Archived Financial Talent

Chapter 544 Skyrocketing Copper Futures

If you want to select one of the most eye-catching products in the world recently, then copper futures must do your part.

2008 has come to an end, many countries have implemented a lot of loose monetary rescue policies, but the global economy did not bottom out immediately.

In this downturn in the global financial market, copper futures are like bright stars in the dark, giving people a glimmer of hope.

When the price of copper futures exceeded [-] US dollars, many investors who were short-sighted could no longer bear it, and began to enter the market with light positions.

Although everyone's positions are not very heavy at this time, but there are too many people, so the price of copper futures continues to rise amidst the buying orders.

The continuous rise in the price of copper futures has also led to more and more people who are still hesitating entering the market one after another, exacerbating the rise in copper prices.

In a magnificent office building on Wall Street, there is a room full of computers and monitors of various sizes. Many people are staring up at the big screen in the middle of the room.

The K-line chart on the screen is exactly the trend of copper futures.

At this time, the time-sharing price trend of raw copper futures continued to rise, like a long snake spewing out letters, soaring into the sky, and the trading volume was also continuously enlarged.

"Boss, shall we continue to short?"

At the back of the room, on a beautiful and luxurious sofa, Buffett is sitting on it with a livid face, his right hand is tightly grasping the head of the crutch, due to too much force, it can be seen that there are protrusions on the back of his hand The cyan veins, against the backdrop of the opponent's fleshless hands, are particularly frightening.

At this time, a middle-aged Caucasian man walked slowly to Buffett's side, looking at him carefully.

"How much is our current position?"

A word without the slightest emotion seemed to come from Abi Hell, and the white man swallowed slightly, and stammered: "At present, our position has reached [-]%."

After saying this, the Caucasian man felt that his back was getting cold, and from the corner of his eye, he saw a bean-sized sweat bead slowly sliding down his left cheek, and then fell on the granite floor. Fell into a drop of beautiful bead flowers.

"If you cover up the remaining funds, can you stabilize the copper price?"

The sound of Hades demanding his life reached the white man's ears, his legs were so frightened that he couldn't stand still for a while, and fell directly to the cold floor.

At this time, the man didn't care about the cold feeling coming from his buttocks, but hurriedly said: "Boss, absolutely not."

"Currently the general trend in the market has been established, and the sharp rise in copper prices has become a trend. If we continue to short at this time, it will simply be against the market, and we will definitely die by then."

As soon as the white man's words fell, Buffett snorted coldly, and turned his head to look down at the man kneeling on the ground who had been trembling for a long time.

"Then you mean, let me close my position and leave now?"

"Do you know how much money I have lost now?"

"You let me leave now, how can I be willing?"

When Buffett said the last sentence, he almost roared out, with a slight tremor in his voice.

In fact, at this time, Buffett was also very scared. It was not wrong, the stock god was also scared.

It never occurred to him that Lin Feng would know how to use the general trend to drive up the price of copper futures.

Now [-]% of Buffett's positions in the market have lost tens of billions of dollars.

Many of these funds belong to other investors.

The white man kneeling on the ground spoke with difficulty.

"Boss, we really can't continue to be short. I have already heard that even Bill has already started to retreat."

"Boss, you must not be deceived by Bill. He is using you to create opportunities for his appearance."

When Buffett heard this, he stared at the white man's eyes again.

"What did you say?"

"Bill's funds have been withdrawn?"

The white man looked at Buffett with eyes that seemed to eat him, his heart beat violently, and he swallowed slightly in his mouth.

"Boss, according to the information I got, Bill also suffered heavy losses in shorting copper futures, so he is withdrawing funds."

"He called you before just to let you come in to pick up the deal."

Hearing these words, Buffett looked forward without any emotion in his eyes.

At this time, the white man kneeling on the ground didn't dare to speak anymore, so he kept sitting on the ground and didn't dare to move. He knew that Buffett was thinking about something at this time.

"Ha~ha~ha~"

A few minutes later, Buffett, who was sitting on the sofa, let out a burst of laughter.

The voice was very loud, and the laughter kept echoing in the room.

