Chapter 349: Being fooled by Ji Sheng (begging for subscription, asking for a monthly pass)

Citibank Meeting Room.

Ji Cheng sat casually on the sofa, smoking the best Cuban cigar, and there was a glass of white wine in front of him, and the label of the wine bottle next to him was impressively written with dripping gold.

Tom and Derek, two super bodyguards, stood right behind him.

John, Barkley, and Agnan looked at him with wry smiles.

Ji Chengcheng shook the wine glass lightly and took a sip, "Well, this wine is sweet and mellow, and it deserves to be called liquid gold."

John was not in a good mood, and now Ji Cheng was "blackmailing" the white wine he had treasured for many years, and his whole heart was dripping blood, he took a deep breath, resisted the urge to hit Ji Cheng, and squeezed out a smile as much as possible and asked, "Ji, you called a few of us over so early?"

Barkley and Agnan also looked embarrassed.

Not to mention the top of their group, even John. Li De, John. Borg and Lynn. The three chairmen of Elson Hans were all in a very bad mood at the moment, and even these three were called over and scolded by the consortium behind them, so they did not appear here.

Ji Cheng put down his wine glass and picked up his cigar, "Oh, I'm talking about soybean futures."

Why don't you open a pot!

Now talk about your sister's soybean futures!

John, Barkley, and Agnan all want to scold their mothers.

"What happened to soybean futures?" Barkley asked, pretending to be dumbfounded.

Ji Cheng deliberately pretended not to know what the situation was, and said in a normal tone: "No, didn't the four of us say that we would join forces to make a lot of money, I didn't see the right time before, and I didn't notify you to operate, but I saw that it was almost the same in the past two days, so I specially called you here and told you that when the market opens on Monday, we can buy a large number of soybean futures."

Buy in you paralyzed!

Why did you come here to give us eye medicine on purpose?

John's teeth itched with hatred, and he forced himself to ask with disgust, "Didn't you say you were short before? Why do you want to buy it again?"

Barkley was also holding back the fire in his heart.

Although Aignan has the best relationship with Ji Cheng in private, he failed to short soybean futures before, resulting in a lot of losses for their company, and as one of the shareholders, he is also a little angry when he looks at Ji Cheng at the moment.

Ji Cheng took a puff of his cigar unhurriedly, tasted it in his mouth for a while, and slowly exhaled the cigarette, "I was originally going to go short, but I didn't look at the form quite right, so I didn't inform you to buy short contracts, you shouldn't buy short contracts privately behind my back, right?" That's not kind."

All three of them choked!

Before, they told Ji Cheng to wait for the order, and once they got Ji Cheng's news, they would immediately spend money to buy the contract, but didn't they have a little conflict with Ji Cheng before and almost fell out, they even thought that since they had already got useful information, why did they take Ji Cheng to play? Therefore, the three companies secretly scraped together a total of more than 8 billion US dollars to smash into it, and it will become like this.

In other words, if they listened to Ji Cheng at the beginning, no matter whether they had a falling out or not, as long as they didn't secretly want to get rid of Ji Cheng and buy it privately, they wouldn't lose so much money.

But they did!

In other words, they have fallen to this point, and they are completely self-inflicted!

More importantly, they can't admit to buying contracts privately, otherwise it will be rumored that the three major groups will be treacherous, and customers will run.

"Ahem, how is that possible!" John Justice Ling Ran said, "Do you think our Citibank is like that kind of untrustworthy group?"

Barkley also pinched his nose and said, "That is, the most important thing for us in the Vanguard Group is integrity."

Aignan was also disgusted, but he still tried to deny it in his mouth, "Hehe, Ji, what are you talking about? The idea is what you came up with, and it's a trade secret, and we can't do that if you don't take the initiative to notify you of the purchase contract." As he spoke, he turned his head sideways at the other two, "Did you say that?"

"Yes, yes, yes."

"We can't do this."

John and Barkley twitched the corners of their mouths and forced a smile.

Tom and Derek, as Ji Cheng's personal bodyguards, had known the situation for a long time, and when they heard the three of them say this at this moment, they were secretly amused in their hearts.

