Chapter 362: Go back to cure
"Of course, the international oil price skyrocketed," Chris replied without hesitation. "This is your ultimate guess, Eric, but this is impossible. Do you know what Iraq means to invade Kuwait? The country's proven oil reserves account for one-fifth of the world's known oil reserves. Once Iraq annexes Kuwait, Saddam can manipulate the international oil price. This is equivalent to pushing himself to the position of the public enemy. Will promise. ± Even if he is crazy, it is impossible to do so."
"Since everyone thinks so, I want to gamble. I bet that the Middle East will break out of war within three months. Chris, if you don't want to help me, I just have to take the money to the New York Commodity Exchange. When you open an account, don't you watch me go outside and get stuck?" In the end, Eric played the emotional card.
Chris listened to Eric's screaming tone and laughed a little: "Eric, your current net worth has reached $1 billion. You can already buy everything you want. Is it necessary to take such an adventure? You just Say you have to pull out the liquidity of all the companies under the hand. Once the money is fully paid in, this is a big trouble. The incident happened just at the beginning of the year. If the seven major film companies know that the firefly’s liquidity is exhausted, it is sure. I will not hesitate to fall down again, the mall is very cruel, don't expect other people to have a kind heart."
Eric said confidently: "Why don't you think about it in a good direction, in case I am gambling?"
Chris smiled and whispered a pen in his hand: "Eric, would you calm down for two days. Play in New York. Or go for a vacation?"
"Chris. I am very calm. I have already decided. If you don't agree, I will go to the futures brokerage company to do it myself," Eric got up.
Chris sees that Eric is not making a fake, but he has no choice but to wave his hand and say, "Okay, okay, I promise you, you sit down first."
The two discussed some details. Chris called the company's financial manager: "Eric, you should go to Weber to go through the transfer process, I will wait for you."
When Eric left the company's finance manager, Chris picked up the phone in front of him and dialed Jeffrey's number: "Dad, Eric's thing, did he tell you?"
Chris said a few words at the other end, Chris said again: "It seems that Eric did not tell you this, but the phone is not clear, I think you still come to New York, Eric He...something is hot. I can't help it."
After a few words in a hurry, Chris quickly hangs up and walks out of the office.
......
Eliza Brighton couldn't help but look at the three people sitting in the living room. This is the second day that Eric came to New York. After the filming of Instinct, Jeffrey returned to Maryland. The farm he bought before planned to take a break, only less than a week, the old man was because of his son. A phone rushed to New York.
At this point, the three people were silent. Before Jeffrey had been persuading for an hour, Eric had never meant to loosen his mouth. Chris saw a bit of awkwardness and suddenly said to his girlfriend in the kitchen: "Ai Li, is dinner good?"
"Well, it's alright," Eliza replied quickly.
"Would you like to eat first?" Chris tempted.
Eric didn't mean to be jealous with Jeffrey. He said with a smile: "Jeffrey, let's eat first. After dinner, you will continue to persuade, don't be hungry."
The old man snorted and snorted and walked up to the restaurant. Eric shrugged at Chris, and Chris sighed helplessly.
Eliza Brighton was originally a very talkative girl. If it was other time, she must have looked for one or two topics to stir up the atmosphere on the table, but at this time, the girl was quietly sitting on the gram. Next to Reese, she ate dinner without saying a word.
After a quiet dinner for a while, Jeffrey finally said with a gentle tone: "Eric, this thing must not be kept secret, you want to speculate... oil futures, yes, but can not put all the money Going in, you can't use a loan to speculate. If someone knows that you have lost all your money, you will definitely take the opportunity to fire the firefly's neck."
"Jeffrey, why can't you think about it in a good place, what if you earn it?"
"Where is this kind of good thing, here is Wall Street, not Hollywood, we are all laymen."
Chris said in a timely manner: "Yeah, Eric, Wall Street is a financial predator. Futures is actually a two-way gambling contract. If you make money, it means that others have lost money. The more you earn, the more you earn. More, the more people lose, so do you think your opponent will be willing? When I was working at Morgan Stanley, I saw these big investments acted in my own interests, manipulated the financial market, and said nothing. Color c (the Securities and Exchange Commission), that is, f forced to take these giant crocodile are not guilty."
