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598 The storm rises

Because CBS is an American company, the US media has received the most intense response.

One of the reasons is that this cbs is originally the main source of news, and everyone is familiar with it.

Another is that they just made a big news claiming to have an unprecedented rich mine.

If the content of today's news is consistent with the previous one, then the sensation is much smaller than the first one.

The problem is that the current news is exactly the opposite of the previous news, which must be a sensation.

The most popular news topics of American media are not those that report good news, but those that report bad news, or even one step closer to reporting bad news.

CBS Today's news is full of conspiracy at first glance, and has great potential to dig deep, so it has become the favorite of the media.

Under the leadership of giant media such as cnn and fo, all media followed suit.

The American media reported extensively, and foreign media immediately followed suit.

Compared with the first wave of the American media, it is one minute later.

The Yomiuri Shimbun and Sankei Shimbun, the Japanese island country, used all the media means under their group, especially radio and television stations, to spread the news immediately.

Then there was a lot of scolding.

Because at this time, it was six o'clock in the evening in the Japanese island country, and the securities and futures exchanges were closed. No matter what you want to buy or sell, it was too late.

"Why is this the same again? Why are we always those who can't catch up with the car? What are the causes of these Americans? Why don't they die?"

It is understandable that they feel depressed.

Because of the 80% copper content last time, they only realized after the exchange closed, so they had to watch the American tossing on the other side of the ocean.

Even the London Exchange caught a tail.

It’s their fault in the Japanese island country!

It was difficult to digest the orders that had been placed in the daytime, and then provide other retail investors with opportunities to take their needs.

When the market closed, it finally caught up with the US market level.

Originally, in terms of time, the Japanese island country should have acted 12 hours in advance, and then the US market followed and followed the Tokyo market.

But in this way, the New York market became the first, and the Tokyo market was in line with the New York market.

It’s a chance, and it’s still tolerant, but now it happens twice in a row within a day!

And these two times were completely opposite. The market seemed to be in a state of turmoil, and was walking downhill with great pleasure. Suddenly, a 180-degree turn and began to move uphill!

It turns out that many people follow the trend, and most of them are in this state.

That means, keep going downhill and they make money.

And when they turn uphill, they lose money.

In fact, the people who curse people are these losers. If they make money, they will be happy if they draw ten times.

At the same time, private media led by the London Evening Flag News Group and official news led by the London Gazette all reported this news significantly, and many media directly used the titles of cnn and fo.

At this time, it was exactly 2:00 pm on the London Exchange, which was the peak period for exchange trading.

This news from the United States immediately had a significant impact.

In US dollars, within one minute, the futures market will rise by one dollar!

From $1.5, it made a leaps and bounds to $2.5!

In fact, when everyone decides the price, the situation is not so sure, only 20 samples of drilled holes are tested.

However, the reversal of the trial production trend puts much more pressure on the buyer than it actually is!

Their psychological price positioning has calculated that all 100 drill holes have only 10% copper content.

The market price suddenly jumped to $2.5 per pound, which directly caused market panic!

Including futures and options.

Of course, they are all those who hold short positions.

In other words, they are all people who need to provide futures at agreed prices.

Most of the deal's prices are $1.50 per pound recently.

That is, those who are short positions must still sell them to those who buy the futures and options they sell at a price of $1.5 per pound.

That is, the $1.5 agreement price and the $2.5 buying price are their losses.

A loss of $1 per pound is 25,000 pounds of standard industrial copper, which means a loss of $25,000 per contract.

The price is not a big problem.

The big problem is that there is no goods at all now!

Of course, the futures and options market rarely requires spot prices and performance contracts, but settlement is made on the difference.

But the problem also exists, that is, you must buy the opposite contract now to close the position.

Otherwise, you have to pay the difference.

The current situation is all fools know that a dollar will grow in a minute. In the time after the surface, the space for price increases is very long and profound!

Each contract is worth a thousand gold, who wants to sell it at this time?

In other words, within one minute, the copper commodity in the London futures market completely turned into a buyer's market!

What's even more terrifying is that every contract is available for purchase.

The market has already panic, and this panic has increased dramatically with the seconds!

Because at this time, no one knows how much copper price has risen!

Those who have short positions in Founder must close their positions, no matter how high the price is.

Even if you fight to $100 per pound, you have to buy it. Who asked you to sell it?

Another way is to declare bankruptcy, and all your property will be sold at a low price to pay off your debts.

No matter how high your asset quality is, a dollar can only be sold for one cent.

The cost of repaying debts in bankruptcy is an unbearable burden for anyone who lives honestly, an irreparable loss, or a disgrace to the disgrace.

Therefore, the market panic, even if the market price only increases by one dollar, it will drop to the market with an unparalleled strength and all short positions holders.

According to market statistics, more than three million buyer orders have been accumulated, but there is no seller order.

Three million to 0!

This situation has never happened!

Regardless of the price, no matter the contracts during various periods, all seller orders are white and clean.

During this period, someone tried to sell a contract, ten dollars per pound!

Immediately bought, instantly!

Then, there was a ten-dollar pound, and the remains of silence were also silenced.

Those who placed buyer's orders, when they saw this situation, their moods all dropped to freezing point.

If you can only buy a pound of ten dollars, just use a knife to wipe your neck!

The market panic, although it happened in London, where it was trading, quickly spread all over the world.

It brought this panic to them and caused a chain reaction.

Then it fermented into larger-scale panic and also produced cross-infection.

I won’t talk about Tokyo, buyer orders in New York, USA have accumulated to 5 million contracts!

(To be continued.)

ps: genuine.
Chapter completed!
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