We are all reborn, who wants to be the richest man?

Chapter 103 Returns in Futures Markets

After New Year's Day, the futures contracts of Yunhua Investment began to sell secretly.

The good thing is that the futures market is crazy now, and there are too many buyers who are willing and must accept the futures contracts of Yunhua Investment.

First, Robert's team started selling silver futures on January 1. When Luo Niazhong originally bought it, silver was less than $15 per ounce, and now it has risen to $8.

He knows there is room to rise, and it will eventually surpass $50.

But he knows the rule of not making at least a penny. Otherwise, if there is a slight unexpected factor, the loss will not happen, but it is not certain whether he can keep the current profit.

However, Luo Nianzhong entered the market late at that time and stipulated that the purchase price could not exceed US$8. He had more than 3000 silver futures in his hands and made about US$ million.

He felt that he was making less money, but it almost caused a big crash on Wall Street.

Yunhua Investment began to sell silver. Even though it was careful, it still attracted the attention of Wall Street and the Hunter family.

There is no way not to notice that the entire silver futures market has increased more than five times in more than three months. All retail investors and some institutions are buying silver like crazy. There are so many sell orders at this time, which is like a bald man with long hair. You can't hide it at all.

"Boss, the Hunter family is following up, but you know, their financial situation is not very good now. With so many silver futures contracts, it will be difficult for them to eat up quickly."

“How is the silver futures market reacting now?”

"There has been a shock, and a large number of retail investors have begun to wait and see. Only a few small institutions have followed the Hunter family and taken some action."

Robert is operating remotely from Hong Kong Island, the Hunter family is taking in, and now the entire market is paying attention to this contest.

"How many silver futures did the other party sell?"

"Now there are more than a thousand, with a total value of more than 200 million US dollars. Which small institutions are reluctant to take these, and they don't know how many they will throw away later."

"Haven't you found out who the other party is?"

"It's difficult in a short period of time because the other party's accounts are too scattered. If the other party is not too anxious and chooses to sell more steadily and prolong the time, we can't be sure that these retail investors come from one or several companies."

The man who was called boss touched his chin and thought for a moment, "Could it be someone from within us? The other party's current behavior obviously knows something. Besides our family and Washington, who else can it be?"

The subordinate thought for a moment and shook his head, "It's impossible on Wall Street. The most likely thing is Washington.

However, our plan was only formulated in the past month or so. Even if they knew it, it would be difficult for them to buy silver futures in the market without us discovering it. Could it be that they had invested before? "

"No matter what happens, nothing can happen to the silver futures market now. Contact several other companies and we will eat this batch of goods."

"Yes, I'll go right away."

Meanwhile, the Hunter family.

"Who is it? Who is selling silver futures in large quantities?" Old Hunter roared furiously. Unfortunately, no one in front of him could answer his question. They lowered their heads one by one.

After venting for a while, Old Hunter asked, "Is the other party still selling?"

"Yes, we have already absorbed more than half of it, using more than 100 million US dollars. Now our capital reserves are running low, and there is no news about the banks decentralizing loans."

"Damn banks, haven't you seen the current price of silver? They only loaned us $20 per ounce, these conservative misers."

After cursing the bank, Old Hunter asked again, "Where are our other partners?"

"They are raising funds, but it will be difficult to help us in the short term."

"fxxk, don't let me know who is selling, or you will be waiting to face the wrath of the Hunter family."

At this moment, his youngest son ran in and said, "Father, Wall Street has entered the market and eaten up that batch of silver futures. The emotions of retail investors and institutions have also been aroused, and the price has gone straight to $49."

"Really? Great, some guys on Wall Street finally did something sensible.

Not to mention $49, with the help of some vampires, $50 is not a dream."

Old Hunter and the entire Hunter family were dazzled by the price of silver. They did not realize that more and more silver traders were standing against them.

They have never thought that the government would allow a family to control the price of silver?

The reason why the Hunter family and his allies now own more than half of the world's silver is because of the low margins on silver contracts.

As long as the government and the stock exchange increase the margin, the Hunter family, which cannot borrow money, will go bankrupt in an instant, which will lead to a series of chain reactions.

But this has nothing to do with Luo Nianzhong. He sold out all silver in three days. Starting on the 20th, after gold exceeded US$800 per ounce, Luo Nianzhong ordered the gold selling to begin.

This time he still did not choose to act at the highest peak of $850.

Fortunately, the trend of London gold is relatively reasonable, unlike silver, which is too much higher than the value of the goods themselves.

Coupled with the impact of the war, Luo Nianzhong's selling did not cause a single ripple in the London gold market.

There was even a strange phenomenon: the selling price did not rise as fast as the selling price.

Starting from the first contract of US$800, by the time the sale reached the last contract, London gold had risen to US$831. This kind of thing really made Luo Nianzhong dumbfounded.

It seems that sometimes, the wheel of history is still very heavy and cannot be changed even if you want to.

Even with his own troublemaker, London Gold still rose to a peak of US$850 per ounce before the end of the month, just like in its previous life.

It is estimated that if silver futures had not experienced some problems that day, they might have continued to rise.

The beautiful country's government finally began to raise the butcher's knife.

The first was the Chicago Board of Trade. They felt that the margin for silver futures was too low. After discussion, they decided to increase the margin from US$1,000 to US$6,000.

That means the Hunter family and his allies will have to replenish their funds now five times as much, forcing them to borrow more.

But before they could take action, the newly-appointed chairman of the Federal Reserve decided to significantly tighten monetary policy and make loans more difficult, citing the need to curb inflation. This could be said to be a blow to the Hunter family and his allies.

Do you think this is the end of it? The most deadly one is coming.

The officials of the beautiful country began to investigate the background of the Hunter family's camel, suspecting that they were representatives promoted by the camel country and intended to control the entire silver world.

In addition, the New York Stock Exchange has also promulgated temporary regulations. From now on, the establishment of new silver futures contracts will be strictly inspected and only the liquidation of positions will be allowed.

In other words, the Hunter family and its allies can no longer buy any silver from the futures market.

Some people are selling, and they cannot buy to take over. Coupled with the production of major silver producers, it would be strange if the price of silver does not collapse quickly.

Not only silver, but also London gold fell rapidly at US$850 per ounce, which was affected by silver.

Long-selling investment institutions and retail investors cried out everywhere, and short-selling Wall Street giants began to cut leeks.

However, these have nothing to do with Luo Nianzhong. He has already made a profit and made a total profit of more than 10 billion US dollars.

This is because he did not add too much leverage for the sake of insurance and not being discovered, otherwise the benefits would be unimaginable.

But by then, I don’t know whether it will be as complete as it is now.

"It looks like we've got the right time to get out."

"Boss, I have to admire your sensitive sense of the futures market." Robert admired Luo Nianzhong's sensitivity in this incident.

"I have secretly sent people to London and Newlon to start shorting silver futures, but we entered the market too late and probably won't make much profit. The vampires on Wall Street are probably going to have a feast this time."

Luo Nianzhong didn't really care, "We're not that hungry, are we?"

The two looked at each other and smiled, then cut a piece of cake without leaving any trace, which was indeed enough to satisfy them both.

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