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“The opening price of advanced copper futures is 0.8325 USD pounds!”

“Aluminum futures open at 1.6815 USD pounds!”

Song Yang said joyfully in the Galaxy Asset operating room.

Although the Boss himself is here and can also see the data, he still likes to read the data.

These cold data are so cute to him. His heart seems to follow these data fluctuations. Every time the data beats up, his mood gets a little excited.

“Compared to the closing price last weekend, advanced copper futures jumped 5.98% at the opening, and aluminum futures jumped 5.78% at the opening.”

“It’s quite reasonable to depress it for 2 days and it broke out to this extent. Keep your mind steady. It’s still early days!”

Xia Yu smiled slightly, neither fast nor slow said.

His voice seemed to have a magical power, so that Song Yang’s original excitement was smoothed, and the smile on the latter’s face slowly faded, took a deep breath nodded: “You are right.”

After a few seconds of silence, Song Yang disabled to bear curiously asked: “Boss, when will we start to retreat?”

Xia Yu’s gaze withdrawn from the rising data, glanced at Song Yang, thought for a moment and said: “No hurry, Wall Street capital is still entering the market, they will not leave without making a profit, and wait and see for another 2 weeks. when the time comes wait for the opportunity to act.”

Although the market is messy now, Xia Yu is like a bright mirror, looking through the chaotic market and seeing the most essential things.

The capital market is a game of big fish eating small fish. Players of all sizes are flooded with it. Generally speaking, big fish eat small fish and small fish eat shrimps. But there is no absolute thing, it is hard to guarantee that the small fish will not turn into a shark instantly.

In the early stage, the longs headed by Galaxy Asset and the shorts headed by Philip Brother Company have piled up the gambling table with hills of USD.

Now, various financial institutions are pouring into it, making the USD on the gaming table more and more.

Now no one can tell when the gambling will end. Maybe everyone is lucky enough to try to laugh until the end and get more benefits.

As the prices of advanced copper futures and aluminum futures become higher and higher, there will definitely be conservative institutions exiting, and institutions that are originally calm but jealous will come in.

In this game of drumming and passing flowers, the losers and the final takers will die, while the former Middle-Stage and mid- and late-stage institutions will make money.

It’s just that the former Middle-Stage exited institutions will certainly not make as much money as those exited in the later stages.

If you want to make more money, you must take greater risks. Risks and benefits are always proportional.

However, no matter how these institutions play, Xia Yu cannot be bypassed, and the initiative is held in Xia Yu’s hands from beginning to end.

Only when he starts to clear the position, the gambling will begin to be turbulent, unless a more powerful dealer than him is re-launched in order to maintain the gambling again.

According to statistics, including Galaxy Asset, Japan Jiuding Securities Ltd., London Bright Fund and other companies, Jiuding Consortium’s global copper futures and aluminum futures contracts have accounted for more than 50% of the market.

Counting the two allies of the Howard family and Sumitomo Corporation, the Xia Yu camp has controlled more than 2% of futures contracts in the global market 60, and maybe even 5%.

Although it is not comparable to the Peak data of the 100/90 global contract of silver futures controlled by the Hunter family, combined with the amount of spot controlled by Xia Yu, the influence is not bad, or even worse.

In the past, the Hunter family manipulated silver futures and was limited by capital, mainly playing low-cost futures contracts. The control ratio of the spot was quite low, only a few hundredths. Therefore, when the spot market is chaotic later, it will lose control and thus Destroy the futures market.

With lessons learned, Xia Yu is much more cautious.

Now he just ordered people to buy the spot, he spent more than 5 1.5 billion USD, bought 100-120,000 tons of copper and 100 34 10000 tons of aluminum.

Although these metals are still in the warehouses of various mining companies, the spot trading contracts have been signed, and these metals have belonged to him. I believe no company dares to take the risk of facing the threat of huge liquidated damages.

time like a white steed flitting past a crack, 2 weeks in a blink of an eye.

On Monday, the stock market opened on time.

Unsurprisingly, the advanced copper futures and aluminum futures still opened up and the prices reached 1.2145 USD and 2.4680 USD respectively.

The prices of these two futures have more than doubled before Xia Yu long selling, and the market has become extremely crazy.

The futures market is always ten times 10x leverage. If an institution successfully entered the market two weeks ago, if it had spent 2 million USD as a margin to enter the market, the floating profit has now reached at least 20 million USD, which can be said to be more than 90 times the profit!

There are not many financial institutions with annual profits exceeding 200000000 million USD, even in New York.

Consider the original Phillips Brother company with a market value of 4 more than 1 billion USD, and its annual net profit is less than 300000000 million USD.

Therefore, in the face of such crazy profits, not many organizations can remain calm.

This is a carnival of wolves!

It’s just that the shorts headed by Philip Brother Company are going crazy. Under the skyrocketing futures prices, they have to continuously replenish the margin and join the scramble to force the closing position.

Before short positions were selling contracts, now if you want to close position, you need to buy back an equal amount of futures contracts.

Although it is a forced closing position, in the face of an already crazy market, every single sell order is like a piece of delicious meat, attracting countless wolves to snatch it. It is difficult for the Philip Brother company to win the contract if it wants the closing position.

Philip Brother Company sold too many contracts before, and now I want to close position, difficult as ascending heaven.

In view of this situation, Philip Brother Company has to adopt other methods, such as acquiring spot contracts, and then looking for institutions that want to cash in futures, and convert the spot contracts into futures contracts for closing position.

This approach has further promoted the soaring of spot prices.

Although major mining companies are still continuously producing metallic copper and metallic aluminum, they are still in short supply in the face of broad market demand.

When the market is closed on Monday morning.

Seeing that the stock price of Philip’s Brother Company was fixed at 8.25 USD and the market value was 12.37500 million USD, Xia Yu laughed.

Although the Philip Brother Company has been covering the lid to prevent the leakage of real data, there are too many elites on Wall Street, and the loss of the Philip Brother Company has been estimated.

Conservative loss of 1 billion USD!

This is the estimation of Philip Brother Company by many organizations, and the result of this estimation has been unanimously approved by the majority of organizations.

With such a huge loss, the shares of the Philip Brother Company have become junk stocks. Now the market is full of sell orders, that is, no institution dares to buy.

Even if it fell from 41.73100000000 million USD at the most peak to 12.37500 million USD now, the market value will soon break through 3 billion USD, and the downward trend still cannot be contained.

Calculating carefully, Jiuding Securities Ltd.’s short selling Philip Brother company has achieved a floating profit of 600 million 30 million USD!

And this is not the end. As long as Philip’s brother company stock price drops lower, Jiuding Securities Ltd.’s short selling profit will be greater.

However, Xia Yu is not too greedy and knows how to stop.

“Toby, when the market value of Philip’s brother company drops below 1 billion USD, start doing it. Just buy enough equity shares to repay the gambling institutions. There is no hurry to buy the bottom.”

Withdrawing her sight from the fixed price, Xia Yu instructed Toby Morton on the side.

Toby Morton was taken aback, looking at Xia Yu’s deep gaze, thinking about 1000 times in his mind, nodded responded: “Yes!”

“I’m leaving now, and you are almost off work.”

After that, Xia Yu turned and left.

Watching the silhouette of Boss Xia Yu leaving, Toby Morton was meditating, trying to figure out what Boss really thought.

“Didn’t the Boss want to acquire the Philip Brother company? Has it changed its mind again?”

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