Island Tycoon

Chapter 87 The Season of Harvest

Chapter 87 The Season of Harvest

It took Ye Jingcheng 10 minutes to arrive at the scene before the opening of the fourth quarter.

Putting his coat on a chair aside, Ye Jingcheng asked the two of them, "How's it going?"

"There are still 9 minutes to start." Cao Renchao looked down at the time and replied without looking back.His attention was always on the huge screen in front of him.

Instead, Li Zhengping put down his work and suggested: "Ye Sheng, I think this is a good momentum. Even if the price of silver will really fall, we still have several sessions of trading time. My suggestion is to take advantage of the victory and pursue it. The price will rise to $50 an ounce, and it will not be too late to close the position at that time."

How excited is Li Zhengping at this time?It can be described as froth flying across the mouth.How much money was made in this operation, and they have not yet liquidated it.Anyway, it was at least several times higher than the record of tens of millions he set.

Ye Jingcheng took a serious look at him. Li Zhengping's judgment was correct, because he knew that in this desperate short-squeeze battle in the BY market, the price peaked at $50.35 per ounce.

But Ye Jingcheng didn't intend to continue taking risks, he had already made a lot of money from this operation.There is no need to covet the next "small profits", especially when they operate such a large amount of futures transactions, and they cannot find another buyer to take over at any time.

And for the collected information, he thinks it may not be the latest one.Really wait until the price of silver rises, there may not be a chance for them to trade.

Ye Jingcheng didn't know when Washington would make a move, but the other party would definitely implement position restrictions when they made a move, under the condition that only liquidation transactions were allowed.As a result, in addition to reducing short positions and forcing cornerers to exit the market, only positions can be entered into the spot market.

Ye Jingcheng didn't answer Li Zhengping directly, but signaled him to calm down.Pay attention to whether you will receive favorable information before and during the transaction in the fourth quarter.

The clock on the wall was 'tick-tick', and the time passed by every minute and every second, but for the three people present, it was undoubtedly a long wait.

jingle bell - jingle bell -

At the same time as the opening of the fourth quarter, the phone next to Cao Renchao rang.I saw that he, who was usually calm, had a lot of sweat in his palms.After wiping his sleeves, Cao Renchao picked up the phone.

"Ye Sheng, the international silver rose by another three cents." Cao Renchao let out a sigh of relief, and the silver rose by another three cents.Insignificant for the price right now, the point is that the call wasn't an announcement of a price drop.

If you haven't experienced it yourself, you don't know how horrible it is.The price increase of silver is so outrageous that it can scare a healthy person into a heart attack.

At this time, the price of gold is only 650 US dollars per ounce, and the price of silver is already one-thirteenth of it.To know the ratio of the two last year, the highest was only 1:206.Most importantly, there is no way silver could have such a high value.

So Cao Renchao knew from his blackened eye bags these days that he was terrified. He was really afraid that the price of silver would suddenly plummet one day.

"Ye Sheng, what the hell is going on now..." Li Zhengping was swearing just now, but now he is a little uncertain about the situation.

"Is the trading time limit of one festival enough to withdraw all the funds?" At this time, Ye Jingcheng's mood was absolutely solemn.

"Maybe." Cao Renchao shook his head and said, "If someone is willing to take this order, the transaction process will only take more than ten minutes. If you only rely on retail investors to ship..."

Ye Jingcheng knew that relying solely on retail investors would definitely not work, at least this method was not timely enough, and the process was the most vulnerable to unexpected shocks.The sliver of luck that I had originally had vanished in an instant.

"Close the position." Ye Jingcheng closed his eyes and ordered.

Li Zhengping made a swallowing movement, his fluke mentality has not been dispelled.So he wanted Ye Jingcheng to pursue the victory, but the risk of doing so was too great, and he didn't know how to bear the consequences.

The three of them immediately began to divide and cooperate. Today's futures trading is not just a matter of moving your fingers.What's more, for such a large transaction, various implementations need to be carried out in the process, and the contact between the buyer and the seller is established by phone.Even the final transaction price must be confirmed by telephone, which is the same as the pending order in the stock market.

