Extraordinary Genius

Chapter 1638: Bragging?

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Zhang Ruiqiang was confused by Feng Yu's answer. The price of this mineral has been rising. If a long-term contract is signed, the country should take advantage, right

Why did Feng Yu say that the country suffered a loss

Zhang Ruiqiang knew that Feng Yu would never refuse when he could help the country. (The best novel reading experience is here) So he didn't think that this was Feng Yu's excuse for refusing, but he couldn't figure it out.

"Lao Zhang, what we want to import is mainly energy, right?"

Although other minerals are also needed, the demand is not that large and domestic production is not low.

China's energy demand is increasing. One reason is the large population, and the other is an inevitable result of industrial development. To put it simply, apart from power plants, which factory consumes less electricity

"Yes, our main needs are coal and oil."

"Lao Zhang, the prices of coal and oil have increased a lot in the past two years, and from this year to next year, the increase will be even greater, at least double!"

Zhang Ruiqiang is even more confused. Could it be that Feng Yu thinks that Kirilenko will not give a too cheap price and needs to take into account the price increase, so the price will be higher

"But after next year, the price will drop quickly, even lower than now!" Feng Yu said firmly. When signing a long-term contract, a fixed price is generally not given, but a price range is given. But if the price range is set according to current conditions, the country will lose money.

"What? The price will double next year, and then the price will fall quickly?" Zhang Ruiqiang couldn't believe it. How could the price fluctuate so much

Even during the war in the Gulf, the price fluctuations were not so big, right? And it doesn’t look like anything big is going to happen next year. Why do prices fluctuate so much

"Because I am organizing funds to enter the market and prepare to speculate on international crude oil, coal, natural gas and other energy futures."

Zhang Ruiqiang opened his mouth wide: "What do you mean, you alone can drive the rise of the entire energy futures?"

This is unlikely. The volume of energy futures is so large. Even if Feng Yu is the richest man in the world, the funds he can use are only tens of billions of dollars. Is this enough

Feng Yu smiled: "Maybe I don't have much funds. Together with Kirilenko and several big families in Xiangjiang, it's just over 100 billion US dollars. I also have to set aside risk reserves, so I can really invest in it." , which is about 100 billion U.S. dollars.”

Zhang Ruiqiang's eyes widened. One hundred billion dollars? How many funds can Feng Yu use? Isn’t it said that the main assets of these rich people are company stocks, real estate, etc.

And what did Feng Yu say about Kirilenko and some wealthy people in Xiangjiang? Their funds could be mobilized by Feng Yu

If we talk about billions of dollars, even this amount is already an astronomical figure, but with Feng Yu's golden name, Zhang Ruiqiang will never doubt those people who listen to Feng Yu.

But the amount Feng Yu mentioned is so huge, it should be the vast majority of the funds that many rich people can use, right? It's equivalent to betting half of your net worth, are they willing

"Why, you don't believe it? I'm not bragging. If I said I was in charge, the rich people who came to give me money would be lined up from your house to mine."

Zhang Ruiqiang looked at Feng Yu with disdain. Isn't this self-praising? !

"And, this financial futures investment is leveraged. My one hundred billion US dollars can have an effect of one trillion US dollars or even greater. Do you think it will be difficult to leverage a futures with such a large sum of money? ?”

"And as long as I see my company taking action, I believe many people will follow suit. In this way, there will be more funds and greater influence."

There are many investment institutions now, and they always pay attention to the investment direction of Fengyu Consulting, and then follow the trend to make money. Sometimes, they are more courageous and earn a higher percentage than Fengyu Consulting.

This is without Feng Yu taking action. If Feng Yu takes action, there will be more followers, and the scale of funds will definitely be terrifying. Feng Yu only needs to use leverage to move price changes, and there will naturally be a large amount of speculative funds for speculation. They are the main force pushing up energy futures prices.

Just like when Soros speculated on currencies, how much money did he have? It wasn't the speculators who saw the benefits and followed suit, and then Soros's funds became more and more, and the overall speculators' funds became more and more, which stirred up the market in Southeast Asia. Storm.

Soros was also very famous at the beginning, so he could have such momentum. But which investor now has a greater reputation than Feng Yu

"That's not right. Since you said you could raise the price of energy futures, but you retreated in such a short period of time? Shouldn't it be higher? And even if you retreat, others may not follow suit. This price will count. Will it fall that hard?" Zhang Ruiqiang asked.

Feng Yu pointed to his nose: "I can push things up, and naturally I can push them down!"

Zhang Ruiqiang "..." According to what you mean, the price is all caused by you.

"Lao Zhang, think about it, why has the price of oil increased now? Has it also led to an increase in the prices of other energy sources?"

Zhang Ruiqiang glanced at Feng Yu: "I haven't done much research on this, but I am in charge of trade, so I still know a little about these things. The dollar has depreciated, right?"

Feng Yu looked at Zhang Ruiqiang in surprise. He thought Lao Zhang didn't know.

As we all know, oil is pegged to the US dollar. International oil prices have always been measured in terms of US dollars per barrel.

The depreciation of the dollar means that the value of a barrel of oil decreases. How to ensure that the value remains unchanged? Then the price needs to be increased.

So every time the dollar depreciates, oil prices rise.

At this time, those speculators will take the opportunity to enter the market, push up the price, and make profits.

Many people are normal investors, but when a large amount of money is used to drive up prices, who can resist chasing higher prices

"So do you know what is another disadvantage of the depreciation of the US dollar?" Feng Yu continued to ask.

"We have also studied this. If the U.S. dollar depreciates, the U.S. dollars we reserve will also depreciate. This is equivalent to the direct shrinkage of our foreign exchange reserves."

China's foreign exchange reserves are increasing, becoming the country with the largest foreign exchange reserves in the world. This was originally a strategy to combat international risks, but the devaluation of the US dollar caused China to lose a lot of money.

At the same time, China is still a big importer of energy, especially the increasing volume of oil imports. The rise in crude oil prices is also a big burden for China.

"So, the United States has done a lot of harm to us, and we cannot sit back and wait for death. We must also teach the United States some lessons this time!"

Zhang Ruiqiang was shocked by Feng Yu's tone. Feng Yu wanted to teach the United States some lessons. Although he is the richest man in the world, he believes in teaching a small country, but neither Russia nor China can teach the United States. Are you sure Feng Yu is not bragging

… (.)