Chapter 0191 Oil Futures
After returning to the office, Di Lingjun came to the office to report the work assigned by Zhao Weidong a few days ago, because Li Yafei was not there, now Zhao Weidong came to make tea and coffee.
"Chairman, sit down, I'll make tea. Pen "Fun" Pavilion www.biquge.info"
"Okay, Sister Lingjun, I'll work hard for you." Zhao Weidong said with a smile.
Ji Lingjun took the teacup and made a cup of tea for Zhao Weidong, brought it to the coffee table in front of him, and then made a cup of coffee himself, sat on the sofa, sang a sip of coffee and said:
"Chairman, you confessed to long London Gold with the accounts of thirteen consortiums, and now all positions have been opened, with an average opening price of $185 per ounce, 5 billion per company, a total of $65 billion, and a total of 351 million lots of dispersed purchases."
"Sister Lingjun, London Gold has now opened a position, and it can be held for a period of time, and all the positions will be cleared by the end of November." Zhao Weidong confessed cautiously.
Zhao Weidong carefully recalled, he clearly remembered that in 1970, the official price of Saudi crude oil was 1.8 US dollars / barrel, in 1974 (the first oil crisis), crude oil prices exceeded 10 US dollars / barrel for the first time, in 1978 (the second oil crisis), crude oil prices exceeded 20 US dollars / barrel for the first time, in 1980, crude oil prices exceeded 30 US dollars / barrel for the first time, in early 1981, the international crude oil price reached a maximum of 39 US dollars / barrel, and then, the international oil price fell wave by wave. Since then, a 20-year period of oil price stabilization has begun.
"Okay, I'll do exactly what you tell me." Suzu-kun replied.
"Sister Lingjun, do you know that the international crude oil price has risen from $3.11 to $11.65 per barrel since the Arab member countries of the OPEC organization announced that they would withdraw the right to price crude oil and raise their benchmark crude oil price from $3.011 to $10.651 per barrel, and from January 1 to January 1, 1974, the international oil price has risen from $3.11 to $11.65 per barrel, according to your prediction, what is the current trend of oil prices?" Zhao Weidong asked.
"From the current situation, I analyze that international crude oil prices have just experienced a sharp rise, an increase of more than three times, and after the crude oil crisis, crude oil prices remain high, casting a shadow on the prospects for world economic development.
The International Monetary Fund estimates that every $5 increase in oil prices would be a decline in global economic growth by about 0.3 percentage points. The impact of high oil prices on consumers is that household energy bills have increased and they have had to cut back on other expenses.
The continuous rise in oil prices has also made the cost of enterprises rise, the profit margin has shrunk, especially in the fields of aviation, automobiles and other fields, life is more difficult, in the face of high oil prices, although the economic growth of Asia has not slowed down significantly, but the resulting inflationary pressure has been obvious, the Asian economy is lurking the danger of stagflation.
Countries around the world are generally aware of the limitations of oil, governments are trying their best to develop their own new energy technology, and strive to seize the opportunity in the innovation of new energy technology, with the continuous development of new energy technology, the demand for oil will gradually decrease until it finally withdraws from the stage of history; Therefore, in the current environment, I think it is unlikely that crude oil prices will continue to rise. He put forward his own views on the international situation.
"Sister Lingjun, I have a different view from you, and we can see from the reality of international relations in recent decades that oil resources and water resources are the main factors in wars and conflicts between countries, and in particular, the pursuit of control over oil resources has become one of the focal points of international struggle. The Gulf War, the Iraq War, the Palestinian-Israeli conflict, and the civil wars in some African countries. Over the past half-century, there have been more than 500 water-induced conflicts, more than 20 of which have turned into armed conflicts. With the increasing scarcity of oil and water resources, the restraining role of energy on economic development will be more prominent, and oil resources are non-renewable resources, the future in various forms of global energy competition will also intensify, from the current international situation, the second oil crisis is coming, I predict that in the next 2-3 years, the price of a barrel of oil will likely reach a historical peak of 38-39 US dollars. ”
Zhao Weidong then introduced the relevant history since the first oil crisis, after the outbreak of the fourth Middle East war, several major Arab oil producers announced that they would increase the price of oil in the Gulf region by 17%. The Arab world's oil war against Israel and its supporters officially began, and the first oil crisis that shook the world broke out.
