After New Year's Day, Feng Yu flew to Xiangjiang again. This time, he went to Fengyu Consulting to check out the investments there.
At that time, Fengyu Consulting bought gold at a price of around US$275 and sold it all at a price of US$290. In his previous life, Feng Yu remembered that the fluctuations were probably this big.
In fact, the peak price of London gold reached US$294 per ounce, but the fluctuations were relatively violent. Most investors make the same choice as Feng Yu. When the price exceeds 290 US dollars, they will make quick delivery and withdraw their funds.
Of course, there are also some people who are like gamblers and the delivery price is higher. Unfortunately, some people are mistaken and believe that the price of gold can exceed $300.
At this time, Fengyu Consulting opened a position in the opposite direction and sold gold short. Many people find it baffling. During the war, the price of gold should rise. Why is Fengyu Consulting still bearish
As a result, when the United States announced it was sending troops to Afghanistan, the price of gold began to fall, falling back to the price of $275. Because most investors believe that the United States will fight against terrorists in Afghanistan, and the U.S. economy will rebound quickly. By then, more people will definitely invest their money in the stock market.
At this time, it was also the time when the Fu family, Li family, etc. entered in a big way. They missed the first wave of profits. Although Fengyu Consulting used low leverage and made conservative hedging, the huge amount of funds invested also gave Fengyu Consulting, bringing in billions of dollars in profits, in less than two months.
Next, when gold fell to $275, Fengyu Consulting bought gold again, which was bullish. This time, Feng Yu told them that it was time to speculate in the long term.
why? Because the United States sent troops to Afghanistan, they did not win as quickly as they thought, but encountered stubborn resistance.
So this time, it became a real war, what Feng Yu called troubled times.
At this time, the price of gold fluctuated frequently, and there was no apparent upward trend. After falling back to the price of $275 in early October, it only rose to $280 and even fell to $272 several times.
Some people such as He Zhaoji find it very easy to operate because the leverage they use is not high and they have done enough hedging. Even if the price of gold drops to 260 US dollars, they can deliver in time and have sufficient funds to open reverse positions and hedge, ensuring that No loss.
But the Li family was very troubled, especially Li Zekai.
The time when Li Zekai entered the market, neither early nor late, happened to be when the price of gold was around US$290, which was the high point during this period.
Then the gold price plummeted. If Feng Yu hadn't sent someone in time to notify him of reverse short selling, Li Zekai would have suffered a huge loss this time. However, although there was no loss this time, I also did not make any money. Moreover, Li Chaoren refused to lend him any more money and asked him to invest in the gold market.
Feng Yu had clearly reminded him that when the United States announced it was sending troops, the price of gold would definitely fluctuate violently, either rising sharply or falling sharply, but Li Zekai just bet that the price of gold would rise sharply.
If Li Chaoren hadn't mobilized funds to help him and enable him to reverse short-sell in time, he would have lost a lot of money!
The Fu family was involved, but who was Fu Rongqi? He was the top financial giant in Hong Kong and even Asia. The company's main business is investment finance, and it has a complete and large financial team.
The Fu family also believes in Feng Yu's words that the price of gold will definitely rise sharply in the future, but they also understand that it is also possible to plummet. Therefore, the Fu family also does hedging and uses low leverage.
In this operation, although Fujia's profit was not as good as that of Fengyu Consulting, it was not bad. It invested billions of dollars and made four to five billion.
Although the Fu family also believes that the price of gold will rise, they will not put all their eggs in one basket. They have also invested in other financial products and set aside some funds to prevent unexpected liquidation.
Li Chaoren told Li Zekai that if you want to do finance, you can do that. You have to learn from Feng Yu and build a decent team.
Feng Yu told you that the United States will send troops to Afghanistan and the price of gold will rise, but did you listen carefully to the details? You just hear the price of gold goes up and you buy it. If Feng Yu hadn't been a good friend and notified you when it was time to sell short, you wouldn't have even had a chance to borrow money from me to make money!
During this period, the price of gold fluctuated somewhat violently, but it just couldn't rise. Of course the Fu family can hold on. Didn't Feng Yu say that he wants to be a long-term investor
But Li Zekai's temper was unbearable. The price of gold has now risen to almost US$290. Why don't Fengyu Consulting and Fu Jia Jia have any plans to deliver
So Li Zekai called Feng Yu and asked Feng Yu when the delivery would be delivered, but Feng Yu told him that the price of gold would rise to more than 300 US dollars this year, and may even rise to 350 US dollars, but it would take a longer time. So this time, unless there is a sharp drop in the market, there will be no delivery.
Li Zekai was shocked. What did Feng Yu say? The price of gold will rise to 350 US dollars? ! As for the two possible words Feng Yu said, he simply ignored them.
It just so happened that Feng Yu also wanted to take a look at the recent gold price trends and other information collected to analyze whether to increase the leverage ratio.
So Feng Yu came to Xiangjiang, and Li Zekai and Fu Guangzheng also came to Fengyu Consulting immediately.
"Brother Kai, I'm sorry about what happened last time. I didn't explain it clearly at the time, which caused you to almost lose a lot of money." Feng Yu expressed his apology. How did he know that Li Zekai was so unprofessional that he hired a financial broker? He was really brave.
Li Zekai was also a little embarrassed: "Brother Feng is joking, I should thank you. If you hadn't reminded me, I should have sold short in the opposite direction, and I would have really suffered a big loss. This can be considered a near miss, Although I didn’t make any money in the end, I didn’t lose either. It also reminded me that not everyone can play in this futures business.”
"Hahaha, you two should stop being bitter to each other. Mr. Li, I say you should invest your money in my fund company or Fengyu Consulting. Although our commissions are higher, we will never take risks with your money. ." Fu Guangzheng said with a smile.
"I understand Guangzheng's kindness, and I also want to learn."
How could Li Zekai leave the money to Fu Guangzheng to take care of it? He was just investing in other things. Isn't there any profit? Although the stock prices of the Li family's companies are falling, the industries the Li family has invested in are all appreciating in value, especially the investments in the mainland.
Li Zekai's arrogance did not allow him to hand over the money to Fu Guangzheng. Doesn't that mean that he, Second Young Master Li, is not as good as Fu Guangzheng! As for leaving it to Feng Yu, it can be considered, but Li Zekai still wants to do it himself. After all, this can save a lot of commission. Who wouldn’t feel bad about Fengyu Consulting’s minimum commission rate of 20%
"Everyone has his own ambitions. It's understandable that Mr. Li wants to play by himself. But this time, you have to be more careful." Feng Yu said with a smile.
(End of chapter)