Age of Dreams
Vol 2 Chapter 1533: Silent
Among the various futures transactions in the world, oil and metals are undoubtedly the two most important indicators.
With petroleum as a product, it can be compared with gold, silver, copper, aluminum, zinc and other metals together. This shows how important petroleum is.
In fact, it is the same. Petroleum is not only the source of power generated by various machines. It has derived more than 5,000 kinds of products, which have penetrated into all aspects of people's lives.
Because of this importance, people who can make a difference in the oil futures market have always been regarded as international financial giants.
In a small test last year, everyone only felt that Xiao Qi was lucky to win Merrill Lynch and Goldman Sachs.
But now for the second time, Xiao Qi bet even bigger. The huge "Gamble of the Century" of 5 billion US dollars directly singled out several major investment banks on Wall Street.
No one was optimistic about Xiao Qi at the beginning, especially at the severe time of the subprime mortgage crisis in August, when oil continued to fluctuate violently. Everyone thought that from then on, oil prices would fall all the way from US$78 to US$30-50 a few years ago. Level.
At that time, Xiao Qi's repeated statements in the American media and repeated provocations of American Wall Street elites triggered a series of crusades.
Had it not been for Xiao Qi's rightful titles of "Father of Intelligent Electronics", "World's Most Genius Boy"...etc, I am afraid that the American media would have blocked him long ago, and would not want to fight with this man who is doomed to fail.
Unfortunately, Xiao Qi is not doomed to fail.
Once September entered, oil prices steadily rose terribly, leaving countless analysts and newspaper commentators speechless.
At this time, the media turned out Xiao Qi's previous remarks, only to know how correct this young man said.
It is also known from this that how big a heart Xiao Qi has, he has never shaken his ideas even when facing the doubts of hundreds of investment elites.
Mr. Ruben, the chairman of Wall Street Ruben Funds, self-deprecating words best represent the complex psychology of Wall Street elites.
"I will not comment on this talented young man's keen intuition on oil. In fact, I am stupid. It is not possible for people who can face Joe's gang leader and make them conditionally succumb. Is it easy to be defeated? When I am lost, I am a little grateful. Fortunately, I am not Goldman Sachs, Merrill Lynch, Citigroup, Lehman Brothers or Bear Stearns... I don’t have to be sad for the huge loss of intangible assets, let alone real gold. It’s really good news that Silver lost one billion dollars and was sad!"
Ok.
The four major investment banks plus one major bank are once again lying down.
In fact, it can't be regarded as a lying gun.
Because they attacked Xiao Qi some time ago and also attacked the most severely.
But after Bear Stearns pressed hard in August. It seems that bad luck can be contagious. These investment banks and banks, in the next two months or so, are all struggling to deal with their own bank's subprime loan debt. Where is the time to talk to Xiao Qi and it is only worth 10 A billion-dollar bet?
But they didn't have the energy to continue confronting Xiao Qi, nor did they have the confidence to fight Xiao Qi again in the air. Doesn't it mean that others don't have the mind to dig in the bottom line.
The United States is not monolithic. The financial predators on Wall Street have a lot of enemies.
When everyone cooperated with the remarks of the chairman of Ruben Capital, and then listed the various battles between Xiao Qi and the five enemies in the past six months on paper and on the board, everyone discovered that these investment banks and the The bank is looking for death like this. Xiao Qi was led by the nose step by step, and there was no way to fight back.
Of course, now that they say these things, there are many suspicions of hindsight.
At the beginning, many media people and financial analysts happily said, "The geniuses are sending money, and the taxation of investment income in the United States will be greatly increased."
But this world is about heroes based on success or failure.
Xiao Qi won, so everything is right.
The four major investment banks plus one major bank lose, so everything is their fault.
Although it is the oil futures for delivery on December 31. But according to the current trend, I am afraid that no one will doubt whether Xiao Qi can win.
The only difference is whether the oil price can break through to 100 dollars, and Xiao Qi can win 5 billion dollars!
However, people in Bear Stearns don't have such a good mood to look at the scenery.
Because of the continuous collapse of several funds, Bear Stearns' assets suffered a lot of losses. Many investors hope to redeem the fund, preferring to redeem the principal if they lose money, which makes their cash flow even worse.
Although they can try to avoid the collapse by borrowing, delaying, charging loss fees, and so on. Or it is to extend the time of the crash, but the money is not so easy to borrow. Even among peers and shareholders, it is very difficult to borrow money-who wants to lend money to someone who looks like a waste of money Company?
In this case, it is particularly important that they frozen the 1 billion pair of gambling funds on the bank six months ago.
But the gambling agreement that Xiao Qi gave was very strange. He seemed to have anticipated the problem of the subprime mortgage crisis. He used DreamPad shares to mortgage Citibank and JPMorgan Chase, but he did not allow the five major enemies to use shares as collateral. , But let them take the cash.
Several investment banks and banks didn’t want to do this, but because the gambling agreement was made by Xiao Qi, whoever accepts it is eligible to participate in the gambling, so they have no way to rule it out, so they can only put the money in Citibank and Morgan. Chase.
It is worth mentioning that, although Citibank also participated in the gambling, it also deposited 1 billion in a special frozen account ~www.readwn.com~ and cannot be withdrawn. Their professional ethics There are still.
In the case of an urgent need for money, Bear Stearns, through Wade of Citibank, asked Xiao Qi if he could use shares as collateral, and then asked them to withdraw the US$1 billion for use to relieve the urgent need, but Xiao Qi thought I didn't want to refuse.
Are you kidding me?
Bear Stearns will be finished in March next year, and the hapless one that was acquired directly by JPMorgan Chase, the shares fell sharply from 61.58 US dollars to 4.81 US dollars in just 5 days. Such a weird company, Xiao Qi took its shares. It's purely looking for death!
Speaking of it, the gambling agreement is so cruel, Xiao Qi rejected Bear Stearns, just pushing them to the brink of bankruptcy.
But Xiao Qi didn't feel any guilt. Bear Stearns walked all the way and didn't know how many companies had been cheated. Xiao Qi had no pressure to cheat them.
Like this kind of culprit that destroys the real economy, the whole world is gone! (To be continued. If you like this work, you are welcome to come to the starting point () to vote recommended votes, monthly tickets, your support is my biggest motivation. Mobile users please go to read.)
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