759 Crazy Investment, London Copper
Another week passed, and Lin Haocang's family flew to London, accompanied by James, Anthony, Li Yuanliang, Wu Yu and others.
The building, which used to belong to the Swiss Bank, has also been renamed the Sky Building, which serves as the global headquarters of Sky Capital.
Lin Haocang also spent 2 billion to build a villa in London as a home in London.
After the family spent three days in London, Lin Haocang and his family flew from England to Scotland.
Luo Xueqiong and Lin Haocang both entered the University of St. Andrews, which was founded in 1413 and is located in the ancient town of St. Andrews, on the east coast of Scotland, England, as a 600-year-old British old famous university, it has a good reputation in the United Kingdom and the world.
The University of St Andrews is ranked third in the UK university rankings, behind Oxford and Cambridge, which also speaks to its status in the eyes of the British.
The University of St Andrews is a truly aristocratic university, and many children of British royalty choose to study at this school, the most famous of which is Prince William, and his beautiful love story with Princess Kate takes place here.
For this reason, Lin Haocang specially bought a super castle in Scotland, including a large number of farms, and spent nearly 10 billion in total!
Time passed slowly, and the family also fell in love with the beautiful place of Scotland, like a paradise, Lin Haocang's parents settled in Scotland.
During this period, Lin Haocang slowly transferred $32 billion of funds from Yingda Bank to major banks in the United Kingdom.
spent $10 billion to invest in Bitcoin, and now the price of Bitcoin is only $1, which is extremely cheap, and the height of the horror of the future generations is tens of thousands of dollars, this $10 billion, slowly absorb Bitcoin in the market, tsk, the highest output of Bitcoin is also 24 million, buy it slowly, the bitcoin on the market is not enough for Lin Haocang to buy, so he asked James to get hundreds of offshore companies to be responsible for this matter, this operation is more than ten years, Lin Haocang intends to put 50% of the world The above bitcoins are controlled in their own hands, calculate how many dollars will this $10 billion become in the future?
There are also 15 billion US dollars of funds, using 100 times leverage to go long spot gold, which is responsible for the team of Cheng Hai and Qin Yuan, and the operation time is one year!
At present, gold is only 1220 ... 0 position, it will rise to 1920.0 position, 7000 points!
I don't know how much money to make!
Investing in Bitcoin, spot gold spent $27 billion, and Lin Haocang still has $5 billion of available funds left!
After spending three months in Scotland, Lin Haocang opened the chart of London copper, and there has been a big wave of market this year.
He felt the need to do two big jobs on London copper!
London is the largest copper futures market, among which the largest trading volume is the copper 3 contract, the so-called copper 3 contract, refers to the three-month copper contract, each contract is 3 months as the term, so there are new opening and delivery in the market every day, there is no spot market.
For example, if a contract bought in the market on March 1 for a lot of copper 3 will be delivered on June 1 if it has been held and has not been closed at the end of May. If he opens a buy position on March 2, then the delivery deadline is June 2.
This is due to the demand of the copper market, it is precisely because of the contract design that is somewhat different from the United States side, London 1ME can make the metal market so big, and more importantly, 1ME is not a daily settlement system, which gives institutions with a large amount of funds the possibility of manipulating the market.
In addition to the on-site market, there are also electronic disk markets and telephone hours, among which the telephone market has the largest trading volume, Lin Haocang wants to do this time is the telephone market of copper futures, which is a 24-hour market.
The underlying of the futures is electrolytic copper at the a-pole, and each contract is 25 tons of electrolytic copper, which is quoted in US dollars. The current price of copper is around US$5,800 per tonne.
"Hey, hello, is it Mr. Wallace?" Lin Haocang dialed the phone number of the agent of Huifeng Bank.
"You're Mr. Lin!" said an authentic London accent from the microphone, "Are you going to open a position in the copper market?"
Lin Haocang nodded and said, "Yes!"
