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Chapter nine hundred and forty seventh worry

In the evening, when Fu Song was having an in-depth exchange with Xiao Zhumei, Kaman suddenly called and asked Xiao Zhumei to watch TV quickly, saying that something big happened.

Xiao Zhumei threw Fu Song down, not even caring about wearing clothes, so she quickly turned on the TV.

Fu Song was so upset that he couldn't get up and down, not to mention being depressed, but when he heard Lao Bu announce the war on TV to Sha Damu, he immediately threw his little temper aside.

Kaman is right, it is indeed a big deal.

After looking at the time, at 10:40 pm on January 17th, Beijing time, perhaps less than 24 hours later, the first Tomahawk cruise missile will land in Baghdad.

The news has not yet ended, and then Lao Bu announced his approval to use the national strategic oil reserves, preparing to release 1.12 million barrels of strategic oil reserves to the market every day from nearly 600 million barrels of strategic oil reserves.

Last week, the International Energy Agency promised that once a war broke out in the Gulf, the agency would release 2.5 million barrels of oil to the international oil market every day, while the oil reserves of the International Energy Agency member countries reached 3.6 billion barrels, which could be consumed around the world for more than three months.

After the outbreak of the Gulf crisis, crude oil produced by Iraq and Kuwait could not be exported and put into the market, causing a gap of more than 4 million barrels per day for oil supply. The strategic oil reserve supply increased by the United States and the International Energy Agency was as high as 3.6 million barrels per day. In addition, in the past five months after the outbreak of the Gulf crisis, countries have stepped up the purchase of reserved oil. Overall, oil supply will be sufficient at least in the next 100 days.

Therefore, Lao Bu’s speech is equivalent to giving the international crude oil market a huge reassurance.

As expected, the next day, in the early morning of January 17, Eastern Time, the Gulf War broke out. Although international oil prices generally rose within the first two hours, and in the spot trading between New Orleans and Houston, oil prices rose from $32 per barrel to $35, after that, oil prices immediately fell across the board.

On January 18, Eastern Time, Brent crude oil closed at $18.2, the lowest level since the Gulf crisis broke out on August 2, 1990.

In the next few days, although international crude oil prices fluctuated continuously, they basically floated around US$20 per barrel.

Unlike Citibank's steady progress and pursuing maximum profit, Xiao Zhumei spent a week to close all the international crude oil futures contracts in her hands.

In her opinion, it doesn’t matter if you make less money, but it’s important to put your money in order to make peace!

After closing the position, she began to take stock of the profits. Although she was mentally prepared, when she saw the final result, she couldn't help but be glaring. The principal of 1 billion US dollars was more than doubled in just over 5 months...

When did the money make so easy?

Seeing her staring at the computer screen in a daze, Fu Song thought she was happy and stupid, so he said, "I've told you a long time ago. Isn't it right to listen to me? How about it now? Am I so awesome?"

Xiao Zhumei glanced at him and shook her head gently: "I think this kind of thing is abnormal. Although I have made so much money, I can't be happy at all now, and I always feel uneasy."

Fu Song was stunned for a moment, then nodded in agreement: "If you want to be upright and make money steadily, you still have to rely on industry."

Xiao Zhumei said seriously: "Fu Song, let's stop doing such unethical things in the future, okay?"

Fu Song asked in confusion: "Ignorance? You are a finance student, how could you have such an idea?"

Xiao Zhumei said: "Most financial products are zero-sum games, to put it bluntly, gambling. You were right just now. Finance cannot create wealth, it is just a redistribution of wealth. Only labor can create wealth. Finance is to use a legal way to pay money from other people's pockets."

Fu Song said: "Speculation is the eternal theme of finance. As long as finance exists for one day, speculation is inevitable. Even if we don't do it, others will do it. Instead of letting others make money, it's better for me to make money. Zhumei, I'm a family that relies on financial speculation, but what do you think I want to do this?"

Xiao Zhumei rolled her eyes and said, "It seems like you are very wronged. You have done it. Do you still want to be a white lotus?"

Fu Song said dissatisfiedly: "You can't cooperate and give me some advice?"

Xiao Zhumei covered her mouth and smiled, "Okay, then Boss Fu, can I interview you? Please talk about your mental journey of speculation..."

"Dede, everything has changed from your mouth. I have indeed made a lot of money in the past two years, but most of the money has been or is ready to be transferred to domestic investment. Even if the money left abroad is to invest better in the future. Therefore, I never think that there is anything wrong with speculating in the international financial market. It is natural to steal foreigners' money. Why can't I touch it?"

"Look at what you can do!" Xiao Zhumei curled her lips, but there were little stars in her eyes. This guy looks really manly like a bragging guy!

Why didn't I find him so handsome before? Oh, why isn't it dark yet...

Seeing her staring at her in a daze, Fu Song touched her face and said in confusion: "What's wrong? Do you think I'm very handsome?"

"Yeah." Xiao Zhumei nodded subconsciously, then reacted, her face turned red, and she snorted: "I'm so passionate."

Fu Song smiled and said, "You women are just so quarrels. They say they want to die, but they actually love each other to death."

Xiao Zhumei was exposed by him and was angry and gritted her teeth and said, "Are you quite experienced, ah?"

"I didn't, don't talk nonsense!" Fu Song firmly denied, for fear that she would continue to hold on, so he quickly changed the subject and asked: "How do you plan to use this money?"

It would be fine if I didn't mention it, but Xiao Zhumei was in trouble when she mentioned this matter and said distressedly: "I'm worried, what are you good ideas?"

Of the 1 billion yuan principal for oil futures, Fu Song spent half of the remaining half of it, Peter Fei and Kiyoko Ando. After deducting various costs, the net income was about $1.1 billion.

According to the agreement between Fu Song and her last year, after returning Fu Song's principal, the remaining 550 million US dollars can be controlled by her at her free disposal.

When she was short of money, she was also worried, but now she is rich, she is still worried - she is worried about how to spend so much money.

Do you still have to buy land in the United States? How much can you buy for US$500 million? An average farm can buy 1 million acres. If you buy it, you can't plant it. The cost of keeping it is not cost-effective, so even if you want to continue buying land in the United States, you can't buy so much.

"Why don't you discuss it with Catherine?" Fu Song said, while carefully observing her expression. There was no way, I felt guilty.

Xiao Zhumei didn't think much and nodded, "Sure, Catherine also invested some money in oil futures. I'll ask her tonight."

Fu Song pretended to be careless and asked casually: "By the way, when will Catherine get married?"

Xiao Zhumei said: "Last time I called and chatted, she said she wanted to play for two more years. I really don't understand these foreign women, so I can't do it easily."
Chapter completed!
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