Extraordinary Genius

Chapter 1682: Start making money (4/5)

This time, Feng Yulai came to the country and exposed the hidden news of the real estate financial credit companies, which caused the shock of the US stock market.

But in a week, those companies have withdrawn or suspended their trading, and the stock market in the country has stabilized. Even some real estate-related corporate stocks have not fallen much, and driven by the broader market, there has been a rebound.

Although the media began to publicize the subprime mortgage crisis, this incident was obviously suppressed by the attention of another thing, that is, the general 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 circulating in the market.

For example, in some countries, the first term is different, and the time for change is naturally different. It is just a coincidence that they come together. Huaxia is a five-year period, and the country of rice and Russia are all four years.

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

Although the stock market in the country has stabilized, the strong momentum has been curbed. Although the stock market is still rising, the gains are far from being so strong.

There are indeed many people who have worried about the stock market in the country. Now there are people who say that every time a big country leader changes, 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 sky, and there is really nothing in 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, the funds are invested in 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 stock market.

Now that the dollar has depreciated by more than three percent, this ratio does not seem to be high, but to think about the dollar's possession, we know that this ratio is already very scary, 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.

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

Nowadays, the price of crude oil has reached 60 US dollars / barrel, which has increased by 10% compared with the price that Feng Yu bought at the beginning!

It seems that the 10% is not high, but they also use twice the leverage, the highest leverage of five times, and the huge amount of their funds has already made them have a lot of profits.

However, this figure did not satisfy Feng Yu.

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

At this time, the country is still playing Tai Chi with Saudi Arabia. They neither say that they want to reduce imports from Saudi Arabia, nor do they continue to support Saudi Arabia as the boss of the crude oil market.

To put it bluntly, this matter must be handed over to the next political axe.

Saudi Arabia is also waiting for the attitude of the country, especially waiting for 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 ope member states. Not only do we make money in 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 began lobbying among member states, especially if they wanted to convince Saudi Arabia. As long as the boss agreed, then 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 ope, 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 ope 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.

......

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