Ji Cheng was also amused by these people who knocked out their teeth and swallowed inside, but he seemed to believe it on the surface, "Well, I believe in the integrity of your three groups, otherwise it will become Bichi, do you think what I said is right?"

You're the best in the pool!

Your whole family is Bichi!

John, Barkley, and Agnan were furious when they heard this, but they couldn't have an attack with Ji Cheng, otherwise wouldn't it be tantamount to admitting that the three of them had no integrity? They don't want to mention the fire.

Ji Cheng deliberately stimulated a few people, seeing their expressions as if they had eaten Xiang, he couldn't help but feel refreshed for a while, and then he began to get down to business, saying: "I felt that the price of soybean futures rose so high that it was not right, and the major futures exchanges would definitely take action on it, but I didn't expect it to be investigated, and then the price of soybean futures plummeted into the over-falling stage."

John frowned and said, "So you want to take the opportunity to buy at the bottom?"

"Yes!" Ji Cheng put down his cigar, "Generally speaking, it tends to bottom out after an overfall, if we can seize the opportunity, I believe we can make a lot of money."

Barkley really wanted to scare Ji Cheng, but when he thought of John. What Borg said before, he could only hold back his unhappiness and said in a good voice: "Ji, I'm not questioning your level in futures, it's just that now soybean futures are interfered with by the futures policies of various countries, and they are still in the falling stage, do you really think you can buy the bottom now?"

Ji Cheng asked rhetorically, "Why not?"

Barkley laughed and said, "Didn't I just say that the futures policies of various countries are interfering, and the current soybean price is still falling, and it is not the time to buy the bottom."

John and Egnan nodded in agreement with Barkley's point.

Ji Cheng asked rhetorically again, "Then when do you think you will buy at the bottom?" Wait until the price rebounds?"

This time Barkley was choked.

Not only Barkley, but John and Egnan were also speechless.

If you wait for the price to start rebounding and then buy a long contract, you may be able to make some money, but you will certainly not be able to maximize your benefits.

"I still think it's a little wrong." Barkley shook his head.

John and Egnan also think so, they have suffered a big loss in shorting soybean futures this time, and they are all cautious at this time.

Ji Cheng didn't say anything, just clapped his hands and made a snapping sound.

Tom, standing behind him, took out a form from his briefcase.

Ji Cheng stretched out his hand and took it, then threw it directly on the coffee table, "You take a look at the form."

"What?"

"I'll see."

John, Barkley, and Egnan leaned over to take a closer look.

Ji Cheng took this opportunity to say: "This is a soybean price list from 1969 to 1988.

Everyone took a closer look, and it was really a soybean price list over the years.

"In the past 20 years, the two years with the highest and lowest price fluctuations in soybean prices were 55.44 percent in 1976 and negative 35.76 percent in 1975 respectively, but in essence, soybean prices have been increasing year by year," Ji said.

"That's what I said, but ......," Barkley wanted to say.

Ji Cheng directly interrupted: "And since 1975, the price of soybeans has never been lower than the cost of planting!"

Yes?

Has the price of soybeans never been lower than the cost of planting?

Everyone really didn't pay attention to this, and when they heard Ji Cheng say this, they found that there was a line of data below, which was the fluctuation center of soybean planting costs corresponding to soybean prices.

John said with a look of emotion: "According to what you say, it seems that soybean futures are worth buying long contracts."

Ji Cheng nodded slightly: "The cost of soybean planting this year is 600 cents per bushel, and now the price of soybeans has fallen below 600 cents, you should know what it means, right?"

"It's hard for us to take such a big risk to buy long contracts from this point of view alone." Barkley was still very sensible.

This time, Ji Cheng didn't explain, he just said in a hurry, "It's your business whether to buy a long contract or not, I have already informed you, anyway, I will fly to Xiangjiang and HSBC to sign a long contract worth a billion dollars to buy soybeans."

"Ji, are you really here?" John saw his seriousness.

Agnan was also moved, and said, "Are you really going to gamble on a billion dollars to buy a long contract?"

