Extraordinary Genius

This time, Feng Yulai brought out the hidden information of real estate finance and credit companies, causing a shock in the US stock market.

But over the course of a week, the companies left the market or stopped licensing, and the US stock market stabilized. Even some real estate-related corporate equities have fallen less sharply and, driven by large volumes, there are new seedlings of recovery.

Although the media began to propagate the subprime mortgage crisis, it was clearly suppressed by another matter, namely the US presidential election.

Or at this time, many big countries are taking turnovers, and rumours are that this is a well-established route. We'll change the term together, and then no one will mess with each other's elections. We'll change the term and make friends again.

Of course, it's not absolute. Feng Yu thinks it's just a little news from the workshop.

For example, some heads of State ~ tenure of office are different, and the timing of the change is naturally different. It is just a coincidence that they arrive together. Huaxia is every five years, and the US and Russia are every four years.

Of course, the two great world powers, the US and Russia, together, are enough to attract the world's attention.

Although the stock market in the US has stabilized, the previous strong upturn has been halted. Stock markets are still rising, but they are far less strong.

And it is true that there are many people who are worried about the stock market in the US, and it is now said that every time the leadership of a major country changes, it is a round.

For policy adjustments, or for other reasons, there are certain industries to be affected, and inevitably financial markets.

All kinds of rumors are flying. There's really nothing wrong with Feng Yu. Even if he was going to give the news, he was going to give it some real news. What's wrong with rumors?

The effects of various reasons, combined with the fact that Feng Yu and Soros both began to march into crude oil futures, and some saw that gold also seemed to have a momentum to rise again, so many investors invested in the futures market, mainly to buy crude oil and gold.

The Federal Reserve rate cuts, coupled with the constant sale of the dollar on the market, led to a slow start in the depreciation of the dollar, which has already been swapped by many for other products.

And that's why it pushed up the stock market.

Now that the dollar has depreciated by more than three percent, it doesn't seem like a high percentage, but if you think about the dollar's holdings, you know it's already horrible, and the assets of many countries, evaporate an astronomical figure.

The dollar is still falling slowly, and the downturn has not stopped, and there seems to be no plan on the Fed's side. And this has led to more prosperity in the financial markets, and many people who never bought financial products before are now buying them.

Under these circumstances, Feng Yu, Soros, Fu Rongqi, Professor Liang and others are also constantly trying to raise the price of crude oil. The price of crude oil is really starting to rise.

Today, the price of crude oil has reached $60 barrels, which is 10 percent higher than the price Feng Yu originally bought!

Ten percent doesn't seem to be that big, but they've used at least twice as much leverage, at most five times as much leverage, and with the huge amount of money they have, they've made a lot of profit.

But that number didn't satisfy Feng Yu.

Until now, only Iran has unilaterally declared a reduction in crude oil production and called on other OPEC member States to respond, unfortunately not at all.

Meanwhile, the US and Saudi are still fighting Tai Chi, neither saying they want to reduce imports from Saudi Arabia, nor continuing to support Saudi Arabia as the boss of the crude oil market.

To be clear, this matter will be left to the next political axe.

The Saudi side is also waiting for the attitude of the US, especially when the new US president ~ president is elected, before they can formally enter into negotiations.

As for some other Member States, they were already happy to see the price of crude oil rise, which meant that they could make a lot more money this year without having to increase production.

By selling oil alone, many of them can become developed countries, each rich in oil.

But there are still more painful countries here, like Iraq, Kuwait and so on. Many countries, like Iran, owe a lot of external debt.

The higher their productive capacity and the later they repay their external debt, the more interest they will have. Do not assume that interest on debt between countries will be low. If so, then there must be other interests involved.

So Iran went to talk to other countries at this time, and everybody owed so much, and now that the price of crude oil is up, it seems that we can pay off the arrears two or three years in advance, but why can't we just pay them off in two or three years?

As long as the price of crude oil continues to rise and the price doubles, we can achieve our goal.

This is of great benefit to us as OPEC member States. We're not the only ones making money in Iran. Aren't the rest of you making money?

What do you say to those Member States that are not short of money? You can choose to cut production.

Isn't it a good thing that your underground oil and other sources of energy can be exploited for longer periods of time and make your country richer?

At that time, Iran had begun lobbying among its member States, especially as they wanted to convince Saudi Arabia that, with the boss's consent, things would be fine.

But Saudi Arabia was still waiting for news from the US, and it was impossible for him to reply to Iran now. And Saudi Arabia has more than just oil, and they are doing well in many trades, much better than the rest of the membership.

However, Saudi Arabia was not in a hurry, but other Member States had been moved by Iran, and it was in the interest of all of them to join forces to push crude oil prices higher in the current trend.

Saudi Arabia still disagrees with the announcement of a reduction of production, which is not possible, there is no reason to cut production at random. A lot of money, they have a plan, and what matters is the uncertain attitude on the part of the US. But Saudi Arabia is no good in stopping other countries. Can't we just let the rest of them listen to Saudi Arabia?

So these member countries talked about it, and we can't announce cuts in the name of OPEC, but the countries themselves announce cuts, that's all right, right?

Once the big countries are in trouble, who announces a cut in production, who goes up on their own.

The news of a second Member State's announcement of a reduction in production has given rise to widespread concern.

What does that mean, OPEC has already adopted a decision to cut production, or is there a contradiction within them? However, a second country announced a reduction in production, and no third or fourth country did.

So there's a real possibility that crude oil production will decrease.

What that means is that the price of crude oil is going up.

On that day, the price of crude oil rose again by five dollars, and Feng Yu saw the news, and the corner of his mouth slowly rose.

……