Chapter 285 How can this be
Before Director Huang and Zhu Enbo jumped out, the fat military experts stopped doing it first.
He felt that Sucheng was targeting him, so he said angrily: "I admit that your incomplete theory can make you money. But war and military are not that simple. Iraq is a big country. Even if air strikes cause them to suffer heavy losses, it cannot be said that the war is over. What should you do with your private money is your business, and the country's money cannot be wasted. Director Mao, the war will continue and oil prices will continue to rise."
Fat experts have to bet. His value lies in military judgment. Misjudgment is one thing, and admit defeat is another.
Junbo took the opportunity to say: "I also think oil prices will continue to rise, and I keep sticking to this."
Director Mao actually did not directly participate in this matter. He is a direct leader of the National Reserve Center, but he himself knows nothing about futures, so he looked at Director Huang.
When he was stared at by a group of people, Director Huang was sweating profusely and said cowardly for a while: "I think I can hold on for a while, and hold on for another day."
Su Cheng smiled angry and said, "This is your progress and retreat together? I will persist for one day? Thank God if you can persist for 6 hours."
"Then wait for another 6 hours." Director Huang also changed his words. His idea was similar to that of Zhu Enbo. A war would last for a long time. It would be impossible to end in less than a day. The blitzkrieg was not so fast.
The wrong direction some time ago caused them to lose a lot of money on their books. In order not to cause actual losses, Director Huang owed a lot of favors and raised the current 60 million US dollars. If he couldn't make a little money back, he would be sad in the future. In the view of Director Huang, now is a once-in-a-lifetime opportunity.
Futures, stocks and casinos are the same, and there will never be a shortage of people full of greed.
It is incomprehensible to say to the National Reserve Center. At this time, the more professional a person is, the more self-righteous he is.
Su Cheng still told Director Mao: "Six hours are an extreme state. If the oil price cannot be supported, the National Reserve Center will pay a lot of money, the country's money."
"It is also possible to make a lot of money. If you are a little bolder, you can make tens of millions of dollars." Director Huang did not want to leave a bad impression in front of a group of important officials. Now, Su Cheng had disagreements with him, and he had forgotten all the previous brotherhood.
In my heart, Su Cheng could understand Director Huang. In just less than an hour, the oil price rose to $40. At this time, who would not think about $45? Who would think the oil price plummeted? And it was in just two hours.
This Gulf War was a nightmare for futures traders.
The Gulf War subverted the world's understanding of military affairs and made many military experts look disgrace. But for futures merchants, the Gulf War also subverted their understanding of international oil futures. Military experts' faces are not worth the money, but futures merchants bet with real money.
The Gulf War was simply a butcher knife. It cut off countless heads.
If $1 million is considered a life, the first day of the Gulf War, people were rolling.
However, understanding is due to understanding, Su Cheng does not like the practices of Director Huang and Zhu Enbo. If it were not for selfishness, they could have made correct judgments. In other words, their decisions were not made in a way that was most conducive to the national reserve center, but in a way that was most conducive to themselves...
A decision means a tens of millions of dollars in assets.
Su Cheng can only say: I have no choice but to die!
He no longer has room for anything and simply said: "This is not the first time you have made a mistake in judgment. Now, what your National Reserve Center has done far exceeds your authority. How much has your deposit increased? $40 million or $50 million? Or $60 million? How much is the fund authorized by Director Mao to you? $25 million? What qualifications do you have to say here to persist. If you persist, the National Reserve Center will lose all your money. This time, who will increase your deposit?"
Some things are gone if no one mentions them, such as the National Reserve Center is not qualified to speculate on futures. But since Sucheng has proposed them, Director Mao must pay attention to them.
He knew that Su Cheng was telling the truth, but these were questions that could not be investigated. He wanted to relieve it for a while and asked the fat expert next to him: "Professor Fang, how long do you think the United States and Iran will decide the winner and lose, so that oil prices will fall?"
"It's hard to say. It depends on Iraq's determination to resist. They have not launched missiles yet. If several Saudi oil fields are blown up, the situation will be completely different..." The fat expert felt that he was valued and started to grasp it again.
Director Mao didn't care about what he said, he wanted to gain time to think.
In front of Mr. Zhou and Mr. Su, Director Mao realized that the correct procedure is as important as the correct result. In view of this, he made a decision: "Director Huang, I think what Director Su said makes sense. The National Reserve Center should consider selling orders. Moreover, the National Reserve Center needs to think carefully about its responsibilities and eliminate futures trading with great risks..."
