Chapter 744 - More than 10 Billion Dollars in Profit (First Vote)
"The chairman, the fifth group reported that all the 10,000 lots of London gold futures held by the board of directors had been delivered, with an average price of $835.5 an ounce, and the existing funds in the account were $835.5 million. ”
"The chairman, the eighth group reported, all the 8,000 lots of London gold futures held by the board of directors were delivered, with an average price of 836.2 US dollars per ounce, and the existing funds in the account were 668.96 million US dollars. ”
"Chairman, the sixteenth group of reporting ......"
In the large conference room of the Galaxy Fund, several special line telephones kept ringing, and the employees who answered the phones kept recording data on paper, and then reported to Xia Yu, who was sitting at the top.
Although Jiuding Bank, Jiuding Securities Company, Jiuding Insurance Company and Bright Fund are all involved in the speculation of London gold, the four companies together are not as many as Galaxy Fund.
You must know that when Xia Yu left the UK last year, the Galaxy Fund turned its left hand to its right hand, and at an average price of 520 million, it leveraged $200 million to hold London gold futures worth $14 billion.
With the international gold price breaking through the $800 per ounce mark, the value of this large sum of London gold futures has already jumped to $20 billion.
With such a huge futures contract, it is too difficult to escape, and Xia Yu is not at ease at all, so he personally sits in charge.
In addition, as early as a few months ago, the Galaxy Fund began to make preparations for escape, and nearly 270,000 hands of gold futures were distributed into thousands of accounts, and 50 operation teams were responsible for dozens of accounts.
In his spare time, Liu Ji arranged for them to conduct drills, and had already taken into account all possible situations, and there were countermeasures for every possible problem.
Therefore, after Xia Yu gave the order, the Galaxy Fund was able to deliver and escape in an orderly manner.
Seeing that the team of the Galaxy Fund was running well, Xia Yu's heart relaxed.
Looking at the more and more funds that came out, the curvature of the corners of Xia Yu's mouth became larger and larger.
In addition to London gold futures, the dollar/pound foreign exchange speculated by the Bright Fund is also in liquidation, and Elena, as a liaison, told Xia Yu about the company's situation by phone.
At 11 o'clock in the evening of January 21, most of the people in Xiangjiang fell asleep, and there were only sparse figures on the streets.
However, the locations of Jiuding Bank, Jiuding Securities Company, Jiuding Insurance Co., Ltd. and Galaxy Fund are brightly lit.
In winter, Eastern Time in the United States is thirteen hours slower than Xiangjiang time.
It was nine o'clock in the morning of January 21 in the United States.
Gold futures on the New York Mercantile Exchange continued to climb to $850 an ounce.
Many companies that hold gold futures can't help but rejoice.
But some of the predators on the top floors of Wall Street are already on their way to retreat.
Although they are very hopeful that the price of gold futures will continue to rise.
But they are not stupid, they know that if it continues to rise, the United States will suffer a heavy blow, and the position of the dollar, the position of the United States in the oil field, the prestige of the United States, etc., will be hit hard.
If the U.S. economy is sluggish, in the long run, the people of the whole country will suffer, and they will be unlucky.
Ten o'clock in the morning U.S. time.
Now President Jimmy Carter has appeared on television with a serious face, announcing to the whole United States and the world that the US Government will do whatever it takes to safeguard America's position in the world and that the development of the world economy requires a good financial environment.
After Jimmy Carter's words, the number of international communications around the world skyrocketed dozens of times.
In just a few minutes, the news reached the ears of financial industry practitioners around the world.
This immediately caused panic in the market, and they understood that the US government is serious, and not just as US Treasury Secretary Miller said.
Gold futures prices on the New York Mercantile Exchange, London Gold and Silver Exchange, Zurich, Singapore, and many more, have begun to plummet.
By the end of the day, gold futures on the New York Mercantile Exchange had fallen back to the $800 an ounce mark, a rollercoaster ride that plunged more than 50 points that day.
Many people and institutions who didn't have time to escape, or who finally took over, beat their chests and heartbroken, and some gamblers couldn't accept it, and climbed directly onto the rooftop and flew to the paradise they longed for.
