Chapter 658: The Soil is not the Soil

When Hu Wenhai heard the Chinese sentence suddenly popped up by the US imperialist commander, his expression was really wonderful. Pen @ fun @ pavilion wWw. biqUgE。 info

Obediently, this sentence was taught to him by James Edison, and who taught James Edison? The world feels more and more unrecognizable!

Bush's announcement on the second Saturday of December was apparently carefully prepared. Unlike the spot market, which operates 22 hours a day from Monday to Saturday, the futures market generally operates from Monday to Friday, while Brent in London is only open until 20:30 on Friday, which is exactly one day apart.

By the time Bush announced the release of oil reserves to the market, the world's three major oil futures markets had already closed, but the oil spot market still had one day to open.

This Nima is terrifying.

The U.S. strategic petroleum reserves are quite abundant, and 700 million barrels of crude oil are poured into a naturally formed underground cavern, forming a man-made oil field.

Now, with Bush's order, sell orders in the oil spot market have almost swept away oil buy orders above $35.

The United States not only did not lose money in releasing oil reserves, but on the contrary, it made a lot of money.

The Soviet Union, which made a lot of money last week, was stunned by the news that the Americans had put oil reserves into the country, and it had no ability to resist at all.

In fact, in the last week, they have already made a lot of money. According to conservative estimates, there are more than one billion dollars......

More than a billion ...... More than a billion ......

If the Maozi knew how much Mr. Hu had earned in the futures market, I am afraid that they would be wronged to the point of deformation.

Even such a small gain is already unbearable for Americans. It is better to lose hundreds of billions of dollars on the Chinese side than to allow Maozi to make another billion dollars in the spot market.

Big Brother Woolly Bear is really interesting to rabbits.

When this history can be discussed, I am afraid that the performance of Mao Xiong's mentor on the Internet will be added again.

"She was born to inspire China. Her strength is leading China. Her death was a warning to China. Her withering is the achievement of China. ”

And because of this, Bush replaced O'Guanhai as the president hated most by the American people, which can be regarded as a certainty.

As for the path of George W. Bush and Ma Bao Bush in politics, it is undoubtedly a little more difficult out of thin air.

In the spot market, the release of oil reserves by the United States is still somewhat restrained. Twenty hours a day on Saturday was "just" to knock off the price of oil by $10."

The scary is here, the spot market has not released all the bearish potential energy.

Who are the people who have short positions in their hands now? Financial institutions have withdrawn from the market, and the hot money in Europe and Japan and other countries is basically stinky in the bulls. The vast majority of those holding shorts in their hands are energy groups and state organizations with goods in their hands.

As long as Bush does not announce the news on Saturday or Sunday, these institutions can still seize the opportunity to cut their meat and flee by taking advantage of the opportunity of market adjustment.

The futures market is closed on Saturdays......

The spot market was slashed by $10 on Saturday before closing on Sunday.

This Sunday, it's a cold Sunday for a lot of financial institutions.

The market has been fermented enough in this day's time.

Large institutions and retail investors are on the same starting line at this time. It is impossible for large investors to reduce their losses a little.

On the second Monday of December, the London International Oil Futures Market, as the first oil futures market to open, performed a little miserably.

The $10 that took a day to fall in the spot market fell in the London oil futures market the moment it opened.

On December 10, 1990, the first transaction price in the London oil futures market was $25 per barrel. A Japanese investment institution sold 5 million barrels of oil at one time, and fortunately only lost half of the principal.

This investment institution is lucky, really very lucky. The trader who made this decision later became the managing director of the investment institution, because he lost only $125 million instead of 175 million......

Other, more wait-and-see financial institutions, were not so lucky.

In the history that Hu Wenhai is familiar with, when the United States released the Strategic Petroleum Reserve, the price of oil only returned to the level of more than 20 US dollars before the station.

And in this history, the scale of the bears is too terrible. Oil futures did not stay at $25 for long, and it turned out that there was not a platform under the cliff, but another cliff, as if straight into the abyss of hell.

Twenty-five dollars......

Twenty Dollars......

Just when the financial fund managers were praying to the gods and worshipping the Buddha, the price finally rebounded a little.

Twenty-one dollars, which made the fund managers breathe a sigh of relief, fortunately, everyone can afford to lose at this price.

