Extraordinary Genius

Chapter 268: Short selling oil

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Feng Yu came to Xiangjiang again. This time Feng Yu found that all four brothers of the Fu family had appeared, and among the younger generation, only Fu Guangzheng, who was the most familiar with Feng Yu, appeared.

Fu Rongjin lost 400 million, and the second and third sons also knew about it. But after the big boss came forward, not only did he not deal with Feng Yu, but he bowed to Feng Yu in disguise. This made them wonder. clear.

They still know very well what kind of personality the boss has. As the leader of the Fu family, not one or two companies have gone bankrupt due to his attack. Why didn't they stand up for the fourth child this time

After they asked, they found out that the big boss had considered that for the sake of the Fu family, it was not appropriate to offend the second generation from the mainland. Besides, Feng Yu also showed his sincerity and told the Fu family his analysis of the gold market. The Fu family had made more than 400 million Hong Kong dollars in profit from investing in gold in the past two months.

This time Fu Rongqi said that Feng Yu was coming to Xiangjiang again, and they both planned to follow him. If there was really a good opportunity to make money, they didn't want to miss it.

"Xiaoyu, let me introduce to you. This is my second brother Fu Rong District, who is mainly engaged in real estate. This is my third brother Fu Rongbing, who runs a supermarket."

"Xiaoyu is really young and promising. He has much more potential than that brat of mine. Let him learn from you more in the future." Fu Rongbing said loudly.

"You're welcome. The two uncles are also coming this time. You don't just want to see me, right?"

"Hahaha, of course. I heard that Xiaoyu has superhuman talent in finance. This time he plans to invest in the financial market with my boss. We also want to learn more about it."

Fart’s knowledge clearly means he wants to make money along the way. But this is better. By tying up the entire Fu family, Feng Yu can raise more funds in the future. In 1997, he wants to let those American capitalists know that China's territory is not theirs to stir up trouble. .

"Uncle Qi, you should have made a lot of money investing in gold during this period, right?"

"Hahaha. Not bad, I made some money." When he said this, Fu Rongqi felt very good. Although he is not particularly aggressive, he is still investing conservatively. Based on his investment of several hundred million US dollars, he also made about US$100 million.

He also had a futures order at the beginning of the year, which will be delivered tomorrow. If he sells it short, he should be able to make a lot of money again. Even the fourth child managed to raise a large sum of money. After crazy use of high leverage, the 400 million Hong Kong dollars that I lost at the beginning have now almost been earned back.

Fu Rongjin also chose to not care about being cheated by Feng Yu under Fu Rongqi's persuasion. The boss is right, in business, there are no permanent enemies or permanent friends, only permanent interests.

Now that Feng Yu's news can bring them benefits, then Feng Yu is a friend.

"I will also place some orders for London Gold in the next few days. If you are interested, you can come together."

He can't make all this money by himself, so why not sell some favors to the Fu brothers so that they can fall into his camp in the future.

What Fu Rongqu and Fu Rongbing were waiting for was Feng Yu's words. When they heard this, they were overjoyed and raised their glasses to have a good drink with Feng Yu.

The next day, Feng Yu came to the London gold market again and made large-scale short selling. Everyone around was shocked. The price of gold has dropped to US$368 per ounce, and this person is still shorting

Huh? Why do the two people following this person look familiar? They seem to be two big bosses of the Fu family. Could it be that this person is investing in the Fu family

That's not right. Fu Rongqi, the boss of the Fu family, has an investment business. Instead of investing with their boss, these two hired a young man

People around him then saw that the two big guys from the Fu family also started to place orders to short London Gold.

Something doesn't seem right. This young man doesn't look like the financial broker hired by the Fu family. Why do you feel like the two big guys from the Fu family are following this young man to place orders

Someone who knew Feng Yu's side, He Zhaoji, suddenly reacted. During this period, He Zhaoji has been active in the London gold market. I heard that he was recruited by a big boss, and he also roped in several well-known financial brokers to jointly serve the big boss.

An idea suddenly popped into their minds. Could that big boss be the young man in front of them

Some people who saw Feng Yu investing in London Gold last time nodded thoughtfully, and then began to place orders to short-sell London Gold.

Feng Yu placed a total of nearly 100 million U.S. dollars in orders. He was still conservative and used low leverage. According to his calculations, he would probably earn less than 20 million U.S. dollars after delivery in a week.

Of course he has more than this amount of money on hand. He has more money left. He wants to play a big game and make himself deified in the eyes of Fu's family!

On January 16, the United States and many other countries announced that they would take military measures against Iraq. At the same time, the Soviet Union expressed silence and had no intention of assisting Iraq, its former little brother.

Saddam also replied forcefully, Iraq is not afraid of war, and he will not be afraid no matter how many countries unite!

War is very expensive, and Iraq knows this very well. If it had not been for the Iran-Iraq war, they would not have owed so much money. Which countries are willing to invest so much money in war? Can the people of their country agree

Moreover, Iraq is all veterans. After all, it only took less than a day to cease fire with Iran in 1988 and attack Kuwait. Saddam believes that Iraq is superior in terms of military quality.

Saddam firmly believed that the United States and others were just trying to scare him, and if there was a real fight, the Soviet Union would never sit idly by. If the price of oil was controlled by the United States and other countries, the Soviet Union would also suffer a big loss!

On the 17th, the Gulf War broke out!

After Feng Yu saw the news about the outbreak of the Gulf War on the news, he called Fu Rongqi to inform him that he wanted to invest in oil futures. The Fu family followed suit.

Of course Fu Rongqi followed. He didn't believe that Feng Yu would short-sell oil futures.

"Buy at the current price and sell at the limit price of $18/barrel. All the money in this account has been bought."

Fu Rongqi, who was standing behind him, was shocked. Feng Yu really dared to sell everything short, and he used 20 times leverage (5% margin). Yesterday, the news broke that the United States was planning to attack Iraq. The price of oil instantly rose by a few dollars. Today it rose by more than a dollar. How dare he sell short

Moreover, all the funds are invested without leaving any way out. This is crazy!

Not only Fu Rongqi thinks Feng Yu is crazy, but also several financial brokers brought by Fu Rongqi and several financial brokers recruited by Feng Yu all think Feng Yu is crazy. He has too much money and nowhere to spend it. How dare you do this? bet

After hearing the news, the other three brothers of the Fu family didn't dare to follow Feng Yu's short list. The big guys are so experienced in finance and can’t believe it. How can they dare to believe it

Feng Yu confidently said to his family: "I bet that during the war, the price of oil dropped every day. This afternoon, you will be able to see whether I am right or wrong."

That night, Feng Yu left Xiangjiang, and the lights in Fu Rongqi's study were on all night... (To be continued.)

PS: Today is New Year’s Eve. I am here to wish you all a happy New Year and all the best. The poor fourth child is probably still working hard on writing, watching other relatives and friends playing mahjong and fighting against landlords~