Chapter 904 Betting on Crude Oil Futures
If an organization wants to have a good future, talent training is a crucial aspect. How to cultivate requires a mentor, and more importantly, institutional guarantees are required.
In the reunion, there is a relatively complete talent training system; especially for middle and senior management, people who are suitable for successors cannot be promoted without cultivating people who are suitable for success. Over time, the promotion channel will be terminated, which greatly suppresses those behaviors that suppress subordinates.
Talent cultivation requires discovery and competition. Discovery is discovered by middle and senior management, and competition covers all levels. For the person who makes suggestions, Liu Shengnan and Lin Lin are competing.
Long Jianhua hopes that the competition between them will be controlled at a suitable level, which is also a test of their overall view...
At 23:20 on the 16th, Long Jianhua was about to go to bed when a US phone call came over. He took the call and only a sentence from it, "The President has signed an order to start war with Iraq."
He put down the phone and mumbled, "The Gulf War is coming to an end."
The war is about to end, and crude oil futures can still be traded.
Put on his clothes and call Kang Liwei and Yuan Fanqi to his office while walking. Their professions have determined that there is no normal rest time. The opening hours of futures and stock markets in different places are different.
After the three met, he asked about the gains during this period. Gold futures still make more money and lose less... Very few, one or two losses were lost for twenty transactions; since August last year, crude oil futures have also achieved gains.
The two of them were wondering why he called them in at this time.
He asked, as if he knew what they were thinking, “Have you been in bed yet?”
The two of them shook their heads together, "Not yet."
He also thinks so, the London stock market and futures have just closed, so it shouldn't be the case, "Then let's discuss the next original futures. What do you think?"
He would not tell them that he already knew that the war was about to begin, nor would he directly say that oil prices would fall immediately. He was burdened with too much, and even those with such core people would not disclose such information to them.
Kang Liwei said, "I think oil prices will continue to rise, and we can continue to buy more. On August 8 last year, the US government asked major oil companies not to raise oil prices. Several of their companies also frozen oil prices. In late September, the United States also sent troops to protect oil fields in the sand, but oil prices have been rising. There is demand, panic, and it cannot be stopped."
Yuan Fanqi hesitated for a moment, "The United States has just announced that it will place 1.12 million barrels of strategic oil reserves into the market every day, which will have a certain inhibitory effect on the rising oil prices, but the effect should not be great. I think it will still rise overall."
From these situations, their analysis is still very reasonable, but the facts will not follow their ideas. This is also the reason why many speculators have lost a lot in this wave of crude oil futures.
Long Jianhua asked with a smile, "If the United States sends troops, how many days do you think Lao Sa can last?"
Yuan Fanqi expressed surprise, "Isn't it possible? I got authorization on the 12th. I haven't taken action yet, I'm just intimidating. Lao Sa has fought for so many years. No matter how powerful the United States is, it will drag them to death... Not to mention dragging them to death, at least they can't stand it."
After a pause, he added, "The Iraq-Iraq War has been going on for eight years and has rich combat experience. It is not comparable to the United States, which has not experienced the war for a long time. So I think oil prices will continue to rise. The longer the battle takes, the higher the oil prices."
Kang Liwei deeply agreed, "Lao Sa is a local war. Although the United States has aircraft carriers in the Gulf, the final result will be that the United States will win, but it will take a long time. This period is the period of oil prices rising."
This is what normal people think, and it is a very reasonable idea.
Long Jianhua shook his head, "You can't think so. The Malvinas Islands are 500 kilometers away from Argentina, but they were eventually re-occupied by Britain. Although Old Sa may be stronger than Argentina, they are not much stronger. The Eagle Kingdom is far less than the United States. This war will end soon. The British-Ama War lasted only two months, and this war will be shorter."
"You said that you were authorized on the 12th, but you haven't started yet. The war may not be real swords and guns, psychological warfare, and unexpected surprises. It is possible to fight now, maybe fight tomorrow, or fight again in ten days and a half months, or maybe not fight... After Lao Sa withdraws his soldiers, they will stop fighting."
"However, this war will still be fought. Lao Sa definitely doesn't want to withdraw his troops. A province is gone, and he will not follow the United States' ideas."
"Now it is the issue of oil prices. I think that with the measures taken by the United States, oil prices will fall rapidly and quickly return to their original levels."
Both of them looked at him in surprise, wondering why he came to such a conclusion.
After a while, Kang Liwei asked, "Dr. Long, when should we enter?"
Long Jianhua pondered for a while, "Enter the market when the war begins and buy the decline."
After the two looked at each other, Yuan Fanqi asked, "Do you buy all the decline?"
Long Jianhua nodded, "Go to have a gamble."
Kang Liwei hesitated for a moment, "How much do you estimate the oil price will reach?"
Long Jianhua pondered for a moment, "Not less than 22 US dollars."
Yuan Fanqi followed and asked, "Where is the time?"
Long Jianhua smiled and said, "A month is about. The war will not last long. Countries will increase their horsepower production and will soon return to the level of last August and will stabilize."
The two of them nodded after pondering for a while, without saying a word.
He decided that they could not refute it. They had already expressed their own meaning and fulfilled their responsibilities.
Long Jianhua said after a while, "There are still contracts that can be tied, and you can immediately close them. This time, you can invest more. I think there will not be many such opportunities in the future."
Although it was a communication and discussion, and it seemed to be listening to their opinions, he still gave a conclusion without hesitation in the final decision this time.
Having finished speaking, he said to the two people who were still thinking, "During this time, you two need to work hard and pay close attention to the outbreak of the war. The contract on the United States can be handled now. The Eagle Country can also be handled later. All opportunities are at the moment when the war breaks out."
After the two left, Long Jianhua did not return to the No. 7 courtyard, but took a book on the bookshelf and walked into the small bedroom...
In the elevator, Kang Liwei was very confused, "How did Director Long draw such a conclusion this time? Isn't it good to spread a little bit?"
Yuan Fanqi shook his head, "The decisions of Director Long have very few failed. Our ideas may be the ideas of most financial personnel, which belong to the public thinking; while Director Long's ideas are very comprehensive and have factors that we cannot imagine."
Chapter completed!