I just want to enjoy life

Chapter 752 759 Crazy Investment, London Copper
Another week passed, and Lin Haocang's family flew to London, accompanied by James, Anthony, Li Yuanliang, Wu Yu and others.

The building that originally belonged to the Swiss Bank was also renamed as the Sky Tower, which serves as the global headquarters of Sky Capital.

Lin Haocang also spent 20 billion building a villa in London as his home in London.

After the family stayed in London for three days, Lin Haocang's family flew from England to Scotland.

Both Luo Xueqiong and Lin Haocang entered the University of St. Andrews. It was founded in 1413 and is located in the ancient town of St. Andrews on the east coast of Scotland. As a famous British school with a history of 600 years, it enjoys a high reputation in the UK and the world.

In the ranking of British universities, the University of St. Andrews ranks third, second only to Oxford and Cambridge, which also shows its status in the eyes of the British.

The University of St. Andrews is a real aristocratic university. Many children of the British royal family will choose to study in this school, the most famous of which is Prince William, and his beautiful love story with Princess Kate happened here. .

For this reason, Lin Haocang specially bought a super castle in Scotland, including a large number of farms, and spent a total of nearly 100 billion!
Time passed slowly, and the family also fell in love with the beautiful place of Scotland. Lin Haocang's parents settled in Scotland like a paradise.

During this period, Lin Haocang slowly transferred the 320 billion US dollars of funds in Yingda Bank to major banks in the UK.

Spent 100 billion US dollars to invest in Bitcoin, and now the price of Bitcoin is only 1 US dollar, which is extremely cheap, and the height of future generations will be tens of thousands of US dollars, this 100 billion US dollars, if you slowly absorb Bitcoin in the market, tsk tsk , The maximum output of Bitcoin is also 2400 million, buy it slowly, the Bitcoin on the market is not enough for Lin Haocang to buy, so he asked James to get hundreds of offshore companies to be responsible for this matter, this operation For more than ten years, Lin Haocang intends to control more than 50% of the world's bitcoins in his own hands. How many billions of dollars will this 100 billion dollars turn into in the future?
There is still 150 billion U.S. dollars in funds, using 100 times leverage to go long spot gold, and Cheng Hai and Qin Yuan's team will be in charge. This operation will last for one year!
At present, gold is only at the 12200 position, and it will rise to the 1920.0 position later, 7000 points!
I don't know how much money I make!

Investing in Bitcoin and spot gold cost US$270 billion, and Lin Haocang still has US$50 billion in available funds!

After spending three months leisurely in Scotland, Lin Haocang opened the trend chart of London copper, and there will be a big wave this year.

He felt compelled to do a big two on London Copper!
London is the largest market for copper futures, and the copper 3 contract with the largest trading volume is the so-called copper 3 contract, which refers to a three-month copper contract. Each of these contracts has a period of 3 months. There are new openings and deliveries in the market, and there is no spot market.

举个例子，某个3月1日在市场上买入一手铜3的合约，如果一直持有的话倒了5月底还没有平掉的话，那么6月1日他就要交割。如果他要是在3月2日开仓买入，那么交割的期限就在6月2日交割。

This is determined by the demand in the copper market. It is precisely because of the contract design that is somewhat different from that in the United States that 1me in London can make the metal market so large. More importantly, 1me is not a daily settlement system, which gives Institutions with a large amount of capital have the possibility of manipulating the market.

In copper futures 3, in addition to the on-site market, there is also an electronic market and telephone hours. Among them, the telephone market has the largest trading volume. What Lin Haocang wants to do this time is copper futures in the telephone market, which is a 24-hour market.

The target of the futures is a-electrode electrolytic copper, and each contract is 25 tons of electrolytic copper, quoted in US dollars.The current copper price is around $5800 per ton.

"Hi, hello, is this Mr. Wallace?" Lin Haocang called the broker of Huifeng Bank.

"You are Mr. Lin!" came the authentic London accent from the microphone, "Do you want to open a position in the copper futures market?"

Lin Haocang nodded and said, "Yes!"

