Chapter 400

Sales of 900,000 calculators amounted to $162 million.

After deducting the production cost of 35 US dollars, plus the foundry fee of 10% of Intel's sales, the remaining 114.3 million US dollars.

A total of 14.3 million US dollars was left for the factory to make follow-up production funds, and a full 100 million US dollars was lying in the account.

Looking at UBS, the California-based general manager with a flattering smile on his face, Li Changheng squinted his eyes and asked, "How much crude oil spot can you help me buy before the tax deadline in the United States."

"SIR, you, you mean, buy spot crude oil for $100 million instead of three-month or half-year futures?"

Li Changheng glared at the other party, and said with a frown, "If I use several times the leverage to increase the funds to hundreds of millions of dollars to buy crude oil futures, do you think someone has enough crude oil to sell to me?

And even if someone really sells it to me, do you think that after three months, the price of crude oil will be stolen, or even the United States, or those crude oil producing countries in the desert, will suppress the price from 1.8 to 2 US dollars to 1.5 US dollars, or even 1 dollar price.

Then swallow my futures contract in one gulp and drive up the price of crude oil? "

Therefore, Li Changheng never thought of going to the New York Mercantile Exchange and the Chicago Mercantile Exchange to buy crude oil in the form of three-month, half-year, and one-year futures.

From the 1960s to the 1970s, the price of crude oil around the world has been maintained at between 1.8 and 2 US dollars.

Such a low oil price caused the Americans to produce 5 million barrels of crude oil per day in 1954, which plummeted to 1 million barrels in 1967, and has been maintained until now.

Last year, the United States imported an average of 4.2 million barrels of crude oil per day. According to the highest price of 2 US dollars per barrel of crude oil at this time, it only imported 3.066 billion US dollars of oil a year.

In 1973, only 6.2 million barrels were imported per day, and the total amount was only 4.5 billion US dollars.

If Li Changheng's crude oil futures contract increases the capital to 300 to 500 million US dollars, let alone the commodity trading markets in New York and Chicago, who has the ability to eat this super giant contract.

Even if someone ate it, it would instantly cause the price of crude oil to skyrocket.

The local tyrants in the desert and the various oil-producing countries will definitely be ecstatic at first, but the Americans will definitely suppress the price without hesitation, and swallow his 100 million by the way.

Then maybe when Li Changheng lacked funds, he could bite off a big piece of fat from Intel.

Therefore, it is not impossible to fry oil with leverage. No one cares about millions or tens of millions.

But 300 to 500 million US dollars is not frying oil, but smashing the places of capitalist countries such as the United States, England, Japan, and West Germany.

The consequence of rising oil prices is a rapid rise in production costs, a large number of small and medium-sized enterprises go bankrupt, and the number of unemployed people rises rapidly. Then there is a domino effect, and the economy stagnates, and even secondary growth occurs.

In the end, it will affect the consumption of crude oil in turn. Therefore, as long as the desert tyrants are not stupid, they themselves will focus on Li Changheng's crude oil futures contract.

Because even if it is going to rise, it has to be in their interests, either by themselves or by the US government.

And to be honest, whether it is the first ten years or the next few decades, the biggest bulls and bears in the crude oil market are these local tyrants themselves.

Therefore, when Li Changheng buys spot crude oil, he must not buy it from large or small bulk cargoes in the market. He can only buy it from oil reserves in the United States, local tyrants in the desert, and large oil companies in the United States and the United Kingdom.

As long as it is written in the contract, the crude oil has been stored for two years.

Not to mention 100 million, even if it is 1 billion US dollars of crude oil, the Americans will sell it to him.

Because this is just a book settlement, the oil is still in the reserve, and there are two years to increase purchases, it will not affect the market at all.

While the American earns the price difference, he will also charge his storage fee. Adding up the two fees, it is easy to get 3 to 5 million US dollars.

Even large oil companies that do business in the United States, England and other countries will rush to do business with him.

Moreover, crude oil is not refined gasoline or diesel oil, and it is stored in underground oil storage depots. The three-year shelf life is still no problem.

Because oil depots in various countries are generally replaced every 3 years.

Only open-air and semi-underground oil tanks and oil depots will be replaced every two years.

And this every two years means that if the crude oil is refined after two years, it will not affect the use.

Not to mention that the engines of cars, trucks, and large boats in this era are not as delicate as the engines of decades later.

A week later, Li Changheng received his team of lawyers, Vice President Rand Van Gundy of UBS in his manor, and more than a dozen local tyrants in white robes unique to the desert.

But these real local tyrants, in turn, treated him like a super rich man.

Enter the door and salute Anne, and then give a crown with a main diamond of 76 carats of white diamonds surrounded by large and small diamonds as a gift.

With just one glance, Li Changheng felt that the crown was worth at least 4 million US dollars.

I thought it was a generous gift, but I didn't expect that the local tyrants would actually give me a small dagger studded with red and sapphires.

They also solemnly presented one, a ruby ​​ring the size of a thumbnail, with a raised deer head heraldry ring engraved on it.

Although this pigeon blood ruby ​​is worth about a million dollars, it is not that simple to complete the carving in seven days or even less and make it into a heraldry ring.

However, this is actually easy to understand.

For local tyrants, what is crude oil?

It's just a mineral that is buried in the ground, and when the oil well is opened, it will erupt by itself.

Not to mention giving Li Changheng and Annie gifts worth several million, they would be willing to give even ten million.

Because this order of 100 million US dollars is tantamount to a surprise.

Otherwise, there would not be two desert countries coming together.

Although they didn't compete on their own, they must have allocated their share before coming.

In front of everyone, Li Changheng looked at the ring carefully for several minutes with a happy expression on his face, but the local tyrants in the desert were impatient or showed no sign of getting angry.

On the contrary, the more carefully and longer he looked at it, the more he liked this ring.

In the end, Li Changheng actually put it on the ring finger of his left hand, and thanked in desert etiquette and Arabic, "Thank you, I like this gift very much."

Seeing that he could speak Arabic, everyone immediately became more happy and said polite words while returning the salute.

Walking into the living room and drinking a few cups of very sweet black tea, together with coffee and dessert, it was the end of the courtesy reception.

Li Changheng originally planned to take the local tyrants to the reception room to discuss business.

Unexpectedly, Harry Hart, who was dressed in a decent suit, walked over quickly and whispered in his ear.

"SIR, Mr. Taylor, Vice President of Boeing, came to visit you with a few people who claim to be First City Bank."

When Li Changheng heard it, he immediately thought of Citigroup.