With the announcement of the increase in production by Brazil's River Valley Minerals, it immediately caused turmoil in the global iron ore futures market. Due to the serious steel backlog, investors are worried that excessive iron ore investment in the market will further lead to the waste of steel. The pessimism in the entire market reflects the exchange's figures. As of 12 noon, the futures price of iron ore has fallen by 20 percentage points, falling from 27.69 to 22.15.

There is no doubt that this is a very serious plunge, which is very outrageous for a mature trading system. It was nine years ago that there was such a huge turmoil in commodities. However, the Middle East War was born and the oil embargo policy of Middle Eastern countries led to market changes, which was different from the iron ore futures this time.

However, from a long-term analysis, we believe that the past Fukushima War led to a bias in national policies and the increase in demand for iron ore has pushed up the rise in iron ore prices.

But in fact, except for the war that spanned eight thousand miles away with Argentina, Britain did not have a strong military force. With the influence of the war, the high price of iron ore became a bubble. This time, the increase in production by the river valley mineral companies happened to burst the bubble, which eventually led to a plummeting iron ore price this time.

...

On TV, the financial channels of various TV stations have focused on the ongoing iron ore futures plunge. Many commentators and experts are trying to find a reasonable explanation for this matter. Regardless of how credible these reasons are, the plunge in iron ore futures is still continuing.

This is a huge speculative carnival. On the London Metal Exchange, countless brokers shouted hoarsely and sweating, but they still insisted on placing orders for their customers in the trading hall. The bills in black and white were flying like snowflakes, and no one wanted to miss such a grand ceremony.

Of course, the carnival is not just in the trading hall, but in the various private rooms on the second floor, the big investors are also cheering.

The fat man, who was covered with gem rings, slapped the table excitedly, and couldn't find his eyes when he smiled; the three reserved gentlemen opened the window and shouted loudly at the trading hall; even the rich prince of the Middle East who never took money seriously was so happy that he stood up and danced Arabic dance, twisting his waist and buttocks into an S-shaped shape.

In York and Lincoln's private rooms, they were so excited that they jumped onto the table and howled.

"Twenty percentage points, it fell so much in just one morning, which really stood out from my expectations! I have to say that the power of all investors to unite is so powerful. I think not to mention just a declining Luxembourg, even adding the Swiss banking group, even the administrative intervention of the British government cannot be stopped!" York said loudly.

Lincoln said: "I really want to see what kind of Chinese man Zhou Ming has, and he is trying hard to stop us from entering the market. I think he is just an idiot, and he actually thinks of such a clumsy excuse. I'm afraid only the idiot Alfonso will believe him. But now when he sees the price drop in iron ore futures so crazy, he may regret it so much that he wants to kill someone."

York also looked confident: "After all, the Chinese man Zhou Ming is a speculator. He has no strength in himself and just wants to speculate, but he forgot that this is not China, and not everyone will believe him."

"This slap in the face was so refreshing. Fortunately, we didn't believe him at the beginning, otherwise we wouldn't be laughing today but would be crying!" Lincoln said.

At this moment, outside the exchange, Zhou Ming and Alfonso did not leave, they sat in a cafe not far away.

Previously, there should be a Chaisi Cafe with many people, but due to the heavy rains these days, the number of people who are willing to go out and come here has been reduced a lot. However, because of this, Zhou Ming was happy to be peaceful.

Looking up at the analysis of iron ore futures on TV, Zhou Ming asked Afangsuo: "Do you regret believing that I have let myself miss such a carnival?"

Afangsou shook his head silently: "I don't regret it. On the contrary, I am very glad that I chose to believe you, Mr. Zhou Ming, because if I made the opposite choice, I would probably be reveling in the exchange like York and others now, and ignore other things. Just as the commentator said in the report just now, this plunge is too abnormal."

"Only those guys who are determined to speculate will be fooled. Otherwise, how could they not think about how Oslan and the others can allow such a life? They are Luxembourg, a royal family that is comparable to a large country, is a royal family!" said Alfonso.

Zhou Ming smiled. He was happy that Alfonso could still think like this at this time. Alfonso then asked: "So what should we do now? I always feel like something is going to give birth."

