On the other side of the ocean, the Waldorf Astoria Hotel in New York, USA.
As the two most outstanding heirs of this generation of the Hunt family, Nelson Hunt and William Hunt were watching the financial news reports on TV with great satisfaction. That was their own masterpiece.
Yes!
Today, New York TV's financial report has been live broadcasting the dramatic plunge in soybean futures prices at the Chicago Board of Trade.
Based on the fact that the Hunt brothers secretly raised the price of soybean futures in the past few months, all the financial sharks in the futures market who smelled a little blood knew that someone was driving up the price of soybean futures.
Therefore, as soybean futures continued to rise in the past few days, many small investors flocked in, trying to get a piece of the pie from the market makers.
Of course, there is another group of short-selling investors who believe that the price of soybean futures has almost reached its peak.
This kind of artificially inflated price situation will never last long. After reaching the peak, the price will inevitably plummet immediately.
Therefore, for those investors who are accustomed to short selling for profit, short selling soybean futures will have great potential.
This has resulted in very frequent trading in the soybean futures market in the past month.
The long and short forces come and go, and the turnover rate is very high.
But how could they know that the real mastermind behind the scenes was the notorious Hunt family in the United States!
Relying on advance planning and layout, as well as strong capital support, the Hunter brothers of the Hunt family can be said to have firmly controlled the price fluctuations of soybean futures in their hands.
How could giant sharks like them who suck blood from the capital market allow others to take advantage of them and make a fortune?
so……
Relying on their strong control over the financial market, they mobilized funds and rapidly raised the price of soybean futures today.
With a bang!
First, all the short positions bought during this period will be liquidated.
The short sellers who were unable to cover their margin in time could only watch the price of soybean futures rise suddenly.
Those long investors who had previously bought soybean futures began to open champagne in the Chicago futures market.
After all, such a sharp rise allowed almost all of those who entered the market to make a profit of more than 50%.
Having tasted the sweetness, they are very confident that the price of soybeans will be far less than this and will definitely continue to rise.
then……
These profitable long investors not only did not sell their profits in time, but instead took the opportunity to raise funds and bought a large number of soybean futures contracts.
Yes!
The soybean futures prices, which were rising every moment, made them fall into a greedy frenzy.
Buy! Buy! Buy!
Buy it and earn it!
Buy a little more now and you can make more money later.
Especially when everyone is frantically buying soybeans because of the rising prices, you may not be able to buy them even if you have money.
"William! Haha! Look at those people on TV waving money and arguing to buy soybean futures.
Doesn't it look like the last time we followed the ocean-going whaling ship and caught a net of tens of thousands of sardines?"
Nelson Hunt laughed and said, for financial tycoons like them.
They all have their own VIP rooms and dedicated telephone lines. There is no need to go to the futures trading site to buy and sell futures. Just one phone call and a team of more than a dozen brokers will strictly follow their instructions to carry out futures trading operations.
“Sardines are tiny, but there are so many of them that … they provide food for larger fish.
Nelson, don't underestimate these sardines. Without them, where would we get our wealth from?
However, their performance was too boring. There was no surprise at all.
Why are they always so stupid? When the price goes up, they buy like crazy, and when it goes down, they start selling like crazy...”
Shaking his head, William Hunter said helplessly and ridiculously.
"There is no way. The essence of finance is anti-human. If they don't follow the laws of human nature, how can we make a profit?
It is a good opportunity for us to practice with soybean futures this time. If nothing unexpected happens, we can then really start manipulating the global silver market.
My dear brother, that is silver! Real wealth.
As long as this deal is successful, our Hunt family will leave a brilliant mark in the financial history of the entire world."
Nelson Hunt picked up the cocktail in his hand, clinked glasses with William Hunt, then picked up the phone and dialed the number of the futures broker.
"Jeff, it's me! You can start selling now. As planned, we'll reach $7. Let the little cuties who followed us in the car see for themselves the cruelty of the financial market..."
After hanging up the phone, Nelson Hunt sat in front of the TV with great interest, ready to watch those people in the stock exchange who were excited and crazy at the moment, but were about to fall into despair and pain.
"Seven dollars! Nelson, you're too cruel. They'll jump off the building."
William Hunter smiled and shrugged, then stared at the TV screen quietly.
really……
After a while, the soybean futures prices, which had just been soaring, began to plummet.
"It's fallen! Don't panic, it must be a technical adjustment. The price of soybeans has been rising for so long, a slight drop is normal."
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