Zhang Xudong was prepared for the oil crisis and economic crisis that broke out in the second half of the year.
Making final preparations nervously.
The mortgage loan is for a five-year term.
It’s still early, there’s no rush to return it.
The amount of gold sold in the gold trading market is decreasing.
Zhang Xudong used the more than 1 billion in profits he had earned in the Middle East over the past year.
All invested in food and oil.
International food prices,
Due to the continuous decline in production and the large-scale import of polar bears,
Although the price has already started to rise, there is still a market for acquisitions.
It is for the internal supply of Huaqing.
Zhang Xudong also has to make some preparations.
And oil is still $2.50 a barrel.
After half a year, it will no longer be a question of whether it is expensive or not.
But the question is whether there is one or not.
Zhang Xudong is busy, and the social conditions in the United States are getting worse.
As the Watergate investigation deepened,
Democracy has lost trust in the current government.
The government's control over prices and wages began to waver.
Prices are rising like bamboo shoots after rain.
The price of eggs suddenly increased by 50%.
The price of meat has also increased by about 30%.
The US dollar has once again experienced a significant depreciation.
People's assets shrank by nearly half in an instant.
The price of gold is rising rapidly.
By early July, the price of gold
It has climbed to a high of $125 an ounce.
“Sell gold futures.”
"What?"
"I say sell all the gold futures we have.
Don't be in a hurry, just sell out by the end of July.
If the gold price does not fall after the futures are sold,
Gold spot can also be sold off in part.”
"Dongzi, the price of gold is still rising!
It's rising a little bit,
The futures contracts we hold are delivered.
You can have exactly double the income.
Our 500 million yuan deposit,
But at that time, I bought 10 billion futures.
Ten billion in revenue is coming soon.
How can I sell it?”
"Aunt, we must clear out the options in our hands by the end of July.
Otherwise, not only will you not save money, you will actually lose money.”
Seeing that Li Hui wanted to say something, Zhang Xudong waved his hand.
“Aunt, prices are soaring along with the price of gold.
Public dissatisfaction with the current government is also growing.
Governments will not allow social contradictions to develop to the extreme."
"You mean the government will intervene?"
Li Hui calmed down after listening to Zhang Xudong's explanation.
"Okay then, I'll arrange it now."
"Aunt, please keep the funds you've recovered this time. I need them..."
“This is nearly 10 billion yuan!
Are you going to buy San Francisco?"
“If the Americans were to sell it, I would buy it even if I had to sell everything I had.
Unfortunately, the Americans are not stupid.”
The rise in gold prices has driven people almost crazy.
The gold options in Zhang Xudong's hands,
Every time an order is placed,
There was no chance of making a splash in the trading market.
They were sold out immediately.
If I wasn't afraid of attracting attention,
It only takes a few large orders to clear out his futures.
Just as the 25th arrived, Li Hui came to Zhang Xudong's office again.
"Aunt, what's wrong? Why are you sighing?"
"Dongzi, the futures have been sold."
"Good that you're done running, why are you sighing?"
“Now the price of gold has risen to $150 per transaction.
Two hundred million in net profit, gone!"
Zhang Xudong chuckled when he saw this.
"Aunt, how much did you save this time?"
"well,
Only 82 percent of the income.
Adding the 500 million in capital, we now have over 8.7 billion in cash."
"This result is good enough, just be content.
Based on your shares, you would be a billionaire now.
And it’s in US dollars, why are you sighing?”
"Haha, just kidding.
After selling the goods, although I made less money, I felt relieved.
By the way, we are not short of money now.
So, should we repay the 1.5 billion loan in advance?"
“Why are they urging us to pay when it’s not due yet?”
“There’s a contract in place, and the interest hasn’t been reduced, so they haven’t pressed for payment.
It’s just that the managers of several banks always have a sullen face when they see me.
What about the interest on those loans?
Even the 10% loss from the depreciation of the US dollar and real estate is not enough to make up for it."
"Haha, then let them wait.
That 1.5 billion,
In three years, I will make it three billion, or even ten billion."
"Dongzi, do you have any new plans?"
“Yes, your task is simple.
I'll give you 1 billion yuan to continue shorting gold futures."
“Short gold?
Will the price of gold be severely suppressed?"
"About 30%."
"Oh my god, thirty percent?
So, should we sell some more spot gold?
Within ten tons, you can arrange it yourself.
There's no need for more, we have enough money for now."
"Is the money enough for now? Leave me 1 billion for futures trading?
What are you going to do with those billions?"
“Alas!
I didn't expect engine research and development to be so expensive.
Just one wind tunnel costs billions.
There are also Somalia's oil extraction equipment, transportation equipment, and refining equipment.
All of these require real money investment.”
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