Chapter 1731 Difficult to Break Through the 0 Yuan Line?
"Boss, crude oil has risen to $97 again. It seems that it may not be able to break through $98 today. Last time, some consortiums in Europe sold off, which made crude oil that had just risen to $98 fall back to $98." Eleven dollars, shall we polish first this time?"
Soros motioned for Juken Miller to sit down, took out two cigars from his beloved cigar box, and threw one to his most valued subordinate.
"What's the current situation in the gold market?" Soros didn't talk about crude oil, but asked about gold instead.
"The price of gold has risen to around $740 per ounce. Many people predict that it will be difficult to break through the $750 line."
Soros is disdainful, is it difficult to break through the $750 line?
If you say that, you are either deliberately deceiving others, or you are mediocre!
Rothschild, the super interest body of one of the oldest families in Europe, has already made a move, so it is no longer a problem to leverage the price of gold.
What's more, there have been continuous contract delivery in the crude oil market recently, which means that some people plan to withdraw from the crude oil market.
So what will happen to those funds that have been withdrawn? Stock market, bonds, or other futures?
The easiest way to make money with the least risk is gold!
The stock market is now fluctuating and falling, how many dare to speculate in it? As for bonds, the risk is even greater.
Crude oil and gold, these are the safest bulk trading futures. Crude oil is blocked by the 100-dollar line, and it is difficult to break through, unless some financial groups work together to make it possible.
But it is clear that more consortiums are targeting gold.
With more funds entering, is it difficult for the price of gold to rise? Not to mention the seven hundred and fifty dollar line, even the eight hundred dollar line, he doesn't think it's a problem.
"Get ready, deliver all our crude oil futures contracts, and then buy gold futures contracts. According to our plan, don't be too risky, and don't be too careful."
"Okay, boss, I know what to do." Zhu Ken nodded.
Soros said with a smile: "Zhuken, I think I am about to retire. After this time, we will become the most profitable hedge fund company, and I will announce my rest at this time. My position will be next year. Yours!"
Zhuken Miller showed an ecstatic expression. At the time, the four King Kongs of their Quantum Fund, the other three had left, and he was the only one who chose to stay, not because of this seat.
This not only represents huge benefits, but also represents great fame and honor. At Soros' age, he should have retired a long time ago, and he finally got this sentence!
"Boss, you are still in good health, and the company still needs your leadership." Although he wished Soros would retire now, Zhuken Miller still hypocritically expressed his desire to retain Soros.
Soros laughed. In fact, he didn't want to retire at all. But after thinking about it for a long time, he couldn't think of how to make his wealth surpass Buffett, let alone Feng Yu.
Since the wealth cannot be surpassed, then do something that impresses them all, and then retreat bravely. In this way, no matter what achievements the two achieve in the future, people will always compare him.
When the subprime crisis broke out, Buffett and Feng Yu, the god of finance, did not earn as much as Soros!
In this way, even if Soros can't do anything world-renowned in the future, he will still be praised by the world, and he will fulfill his dream of making everyone remember him.
Although he has always been a hedge fund, he also has to admit that the industry is really important. Even the world's top conglomerates don't want to open banks.
It is not difficult to make money with financial products, but it is also easy to lose money. And when the industry is done well, it can continue to make money for many years, such as Coca-Cola, such as Wal-Mart and so on.
Compared with Buffett and even Feng Yu, what Soros lacks is industry support, and his capital scale cannot be compared with those two.
If I want to surpass those two people, especially Feng Yu, I am afraid that there is no hope in this life. After all, Feng Yu is much, much younger than him.
The funds led by Soros sold crude oil futures, causing the price of crude oil futures to drop a little again.
Then some international hot money entered the crude oil futures market. None of them thought that crude oil would rise by more than one hundred dollars, but now it has fallen to ninety-four dollars. Using ten times leverage, they can make a profit of more than 40% if they rise by four dollars.
And the fluctuation of four dollars can be achieved in one day.
Some people speculate in financial products for the long term, but there are still many people who like to speculate in the short term, especially those gamblers who use high leverage.
They can even use 20 to 30 times leverage in some financial companies. If they are lucky, even if the increase is only more than three dollars, their money can double in a day.
It is also these financial companies that make the financial market more crazy, and many people borrow money to invest. Getting rich overnight is definitely not a dream, it happens almost every day.
Kirilenko realized that something was wrong during this period of time. The price of crude oil had risen to 99 US dollars at the highest, but then fell back again, and even fell to 90 US dollars.
This kind of price fluctuation of about 10% brings great benefits.
Fortunately, they all hedged at this time, so that their losses were minimal. However, the price fluctuated back and forth, and it tested the hundred-dollar line several times, but it never broke through at all.
Experts from Kirilenko's brokerage team told him that it is difficult to break through the one-hundred-dollar line, which is not in the interests of those countries that import crude oil, such as the United States, China, and island countries.
Then the US and China consortiums will not let crude oil rise so high. The two crude oil falls, there are shadows of the US and island consortiums. ninety dollars.
They suggested that Kirilenko should speculate short-term during this period, with their strength, enough to guarantee a lot of profits. Or simply sell crude oil futures and speculate in gold.
The Rothschild family and the Quantum Fund are all speculating in gold. If they join, they will definitely make a lot of money. And that is more secure, and even higher leverage can be used.
But Kirilenko gritted his teeth and told those brokers not to mention it again. If Feng Yu doesn't move, they won't move. Once there is any real risk, he believes that Feng Yu will never ignore him.
Moreover, Feng Yu has never lost money on investment. Since Feng Yu is so sure that the price of crude oil will definitely break through 100 US dollars, even if no one in his brokerage team believes it, Kirilenko is willing to believe it!
... (To be continued.)
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