Chapter 278 Honor and disgrace

The time has been infinitely lengthed.

Short and long.

For many people, London's oil prices range from $34 to $30 in a few minutes, as long as $30 to $34 in a few days.

The traders on both sides staggered out the latest data like artillery rangers.

"$30.20 in London."

"London fell 10 cents."

"New York is $30.50."

"Tokyo is $30.30."

"London! London is $29.6. London fell below $30!"

The traders in the hall stopped for a very short time, which was almost imperceptible. It was a wonderful feeling, as if they had witnessed the end of a battle.

Hearing the offer of $29.6, Zhu Enbo sat back in the chair and collapsed. I can't see all the mood a few days ago.

"Zhu Chu, the bank asked for an additional deposit, is there an additional deposit?" The deputy did his duty and roared in Zhu Enbo's ear. No, it can't be like this. The villa is already noisy like the front line.

The market is the most cruel environment. It doesn't care about your ideals, your vision, or your future... Tragedy and sacrifice can't get any sympathy, and you can only lick the wound alone.

Zhu Enbo was so confident that "I'm right", so when the crash came, he also fell down first.

This is not a family. This is 25 million US dollars of state reserve funds, which is the state's money. In RMB, it is worth more than 200 million yuan and can buy a state-owned enterprise with thousands of people. Just two days. It's not too much to say that this kind of mistake is equivalent to a large enterprise!

"Zhu Chu!" The deputy almost shouted close to Zhu Enbo's ear, "If there is no additional deposit, the position will be burst."

Zhu Enbo's little eyes trembled, accompanied by a long breath and said, "Add it."

He doesn't have much choice. He has added a deposit and a chance to turn it back, if the oil price rises again. He is still a $200 million plate. If there is no additional deposit, it means a real loss, a loss of 5 million or a loss of 25 million. What's the difference? His monthly salary is less than 1,000 yuan, and he can't pay it back for three generations.

The deputy asked him to sign the document, and then stumbled to find Director Huang to sign it.

Director Huang also stood on the spot. Looking at the State Reserve Center and the traders of Dahua running crazily like drugged mice...

Then, he recalled what he said to the four young people not long ago: "The futures market is changing, and only a few people can seize the opportunity. When I was young, I didn't dare to think of such a good thing!"

It's really changing, but it's not a good thing!

Director Huang signed the document as if he had accepted his fate, as if he had signed his critical illness notice.

There are still millions of dollars in cash in the account of the State Reserve. The originally abundant funds have become overstretched at this time, and I don't know how long it will last.

Yue Zhengyu and four other young people are still in a good fit, and they don't even understand what happened - why two minutes ago. Everyone still has something to say and laugh about. Two minutes later, it's like a hurricane!

Look at the materials and drawings on the ground, and see how these guys roar!

It's like a zoo!

A State Reserve trader, like coaxing a child, asked the group of four to increase the margin. With his explanation. The faces of the four people changed from red to white, from white to red, and then from red to blue and black...

In the end, the tall young man roared, ignoring the existence of the senior officials and punched the trader.

Traders have a long nosebleed. We have to continue to explain: if you don't increase the deposit, there will be nothing left. 500,000 yuan is all gone. The increase in the margin does not guarantee that 500,000 yuan is still there, and it can only be suspended, but if it continues to fall, it will lose all the additional margin of 500,000 US dollars.

Ten times the leverage has ten times the profit and ten times the loss.

The so-called difficult decision, this is it!

The wolf in the hall is like a defeated and transferred headquarters.

The people around the Soviet ministers disappeared, the people who talked interestingly disappeared, and the people who looked at their faces also disappeared. The youngest of them had more than 20 years of political experience and experienced countless big and small things in their lives. They have also experienced this kind of subordinate's inability to take care of leadership. Wars, major disasters, special cases, political [luck]... However, it happened so quickly, but it is rare that it is so violent.

Everyone couldn't help but turn their eyes to Sucheng.

Su Cheng sat firmly on the Diaoyutai, and his posture was the same as when the oil price fell, as if it had been expected for a long time. He was not in a hurry to complete the work at hand, so he wrote a note and ordered someone to hand it over to Su Zhenguo.

The scene is so noisy that it can't be quiet. Passing notes is the most suitable way.

Su Zhenguo is a little old-fashioned and let the secretary read the note.

The latter pinched the note and said to the crowd in the loudest possible voice: "AP news, U.S. President Bush approved the use of U.S. strategic oil reserves. 600 million tons of reserves, 1.12 million barrels are put into the market every day, and the first batch of 5 million barrels are invested.

This is the bearish news that Sucheng is waiting for.

The entry of a large amount of oil, coupled with the increase in production in Saudi Arabia and the United Arab Emirates, means that the oil supply exceeds the oil output, and it clearly expresses the attitude of Western countries such as the United States.

