I would like to have a video conference with him to chat. Is that okay?"

Zhang Qingshan asked knowingly: "Talk to Yang Chen? What are you talking to him about? He won't talk to you, so just give up this idea."

Louis Bartrus: "How do you know he doesn't want to talk to me?"

Zhang Qingshan: "Because he and I are partners. How do you think I know he doesn't want to talk to you?"

Louis Bartrus was stunned and did not react for a moment.

After a few seconds, he asked in surprise: "What do you mean? Are you partners?"

Zhang Qingshan: "Yes. Do you think you are plotting against him? In fact, every move you make is within his calculation. He deliberately asked you to find ways to raise the price, and then in order to maintain the price, you will definitely invest a large amount of money to buy short positions. This way, he can lock you in at a high position. He calculated that the international situation will ease and the major nickel-producing countries will increase supply. He even predicted the discovery of new sea mines. He will wait for you to take over at a high position, and then let all countries The news was announced at the same time, and you were all locked up instantly. People all over the world believe that the price of nickel will fall, and you can’t bring the price back even if you spend all your money. After all, no matter how powerful you are, you can’t go against the global investors. .Right?"