Chapter 844: A War Worth 10 Billion US Dollars

New York, Rockefeller Manor.

'It's getting more and more exciting, somewhat beyond my expectations...'

David Rockefeller muttered in surprise after understanding the full situation.

He had not expected that the situation would have developed so quickly after his little scheme not long ago.

The power of the Rothschild family that he had hoped to see had not appeared, but instead, Solomon Brothers, Barings Bank and Sumitomo Corporation had appeared, fighting fiercely with each other. The chips invested by the bulls and bears were already considerable.

However, there was still something that felt wrong to him, and that was why Barings Bank was shorting copper and aluminium futures on the London Metal Exchange!

He knew that the Bahraini family and the Jews could not be considered to be on the same page, and now they were helping the Philipp Brothers, which was completely unlike the Bahraini family's style.

Furthermore, he had not found any conflict between the Bahraini family and Xia Yu, so there was no reason for them to risk their lives.

David Rockefeller always felt that this matter revealed a familiar smell.

After pondering for a long time, he looked confused, put himself in their shoes, and muttered, 'It's really a bit like Jacob Rothschild's style.'

'Since I can guide the Philip Brothers to make a move, using Jacob Rothschild's methods, there is no reason not to set up a hidden hand among the feuding Ballin families.'

'According to this reasoning, the Rothschild family has not yet taken control of the Jiuding Consortium...interesting...'

After thinking about it, David Rockefeller looked at Xia Yu and the Jiuding Consortium with high regard, and decided to continue to pay attention and wait for another opportunity to act.

...

It was also New York, in the suburbs, at Xia Yu's manor.

Seeing a group of familiar Chinese faces standing in the living room, Xia Yu gave a happy smile.

'You all sit down, make yourselves at home. There's tea on the table, and there's a coffee machine over there. Help yourselves.'

After inviting everyone to sit down, Xia Yu talked to the group about the situation of various companies in Xiangjiang.

The people sitting there were all temporarily transferred from Xiangjiang.

They included people like Elwin, Jin Jiajun, Jason Gregg, etc., all elites from various companies under the Jiuding Financial Group, who had also seen the big world with Xia Yu and were relatively mature and stable, and could handle important tasks.

After the discussion, Xia Yu took out the materials that his subordinates had prepared, one for each person. The content of the materials was about the struggle in the copper and aluminium futures markets.

Xia Yu was not afraid of leaks. After all, some secret things would definitely not be written, and what was written could not be hidden.

Moreover, after this battle in the futures market was won, it would definitely be used as a classic case study for internal training within the financial group, so there was no need to hide it now.

As everyone began to look, Xia Yu also picked up the information on the mining giants in the global copper and aluminium markets that his subordinate had brought back from Xiangjiang.

Although all the major commodity exchanges around the world have spot contracts in addition to futures contracts, the quantity is still too small.

The best way to obtain more spot is of course to directly find the major mining companies.

According to the information, last year, in 1979, global copper production was around 10 million tons, and the global market was only worth more than 10 billion US dollars.

Although there are 57 copper mining countries in the world, there are only 11 major copper producing countries in the capitalist world. The top four are Chile, the United States, Canada and Zambia, followed by Peru, Mexico, Zaire, the Philippines, Australia, South Africa and Papua New Guinea.

The total output of mineral copper from these 11 countries last year was as high as 6.5 million tons.

If socialist countries are excluded, the mineral copper production of these eleven countries accounts for about 83% of the total copper production in the capitalist world.

The world's top ten copper producers are respectively, Chile's Codelco, Mexico's Grupo Mexico, Anglo American, Newmont Mining Corporation, Canada's First Quantum Minerals, Australia's BHP Billiton, US-based Southern Copper Corporation, UK-based Rio Tinto, Australia's BHP Billiton and Chile's Antofagasta Minerals.

It is difficult to match the top 11 copper-producing countries with the top 10 global copper producers, because small countries have no power. Copper production is basically carried out by local branches of the world's mining giants, not mining companies supported by their own governments.

Next is the aluminium market.

Last year, global aluminium production was around 12 million tons, and the United States alone produced 4.6 million tons, more than one-third, making it a major aluminium producer and consumer.

