No one dares to take such a heavy responsibility when it comes to making decisions involving such a large sum of money.
Fortunately, to facilitate decision-making, this place is not far from the old man’s office.
They sent someone to invite the old man immediately. In less than twenty minutes, the old man walked in with a brisk step and a smile on his face.
"How is it? I heard that you have earned more than 100 million US dollars for the country!"
The old man has been much more relaxed recently, partly because he has come up with a lot of ideas and thoughts on the reform and opening up plans.
On the other hand, good news keeps coming from the futures investment team.
The speed at which this foreign exchange is earned is greater than that of all the large factories in the country combined!
"Report to the Chief! The price of soybean futures is approaching ten dollars.
Comrade Lin Huowang called and asked us to sell all soybean futures immediately and then go short..."
Director Liu Hongru reported to the old man everything Lin Huowang had just said word for word.
No one else in the office dared to interrupt and could only look at the old man anxiously.
The three professors were as anxious as ants on a hot pan. They all studied Western economics, and in their eyes, there was no situation more favorable than the current one.
After hearing all this, the old man smiled and said, "Then listen to Comrade Lin Huowang and do as he says."
Just a simple sentence, but it revealed the old man's absolute trust in Lin Huowang.
"Commander, this is more than 100 million US dollars! The price of soybeans will continue to rise..."
Professor Li was really anxious, and he quickly and eloquently spoke out the speech he had prepared in his mind.
The old man was not in a hurry. After listening to the speech with a smile, he asked the other two professors beside him: "Professor Wu, Professor Chang, what about you? Do you have the same opinion?"
"Commander! Yes. Professor Li and I have already conducted a very rigorous analysis of the information we have collected.
The current market development and price increases are completely in line with our predicted model!
The drought suffered by the United States, Mexico and other countries has led to a reduction in soybean production, which has been publicly reported in many newspapers.
According to the latest forecast of the World Food Program, soybean production from May to August this year will be reduced by more than 50% compared with the same period in previous years.
This would very easily double the price of soybean futures contracts..."
Professor Wu's argument is well-reasoned and very convincing.
Professor Chang also added: "There has been a rush to buy soybean futures contracts in the market.
Under such circumstances, the price of soybean futures is unlikely to fall.
As soon as we sell the contracts we have, they will be bought out immediately.
These investors are not fools. If they can’t make money, why would they buy like crazy? "
…
All the staff present agreed deeply with the analysis and arguments of the three professors.
After all, all the news they have seen in the past ten days can lead to these conclusions.
However, the old man's eyes were wise.
He penetrated the phenomenon directly, saw the essence, and asked the three people with a smile:
“Then how do you explain what Comrade Lin Huowang said, that everyone is making money, so who is losing money?
Including the previous wave of rises and falls, the Hunt family in the United States must hold a large number of soybean futures contracts. When will they dump these contracts into the market? "
Wow!
When the old man said this, the three professors were stunned and speechless.
“This… Commander, the situation this time is different from before.
This time it is really based on facts. The reduction in soybean production is real, and so many newspapers have reported it..."
Professor Li still wanted to argue his case.
But the old man smiled contemptuously and said: "Are all the foreign newspapers true? They also reported that our country is in dire straits and the people are living in misery!
Capitalists have no bottom line when it comes to making money and will resort to all kinds of dirty and despicable means.
Is it difficult to spend money to buy some fake news reports?
That's a capitalist society, with great freedom of speech! Their newspapers can blatantly tell lies, they are free!"
All the staff present were shocked by the old man's joke.
They have never been abroad, and they dare not think that there is fake news in the newspapers.
after all……
in the country, who dares to publish fake news and articles in the People's Daily?
However, people abroad really dare to do so, placing false advertisements, fake news, maliciously denigrating political opponents, etc. in newspapers.
That's a capitalist society. News newspapers are all owned by private media groups. As long as someone pays them, they will report anything.
"So, comrades, we must trust Comrade Lin Huowang's judgment.
We should be greedy when others are fearful, but when others are greedy, we should start to be fearful.
Ship the goods! Director Liu, call Hong Kong Island and take advantage of the fact that everyone is rushing to buy soybean futures contracts and gradually release the goods..."
The old man once again made the final decision, and no one present objected anymore.
On the contrary, this bucket of cold water poured down on them made everyone feel stunned, as if they had just woken up from a dream.
yes!
Being in the situation, they don't feel the danger approaching at all. Instead, they think the price will continue to rise.
But once you step back and carefully review all the circumstances surrounding the rise in soybean prices, it seems like it was artificially hyped up.
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