····
At this moment, London, the City of the City, not far from the metal exchange in an office building, the twenty-five floors of the floor just can have a clear view of the Thames River not far away, this height is not too high in the high-rise financial city, but it is not too low, when the weather is clear, you can see the scenery of the nearby twenty or thirty miles clearly, but such weather conditions are rare.
It was a sunny Thursday, with clear skies, long whistles coming from the Thames in the distance, and cube-sized cars shuttling back and forth on the spider-like road from the upper floors, indicating that it had been another busy day.
Yokono Yamashima stood in front of the floor-to-ceiling windows, watching all this, and couldn't help but feel like he was in control. He had a typical oriental face, a slightly short stature, narrow eyes, and a pair of large, wide-rimmed gold-rimmed glasses on the bridge of his low nose.
It is such an ordinary face that can no longer be ordinary, but it controls most of the trading volume of the London copper futures market. Especially in both the market and the telephone market, even his peers respectfully call him "Mr. 9%", which means that he and his team control 9% of the global copper trading volume, and many traders even call him "Prince Nine"
Yokono Yamashima belongs to the Nonferrous Financial Trading Department of the Toei Chiba Foundation in London, and he is the head of the trading department and an adjunct trader. He was 48 years old this year, but he has been fighting in the international copper market for 23 years, and since he joined Chiba Trading Company at the age of 22, he has been trading in copper, and his annual trading volume is very large!
"Bell...... Bell ......" When Big Ben struck thirteen times in the distance, Yokono Yamashima's office door was gently knocked a few times. Then came a young face. After he walked in, he first bowed 90 degrees to Yokono, who was still standing outside the floor-to-ceiling window and looking at the scenery. Only then did he say: "Manager, the second phase of bidding has ended, and the settlement price of copper is $5,896. ”
1ME's floor trading is where floor traders outbid on the floor. There are two trading sessions in the morning, copper trading at 12:30 and 12:30 respectively, each session lasts for five minutes, and the price formed in the second trading session is generally regarded as the spot price, so it has attracted attention from all parties.
Due to the special trading system of 1ME, the trading volume in the market is not large, and the 24-hour non-stop telephone market is the main market, but because the price of the second trading session is closely related to the settlement price and spot price, investors who trade copper are very concerned about this price.
"Hmm......" Yamashima Yokono snorted noncommittally, and then said slowly, "What's the latest movement in the market?"
As the main force of bulls in the market, we must pay close attention to the daily market movements.
"Recently, the contract close to delivery has a tendency to amplify, but not much, because of the approaching delivery, both sides of the transaction have closed their positions, and now the contract close to delivery is only a few hundred thousand hands per day. ”
"In addition to this, the economic data of the first quarter of the United States is about to come out, judging from the data released in previous months, the rapid economic growth of the United States is likely to drive the housing construction rate of the United States ......"
"In addition, crude oil prices have risen rapidly during this period, and yesterday crude oil prices soared, setting a new high for Deutsche Metal Group......"
The factors mentioned by this young man are all factors that affect the price of copper very much, among which the inventory of 1ME is announced daily, reflecting the inventory situation to the market for the next day's market reference. The consumption of countries such as rice, Dongying, Germany, and buildings accounts for a large proportion of global copper production, especially the copper used in pipelines in the construction industry, so the housing operating rate in rice has also become an important factor affecting the world copper price.
As for the connection between crude oil prices and copper prices, it is precisely because they are both internationally important raw materials, and the demand between them also reflects the good or bad of the economy, so there is a positive correlation between the two to a certain extent. Due to the special regime of the copper market, the reaction of copper prices is slightly slower than that of the oil market, so the price of crude oil is also closely watched by copper investors.
"What is the reason for this? Is it the result of the final liquidation of those positions of the Deutsche Metal Group?" Yamashima Yokono's body was shocked, and then he turned around and looked at the young man standing in front of the door sharply.
