53 What kind of bird?
[bookid=3032268,bookname=Amphibious Special Forces]
Qiao Zhi threw all those technical and management troubles to the two uncles, and did some ready-made things himself.
For example, pick up some questions of interest, dig through the roots, ask questions, or something.
In this regard, he is definitely the eldest brother and the second brother of Mai Ke.
Now, his interest is focused on that unlucky copper brother.
People don't know much about these two brothers, but Nudu knows very much, who makes these two behavior patterns very classic?
An illustration of a huge failure, of course.
These two brothers, one is from Dongying, and the other is American!
Their father was an American, and because he had been dealing in copper products for a long time, he took copper as his surname.
This copper man is an industrialist, and he has a solid production and operation of copper, a metal that includes everything from smelting to the finest products.
Since the futures market has been established, this copper old man has participated in it, but he has used some of the most basic functions of the futures market, and the most commonly used is the hedging function.
This is also very simple to use, that is, it is planned to smelt 100 tons of high-quality copper, and the current price is a level of how much profit can be made, this price, minus various expenses, is the money he can make.
At this time, he sold a hundred tons, he actually had no spot in his hand, and only the copper smelted in the future could give him the ability to deliver.
In fact, this is the most essential role of futures, which is to provide a leverage for producers, so that they can produce with peace of mind at a certain profit level.
At this time, if he wants to sell a contract for a hundred tons, someone must buy it.
Only if the buyer feels that the price is acceptable, the futures transaction can be successful.
The person who bought it was also a user of copper, and he needed exactly that copper, and at that price, he could also ensure that his product was profitable.
In this way, like the seller, he also added a layer of insurance to his own business, and also used this leverage to obtain a guarantee for his business goals.
By now, everything is normal, and the seller and the seller can shake hands and say goodbye, and everyone is happy.
In fact, if it were so ideal and simple, there would be no need for the futures market, and the two of them would sit down together, drink coffee, and make a contract at the same time, and everything would be fine.
At this time, those who are opportunistic come in.
They said, "You are so stupid, wouldn't it be a pity if you don't make good use of such good conditions?"
With so many conditions that can be written, if you don't stir up a little wind and rain, where does it show our ability?
More importantly, how do we get a piece of the pie?
Thus the middleman appeared, and the profession of broker added a new army of incomparably vigorous and more specialized.
They are not the traditional one-handed two-handed, but both buyers and sellers.
That is, they buy things from sellers and hoard them in their own hands, although they are not producers, but they sell them to users and pass on the hoarded products to them at a higher price.
The scale of this kind of operation depends on their courage and financial resources.
Among them, sometimes one of the two can make a big noise.
The actions of Brother Copper are proof of this.
The copper brother among the copper brothers, there is a name of the Dongying people, Hamanaka Tainan, but basically everyone calls him Mr. Tong, I don't know if it's family origin, or his profession.
His younger brother, the American, was simply called the coppersmith, although many called him by his name, regardless of its meaning, Smith Capper.
According to the expectations of Uncle Tong, the brothers and sons are to inherit the family business, honestly engage in industry, and steadily improve the copper industry, and make it bigger and bigger, at least to keep up with the development of the times, and not to be crushed by competitors.
The two brothers are also talented and smart, and they quickly became proficient in the business of their family business.
It's no wonder that what has been passed down from generation to generation is far less than the content of a textbook, so how can it stump the brothers and sons who have received higher education?
So, they started researching related fields.
In fact, in a certain sense, it is also the content of the family business, that is, where the copper they smelt is sold.
After this trace, they found that all the copper was sold to one place, which was the metal exchange.
To study this sole buyer, of course, there is a price involved.
Looking at the price, the brothers immediately saw the problem.
In general, the selling price of the family is okay, which can ensure that the family's production is maintained in a relatively balanced profit.
But when they compared the selling price in the futures market, they suddenly found it difficult to accept.
Their profit margin is twice that of their family, the real producer!
As for the efforts put in, the family production starts from the purchase of raw materials, to the production process, to the efforts of various business activities, which is very expensive and risky, and the broker is only a light hand.
They immediately felt an extreme psychological imbalance!
As a result, the brothers made a big decision to participate in speculation in copper futures.
The brothers then delved into the futures market and how to evade the restrictions of the relevant supervisory authorities.
The eldest Hamanaka Tai Nan, immigrated to Dongying for this purpose, and his immigration and name change were for this purpose, and it turned out that his name was Jimmy Capper.
According to the law of the past, in the futures market, the selling price is always higher than the buying price, although the degree of high is different from year to year.
Therefore, the strategy of the two is to buy one-sidedly!
Absolutely not for sale!
Hold it firmly in your hands and wait until the final delivery before selling.
If everything is normal, these two brothers can still make money, at least not at a loss.
There was also a chance to get rid of it in the middle, and they could make considerable profits, but they didn't meet the expectations of the two brothers, so the two were indifferent.
By the end of the month, a sudden recession erupted.
All metal markets, prices have fallen sharply!
For a week, every day is a drop limit!
On the third day, it is necessary to close the position to reduce losses.
Because all the assets of his family, including various working funds and fixed assets, were all filled in, they were still far from meeting the requirements for additional amounts.
On the fourth day, all the contracts that could be sold were closed and sold, leaving a gap of 15 billion!
In the end, there are still 20,000 tons of copper left in the contract, no matter how low the price is, but no one buys it.
In the end, all the family business was auctioned off to pay off the debts, leaving only an old house and a large number of copper ingots, all of which were contracts smashed in his hands at the end, and according to the terms of the contract, the copper belonged to him.
On the day Uncle Tong auctioned off his ancestral business, he was angry on the spot!
The boss took on most of the responsibility and was sentenced to 10 years in prison by the Toei court.
Because they were eventually convicted of the crime of holding a warehouse.
He even mastered 8% of all the world's tradable copper.
Coppersmiths in the United States spent a lot of money and hired the best lawyers to get out of prison.
And the kind of bird that is only ready to be caught now is the biological son of this copper brother and copper brother.
[bookid=3032268,bookname=Amphibious Special Forces]