"Kitahara Sosuke, a real strong man doesn't just talk the talk." Manzaburo Ito looked at him deeply, "I hope you can continue to have such a playful smile after the Gulf War."
"I hope you can still be so calm after the Gulf War." Kitahara Sosuke chuckled and sat down with Nagano Sawamasa.
Originally, according to the regulations of Moonlight Village, formal members and admitted members should sit in the upper seats, while others should sit in the lower seats.
But this time, they didn't arrange an exclusive seat for Kitahara Sosuke. Kitahara Sosuke didn't mind, so he squeezed in and sat down below with Nagano Sawamasa.
Sitting at the top was Hiroshi Kurosawa, who was wearing a black suit. He was also a formal member of Gekkosou and now serves as the president of the head office of Industrial Bank of Japan.
Nikko is one of the only three remaining long-term credit banks in Japan. Long-term credit banks are a special type of bank that emerged after the war. They were formed by the merger of many banks and financial institutions on the verge of bankruptcy. They specialize in exporting high-value loans to high-quality large enterprises.
For loans, the other two are the Japan Long-term Credit Bank (Nagaken) and the Japan Bond Credit Bank (Nippon Bank).
These three banks eventually died during the Great Depression after the bubble economy burst. Nikko was reorganized into Fuji Bank, Nagain and Japan Bond Bank went bankrupt and were nationalized. Then the government sold them to private investment institutions, and finally became
Shinsei Bank and Aozora Bank!
This is the key point and will be tested in future exams!
Due to their complexity and positioning, long-term credit banks are more biased towards the Ministry of Finance and the government, unlike those metropolitan banks that are occupied by consortiums.
Therefore, their status is far inferior to that of super banks such as Tosan, and they do not engage in national business, so their popularity and support among the public are not good.
In terms of status, Kurosawa Hiroshi is as high as Tosan President Takashi Shirakawa and Sumitomo Bank President Ichiro Katita, but in fact, his influence in the circle is only slightly higher than that of Manzaburo Ito.
This is why he desperately wanted to leave Nikko and join politics.
Let a former general manager join other big banks as a general manager, or even a lower-level ordinary director. He can't stand the change in status, but he is unwilling to waste time in his rise. Then the only way out is to enter politics and join the Bank of Japan.
, Ministry of Finance or the path of a member of parliament.
Kurosawa Hiroshi talked eloquently and in a relaxed tone: "There are two main purposes for calling everyone here this time. First, to discuss the situation of the Gulf War and oil prices; second, we must find ways to stabilize Osaka's financial circle."
These two questions are actually one.
That is what happened to the oil prices that have been falling in the past five days since the war started!
From the closing price of 38.6 meters of gold per barrel on the first day of the war to 36.5 meters of gold per barrel today, the price of oil has dropped by a full 2.1 meters of gold per barrel!
Whether this drop is big or small, the price of oil is still much higher than when many people entered the market at the end of July or mid-July. As long as you are long in the long term and the leverage is not large, it will still be
Earned with blood.
"Everyone, in July, I followed Mr. Takeshita to enter the oil futures market. The oil price at that time was 26.5 meters of gold per barrel. The current price is 36.5 meters of gold per barrel, which is a full increase of 10 meters of gold per barrel! Our leverage
It’s not high, only 3 times, but our entry capital is very...large.”
The excitement on Kurosawa Hiroshi's face is indescribable. With 10 meters of gold per barrel, including leverage, the profit is staggering, and the principal has more than doubled!
Therefore, the oil price is still falling, but he is not panic at all. With 3 times leverage, it would have to fall by more than 33% to be liquidated. That is to say, according to the current oil price, at least the day's decline must reach more than 10 meters of gold per barrel before he can be liquidated.
Let them blow up their positions!
Are you kidding? During the Gulf War, oil prices fell by more than 10 meters per barrel on that day?
No novel would dare to be written like this!
Kurosawa Hiroshi said this, and everyone below showed envy. If they had sufficient capital costs, they would not need to increase leverage to risk their lives. They could make a lot of money by playing with 3-5 times leverage.
.
The plunge in the past few days has caused those investors with 100 times leverage to meet on the rooftop, which also made more new investors who came later become wary and would rather increase the amount of funds than increase leverage easily.
"I know that everyone is still worried about the continued decline in oil prices. Today's opening was 36.8 meters of gold per barrel, and it just fell to 36.5 meters of gold per barrel. Depending on the momentum, it may continue to fall, but it doesn't matter. I think 10 meters of gold is used now.
"Leverage of 10x is still very safe." Kurosawa Hiroshi glanced at them and analyzed with a smile, "With 10x leverage, according to the opening price, the position would have to fall by more than 3.68 meters of gold per barrel that day before the position would be liquidated. That means the closing oil price would have to be
With 33.1 meters of gold per barrel, this is absolutely impossible!”
