Age of Dreams

In the afternoon, the price of oil did not continue to plummet, but rose slightly, from 103.38 per barrel to more than 105 US dollars, but never exceeded 110 US dollars.

Everyone knows the current oil price of 110 US dollars.

Oil prices can fluctuate greatly within a day, but if the market closes down by 40% or 50% compared to yesterday, then the entire oil market will enter a sharp deterioration, and perhaps a direct collapse may be possible.

No matter how arrogant the U.S. government is, it will not want everyone to die together.

Even if you want to make those speculators and stockists huge losses, it has to be done slowly, and it will be in place all at once, I am afraid that I don't know how many people will simply be shameless.

In addition to the U.S. government in Tho City, the oil-producing countries in the Middle East have also begun to make efforts.

Unlike consumers who hope that the price of oil will become cheaper and cheaper, they hope that the price of oil will remain at around 100, but they can't sit still when they see that the price of oil will fall below $100 on the first day.

At 3 p.m. Eastern Time, the Organization of Petroleum-Producing Countries, OPEC, announced that starting today, crude oil production will be reduced by 8 million barrels per day to maintain the stability of the oil market, and does not rule out the possibility of continuing to reduce production in large quantities in the future.

It is well known that if oil-producing countries cut production, the oil circulating on the market will decrease.

Compared with the reduced amount of oil in circulation, even if the oil that everyone needs is reduced, the inventory pressure on the entire market is not great, and naturally there is no room for a sharp drop.

Since the establishment of the OPEC organization, it has been a trick to reduce oil production. It is also prepared to cope with the decline in oil, which is absolutely time-tested.

But being able to force OPEC to reduce its production by 8 million barrels a day at a time is the first time it has broken the world.

Sure enough, after the news came out, oil prices rose steadily. At the end of the trading day on the 11th, it had risen to the level of US$127.87, with a drop of more than 12.5%. It was still a tragic drop, but there was no crash.

As in the previous life, after the stock market and commodity exchanges were closed in the afternoon. Talents from investment banks and fund companies such as Goldman Sachs and Morgan Sachs came out of the Federal Supreme Court.

There was no substantive accusation in this inquiry. At present, they are only proactively explaining and assisting in the investigation.

But they all know that if they do not take any substantive actions and do not cooperate with the US government to suppress oil prices, then their life will be difficult. Together with their glory and wealth can not be kept.

To cause death is never the best way to deal with a disobedient person. Give him the most severe deterrent so that he can do what you want and bring you the greatest benefit. This is the most beneficial to yourself. Methods.

Now these predators on Wall Street are frightened. Of course, they dare not play tricks, and can only honestly work hard for the government. I dare not think of anything else for the time being.

Of course, not daring to think now does not mean that you have not dared to think about it all the time, but now you have to follow the baton of the US government.

It is such a tragic day in the global stock market and oil futures market. Many people have not noticed. In fact, there is another very important change, that is, people in the New York Mercantile Exchange have begun to continuously sell bulk commodities.

The so-called bulk commodities refer to those products that are generally not circulated in the retail chain and whose transaction volume and price are huge.

Oil is one of the commodities, and the rest include iron ore, coal, wheat, soybeans and so on. It is also an international commodity.

For these futures commodities, only the Fortune 500 companies are qualified to trade. Or it is directly operated by the relevant department of a country.

Now that everyone sells bulk futures commodities, it represents a high-level company level. At the national level, they are very unoptimistic about the futures market. They want to get out early and take a look before making a decision.

Now that it has developed, oil futures have long represented not itself. Oil futures, which account for more than 30% of the total trading volume of the futures market, have become the vane of the futures market.

If oil futures are hit hard, then other bulk commodities will not feel good and will definitely fall.

Now they reacted in the first time. It was a good thing to sell bulk commodity futures in large quantities, but the problem is that there is more than one smart person. When bulk commodities are sold out, prices have inevitably fallen.

Many things are like this, small failures and declines will lead to more crashes.

"Wei Liaozi's Book of Armed Forces" said that one tenth of the sergeants died in battle, and the army that can remain undefeated is an absolute strong army.

This is especially true for the stock and futures markets. Now that commodities have entered a downward path, at least the recent months, or even one or two years, the weak trend has been determined.

Xiao Qi did not go short the oil futures market because his goal was too big. If he were to go short oil at this time, not only the United States would hate him, but also the Middle East oil-producing countries, Russia, South America and other countries. Will treat Xiao Qi as an enemy.