····
At this moment in London, the Financial City, in an office building not far from the Metal Exchange, the 25th floor just happens to have a panoramic view of the Thames River not far away. It's not too low, and when the weather is clear, you can see the surrounding scenery clearly for twenty or thirty miles, but such weather conditions are rare.

It happened to be a fine day on Thursday, and the sky was as clear as blue. From a distance, the Thames River continuously heard the sound of long sirens. Looking down from upstairs, we could see square-sized cars passing back and forth on the road like a spider web. , indicating another busy day.

Yokono Yamashima stood in front of the floor-to-ceiling windows, watching all this, he couldn't help feeling in control of everything.He has a typical oriental face, slightly short stature, narrow eyes, and a pair of big wide-frame gold-rimmed glasses on the bridge of his short nose.

It is such an ordinary face that can no longer be ordinary, but it controls most of the trading volume in the London copper futures market.Especially in the on-site and telephone markets, even colleagues respect him as "Mr. Nine Percent", which means that he and his team control 9% of the global copper trading volume. Many traders even call him "Mr. Nine Percent". 'The Nine Princes'

Yokono Yamashima belongs to the Non-ferrous Financial Trading Department of the EGL Chiba Consortium stationed in London. He is the head of the trading department and a trader.He was 48 years old this year, but he has been in the international copper market for 23 years. Since he joined Chiba Trading Company at the age of 22, he has started trading in copper. His annual trading volume is very large!
"Dang...dang..." After Big Ben rang thirteen times in a row in the distance, Yokono Yamashima's office door was knocked lightly a few times.Then came in a young face.After he walked in, he first bowed ninety degrees to Yokono Yamashima who was still standing outside the French window looking at the scenery.Then he said: "Manager, the second stage of bidding has ended, and the settlement price of copper is 5896 US dollars."

1me's floor trading is where floor traders bid on the floor.There are two trading sessions in the morning. The trading time of copper is 12:30 and 12:30 respectively. Each trading session lasts for 5 minutes. The price formed in the second trading session is generally regarded as the spot price, so it is highly regarded by all parties. focus on.

Due to 1me's special trading system, the trading volume on the site is not too large, and the 24-hour non-stop telephone market is the main market. Investors in copper trading are very concerned about this price.

"Hmm..." Yokono Yamashima snorted noncommittally, and then said slowly, "What's happening in the market recently?"

As the main bulls in the market, they must pay close attention to the daily market trends.

"Recently, the contracts that are close to delivery have a tendency to increase, but there are not many, because both parties to the transaction have flattened their positions as the delivery is approaching. Now the contracts that are close to delivery are only hundreds of thousands of lots per day. Through research, we found that this The 1me inventory has a tendency to decrease for a period of time, and it may be that someone is storing the spot.”

"In addition to this, the economic data for the first quarter of the United States is about to come out. Judging from the data released in the previous months, the U.S. economy is growing rapidly, which is likely to drive the housing starts in the United States..."

"In addition, the price of crude oil has risen rapidly during this period. The price of crude oil soared yesterday, setting a new high for Deutsche Metal Group..."

These factors mentioned by the young man are all factors that greatly affect the price of copper. Among them, the inventory of 1me is announced daily to reflect the inventory situation to the market for the next day's market reference.The consumption of countries such as the United States, Japan, Germany, and buildings account for a large proportion of global copper production, especially the copper used in pipelines in the construction industry. Therefore, the housing operating rate in the United States has also become an important factor affecting the world copper price. .

As for the connection between crude oil prices and copper prices, it is precisely because these two are internationally important raw materials, and the demand between them also reflects whether the economy is good or bad, so there is a positive correlation between the two to a certain extent.Due to the special system of the copper market, the reaction of the copper price is slightly slower than that of the oil market, so the crude oil price is also closely watched by copper investors.

"What's the reason? Is it the result of the liquidation of those warehouses of Deutsche Metal Group? Or is it because of fundamental reasons?" Yokono Yamashima's body was startled, and he turned around immediately, looking sharply at the The young man at the door.