Everyone nodded in agreement with this view.
Even if it keeps falling, after five days, the oil price has only fallen by a total of 2.1 meters of gold per barrel. It is simply a fantasy for the oil price to fall by more than 3.68 meters of gold per barrel on that day.
"I very much agree with President Hiroshi Kurosawa's point of view. I am a rough guy and don't know much about futures and leverage. This time I also participated in the oil war with the help of Mr. Takeshita." Xu Yongzhong laughed.
Suddenly interrupted Kurosawa Hiroshi, "Although I don't understand this, I also understand that buying long means making money. With the support of Mr. Takeshita, Dadoyo Construction invested a total of 16 billion yen in crude oil futures this time, using 10 times leverage.
Hehe, I invested relatively early, and the profit is indeed considerable."
"Compared to some people who want to make money by short selling, I should have made a lot more money." He said and glanced at Kitahara Sosuke, his eyes full of pride.
Xu Yongzhong came from a poor background. If the Takeshita family had not raised him as a loyal dog, he would not have the qualifications to sit here and interview a group of financial and business leaders. He also understands this and clearly recognizes that these people treat him kindly on the surface.
, in fact, I completely look down on myself!
This chapter is not over yet, please click on the next page to continue reading! Xu Yongzhong's wealth, status and character are very inconsistent, and his twisted inferiority complex makes him arrogant and does not know how to restrain himself.
Kurosawa Hiroshi knew that he was using the force of his words to ridicule Kitahara Sosuke. Even though he flattered him in the first sentence, the feeling of being interrupted was very unpleasant.
If it weren't for Takeshita Noboru's face, he would have told Xu Yongzhong to get out.
"Ahem, President Xu is right." Kurosawa Hiroshi said again, "10 times leverage is very safe, and I also received a call from His Excellency Noboru Takeshita this morning..."
Everyone immediately pricked up their ears and listened.
This is the key.
"Your Excellency said that there is no need to worry about oil prices. The decline in the past few days is to wipe out those idle long investors. Only by sweeping them out can we obtain the greatest benefits. Regarding the rise and fall of oil prices, the United States has already taken the lead.
, the Soviet Union is completely unable to resist, and the victory of our allies is just around the corner!" Kurosawa Hiroshi lowered his voice, but his tone was uncontrollable excitement.
American dad takes the lead!
Can’t these sons take advantage of it?
"So that's the case. It's Your Excellency Takeshita as expected. Then we can rest assured."
"Yeah, I just said that the decline is unreasonable."
"That's right, that's right. Since the Soviet Union no longer has the ability to control the rise and fall of oil prices, don't we have the final say in subsequent rises and falls?"
Everyone breathed a sigh of relief. With this kind of guarantee, what else do you have to worry about?
Ito Manzaburo's gloomy face relaxed. He turned to look at Kitahara Sosuke, who was sitting there with a natural look on his face.
Huh, I'm still pretending to be calm.
He sneered and calculated the subsequent profits. The Ito Man family invested 600 billion yen this time, with 5 times leverage.
A 20% drop is required before the position is liquidated.
I just don’t know how many times Kitahara Sosuke used leverage. If I can see him out early, it will be more comfortable than earning more.
Manzaburo Ito thought so.
Kitahara Sosuke was trying hard to recall the situation when oil prices plummeted. He only remembered that on the day of surrender, it finally dropped to 16.6 meters of gold per barrel. As for the percentage of the decline, he did not remember.
However, 10x leverage should be quite stable.
After all, in 46 days, the price dropped from 38.6 meters of gold per barrel to 16.6 meters of gold per barrel, with an average of no more than 0.5 meters of gold per barrel per day.
Now it has dropped by 2.1 in five days, which is almost the same rate.
After the atmosphere became cheerful, Kurosawa Hiroshi began to talk to them about the large amount of high-tech weapons and equipment invested by the American army this time. Like the military experts on TV, they all believed that this equipment was of little use.
"Aosuke, by the way, how many times the leverage did you use? 1.33 billion meters of gold, 160 billion yen. Three or four times the leverage is quite dangerous." Nagano Sawa asked with concern. He had to find out, okay?
Loss is two concepts.
I hope Kitahara Sosuke doesn't have too high leverage and will be fine with just one loss. Don't blow up his position. Everything will be fine.
Kitahara Sosuke blinked at him, and the surrounding eyes quietly gathered around him.
"No more, no more, 20 times leverage."
"Ah, 20 times, I thought... 20 times leverage!!!" Nagano Sawa was almost disappointed.