The oil crisis triggered the largest global economic crisis since World War II and had a series of far-reaching effects on the world economy since then.
On June 6, 12 Arab countries, including Egypt and Syria, launched the "Ramadan War" against Israel, and the Fourth Middle East War broke out. In order to cooperate with the war and to attack Israel and its supporters, Syria first cut off an oil pipeline on the day the war broke out, and Lebanon also closed its important southern oil port, Sidon.
On 7 October, Iraq announced the nationalization of shares jointly owned by the United States two companies, Exxon and Mobile, in the Basra Oil Company, which belongs to the Iraqi Oil Company.
On October 16, Kuwait, Iraq, Saudi Arabia, Qatar, the United Arab Emirates and Iran decided to raise the market price of crude oil in the Gulf region by 17%. The panic in the international oil market marked the beginning of the first oil crisis.
On October 17, the ministerial meeting of the Organization of Arab Petroleum Exporting Countries attended by 10 countries, including Algeria, announced that it would immediately reduce oil production, and decided to reduce oil production by 5% per month based on the output of each member country in September; For oil supplies from countries such as the United States, which support Israel's aggression, it is reduced by 5% month by month. On October 18, the Emirate of Abu Dhabi in the United Arab Emirates decided to completely stop exporting oil to the United States.
Then Libya, Qatar, Saudi Arabia, Algeria, Kuwait, Bahrain and other major Arab oil producers also announced the suspension of oil exports to the United States. In just three days, the Arab oil-producing countries have taken three important steps in succession, which have caught Western countries off guard.
"Sister Lingjun, before the end of this year, the political situation in Iran, the world's second largest oil exporter, must have undergone drastic changes, triggering the second oil crisis, and the signs of war between Iran and Iran have been obvious. Zhao Weidong analyzed very confidently.
"Chairman, your analysis is also very reasonable, there are indeed signs of the outbreak of the Iran-Iraq war, if the upside is so huge, it is indeed promising." Ji Lingjun said happily.
Zhao Weidong knows that crude oil prices have always been closely related to the silver market, the reason is that silver has the function of resisting inflation, and the international crude oil price is closely related to the inflation level, therefore, the silver price and the international crude oil price has a positive interactive relationship, in 1978, crude oil soared to 30 US dollars a barrel, silver prices soared, for which Zhao Weidong specially reminded:
"Sister Lingjun, I need to remind you that whenever oil rises, spot silver generally rises; When oil falls, so does spot silver: When oil corrects, spot silver generally follows suit. Oil is the twin brother of silver, known as "black gold", oil prices and silver prices generally have a high degree of positive correlation, although the two are not necessarily related, but because they are all internationally important strategic materials, the trend of oil prices will have the same driving force for silver prices, you can also layout silver at the same time when you have the layout of crude oil. ”
"Chairman, you didn't remind me, I haven't linked these two products, you said this, I also noticed this phenomenon, it is indeed up and down, I immediately arranged the layout to do long crude oil and silver." Ji Lingjun said immediately.
Zhao Weidong knows that Di Lingjun is a rare financial investment genius, and after several years of hard work in the financial market, financial investment can advance by leaps and bounds, although it is impossible to be as clear as himself about the outcome of the development, but most of the judgments are correct, from the actual ability, she has fully reached the level of the world's top financial investment experts.
And a very important point is that the market operation ability is very strong, quietly concealed layout, unconsciously leaving the market, not causing turmoil to the market, has done a good job, so in the case of knowing the accurate direction and approximate height of the market, she can maximize the benefits.
At this point, Zhao Weidong's gap is not a little bit, after all, he has not studied this knowledge professionally in his past and present lives, all he relies on is that he knows the direction of history, the direction of the economy, and has decades of experience more than the people in this world, of course, in recent years, Zhao Weidong has also learned a lot of professional knowledge in finance and economics, and the relevant knowledge required for decision-making is completely sufficient.
"Sister Lingjun, in view of the current shortage of funds, I think you can operate in a combination of crude oil futures and silver futures, which can not only prove long-term benefits, but also ensure short-term capital needs. Zhao Weidong cautiously explained.
