Chapter 351: Billionaire (Asking for Subscription, Asking for a Monthly Pass)
Soybean prices have bottomed out!
Because of the previous intervention of the futures regulatory authorities in various countries, a large number of long and short holders have lost a lot of money, and retail investors and small and medium-sized investors have all eaten and drunk, when the price of soybeans came to the freezing point, not only Ji Sheng bought longs, more well-fed investors, but also optimistic about the market bottoming out, have bought contracts.
Bears decrease, bulls increase!
Soybean prices have ushered in a recovery!
On Tuesday, soybean prices ushered in a wave of strong performance.
Five hundred and forty-five cents!
Five hundred and forty-seven .23 cents!
Five hundred and forty-nine .76 cents!
Although it took nearly two hours to rise by a little more than five cents, everyone knows that the bottoming out is coming, and investors are jubilant!
Wednesday, seven o'clock in the morning.
John. Li De got up as usual, freshened up, and then sat down at the dining table with his wife, children, and four or five people to have breakfast.
Generally speaking, the time for beautiful Chinese people to eat breakfast is before 8 o'clock in the morning, in terms of diet, beautiful Chinese people do not pay so much attention to breakfast, basically breakfast is sandwiches, toast, waffles, bagels, eggs and the like, and the drinks are coffee, milk and juice.
John. Although Li De's family is wealthy, his breakfast is much the same as that of ordinary beautiful Chinese.
He took a sip of milk from his cup and took another bite of the sandwich.
The TV is playing the morning financial news, as the chairman of one of the world's top banks, the financial news is John . The news that Li De watches every day.
Glancing at it, John. Li De was in a good mood and said, "I didn't play the news related to soybean futures when I was freshening up just now, right?"
"No, dear, what's wrong?" His wife asked with concern.
Two or three children also looked at it.
John. Li De smiled and said: "Wasn't our group ready to buy soybean futures at the bottom, but I didn't expect the price to fall again, at that time I thought it was really going to be unlucky this time, but who knew that Huajin Capital actually took the initiative to sign a VAM agreement with us that season, so that we could lose a lot of money, well, if the price of soybeans fell again today, he estimated that he would blow up."
His wife was stunned for a moment, "But the price of soybeans rose slightly yesterday, don't you know?"
John. Li De waved his hand and said, "It's not in the way if it rises a little more than five cents, it has warmed up once in the over-falling stage before, and in the end, it didn't fall so much?"
Before he finished speaking, an earth-shattering news report from a female announcer suddenly came from the TV: "The Ministry of Agriculture of the beautiful country issued a new announcement, due to weather conditions, it is expected that the soybean production of the beautiful country will be reduced by 10% this year......
John. Li De didn't react at the time, so he casually gave his three children a lesson, and said: "The Ministry of Agriculture has not made it clear that there will be a La Niña phenomenon, and generally such public information is that it is preparing for a food war.
This trick John. Li De is all too familiar.
It's not just John. Li De is familiar, so to speak, the beautiful country is engaged in finance more or less understands the secret of this trick.
That's right, it's a food war.
The government of a beautiful country will come up with a trick that will be used every once in a while.
Soybeans are traditional agricultural products in many parts of the world, and the origin is in China, but with the opening of the world, the cultivation of this crop has spread all over the world, and the planting area of some countries far exceeds that of China, and the typical representative of these countries is the beautiful country.
As a developed country, the agriculture of the beautiful country is quite advanced, and the planting efficiency and cost far exceed that of the world's major agricultural planting countries.
It is precisely for this reason that in order to generate export trade in agricultural products, beautiful countries often use intimidating messages to force foreign buyers to buy agricultural products in large quantities, and basically release these agricultural products before they are put on the market.
For example, in 2003, when the soybean market was about to be launched, the agriculture department of the beautiful country issued a similar news report.
With this operation of the government of the United States, many people believe that the inventory of soybeans will be smaller and smaller in the future, and the relationship between supply and demand will become more and more tense.
As a result, major institutions began to speculate on soybeans, which directly led to the rise in soybean prices, and on the Chicago Board of Trade, the price of soybeans soared from 540 cents in August '03 to 1,060 cents in April '04.
