Chapter 385: Harvest

The settlement of the VAM agreement was very fast, and the other party's gambling goods also made Su Ming very impressed, if it was changed to himself, he lost the five billion US dollars, I don't know if he would be so calm, but in any case, the five billion US dollars were in hand, no, only 3.5 billion US dollars, in accordance with the previous agreement, Su Ming remitted 500 million and 1 billion US dollars respectively to the two bank accounts provided by Soros.

The futures and other things were gradually settled, looking at the financial statements reported by Hanks, Su Ming was depressed for a while, he really didn't make much money, basically the return on the funds for the early position was enriched, and the ones that opened the position later, after removing the commission, there was basically not much, and after removing the funds allocated to Dubai and Iraq, the amount in hand was only 3.5 billion US dollars.

In less than three months, Su Ming used all the relationships that could be used, and invested a total of more than five billion dollars before and after, and finally earned the seven billion dollars, it was really hard to make money, Su Ming looked at the numbers on the account, counted them carefully, and made sure that the digits were good before letting go.

Coupled with the funds he has invested, the funds in Su Ming's account have now exceeded the $10 billion mark, and the loan from the Union Bank of Switzerland can be written off, otherwise the monthly interest alone will make people feel distressed, especially since this is Su Ming's private money, only Su Ming knows the changes in the account, every time he deducts it, Su Ming has to sign for approval, every time he sees more than 100 million US dollars disappearing from his account, Su Ming's heart is like dripping blood.

If he keeps repaying it like this, Su Ming will have to repay nearly two billion dollars in interest in the end, and now that he has money in hand, Su Ming doesn't know whether he should pay it all back, so that he still has a little left, and if there is no expenditure in the near future, the money will be completely enough.

Because Su Ming now has the African Standard Bank, if you refinance, you can find your own bank to finance, and you don't have to give such a large amount of interest to the Union Bank of Switzerland, thinking of this, Su Ming decided to repay the money in advance, but this has to be discussed with others, because people definitely don't want you to pay it back in advance, which means a stable income in the future, which has been reflected in the financial statements.

The bank is like this, for people who don't worry about repaying the money, he doesn't want you to repay the money as much as possible, and lets you borrow money as much as possible, so after Su Ming contacted the Union Bank of Switzerland, the other party really didn't want Su Ming to repay the money, of course, they also knew that Su Ming had money in his hands, so just like Su Ming said, he could entrust this money to them to ensure that the income was not lower than the expenditure of the loan.

Someone wants to ask, why doesn't the bank simply take back the money and then manage it, if you think about it like this, you don't understand the function of the bank, usually, the bank is not the issuer, so the bank's money is not blown by the wind.

The bank's money is a large number of users' money deposited in him, and then he lends the money out, and uses the interest of the loan to pay the interest on the deposit, which is the most basic function of the bank, and on this basis, it has led to countless businesses, which on the surface seems to be convenient for customers, and in essence, each business is the source of profit for the bank.

Like Su Ming's case, the bank lent money to Su Ming, and obtained two billion dollars of interest income from it, and then Su Ming entrusted him with 10 billion yuan for financial management, no matter what he used the money for, but he had to extract a certain amount of business expenses from it, of course, they would ensure that Su Ming's income would not be less than two billion, but under one subtraction and one addition, Su Ming was equal to 10 billion dollars and only a little bit of income.

Of course, from this point of view, the bank deceived Su Ming, and it cannot be said that it was a deception, it can only be said that it induced Su Ming by mistake, but if you want to look forward, people lent Su Ming 10 billion US dollars, although Su Ming's strength is there, but it is also a favor.

All said, sometimes the partner is to be a win-win situation, so that you can gradually grow, just take care of yourself, others suffer, then who is willing to cooperate with you, without the 10 billion US dollars, Su Ming wants to set up the African Standard Bank is not so easy.

For these sets Su Ming also opened a bank, how could he not know, but after thinking about it, Su Ming still agreed to the other party's suggestion, watching 10 billion come and go like this, Su Ming felt that all this was like a dream, in the past few years, although he said that he was also working hard and repeatedly in danger, but in general, it was relatively smooth, how could he be lucky enough to take it out of Ada? Su Ming couldn't help but look at Ada.

"Now you know it's all my work, right? Don't hurry up and thank me. Ada's voice immediately sounded in Su Ming's mind, probably because his mood fluctuations were extremely intense, so this kid felt it, no, he came out immediately to show his merits.