During the golden hour of 10 minutes, Li Zhengping managed to get in touch with a big guy who was willing to take over Ye Jingcheng's deal, but he hoped that the price could be lowered a little.

The current silver price has reached 48.9 per ounce, and the price that the other party wants is to cancel the fraction.Cao Renchao picked up the computer on the side to calculate, while Li Zhengping engaged in a tug-of-war with the other party's representative.

In the end, a series of numbers calculated by the computer appeared before Ye Jingcheng's eyes.If he really accepted the other party's offer, he would have to give up at least 800 million in bonuses.

Another few minutes passed, and the negotiations between the two sides began to grow impatient.For any of them, time is now all about money.

"48.5 per ounce, if you agree with him, you can trade immediately. If you don't agree, let it go." With Ye Jingcheng's instruction, Li Zhengping spoke fluent English, and his attitude became stronger.

In the end, the deal was done.

"YES!" Li Zhengping yelled after hanging up the phone.These few days have made them go crazy, and now this task is finally completed.

Ye Jingcheng also let out a sigh of relief, and sat down a little exhausted, waiting for everyone to breathe a sigh of relief.Next, it is time to liquidate the proceeds.

In the past half a month, Ye Jingcheng successively purchased 900 contracts, each representing 48.5 ounces of silver.In other words, the total amount of silver in his hands is [-] million ounces, which is multiplied by the transaction price of [-] per ounce.

The transaction amount actually came to 650 million, and after deducting the 650 million principal under ten times leverage, Ye Jingcheng got back a total of [-] million with interest.

Cao Renchao, who was in charge of the calculation, had trembling hands.This income has increased by [-]% compared to their original expectations.What they expected at the beginning was that if Ye Jingcheng really succeeded, he could earn at least half a billion.

As for Cao Renchao, who is more optimistic about him, the estimated benefit is only 7000 million, but what about the facts before them?
One billion!

No!

But one hundred million and over 650 million! ! !This young man in his early 20s, in less than a month, has already made as much money as an ordinary rich man for a lifetime.

Gollum—

There were two swallows, and Li Zhengping and Cao Renchao looked at each other.

The two of them smiled wryly at the same time. This kind of impoliteness showed that they were very much from the big country.It was as if the previous generation had never seen money, but the two did not joke with each other, Ye Jingcheng was beyond their expectations.

After calculating the general ledger, it was Ye Jingcheng's turn to deal with his private accounts.

Among the money, 900 million is a loan from HSBC, and the brokerage commission and interest total 150 million.

Yuan Tianfan personally sponsored 200 million, and even the principal profit was 550 million.

Yuan Tianfan helped him a lot in this matter, so Ye Jingcheng didn't intend to be greedy.What's more, this information is also transparent to Yuan Tianfan, there is no need to lose a friend for this petty gain, or a person who can become a right-hand man in the future.

The 500 million joint venture between Chen Baixiang and Huang Jing was also invested in this transaction.However, the price of silver had risen to 40 per ounce at that time, so the profit was only doubled. As for how much commission Ye Jingcheng would charge, it would be settled with them at that time.

最后一笔就是曹人超和李政平的佣金,李政平200万的基本佣金外加1%的盈利,总共是330六万五。而曹人超则是100万的基本佣金外加2%的盈利,总共是370三万。

As soon as the number was calculated, Cao Renchao gave Li Zhengping a meaningful look.In this transaction, he not only took an extra commission of more than 30 yuan.More importantly, it proves that his vision is more accurate than the other party.

However, in Ye Jingcheng's eyes, these two people are rare talents, and they have the idea of ​​wining over each other.For this reason, another person sealed a million red envelope.

The total expenditure is 500 million. Ye Jingcheng only invested 900 million in this operation.But now, his worth has exceeded 9000 million, and he is about to move towards the [-] million assets needed to become a super rich man.

Li Zhengping asked with a sense of urgency, "Ye Sheng, what's next..."

(End of this chapter)

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