City: I Can Inherit Wealth
19 : Fifty times leverage, buy futures soybeans

Young Mast

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Inside Jiankang Garden Villa No. 2.

Lin Feng sat at the head of the table, quietly sizing up the twenty finance elites in suits and leather shoes. A faint smile appeared on his face.

"Boss, these people are Ma Zheng, Chen Yang, Xu Donglai, and Yan Ming.”

Mo Xinya quickly introduced.

At this moment, Ma Zheng and the other three bowed and greeted,""Hello, boss!"

"Yes!"

Lin Feng glanced at the four of them and said,""I won't say anything unnecessary. I gathered you here not only to make money, but more importantly, to snatch food from the tiger's mouth.”

"I only have one request, and that is to strictly follow my orders, understand?”

"Understood!"

Everyone present responded loudly.

At this moment, Lin Feng waved his hand. The team leaders distributed the documents in their hands to ensure that everyone had received them.

"Look at the things in your hands. This will determine the success or failure of this operation!”

A moment later, Lin Feng stood up and looked down at them with a stern face."In recent days, the situation in the Middle East has been turbulent and there have been frequent exchanges of fire. It is obvious that all of this is because of the announcement of the increase in troops in Iraq issued by Trump on May 10.”

"Since the beginning of the last century, the M Nation's involvement in the Middle East has never stopped. The Gulf War even affected the international financial market.”

"Recently, the Quantum Fund has gathered a large amount of funds and is infiltrating the oil market through various channels, so I guess they want to speculate in oil.”

"Oil has always been pegged to the US dollar. Once the price rises and falls, the US dollar exchange rate will also fluctuate accordingly. This way, there will be a new storm in the international gold market.”

When the finance staff heard this, their eyes could not help but shine, and their blood boiled.

Compared to the stock market, the futures market was obviously more magnificent. Even the scale of the global stock market could not compare to the futures market.

In terms of risk, a loss in the stock market was just a jump, but a loss in the futures market was a tragedy for a country or even a region.

Many people didn't use leverage when they were speculating in stocks, but when they were speculating in futures or currency, they would often use leverage that was ten times or dozens of times. The fluctuation of one or two points was as thrilling as the sky.

Wouldn't it be like snatching food from the tiger's mouth if they were to make a move on the behemoth, the Quantum Fund?

If it was really as the boss said, then this operation was very likely to be the peak of their lives.

Who wouldn't be excited?

"Before that, we need to quickly expand our capital. Just 1.5 billion RMB, converted into USD, is only a little over 200 million. It's impossible to move the international gold and oil markets.”

Lin Feng's eyes were like torches as he looked around at the crowd. Everyone was shocked and subconsciously sat up straight.

"You can analyze the international crude oil futures and the international gold market, but now, I have prepared 1.2 billion RMB for you to start with soybeans and test the waters.”

"The Industrial and Commercial Bank of China has promised to guarantee fifty times the leverage. Before five o'clock this afternoon, you four groups, each with 300 million in cash, will be divided into different accounts and do your best to buy soybeans for me.”

"No matter what happens, don't stop. Complete the task I gave you.”

"Alright, that's all I have to say. Is there anything else you want to ask?”

Lin Feng let out a long breath and glanced at everyone.

"No more!"

Everyone immediately shook their heads. After all, their boss had even set a goal and direction. If they couldn't even do these well, they would really be making a living.

"Alright, let's begin!"

Waving his hand, Lin Feng didn't stay any longer and left Mansion Number Two. After the four finance teams saw him off, they immediately entered the nervous process of buying soybeans.

In fact, after leaving Mansion Number 2, Lin Feng had a smile on his face, his eyes filled with desire.

This was the first time in his life that he was operating a futures market. It would be impossible for him to not have high expectations.

Today, the main contract of the Dalian commodity exchange (DCC) soybean futures, A2005, opened at 3203 yuan. So far, it had fallen by 80 yuan and had reached 3123.

If he bought at this time, he could hold 1.2 billion RMB plus 50 times leverage.

America's soybean futures were currently at 3900 USD. If his estimation was correct, America's soybeans would definitely plummet today. As for how much they would plummet, he did not know.

However, China's soybeans would definitely soar. Even if it only increased by 50 yuan, with his huge capital, he could earn more than 900 million yuan. This soybean trend would last for a few days, and the profits would be immeasurable.

Over the years, the Americans had been cheating on soybeans and constantly hyped up the international soybean market, earning a lot of money from the country.

The tables had turned. It was time for them to enjoy the taste of losing money.

If the price of soybeans in the United States kept falling, then the futures in the United States would collapse and affect the exchange rate of the US dollar.

At that time, the anxious Americans would definitely target the oil market. Once the Quantum Fund was launched in advance, Lin Feng's chance to make money would come.

Whether he wanted to eat porridge or meat depended on this.

This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]

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