"I recognize your credit, without you, I really wouldn't be able to get to where I am now, but so what, I did a lot of things with my own hands, and the decisions were made by me personally, in addition to those technologies, what else did you help me with? And those technologies, either materials or transformation and upgrading on the basis of the existing ones, these can only be regarded as auxiliary things, and the really useful one is the dual-energy engine, which is the popular surname energy propulsion device you said, but this is just a thruster, and the application development is my credit. Su Ming planned to provoke him to see if he was in a human-like mood, in case he impulsively came out with more things, wouldn't he have made it, but he didn't expect that Ada was far more clever than he imagined.

"Hmph, I know, this is called the Radical Method, I won't be in your favor, you don't recognize my merits, that's good, don't want me to help you again in the future, hum." After speaking, Ada hid his voice angrily, and he didn't know if he was really angry or deliberately acting for Su Ming.

Su Ming smiled and ignored it, this guy is actually unwilling to be lonely recently, and always wants to come out to breathe, but Su Ming has time to pay attention to it, so the two of them have been arguing back and forth, Su Ming is not annoyed, anyway, he has been depressed recently, so he thinks he has nothing to vent.

Although Su Ming stopped, the price of oil still rushed upward, and then waited until the US political axe decided to release five million barrels of crude oil reserves again, the price of oil began to fall, but the decline was very small, until OPEC announced the resumption of the original production, the price of Brent crude oil fell to 26 or 7 US dollars, and then fluctuated above this price, and the price of New York oil was close to the 20 US dollar mark.

At this time, Prime Minister Tie received a message, it turned out that the following really sold the batch of inventory, and when it was sold, because it was dumping, the price was a little lower than the market price, only a little more than 22 US dollars, although compared to the purchase price, it was a little more profitable, but if you want to make up for this product, you have to spend a lot more.

Because the physical delivery of New York oil futures can only be carried out in the United States, so the price of oil in New York only represents the North American market or the American market, for other countries, the price of Brent is representative, and now if you want to buy oil, you can only buy twenty-six or seven dollars. I was going to take the opportunity to make a fortune, but now I have to lose a lot, these people can't help but want to cry without tears, and they naturally hate Su Ming in their hearts.

But as soon as I heard about this hand, I was immediately frightened and shrunk back, although these tens of millions of tons of oil are nothing, the country's annual consumption is hundreds of millions of tons, most of which are carried out through PetroChina, but that is a perennial flow business, to say that tens of millions of tons of hoarding, PetroChina really does not have this ability, some people put tens of millions of tons there, PetroChina wants to bargain with the above has no confidence, there is still dare to be angry with Su Ming.

The oil market is a long-term market, supply and demand are basically balanced, not to mention tens of millions of tons, that is, hundreds of thousands of tons more at once, can cause a surplus in the entire market, not to mention China, is a market as big as the United States, throwing out millions of barrels, but only a few hundred thousand tons, the international oil price will fall, the market is like this.

No matter how PetroChina swallowed this loss with blood and tears, the strategic oil reserve that Su Ming was going to build has slowly begun, especially Su Ming turned part of the cost into oil from the Angolan side and pulled it back, and the cost was not even twenty US dollars, for large oil tankers, this extra distance is not much more, so Su Ming temporarily bought oil from the Angolan side, and at the same time discussed the long-term supply of oil with Iraq and Libya.

In fact, it is very easy for Su Ming to let the other party pay for the goods with oil, there are many countries in the Middle East that buy thunder and thunder, and they are eager to let them pay for it with oil, but the place where the reserve is not ready now, and Su Ming does not plan to collect it on a large scale.

After this incident ended, Su Ming purchased part of the 1.7 billion US dollars into daily necessities, of course, in the domestic procurement, through the channel of Su trade, the transportation was Su Airlines, and then began to distribute on a large scale, so that the Namibian people could enjoy the benefits brought to them by Su Shi, and some of them were exchanged for non-yuan and then sent to them, so that non-yuan could speed up the pace of circulation, although the average was only a little more than 1,000 US dollars per person, but it still played a great role in improving the lives of these people. At the same time, it has played a very positive role in Su's presence in Namibia.

At the same time that Su Ming is busy, the construction of Dream City has not stopped, the construction funds Su Ming has already made an allocation in advance, most of the project of the desalination plant has passed, part of the facilities can be put into use, and fresh water has been produced, and the power plant project has also begun to test power generation, that is, the oil refinery has also begun to enter the production stage, only the construction of the airport is still a long time away from completion, but Su Ming is not in a hurry, everything is slow, and it is time to do it.

(To be continued)