"No, it's just a technical tweak. ”

Standing in the specially arranged trading room of the Xiangshan Hotel, Hu Wenhai said with such an oath.

Sure enough, the twenty-one dollars were just a flash.

Then the threshold of $20 was broken without hindrance, which was like turning on a flood switch, and a large number of sell orders began to pour out in the market.

Twenty dollars, this is the stop loss line of many institutions.

The stop-loss line may give you no chance of winning back, but it is still indispensable for financial speculation. Any institution that does not set a stop-loss line has long since died in the investment process. It's like a cold judgment circuit that must be executed as long as the conditions are met.

The market price fell below $20, and then there was a waterfall.

By the time the second Monday of December settles at 22 o'clock, the price of oil has fallen to $10, which will be a little more expensive for oil-rich countries such as Saudi Arabia.

However, at this price, it will be colder for the Soviet Union than the cold winter in Siberia.

The cost of oil extraction in the USSR was at least twenty dollars.

If the USSR continued to produce oil, it would lose as much as it produced.

Oil, on the other hand, is the backbone of the Soviet economy today.

For the next week, the price of oil futures fluctuated between $10 and $12, showing no signs of resurrection.

The U.S. financial industry has suffered heavy losses, but this is like a seven-wound fist, injuring 800 to oneself and 1,000 to the enemy. The 800 of the US imperialists is just a drizzle, and the 1,000 of the hairy ones will be killed.

In just three days, the price of oil plummeted from $50 to $10, and such an anomaly in the history of the world economy often means the outbreak of an economic crisis.

And just this Monday, the U.S. ambassador to the United Nations submitted a new Bill 678, requesting the United Nations to authorize the coalition forces to wage war against Iraq at any time.

The UN Security Council adopted the resolution with zero veto and zero abstentions.

The Gulf War, one month and five days ahead of schedule, fell to Yu Yan.

In Baghdad, Iraq, Saddam Hussein disappeared from his presidential residence long before the UN vote.

Protected by the most loyal army in the republic, Saddam Hussein took advantage of the darkness to reach the end of the road in a valley. A gate painted in red with the words "Military Restricted Zone, Idlers are Not Allowed to Enter" slowly opened, and the convoy drove into an underground road that winded downward.

The underground road winds its way downward, with occasional sharp corners that can be disorienting as soon as you enter. Thirty meters underground, the convoy finally came to the end of the underground road.

Protected by soldiers armed with AK-47 assault rifles, Saddam's team passed through a long passage and reached another gate.

There was a rumbling sound, and the door automatically opened to both sides, and the scene inside the door was presented to many people in the team for the first time.

It's like stepping into the future.

Many of the soldiers in Saddam's guard were even stunned.

A huge auditorium-like hall, slightly dimly lit, but charming.

The displays emit light, and every data refresh on the black and white screen seems to have an extraordinary rhythm.

If the layout of the hall is changed after 20 years, anyone who has studied American blockbusters a little can tell that this is clearly a copy of the CIC design style in the super battleship. Needless to say, this style is from Mr. Hu's handwriting.

The hall was already full of people at this time, and these high-level talents trained by the University of Baghdad, Iraq, were all worth a lot of money. Not only did they all come from the families of officers of Saddam's basic plate and three Republican Guard divisions, but they also had at least a high school degree and had spent two years of further training in China.

Iraq spent at least $30 million on training costs alone in two years for their studies and livelihood.

When they returned home, their salaries were also in the affluent category among Iraqis.

Saddam Hussein will absolutely not hesitate to support any means that can strengthen his control over the military.

Otherwise, he would not have been able to govern Iraq for more than 10 years after the defeat in the Gulf War.

"Mr. President!"

A young officer with a colonel-level epaulette on his shoulder held his head high and proudly saluted Saddam: "We have been waiting for you here for a long time. ”

Saddam Hussein returned a military salute and nodded: "I originally hoped that I would never have to appear here." ”

"No, that's the mission that history has given you. ”

The young officer insisted: "You will be here, fulfilling the heavy task of defeating the American army, and then leading the Arab nation to a great revival." ”

The young officer stretched out his hand and pointed behind him, and in the infinite science fiction hall, it was easy to feel very powerful, as if standing here could hold the entire Iraqi army in his hands.

"You will be here to experience what modern warfare is. "The young officer looked proud of his work.

Well, he probably hadn't heard a word of it.

"The Turks are not the Turks—"