"This..." The young man thought for a while, and said with some uncertainty: "I asked the people in the crude oil trading department, and their opinion was that the short sellers who suppressed Deutsche Metal Group withdrew from the market, causing the bulls to rebound."

Yokono Yamashima walked to the large desk, lay down on the comfortable sofa chair, and waved his hand to signal the young man to go out. After the young man gently closed the door, he picked up the phone and dialed After dialing a number, he said in a low voice in Japanese: "President, there has been a wave of price in the copper market recently, and I need a lot of copper."

Yokono Yamashima, who has been working hard in the market for a long time, has keenly discovered the market from a few messages from young people, so he plans to manipulate the copper market again.He has played this trick many times, and it is precisely because of the continuous supply of cash copper from Chiba Trading Company that he can manipulate the market recklessly.

"Yokono Yamashima, are you sure?" An old voice came from the phone, the tone seemed to be questioning, but in fact it was just a routine. In the past few years, Yokono Yamashima has raised the price of copper futures contracts Selling a lot of copper made Chiba Trading Co., a copper exporter, earn several times more profit than selling at the current price.

Dongying's resident traders in London usually need to be replaced every three to five years, and Yamashima Yokono has been able to stay in London for decades, and he has already won the trust of the top management of Dongying headquarters. This is not only a private relationship, but more importantly, His record in the market.

"Sure!" Yokono Yamashima said firmly, "I need 50 tons of electrolytic copper that meets the 1me specification. I may need more later, and the specific amount depends on the situation."

"Okay. Yokono Yamashima, I'll report to the headquarters of the group right now." After a long silence on the phone, he simply agreed, and then the voice rang again: "Yokano Yamashima, I heard that London has warned you, What the hell is going on here?"

Shandao Yokomo was tight, and then smiled and said: "This is their usual tactic. First, they make a reverse match with me in the market, and then let it out that I have violated the rules, or even been investigated by the exchange. , and finally suppressed the copper price, making their short positions profitable. At the end of last year, the exchange announced to the outside world that it was concerned about the size of my position. This is an unspoken rule in the industry. If it is dropped or delivered, they have nothing to say."

"Is that so? Well then, I'll help you with the copper issue as soon as possible. Yamashima Yokono, I'll help you suppress the investigation. You must pay attention to this aspect." After saying a few innocuous words Finally, the phone over there finally hung up.

Yokono Yamashima breathed a sigh of relief after confirming that the beep sound came from the other end of the phone. He was well aware of some "rumors" about him in the market, and knew that some of them were fundamentally true, such as his I once asked a certain brokerage company to provide proof of false transactions, but as the saying goes, the sky is high and the emperor is far away, and Dongying can't let go of the huge profits contributed by the non-ferrous financial trading department every year, which made the matter not come out.

……

Almost on the same day, Lin Haocang, who was far away in Scotland, also had a phone call with Anthony in London: "Anthony, how is the copper purchase over there?" In the copper futures contract due in March, the position was not closed two trading days before the expiration, but the delivery was chosen.

"A total of 50 contracts were bought, with an average price of $5885!" Anthony sighed on the phone.He really didn't understand why Lin Haocang thought of carrying out physical delivery, which undoubtedly cost them a lot of money, and at the same time, the copper delivered would occupy a lot of space.

Under Lin Haocang's arrangement, Anthony has already rented a warehouse in London that can accommodate hundreds of thousands of tons of copper. The lease lasts for one year and costs a full 200 ​​million pounds.Although electrolytic copper has a patina phenomenon due to oxidation reaction, it is still easy to preserve.

"No, this speed is far from enough. You have to increase the speed of absorbing copper in the market. At least 40 billion US dollars of copper is enough for us to operate in the market. Do you understand?" Lin Haocang shook his head subconsciously, and immediately Thinking of his unnecessary action, he couldn't help being a little funny.

During this period of time, he has been paying attention to the price of copper futures, and the task of absorbing cash copper has been handed over to Anthony. He is most familiar with the situation in London and is naturally the most suitable candidate.

(End of this chapter)