Chapter 243 Hundreds of millions in profits a day!

Inside Bao Yugang’s office at the headquarters of Global Shipping.

Wells came in quietly.

In front of the desk, Bao Yugang was frowning tightly, staring at the documents on the table.

Recently, he has been competing with Jardine Matheson on the board of directors of Hutchison Whampoa.

Not only did the two sides confront each other in the board of directors, they were also secretly raising funds to acquire more shares of Hutchison Whampoa.

Therefore, he did not pay too much attention to Li Changhe and Weiersi, nor did he have the energy to pay attention to them.

When Weiers came to the desk, Bao Yu just looked up at him.

"What happened? Did the silver market collapse?"

On the phone, Wei Er Si only said that something big happened in the silver market, and Bao Yugang thought that the silver market had collapsed.

After all, he knew before this that the price of silver had been rising, and Li Changhe's profit was not bad, and it was said to have exceeded 100 million US dollars.

One million US dollars turned into 100 million, and in less than a year, the profit increased more than a hundred times. This kind of thing can be called a legend even in the financial industry.

Bao Yugang could not think of any other thing that could have made Wells say such a big thing, except that the silver market collapsed.

"No, Mr. Bao, it's not that the silver market has collapsed. On the contrary, it will rise sharply!"

“Big increase?”

When Bao Yugang heard Weiers' answer, he put down the documents in his hand and looked at him in surprise.

"Sit down and tell me carefully, what's going on?"

"Mr. Bao, Peter called just now and said that the U.S. Commodity Futures Trading Commission has found the mastermind behind the White Coat case."

"It's the Hunter family, right?"

At this time, Bao Yugang thought of Li Changhe's original judgment and asked casually.

At this moment, Wei Er Si looked at Bao Yugang in shock.

"You know everything?"

"I guess so. Keep going!"

Bao Yugang did not explain, but let Weiersi continue.

Although Weiers was confused, he had to continue: "The Hunter family is just one of them. The other one is the Saudi royal family."

"Together, the two of them control the vast majority of silver futures contracts and spot goods."

"Now the whole of New York and Chicago knows that the two big families manipulate the silver market."

"Everyone expected that the price of silver would rise wildly, because the short sellers who made the contract could not afford to pay with spot, so they had to buy contracts to hedge the risk."

"But Changhe sent me a telegram this morning, asking me to ship the goods!"

"Pete doesn't recommend selling the goods, because now for every dollar increase in silver prices, we can make a profit of more than 20 million US dollars."

"He means to keep holding on!"

"I want to ask you, should we report this situation to Changhe first, or continue to ship according to his instructions?"

Hearing what Weiers said, Bao Yugang smiled and nodded.

He understood Wells's concerns, mainly because of the excessive amount of money.

In this situation, everyone expects that silver will rise wildly. For every dollar increase in price, they can make a profit of 20 million US dollars, which is 150 million Hong Kong dollars.

According to the rules of the futures market, once news of such crazy market manipulation leaks out, the price increase will be very large.

This also means that they may earn 100 million or even hundreds of millions of Hong Kong dollars a day.

If you ship the goods at this time, you will lose money if you don’t make any profit!

With hundreds of millions of Hong Kong dollars less in a day, it's no wonder that even Wells hesitated.

Even though Bao Yugang is now worth hundreds of billions, he is not so generous as to give up hundreds of millions of dollars in daily profits.

"Well, go back and wait for my notification. I'll call him later."

Bao Yugang said to Wei Ersi with a smile.

Wells nodded and walked out.

Bao Yugang picked up the phone on the table and called Director Lu.

In Beijing, on the campus of Peking University.

Li Changhe, who had just finished class, was called to Dong Wenjun's office again.

"Changhe, the higher-ups have given a response to Lin Yifu's case. As long as he's willing, you can help him get in touch with them if you have a channel!"

This person is actually not important in nature. He is just an outstanding young man and does not carry any confidential information.

Therefore, the country does not think highly of him, but of course, it cannot disappoint the other party.

After all, there are actually quite a few people who swim across the sea every year, not just Justin Yifu Lin.

Being able to arrange his study and life is already quite adequate. It is impossible for the state to always serve him in all aspects.

However, now that Peking University students have their own channels, the higher-ups will not stop them.

Especially after knowing that the person who helped was Li Changhe.

Dong Wenjun didn't expect that Li Changhe had already been listed there and many people knew him.

"Okay, in that case, I'll ask him tonight and get his address."

"Then Mr. Dong, I'm leaving first!"

Li Changhe was just about to leave when he unexpectedly saw another person rushing into the office.

"Changhe, I finally found you."

"Money matters?"

This is Director Lu’s new secretary, whom Li Changhe has met several times.

"Come on, come with me. The leader of the bureau asked me to find you as soon as possible."

"Since you don't have classes at noon, let's set off quickly!"

