Extraordinary Genius

Chapter 1711: Breaking through the $80 line

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When everyone jointly speculated in crude oil, Feng Yu divided everyone's main markets into different markets. Among them, Kirilenko was guarding the London market. Nature's NovelW

With his reputation as a rich man in Europe, Feng Yu hoped that he could attract some people to join him.

Just relying on the funds of a few of them can be effective, but it is not enough to keep crude oil prices rising. It needs other information to cooperate and more funds to cooperate.

There are many hidden rich people in Europe, and most of the world's top unlisted companies are in Europe. Even the legendary Rothschild family has been deified.

The so-called Rothschild family is nothing more than a community of interests. This interest group is very loose. The members may be related to each other, but no one has the final say.

They are like a joint-stock company. No one is the absolute controlling shareholder. All matters are discussed by the shareholders' meeting and must be in the interests of all their shareholders.

This ancient family is inextricably linked to many large companies. It is an exaggeration to say that the Rothschild family can control the price of gold, but it is true that they are very good at investing in gold futures.

Since this family also likes to invest in finance, they are the ones they can win over. When crude oil prices rise, they can make money by participating, so why not get involved

Kirilenko contacted an important member of the Rothschild family and invited him to invest in crude oil futures with him to drive up prices.

In fact, although this member's net worth is not low, it is not worthy of Kirilenko's personal invitation. The important thing is to invite other members of the family to participate.

Kirilenko succeeded. After analysis, the family also believed that crude oil futures could make money. Of course, they still prefer and are good at speculating in gold.

So they decided to cooperate with Kirilenko. They attracted other consortiums to join the crude oil futures market, but Kirilenko and Feng Yu also had to help them release some news to promote the rise of gold prices when they needed it.

To put it simply, everyone succeeds each other, and then they only briefly participate in the crude oil side, while the gold side is their focus. Feng Yu and Kirilenko also need to briefly participate in gold futures, mainly to use each other's names and connections. , and then make a profit together.

Feng Yu also knows that the subprime mortgage crisis in the United States has already emerged at this time, and a large amount of money will soon leave the U.S. stock market, and then this money will pour into other commodities.

When the economic situation is bad, the price of gold rises, which is normal. After all, gold is the real world currency, not the U.S. dollar.

What's more, the U.S. dollar, the most commonly used currency at this time, is also depreciating. Why not switch to gold to preserve its value

Although gold will also rise very fiercely during this period, it will not rise as much as crude oil, because there is also an openetbsp on crude oil; Fortunately, Feng Yu has told the Chinese government his analysis in advance, allowing them to do it last year We will increase crude oil imports in the first half of this year, and we can even pay for one year's crude oil demand in advance, so that we can avoid being greatly affected when crude oil prices soar. After all, China's crude oil demand will skyrocket this year. .

Many state-owned assets in China also listened to Feng Yu's words and purchased large amounts of gold, which also allowed the state-owned assets to make a fortune.

Only in this way can Feng Yu be able to stir up the wind and rain with confidence. Otherwise, he will make money, but the country will lose. Then who does Feng Yu become

As for letting China participate in crude oil speculation, this is simply not possible. Once state-owned assets are involved, it will be a big problem. As for state-owned assets purchasing gold, there is no problem at all. Gold is an international currency.

Led by some people, Europe began to enter the market. They purchased large amounts of crude oil futures contracts and also began to sell US dollars, echoing Feng Yu and others.

As a result, the price of crude oil finally exceeded 80 US dollars per barrel!

After this baseline breaks through, Feng Yu and the others can rest assured that the price of crude oil has broken through the reasonable line, which will attract more people's attention and attract more international hot money to enter the market.

"Boss, the price of crude oil has exceeded 80 US dollars and reached 81.3 US dollars." Zhuken Miller reported.

Soros's eyes were dazzled, crude oil actually broke through the safety line of 80 US dollars? It is internationally recognized that the price of crude oil is most reasonable between US$50 and US$60, but OPEC claims that the price of crude oil is between US$60 and US$80.

Therefore, it can be simply understood that between US$50 and US$80 is considered a rational range for crude oil prices.

But there is obviously no important news about crude oil. How come the price of crude oil exceeds 80 US dollars? Countries like China and the United States, which have large demand for crude oil, are seeing crude oil prices rising

Soros and others have also analyzed that if the price of crude oil exceeds 80 US dollars, then there is a high possibility that it will touch the 100 US dollars line.

In other words, the price of crude oil will rise sharply, and Feng Yu and the others will make a lot of money!

How could Soros miss this kind of investment that is sure to make money after analysis. Especially during this period, the rise of the U.S. stock market has slowed down, and the impact of the subprime mortgage crisis has become more and more serious.

Their investments in stock indexes are getting less and less profit. As for investments in currencies, the profits are even slimmer. So investing in crude oil at this time is a very good choice.

"Do you know why the price of crude oil suddenly exceeded 80 US dollars?" Soros asked.

"In Europe, many consortiums have purchased crude oil futures, driving up prices."

Has the European consortium joined? The consortium over there has always been what Soros wants to win over. With the support of these financial groups, it is no longer difficult for him to become the world's number one financial god.

Now that a European consortium has joined, there will be no problem if the price of crude oil rises to about one hundred dollars.

"As the notice continues, our investment structure will also be adjusted, reducing investment in stock indexes by two-thirds and investing in crude oil futures."

"Boss, don't we buy gold?" Zhuken Miller reminded, buying gold at this time is also a good choice.

"Buy crude oil first, and when the crude oil rises by about 20%, we will sell it and buy gold." Soros made the decision.

Zhukan Miller went out to arrange work, and Soros lit a cigar and took a deep breath.

Feng Yu, Feng Yu, I didn’t expect you to be so lucky that you attracted consortiums from Europe to join. But if you can make money, so can I. And, I make more than you!

… (To be continued.)