But the people who have made money don't care anymore and have long secretly gone home to calculate the harvest.
Among these people, Xia Yu is included.
Before U.S. President Jimmy Carter came forward to make an announcement, all of Xia Yu's company's gold futures holdings had been delivered.
After the earnings of many companies were summarized, looking at the strings of numbers on the list, Xia Yu, who was alone in the office, couldn't help laughing, and his heart was extremely happy.
Among them, the Bright Fund Company in London made a net profit of 410 million US dollars from speculating in gold futures, which was due to the late entry of the market.
In Jiuding Bank, Liu Tianci followed up on gold futures speculation with a large amount of money, and successively replenished the position as soon as there was money, so after clearing the position, the net profit was 790 million US dollars after deducting the cost.
Jiuding Insurance Company, because of limited funds, despite Jason Greg's ferocious actions, the net profit is only 290 million US dollars.
Jiuding Securities Company, Wang Qi dispersed the capital investment, and the main funds entered the stock market, but fortunately used ultra-high leverage, so the profit was 580 million US dollars.
The most is the Galaxy Fund.
At that time, at the 520 point position, the Galaxy Fund held $14 billion in London gold futures contracts, with ultra-high leverage, and the cumulative margin was only $200 million.
After the liquidation, all the accounts of the Galaxy Fund added up to 22.75 billion US dollars.
After deducting the fund quota of US$13.8 billion, the margin of US$200 million, and the fee for the use of funds, the cumulative net profit of the Galaxy Fund was US$85.7 billion.
The combined revenues of these five companies amounted to $106.4 billion.
In addition, Bao Yugang and Huo Yingdong also invested 400 million US dollars at that time, which was handed over to Xia Yu to take care of, and the income was divided into five or five accounts.
The $400 million earned a profit of $1.8 billion, and Xia Yu alone got half of it, with a net profit of $900 million.
The Bright Fund speculated in the US dollar/British pound foreign exchange and made a profit of 68 million pounds, equivalent to more than 120 million US dollars.
In terms of USD/JPY, Jiuding Securities Company and Jiuding Yonghe Fund are all speculating.
Jiuding Securities alone made $4 billion.
And Jiuding Yonghe Fund, Xia Yu deliberately controlled it, and the net profit of speculating in USD/JPY foreign exchange was 620 million US dollars, according to Wang Qi's report, Fukuhara and also learned of the profits, and admired Xia Yu very much.
Although Jiuding Yonghe Fund is a joint venture company, the profit earned is fifty-fifty, and Fukuhara and also benefited from it 310 million US dollars, but Xia Yu doesn't care, anyway, it is the wool of the island country.
The funds used are also from Sanhe Bank, just a trip to Fukuhara Kazuya, but it can deter Fukuhara Kazuya, if the future calculation can be successful, these three 100 million US dollars bait is definitely cost-effective.
Xia Yu did not withdraw the money earned by Jiuding Yonghe Fund, and ordered Wang Qi to continue to expand the company and expand the influence of Jiuding Yonghe Fund in the island country.
Xia Yu carefully calculated, got rid of the money of Jiuding Yonghe Fund, and this time the thread was buried for more than a year, so that the liquidity in his hand increased by 15.66 billion US dollars.
The $9.54 billion earned last time was spent part, and the rest was scattered in the confidential special accounts of Jiuding Securities, Jiuding Bank, Galaxy Fund and other companies.
In the past year, major companies have made a lot of money one after another.
Xia Yu made a rough calculation in his heart, and at this time, his disposable liquidity exceeded 20 billion US dollars.
Looking at such a large number, Rao couldn't help but feel a little in a trance with Xia Yu's mentality, like a dream.
Perhaps the overall strength of his Jiuding consortium is not strong, and its influence on all walks of life around the world is not strong, but in terms of liquidity, the Morgan consortium and the Rockefeller consortium may be able to mobilize more than $20 billion.
But the six major consortia of island countries will definitely not be able to come up with it for a while!
With so much money, Xia Yu's confidence is not ordinary.
From then on, the sea is wide and the fish jumps, and the sky is high for the birds to fly!
He'll start his own Hurricane Mode!
PS: Ask for a full order, thank you for enjoying the meal, thank you!
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