Extraordinary Genius

Chapter 1689 All Bullish (Subscribe Request)

OPEC announced a collective reduction, which was unexpected by most.

Of course, Feng Yu knew this would happen a long time ago, and big countries such as the US and Huaxia, also analyzed this possibility through some political ~ political developments, but didn't expect it so soon.

As soon as the news came out, the price of crude oil stopped falling and started to rise wildly, returning to a high of $95 that day.

Kirilenko was blaming those agents at the moment: "See this news? You know what that means, right? You're all professionals. Who's gonna explain this to me? ”

No one said anything, and they had no idea that OPEC had announced a collective reduction in production by all its member States!

Why hasn't there been anything like this before?

When Iran announced the cuts at that time, you and other countries, such as Saudi Arabia, did not say anything, even say whether the crude oil production had been cut, something related to the national economy.

How long has this been going on? Why did you suddenly take the lead in reducing production? There are no signs.

“You're all experts in finance, some of you are university professors. It's understandable that you're very good at your field of expertise, and some of you have your own arrogance. ”

“But don't be too arrogant when you can hear advice and opinions! Don't think nobody but you is worth mentioning. How dare you question Feng's decision? ”

“What did I tell you at the time, Feng personally assured me that the price of crude oil would rise by more than a hundred dollars, even more than a hundred and twenty dollars, or a hundred and forty dollars. ”

“What about you, what kind of expression do you have on your face when you hear this? You didn't say anything. You didn't question Feng's words, did you? Do many of you still think that Feng is the luckiest man in the world? ”

“Now what? Do you still think so? Who else believes that the price of crude oil cannot cross the $100 line? ”

After that, no one dares to fight.

OPEC announced a reduction in crude oil production, so crude oil prices would also rise based on a simple supply and demand relationship. Not to mention, when this news comes out, there are bound to be a lot of syndicates pounding over like cats smelling bloody.

Not to mention that the price of crude oil has exceeded $100, even $120, which is likely to depend on when OPEC returns to normal production.

As for Kirilenko, they also said that Feng Yu's analysis of crude oil prices could even break the $140 line, which, although skeptical, they were afraid to make any further remarks.

Feng Yu, the name of the financial god, is truly famous. Did you analyze this a year ago?

Specifically, they also know what kind of shale oil is being made in the US, to the detriment of OPEC. And this technology of shale oil, it was said a few years ago, but nobody has ever taken it seriously.

Even when the US announced a major breakthrough in technology some time ago, they did not think about it. From this point of view, their analytical skills are far less than those of Feng Yu.

After Kirilenko reprimanded his subordinates, he gave them some reassurance. After all, they were in good hands and could not change hands at this time.

“In any case, our profits in the financial markets this year will never be lower. By the time of the New Year, each of you will have an extra check so that you can buy some great New Year gifts for your family. ”

“Now, according to Feng, hedging contracts can be reduced, crude oil rise is no longer blocked! ”

……

“Boss, have you seen today's international news?” Juken Miller asked.

Soros's face was ugly, and he thought crude oil would not continue to rise, but should fluctuate constantly between $90 and $100.

Though their strength is enough to ensure that you can make money, you definitely have to hedge a lot and the profits won't be too high. Gold, on the other hand, is different. It is bound to rise constantly in fluctuations, and there is no suspicion that the price of gold will rise by fifty dollars, possibly even more.

But that's when OPEC announced a collective cut in production!

How can they announce cuts in production, how can they agree to cuts in production, US, Huaxia, island countries, etc.? Aren't OPEC worried about the economic sanctions imposed by these big countries?

In Soros's view, these large crude oil-importing countries can accept some increases in crude oil prices, but not more than one baseline. A lot of people thought $80 was the baseline, but then they thought $100 was the baseline.

No one believes, however, that the price of crude oil could exceed a hundred dollars, and many are even convinced that in less than three months crude oil will fall back below eighty dollars and that those big countries will certainly intervene in the market.

But before those big countries could intervene in the market, OPEC made a big move, which was like giving the crude oil futures market a shot of cardio!

Now even the non-financiers know that crude oil is going up.

And they don't know when the OPEC crude oil cuts will end, and as long as this doesn't end, the price of crude oil won't stop rising.

And the reason for the OPEC's announcement of this cut in production, he also knew, was to fight shale oil in the US.

Pressure is now entirely on the US side, and the US is also under pressure from other countries such as Huaxia and the island countries. At this time, when the US economy needs the help of other economic powers, suddenly this happens again, the US economy will certainly deteriorate further.

In fact, this is also a good opportunity for Soros to quickly analyze that the US financial markets could collapse and that the US dollar, stocks, funds, bonds and even futures markets would fall across the board.

At this time, his three-dimensional investment laws were most appropriate, as had happened in other countries, and he pledged to make a large sum of money.

But he's American, and if he leads the way, it won't be easy.

Looking at a good opportunity to make money, he couldn't miss it, so he thought of countries that were more closely linked to the US economy, such as the UK, or island countries.

The financial markets there also had an open policy, which would be of great help to his operations.

But that was a long time ago, and now he has two options, whether to continue investing in gold futures or go back to investing in crude oil futures.

If it's for face, then it's definitely true to insist on gold futures. But obviously, crude oil futures could be more profitable, up by more than 20 percent, or even 40 percent, and with leverage, maybe he could double his profits!

"Jukan, adjust our investment ratio, increase the amount of crude oil invested, reduce investments in gold, stocks, etc.," Soros said. Keep an eye on the island's financial markets, and our next step is to make some money over there! ”

……