super energy power

Chapter 274 Cannon Fodder

The London oil futures market has to trade until four o'clock in the morning, and everyone has to stay up until the early morning before resting.When it's time to go to bed, it's often morning.

The four people brought by Director Mao all seemed to be gay, and they were in high spirits at the beginning, but at around two o'clock in the morning, they fell asleep on the sofa at the same time, staggering like they were drunk.

Director Mao didn't make any introductions, and no one rushed up to get to know them in a daze.Still doing their own things.In fact, just by looking at the big necklaces around their necks, fashionable half-length hair and crisp clothes, you can tell that they are special.

[China] in the early 90s was just beginning to pay attention to fashion.Small and medium-sized cities and state-owned enterprises may still maintain the simplicity of the mid-80s, but in Beijing, in government guest houses, Cardin, Louis Vuitton and Amway Avon are no longer new affairs.

Most of the people who can afford them are big businessmen, but those who really wear them are often the second generation of businessmen or officials.The men and women who earn their first pot of gold early and late are still reluctant to spend extravagantly.

Since Director Mao led the door in, the identities of these four young people were ready to be revealed.

At noon on January 1th, those who woke up gathered in front of three screens again.

The minute passed by 18:03.Oil prices started to rise again.

Three minutes later, Zhu Enbo made a decision: "Buy another 3 barrels."

The traders of the State Reserve Bureau got busy as if they had been pumped.They have to call agents in the City of London and place orders through the futures market.The procedures are not simple, but everyone's actions are very fast.

After they got busy, they didn't even care about the traders of Sioux City and Dahua Industrial.

An assistant researcher at the Policy Research Center explained to Director Mao and the young people around him: "The current oil price is 32.2 US dollars, which has returned to the price when the State Reserve Bureau entered the market. In other words, the next increase will be all profit."

"How much can there be?" The tall young man's eyes were still a little confused.Sleeping on the sofa Chapter 270 Chapter [-] Cannon fodder is not always so comfortable.

"Oil at US$32.2, as long as it rises by 40 cents, there will be a profit of more than 1%. If you add 10 times the leverage, there will be a profit of 10%."

"A rise of 40 cents is from 32.2 to 32.6?"

"Yes."

"Is this the number?" The young man walked to the screen on the left, pointed it, and asked, "It's 32.4 now. Does that mean it's going to be 32.8?"

The assistant researcher laughed: "No, 32.4 is because the cents just went up."

"Just raised the penny? So you made 5%? How long did it take?"

"A quarter of an hour." Another man in a red shirt stood in front and looked at his watch.

The tall man touched his forehead and asked, "How much is 5%? I mean, how much money does the State Reserve Board make?"

"A few million. Director Zhu just bought 50 barrels. I don't know if the transaction is successful. If it is successful, it will be 10 US dollars."

"It's ten thousand now." The red shirt stared at the screen.

The assistant researcher said naturally: "Oh, the increase is really fast, to 32.6. That's right, the 50 barrels of oil I bought just now made a profit of [-] US dollars."

It was very easy for him to watch from the sidelines, and the traders of the State Reserve Bureau were already celebrating.Ten thousand U.S. dollars, which is already more than the wages of all of them combined.It's pretty good as a benefit.

In this regard, it is not surprising that the State Reserve Bureau will fail miserably in the futures market in the future. If they really have the ability to perform miracles, why would they mess with their salaries at the State Reserve Bureau.Of course, the state does not require the State Reserve Adjustment Center to make money in the futures market, but there are always some people who want to use the state's capital to make their own cake bigger, so they will suffer various losses.

The four young men unconsciously walked to the front of the screen, and the tall one muttered to himself, "So, if we buy 50 barrels of oil, we can still earn [-] US dollars?"

The assistant researcher smiled and said, "At the price of US$32.26 per barrel, 50 barrels cost US$1630 million, and at least 160 million must be prepared, and 300 million is relatively safe."

"You're pretty quick.

"The red shirt said in a praiseful tone. Students who have passed through the [sports] years have a math level similar to that of American students. Those who can do mental arithmetic and multiplication are all skills to be proud of.

The four young men discussed in low voices.

At this moment, Sioux City's voice came from nearby: "100 million barrels, buy short."

"Buying short is buying short, right?" The tall young man grabbed the assistant researcher. Before coming, he had done some homework.

The assistant researcher said "yes" softly and then explained: "Buying short is to make money when it falls, and lose money when it rises. Dahua bought 100 million barrels of crude oil, and if it rises by 0.2 US dollars, he will lose 10 US dollars."