Everyone saw that the soybeans in the beautiful country have risen so much, and the output will be reduced in the coming year, which makes the soybean products enterprises in many countries unable to sit still, so they have started to hoard a large number of soybeans, and the prices of soybeans they hoard are also sky-high, and some prices have reached more than 4,000 yuan per ton.
However, often after these foreign soybean products companies have bought a large number of soybeans, the next year's soybean market in the United States has increased the inventory again, in fact, the soybean production has not been affected, so the soybean price system will collapse completely, and it is very likely that it will fall by 50% in a very short period of time.
Hua Xia is one of the victims.
Because the soybean planting time in the beautiful country is from May to June every year, September to October is harvested, and then from October to March of the following year is the sales cycle, and now it is mid-July, this time is the best time to start hype.
Naturally, John. As soon as Li De heard the news, he understood what the idea of the agricultural department of the beautiful country was, which was to raise the price of soybeans......
Wait!
Wrong!
Raising soybean prices?
Thinking of this, John. Li De's eyes suddenly widened!
He had just sold the soybean futures contract to Ji Sheng in the form of a VAM!
And now that the agricultural department of the beautiful country has issued this announcement, the price of soybeans is bound to skyrocket in a short period of time, doesn't this mean that he sent money to Ji Sheng?
I just lost billions on shorting soybean futures, and now I finally got the opportunity to make money and gave it to others?
John. Li De seems to be able to see the angry expressions of the financiers of the First Citigroup Consortium!
Finished!
It's really over this time!
John. Li De's hands and feet were cold.
"If you don't eat it, I'll go to the company now." John. Li De could no longer sit still.
His wife was stunned for a moment, "What's wrong with you?"
John. Li De said with a wry smile: "If I can't handle this matter well, I'm afraid I'll lose my job."
After saying that, he hurriedly left the house with his briefcase.
With the announcement of the agricultural department of the beautiful country, the price of soybeans has skyrocketed.
John. As soon as Li De came to the company, he saw the current price.
Five hundred and sixty-three .forty-five cents!
You must know that when he watched it before, the price of soybeans was still 549.76 cents per bushel, and a news broadcast actually skyrocketed by nearly 14 cents!
This is still news that has just aired, and if it is accompanied by the fermentation of things, it will rise even more!
John. Li De instantly understood one thing, I am afraid that both Citibank and State Street Group transferred the soybean contract to Ji Sheng's company in the form of a VAM, and this time they will lose a lot!
Sure enough, the phone rang.
John. Li De answered the phone.
The voice of a middle-aged man came from the other end, "John, I don't think you're a good fit to be the chairman of Citibank."
John. When Li De heard the middle-aged man's voice, sweat broke out on his forehead, and he said with a wry smile, "Mr. Stillman, can you listen to my explanation?"
That's right, the caller was made by the current head of the Stillman family, the man behind the Citi consortium.
Stillman didn't give him a chance to explain at all, "Today, the agricultural department issued an announcement on soybean production cuts, and soybean prices rose in response, before you lost one or two billion in shorting soybean futures, this time you bought soybean futures, and temporarily transferred the contract to others, John, I really didn't know that your ability was so poor, in this way, don't say that I won't give you a chance, if you can't handle this matter well, take the initiative to resign!"
John. Li De's face turned red when he was told by the boss, and of course he understood what Mr. Stillman meant by "handling this matter", which was nothing more than saying that in order for this soybean futures contract to come back, he must make money on it to make up for the loss of shorting before.
That is to say, unless you go to ask Ji Sheng to open up now and invalidate the gambling agreement, the other Johns. Li De was powerless.
He really didn't expect Ji Sheng's eyes to be so sharp, and he actually judged accurately again and again, whether it was short or long, this strength was too strong.
He admired Ji Sheng very much in his heart.
It doesn't mean John. Li De is willing to beg Ji Sheng willingly, you must know that just a while ago, in order to control Ji Sheng, he deliberately let Ji Sheng wait in the reception room for two hours, but now he wants to ask for it the other way? He's lost all his face!
It's just that in the current situation, it seems that there is no room for John. Is Li De willing or not?
If he goes to ask Ji Sheng to succeed, he still has a way to live.
