Chapter 696: Pattern (I)
Chapter 696 Pattern (I)
"Why don't I talk to him?" Old Morgan pondered for a long time before he spoke.
"Forget it." Old Rockefeller shook his head.
"For what?" Morgan Sr. was a little surprised.
"I don't know your temper? Let you talk about it, it's 100% bad, I have a suggestion do you want to listen to? Old Rockefeller thought for a moment and said.
"What advice?" Old Morgan immediately asked, he is also difficult to ride a tiger now, although it is impossible to admit defeat to Yang Yiwei after thinking about the seven major consortia, but now the pressure is getting bigger and bigger, although the old Morgan has not communicated with the people of the other seven consortia, but it is necessary to take precautions, although in the previous meeting, although the people of the seven consortia said that they were full of backbone, but the old Morgan knows these people too well, or rather, he himself is such a person, in the face of absolute interests, the so-called backbone is fake.
The whole Wall Street is almost like this, so the old Morgan has no pressure, and his family knows his own affairs. "My suggestion is, you close the position, the sooner the better, don't ask what is going on, I'm just telling you, you know how much you think the oil price will fall, do you know what he said?" The old Rockefeller thought about it, and felt that it was better to help the old Morgan and them, this matter had too much impact, if it continued, if it was really the loss of the seven major consortiums, the loss of the Rockefeller family was not a small number, it was like a chain reaction.
"He said the price of oil would fall to $80 a barrel." Old Rockefeller didn't wait for old Morgan to speak.
"$80?! You're not digging a hole for me, are you? Old Morgan exclaimed in disbelief, what are you kidding, the price of crude oil is now only likely to get higher and higher, and it is impossible to fall, that is to say, even if there is such a strong capital pull, if you want to fall, it will fall by 3 to 5 dollars at most on the previous crude oil price of 107 US dollars per barrel. Further down is almost unlikely.
$80? In other words, it can still fall by more than 20 dollars now? If what the old Rockefeller said was true, the old Morgan immediately calculated their losses in his heart, which would definitely exceed 4 trillion! 4 trillion, this number is absolutely nerve-wracking even if it is the seven major consortia, the U.S. economy has just eased up after the economic crisis, although it is said that the influence on the seven consortia is not very large, because the most consuming result of the previous subprime mortgage crisis is that the rich are too rich, and ordinary people have no money in their hands.
"I'm hanging." Old Rockefeller didn't bother to talk nonsense with him, so he hung up the phone directly. Hanging up the phone, old Morgan was not angry. Instead, he thought about it and said that it would be stupid if old Morgan didn't know what it meant.
$80, that is, no matter what price they are. As long as they are not idiots to wait until they are forced to close their positions, as long as they take the initiative to close their positions. Well, even now the losses are close to a trillion dollars. But when the original crude oil price falls per barrel, the price of crude oil will definitely not fall too hard, even if they enter the market for $100, and then when they fall to $80, they can make enough profits, and even earn back the current losses.
That's obviously what the old Rockefeller meant. It's just that people can't say it more bluntly, everyone just knows what Lu Tao means. But after hanging up the phone, old Morgan smiled bitterly again, knowing the way to know the way. But just with the words of the old Rockefeller, let the seven major consortia give up hundreds of billions of dollars? Are you kidding?
However, the elder Morgan also knew that now was not the time to give up, but it was estimated that these consortia would not last long. The old Rockefeller did not leave Madagascar, and now the world's leading figures can be said to be paying attention to this matter, but Yang Yiwei is not in a hurry, it is only a matter of time before he falls below $110, although the United States' actions in Syria are going well, but now it seems that this is no longer the point.
On the 20th day of the U.S. start, the price of crude oil officially fell to $109, which is infinitely close to the original floor price of crude oil, but now the trading volume has dropped a lot, and the daily trading volume is very small, which means that not only the two sides, but even retail investors have begun to wait and see. Yang Yiwei's funds are not sufficient, now the Star Fall Group has a total of 80 million hands of crude oil, and some of the funds are consumed on the consumption of the two sides, and now the funds in the hands of the Star Fall Group are about 20 billion US dollars, and the other party has invested more funds.
New York, inside a villa that looks unusually ordinary, but at the moment, the entire radius around the villa has been controlled by all kinds of bodyguards, and the people sitting in this villa are united, even the US government has to retreat. Old Morgan looked at the people of several other major consortia, and asked lightly: Do you still have any opinions now?
