Extraordinary Genius

1677. Chapter 1677 begins to make money (4/5)

This time, Feng Yu came to the country and revealed the hidden news of the real estate financial credit Corporation, which caused the shock of US Stockmarket.

But in a week, the Corporations have withdrawn or suspended their trading, and the country’s stockmarket has stabilized. Even some of the real estate-related Company stocks did not fall much, and under the influence of the broader market, there was a rebound.

Although the media began to publicize the subprime crisis, this incident was obviously suppressed by the attention of another thing, that is, the presidential election of the country.

Or at this time, many big countries are carrying out the handover, and rumors are also a routine. That is, everyone will change the term, and then no one will be confused by the other party’s election. After we change the term, we will make friends again.

Of course, this is not absolute. Feng Yu thinks this is just a gossip that has been circulated.

For example, some countries have different meta-offices, and the time of change is naturally different. It is just a coincidence that they come together. China is a five-year period, and Rice and Russia are all four years.

Of course, the two world powers of the United States and Russia are enough to attract the attention of the world.

Although the stockmarket in the country has stabilized, the previous surge has been curbed. Although stockmarket is still rising, the gains are far from being so strong.

There are indeed many people who are worried about the stockmarket in the country. Some people now say that every time a big country is changed, it is a reincarnation.

Because of policy adjustments, or other reasons, there are always some industries that are affected, so it is inevitable that it will affect the financial market.

All kinds of rumors are flying all over the place, and there is really nothing about Feng Yu. Even if he wants to put a message, he will put some real news and let him know what is going on.

The impact of various reasons, plus Feng Yu and Soros have begun to enter the crude oil futures, and some people have seen that gold seems to have the momentum to rise again, so many investors put their money into the futures market, mainly to buy crude oil. And gold.

When the Fed cut interest rates and the market continued to sell dollars, the dollar began to depreciate slowly, and many people have already exchanged dollars for other products.

And because of this, it pushed up the stockmarket.

Now that the dollar has depreciated by more than 3%, this ratio does not seem high, but to think about the dollar’s possession, we know that this ratio is very terrifying, and the assets of many countries have evaporated an astronomical figure.

The dollar is still slowly falling, and it has not stopped falling. It seems that there is no plan for the Fed. This has prompted the financial market to become more prosperous, and many people who have never bought financial products before have now begun to buy.

In this case, Feng Yu, Soros, Fu Rongqi, and Professor Liang are also constantly trying to pull up crude oil, and the price of crude oil has really started to rise.

Today, the price of crude oil has reached $60/barrel, which is 10% higher than the price that Feng Yu bought at the beginning!

It seems that 10% is not high, but they also use twice the financial leverage, the highest use of five times the financial leverage, coupled with their huge amount of money, has already made them have a lot of profit.

But this figure did not satisfy Feng Yu.

Until now, only Iran has unilaterally announced that crude oil production will be reduced, and other OPEC members are called upon to respond, but unfortunately there is no response at all.

At this time, the United States and Saudi Arabia are still playing Tai Chi, they do not say to reduce imports from Saudi Arabia, nor to continue to support Saudi Arabia to do the crude oil market Boss.

To put it bluntly, this matter will be handed over to the next government.

Saudi Arabia is also waiting for the attitude of the country, especially after the election of the new President of the country, they can formally start negotiations.

As for some other member states, they are already very happy to see the rise in crude oil prices. This means that they can make more money this year without increasing production.

With the sale of oil alone, many of them can become developed countries, and they are all rich.

However, there are still countries with more difficulties, such as Iraq and Kuwait. Many countries, like Iran, owe a lot of foreign debt.

Their production capacity is so high, and the later the foreign debt is, the more interest there is. Don’t think that the debt interest between countries will be low. If so, then there must be other interests involved.

So Iran went to other countries to talk about it at this time. Everyone owed so much money. Now that the price of crude oil has risen, it seems that we can pay off the debt in two or three years in advance, but why can’t we use it directly in two or three years? Pay off?

As long as the price of crude oil continues to rise and the price doubles, our goal can be achieved.

This is of great benefit to our OPEC members. Not only do we make money from Iran, but don’t you make money in other countries?

What do you say about those member states that do not lack money? You can choose to cut production.

So it is not a good thing that your underground oil and other energy sources can be mined for a longer period of time and can make your country richer for a longer period of time.

At this time, Iran started lobbying between member states, especially if they wanted to convince Saudi Arabia that as long as Boss agreed, things would be easier.

But at this time, Saudi Arabia is still waiting for news from the country. He can’t answer Iran now. Moreover, Saudi Arabia does not only have oil. They have done a good job in many trades and are much better than other member states.

However, Saudi Arabia is not in a hurry, but other member states have been moved by Iran. Everyone is joining forces and taking advantage of the current trend, it is sure to push the price of crude oil higher, which is in the interest of all their member states.

Saudi Arabia still disagreed and announced a reduction in production. This is not enough. There is no reason to cut production casually. A lot of money, they are all planned, the important thing is that the attitude of the country is not fixed. But Saudi Arabia is not good at blocking other countries. Can’t let other countries listen to Saudi Arabia?

So these members discussed it, we can’t announce production cuts in the name of OPEC, but the countries themselves announced the reduction of production, this is no problem?

Once those big countries are looking for trouble, whoever announces a reduction in production, whoever goes up.

So a second member state announced a cut in production. After the news came out, it caused widespread concern.

What do you mean, is it that OPEC has passed the decision to cut production, or is there a contradiction inside them? However, there is a second country that announced a reduction in production, and it is difficult to guarantee that no third country or fourth country will announce it.

In this way, crude oil production is really likely to decrease.

What that means, means that the price of crude oil will rise.

On the same day, the price of crude oil rose again by five dollars per barrel. Feng Yu saw the news and his mouth slowly tilted upwards.

……