The $20 oil price is the best line for Western economies. Too high will cause inflation. Too low is harmful to technological progress and harm the interests of oil companies. $30 is a warning line. If you go beyond it, there will be problems in the economy.

$35 is a high-voltage line, which means the arrival of the third oil crisis.

After two oil crises, the United States and other Western countries can no longer withstand the third oil crisis. From the perspective of big strategy, the United States would rather let Iraq occupy Kuwait than cause a new round of oil price increases. At the same time, the Soviet Union is also increasingly dependent on foreign oil to maintain the fragile domestic economy.

No matter from which perspective, the first thing the United States needs is low oil prices. The second is fairness and justice and bribery from the Kuwaiti royal family.

It was precisely because of these two points that Saddam blamly launched an invasion of Kuwait and announced that it would be changed to "Kuwait Province".

Judging from the attitude of the back of the horse, Lao Sa was simply out of his mind to do so, and he was beaten in vain.

But in advance, Saddam's strategy was recognized by many people. Since the 1970s, the Middle East war has affected oil prices every time. The oil crisis has made Western countries miserable. Small Kuwait will destroy the country. Is the United States really "selfless and single-minded"?

Do you want to cause the third oil crisis for the sake of Kuwait? The Balkan gunpowder barrel of the year. It's just a **** ignited. Where can the Middle East oil tank be safe now?

Who can guess that the United States has the patience to use the five-month layout, from August 1990 to January 1991.

The most rare thing is that the five-month layout really eliminated the pressure on oil supply and demand brought by the war.

It is estimated that no one can expect this except Bush and Gorbachev.

In terms of results, these two people are mostly in-laws! The real heroes who are "selfless and single-minded" are hidden behind the scenes. For example, the Soviet Union. Later generations only saw how powerful the United States was, and almost forgot the dedication of the Soviet Union. Iraq is an important ally in the Middle East by the previous leaders of the Soviet Union. Gorbachev sold it without saying a word.

Of course, even East Germany can give up, and Iraq is nothing.

In general, due to the end of the Cold War. The whole 1980s and early 1990s were chaotic. Everyone, including politicians and entrepreneurs from all over the world, is adapting to the transformation from a bipolar world to a unipolar world.

The Gulf War has exacerbated the chaos.

During this period, different people can make different wrong judgments, and those who can make correct judgments can either predict the result or have a long way of luck.

In contrast. Of course, there is no insurance for the former.

In the stage of rising oil prices, Su Cheng is very worried about memory errors or some messy butterfly effect.

Before the oil price really fell, for every 1 million barrels of oil bought, Sucheng's heartbeat would be faster.

More than 30 million dollars of goods are still bought at a loss. Even if you know that oil prices will fall, you are facing a situation where oil prices are rising. The state of losing hundreds of thousands or even millions of dollars per hour lasted for two whole days.

The only thing Sucheng can do is to focus and concentrate.

The note was transmitted among the important ministers of the Soviet Union in the order of Su Dongyuan, Cao Jiyuan, Duan Yuanguang and others.

After a while, Cao Jiyuan completely digested the news, patted his brain shell with a sigh, and said, "I can't figure it out. Didn't it say that the International Energy Authority also released more than 2 million barrels of oil on the 11th? It was okay at that time. Why did something happen when the United States put more than 1 million barrels?

He is talking about the discussion between Su Cheng and Professor Dai. At that time, Sioux City put forward the bearish effect of the U.S. strategic oil reserves on the market, and Professor Dai refuted it with the "launch" of the International Energy Agency.

Indeed, the news on the 11th is simply calm, and the market has not even changed by $1. At that time, it was natural. In 1990, the world consumed 37.5 million barrels of crude oil every day, of which 17.65 million barrels were consumed in the United States and 2.5 million barrels of inventory. What's the point?

It is today's news, which has led to the effect of landslide cracking.

Duan Yuanguang is a person on the financial line. He looked at Su Cheng from afar and said, "Today's matter, let us think deeply about the analysis of information. It looks like similar information, but it has produced different effects..."

Several people nodded together.

After what happened today, they also developed a certain degree of association with the Gulf War.

What

says is always not useful.

Experts and professors of the Policy Research Center, the arguments are clear and the arguments are clear, and they can't have such a shock in front of them.

One decision, hundreds of millions of funds are ectopic. A flash, the value created by tens of millions of people disappeared in the wind...

There is no clearer argument and clearer argument than such a reality.

Su Zhenguo suddenly laughed and said brainlessly, "Ok, when you see this, you know what you need to know. What do you think?"

Duan Yuanguang said without hesitation, "Don't be surprised by honor and disgrace, and you can achieve great things."

"1 billion dollars, it's already a big deal." Cao Jiyuan laughed, looked at Su Dongyuan with an interesting look, and said, "I don't object."

"That's it." Su Zhenguo got up and laughed, "It's time to go back to bed."

... (To be continued...)