So for a long time, Xiao Qi did not go short oil directly, but only bet against several major investment banks twice. This is equivalent to personal grievances and has little to do with the interests of oil itself.

In this world, successful people are those who are good at protecting themselves. If they are desperate for money, they will never get away for long.

The last time Xiao Qi shorted subordinated debt, he followed Goldman Sachs, JPMorgan Chase, Morgan Stanley, fund companies and other giants, and he was very careful. Tong Wencong was only a hundred people who made money from it. No one knows how much he and Xiao Qi earned, which is far more than Paulson, the “King of Hedge Funds” who has made the limelight. I don’t know how much it is.

Therefore, Xiao Qi is not going to do oil this time, nor is he going to do sensitive ore, grain and other commodity futures, and it is even more impossible to do the dollar, but to do gold!

After oil plummets and bulk commodities are sold off, people usually turn to large-scale holdings of US dollars to avoid risks. Therefore, the US dollar will continue to strengthen in the future.

Corresponding to the strengthening of the US dollar, the price of gold will inevitably fall. This is the correct market law!

First, oil, then commodities, then U.S. dollars, and finally gold.

Under the interlocking factors, the final impact is the price of gold. Shorting gold in advance is naturally a hidden thing.

As early as June, Xiao Qi let Tong Wencong start the layout. Before Xiao Qi came to the United States in early July, Xiao Qi and Tong Wencong invested 9 billion US dollars and entered the gold futures market one by one.

Among them, Xiao Qi invested 8 billion U.S. dollars in profits from subordinated debt. Tong Wencong not only invested the 500 million U.S. dollars earned during this period, but also posted 500 million U.S. dollars in it.

For him, missing the super-high profits of subordinated debt has already made him regretful, and now he has to miss the gold futures transaction, that is, he really does not know how to cherish opportunities.

Gold is one of the precious metals, but it is a unique faction of superiority. After all, platinum, diamonds and so on are good things, but in the year of disaster, you should see whether gold can change things or these sparkles. What can be exchanged for?

Troubled times gold.

Habits for thousands of years can't be changed in a moment, let alone people never intend to change.

Therefore, speculating on gold futures is a normal speculative operation, which has nothing to do with people's daily life and will not be made irresponsible.

That's the case. Tong Wencong was still very careful in the layout. For more than half a month, people in the fund company used countless small accounts to operate, and finally completed all the layout last weekend.

After the successful layout, all that is left is to wait.

Fortunately, this didn’t make Tong Wencong wait long. It was just a weekend. Ruby Nader was like an angel on earth. He came forward to beat the price of oil, and suddenly caused the soaring oil futures to turn around. Head, slowly all the way down.

After seeing the performance of today's oil futures and commodity futures, when Tong Wencong called Xiao Qi, his voice was trembling.

"Scared Shao, we sent it! You are really the messenger of God!" Tong Wencong said with great excitement and piousness: "Under your command, I can do these two businesses, and I have no regrets in Tong Wencong's entire career. Up!"

"You can't say that." Xiao Qi smiled and said, "Old Tong, the next few years will be the time for us to flex our muscles. I also count on your continued efforts to make our net worth continue to grow!"

"I will follow your intentions!" Tong Wencong said solemnly: "In the financial market, I am your pawn. I will fight wherever you point!"

Until he hung up the phone, Tong Wencong's mood was agitated.

What is the most important thing about being a fund company like him~www.readwn.com~?

Isn't it the ability to predict things like a god?

He, who has always been high and low, watched Xiao Qi's understatement of turning his hands into clouds and rain, billions or even tens of billions of profits, so easily, how could he not worship this genius boy? ?

If the subordinated debt matter is a coincidence, what about the current gold futures?

To be able to judge the trend of the entire market with such precision, and to notice that this has been strong gold futures market, after spotting it, he did not hesitate to pour a huge amount of money into it. How can ordinary people have such courage and heart ?

Follow Qi Shao, there must be meat to eat!

At this moment, this concept has taken root in Tong Wencong's heart, and it will never be eliminated! ! To be continued

ps: Someone said some time ago that gold is already close to the mining cost price and cannot fall anymore. But if a market enters into a panic, does it matter if the cost is not the cost? Looking at these international commodities, including oil, our country’s participation is really low, and the United States is indeed great!