Reborn in Hong Kong: The Tycoon Grows Up

Chapter 235 Gold and Silver Futures Returns

After only one day at MIT, Bao Zixuan brought his people to New York. This time he only planned to stay in New York for one day, and then he would go to Chicago, the world's largest futures trading market.

All gold and silver futures positions in New York have been closed. Since this is only a small part, the final return depends on the situation in Chicago. After seeing the arrival of the boss, many people were very excited. This young boss once again proved his vision, and his acumen in the financial field would be inferior to anyone else.

After checking that there was no problem, Bao Zixuan came to Chicago. This is the most intense moment of war between bulls and bears, with billions of dollars being traded every hour. Both sides can only hold on, after all, if whoever gives up first is likely to be unable to recover. This is an operation that no one dares to make any mistakes. Once you make a mistake, you can basically say goodbye to the profession of financial manager.

Seeing Bao Zixuan coming over, Clay Clark stood up and said: "Boss, the trading volume between longs and shorts has increased sharply today. It is estimated that it is almost time for the decisive battle. The positions in New York have been closed, but it is too big in Chicago." A lot. It’s difficult to close out all the positions and sell them if you don’t want to cause market fluctuations.”

Bao Zixuan: "This is up to you, but we will never make the last penny. Such a risk is not worth taking. You should pay attention to your own discretion. I will only give you two days. We still have things to do next."

Although the boss didn't care about specific matters, he never doubted the vision of this young boss. They began to sell gold and silver futures with all their strength. Now that the bulls saw such a large amount of selling, they knew that some institutions wanted to cash out and leave. However, the Henk family is now red-eyed and has borrowed another sum of money from the bank to collect enough funds. Fortunately, the Middle Eastern royal family strongly supports it. Blackstone Fund's selling shares were quickly absorbed by it.

Bao Zixuan stayed in Chicago like this for a week, saying that the selling was completed in two days, but Blackstone Fund had so many long orders that it was impossible to sell them all in two days. The market simply did not have that much purchasing power.

This is how Blackstone Fund made a lot of money. At that time, Blackstone Fund only spent 1 billion US dollars to do long gold and silver futures. When we first entered the market, the price of silver was US$18 per ounce; the price of gold was US$400 per ounce. The closing price of silver is now $48 per ounce. Gold futures prices reached $750 per ounce.

It can be said that the profits are very generous, using futures trading driven by leverage, excluding handling fees and interest. The Blackstone Fund made a total profit of US$5 billion, another big win. At the moment the closing ended, the whole room erupted in applause and cheers.

Clay Clark: "Boss, this time we have made more than 5 billion US dollars in profit. All of it has been received. What should we do next?"

Bao Zixuan: "Start shorting. Now there is not much potential in the long market. We don't use leverage, so we use our free funds to go short."

Clay Clark now unconditionally obeyed the boss's words, and immediately began to arrange for the first person to turn their guns and start short selling.

Originally, the liquidation of Blackstone Fund's positions had overwhelmed many parties led by the Henke family, and now the former allies have begun to deal with themselves. It can be said that it became the last straw for many parties.

The BY market began to suffer, and the price of silver began to plummet just one day after it reached 50 US dollars per ounce. It only took 2 days for the price to go from $50 to $45, and only 1.5 days for the price to go from $45 to $40.

Fortunately, it is the market closing time, otherwise the long side would be unable to fight back. Over the weekend, the Henke family was discussing countermeasures with Middle Eastern investors.

John Henke said to everyone: "Our investigation found that the Blackstone Fund was selling heavily in the market before. They betrayed their trust at the most critical moment, which is not the most irritating. Then they turned their guns and started shorting. What happened I won’t let them go when it’s over.”

Said is a member of the Middle Eastern royal family and is mainly responsible for the family's investments in the European and American markets. They also know that oil will be mined sooner or later, so many members of the Middle Eastern royal family began to invest in Europe and the United States on a large scale, and Said was their agent.

Said said: "Now is not the time to investigate who is right and wrong. What are your plans next? Or how should you deal with the next situation."

John Henke: "Mr. Said, we need more financial support. At least more than 5 billion US dollars are needed, otherwise we will not be able to cope with the next situation."

Said was a little angry when he heard that so much money was still needed. These people really think that our money is brought by strong winds, and even if oil is making money, it cannot afford to be so spendthrift.

Said: "I want to ask for instructions from the country, but first we need to know who the main opponent is, when did this Blackstone Fund appear, and who is behind it."

John Henke: "Blackstone Fund should be Bao Zixuan's company of Black Cloud Group, and the current manager Clay Clark is a manager of Hawkins Fund before. He was poached by Bao Zixuan and is now the president of Blackstone Fund.

Said: "You said it was a company owned by Heiyun Bao Zixuan. What can you prove?"

John Henke: "I have confirmed from several aspects that this is not wrong. But now all the staff of Blackstone Fund are conducting closed operations, and even their families have not seen them for a long time."

In fact, these oil families in the Middle East have always wanted to invest in Heiyun Group, but they were all rejected by Bao Zixuan. In Bao Zixuan's mind, Heiyun Group will not accept any investment in the future, and may only have one shareholder, and that is the Bao Shi family.

At this time, Said suddenly thought that his niece seemed to have some friendship with Bao Zixuan. Then he said, "Can you invite Bao Zixuan out and let's talk to him? After all, it's better to be friends than enemies."

John Henke: "It's probably difficult. None of us have any friendship with him. People may not necessarily buy our reputation. On Wall Street, Phil Hawkins may be the only one who has close contacts with him, but this time the Hawkins Fund also has a close relationship with him." It belongs to the short side, but it’s just not big.”

Said could see that how powerful the Henk family always boasted about themselves, but they were still not enough at critical moments. Now I have to resort to salad.

That's right, Miyuki Matsushita's roommate at Boston College, Sarah, is Said's biological niece. Said can only contact Bao Zixuan through Salad now. After all, this is one of the few opportunities, and even if the negotiation fails this time, at least it is considered acquaintance, and there will be many opportunities for cooperation in the future. The royal family members in the Middle East are still very discerning. They hope to make friends with heroes from all walks of life.

As long as oil is still being mined, they can make back whatever money they lose. Compared to Bao Zixuan, a technological upstart, the Henk family is nothing. You can abandon it at any time. As for the money you invested before, you can only admit losses.

But John Henk didn't know this, and even if he knew, there was nothing he could do about it. He is just an ordinary family member in the United States. No matter how courageous he is, he will not detain a member of the Middle Eastern royal family. He is not qualified to serve as an adviser to the other party's friends.

At this time, John Henke could only blindly please Said, although he was not very willing in his heart. However, he could only do what the family told him to do. Who made the other party be the financial backer of the family? To be honest, he didn't like Said, the second-generation master. Apart from his family's oil production, he didn't seem to have much to offer.

In this way, both parties negotiate together with their own thoughts, and everyone has their own purpose. It's just a tacit understanding. Waiting for whoever can't help but take the lead in showing off, that's when it's time to fall out.

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