Ji Cheng stood up and said confidently, "It may be a big gamble for you, but for me this is an opportunity to make a lot of money!"

After saying that, he took the people and left.

John, Egnam, and Barkley, who remained in the reception room, were silent.

"You say, 'Can you believe him?'" John couldn't help but ask.

Barkley frowned and said, "I have some inside information, and to be honest, he can't be trusted."

"Oh?" Agnan wondered, "What inside information?"

John pricked up his ears and listened.

"The three of us lost billions of dollars on soybean futures this time, and the long-term Fuzz company was also blown up, and the loss was said to be as high as $10 billion." Barkley explained the situation first, and then said: "The trading market is a zero-sum game market, which means that if you lose a dollar in this market, then someone makes a dollar in this market, and our three companies and the Rockefeller family have not made money in both long and short positions, so who has made this money from the loss of our four companies?"

yes, everyone didn't make money, where did that huge amount of money go?

Can't you just go out for no reason?

Answer: There is only one, someone must have made their money!

John's eyes narrowed, "You mean Ji actually made money?"

Egnan looked incredulous.

They mobilized so much power, and they kept staring at Ji Cheng, and they didn't notice any movement at all a while ago, how could they make money quietly?

"It's hard to say whether it's specific or not, but the news I got is that Hong Kong Standard Chartered Bank used various channels to open a lot of accounts on major futures exchanges around the world a while ago, and made at least $5 billion or more." Barkley said slowly: "It's just that I still have a question here, although Ji has been running very diligently in Xiangjiang recently, he has never been in contact with Standard Chartered Bank, especially during the period when Standard Chartered Bank opened an account, he was even watched by our people 24 hours a day, and never left his house at all, so I just suspect that it is him."

"So what do we do now?" Egnan asked for help.

"Listen to me first." Barkley took a deep breath and said, "None of the accounts opened by Standard Chartered have bought more than two million bushels of short soybean futures contracts, you know what that means, right?"

"What? Didn't each account exceed two million bushels?" John's eyes widened.

Agnan gasped, "Does Standard Chartered have the ability to predict the future?" The number of major futures exchanges asking for position reduction is more than 2 million bushels, which can be said to be accurate!"

"Yes!" Barkley had a solemn look on his face, "So if the person who entrusted Standard Chartered Bank to buy a large number of short soybean futures contracts was a season, then I can only say that he has unpredictable prediction abilities!"

"Could he be a future visitor?" John guessed.

Egnan laughed and said, "A future visitor? You've watched too many sci-fi movies, haven't you?"

Barkley laughed and said, "Like, what's the future visitor? I mean, his judgment of the futures market has reached a terrifying realm of transcendence, and if you think back to his previous shorting of crude oil futures and the foreign exchange market, is it also extremely accurate?"

John recalled carefully, "It seems to be really like that, but I can't figure out one thing, the collapse of crude oil futures is due to the Exxon crude oil leak, this is an accident, how can he judge accurately?"

"Maybe he didn't even know about the Exxon oil spill." Barkley explained: "I went back and checked the information on this matter for a long time, in fact, since September 1985, Saudi Arabia abandoned the benchmark oil price to follow the spot market price of oil, and in 1986 the non-OPEC countries fought for market share through price reductions, the OPEC and non-OPEC price war for market share broke out, from 1985 to this year, that is, between 1989, the price of crude oil has been declining, but at the beginning of this year it has risen abnormally. Therefore, I think it is very likely that the price will be reduced when the forecast is accurate, so I shorted crude oil futures, but I didn't expect to make a lot of money by encountering the Exxon crude oil leak."

"Then his gaze is indeed sharp." John was very impressed.

Agnam also said sincerely: "There is also the foreign exchange market, he also judged that West Germany and Nippon could not bear the long-term low interest rate resulting in high currency prices, which would cause domestic capital to flee, so the governments of the two countries will definitely raise interest rates, so it is imperative for the currencies of the two countries to depreciate against the dollar, and indeed, he guessed correctly, so he made a lot of money, I have to say that the season is very powerful!"