The faces of several other consortium people are extremely ugly, before the old Morgan contacted the old Rockefeller, and the old Morgan relayed the old Rockefeller's words to these people, but there are not many people who take it seriously, or there are, but when it comes to this, they surrender directly before the matter is clear, these people can't pull down that face, so they have to hold on. And now, even if they want to hold on, some of the shareholders below are not willing.
After all, the funds lost by the consortium as a whole are their funds, "If there is no opinion, I think we can close the position and then prepare the funds." Old Morgan shrugged his shoulders and said, although the old Morgan looks easy now, but he is not easy at all now, the basic share of the seven major consortia is about the same now, and the profit of the Star Fall Group, although the old Morgan is an opponent, but it is also roughly calculated, the Star Fall Group just bought 70 million lots of crude oil at the price of 127 yuan per barrel, and the current profit is 1.26 trillion yuan.
And the rest because of the later price fall, etc., the profit may not be so much, but it is estimated that there is also a profit of about 100 billion US dollars, and now the profit of the Star Fall Group is about 1.4 trillion US dollars, and the average loss of 7 consortiums is only less than 200 billion US dollars, because the 1.4 trillion yuan is not all the seven major consortiums in the United States, the European consortium, and some other countries in the world, the rich, the loss of these people is about 300 billion US dollars, that is to say, Each of the seven major U.S. consortia lost less than $200 billion, probably less than $160 billion.
The loss of this money is perfectly acceptable to them, and if the old Rockefeller's news is accurate, then they can invest the money next and earn it back. "Then let's vote now, if you agree to close the position, raise your hand, if you don't agree to close the position, then I'm sorry, I've decided to close the position here." Morgan Sr. directly stated his decision, but it didn't make any sense at all.
Because now the people of the seven major consortia know that they are now advancing and retreating together, and then they can barely compete with the Starfall Group, if this group is directly disbanded, not to mention a few, even if there is a direct liquidation, the rest of them will have a chain reaction, so this matter sees that the old Morgan has already expressed his position, and the rest of the people can only raise their hands even if they are unwilling in their hearts.
In fact, there is no unwillingness, no one sitting here is a fool, and now their losses are acceptable, but if they continue, for every dollar they fall, the money they lose is calculated according to billions, which is unbearable, at least these consortia are not under their control, they must give an explanation to the small and medium-sized shareholders below. After having decided, these people were also very simple, and almost within a few hours, all the long positions in their hands were directly closed.
As the seven major consortia directly began to close their positions, almost all of the remaining long orders followed suit, and in less than 5 hours, Starfall Group received a total of 1.48 trillion US dollars. Counting the capital of the Starfall Group, the cash in the hands of the Starfall Group officially announced that it exceeded 1.7 trillion US dollars, equivalent to a total of about 10.5 trillion RMB.
10 trillion RMB, this figure is equivalent to China's total fiscal revenue for a year, and all this is just the money earned back in just one month in the futures market. When this result came out, the international crude oil price fell at an almost terrifying rate, and soon fell from $109 to $102 per barrel, and then stabilized.
When there is no result, it is difficult for the media to get the news, and when there is a result, the next day several major media in the United States directly reported the news, and even directly listed the profits of the Star Fall Group, and in less than 1 hour, the news directly caused a sensation in the world. What does $1.5 trillion in earnings mean? This means that the total market value of Xingshen Group has exceeded 2 trillion! Only nine countries have a GDP of more than $2 trillion, while Russia, which ranks ninth, has only $2.1 trillion.
And the Star Fall Group directly beat Italy, ranking 10th in the world, this is a company! It's not a country, it's already crazy on the Internet, this can't be described as a rich person, right? In the words of domestic netizens, what Saudi prince is considered a rich man? Is the Saudi royal family a tyrant? Compared to Yang Yiwei, Nima is not a level at all, right?
$1 trillion! This is an average distribution of 1.4 billion Chinese, and everyone can get 1071 US dollars! Equivalent to nearly 7,000 RMB! To be honest, Yang Yiwei actually didn't expect the people of the 7 major consortiums to surrender directly so quickly, and it can be seen from this that these people are also very shrewd, at least they will not drag themselves into a situation from which they will never recover.
"I think we can postpone the announcement." Yang Yiwei thought about it and said to Stefan beside him. Stefan nodded in agreement. (To be continued......)