Extraordinary Genius

Chapter 1764: Delivery contract

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Feng Yu was sitting in the conference room of Fengyu Consulting, looking at the big screen on the wall. There were many agents sitting on both sides, all staring at the screen.

He Zhaoji and others clenched their fists and kept whispering: "It's going up, it's going up, it's going up!"

On the screen was the price of crude oil futures in the Brent market, which had reached the $140 line at this time.

Feng Yu looked calm. He had just confirmed this morning that the OPEC negotiations were still at a stalemate, so the price of crude oil would not stop rising.

Although some people definitely choose to sell at this price, there are definitely others who choose to continue chasing the rise.

At this time, there are so many financial investment companies that can use high leverage. Even a rise of only a few dollars can double the profits for the brave!

"Oh~~~"

Everyone suddenly jumped up, raised their hands in the air and cheered, which startled Feng Yu.

The price of crude oil finally broke through the $140 line, and it seems that it will not fall again today.

"Okay, everyone, please be quiet. The next few days will be the most critical moment. Crude oil prices may rise or fall, depending on the attitude of the OPEC organization."

"We must be ready to increase short-selling contracts at any time and begin to gradually deliver the contracts in hand. Delivery will be carried out slowly from high to low according to the leverage ratio. Therefore, during this period, everyone will be busier. Unless it is important, all vacations will be cancelled. Apply. When crude oil’s downward trend begins, each of you will be rewarded with an extra check!”

The price of crude oil has exceeded 140 US dollars. This price is too high and has stirred the nerves of many countries. They cannot allow crude oil to continue to grow wildly, which will cause serious losses to their country.

OPEC has been subject to economic sanctions during this period, and it must have suffered a lot. It’s pointless for everyone to keep hurting each other like this, will everyone suffer? Why not discuss it and take a step back from each other.

In fact, it mainly depends on the attitude of the United States. They want to vigorously develop shale oil, which is why OPEC began to resist strongly.

Every time the safety line estimated by the so-called experts is breached, they will say that it is the final surge and that it is about to plummet. But every time, instead of falling, it continued to rise.

There is now a rumor that the price of crude oil will rise to more than 160 US dollars per barrel, and many people believe it.

If everyone believes it and continues to chase higher, there is still a slight possibility. But Feng Yu and others are preparing to withdraw, and some large international consortiums will gradually withdraw. The rise in crude oil prices can only be driven by retail investors.

Once bad news appears at this time, crude oil will not be able to hold back its decline!

In Feng Yu's view, this is the final madness of crude oil's surge. Then the price of crude oil will definitely fall sharply, but no one can imagine that crude oil will fall so hard.

Feng Yu doesn’t believe it at all without the promotion of several major crude oil importing countries. You OPEC made us buy oil at a high price, so now we are going to make your oil worthless.

Coupled with the crazy short selling by international speculators, it is normal for crude oil prices to plummet.

When it rises and falls, the price fluctuation will exceed two hundred dollars, which itself is several times the profit. If leverage is included, the profits will be even crazier.

"Feng, can crude oil prices still rise?" Kirilenko called and asked.

"It should still be possible, but it won't rise much. Let's start delivery and be ready to add short-selling contracts at any time."

"If you want to sell short, can you use higher leverage?" Kirilenko couldn't help but ask.

"Don't do it yet, let's take a look at the situation first. If the situation is good, then you can increase the leverage ratio appropriately."

Just like when OPEC announced a production cut, they increased the leverage of the crude oil contract to ensure maximum profits under safe conditions.

"So will short-selling of stock indexes continue in the U.S. stock market?"

If crude oil falls, will a large amount of funds be withdrawn and invested in the stock market? In this case, wouldn’t the stock market rebound

"If you continue to sell short, the U.S. stock market will not rise. Even though there are still many gains, there are more falls than gains. The market is falling every week, right?"

"And you can ask your team to analyze how many banks, credit institutions, fund companies, etc. in the United States can still survive, and how many of them can no longer survive."

"Have you not noticed that companies in the United States are filing for bankruptcy protection every day? Some even go bankrupt without even filing for bankruptcy protection."

When he mentioned this, Kirilenko became very excited: "Isn't it true? Every day I see companies going bankrupt in the United States. This is so happy!"

Feng Yu "..."

The United States is unlucky, but Brother Ji is still really happy.

"By the way, now the Federal Reserve has a strategy. If crude oil falls, will the dollar rise?"

"No, we will continue to short-sell the U.S. dollar so that it cannot rise. At first, the United States needed the U.S. dollar to fall so that they could shed some of their burdens. Now they need the U.S. dollar to rise so that the funds they use to rescue the market are worth more."

"If they want the dollar to rise, they can rise, if they want the dollar to fall, they can fall? Then you have to ask us whether we agree! It's time for the bankers in the United States to spend money!"

"Yes, they should be asked to pay for it! Well, I will continue to sell the U.S. dollar, which will definitely make the U.S. dollar continue to depreciate and prevent them from bailing out the market!"

In fact, the more the government intervenes to rescue the market, the harder the stock market will fall. If the government participates in bailing out the market, this is a signal that the stock market will no longer be able to hold on.

Then many people will flee in panic. Even if they lose money, it is better than not being able to sell it in bad hands. At the critical moment, money still matters, but stocks cannot be spent.

The U.S. government wants to bail out the market, but it also wants them to have money to do so. Their money now is spent on banks, cars, real estate, etc., and many of them are supported by banks in Europe and Asia.

If those banks hadn't stepped in to rescue the market, I'm afraid the U.S. economy would have collapsed long ago. The United States' crazy method of attracting foreign investment has also shown its benefits at this time.

If our market collapses, you will all lose money too! If our U.S. dollar depreciates wildly, your foreign exchange reserves will also suffer losses.

"Brother Ji, you have to keep an eye on it these days. And if possible, get news from OPEC as soon as possible. This is very important."

Kirilenko also has many connections in Europe, so he might be able to get the news earlier than Feng Yu.

"Okay, I'll ask people to inquire, and it turns out that the Saudi prince and I even had a drink together. If I have any news, I'll tell you right away!"