People around him were also shocked, and then couldn't help laughing.
A 5% shock will result in a 20x leverage!
Is there really nothing wrong with this young man’s mind?!
Manzaburo Ito looked at him and laughed wildly in his heart. He wished he could take out his mobile phone and call his financial newspapers and TV stations right now to ask them to publicize how crazy and smart the financial idol launched by Tosan is.
20 times leverage, 1.33 billion meters of gold, short crude oil futures!
This must be the most representative financial scandal in 1990!
A group of people were laughing and chatting, and during this period, Ogami brought several girls in kimonos to join in the fun. When passing Kitahara Sosuke, she smiled and nodded, but she was obviously not as attentive as before.
She is a very snobbish and somewhat clever middle-aged rural woman. This is her advantage and the reason for her collapse.
Ogami toasted Kurosawa Hiroshi. Looking at the old man and old lady who were tired of being together, Kitahara Sosuke shuddered. They turned out to be concubines. No wonder.
Don't blame them either.
One is the president of Nikko, and the other is the investment queen of Osaka. The former has the latter as his mistress, and her face is also very bright.
After eating and drinking for a while, Kitahara Sosuke, who was a marginalized person, was happy that no one came to harass him. These big guys were so happy today, and he felt relieved.
Close to 3 o'clock.
Everyone picked up their mobile phones and dialed the number to inquire about the latest oil prices, waiting for real-time reports from their subordinates.
Only Kitahara Sosuke was too lazy to find anyone to confirm.
Not far away, Xu Yongzhong and Kurosawa Hiroshi finished chatting and laughing and walked over with wine glasses.
"Kitahara Sosuke, 20 times leverage, I really want to learn this gameplay." Xu Yongzhong's smile was full of disgusting taste, "Learn how you lost 1.33 billion, and it will be me next time
You can avoid this stupid loss yourself."
"Really? Do you really want to learn?" Kitahara Sosuke picked up the wine glass and pointed it at him, "Apprenticeship requires a sense of ritual. President Xu really wants to learn. Pour me a drink."
This kid is still in high spirits!
A sneer flashed across Xu Yongzhong's face, and he actually picked up the sake bottle beside him.
"I'm just afraid that if I pour you wine, you won't have the guts to drink it."
"Zi Liu Liu——"
The small wine glass gradually filled up.
Xu Yongzhong watched the sake pouring down, but there was a burst of ridicule and sneer in his heart.
Just give him a glass of guillotine!
After the wine was poured, Xu Yongzhong looked around in surprise, why it suddenly became so quiet.
He turned back to look at Kurosawa Hiroshi first. The man who had been laughing at the phone just now had no smile on his face.
Many people's expressions were frozen.
what happened?
"Has the new oil price been announced?" Xu Yongzhong raised his left hand and looked at his watch, "It's 3:05, what's the final closing price?"
"..."
"The closing price... 33.0 meters of gold per barrel." Manzaburo Ito looked at Xu Yongzhong, who was still holding the sake bottle in his hand, and didn't know whether to gloat or sigh.
"33.0 meters of gold per barrel?! How much of a drop is that?!" Xu Yongzhong pressed his hand hard, and the sound of rubbing against the sake bottle was particularly harsh in the quiet private room.
"10.32%, it's not much. It just happened to liquidate the positions of people with 10 times leverage." Sosuke Kitahara raised his glass and showed a very surprised expression, "President Xu, why do you look so bad? You can't
Is it 10x leverage? You just said that. Look at my poor memory. I’m sorry. You must not be 10x leverage. How could someone be stupid enough to go long with 10x leverage? You said it is.
Bar."
Kitahara Sosuke stood up slowly, gradually suppressed the smile on his face, drank the sake in his hand, and then stretched out his left hand to gently pat Xu Yongzhong's cheek,
His expression gradually became cold and awe-inspiring.
Like a wolf eyeing its prey!
"16 billion yen for a cup of sake, it tastes pretty good. Pour it for me earlier. I would like to teach you how not to lose 16 billion yen all at once."
"Bei, Yuan, Cang, Jie!"
Xu Yongzhong's teeth were almost broken. When the hand slapped his face, it was so weak, but it was more humiliating than a hard slap!
But what can he do?!
Pumping a fist here?
If he does this, he will definitely not see the sun tomorrow!
What frightened him even more was that he didn't really invest only 16 billion. There were also money from several young masters of the Takeshita family in it!
"Who will end up with Inoue Hiko? President Xu, I hope you really only have 16 billion and are not mingling with the interests of the Takeshita family." Kitahara Sosuke sneered, picked up the cigarette case on the table, and pulled out a cigarette.
root.
Light a cigarette and leave in style, without even looking at anyone standing still in the private room!