Everyone else in the room put down their work and turned to look at Buffett who was sitting behind laughing loudly, not understanding why the other party suddenly laughed.

After all, their losses were very serious at this time. In just a few days, their losses had already reached tens of billions.

As Buffett's subordinates, they know that these funds belong to investors.

Once this news gets out, it is very likely that all investors will panic, and there will be another crazy wave of redemption.

At this time, many people felt very tired in their hearts, wondering if their boss had done something wicked, which caused God to look down on them.

Otherwise, how could their company have encountered two major redemption incidents within a year.

And judging from the current situation, if outsiders know that they have lost tens of billions of dollars in investment this time, then there may be a third redemption incident.

Buffett laughed for a minute before he stopped slowly, and the crutch in his hand kept making "clucking" sounds.

"I, Buffett, am a stock god, how could I be defeated so easily."

After Buffett said this, he stood up and said with a lot of pride: "The stock god will not be defeated so easily, I am invincible."

"Since Lin Feng wants to play a big game with me, then I will play a big game with him."

"We'll see who can't bear it first."

Seeing Buffett like this, the white man sitting paralyzed on the ground was very worried that the other party had gone mad, but when he saw the crutch in the other party's hand, he swallowed back the words that had already reached his lips.

Bill didn't know that Buffett wanted to have a big game with Lin Feng at this time. At this time, he was sitting on the sofa staring at a report with a sad face, and there were three men standing there in front of him. Don't dare to let out the air.

"Why is my loss so severe?"

After reading the report, Bill slammed the report on the ground with his right hand, and glared at the three people standing in front of him.

Although Bill had prepared himself before, when he saw that his losses had reached 70 billion US dollars, Bill still couldn't hold back.

$ 70 billion.

Not a lot for Bill's tens of billions.

But most of Bill's net worth is the company's stock, and there is no way to cash it out in a short time to repay it.

He borrowed these losses from several investment banks, and now that the losses are so serious, he needs to repay them.

But he doesn't have so much liquidity, and he doesn't know what to use to return it.

At this time, the older man among the three men standing there said, "Boss, we all open and close positions according to your orders."

"And we also left the market early, otherwise, the loss may be even more serious."

When Bill heard the man's words, the anger on his face grew stronger.

"Then you mean to blame me for making a wrong decision?"

"Don't you, as traders, have no responsibility at all?"

"Fortunately, you are still some of the top traders on Wall Street, I bah."

Hearing Bill's words, the faces of the three of them immediately turned livid.

The three of them are also well-known traders on Wall Street, and they would not have accepted Bill's order if it hadn't been for the guarantees from the senior management of several investment banks.

What they didn't expect was that after they accepted Bill's offer, they realized that the other party was actually going to short copper futures. The most important point was that they had already persuaded Bill many times not to short copper futures during the decision-making process. Futures, but the other party insists on doing so.

Well now, the price of copper futures has risen sharply. At this time, Bill blamed them for not being able to help each other make money. How could they not be angry.

"Since the boss has said so, then I don't want your salary anymore, I'll leave."

After the oldest man put down a sentence, he turned and left, while the other two men looked at each other.

When Bill heard the man's words, the expression on his face became very gloomy.

At this time, after a brief eye contact, the other two men followed the example of the man just now, turned around and left after saying a word.

Bill was surprised to see the three people leave his eyes one after another, and immediately roared.

In fact, it's no wonder that the three of them shook hands and left.

According to the cooperation agreement signed by the three of them with Bill, their salaries are based on profits.

Now the three of them not only failed to help Bill make money this time, but also lost more than 70 billion yuan, so it is impossible for them to get the promotion.

Since there is no money to take, why stand here and be scolded by Bill, for what?
Even if Bill is the richest man in the world, they don't have to beg each other.

Since the other party doesn't give face, then they don't have to give each other face either.

They all grunted in their hearts towards Bill. They never thought that Bill, the richest man in the world, would be such an incompetent person.

"Lin Feng, I will never let you go, just wait for me."

In the room where Bill was left alone, only Bill's roaring voice kept echoing.

(End of this chapter)