Chapter 754: Copper Price Crisis

According to statistics, 96 percent of Americans get drunk or witness others getting drunk at an after-work party. Pen, fun, pavilion www. biquge。 info

Han Xuan can use his high IQ to avoid blaming himself for having a hangover.

Because studies have shown that there is a certain relationship between IQ and drinking, the more intelligent people are, the more they like to drink.

Naturally, his IQ has nothing to say, so he often likes to drink some alcohol to relieve the fatigue caused by the constant operation of the brain.

Being poured down with about 700 ml of beer last night was really unexpected by Han Xuan, and this time he was so drunk that he almost forgot how he got home.

At the moment, I was sitting on the bed, looking out the window at the bright sunshine in a daze.

Recall the details of what happened.

All he remembered was that Owen and Alexander kept fighting and then broke up.

Vaguely I seem to remember that I forgot something important, but I just can't remember it.

Alcohol deeply paralyzes the central nervous system, and no matter how smart it is, it is useless......

"You were picked up by Gabriel last night, and it scared me and your mom to death.

Don't drink indiscriminately in the future, it's easy to hurt your brain and become stupid.

I was smart when I was younger, but now my memory is declining, probably because I drank too much alcohol during my time in the fraternity. ”

Han Qianshan stood at the door with a smile on his face.

The first time I saw my son drunk and sleeping like a dead pig, he was actually quite happy.

As for intimate things like taking ugly photos of his son's drunkenness, will you tell Han Xuan specifically?

Of course not.

"Who knew that the beer brewed by Old Patton would have such a high alcohol content and a headache. ”

Han Xuan smelled the smell on his body, it was still the clothes from yesterday, and he shouldn't have vomited.

I got drunk once last year at Brown University and drank different drinks, but the feeling after a hangover was the same.

Dry throat, upset stomach, headache, fragments......

Han's father pointed to the sour plum soup that had been placed at the bedside a long time ago, motioned for his son to drink it, and said with a smile: "The wine he brews is made directly from barley, and I don't dare to drink more."

Now, except for Germany, which stipulates that pure malt must be used for brewing beer, since the industrial mass production of beer in other countries, for various reasons, producers have begun to use malt substitutes, such as rice, starch, oats, etc.

These producers are powerful enough to make them change the definition of beer, when in fact it is no longer authentic.

Old Patton is made exactly according to the German winemaking method, and if you don't want to get drunk, you have to drink it slowly like red wine.

In fact, its alcohol content is greater than that of red wine, and he himself does not know how many degrees. ”

“…… Owen and Alexander, who drank so much last night, aren't they finished?"

Han Xuan remembered the picture of their cups of dryness, and mourned for them in his heart.

This is drinking beer, which is equivalent to blowing red wine, a glass and a bottle!

"Hmm...... Sent to the hospital for infusion.

This time Barton brewed more beer than before, and the two guys almost had stomach bleeding.

Kelly is taking care of them in the hospital, don't worry, the doctor said that they will be fine after a few days of rest. ”

Han Qianshan threw the thick stack of paper he was holding in his hand and said, "Secretary Dawson asked me to hand it over to you."

He said that there was something wrong with the fax machine in the hotel, the printed words were not very clear, and there was an electronic version in your WOW mailbox. ”

"Give it to me?"

Han Xuan took it and looked down at the cover of the document, which read "Changes in Global Copper Prices from 1980 to 1995", and there was a document with a completely blank surface.

His hand shook suddenly, and he remembered what he had forgotten!

Although he was rebellious in his previous life, he didn't listen to his parents to study finance.

But the former father, as one of the 67,500 billionaires in China, and is about to become one of the 8,300 billionaires, learning management is the process that Han Xuan, the only child, must go through.

The fall in copper prices in the nineties was an example that the economics professor focused on introducing to him.

Because of this drop in copper prices, it was a heavy blow to the Sumitomo Foundation, one of Japan's six largest conglomerates with a total market value of more than $140 billion!

As early as the 16th century, the Sumitomo family founded and operated a copper mine on the island of Shikoku, which grew to become the official copper supplier in Japan.

At the beginning of 1987, when the London Metal Exchange, the price of copper futures hovered at $1,300.

Sumitomo Hamanaka, a trader, has gradually established a large number of copper forward contracts in the futures market.

By mid-1988, the price of copper in London had skyrocketed to $2,500, and Mr. Hamanaka had made huge profits from the futures market.

In recent years, the price of copper in March futures in London has soared from around US$1,650 a tonne at the end of 1993 to a high of US$3,075 a tonne at the beginning of 1995.

Now, the Quantum Fund, the Robinson Tiger Fund, Canadian metal trader Herbert-Black, the American fund Dean-Twitter, and some large European metal traders have set their sights on this big fat meat with more than a million tons of copper futures......

Others say that they read the document, but they are actually reading it silently, but Han Xuan is really turning the pages one by one.

Soon he threw the copy with the copper price on his bedside and turned to look at George Soros's recent movements.

It took less than five minutes to open the two documents and close my eyes and think about the contents.

Han Qianshan saw that his son seemed to have something to do, so he dropped the sentence "Go wash up and go downstairs for breakfast", so he closed the door and left lightly.

After experiencing the collapse of copper prices in the late 80s and early 90s, copper prices have skyrocketed again since 1993.

This year is somewhat abnormal, on January 20, the international copper price was as high as $3,075 per ton, in just over two months, the copper price fell from $3,075 all the way to $2,859 at the close of yesterday.

According to the recent whereabouts of Soros, which he bought from McKinsey & Company, he went to Paris a total of six times during this period, and he was banned from the United Kingdom, so it is normal for him not to go to London.

Every time capital tycoon Soros leaves the United States, the copper market on the London Metal Exchange will be a little volatile in the following days.

It's like there are two invisible hands, tugging left and right.

Looking at what happened now, it is a complete mystery, and even the executive officer Anthony, who went to collect information, didn't know what the boss was thinking.

But Han Xuan, who knows history, knows that it is Japan's Sumitomo Foundation that is pushing up copper prices, and venture capital institutions led by Quantum Fund are trying to pull copper prices down in order to make a profit.

The tragedy that just happened in Mexico was about to be repeated again, Han Xuan laughed extraordinarily, and he smelled the money again.

Every time the price of copper falls, it means that the Japanese Sumitomo Foundation will lose a large amount of money, and the venture capital institutions that short the price of copper will make a profit.

Now the price of copper is clearly inflated, and a decline is inevitable.

If it can be done properly, this is a more lucrative time than Mexico's.

In the previous life, the Sumitomo Consortium evaporated a total of $4 billion for this, and Han Xuan pondered that with his "help" this time, they might lose more.

It's really nice to wake up in the morning and encounter this kind of thing.

I picked up my phone and wanted to call Anthony, but after thinking about it, I put it down, and now is not the best time.

The Japanese Sumitomo family is stronger than those limelight institutions combined, and this tug-of-war will not end in a year or two.

Han Xuan walked into the bathroom, stretched his waist and muttered, "It seems that I am going to operate it myself for a short time."

Pout your ass and wait for me, Sumitomo Foundation ......" (To be continued.) )