Otherwise, if he loses the position of chairman of Citibank, the outside world will definitely know what happened, and I am afraid that no financial institution in the world will hire a professional manager like him again!
John. Li De's face was extremely ugly, and at the same time, there was a question in his heart, why is Ji Sheng so powerful? First, they learned that none of them knew about the forced position of Furtz's soybean futures, and then calculated that the price of soybeans would definitely bottom out in the short term, and it was really like that!
Could he really have predicted the future?
Could he really be a future visitor?
John. Li De thought about it and felt that these ideas were a bit ridiculous, it was impossible for anyone in the world to be able to travel back in time, at least in his thoughts, there could be no such thing at all, then, there was only one possibility, that is, Ji Sheng's level in the trading market was really high to the point that there was no one before or since.
This man is amazing!
John. Li De was impressed.
Just in John. When Li De's heart was suddenly in his heart, the futures trading market ushered in a feast!
Because of the announcement of the agricultural department of the beautiful country, countless financial institutions have seen the way to make a fortune, and the price of soybeans will definitely rise.
As a result, major financial institutions that have held soybean futures for a long time announced for the first time that they would buy more contracts.
Soybean prices are rising again!
From 563.45 cents to 571.36 cents per bushel!
In fact, these financial institutions had already secretly bought before the announcement, and the reason why they announced it was completely to speculate on the price of soybeans in order to seek more profits.
Sure enough, retail investors saw that major financial institutions had made a move, and they poured into the futures market and bought a large number of soybean futures contracts.
Prices keep climbing!
Five hundred and seventy-three .41 cents!
Five hundred and seventy-six .fifty-nine cents!
Five hundred and seventy-nine .thirty-three cents!
On Wednesday, it rose by nearly 30 cents in one day!
Although it has risen by 30 cents a day, many people are still not satisfied with this price and feel that it has not reached the psychological level, including the agricultural sector of the beautiful country.
Early the next morning.
The agriculture department of the beautiful country decided to add another fire to the soybeans.
So early in the morning, the agricultural department announced that it would sell a large number of soybean stocks to adjust the stock.
This move is like a confirmation that this year's soybean production has really decreased!
On Thursday, soybean prices began to fluctuate dramatically!
At 9:50 a.m., the price of soybeans has come to 583.17 cents per bushel!
Since then, the price has kept rising!
Five hundred and eighty-six .forty-six cents!
Five hundred and eighty-eight points!
Five hundred and ninety-one .25 cents!
At noon, there was a shocking news from Huaxia, perhaps because the agricultural department of the beautiful country announced a reduction in soybean production and adjusted the inventory, countless soybean products companies in China began to place orders with the beautiful country!
A total of three million tons of soybean orders!.c
Well, in fact, this is a piece of false news, Huaxia has not placed so many orders at all, but a group of financial institutions on Wall Street deliberately fabricated information in order to make more money on soybean futures, which is not uncommon.
Although this is a false news, it has a great repercussion in the trading market!
After all, it's an order of three million tons!
And these financial institutions will certainly not just release this one false news.
Sure enough, then the world's major agricultural products in demand for relatively large countries, basically more or less the news of a large number of orders.
Day stupid!
Bear Country!
Mexico!
Indonesia and Western European countries!
Almost all of them have news of orders!
Although the vast majority of these news are still artificially fabricated fake news, it can be very stimulating to the market!
The price of soybeans skyrocketed again in the afternoon, rising to 597.36 cents!
This price is already approaching the cost of soybean planting per bushel, and the outside world is in an uproar!
If you don't buy it, the price will be higher!
That's what everyone thinks!
Friday, today is the last trading day of the week.
The soybean futures market ushered in a comprehensive scramble!
With the intervention of capital, retail investors think that they will make money, resulting in soaring soybean prices!
Five hundred and ninety-nine .seventy-six cents!
Six hundred and one hundred three or four cents!
Six hundred and three hundred and twenty-five cents!
The price broke through six hundred again!
It was at this time that Ji Sheng's position began to close!
It was about one o'clock in the afternoon.
Ji Sheng, who was asking his assistant to buy a plane ticket for him to fly back to Huaxia, received a call from Xiangjiang.
Jingle bells, jingle bells.
The phone rang very quickly.