"This ......" the young man thought for a moment and said with some uncertainty: "I asked the people in the crude oil trading department, and the opinion they gave was that the bears who suppressed Deutsche Metal Group withdrew from the market, causing a rebound from the bulls. ”
Yokono Yamashima walked to the wide desk, lay down on the comfortable sand chair, waved his hand and motioned for the young man to go out, and after the young man gently closed the door, he picked up the phone, dialed a number, and whispered in Japanese: "President, there has been a wave of market in the copper market recently, and I need a lot of copper." ”
Yokono Yamashima, who has been working hard in the market for a long time, has already keenly seen the market from several pieces of information from young people, so he intends to manipulate the copper market again. He had played this trick many times, and it was precisely because of the constant supply of copper from the Chiba Trading House that he was able to manipulate the market with impunity.
"Yamashima Yokono, are you sure?" An old voice came from the phone, speaking in a tone that seemed to be questioning, but in fact it was just a routine, and in the past few years, Yamashima Yokono had sold a lot of copper by inflating the price of copper contracts, so that Chiba Trading Company, as a copper exporter, made several times the profit from selling at the current price.
Toei's traders based in London usually change every three to five years, and Yokono Yamashima has been able to stay in London for decades, and has already won the trust of the top management of Toei's headquarters, which is not only a personal relationship, but more importantly, his record in the market.
"Sure!" Yamashima Yokono said in a firm tone, "I need half a million tons of electrolytic copper that meets the 1me specification, and I may need more later, depending on the situation." ”
"Good. Yokono Yamashima, I'll report to the group headquarters. After being silent on the phone for a long time, he simply agreed, and then his voice sounded again: "Yamashima Yokono, I heard that London has warned you, what is going on?"
Yamashima Yoko's ambition was tight, and then he smiled: "This is their usual trick, first to make a reverse counterparty with me in the market, and then let out the wind to say that I violated the rules, and even suffered from the exchange investigation or something, and finally suppressed the copper price, making their short positions profitable." At the end of last year, the exchange also announced that it was concerned about the size of my positions, which is an unspoken rule in the industry, and as long as I have the ability to close or close before the delivery date, they have nothing to say. ”
"Well, I'll get you done as soon as I can. Yokono Yamashima, I'll help you keep it down for the investigation, and you must pay attention to this. After a few innocuous words, the phone finally hung up.
Yamashima Yokono was relieved after confirming that there was a beep on the other end of the phone, he knew about some of the "rumors" about him in the market, and knew that some were true, for example, he once asked a brokerage company to ask them to provide proof of false transactions, but the so-called Tiangao Emperor was far away, and Dongying couldn't give up the huge profits contributed by the nonferrous financial trading department every year, so that the matter did not break out.
……
Almost on the same day, Lin Haocang, who was far away in Scotland, also talked to Anthony in London on the phone: "Anthony, how is the copper acquisition over there?" In the past month, Sky Capital quietly bought copper futures contracts expiring in March in the market, and did not close the position in the two trading days before expiration, but chose to deliver.
"I bought a total of 500,000 contracts at an average price of $5,885!" Anthony sighed on the phone. He didn't understand why Lin Haocang remembered to make physical delivery, which undoubtedly used up a lot of their funds, and at the same time, these delivered copper still occupied a lot of places.
Under Lin Haocang's arrangement, Anthony had already rented a warehouse in London that could hold hundreds of thousands of tons of copper for a one-year lease at a cost of two million pounds. Although electrolytic copper has a patina phenomenon due to oxidation, it is still easy to preserve.
"No, this degree is far from enough, you have to increase the degree of absorbing copper in the market, at least more than 4 billion US dollars of copper must be absorbed enough for us to operate in the market, understand?" Lin Haocang subconsciously shook his head, and then remembered that his action was purely redundant, and he couldn't help but be a little funny.
During this time, he had been keeping an eye on the price of copper futures, and the task of absorbing current copper was entrusted to Anthony, who was most familiar with the situation in London and was naturally the most suitable candidate.
()
The whole book