Chapter 249: London Gold (Asking for Tickets)

In the past few days, Fu Rongjin has invested all the funds on hand into the foreign exchange futures market, which is more than 400 million Hong Kong dollars, which is all his liquidity, and the delivery date is two months later.

He dreamed that in two months, the money would multiply and become billions of Hong Kong dollars. Although Fu Guangzheng advised him not to invest so much, foreign exchange futures, it is easy to lose all his money, at least he should consult a more experienced uncle.

But Fu Rongjin just didn't want Fu Rongqi to know, he wanted to be a blockbuster, and he wanted to see Fu Rongqi's jaw drop! As for the reports from the people below, Feng Yu often goes to banks, lawyers' offices and other places these days, and he doesn't care at all.

Does Feng Yu dare to ask a barrister to sue him? This is Xiangjiang, his surname is Fu! Fighting a lawsuit is also a game for the rich, and the poor cannot afford to fight a lawsuit. Although Feng Yu's net worth is good, compared to him Fu Rongjin, it is still far behind!

The arrogant Fu Rongjin underestimated Feng Yu, he had been blinded by the big cake drawn by Feng Yu, if it was Fu Rongqi, Feng Yu's little trick would have been seen through a long time ago.

At this time, Feng Yu went to the London gold market in Xiangjiang, and he was going to make a single London gold futures, which was also the most financial products he had done in his previous life.

London gold, broadly speaking, is the spot traded gold stored in London, and is also a trading product provided by the London International Financial Futures Exchange, which is a 99.5% purity 400-ounce gold brick (about 12.5 kilograms) stored in the underground vault of London.

London gold trading, no need to withdraw physical gold, there is no freight, inspection, storage, identification and other steps, the investment cost is less than the physical transaction, and the leverage is very large, can be as high as 100 times leverage, in the black market even 500 times leverage, which also allows investors to make reasonable use of funds, to small broad.

Another good thing is that London gold is traded 24 hours a day, there is no market suspension, and it can even be traded on the same day. If you buy it on the same day, you can sell it on the same day. It can be said that London gold is the most active and popular "money-making tool" in the gold trading market.

Feng Yu borrowed this money from the USSR. It has all been converted into US dollars, deducting the handling fee and the exchange rate difference, Feng Yu now has about 490 million US dollars in his hand, and he is ready to invest all in London gold.

As soon as Feng Yu entered the London gold market in Xiangjiang, a group of financial brokers came to Feng Yu. handed out their business cards, hoping to manage Feng Yu's account on their behalf and earn commissions.

Of course, Feng Yu refused them all, just kidding, my brother is also a professional, and he needs your agent? Besides, even if I am looking for an agent, I already have a target candidate, which is the banner man of the future Xiangjiang gold futures market, as if that person is the one who has made a fortune in London in the past two years.

Feng Yu took a look, and the current gold price is three hundred and seventy US dollars per ounce. That's a drop from the high of $412 an ounce at the beginning of the year. And the Soviet Union was driving up the price of gold at this time, because the Soviet Union was one of the main exporters of gold in the world at this time, and they made money selling gold.

Ten years ago, the Soviet Union still relied on industry to make money, and in the past ten years or so, industry has declined sharply, and it has begun to continuously sell gold, oil and other minerals as the main income of the country. From this point of view, the collapse of the Soviet Union has become unstoppable.

Feng Yu remembers that in the past two years, the price of gold has been falling under the vigorous suppression of the Mi consortium led by Vantaa. It seems that the time started in October this year, and Feng Yu can't remember the specific time.

But at least by the end of September, the price of gold will rise, and it should rise above $390 an ounce.

A twenty-dollar spread, nearly a $500 million margin. With low leverage, it is enough for Feng Yu to make a lot of money.

Feng Yu quickly opened an account, and then began to place orders, buy at the current price, sell at the limit price, and the selling price ranged from $380 to $390, that is, when this price was reached, it was automatically sold, and the funds would be credited to Feng Yu's account after deducting the handling fee.

In this way, multiple transactions can reduce the risk. The price of gold fluctuates every day, and even the price fluctuates more than ten dollars per day, if it is high leverage, if you are not careful, you will lose money, Feng Yu has no time to keep staring, and scatter into multiple orders, which is the safest.

Feng Yu bought at different windows at different amounts, with a minimum of $1 million and a maximum of $10 million.

For several days in a row, Feng Yu kept placing orders, but it seemed that he had not delivered them once, and Feng Yu was so crazy about buying that it attracted the attention of many people.

Who is this young man, who has come every day these days, and it seems that he can be seen at night, and he has placed a lot of orders. Even if it's just the lowest lot, that's a lot.

However, it seems that it should be a retail investor, and some retail investors also came over, wanting to chat with Feng Yu, analyze each other, and see what the other party thinks, whether this London gold will continue to fall, or rise again.

It's a pity that as soon as he spoke, Feng Yu opened his mouth in English, and he didn't seem to understand their Cantonese, could it be from Scotland? But listening to his accent, it doesn't seem to be British. Although Feng Yu speaks English, it is not a London accent, and Feng Yu learns American English, with a slightly different pronunciation.

Feng Yu kept chatting with them to see if there were any other talents besides the awesome man in his previous life. Xiangjiang can be regarded as the financial center city of Asia, and there are naturally many people who do finance, and the more people who do it, the greater the possibility of talents appearing in it.

After chatting for a while, Feng Yu was a little disappointed, he should be a real person, he didn't want to communicate with other people, and he wanted to make a fortune in a muffled voice. These people who came to talk to Feng Yu either didn't say it on point, or analyzed that gold would fall wildly in the short term, and Feng Yu didn't see anyone worthy of his solicitation.

After investing all the dollars in London gold futures, Feng Yu called Fu Guangzheng to say goodbye, intending to return to Bingcheng.

Knowing that Feng Yu had already gotten on the plane, Fu Rongjin asked the subordinate who had been staring at Feng Yu: "What has this kid been doing these days?" ”

"He went to the London gold exchange."

"What? London gold trading market? Hmph, he can really go shopping, futures exchanges, joint exchanges, he is here to inspect our financial market in Xiangjiang? Hmph, interesting. ”

Fu Rongjin was a little unimpressed, he heard Fu Guangzheng say that Feng Yu likes to invest in stocks and bought a lot in the mainland. Fu Guangzheng also bought some in the mainland, and told him a few days ago that he had made some. What's the matter, this is because I think that the mainland stocks make less money, and I want to see the stock market in Hong Kong?

Although the stock market in Xiangjiang can't be said to be too bad, it is not good, and inexperienced people will go in and wait to die.

Fu Rongjin tasted champagne, Feng Yu's news is really accurate, it's only been a few days, the exchange rate of the ruble has risen slightly, and the two-month delivery set by himself may really rise to 0.5:1 after two months, with his own high leverage, he can have at least ten times the profit, 400 million Hong Kong dollars, can become 400 million!

Four billion in cash, Fu Rongqi does not have so much. In the future, I, Fu Rongjin, will be the head of the Fu family! (To be continued.) )

PS: There is a more change in the evening, around ten o'clock. Thanks to the five elements for the reward.