As soon as the news of the Federal Reserve's interest rate cut came out, crude oil rose by $3/barrel that day.
Feng Yu led people to borrow large amounts of U.S. dollars in the market, using high leverage from banks and securities companies to continuously borrow and sell, suppressing the price of U.S. dollars.
At the same time, the American market and the European market also had the same response, and there must be Soros's handiwork in this.
"Feng Yu, do you want to continue? During this period of operation, we have lost about 800 million U.S. dollars." Li Zekai asked.
Of course, US$800 million was lost in the currency market, but in the crude oil futures market, these losses have been earned back, or even more.
However, the ratio of effort to benefit made Li Zekai very dissatisfied.
During the Asian financial crisis, speculation in the Thai baht was much faster and more profitable than this.
"Continue, since we have made a promise to Soros, both parties are expected to lose one billion US dollars each, so we will complete it as agreed. We have no control over whether they keep their promises, but since we have said it, we must do it."
If you invest an additional 200 million, you can still earn back the money. Feng Yu knew what Li Zekai was worried about. What he was worried about was that Soros would no longer suppress the dollar. Feng Yu and the others were the main force, and Soros would follow suit.
Feng Yu also did this kind of thing back then.
"Feng Yu, it seems that the effect of suppressing the US dollar is not particularly great. Although crude oil is also rising, the leverage ratio we use is not high, and the profit is much lower than expected." Li Zekai couldn't help but say.
The US dollar is not the Thai baht. One is that it has a large circulation, and the other is universal. When they suppress the US dollar, some countries may also find ways to raise the US dollar. For example, island countries will definitely do this.
Feng Yu leaned on the sofa with a smile and crossed his legs: "Yes, the US dollar will not depreciate too much if it depreciates. It will definitely not depreciate by more than 40% or 5% like the Thai baht did in the past, which is very significant. Disaster."
"But the attitude we want to make others think that the dollar will depreciate a lot, and then let them exchange the dollar for other currencies or commodities."
"In this way, more money will flow into the financial market, which will form a trend and push up crude oil."
Li Zekai frowned: "Feng Yu, why do I feel that the recent rise in the stock market seems to be faster than the rise in crude oil? Shouldn't we make more when we speculate in stocks or stock indexes?"
It is true that everyone exchanged US dollars for other commodities, and indeed a lot of them poured into the financial market, but more of them poured into the stock market, not the futures market. Even in the futures market, there are many other commodities. , it doesn’t necessarily mean buying crude oil.
"You also think the stock market is better? Have you ever thought about what would happen if the stock market plummets?" Feng Yu asked.
"The stock market plummeted? Why?" Li Zekai knew that Feng Yu would not be innocent. Since he said this, he must be sure that the stock market will plummet.
"There can be many reasons for the stock market crash, the most common of which is negative news in a certain industry, which then affects the stock price of the entire industry, causing many investors to flee in panic and the market to plummet."
"What I am best at is exposing the false prosperity of a certain industry, based on one company, affecting the credibility of the entire industry. If I lose the trust of investors, it will inevitably have serious consequences."
"Next, we go to the U.S. stock market, buy real estate stocks, and then... prepare to sell in large quantities!"
…
Soros sat on a chair in his office and looked at the computer screen in front of him. Transactions are much more convenient now than they were back then, and everyone's efficiency has improved a lot.
Although some people have left Quantum Fund in recent years, the remaining ones are all elites, and they all obey Soros's words and can implement Soros's requirements very well.
Xiangjiang is constantly selling U.S. dollars, trying to suppress the exchange rate of the U.S. dollar. Of course there are some effects, but not much.
He also cooperated with the United States and Europe to suppress the US dollar, lower the US dollar exchange rate, and stimulate people to exchange US dollars for other commodities.
However, he not only invested in crude oil futures, but also invested in many stock index futures and other futures.
Especially stock index futures, which are rising much faster than crude oil futures. Coupled with the fact that he led people to continuously speculate on the stock index, the profits are also increasing.
In his opinion, Feng Yu's investment structure is more reasonable than his.
The depreciation of the US dollar will affect the financial market and increase the prices of many financial products. This is inevitable.
But Feng Yu only bet on crude oil futures and did not even buy hard currency such as gold. This was a serious mistake.
The investment of Quantum Fund is a three-dimensional investment model. It does not focus on a certain commodity or currency, but combines the investment of some products to form a whole, which can make more profits through mutual influence.
It is true that if crude oil rises significantly, then Feng Yu may obtain higher profits than him. But betting on one place is the most taboo among large-scale investments.
However, in his impression, Feng Yu is also a financial wizard and is very good at financial investments. During the Asian financial crisis, he also saw Feng Yu's investment method, which was very similar to his three-dimensional investment.
Since Feng Yu is also good at this, there is no reason to bet all the funds on crude oil futures? Such irrational behavior does not seem like a choice Feng Yu should make.
Unless Feng Yu has information channels that allow him to judge that the rise in crude oil will exceed that of other futures such as stock indexes and gold!
"Zhu Ken, please come to my office."
Zhukan Miller came over and asked Soros what his orders were.
"Ken Zhu, don't you find Feng's investment strange?" Soros asked.
"It's a little strange, but not too strange. We were optimistic that a commodity would rise sharply and bet most of our funds on it. We have made similar choices. Moreover, there are linkages between industries, and other products will also Affects the price of crude oil.”
"And Feng and the others are also making money, but not as much as us. Even if crude oil may rise sharply, our choice is correct and more secure. Our operation is a low-risk, high-profit model, which is very reasonable. .”
Zhuken Miller also felt a little strange. Feng Yu seemed to be gambling. However, this kind of investment is also the method chosen by many fund companies. If you are optimistic about an industry, then dive in in order to obtain the highest profits.
is that so? Soros was a little skeptical, but he didn't realize that crude oil was likely to rise sharply, and the rise was definitely not as big as the stock index.
"Okay, let's continue selling dollars. As we agreed, let me know when you lose one billion dollars."
If Soros keeps his promise, then he will be able to have closer contact with Feng Yu. If Feng Yu really gets news of a sharp rise in crude oil, he will also adjust his investment focus.
Well, after the one billion is spent, I just want to give Feng Yu a call.
…
PS: Recommend a book called Two Dimensions: Night Travel God is always so lazy. The author of this book is Teacher Meow. You understand, if you can subscribe, go and subscribe.
PS2: Also, the fourth child will explode tomorrow. At this time today, the fourth child should accompany his friend to the hospital for a physical examination. It seems that he will stay up late (to be continued.)