Extraordinary Genius

Chapter 547: Generous

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"We have been doing gold futures. We always do hedging and invest conservatively. Even though it fell a lot in August, we adjusted in time and shorted in the opposite direction, and still maintained a certain profit. We discussed it and thought that gold The price will increase this year and should reach around $380.”

He Zhaoji's views are very similar to Fu Rongqi's views. They are both relatively conservative, but they are definitely bullish in the short term. But none of them expected that the price of gold would exceed US$380 or even reach US$390.

But this is enough, proving that these people are capable. Feng Yu doesn't need a financial broker who is too bold. He needs someone who has rich experience, can make his own judgment, and is obedient. If he is disobedient, no matter how powerful he is, Feng Yu will not want him.

In his mind, there are memories from his previous life. These basic financial product trends have been studied no less than a hundred times in his previous life, and they are deeply engraved in his mind.

Feng Yu even arrogantly believes that in this era, Soros and Buffett have to step aside, and he is the real stock god and financial giant!

"How much capital do we have now to do gold futures?"

"Counting your funds, boss, and the accounts of us brokers, plus some account funds that have agreed to invest in gold futures, there should be more than 500 million Hong Kong dollars."

The boss really wants to make it bigger. Does this mean he needs to mobilize all the funds

But soon, he knew that these 500 million funds were only a small part of Feng Yu, because large sums of money would enter the market later.

"Only 500 million? That's okay. Just keep an eye on it, and some money will be transferred to my account in the company. After it arrives, we will start doing gold futures."

Not everyone dares to let a broker help invest in futures. Most investors just sign a stock investment entrustment agreement. If you misappropriate investment in gold futures, it is illegal and will also affect the company's reputation.

500 million Hong Kong dollars in funds. It’s not a lot, but fortunately Feng Yu prepared a few more funds. It's rare to do it yourself, so you have to make more money no matter what.

"Boss, RMB 300 million has been transferred from the account of Mainland Taihua Trading Company!" After a while, He Zhaoji saw the changes in the funds in the account and immediately reported to Feng Yu.

Feng Yu nodded calmly: "Yes, I understand. Ask someone to go downstairs to buy a cup of milk tea. Your tea doesn't taste good."

Ten minutes later, He Zhaoji rushed into the office with a cup of milk tea: "Boss. Transfer RMB 100 million from Mainland Fengyu Electronics' account!"

"Well, let's put the milk tea here." Feng Yu was holding a copy of "Wesley" in his hand and was reading it with gusto. It would be better if it was in simplified Chinese, as traditional Chinese is too tiring to read.

This "Wesley" was definitely not available in Bingcheng. After arriving in Xiangjiang, Feng Yu bought a set. He usually used it to kill time. The novel was more suitable than the movie.

Fifteen minutes later, He Zhaoji rushed into the office again. Taking a deep breath: "Boss, the island country aiwa company has transferred 30 million US dollars into your account!"

"Okay. I understand." Feng Yu said without raising his head. He grabbed the milk tea on the table and took a sip, without any intention of moving.

He Zhaoji looked at Feng Yu blankly. These are three funds, which add up to more than 500 million Hong Kong dollars. The boss is still waiting. Is there still funds

After another five minutes, He Zhaoji excitedly ran to Feng Yu and reported: "Boss, a company called Sixth Sense in the island country has transferred 50 million US dollars into your account!"

At the same time, He Zhaoji looked at Feng Yu strangely. It wasn't because Feng Yu's account had another large amount of funds injected into it. But this Sixth Sense company, he has also heard of it. Isn't it selling those kinds of supplies? Is it run by the boss

Feng Yu put the bookmark into the book and reluctantly closed "Wesley". He didn't notice He Zhaoji's eyes, otherwise he would be furious. Have fun~ What’s going on with the fun toy company? Doesn’t it mean that you are not a serious person if you open this kind of company

Feng Yu looked at his watch. There was still time: "It's almost time. Let's start placing orders. What is the price of gold now?"

Now with the Internet, you can issue trading instructions directly through computer programs without going to the exchange. However, it still needs confirmation from the exchange, which is not as simple as before Feng Yu was reborn.

After operating in front of the computer, He Zhaoji turned back and reported to Feng Yu: "Boss, the current price is 259.8 US dollars per ounce."

"The client's funds are all 10 times leveraged and priced at $280 to be automatically sold," Feng Yu said.

"All of them? Boss, why don't you go short in the opposite direction?" Could it be that the boss plans to use his own funds to do short selling? But didn’t the boss agree with his analysis and be optimistic about the rise of gold before the end of the year

"All of them! No need to go short in the opposite direction, we won't do hedging this time, just buy up!"

What? No hedging! What does the boss mean, that he is going to buy all the funds of more than one billion Hong Kong dollars this time without hedging? That’s ten times leverage. If you drop one dollar, you lose ten dollars! Hasn’t the boss always asked them to invest conservatively? Why are they so aggressive this time

"What are you doing standing around? Place an order! Notify it and let other people's customer accounts also place orders."

He Zhaoji walked to the door and clapped his hands to attract the attention of others: "The boss said that the funds prepared this time are all ten times leveraged. Gold will be bought at the current price and sold automatically at a price of 280 US dollars."

Others were as surprised as He Zhaoji. The price was priced at US$280. Did the boss firmly believe that gold would rise above US$280? Is it too risky to operate with ten times leverage without leaving any capital

But they all thought about the magic of their boss and chose to believe in him. What's more, there was always a boss in the company who had a full position and high leverage to short-sell crude oil during the Gulf War. That was simply a myth!

After these people all placed orders, He Zhaoji returned to the office and began to place orders for several of his customers.

"Wait a minute, your client, bet $281 and $282." He Zhaoji is the manager of the company, and Feng Yu also wants to support his prestige so that his customers can earn more. Of course, he also wanted to see if He Zhaoji dared to place an order at this price.

"Boss, are you a little high?"

"Is it high? I don't think it is high at all. For my own money, I am prepared to put down a minimum of 285 US dollars and a maximum of 288 US dollars. You can start the operation."

He Zhaoji's eyes widened. The boss actually believed that the price of gold could exceed US$280 or even US$285? is it possible

The price of gold has rebounded after just falling. Does the boss think that the price of gold this year will follow a V-shaped curve? So, the boss believes that more people will invest in gold in the short term, thereby raising the price of gold

He Zhaoji gritted his teeth. The boss dared to invest more than one billion Hong Kong dollars. It must be certain. The boss has a better vision than him, which he has long recognized in his heart. Since the boss said it can go up, then it will definitely go up.

The orders given to customers were all placed at US$282, and the money in his own account was also placed at a high price of US$285 using ten times leverage!

He doesn't do hedging, he just enters with a full position. If the price can really rise that high, the money he invested can almost double! Next year he will invest honestly in the American stock market, and he will keep a careful eye on it. In less than two years, he will be a happy multi-millionaire! (To be continued.)

ps: Second update, there is another chapter ahead, don’t miss it. Thanks to Hong Ge 123, Ji Mi and other book friends for their monthly votes. If you spend more than 1,000 points on this book, you will get a free evaluation vote on the PC, and it can only be voted for this book. Let's take a look and vote for Lao Si