Zhou Ming nodded and told him: "A 20% plunge is a critical point that the Luxembourg family can bear. Next, they should let their traps close."

After Zhou Ming said that, he thought about it again and said, "But if their ambition is great enough, they can choose to wait a little longer and close the net after falling by another five to ten percentage points. This will make this carnival more hold and will also make more people fall in. Those who have entered the market will fall deeper, it depends on how they choose. To be honest, I really hope that they can close the net now, otherwise the situation will be the worst."

As Zhou Ming finished speaking, a muffled thunder suddenly sounded in the sky. The rumbling thunder sounded like a monster roaring on the clouds. At the same time, it was already a heavy rain, and it seemed to be a little heavier.

...

In a private room on the second floor of the London Metal Exchange, Opold walked around the room angrily. He came to the window and looked at the carnival below, and became even more angry.

"These damn bastards, I think you are consuming iron ore futures, and I think you can snatch profits from the Luxembourg family. I must think you are very great, right? Then enjoy the happiness now, because you are the only one left, and we will definitely get all the benefits back. No matter how much you eat, you must spit it out for me!" Opold said gritting his teeth.

Looking up at the numbers on the big screen, Opold suddenly remembered something and cursed angrily: "What is this damn Mihawk doing? Are you eating stool? Why aren't you ready yet? It's down more than twenty percentage points now!"

At this moment, a voice suddenly came from behind: "This is what I asked him to do."

Opold was shocked at that time. He turned around and stared at Oslan with wide eyes, full of incredible ideas. He didn't understand why his father did this. Could it be that his father didn't know that these 20 percentage points were their critical point?

Facing Opold's surprised expression, Oslan said calmly: "Of course I understand where our critical point is, but you just don't."

If Opold was just confused before, then now he is completely confused: Why don’t he understand?

Oslan explained to him: "Actually, it is not a secret that our critical point is. Anyone who has a certain understanding of us can easily push it out. So do you think this critical point has any meaning?"

Opold still had a little understanding: "But if this critical point comes out, there may be a situation where we cannot control it. It may be that we cannot recover the losses, or it may be that we will not be able to reverse the situation."

"You can see clearly, I can see clearly, so everyone is waiting."

Oslan said, pointing his hand to the big screen outside, Opold looked at the numbers on it and suddenly remembered.

"The decline in iron ore futures has slowed down now? This figure seems to have only fallen by less than 3 pounds half an hour ago, so is this attitude everyone is waiting for us to come?" Obod asked.

Oslan nodded and said, "Yes, the big investors who can really affect market changes are those big investors, but those guys are bastards who are more virtuous than foxes. Now that they are at the critical point, they will be waiting and watching. If we take countermeasures, then they are likely to stop when they meet, and then we will not have the chance to catch their tails."

"So father, do you want to deliberately make the iron ore futures price fall below the critical point we can bear?" Opold asked nervously, completely unable to believe that his father was going to do this.

In response to this, Oslan glanced at him indifferently: "Have you forgotten what I said before? I don't want to just drive them away those annoying mosquitoes, because they will make a comeback next time they have the chance. What I want is to kill one or two, so that they should be completely reminded of their fear of us!"

Opold was shocked, and he subconsciously swallowed, not daring to breathe.

For him, although it was his father, he still felt his terrible arrangement at this moment, because if it were just him, at most he would just warn them to forget about it. How could he continue to let go of the bigger trap like now, and to swallow all his opponents in one bite and not let anyone escape.

Could it be...are you not worried about any accidents in the plan? After all, this has already reached the critical point they can bear.

Oslan saw Opold's concern and told Opold: "The critical point is a shackle that fools a fool. If you believe in him, he will become a burden to you. If you don't believe it, then you may be able to go to another world."

"Of course I know it's a risky one, but now when York and they found iron ore futures and entered the market with little face, they also brought the rhythm of others and allowed more investors to follow in. This is a provocation from all opponents against us. So do you think we have any advantages?"

Oslan's eyes were as sharp as a knife: "So since we have lost our advantage, we have to take the risk, and by the way, we can let them know that our Sao'er family in Luxembourg is still the tiger that everyone respects and fears!"

Opold was excited: "Father, I believe your plan will succeed!" 8
Chapter completed!