"Okay, I got it." Ji Lingjun replied convincingly.
…………
When he returned to the office, he came to the office to report the work that Zhao Weidong had confessed a few days ago, because Li Yafei was not there, now Zhao Weidong came to make tea and coffee.
"Chairman, sit down, I'll make tea."
"Okay, Sister Lingjun, I'll work hard for you." Zhao Weidong said with a smile.
Ji Lingjun took the teacup and made a cup of tea for Zhao Weidong, brought it to the coffee table in front of him, and then made a cup of coffee himself, sat on the sofa, sang a sip of coffee and said:
"Chairman, you confessed to long London Gold with the accounts of thirteen consortiums, and now all positions have been opened, with an average opening price of $185 per ounce, 5 billion per company, a total of $65 billion, and a total of 351 million lots of dispersed purchases."
"Sister Lingjun, London Gold has now opened a position, and it can be held for a period of time, and all the positions will be cleared by the end of November." Zhao Weidong confessed cautiously.
Zhao Weidong carefully recalled, he clearly remembered that in 1970, the official price of Saudi crude oil was 1.8 US dollars / barrel, in 1974 (the first oil crisis), crude oil prices exceeded 10 US dollars / barrel for the first time, in 1978 (the second oil crisis), crude oil prices exceeded 20 US dollars / barrel for the first time, in 1980, crude oil prices exceeded 30 US dollars / barrel for the first time, in early 1981, the international crude oil price reached a maximum of 39 US dollars / barrel, and then, the international oil price fell wave by wave. Since then, a 20-year period of oil price stabilization has begun.
"Okay, I'll do exactly what you tell me." Suzu-kun replied.
"Sister Lingjun, do you know that the international crude oil price has risen from $3.11 to $11.65 per barrel since the Arab member countries of the OPEC organization announced that they would withdraw the right to price crude oil and raise their benchmark crude oil price from $3.011 to $10.651 per barrel, and from January 1 to January 1, 1974, the international oil price has risen from $3.11 to $11.65 per barrel, according to your prediction, what is the current trend of oil prices?" Zhao Weidong asked.
"From the current situation, I analyze that international crude oil prices have just experienced a sharp rise, an increase of more than three times, and after the crude oil crisis, crude oil prices remain high, casting a shadow on the prospects for world economic development.
The International Monetary Fund estimates that every $5 increase in oil prices would be a decline in global economic growth by about 0.3 percentage points. The impact of high oil prices on consumers is that household energy bills have increased and they have had to cut back on other expenses.
The continuous rise in oil prices has also made the cost of enterprises rise, the profit margin has shrunk, especially in the fields of aviation, automobiles and other fields, life is more difficult, in the face of high oil prices, although the economic growth of Asia has not slowed down significantly, but the resulting inflationary pressure has been obvious, the Asian economy is lurking the danger of stagflation.
Countries around the world are generally aware of the limitations of oil, governments are trying their best to develop their own new energy technology, and strive to seize the opportunity in the innovation of new energy technology, with the continuous development of new energy technology, the demand for oil will gradually decrease until it finally withdraws from the stage of history; Therefore, in the current environment, I think it is unlikely that crude oil prices will continue to rise. He put forward his own views on the international situation.
"Sister Lingjun, I have a different view from you, and we can see from the reality of international relations in recent decades that oil resources and water resources are the main factors in wars and conflicts between countries, and in particular, the pursuit of control over oil resources has become one of the focal points of international struggle. The Gulf War, the Iraq War, the Palestinian-Israeli conflict, and the civil wars in some African countries. Over the past half-century, there have been more than 500 water-induced conflicts, more than 20 of which have turned into armed conflicts. With the increasing scarcity of oil and water resources, the restraining role of energy on economic development will be more prominent, and oil resources are non-renewable resources, the future in various forms of global energy competition will also intensify, from the current international situation, the second oil crisis is coming, I predict that in the next 2-3 years, the price of a barrel of oil will likely reach a historical peak of 38-39 US dollars. ”
Zhao Weidong then introduced the relevant history since the first oil crisis, after the outbreak of the fourth Middle East war, several major Arab oil producers announced that they would increase the price of oil in the Gulf region by 17%. The Arab world's oil war against Israel and its supporters officially began, and the first oil crisis that shook the world broke out.
