I'm not interested in money or women.

Chapter 113 1 minute
Sitting on the sofa, Lu Feng looked at the K-line chart of silver futures prices in the futures software and analyzed the trend.

In fact, there is no need for analysis. He also knows that Mr. Chu, who is fully long on silver, is about to die.

Because tomorrow is September 9th.

September 9th was the day with the largest single-day drop in this round of silver futures decline.

In the first minute of trading tomorrow morning, the price of silver futures will plummet by 1%.

This is a terrifying drop, especially when the price pulled back 2.37% today.

If bulls buy at today's high, they will see a limit down within 1 minute of tomorrow's morning trading opening.

If you are unlucky and your position is too heavy, this one minute will directly lead to a margin call.

This is the cruelty of the futures market. There is only one letter difference between bulls and bears, but in the market they are as powerful as water and fire. It is either you die or I die.

Every wave on the K-line is like a sharp tooth, devouring the flesh and blood of speculators.

I wonder how many bulls will be tempted to rush in by today's pullback?

What they don’t know is that the short sellers are sharpening their knives and have already made preparations to reap a lot of profits.

One of the short sellers is Lu Feng.

Exiting the K-line chart, Lu Feng looked at the new orders constantly appearing on the market and the ever-changing rising and falling prices, as if he could see a dense web being woven.

Tomorrow's market will definitely be a bloody storm.

As for Mr. Chu, who is firmly bullish, even if his position does not get liquidated tomorrow, he will still lose all the margin he put in to cover his position.

Putting away his phone, Lu Feng glanced at Xiong Baochan in the live broadcast room.

Xiong Baochan is in particularly good working condition today.

Well, it was worth it for him to help her solve the problem.

If she continues on this momentum, she might really become the number one anchor of the entire YY.

The anchors under me are developing well and the traffic aggregation effect is obvious, which is a good thing.

Unfortunately, he encountered problems with the platform's review, which made him quite depressed.

Through Uncle Zhou's connections, he was able to indirectly establish contact with his past life's connections.

But if he wants to establish this relationship, he still needs to think of some way.

At least you have to go to the capital.

But that would require waiting until the other party returns to the capital, which would probably take another day or two.

Judging from the time, the platform should be online before National Day.

As long as it can be put online, even if the effect is not so good, it is acceptable.

But in the end, the effect was not as convincing as before November 1st.

Even so, it was a result that Lu Feng could accept.

The next morning, Lu Feng received a call from Uncle Zhou, who would return to Beijing the next afternoon.

After learning the news, Lu Feng directly booked a flight for that evening and planned to go to Beijing in advance to make preparations.

However, before school was over at noon, while the class was still in session, Luo Qingcheng came to his classroom and interrupted the teacher.

She didn't look well and her eyes were slightly swollen.

After entering the classroom, she went straight to the teacher and whispered a few words.

Teacher Ai, who was teaching, was interrupted by her and was a little confused. But after asking her a few questions, he looked up at Lu Feng at the back of the classroom and gestured, "Lu Feng, come here."

When she called him, Lu Feng was a little confused.

But looking at Luo Qingcheng standing aside, Lu Feng vaguely guessed the reason.

"She said she wanted to see you."

Teacher Ai pointed at Luo Qingcheng.

Luo Qingcheng looked at Lu Feng and whispered, "Lu Feng, can you come out with me for a moment? I have something to talk to you about."

Lu Feng didn't move: "What can't you talk about after class?"

"Can you come out for a moment?"

Luo Qingcheng looked at him pleadingly: "It's really important, please."

Seeing this, Lu Feng thought for a moment and signaled to Teacher Ai: "Teacher, I'll go out for a while."

Then, he and Luo Qingcheng came to the outside of the classroom. Luo Qingcheng led him to the staircase of the teaching building, looking back at him as he walked, as if he was afraid that he would not follow.

Following her all the way to the outside of the teaching building, Lu Feng saw a familiar figure.

Chu Hao.

Chu Hao was standing outside the teaching building, waiting nervously.

Unlike yesterday's flamboyant, arrogant and provocative attitude, his shoulders were slumped as if he couldn't straighten his back.

The tension, fear, and uneasiness on his face were extremely obvious, and became even more intense when he saw Lu Feng.

"It's you?"

When Lu Feng saw that it was him, his guess was confirmed.

Luo Qingcheng didn't have much contact with him, and the only person who could make Luo Qingcheng come to her was Chu Hao, her cheap ex-boyfriend.

"It's me...brother."

Chu Hao rubbed his palms on his pants nervously and looked at Lu Feng with some fear, completely losing his arrogant attitude from yesterday.

"looking for me?"

Lu Feng asked casually.

Upon hearing this question, Chu Hao seemed to collapse, tears immediately flowed down his face, and he cried and said, "My father went bankrupt. I just found out this morning. He mortgaged the factory and owed a lot of money. He used the money to speculate in futures, but his position went bankrupt in one minute this morning. Just one minute..."

Chu Hao cried so hard that his nose was running and his whole body was shaking.

He didn't know what futures were, nor did he understand why his father could go bankrupt in just one minute.

But he remembered the gesture Lu Feng made to him yesterday.

He thought it was an index finger.

But today he found out that that finger represented 1 minute.

Just 1 minute.

Just let his family go bankrupt.

Looking at Lu Feng in front of him, he was like a frightened quail.

This was the fear of facing the unknown, and he didn't understand how Lu Feng did it.

The ability to make a boss with assets worth hundreds of millions bankrupt in just one minute was beyond his understanding and made him fall into unprecedented fear.

Everything he has comes from his father.

He knows this better than anyone else.

If he were to rely on himself alone, he probably wouldn't be able to survive a day.

But the man whom he regarded as an idol called him back this morning, crying and apologizing to him, saying nonsense like "It's over, it's completely over", "Dad is confused", "Dad is sorry for you and your mom", etc.

After asking carefully, he found out that his father's position was liquidated in the futures market.

Chu Jichang started to go long on silver with full position since the beginning of the year. He made a lot of money in the first few months and his margin once approached 40 million.

But when the market crashed in the middle of the year, he lost all his money.

However, he did not give up. He raised some money and came back again, still going all long.

As the price of silver recovered, he gradually made back some of his money.

But starting from mid-September, the market continued to plummet and he lost all his money again.

The money he earned in the previous three years and the money he raised this time totaled 50 million, all of which he lost in the futures market.

He could not accept this result, so he pledged the company's shares, including real estate and cars at home that could be exchanged for money. He found a bridge to get 50 million yuan, intending to turn things around in one fell swoop.

However, just this morning, the silver futures that had just opened plummeted to the limit within just 1 minute.

He was going all long and his position was blown up within 1 minute, and he lost everything.

On the phone, Chu Jichang was slapping himself.

On the other end of the phone, Chu Hao felt like he had fallen into an ice cellar.

He couldn't understand how Chu Jichang lost hundreds of millions of dollars.

But he understood one thing.

He's finished! His family is bankrupt!

(End of this chapter)