The tall man said, "This thing will still lose money."

Director Mao couldn't help coughing twice, and said: "The risk in the futures market is very high, and you can easily lose millions, just take a look."

The four said yes with a smile.The red shirt walked up to Sioux City again, and asked strangely, "Oil prices are clearly rising, how do you buy them down?"

"It's almost time." Su Cheng smiled.

"What's almost?"

"The price has risen here, which is the limit." It is impossible for Sioux City to remember the exact figure of the oil price, but in my impression, the oil price before the war was around 32 US dollars.At this time, it has reached 32.6 or even 32.7 US dollars, which is indeed the limit.

He is not worried about telling others, because the other party has to believe you to buy ups and downs with you, just like betting big or small in a casino, there will be some followers behind the winner.But no one follows a stranger.

January 1991, 1, the deadline for the United Nations resolution on Iraq.At this time, there are not 15 million but 1000 million people all over the world talking about the rise and fall of oil prices. Who to believe is a more difficult topic than the oil price itself.

The red shirt just asked curiously: "How do you know that the price of oil will not rise again?"

"guess."

"Just guessing?"

"There is still analysis." Su Cheng spread his hands.

The red shirt frowned and said, "You know that if you continue to raise the price, you will lose money, right?"

Su Cheng laughed, and said, "If the price drops, I'll make money."

"If I were you, I'd wait until it really fell before buying."

"One million barrels of crude oil cannot be bought in a short while.

"Su Cheng said this, and turned around to listen to the feedback from the traders.

The red shirt yelled from behind: "Will the price of oil fall?"

Su Cheng nodded without explaining.In fact, not to mention them, even the strategic business department of Dahua Group is more bullish than bearish on oil prices.Even with the coercion of the chairman, Sioux City can't completely convince them. As for convincing the State Reserve Bureau, it is even more impossible now. Maybe let them suffer a little loss, so that they can have the patience to listen to the reason.

In fact, if it wasn't for predicting future generations, Sioux City wouldn't believe that a major war in the Middle East would not have actually affected oil prices.

Did the Soviet Union really let the United States flex its muscles? The multinational troops from 38 countries didn't make a mess of themselves? The "world's fourth" Iraqi army was beaten helplessly!The Iraqi ground forces with Soviet tanks failed to complete any strategic mission!The famous Scud tank can't even handle the Saudi oil field!The Persian Gulf is at war, and the countries in the Middle East not only maintain the pre-war oil production, but also make up for the lack of Iraq and Kuwait?The oil companies in the Western world really obeyed the White House's order and did not drive up prices?

If you want to present 1991 with a concluding sentence, "Is this world swollen?" it would be a perfect comment.

If there is a reason to explain this incredible ending, it can only be said: The Cold War is over and the United States has won.

However, for [Chinese] Chinese, this reason is more unbelievable than the ending.

Sioux City has absolutely no interest in discussing the world situation. The researchers in the Policy Research Office behind him have discussed enough.

But while he doesn't participate in the discussions, what he's doing, his steadfast short buying, has long since proven his leanings.

The assistant researcher couldn't help but persuaded: "Don't listen to him, today is the deadline for the withdrawal of Iraqi troops, and there is no movement at all. We analyze that there will be a war within a week. At that time, the price of oil will soar. .”

"You mean the analysis by the Policy Research Center of the State Council?" the red shirt asked carefully.

"Yes."

"Okay, what do you say." Red Shirt turned to the other three.

They discussed it together for a while, and finally made a decision: it is better for the state agency to be safer.

So, as a representative, the red shirt approached Director Huang and asked if the State Reserve Bureau could help them buy some oil futures?

Director Huang agreed immediately, and promised: "I will build a separate warehouse for you. When the time comes, I will let you buy first when you want to buy, and let you sell first when you want to sell..."

Su Cheng couldn't help but turned his head, according to Director Huang's words, isn't this the mouse warehouse.

Discussing this kind of issue in public.

However, the four people including Red Shirt, Director Huang and Director Mao all took it for granted.

Only then did Su Cheng wake up.The domestic fund market has not yet been developed, and rat warehouses are completely unfamiliar to the public.

Even for the State Reserve Bureau, it is nothing.

Su Cheng's lips moved, but he still didn't speak in the end.In front of the world's largest commodity trading market, any state agency is cannon fodder.

Once the price of oil starts to fall, the mouse positions cannot keep them.

That being the case, let them go.

Su Cheng shook his hand, and said in a casual tone: "Buy another million barrels of oil short."! ! !

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