The oil crisis triggered the largest global economic crisis since World War II and had a series of far-reaching effects on the world economy since then.
On June 6, 12 Arab countries, including Egypt and Syria, launched the "Ramadan War" against Israel, and the Fourth Middle East War broke out. In order to cooperate with the war and to attack Israel and its supporters, Syria first cut off an oil pipeline on the day the war broke out, and Lebanon also closed its important southern oil port, Sidon.
On 7 October, Iraq announced the nationalization of shares jointly owned by the United States two companies, Exxon and Mobile, in the Basra Oil Company, which belongs to the Iraqi Oil Company.
On October 16, Kuwait, Iraq, Saudi Arabia, Qatar, the United Arab Emirates and Iran decided to raise the market price of crude oil in the Gulf region by 17%. The panic in the international oil market marked the beginning of the first oil crisis.
On October 17, the ministerial meeting of the Organization of Arab Petroleum Exporting Countries attended by 10 countries, including Algeria, announced that it would immediately reduce oil production, and decided to reduce oil production by 5% per month based on the output of each member country in September; For oil supplies from countries such as the United States, which support Israel's aggression, it is reduced by 5% month by month. On October 18, the Emirate of Abu Dhabi in the United Arab Emirates decided to completely stop exporting oil to the United States.
Then Libya, Qatar, Saudi Arabia, Algeria, Kuwait, Bahrain and other major Arab oil producers also announced the suspension of oil exports to the United States. In just three days, the Arab oil-producing countries have taken three important steps in succession, which have caught Western countries off guard.
"Sister Lingjun, before the end of this year, the political situation in Iran, the world's second largest oil exporter, must have undergone drastic changes, triggering the second oil crisis, and the signs of war between Iran and Iran have been obvious. Zhao Weidong analyzed very confidently.
"Chairman, your analysis is also very reasonable, there are indeed signs of the outbreak of the Iran-Iraq war, if the upside is so huge, it is indeed promising." Ji Lingjun said happily.
Zhao Weidong knows that crude oil prices have always been closely related to the silver market, the reason is that silver has the function of resisting inflation, and the international crude oil price is closely related to the inflation level, therefore, the silver price and the international crude oil price has a positive interactive relationship, in 1978, crude oil soared to 30 US dollars a barrel, silver prices soared, for which Zhao Weidong specially reminded:
"Sister Lingjun, I need to remind you that whenever oil rises, spot silver generally rises; When oil falls, so does spot silver: When oil corrects, spot silver generally follows suit. Oil is the twin brother of silver, known as "black gold", oil prices and silver prices generally have a high degree of positive correlation, although the two are not necessarily related, but because they are all internationally important strategic materials, the trend of oil prices will have the same driving force for silver prices, you can also layout silver at the same time when you have the layout of crude oil. ”
"Chairman, you didn't remind me, I haven't linked these two products, you said this, I also noticed this phenomenon, it is indeed up and down, I immediately arranged the layout to do long crude oil and silver." Ji Lingjun said immediately.
Zhao Weidong knows that Di Lingjun is a rare financial investment genius, and after several years of hard work in the financial market, financial investment can advance by leaps and bounds, although it is impossible to be as clear as himself about the outcome of the development, but most of the judgments are correct, from the actual ability, she has fully reached the level of the world's top financial investment experts.
And a very important point is that the market operation ability is very strong, quietly concealed layout, unconsciously leaving the market, not causing turmoil to the market, has done a good job, so in the case of knowing the accurate direction and approximate height of the market, she can maximize the benefits.
At this point, Zhao Weidong's gap is not a little bit, after all, he has not studied this knowledge professionally in his past and present lives, all he relies on is that he knows the direction of history, the direction of the economy, and has decades of experience more than the people in this world, of course, in recent years, Zhao Weidong has also learned a lot of professional knowledge in finance and economics, and the relevant knowledge required for decision-making is completely sufficient.
"Sister Lingjun, in view of the current shortage of funds, I think you can operate in a combination of crude oil futures and silver futures, which can not only prove long-term benefits, but also ensure short-term capital needs. Zhao Weidong cautiously explained.
"Okay, I got it." Ji Lingjun replied convincingly.
…………
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