Ji Sheng picked up the phone casually and said instinctively, "Hey, I'm Ji Sheng."
Bao Yugang's excited voice came from the other end, and he almost shouted in a frenzied manner, "Mr. Ji! Earned! You've made a lot of money this time!"
Ji Sheng's eyes lit up and said, "All the positions have been closed?"
Bao Yugang's tone was full of disbelief, "All the positions have been closed and delivered, and you can withdraw tomorrow, guess how much you earned this time?"
Ji Sheng hadn't had time to look at the price of soybeans, so he really didn't know how much he had earned, and said, "How much?"
"$5.4 billion!" Bao Yugang said in amazement: "You have made more than 10 billion US dollars in soybean futures one after another!"
No way!
I made 5.6 billion before!
This time I made another 5.4 billion!
Together, it's 11 billion!
Ji Sheng came to his senses instantly, although the money had not yet arrived, but at this moment he was completely excited, "Is it really so much?"
"Yes, when we bought the contract, the price was 544.25 cents per bushel, and when we closed the position, it was 603.25 cents, 5 billion and 10 times leverage, didn't we make exactly $5.4 billion? Well, the odd is exactly what you do, and you are expected to get 11 billion." Bao Yugang couldn't restrain his excitement, "If this information is announced, our Standard Chartered Bank will definitely be famous all over the world!"
After saying that, he seemed to realize that he was too excited, and hurriedly added, "Mr. Ji, you must be even more famous, after all, you have earned 11 billion."
Earned a billion dollars?
It's just the numbers you've earned over there!
HSBC also commissioned a billion US dollars, although the price was high when buying the contract, and the money was very small, but no matter how small the mosquito was, it was meat.
In addition, Ji Sheng also obtained $2 billion 10 times leveraged futures contracts from Citibank and State Street Group in the form of a VAM, and these two contracts can also make a lot of money!
He didn't have time to calculate how much he had earned, but one thing was for sure, his worth exceeded 10 billion!
He has become a super-rich man worth tens of billions of dollars!
Definitely the richest man in a beautiful country!
Becoming the richest man in the world this year is only one step away!
Ji Sheng had a dreamlike feeling, thinking that he was an ordinary young man with a lot of debts at the beginning, but now he has the opportunity to compete to become the richest man in the world in this time and space, even if it is only on the surface, but this is also an extremely incredible thing for him.
Something I couldn't have imagined before!
Is it going to come true now?
Ji Sheng became absent-minded when he listened to the phone, and he didn't hear what Bao Yugang said clearly.
After a while, he came back to his senses, and heard Bao Yugang on the other end of the phone so excited that he couldn't praise fiercely: "Mr. Ji, you are really a good critic! I have been engaged in the financial industry for so many years, and I have never seen a super god like you who can make tens of billions of dollars in the futures market at one time!"
Ji Sheng, who should have been very excited, became calm at the moment, just exchanged a few words with Bao Yugang and hung up the phone.
Ji Sheng sat in the boss's chair in a daze, and his wealth skyrocketed tenfold all of a sudden, and it really felt like a dream.
Is all this real?
I can't be dreaming, am I?
Ji Sheng pinched himself in disbelief, and then ...... Well, he pinched it so hard that he was so painful that tears came out!
It's true!
Everything is true!
Dude has really become a billionaire!
Ji Sheng's thoughts returned, his eyes bloomed, he knew that he had truly entered the ranks of the world's top richest people!
Correspondingly, the enemies you will face next are stronger.
Those consortia didn't regard him as a real opponent before, they just wanted to suppress him and let him work for the consortia, but after this incident, Ji Sheng believes that those consortia will no longer have such thoughts, because although the wealth he currently has is still a lot worse than that of the consortia, it can already bring threats, so those consortia will definitely launch a fierce offensive next.
But so what?
Ji Sheng had already thought about a vigorous battle with those consortia, relying on his own ability to get the ticket to become one of the masters of the beautiful country, this battle would come sooner or later, it was only a matter of time.
"Hey, I'm going to charge a little bit of interest before the war starts."
Ji Sheng couldn't help but smile, thinking that it was time to go to Citibank and State Street Group to get the money, and bet on the money earned by the agreement!
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Chapter 351: Billionaires Read for Free.