Chapter 688 Killing You With Money (Part 1)
$117, $118, $120. Stefan sat in front of the computer and sneered as his orders in the futures market continued to decrease, and the short orders he could control were getting fewer and fewer. Naturally, Stefan took out more and more US$100 billion, and each of the traders under Stefan's hands were covered in cold sweat, and he couldn't help but suggest that Stefan close his position.
Because obviously the opponent has already taken it right, Stefan has no funds, and even if he does not close his position, there is only one result, that is, he will be eaten up by the other party little by little, because you have no funds in your hand, even if each barrel of oil rises by one cent, Stefan's short position will be forcibly closed a lot to maintain the remaining short positions. And his boss just holds on and doesn't take action.
"Have you closed the position yet?" Old Rockefeller asked his assistant curiously. Although the Kovante family has no intersection with the Rockefeller family, everyone is considered the world's top wealth family, so naturally everyone knows each other very well. However, so far, the funds in the Kovante family have been swallowed up by at least $70 billion. Now they only maintain a short order of about $20 billion. The remaining $10 billion has been lost invisibly in the process of filling the short positions, etc.
"How much is our profit now? If we close all the positions now?" Old Rockefeller pondered for a moment and said. "The current funds we invest about $18 billion, because many positions are purchased at high prices to eat the other party's short positions, but now there are not many high-priced short positions. Many short positions are purchased at relatively low prices before. If we forcefully close the positions now, although we have made about $6 billion from the Kovante family before, once we forcefully close the positions now, the profit will probably be about $1 billion."
"So low?" Old Rockefeller was surprised. The Kovante family lost $70 billion and they were divided up. Now they closed their positions and made a profit of less than $10. The remaining $5 billion is going to be thrown out?
"Yes, because in order to eat them, we forced the price to rise. If we close the position all at once, it will not work. We must maintain the international oil price at the current price for about three months before we can slowly buy short and retreat safely. We must even continue to raise the oil price when necessary." His assistant pushed his glasses.
"How much do you think it can be raised?" Old Rockefeller immediately asked in a deep voice, a bad premonition surged in his heart. "According to the current state, it is estimated that the maximum is around $127 per barrel. Our current approach is to attract some retail investors and take over the long orders in our hands. Then we retreat steadily, but this high price will last at least three months before we have the opportunity to redeploy."
Why didn't the Kovante family close their positions? Do you really want to fight to the death? But in three months, their short orders must have expired first, and the last little hope will be extinguished at that time. "Forcibly adjust half of the position." Old Rockefeller thought for a while, and then spoke in a deep voice.
"We can't do it now. We need to mobilize new funds to buy shorts. Now in order to maintain the high price of oil prices, our extra short orders at this price are as high as US$150 billion. According to our news, several major consortiums in the United States have participated, including several consortiums in Southeast Asia, and even some countries have participated. It seems that the US government has also participated in it. This is also the reason for maintaining high oil prices. Everyone is buying too much, and no one takes our long orders, so the price will be high. Only when we short ourselves and sell it to ourselves. In this way, we can keep our profits unchanged, we can completely get these profits that can be eaten."
After hearing his assistant's words, Old Rockefeller couldn't help but rub his forehead. After thinking about it, he gritted his teeth and said decisively: "My private bank account has about 7 billion US dollars of funds, and I will give it all to you. You should start shorting now, buy some of our own short orders first. Let's buy back all the long orders with the highest price."
"What do you mean?" His assistant is an assistant who specializes in investment, so he could suddenly hear what Old Rockefeller meant. "I think the Kovante family should have a backup plan. In case of precautions, it is better for us to retreat early." Old Rockefeller shook his head. His assistant hesitated for a moment before speaking: "Sir, probably not. There are long orders in the market now that are more than $150 billion. If we don't start shorting slowly, if we want to lower this price, we need at least close to $200 billion to achieve it. Even governments in various countries cannot afford such a large amount of funds at one time."
This assistant is right. The investment plans of governments in various countries are restricted. You don’t invest as long as you want. It’s like futures. Although governments in various countries occasionally buy when they guarantee their victory, they don’t buy them casually. Don’t think about large-scale funds. If Congress and others know, it’s impossible for the people to agree. What are you kidding? Futures is like gambling. What if you lose? Therefore, the funds of these countries generally choose very stable investment plans to invest.
Although what his assistant said makes sense, Old Rockefeller still feels a little unsafe. Although the family assets of the Rockefeller family are very large, because most of their family assets are real estate, so there is not much advanced investment. At least in this operation, the investment of the Rockefeller family is basically considered to be medium and low, which can be seen from the income.
"By the way, is there any news about Xingdian Group?" Old Rockefeller suddenly remembered the vigorous incident of Xingdian Group storing 5,000 tons of gold to the central bank of China some time ago. This incident caused a sensation around the world at that time, 5,000 tons of gold! In the absence of too many gold transactions in the gold futures market, Xingdian Group created 5,000 tons of gold? This is not a small number. Where did this gold come from? No one knows that there is no gold that seems to have disappeared in history.
The most common one is the 1,600 tons of gold that the Russian Tsar finally disappeared. The problem is that the thing disappeared in the Baikal in Russia. This is the most reliable statement because other places cannot disappear, and 1,600 tons of gold is not a small number. However, if a foreign company enters that place, the Russian government will know at the first time that it will not be in Yang Yiwei's hands.
So where did the gold from Xingdian Group come from? It has triggered large-scale discussions around the world. Many media speculated that Xingdian Group has always been at the forefront of the world in the ocean, especially deep-sea operations. Because Xingdian Group is now the only company that is mining deep-sea manganese nodules on a large scale, these media are speculating that Xingdian Group has found the legendary Great Western State in the deep sea? Atlantis?
Otherwise, where did these gold come from? But it doesn't matter. No matter where the gold obtained by Xingdiao Group is already owned, and the gold has been shipped into China's treasury, which proves that this matter is true, and... what his assistant just said just now... Xingdiao Group can achieve that condition! Old Rockefeller did not forget his impression of that young man.
"Starfall Group?" His assistant was stunned for a moment. How could he mention Starfall Group? But soon he thought about what Old Rockefeller means. There is no consortium in the world who may not know about such a big movement in the futures market. Although Starfall Group is just a company... a group... but the strength is amazing. Even some consortiums may not be comparable to this strength. What's even more terrifying is that these strengths are gathered in the hands of one person, just like so many large consortiums in the United States, two major consortiums on the East and West Coasts, plus Rockefeller and Morgan, but in fact, can they play the role of Starfall Group as great as that of Starfall Group?
Impossible! Because Xingzhu Group is just a voice. When Yang Yiwei said it eastward, others have no right to refute it. But what about these consortiums? Although the funds of the overall consortium are terrifying, each person has a few thousandth of shares, a few percent of shares, and a few nearly ten percent of shares, so the number of shareholders in these consortiums is amazing. You think it is feasible for investment, but not all shareholders think it is feasible, especially when mobilizing huge amounts of funds.
When shareholders are agreed, problems are easily arisen in the futures market, stocks, and finance markets. This is why the famous investment companies in the international market are not these consortiums, but hedge funds of people like Soros. It is not that Soros and others have good grasp of the market, but because although they are holding customers' money in their hands, because there is a contract, once they take action, there will be no worries.
These consortiums are different, "Then will I mobilize funds now?" Old Rockefeller's assistant also became serious. Although Xingdian Group did not intervene, no one knew that, and many people even ignored Xingdian Group. After all, Xingdian Group was born too short and had not yet fallen into the deep impression in the eyes of these traditional consortiums.
Chapter completed!