The US dollar continued to fall, and the crude oil market and gold market performed more strongly, rising all the way.
At this time, everyone who invested in these should be happy, but Soros did not smile on his face.
The price of gold rose to a high of 930 US dollars, and the Quantum Fund he led made a lot of money.
But when he saw that the price of crude oil had risen even more, reaching one hundred and nineteen US dollars, he couldn't laugh at all.
Originally, he thought that this time he could earn more than Feng Yu and others, so that the profit rate of Quantum Fund would be the highest, and he would be able to achieve a legend.
After retreating from the rapids, his legend will be spread in the rivers and lakes.
But now it seems that although he has made a lot of money, it seems that he has become a foil again!
Who would have thought that OPEC would cut production? Will crude oil surge so sharply
At that time, he thought that his investment strategy was completely fine, and he performed well by shorting the stock market in the island market and shorting the stock market in the London market. The price of gold continued to rise as he expected.
Although he did not raise more funds this time, the amount was not small. The company's funds, plus the commission after earning money from the raised funds, allowed him to make a lot of money this time.
But the thought that he missed out on crude oil, a better investment, made him unhappy.
"Boss, should we switch to investing in crude oil?" Zhuken Miller asked.
Don't be upset about investment. When it's time to change direction, you must change it. They estimate that the price of gold has increased by about the same amount, and it can reach a maximum of one thousand US dollars.
They were about to leave the gold market, so they might as well retreat now and enter the crude oil market, and still make some money.
"Ken Zhu, do you think it is possible for crude oil to exceed US$120?" Soros asked in a deep voice.
"It should be very possible. At this time, there is no movement from OPEC, and other major countries are silent. In addition, there is a high sentiment in the market, and there is more than 95% chance that the price of crude oil will exceed 120 US dollars. possible!"
These are accurate conclusions they reached through detailed data analysis and analysis of some policy forms.
"So does the analysis include how much more it can rise after breaking through $120?"
This is the most important thing. He is not opposed to exceeding $120, but he wants to see how much profit margin there is.
They are a hedge fund. If the profit margin is large, of course they will invest in it. But if the profit margin is small, then it is better to continue to short-sell the European and Asian stock markets, and you can also start selling in Hong Kong.
"This is difficult to determine. After analysis, we believe that US$120 is a very important line. After the breakthrough, countries will definitely start negotiations with OPEC and ask them to resume production or even increase production."
"As a result, the price of crude oil will inevitably fall, and the magnitude of the decline cannot be estimated for the time being. The important thing is that we don't know when the negotiations will start and when there will be results."
"And now, including the United States, we are imposing economic sanctions on OPEC members. It is also possible that OPEC members compromised first and took the initiative to negotiate."
In the final analysis, there are too many variables for Zhuken Miller and the others to gamble.
If they only have a little capital, they can gamble for high profits, but with so much capital, many of which are investors' money, they cannot afford to lose.
Think about the time when we were making waves in Asia, but we were completely defeated in the end. Not only was all the profits invested, but also a lot of capital was invested.
That time, the profit growth that Quantum Fund had maintained for many years was cut off, and their vitality was severely damaged. After finally recovering, they did not dare to take risks again.
If they had succeeded back then, the Quantum Fund would have been much more famous than it is now. If Soros raised his voice, the amount of money that could be raised would definitely be much more than it is now.
Due to the decline in his reputation, Soros's overseas political investments have become much more passive, and some important information is not easily available.
Many messages are time-sensitive. If you know them as soon as possible, you can get the greatest benefits. But if you know it with other people, you will be too passive, and you may suffer a big loss.
Soros thought for a while: "If the price of gold exceeds 950 US dollars, we will deliver it. Fully enter the island country's stock market, and then have someone conduct a detailed investigation and evaluation of the Hong Kong stock market!"
Zhuken Miller saw that the boss had not forgotten the hatred of the past. Wherever you fall, you want to get up.
Just going to Xiangjiang, didn't he face Feng again? Zhu Ken always felt that he didn't have so much confidence.
In his opinion, it is good to buy crude oil now. They are doing hedging and the risk is not too great. But now that the boss has made a decision, he will not refute it.
He just hopes that he can make steady money this time, and then wait for his boss to retire and he will take charge of the Quantum Fund!
The heads of almost all car companies in the world, including Tongyong Automobile, are paying attention to the crude oil market. They are not speculating on crude oil futures, but rising crude oil prices will have a serious negative impact on their oil-burning cars.
The price of oil has more than doubled, and many people’s monthly oil expenses have doubled. Some people who plan to buy a car may no longer buy it because of this.
Many of their car companies are large multinational companies and have a certain degree of influence on the upper levels. They all know that the superiors are negotiating with OPEC and others, asking them to resume production or even increase production.
No one knows how far the negotiations will go. The senior executives of those big companies are all asking about it.
At this time, Feng Yu was fishing leisurely in the Xiangjiang River. Having just returned from the United States, Feng Yu can relax a bit.
No matter what happens on the OPEC side, it is impossible to bypass China. Therefore, the Huaxia Government will definitely receive the news as soon as possible, and this news will be notified to Feng Yu as soon as possible.
Crude oil prices will definitely break through $120 and continue to rise to $140.
At this time, Feng Yu was not sure whether crude oil could exceed US$140 and did not know the progress of the negotiations. But until it reaches near the $140 line, neither party will compromise.
This is not a small benefit. For the OPEC organization, it is related to the most important interests of their country. It is also very important for major crude oil importing countries such as China, the United States, and island countries, otherwise they would not impose economic and trade sanctions on those countries together.
But the more this happens, the less OPEC organizations can be cowardly. Once they become cowardly, they will no longer have the right to speak. At least this shale oil production must be limited, otherwise they will never increase production!
While the tug-of-war continued, international crude oil quietly exceeded $120!
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