049 Fools can make money

On the morning of December 19, in a remote corner of the New York Mercantile Exchange.

"Mr. Bill, if I'm not mistaken, this is the fourth time we've met."

Bill's trader, Andrew, dressed in a smart black suit, walked up to him with two cups of coffee in his hand and handed over one of the paper cups.

"Yes, Andrew. I'm going to sell all my silver futures. Bill took the cup, took a sip and held it in his hand as a hand warmer.

Americano was so bitter that he couldn't get used to it. It is said that this particularly bitter coffee method originated from cowboys during the Westward Movement, who drove thousands of cows through the cattle road to the northern market in order to make a living, and on the way the accompanying chefs concocted this coffee to keep the members of the team awake.

It is worth mentioning that during the brewing process, the most authentic Americano often adds a horseshoe to the coffee pot.

"Hmm...... Mr. Bill, with all due respect, while the big guys are shorting silver futures, the Hunter brothers still look like they have room to spare. As you know, their father was a new generation of oil magnates, and the two brothers alone have more than 8,000 horses racing around the world...... Retail investors are the wisest thing to do, and I bet that if you keep holding on to it, the price of silver will double in February and March next year. ”

Andrew holds a paper cup in his right hand and gesturing with his left hand, trying to instill his own professional analysis of the market to his customers.

"Yesterday it closed at thirty-nine dollars an ounce, right? I'm going to ask you to sell at this price now, and then we'll settle the commission for this transaction. ”

Bill didn't care what Andrew was thinking, he just gave his own instructions.

The main reason for this was to repay Rennes Marino's loan, and the secondary reason was that the $115,000 was almost out of margin for the three contracts.

After the price of silver topped $30 per ounce, the New York Mercantile Exchange also raised the margin per contract, and the brokerage firms followed suit. The total margin for the three contracts is currently $100,02,300.

"Well, the customer is God, and we absolutely follow the customer's decision." Andrew nodded, and suddenly his left hand began to gesture again, "You also know that Becky's company is a big brokerage company......"

"Don't beat around the bush, if you have any ideas, I don't have time to listen to you about the history of the Beitch Company."

Bill, who was also learning to hold a cup in his right hand and gesturing with his left hand, interrupted Andrew's words.

"I mean sell to the Becky Company, they are strong enough to eat these 150 lots of silver."

Bill agreed, "You can do this, as long as it's not lower than the market price." I'm about to see the money coming into my account. ”

Andrew walked to the silver trading area with a cup in hand, where traders were using various codes to fulfill his employer's instructions.

A few minutes later, Andrew brought over a fat man in a white shirt, black overalls, and shiny black leather shoes with block heels.

Similarly, this trader is holding a paper cup.

He didn't speak immediately after following Andrew, but handed the cup to Andrew, took out a white pill bottle from his trouser pocket, unscrewed the lid and poured two unknown pills into the palm of his hand, swallowing the two pills with the coffee in the paper cup.

"Please forgive me, sir. I had to take some medicine to stay focused. After solving the trivialities, the big fat trader raised his head and looked at the handsome and strong man beside him.

"Oh! It's actually Mr. Sports Car. I'm a fan of yours! The big fat trader immediately became excited.

He let go of the glass, stepped forward, took Bill's hand and began to caress it, little by little, from his hand to his shoulder, "Oh my God, this muscle is perfect." ”

Bill shook off the big fat man who seemed to be a fan, "Let's close the deal first, OK?" We'll talk about it later. ”

The big fat trader shyly withdrew his hand, took a step back and kicked away the fallen cup, and then began negotiations with Andrew and Bill.

"Yesterday's closing price was $39.16 an ounce, but this morning it fell a little bit and at the moment I can give a price of $39.05 an ounce. But this is the price of the spot and near-month contracts, and your contract is the far-month contract for delivery in July next year. Our company's position on silver futures is bullish in the near term and bearish in the long term. So the long-month contract is a little lower...... Well, $38.73 an ounce, what do you think? ”

The big fat trader gave his own quote.

Bill looked at Andrew, who nodded and said: "This is the truth, silver futures cannot be high for a long time, and the price of the far month contract is indeed low." ”

Mr. Ferrari glanced at the two of them, and pretended to be helpless that he was taken advantage of, "Then so be it, make four thousand five hundred dollars less." Maybe I should keep holding it, but ......"

The big fat trader put a strap on his shoulder, "Then we'll settle it?" ”

Bill nodded in agreement, and the three of them walked over to the NCO staff.

The process of changing contracts is simple, Bill only needs to pay a handling fee of 8/10,000 of the total contract amount to the exchange, and the three contracts are only 464.76 US dollars.

But the fee for Andrew and the Hilson agency behind him was much higher, and 2.6 pips of the total profit was taken by them.

The total book price of the three contracts at the time of purchase was $282,900, and the book price for the sale today is $580,950, with a total gain of $298,050 and $7,749.3 to the brokerage company.

After paying all the fees, Bill was left with a net profit of $289,835.94 and a principal amount of $115,000.

After transferring the borrowed principal and 50,000 yuan to his Wells Fargo bank account, Bill basically completed his mission to come to Manhattan today.

“…… Joe Gage, we'll have a chance to talk later, and the next time I'm here, I'll probably have you as an agent. After greeting each other for a while, he said goodbye to the two men.

Silver is rising, the gold-silver ratio is naturally smaller, now is a good time to buy gold futures, but the price of silver has not yet reached the peak, so there is no hurry to buy gold, and wait until January next year, that is, two or three weeks later, he will come to operate according to the market.

Joe Gage, the big fat man who watched "Mr. Sports Car" leave, kept a smile on his face, and began to mutter: "Times are getting better and better, and fools can earn 300,000 casually." ”

Andrew, who was on the side, couldn't help but ask curiously, "Aren't you a fan of Mr. Bill?" How to use a word like a fool......"

Joe Gage spat out, "Just because I'm a fan doesn't mean I recognize everything about him, which rugby player isn't a fool?" F***, I'm going to make a lot of money too, and I'm going to buy all the silver. ”

The illicit drug he had just taken began to take effect, which made his mind run quickly, "It took three months from eighteen to thirty-nine, and according to the current situation, it would be no problem for an ounce of silver to rise to sixty or seventy dollars." A fool can earn 300,000 yuan for three months, and I earn more than him for three months. ”

The more Joe Gage talked, the more excited he became, and under the puzzled gaze of his friend Andrew, he had already made the decision to mortgage his house to buy silver futures.

The money he can make, I can make too!

PS: Ask for a collection, ask for a recommended ticket, ask for a monthly pass.