The secretary was surprised again: "Could it be..."
"But we have been severely warned by the Bear Country and the United States. If we do it again..."
Menahmu Baijing waved her hand and said, "We can't miss this great opportunity."
"Last time, that brat Bao Junyi ruined everything. We, Yiserle, must seize this opportunity."
"Yes, Mr. President."
at the same time.
Located in the Royal Palace of Saudi Arabia in the Middle East.
At this moment, Prince Surtan was standing opposite a middle-aged man in his sixties or seventies, who was none other than He Lide.
"Brother Wang, the Middle East is going to be in chaos again."
Helide sighed and said, "Alas, the war still happened."
"I wonder if this will drag the entire Arab region into this quagmire of war."
Prince Surtan said helplessly, "There's nothing we can do about it. They've been accumulating hatred for years, and it's bound to explode sooner or later."
"However, this outbreak came at a bad time. The Middle East had just emerged from tension and was plunged into war again."
Helid nodded in agreement and said, "We should be prepared now in case the Iranians..."
Prince Surtan was surprised and asked, "Brother, do you mean he will attack us?"
"That's impossible. Iraq is also a powerful country in the Middle East."
Helid shook his head and said, "I'm worried not only about Iran, but also about Israel next to him."
"If the other side took advantage of the Iran-Iraq War to launch a surprise attack on us, it would be too late."
"So, it's better to be prepared than to be caught off guard. It won't be wrong to prepare in advance."
Prince Surtan nodded and said, "I understand."
However, the Iran-Iraq War.
It has attracted international attention.
Among them, the major fund investment banks on Wall Street acted the fastest.
The impact of Middle Eastern oil was quickly reflected in the financial market, and the prices of oil-related products soared.
Qiao Zhi Soros roared angrily: "Fuck! What's going on?"
"How could a war suddenly break out in the Middle East when crude oil prices were so stable before?"
"Boom...boom."
The secretary came in with documents and said, "Boss, we've lost over $180 million on crude oil futures."
"This is what the financial analysts just compiled, along with follow-up investment advice."
Qiao Zhi Soros took the document and looked at it carefully. His face darkened as he said, "Fuck! This damn hatred."
"I never thought that the deep-seated grievances between the two countries would erupt at this juncture."
The trading manager asked anxiously, "Boss, what should we do now?"
"Humph! Since we can't beat them, we might as well join the long position in crude oil futures."
"Our financial analysts have just analyzed the international crude oil trends and there is still a lot of room for profit."
"We took the opportunity to go long and recover some of the losses. Otherwise, we will have a hard time explaining to our investors this year."
The trading manager said, "Okay, Boss."
At this time, inside Wall Street.
Just like George Soros' Quantum Fund, there are many others that do the same thing, such as Tiger Fund, U.S. Savings Fund, and Eagle Pension Fund.
This storm caused a large number of investors and funds to short-sell oil futures in the stock market, with their positions liquidated and their account funds reduced to zero. Some even owed money to securities companies.
......
afternoon.
Inside the Miracle Building in Central, Hong Kong.
As soon as Bao Junyi arrived at the office, Yuan Tianfan followed in.
He said excitedly, "Mr. Bao, the Middle East war has broken out, and the crude oil futures and spot prices we purchased have soared."
"At present, it has risen by 38 percent and may continue to rise for some time."
Bao Junyi smiled and said, "Very good. This war in the Middle East cannot end so quickly."
"So, we should not rush to sell the crude oil futures and spot oil we purchased previously."
Yuan Tianfan asked in surprise, "Mr. Bao, do you mean this war will last for a long time?"
"Yes."
"As time goes on, the oil fields and other refining facilities of both countries will become key targets of attack by both sides."
"As a result, crude oil production has declined and international oil prices have risen again."
Yuan Tianfan was shocked and said, "Won't that affect the global economy?"
“Yes, countries around the world will once again be in economic trouble.”
"Among them, developed countries in Europe and the United States, led by the United States and the United States, will once again fall into economic growth difficulties, and even inflation will intensify again."
Yuan Tianfan said excitedly: "Doesn't that mean we can short sell the stock markets of these countries?"
"Moreover, as long as oil production does not increase, global economic inflation will not fall."
Bao Junyi thought for a moment before saying, "That's feasible."
“But we don’t trade stocks.”
"Bao Sheng, if we don't trade stocks, are we going to trade futures?"
Bao Junyi shook his head and squinted his eyes, saying, "We are shorting the currency."
"What?!"
“Shorting a country’s currency?”
Bao Junyi laughed and said, "Why, are you scared?"
Yuan Tianfan was shocked and said, "Mr. Bao, it's not so easy to short a country's currency."
"Moreover, they all have foreign exchange reserves, so short selling can easily lead to liquidation and the account funds being reduced to zero."
Bao Junyi said confidently, "Don't worry. This time we are only shorting the US currency. The US economy is in recession, inflation is high, and their currency, the US dollar, is weak. This is a great opportunity."
"Furthermore, this Middle East war is bound to lead to a reduction in oil production. In the future, prices for oil-related industries in the United States will rise, exacerbating the country's domestic economic problems."
This chapter is not over yet, please click on the next page to continue reading!
Continue read on readnovelmtl.com