Super Island Tycoon
Chapter 748: Hole cards
Our current funding is no longer a problem, so feel free to operate!
The news of a large amount of funds once again inspired the spirit of their entire team.
Now they all felt Jiang Cheng's incomparable strength, and they were full of confidence in the next battle.
Soon there was a huge amount of funds on the platinum futures market again
It's just that this time it wasn't from Thoros's side, but Jiang Cheng's effort again.
As these new funds enter the market, platinum futures are volatile again.
This futures war has now become more intense, and the battle has entered a state of focus.
Oliver began to short the platinum futures with the funds allocated to him by Jiang Cheng.
This time he had 30 billion U.S. dollars in funds in his hands. Such a large amount of money flooded into the futures market, causing a huge reaction in an instant.
Continuous shots released a large number of empty orders, so that the price of platinum continued to fall, and soon reached the lowest point this year.
Now the price of platinum is about to fall below the lowest price in history, which has greatly affected the international platinum trading market.
Especially those businessmen who do platinum business, are now constantly scolding their mothers.
The price of platinum fell and their losses were great, and some merchants who sold platinum even went bankrupt.
These businessmen who specialize in platinum business, this time can be said to be innocent.
Originally, the futures war had nothing to do with them, but because of the war in the futures market, it affected the platinum price in reality.
This situation is actually very normal. Every fluctuation in the financial market will in turn affect the real economy.
Lundun Financial City is now filled with the smell of gunpowder smoke, and being in it is like being on a battlefield.
Due to the war in the platinum futures market during this period, the atmosphere of the entire Lundun Financial City is completely different.
The people here are all people in the financial circle. Even if they are not involved in the futures market, they have a clear understanding of this incident.
After all, this is a battle in which both sides have mobilized tens of billions of dollars. It is very difficult if you want to know.
People in the Financial City are now discussing the inside story of this futures war.
Everyone on both sides of this futures war is already clear. One is the myth of the financial industry Thoros and his allies, and the other is Jiang Cheng, the most dazzling young man.
What everyone didn’t expect was that Thoros would be at a disadvantage now.
Now the platinum price has fallen to an extremely low level and will soon reach the lowest price in history.
The current price of platinum means that many parties are about to lose, which means that Thoros has been forced into a desperate situation.
If all futures are settled at the current price, Thoros will lose at least 20 billion U.S. dollars.
All of the 20 billion US dollars that Thoros lost, except for the unexpected handling fee to the exchange, had to fall into Jiang Cheng's pocket.
This is the cruel side of the futures market. After all, futures is a zero-sum game. If someone makes money, someone loses.
If now is the futures delivery date, Thoros can already surrender.
Fortunately, there is still a period of time before the futures delivery date, and Thoros has a chance to turn around.
The delivery date of the futures is the date of settlement of the futures, and then everyone will clear the orders in the hand.
If the price is higher, then you will make money with more orders, otherwise, you will make money with empty orders.
How much money you earn depends on the intermediate price difference. The more the price difference, the more you earn.
If platinum is used to deliver futures at such a low price, Thoros is afraid that he will lose money to his grandma's house.
It's just that there is still a period of time before delivery, and I don't know if Thoros has any other means to come back.
At this time, there was a bleak scene in the office of the Quantum Fund.
These staff members are well aware of the recent situation, and they are now in crisis.
At this time, a staff member is reporting the current situation to Thoros. From his face, it can be seen that the current situation is full of sugar.
Mr. Thoros, our funds are now completely exhausted. The situation on the side of our allies is similar.
If this continues, we will soon be liquidated, and then we will lose completely.
After this period of crazy longing, all the funds in their hands have been exhausted.
However, their opponents have sufficient funds, and they continue to release a large number of empty orders, and there is no sign of the funds drying up.
Now they no longer have the power to continue their offense, they can only watch their opponents continue to suppress the price of platinum.
Thoros was sitting on his favorite chair now, listening to the report from his staff without speaking.
This time Thoros admitted that he had really miscalculated. He did not expect that Jiang Cheng's funds were so sufficient.
He knew the assets of the Universe Umbrella Group were huge, but he didn't expect that there would be so much cash to be transferred.
Generally speaking, a company will not keep too much cash, and the excess money will be used for investment or expansion of the company.
An industrialist like Jiang Cheng could have so much cash. This was something Thoros had never thought of before.
This time, Jiang Cheng put out 60 billion U.S. dollars at a time, Jingran did not affect the operation of the Universe Umbrella Group at all, as if it could still put out tens of billions.
Such bottomless funds made Thoros feel a little scared.
It's not that he can't raise money now. If he is willing to put his face down, tens of billions of funds can still be raised.
It's just that he was afraid that even if he added additional funds, Jiang Cheng would be able to spend several times his money.
Now he is not afraid to continue to invest more, because no amount of money can match Jiang Cheng's side.
But if he just gave up like this, Thoros would definitely not want to.
He has not experienced a 3.0 defeat in the financial field for so many years. It is a shame to lose to Jiang Cheng, a layman.
The most important thing is that he was still crushed to death by Jiang Cheng's funds. This feeling of being humiliated by money is something Thoros would never want to see.
Don't continue to release long orders. Just keep the long orders in our hands. We can't afford to continue investing.
I will think of other ways to see if I can stir up the price of platinum.
Thoros finally reluctantly explained a few words to his men, and then fell into deep contemplation.
He is not ready to take a shot in the futures market now. He wants to defeat his opponent in other ways.
This is Thoros's backhand, and now Jiang Cheng has forced Thoros to use the last hole cards.
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