The responsibility of the National Reserve Center is to hedge and use futures to lock in the resources of the national reserves to reduce the risk of the national reserves. Therefore, what Director Mao said is equivalent to canceling the qualification of the National Reserve Center to trade futures. If this qualification is lost, the significance and value of the National Reserve Center will be very different. From an institution that originally had tens of millions of dollars of funds to a public institution that followed the rules and had tens of millions of dollars of funds.
Director Huang was shocked and gritted his teeth for a long time and said, "The National Reserve Center is also considering breaking a path for futures trading. Futures trading is the only way for commodity trading. If we don't participate, other countries will seize our territory..."
In and out of the way, he only explained the futures work of the National Reserve Center and did not talk about orders.
No one present would be unable to hear it. Director Mao could no longer hold his face and forced himself to say, "Since Dahua has already sold orders, the National Reserve Center will also sell orders."
The order is disposal and the value of the National Reserve Center. Director Huang thought about it before and finally shook his head firmly and said, "We believe that it is best for the national interest to persist for more than 6 hours."
Director Huang was in full. His official position, his reputation, and his future were all bet on the rise in oil prices.
He had to do so. In terms of this, he was only one level away from Director Mao. As the director of the National Reserve Center, he has a good chance of competing for deputy director in his current position.
However, if the futures center loses tens of millions of dollars in control and the failed investment a few days ago, Director Huang has very little chance of further development.
Instead of waiting for death, it is better to fight to the death. It is probably why Director Huang is betting now. Duan Yuanguang present is almost the highest level of the economic system, and with Mr. Zhou next to him, his judgment, if accurate, will not only defeat Director Mao, but also Dahua.
At that time, the halo on Su Cheng's head will be stepped on by Director Huang.
This is a typical official tactic. It is not the first time Director Huang has done it.
Director Mao was almost mad and called him: "Huang Renpan, I order you to sell the market."
Director Huang was waiting for this sentence. He thought he was thinking: "You are the deputy director. If you want to order me to sell the market, I will firmly implement it, but I reserve my opinion."
Being ordered to throw the market means reducing the risk in disguise. "Reservation" will allow his bet to continue to take effect.
"Sell the market!" Director Mao didn't want to pay attention to Director Huang. He knew what this guy was doing and Director Mao was very angry about being the background of himself.
Under the suggestion of Director Huang, Zhu Enbo and others began to sell slowly.
Meanwhile, Siucheng ordered: "When the oil price is $41, start shorting."
Zhang Chao immediately repeated: "The current price is US$40.2, shorting at US$41."
Since Director Huang has been on the gambling table, there is no way out. He firmly expressed his opinion: "The oil price will rise all the way to more than $45, and it is not impossible to reach $50. At that time, Dahua Industrial will know that it will be in pain. Not only will it be compensated for all the money you make now, but it will also be compensated for $9 per barrel, which is $360 million. If a mistake is made, Dahua will lose all of it."
As soon as he said this, everyone saw it.
Su Cheng was unmoved and did not even look at the director of the anti-pornography scandal.
Only fat experts cooperated and said: "Iraq still has the strength to do so. Just air strikes cannot cause a devastating blow to them. I am very worried that the Americans will only bomb but not attack. In this case, wouldn't the war continue indefinitely? The oil price is not going to rise to a point, so it would be fine if Director Su threw orders, but shorting would be a suicide."
Mr. Zhou smiled and looked around and said, "I didn't expect that this oil futures market can actually reflect the international situation. We are just free today, so let's see how the results are."
Su Cheng didn't understand: The war in the bay is coming, shouldn't you be very busy? You just happened to have time, so you are too free.
Time walked minute by minute. The information from outside was sent over. After Mr. Zhou saw it, some of it would be handed over to the people below to read.
When Sioux City saw the news that Iraq had launched five Scud missiles and failed to blow up the Saudi oil field, he knew that the long-short showdown was over again.
The fat expert also saw this small note. With his professional vision, he naturally knew what it meant to fail the five Scud missiles at the same time. Out of shame, he did not say it out.
Half a minute later, oil prices briefly reached the peak of $42, and then began to reveal an underline...
Zhu Enbo, who had just sold the order, froze his hands. He had imagined a beautiful possibility. He threw the order himself, and the oil price rose accordingly, and he could accuse Su Cheng of making a mistake in his judgment, and Director Mao and so on... But he had never imagined the opposite possibility.
Did the Gulf War end in two hours?
How can this be done!
Director Huang also wanted to jump from $42 to $38 as the price of oil jumped from $42 to $38.
Director Mao squinted his eyes at Director Huang and others, and smiled and said, "Fortunately, we threw out all the orders for the National Reserve."!~!
Chapter completed!