Washington, USA.
The Hunt brothers may have had bad luck recently. Not only had more than half of their profits from the soybean futures investment they had planned for so long been secretly intercepted by someone.
The key is that the other party had planned it in advance. Whether entering the market or leaving with a profit, he hid his identity in secret and cleaned up everything from beginning to end.
The Hunt brothers, however, openly controlled so many futures accounts through their family asset office.
At the same time, they mobilized the power of their family to create some agricultural news and favorable interest rate spreads, which manipulated the price of soybean futures.
so……
Investors in the United States and around the world who suffered huge losses in this soybean futures transaction sued the Hunt brothers to the U.S. government, accusing them of manipulating the market and acting as market makers, reaping the benefits of small and medium-sized investors and making profits of more than $1 billion.
Wow!
That’s one billion dollars in 1977!
This is equivalent to more than hundreds of billions of dollars in later generations. How could the US government not be tempted when it smells such a delicious meal?
Although the United States is a country controlled by capitalists, all favorable policies are for the convenience of capitalists.
But it is precisely this law of the jungle of capital that means that even capital itself may be strangled by larger capital or the combination of multiple capitals.
now……
The Hunt brothers faced public criticism and accusations from the U.S. government. The fact that they manipulated the soybean futures market and made profits of more than $1 billion also aroused the covetousness and jealousy of more families.
Faced with these lawsuits and troubles, the Hunter brothers have really become like mud falling into their crotches, and it's shit if not shit.
They really want to stand up and make a public statement that they really didn't make as much as $1 billion, only $500 million at most.
but……
It would be better for them not to issue such a statement!
I just gnashed my teeth and hated that stinky rat hiding in the dark, who quietly put $600 million or $700 million into his pocket without worrying about any bad reputation.
However, for the Hunter family, these troubles and lawsuits are actually nothing.
After all, since they dared to do such a thing, they had already prepared to deal with it.
The United States is a place where laws are observed, but the law also has loopholes and can be distorted by powerful legal teams.
With the high-paid legal team working hard, even if the U.S. government wanted to punish the Hunt family, it was unable to find evidence that they actually manipulated the market within the scope permitted by law.
In the end, they could only watch helplessly as the Hunter brothers were calmly acquitted in court.
Nelson Hunt, who walked out of the court with a smile on his face, immediately changed his expression when he got into the Lincoln limousine.
"Those damn politicians! And the greedy jury, they are all vampire bats. That's $50 million. We worked hard for half a year, but they made it with just a flick of their fingers."
William Hunter also said indignantly: "If we hadn't spent a whopping $20 million to hire this legal team, the damn US government would have wanted to fine us $200 million!"
"The most abominable thing is that those damned rats from Japan stole most of our achievements.
What did the Japanese Tokugawa family say? Have you found out?"
Nelson Hunt asked again.
"They said they tried their best to investigate, but many clues were lost. The other party seems to be very powerful, and it may even be... manipulated by the Japanese government. Otherwise, with the power and intelligence network of the Tokugawa family in Japan, it would be impossible for them not to find out."
William Nelson said very seriously, "However, we also made back some losses from Japan's foreign exchange market.
The Japanese government probably knows it is in the wrong and dares not say anything.”
"Humph! All of this is just an appetizer. This soybean futures experiment has proven that our method has great potential in the futures market.
Next, we can start to operate silver futures with all our strength. This time, we must do it more covertly.
Don't let those damn rats smell the smell of money again.
Because this time, our goal is not just a few hundred million dollars, but tens of billions of dollars. We want to monopolize the global silver market."
"Yes! Recently, we have been purchasing a lot of silver, which has caused the international silver price to rise a lot, and the gold price has also risen a bit.
This is very disadvantageous for our subsequent large-scale purchase of spot silver, and greatly increases the capital cost of subsequent purchases. "
"Isn't that easy? Sell some silver spot immediately to bring down the price a little bit, and make some profit from the difference. After the price is brought down, we will quietly start to buy at a low price..."
…
In such a stretched Lincoln, a decision to manipulate global silver futures was easily reached.
At this time, at the London Futures Exchange in the UK, trading in several sectors of precious metals is the hottest in the past month.
Especially with the good news such as the collapse of the South African silver mine and the conflicts among shareholders of the Mexican silver mining company, the price of silver futures has soared.
The prices of gold and silver are generally correlated, after all, they are precious metals used as a safe haven for funds.
So, for every 1% increase in silver, gold rises about 0.5%.
Those investors who quickly caught the market trend as soon as it started and bought silver and gold futures can be said to have made a fortune.
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