Hong Kong Island, Hong Kong Club.
On the top floor, in that luxurious room that not long ago was filled with laughter and surrounded by champagne bubbles and cigar smoke.
At this moment, however, there was a deathly silence.
There's no way around it; the capital market is just that cruel and ruthless.
When the sickle of capital swings down, it doesn't care who you are; it only cares about profit and reaps it madly.
"Bang!"
Sir Swire smashed a valuable crystal whiskey glass to the ground, shattering it into pieces.
At this moment, his face, which had always maintained an English demeanor, was flushed with anger, turning a deep liver color, and his eyes were filled with ferocious bloodshot veins.
"Niu Bijian!!"
The voice he emitted was no longer that elegant London accent, but a furious roar like that of a wild beast.
"1.5 billion!! And in US dollars!!"
"Has the exchange gone mad? How dare they ask us to pay an additional $1.5 billion in margin?"
Wheelock's representative, Madden, was completely limp on the sofa, crying out in despair.
It's over.
Wheelock...it's all over.
"Preschool..."
James reported with a deathly pale face:
"Today's closing price... $28.80."
"Our short position's main cost... is between $25 and $30."
"All our...all our unrealized gains have not only evaporated..."
"And we...we've...lost about...one billion US dollars..."
One billion US dollars! They've almost lost all of their initial investment.
Every British-owned executive in the room felt their heart sink completely.
The total amount of capital they invested was only HK$5.5 billion!
Now, not only have they failed to earn the dream-like $2 billion they once had, they've actually lost $1 billion!
This means that all of their principal was almost completely wiped out in one day, and they were unable to close their positions at all. It means that as the price of silver futures rises, they will continue to lose money indefinitely.
"ah!"
Sir Swire could no longer contain himself. He rushed up to Newbie and grabbed him by the collar!
"Newbie! You liar!!"
"Didn't you say he was bankrupt?! Didn't you say it was a sure win?!"
"Didn't you say the US government would intervene?!"
"And now?! We're all trapped! 1.5 billion US dollars in margin! Where are we going to get 1.5 billion US dollars left?!"
"You killed Taigu...you killed all of us!!"
Madden, realizing what was happening, unleashed all his anger and resentment on Newbikini, howling:
"My money! Newbikin! You must give me my money back!"
"You idiot! You dragged us into this mess! Jardine Matheson must compensate us for all our losses!"
As Newt G. was being torn apart by the two men, he had completely lost all the elegance of an English gentleman.
Although he was unwilling to accept this fact, they really had no way out now.
Yes!
Kobayashi Tenmoku didn't even offer him a way out, a way to close his position and accept the loss.
so……
What else could Niu Bijian do in this situation? He could only deceive himself.
He shoved the two of them aside, then took a deep breath and said:
"What's the panic?!"
"This is just a technical bounce! It's the devil's last hurrah!"
"He can't hold out for long! Where does he get so much money to drive up prices?!"
"The US government! Yes! The US government will definitely intervene again! Let's report Kobayashi Tenno again, report him for manipulating the silver futures market. Just wait! As long as the US government increases the margin requirement again, he'll be liquidated instantly, and then our money will be back in no time, and we'll make a fortune..."
At this point, Newt G.S. seemed to have grasped at the last straw, lunged at the phone, grabbed the receiver, and frantically dialed the number of the New York CFTC, the U.S. Commodity Futures Trading Commission.
"Hello?! Is this Chairman Johnson?! It's me! Newbikin!"
"Why aren't you doing anything?! That mysterious buyer is manipulating the market! He's Kobayashi Tenmoku from Hong Kong Island. I submitted information to you before; he's manipulating the silver futures market, and he's frantically driving up prices!"
"This is illegal! You must stop him! Now! Immediately!!"
On the other end of the phone, CFTC Chairman Johnson's voice, coming through the transoceanic cable, was anything but warm; it was merely cold and procedural:
Sir John Newbrick.
"First of all, thank you for your previous report, which helped us successfully crack down on the Hunt brothers' illegal monopoly and maintain the stability of the futures market."
"As for what you're saying now..."
"I regret to inform you that the 'close only' rule remains in effect."
"As for the free trading in the 'spot' market... that is a fundamental principle of the market, and we at the CFTC... have no right to interfere."
"If you have taken a large short position and want to close it, please go to the market and buy spot goods yourself."
"Beep...beep...beep..."
The phone call was abruptly ended.
No right to interfere...
Please purchase the in-stock items yourself...
Niu Bijian gripped the receiver, completely frozen in place.
Yes!
Their last straw, their last hope, was shattered when the US government sided with that yellow-skinned monkey, Kobayashi Tenno, instead of them. This greatly impacted their worldview.
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