Secretary Qian said to Li Changhe anxiously.

Li Changhe saw his anxious look and guessed that something must have happened in the silver market and Bao Yugang had called. "Then Mr. Dong, I'll be out for a while."

Li Changhe turned around and said goodbye to Dong Wenjun.

"Go!"

Dong Wenjun waved his hand.

After Li Changhe walked away, Dong Wenjun shook his head.

This Li Changhe is now listed among the top leaders and has outstanding personal abilities.

The future is limitless!

After Li Changhe and Director Qian came out, they got into Director Lu's car and quickly headed towards the city.

Soon, they arrived at Director Lu’s office and Li Changhe hurried in.

"Hey kid, hurry up and make the call, Qi Ran is waiting over there!"

"I'll give you the lunch time. I'm going to eat first!"

After Director Lu finished speaking, he turned and walked out.

Of course, he also wanted to leave space for Li Changhe and Bao Yugang to talk.

Li Changhe was already familiar with Yugang's phone number and dialed it quickly.

"Hey!"

The call was connected, and Bao Yugang's cheerful voice came from the other end.

"Uncle, it's me!"

Li Changhe said with a smile.

On the other end of the phone, Bao Yugang told Li Changhe the news brought by Weiers.

"So, are you still determined to ship the goods?"

On Hong Kong Island, after Bao Yugang finished speaking, he smiled and asked Li Changhe.

Li Changhe's firm voice came from the phone: "Go!"

"It is precisely because the U.S. Commodity Futures Trading Commission has gone out that we have to sell the contract."

"Uncle, although capitalists are profit-driven, the capitalist world rejects monopolies, especially in the United States."

"It can be seen from their antitrust laws that they are extremely disgusted with monopolies."

"So I guess the New York Commodity Exchange and the Chicago Board of Trade will definitely take measures against the Hunt brothers."

"They may be powerless in business, but in terms of system, they are the rule makers. They only need to change the system, such as adding margin for silver futures."

"This alone is enough to make the Hunt family pay hundreds of millions of dollars in additional expenses."

"At this point, I don't think the Hunter family has much money left. The price of silver can only go up by about $10 at most."

"Although we can earn $20 million for every $1 increase in the price, our risk will increase with each day we spend."

"The short sellers will not be able to withstand the Hunt brothers' tactics. They are destined to be swallowed up."

“In the futures market, once all the shorts are dead, the only opponent the manipulators behind the scenes will face is the country!”

"I don't think the Hunter brothers still have the ability to resist the US government."

"For us, the most important thing now is to transfer the funds safely."

Li Changhe spoke seriously to Bao Yugang.

After listening to this, Bao Yugang showed a satisfied smile.

Greed is the driving force behind businessmen's struggle.

But not being greedy is a quality that a true top businessman possesses.

Being able to stay sober in the face of huge profits, guarding against your own desires, and knowing that what you get is the real profit, this is the qualifying line for a top businessman.

"So, let's do as you said before and transfer these funds to the London Gold Market?"

Bao Yugang asked with a smile at this time.

Li Changhe said firmly: "Yes, the gold price in the London gold market is about 450 US dollars now, which is nearly doubled compared to the beginning of the year."

"I think the gold market will inevitably fluctuate due to the influence of silver."

“It’s already difficult to continue investing our money in the futures market. It’s nothing more than the appreciation of existing futures contracts.”

"If you invest in the London gold market, all your funds can be used to buy gold."

"Calculated in this way, even if gold only accounts for a portion of the increase, the overall profit it brings may not be lower than that of futures contracts!"

Li Changhe had actually calculated it in his mind a long time ago.

Nowadays, it is very difficult for him to get silver futures contracts, as most of the contracts on the market are controlled by the Hunt brothers.

Therefore, even if the price of silver rises to over 2 US dollars, he will only earn about million US dollars more from the contracts in his hand than he does now.

According to the information from his previous life, the price of gold in the London gold market will soar to US$850 an ounce.

In other words, even if he bought all of it at $460 an ounce now, his capital gains would almost double in the next month or so.

You have to know that this doubles his overall profit. Such profit is not inferior to that of the silver futures market, and may even be more.

The most important thing is that after washing through the London gold market, his funds can return to Hong Kong Island more safely.

After all, compared with the hundreds of billions of dollars invested in the entire London gold market, his few hundred million is nothing.

"Okay, I'll listen to you and ship the goods!"

"But I suggest that you go out in batches instead of all at once. This will be safer."

Bao Yu just finished listening to what Li Changhe said, and then smiled and said to Li Changhe.

"Okay, then let's do as uncle says and let them go out in batches!"

Li Changhe didn't care about this. Anyway, with the market heat that was about to continue, the more than 3,000 contracts would be sold out quickly.

If you do it in batches, you might be able to earn tens of millions more dollars and cover the handling fees.

(End of this chapter)