The Kyoto Bubble Era: Starting from the Sale of Hundreds of Millions of Properties

Chapter 513

November 1991, 11, London Metal Exchange.

Hamanaka was walking alone in the hall of the exchange. Not long ago, he opened a global bank account at Bank of Merrill Lynch that was not authorized by Sumitomo Corporation. The account belonged to him, but the funds in it came from Sumitomo business.

Copper futures business is one of the pillar industries of Sumitomo Corporation, and he has been fully authorized by him. In order to prevent his subordinates from leaking confidential information, Hamanaka Taio has always firmly held the 5% copper futures in his own hands. The president did not know which accounts these funds and futures were scattered into.

Manipulating transactions, keeping track of finances, etc. is all his responsibility.

In the past few years, the board of directors of Sumitomo Corporation repeatedly asked Hamanaka Taio to disclose the details of the copper futures business to the board of directors, but unfortunately he refused every time.

Hamanaka Tainan is very confident, and the reason for his refusal is also very simple——

The copper futures trading rules involve some of his private futures trading methods. Once it is made public, it may be leaked. At that time, copper futures will no longer be Sumitomo Corporation's trump card, and the income may drop significantly.

As long as someone can stand up to replace him and continue to earn such lucrative futures income for the Sumitomo Foundation every year, he doesn't mind handing over the power.

Those clamoring for him to abdicate immediately died down, not daring to let another fart go.

That is a net profit of nearly 1 trillion yen a year!

Who dares to say with confidence that they can create equal or even more value?
Because of this relationship, Hamaka Taio has no restrictions on the manipulation of copper futures, which is why he dared to sell 3% of copper futures to Alpha Group.

Even if the 3% is taken out, no one can find any evidence. If someone wants him to disclose the data, then he will use the words just now to prevaricate the other party, and the incident will always end in the end.

The big bosses of the Sumitomo Foundation have always supported him. In short, a subordinate who can make money is a good subordinate, no matter what method he uses to make money.

At this time, he still has nearly 80 tons of copper futures contracts in his hands. Except for Victoria, this fund still dominates the entire copper futures market. As long as he wants, he can still manipulate the market capital flow and push the copper futures price up to unimaginable heights.

After saying goodbye to Takeshita Shinobu that day, Hamanaka Taio booked a plane ticket to London and rushed to the London Metal Exchange without stopping. He secretly contacted several giants in the copper futures market, implicitly expressing his desire to promote copper futures Intent to increase prices.

At that time, the price of copper futures had already fallen to the bottom, and a large number of retail investors entered the market with funds. Unfortunately, the price was still sluggish and showed no upward trend.

Then retail investors took positions one after another, causing copper futures prices to fall again.

At this time, if the price of copper futures is allowed to rise against the market, huge profits will be made, and no one will refuse.

The question is who can drive the price.

As he expected, the several giant crocodiles visited by Hamanaka were quite interested in this matter. Anyway, they didn't need to work hard, and they could get huge profits if they didn't contradict Binaka. Who wouldn't?

After solving the hidden dangers that may arise here, Hamaka Tainan immediately opened an account, and then began to manipulate the market on the London Metal Exchange. During this period, he also tried to contact Victoria, but the number the girl gave him was empty .
"Forget it, it doesn't matter. Although she has 3% of the copper futures in her hand, it is not worth mentioning compared with the entire market. Even if she is determined to fight me, she can't resist those giants adding me. The size, really did that, just to eat her."

Taman Hamaka smiled coldly, sitting in the lobby of the exchange leisurely watching the ever-changing trading prices on the public screen.

What he held in this large-scale transaction was a long position, that is, he misappropriated funds from Sumitomo Corporation to buy a large number of copper futures contracts, and then sold them after the copper price rose, which could make a large profit.

A few days ago, the price of copper futures was 3075 meters of gold per ton, the lowest in history. In the following days, the price of copper futures was still falling. As of yesterday, it had reached 2954 meters of gold per ton.

According to the scheduled plan, starting today, the price of copper futures will suddenly rise, and then it will skyrocket to an incredible price throughout December, and it will slowly fall back after he sells those contracts.

With this money, it would be nice to help Nobu Takeshita buy some necessities in London and relieve his pressure.

I still have some connections here.

At this moment, the numbers on the public screen jumped suddenly.

Copper futures contract prices fell to 2954 meters gold per ton from 2905 meters gold per tonne.

There was a sound of sighing all around, and many people in suits and leather shoes were dejected and left silently with the notes in their hands.

Hamanaka looked at them with a smile. These foreigners are like this. They like to bet everything on the table, but they never know that the price of everything has already been predetermined. They think they are betting their lives, but in fact they are just dying.

During the Gulf War, Sosuke Kitahara was harvesting leeks in the oil market in the United States, and now he is harvesting retail investors in the copper futures market in London. I wonder how he felt at that time?
Thinking of Kitahara Sosuke, Hamanaka Tao gritted his teeth with hatred.

The first time I heard this name was from my son. Although the only son is not very successful, he is at least a decent heir to the family.

He has devoted countless efforts, hoping that Hamanaka Taro can inherit his mantle one day, and he does not want to develop the Hamaka family into a super wealthy family, at least not to decline in his generation.

Unfortunately, Kitahara Sosuke destroyed all of this before he could verify his son's ability.

Ever since that name appeared in his life, he seemed to have been unhappy.

"Kitahara Sosuke, I will definitely trample you on the soles of my feet!"

Heaving a sigh of relief, Hamanaka continued to watch the electronic screen, waiting for the price of copper futures to rise.

three hours later.

After a price drop, copper futures finally started an abnormal price rise.

From 2855 meters of gold per ton to 2989 meters of gold per ton.

At that moment, Binaka Tainan clearly heard the surprised voices of the people around him.

Is this a brief flashback, or has it really bounced back?
no one knows.

After a while, the price of copper futures soared from 3012 meters of gold per ton to 3024 meters of gold per ton. This wave of abnormal rise made countless traders puzzled. Everyone stood in the hall of the exchange until the end of the afternoon. Locked in 3051 meters of gold per ton, Hamanaka Tainan heaved a sigh of relief.

Everything works as expected.

Walking out of the exchange, London in winter is a bit cold, and the roads are full of British gentlemen in thick trench coats and top hats.

He made a call: "It's me, Binzhong, tomorrow, put all the money in my Merrill Lynch account into the copper futures market. That's right, I want stud!"

(End of this chapter)