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Text Chapter 987 I don¡¯t know who is pitiful (continue the fifth update and ask for monthly votes!)

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    Xiao Qi naturally understood what Tony meant, and still smiled lightly, "I clearly distinguish between friends and enemies. I cherish my friendship with Tony!"

    "I cherish it too!" Tony smiled like the American version of Maitreya Buddha, "By the way, Qi Shao, how are you going to deal with them?"

    "What else can we do? Take them all!"

    Xiao Qi took out a document from the chair next to him, "Tony, please send me this gambling agreement. If anyone can agree to my conditions above, I will sign a contract with them. I will only offer 5 billion, at most  Only sign contracts with five funds and investment banks, and don¡¯t wait until the deadline.¡±

    Tony quickly took over the betting agreement and read it carefully.

    As a senior banker, he certainly knows what is the most important part of the more than 20 pages of gambling agreement in Chinese and English.

    The most important clauses are no more than ten clauses and more than a thousand words.

    After a moment, Tony pondered and said, "Qi Shao, do you really want to take a gamble with them?"

    Xiao Qi ate some snacks and said, "Of course!"

    "But aren't you being too trusting?" Tony took the gambling agreement, "The subprime mortgage crisis in the United States is full of crises. By the second half of this year, it will definitely be unbearable Once the subprime mortgage crisis breaks out  , the economy and the stock market will definitely suffer a heavy setback, and oil futures will definitely follow suit But you are better off, instead, you regard December 31st as the final day of settlement, and the price is even outrageous to 100 US dollars! Isn¡¯t this a deliberate gift of money?¡±

    Tony is worthy of being an elite on Wall Street, and although he is in China, he receives news from Citibank headquarters every day. He can receive any news from Wall Street to the South African gold trading market.

    Especially the oil futures project is a required project for every investment banker.

    It can be said that all futures markets in the world cannot be bigger than the oil futures market. New York alone has a trillion-dollar oil futures market, the London oil futures market, the Frankfurt oil futures market, the Paris oil futures market, etc., are all  It has a considerable scale.

    But they all use the New York oil futures market as the standard, so financial predators are usually lurking in it.

    ¡°The study of oil futures could probably be completed in twenty books.

    The real elites in oil futures are probably more than 100 Well, the real elites mentioned here are the ones who can play the oil system of a small country if you pick one at random.

    And because its market size is so large, it will never be manipulated by one or two or three or five investment banks - even if it is Goldman Sachs, Morgan, Merrill Lynch, Citigroup, etc. combined, it is impossible, so it is in some way  To a certain extent, the fairness of the oil futures market is guaranteed.

    Even if there is some impact, it is still impossible to have a large-scale and sustained impact, because this situation is really too deep and too big.

    ¡°Otherwise, the last time Xiao Qi cheated Goldman Sachs and Merrill Lynch, these two investment banks could have done something to make Xiao Qi lose all his money.

    "I think this gambling agreement is pretty good." Xiao Qi smiled, "You don't think I'm just playing with the money, do you? Five billion U.S. dollars! Even though I have a lot of money, I won't give it away for free.  Give it to someone?"

    "Are you really so convinced?"

    "I'm probably sure about 60. If you're sure, go ahead and bet!" Xiao Qi said proudly, "By the way, tell those guys on my behalf that if you want to bet against me, then there won't be a single word in the betting agreement.  Change! Let¡¯s win money if they can! Let¡¯s see who wins.¡±

    "I got it."

    Tony saw that Xiao Qi was resolute and did not try to persuade him. After all, this was Xiao Qi¡¯s money and he could do whatever he wanted.

    However, he is not optimistic about Xiao Qi either.

    The current futures price is about US$58 per barrel, and Xiao Qi actually wanted to bet that the oil futures price for delivery on December 31st would be US$100.

    The betting agreement is based on 80 US dollars per barrel. If it exceeds 1 US dollar, they lose 50 million US dollars to Xiao Qi. If it reaches 100 US dollars, Xiao Qi can earn 1 billion.

    On the contrary, if the oil price falls below 80 US dollars per barrel, then Xiao Qi will lose 50 million US dollars to them for every dollar it falls. After losing, the position will be liquidated, and the gambling agreement will be completed.

    Calculating, Xiao Qi can win a maximum of 1 billion US dollars in gambling wins from each of the five investment banks, and Xiao Qi will only lose a maximum of 5 billion, which will be divided among the five families.

    It seems that this gambling agreement is very fair, but in fact, I don¡¯t know how many people laughed at Xiao Qi¡¯s stupidity.

    The current price of oil futures has dropped by about 10 US dollars compared with the end of last year, and the economic situation this year is even worse. Seeing that the subprime mortgage crisis in the United States is almost unstoppable.?It's about to explode, but despite the economic downturn, how many people are still using a lot of oil?

    It will definitely fall!

    It fell to the point where its grandma didn¡¯t even recognize it!

    Xiao Qi actually went against the current and wanted to bet $100. Any sensible Wall Street financial expert would think that Xiao Qi had changed his name to the "Wealth-Giving Boy".

    However, they do not have the eyes to travel through time and space.

    Of course, you don¡¯t know that in the next few years, the price of oil will be more ups and downs than an epic, and it is simply not something that people can predict.

    The economy is not good, and when it is supposed to fall, it increases prices crazily.

    The economy has recovered, but when it should rise, it keeps plummeting.

    In a word, oil will break the hearts of many investors and investment banks in the past few years, leaving behind a broken heart.

    "If Xiao Qi is bold, he can use 50 billion US dollars, or even his shares in DreamPad, App Store, Chosegirl, Weibo, and Fairy Real Estate to bet against this group of people and eat up these reckless people in one fell swoop.

    But Xiao Qi has no other advantages, but caution is his greatest advantage.

    5 billion US dollars is the limit that Wall Street investment banks, or even to put it bluntly, ordinary people can bear given their current mentality.

    Xiao Qi finally won 5 billion U.S. dollars, and he won it from five families. Although everyone would be envious and jealous, they would not go crazy. They would only admire Xiao Qi's courage, vision, and courage!

    But if it¡¯s a $50 billion win or loss, I¡¯m afraid the U.S. government will have to directly rob him, and everyone¡¯s envy and jealousy of Xiao Qi will turn into crazy jealousy and hatred!

    You Xiao Qi made a fortune by relying on your DreamPad, that is your ability.

    But if you win 50 billion U.S. dollars by gambling, then wait for people to cast aside you morally!

    How could Xiao Qi become the public enemy of the whole world?

    Making a fortune in a low-key manner is what he pursues!

    So 5 billion is enough this time!  (To be continued. Please search Piaotian Literature, the novels will be better and updated faster!)
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