After John heard this, he told Lu Feng to hold on tight and not panic. He didn't believe that the United States could make a big difference in this matter. As long as Lu Feng didn't take the initiative to resume tungsten ore production, everything would be no problem.
After hanging up the phone, John asked the manager next to him: "What's the current price?"
"It just fell below 70,000 US dollars, and the selling orders were very large."
"Let the traders prepare funds. No matter how many orders they sell, they will eat them all." John said solemnly.
Several managers nearby were stunned when they heard this. One of them advised: "They must be selling. It will be difficult for us to hold on at this price. I suggest maintaining the price first, and then fooling a group of retail investors after the market closes."
, after the market opens tomorrow, hold high and fight high, and rush together with retail investors, this is more stable!"
"Can't you hear what I say? I'm responsible for this matter. We buy as much as they have." John said firmly: "How can retail investors follow in the matter of making money? This kind of suffering,
Let’s do it ourselves.”
The few people couldn't persuade them at first sight, so they had to go down and give orders to the traders.
There were less than fifteen minutes left before the market closed, and the futures exchange was already filled with wailing. People who had bought as soon as the big selling orders started no longer wanted to live. No one could have imagined that the price could hit such a high level in half an hour.
There were so many, some people were liquidated.
Others didn't dare to take action when they saw this situation. They needed the support of the main force. Some people stood in the hall with red eyes and shouted unwillingly toward the big room: Where is the main force? Where is the main force? We need support!!
Suddenly, a sum of money rushed in on the display screen in the exchange, and more than a dozen orders were taken in one go. The trading volume instantly increased, and then even larger funds rushed in continuously, with a sweeping momentum.
Crazy shopping.
"The main force is coming!! The main force is coming!!"
Everyone was reveling, some were crying with joy, and some were questioning, suspecting that it was pump-and-dump, but the high points were recovered one after another. The funds seemed to turn on the money printing machine, and the sales orders were as fragile as paper in front of it.
.
"Buy!! Eat in! Eat in quickly, it will be sold out!!"
The retail investors who were crying and howling just now rushed to the trading desk to follow up frantically, as if they were not afraid of falling at all.
On Wall Street, in Soros's office, a manager walked in and said: "All the futures contracts we sold have been eaten up. Now the price has returned to 75,000, and there is still half of the position left. Do you want to sell it?"
"Eat it all?" Soros was a little unbelievable. The combined positions of the two parties were worth nearly one billion. Most people cannot afford such a large investment, not to mention that Schroeder Group has always maintained
There are quite a few tungsten ore contracts. If we take them all, it will be equivalent to a monopoly.
It's now May, and it's delivery time soon. Are they planning to buy a batch of tungsten ore at a sky-high price?
Soros began to have doubts. He suspected that the information he received was inaccurate. Otherwise, where did Schroeder's side get the courage to eat so much? Wouldn't they doubt that they would go long first and then go short?
"There are less than ten minutes of trading time left," the manager reminded from the side.
"Throw it! Throw it all!" Soros hesitated for a moment, then said: "Call Robertson and let him know."
There were less than six minutes left for the market to close. People in the futures exchange looked at the stabilizing price, and their hearts dropped. Just when everyone thought it was stable, a huge sell order suddenly appeared.
It came out, smashed through all the buyer's defenses, and fell straight down.
Everyone at the scene stared with wide eyes, and the sound of Fake was everywhere.
When the price broke through 70,000 US dollars again, a large amount of funds rushed out to protect the market, and the transaction was 500 million US dollars in an instant. In the last few minutes, a V-shaped killing was staged!
It's closed, it's finally closed. It's extremely quiet in the futures exchange. Everyone has the illusion of surviving a disaster. A breeze passes through the door. Some people feel a chill on their backs. Only then do they realize that their backs are cold.
Already soaked with sweat.
Such an outrageous futures war was not only reported by the financial media. After the market closed, exchanges and the China Securities Regulatory Commission began to speak out intensively, and the national level also began to pay attention to this problem.
In South Africa, at nine o'clock in the morning, Lu Feng received a call saying that someone from the top management wanted to see him. This was an excellent opportunity. Lu Feng hurriedly brought all the information and took the car half an hour later.
In the reception hall, Lu Feng was taken to the designated position and stood there waiting. The decoration was quite serious, with expensive carpets on the floor. Guards could be seen when he entered the door.
After waiting for more than ten minutes, a white man in his fifties or sixties stepped in. He was quite tall and somewhat bald, followed by seven or eight people who were talking from time to time.
Seeing this, Lu Feng hurriedly stepped forward, stretched out his hand and shook it: "Hello, De Klerk! I am the person in charge of Jiafeng Group from China, Lu Feng."
"Welcome, Mr. Lu, I have heard your story. I hope this meeting can solve some confusion for you. We always welcome foreign investment." De Klerk said politely, holding Lu Feng's hand.
The two parties exchanged simple greetings and then went to the living room. Lu Feng sat on the single square sofa. He didn't want to feel the size of the moment and said directly: "I always believe that South Africa is a beautiful and peaceful country. Everyone here
Everyone can strive to create their own sky in every piece of land, and Jiafeng Group has entered this land with such concepts and dreams, but what happened recently is really regrettable."
"Jiafeng Group's investment in local minerals is quite large, and all procedures are legal. In order to increase production and ensure workers' human rights, we stopped production for maintenance. However, these actions have attracted criticism. All of this is disconcerting.
This is unacceptable. I believe that you can protect the legitimate rights and interests of investors within the legal framework."
"That's right, Mr. Lu, the news I got is that when you acquired the tungsten mine, you did not make it public and it was suspected of being a monopoly. Many parties are already negotiating on this matter." De Klerk
replied.
"These are all the materials we acquired originally. Everything is in compliance with local laws, and I don't think there is any need for consultation. There is no third party in this matter, and there is no need for a third party. I am just a businessman, and I don't want to
This matter is mixed with other things. I am a very pure businessman. I only represent the enterprise. It does not mean that I represent which country I come from." Lu Feng explained: "For some organizations and countries that are created out of nothing,
We also feel very powerless, but I always believe that there is rule of law in this country."
The information was simply flipped through a few times. They all knew what both parties were talking about, but there was a sense of powerlessness in this kind of conversation. When Lu Feng listened to those words, he didn't feel like they were here to solve the problem, but more like they were here to comfort himself.