"Since you all know how sharp his eyes are in the trading market, it is most likely that he is the client behind Standard Chartered Bank's profit of at least $5 billion in soybean futures this time." Barkley said: "I don't know how he communicated with Standard Chartered, but it doesn't really matter, the important thing is that as long as it's him, then what he just said is not worth believing at all."

"You mean we shouldn't listen to him buy long soybean futures contracts?" John asked.

"Nope." Barkley shook his head.

Agnan wondered, "If you say he doesn't deserve to be believed, why listen to him?"

"Not to listen to him." "I mean, what he says is not credible, but that doesn't mean it's inaccurate in the futures market," Barkley explained.

Both of them were blindsided by him, not knowing what Barkley was trying to say.

Barkley couldn't figure it out, and said, "I mean it doesn't matter what he says, but what he does."

John immediately understood, "Are you saying that if he does buy a long soybean futures contract, we will follow and buy, and if he doesn't buy it, we will not buy the contract either?"

"yes, that's what it means." Barkley laughed and said, "He may be deceiving us with his words, but he can't live up to his money, right? As long as he buys a long contract, then we will buy after him, so that nothing goes wrong!"

It makes sense.

On the one hand, the price of soybeans has changed too much, and on the other hand, someone took the initiative to break the news that there is a suspicion that someone on the Chicago Board of Trade may force a position in soybean futures, so that they have to enter the market with capital, which leads to blood losses.

On the other hand, in fact, what they did at that time was actually right, and Ji Cheng's judgment was also accurate, but they didn't carry out exactly the same operation as Ji Cheng, if they knew that Ji Cheng used hundreds of units and the holding volume of each unit did not exceed two million bushels, then they could also make money.

In the final analysis, they didn't fully grasp Ji Cheng's movements.

Because Ji Cheng deliberately used the billion US dollars borrowed from Citibank to transfer to HSBC before, confusing the eyes of their three major groups, in fact, Ji Cheng did not use the money to buy any contracts.

"This time, without him confirming the accurate information of the futures contract to buy, we have always been on hold." John nodded approvingly and said, "As long as he does act, then we will follow suit, and we will not be afraid of repeating the mistakes of the past."

"Well, I'm going to go back and convince the board to do this, but it's up to you what you think if you want to do it." Barkley didn't say anything more, got up and walked outside, sneering and saying, "As long as he really invests the money, I don't believe there is any fraud in this."

"I don't believe it either." John also stood up, "I'm going to talk to the board about this."

Egnan said the same.

They still don't believe it, it's exactly the same operation as you, will there be any accidents?

The invisible brain supplement is the most deadly.

They don't believe what Ji Cheng said, but they can believe in Ji Cheng's ability.

No, they were fooled and lame one by one, analyzed a big circle, and finally decided to buy it, but they didn't know that doing so completely fell into Ji Cheng's trap, originally Ji Cheng didn't have the confidence to let the three major groups continue to jump into the pit they dug under the condition of heavy losses, but the three of them took the initiative to make up for all possibilities, and they took the initiative to jump into the pit again.

Of course, whether this is implemented depends on the final result of the deliberations of the boards of directors of the three major groups.

……

Although Ji Cheng, who flew to Xiangjiang, didn't know the results of the discussion between these people, he could probably guess something.

Because this was originally a set he gave to these three major groups!

Of course, Ji Cheng will buy a long soybean futures contract on Monday, and it is a billion dollars, but this money is not the capital he really harvested soybean futures, the real harvest capital is the more than $5 billion he just earned from shorting soybean futures on Tuesday.

Ji Cheng thought to himself: "I don't know if those guys will be fooled, hey, whatever, anyway, as long as I make money, it doesn't matter if they are tricked or not."

This time he is indeed confident that he will make money, even more confident than he was shorting before, because the information he has gathered from modern society is that soybean futures have bottomed out after an over-falling phase!

If he says that he will make 10 billion dollars, he will definitely make so much!

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Chapter 349 Being fooled by Ji Sheng and lame to read for free.