The global aluminium market is worth up to 20 billion US dollars.

...

Time passed slowly.

When Xia Yu finished reading the information on the copper and aluminium markets, everyone else in the room had also finished reading the materials in their hands. Xia Yu glanced around casually and noticed that everyone was shocked, shocked by the magnificent financial battle in which the Galaxy Fund was participating.

'Pop!'

Xia Yu gave a faint smile, clapped his hands to focus everyone's attention, and said with a smile:

'Alright, you've got the picture. You're here this time because I need you to participate.

'And your role is very crucial, it can determine whether we can win or not!'

Hearing the first sentence, everyone was still very excited, but Xia Yu's second sentence made them feel their shoulders sink, and they couldn't help but become serious.

After taking in everyone's expressions, Xia Yu nodded and continued, 'If you think about it carefully, you should understand that the key to victory or defeat is outside the arena. I need you to secretly go around the world to buy spot contracts for copper and aluminium minerals, the more the better, and you must be quick, buying more spot contracts in the shortest time possible.'

Everyone was shocked when he said this.

Irving couldn't help but blurt out, 'Chairman, the global copper and aluminium markets combined are worth more than 30 billion US dollars a year. Even if it's now half a year later, and we discount consumption, there's still a market of more than 15 billion US dollars. To manipulate the market, you need to invest at least 5 billion US dollars. This capital...'

At the end of his words, Irving's heart trembled.

Fifty billion US dollars, which is more than 23 billion Hong Kong dollars, and it has to be in cash!

And if you consider the money that has already been invested in the futures market and the money that will be invested next, doesn't that mean that at least 8 to 9 billion US dollars, or even more, will be used in this battle?

After hearing this, the others couldn't help but swallow. This was a huge sum.

When did the chairman suddenly become so wealthy? And is the Jiuding Group, to which he belongs, really that powerful?

Xia Yu smiled faintly and said lightly, 'Don't worry about the money. There are plenty of banks in the world. As long as you can come up with the right leverage, you can easily raise not just 50 billion dollars, but 100 billion dollars.'

Although everyone at the table was on the same side, there were some things that had to be kept secret, and Xia Yu certainly wouldn't say that he was using his own funds, but instead pushing the responsibility onto the banks.

Hearing this, everyone felt slightly relieved, but the huge numbers still shocked them.

Thinking that they would need to spend billions of dollars in the future, everyone felt a huge amount of pressure, but also had the intuition that their blood was gradually boiling.

'Okay, I'll assign you tasks, and you all take notes.'

'Elvin, you will lead the team to the Antofagasta mine in Chile...'

'Jason, you will go to Canada, targeting First Quantum Minerals...'

'Jin Jiajun, you will go to Mexico, targeting Mexicana Copper...'

'...

After the tasks were assigned, Xia Yu told Li Wuming to open the cardboard box next to him and take out a blue file box, and then randomly handed one to each person.

After everyone had received one, Xia Yu said, 'What's in the box in each of your hands is a registered shell company. There are 30 of them in each box, and not only do they have all the basic information about the company, but also the corresponding Swiss bank accounts. In addition, there is an operation manual in each box.'

'Each company and bank account is marked with a serial number. If you have negotiated a contract, dial the number listed in the manual using a local phone, and report the code corresponding to the account serial number and amount. The funds will be deposited into the account within 24 hours...'

After explaining in detail, Xia Yu asked in a deep voice, 'Do you have any questions?'

The crowd shook their heads.

Xia Yu nodded slightly and said with satisfaction, 'It seems that you all listened very carefully, so I won't go into too much detail. If there's anything you don't understand, just call me again.'

'You will be in unfamiliar surroundings in various countries, which poses a risk. To protect your safety, I have assigned you all an elite security team of five. In critical situations, you must listen to their arrangements. They are better at saving lives.'

The group was shocked, but they didn't dare to think too much about it. They all responded in unison, 'Understood!'

'You will stay for dinner tonight. You have some time in the afternoon to discuss things with each other. I have some things to attend to, so I will go out for a while.'

After saying this, Xia Yu led the bodyguards out the door and took a car to New York's JFK International Airport.