"We have a $200 million small market, and those big investment banks can't target us?" Eric shrugged and said easily, not to mention that once the Middle East hits, crude oil prices soar, any tricks of financial giants are Under this general trend, only the big waves are scattered.
Jeffrey and the father looked at each other and calmed down again. Eric didn't want to continue to entangle the problem. He looked at Eliza Brighton, who was sitting next to Chris, remembering Thanksgiving last year, the couple still It’s awkward, and now it looks like it’s already well.
"Ellie, is your clothing company listed? I remember that I said this thing during Thanksgiving last year?"
Eliza looked at her boyfriend with a grudge and shook her head: "It’s no play within three years."
"It doesn't matter, wait for this time to make money, if you want, I can invest," Eric said with a smile.
Eliza smiled and said a good sentence. She didn't take it seriously. She had been with Chris for a long time. The girl also knows how much risk the futures market has. How much money Eyrek investors have thrown in, can complete the whole land preparation. It’s good to take it out, and the possibility of making money is negligible.
"Eric, where do you live now?" Jeffrey asked at this time.
“I have set up a suite at the Sixty Soho Hotel on Sixth Avenue, and I plan to live there during this time.”
Jeffrey didn't know the location of Sixth Avenue and looked at his son. Chris explained: "The Sixth Avenue is very close to the New York Mercantile Exchange."
Jeffrey sighed, and Eric even considered this detail. It seems that there is no room for manoeuvre in this matter: "Chris, during this time, you put down the investment company's things first, and concentrate on helping Ereli. Gram, try to..."
"I understand, Dad," Chris nodded.
In the next few days, Chris began to help Eric’s hired trader to open an account. Jeffrey also stayed with the two young people all day long. Of course, there was no dispute during the period, mainly about the ratio of futures deposits. .
Eric wants a margin of 5%, which is 20 times leverage, which can amplify $200 million to $4 billion, but Chris and Jeffrey agree that five times leverage and 20% margin should be used. .
Eric knew that the father and son were thinking for themselves, there was no death, and they had a dispute over the morning. Finally, the two sides took a step back, 10% of the margin, and ten times the leverage.
Entering July, the crude oil price in the futures market rose again, which is close to the high of $19 per barrel.
Eric and Chris rushed to form a futures trading team also began to enter.
Because of the situation in the Middle East, a large number of speculators have entered the crude oil futures market. It is only the New York Mercantile Exchange. The daily trading volume of crude oil futures has exceeded 100,000 lots (the New Zealand crude oil futures are 1,000 barrels per lot), and the daily turnover has reached 2 billion US dollars.
In the current situation in the Middle East, many people are betting that some people hope that crude oil prices will fall back to the position of 14 dollars a few months ago. Of course, some people judge that crude oil prices will continue to climb.
Therefore, Eric’s bullish team is not too eye-catching, but in order not to attract too much attention, Chris will control the daily trading volume to around $10 million. Eric did not raise any objections until all of the $200 million was spent before August.
As Chris said before, after the price of crude oil climbs to 19 dollars, it will not rise sharply, but will start to fluctuate between 18 dollars and 20 dollars. Jeffrey is still worried about two young people every day, although The delivery date of the futures contract bought by Eric is after October, but the profit and loss of futures trading is settled daily. After the close of the day, Jeffrey will hold the calculator and calculate the futures contract. How much, how much is lost.
Worried that the old man was so worried about heart disease, Eric and Chris had advised Jeffrey to go back to the Maryland farm more than once, but the exhaustion of all kinds of methods did not help.
After another day of busyness, Eric returned to the hotel where he lived. After taking a shower, he was going to call a few calls back to Los Angeles. He heard the sound of the doorbell. Although he knew that he was a lot of people in New York, he lived. There are not many people who know the address of the hotel.
Curiously open the door, a soft little body directly picked up and slammed into Eric, koala-like slap in the waist of Eric, a touch of ah, oh oh.
This situation was really insulting. Eric quickly returned to the room and closed the door. This was only two times on Drew’s small buttocks wearing hot pants. He asked: “Are you not going to Hawaii for a holiday? How suddenly Run here?"
Shantou let Eric throw himself on the sofa, squatting up the rounded chin there, his eyes staring at Eric, laughing and laughing: "Jeffrey said you are crazy, let me persuade you back to Los Angeles. Treating the disease." (To be continued, please search for astronomical literature, the novel is better updated faster!