Chapter 911: Huge floating profits on the eve of the oil futures harvest

Back in New York again, Xia Yu first paid attention to the situation of the merged Philip Solomon Company.

The company still hadn't completely integrated some areas, but in terms of progress, Xia Yu had nothing to say, as John Gufran, the future 'king of Wall Street,' was very capable.

And even during the integration, Phillip Solomon was still running very well.

Phillip Solomon's strength in the futures sector was still very strong. Although it had temporarily cut back on its business in high-grade copper futures and aluminum futures, it was still investing very aggressively in the oil futures sector.

But thinking about it, after all, the Philip Brothers company was also a futures leader before, that is, it was knocked down after being schemed by Xia Yu. Now it has merged with Solomon Brothers, and it is still a giant for other peers.

Afterwards, Xia Yu also learned about the investment and operation of the New York branch of Jiuding Securities Company. Toby Moulton is doing a good job running the company.

And although Polaris Capital did not acquire the company, Toby Moulton bought 13.6% of the shares on Wall Street.

Xia Yu planned to transfer these Disney shares to the UK's Bright Fund banner to prepare for future actions.

Afterwards, Xia Yu brought the pre-investment target survey information collected by Toby Moulton, and after browsing it, circled a number of key long-term investment targets.

The most typical one is Kodak, the camera giant.

Xia Yu knew very well that 1981 was the era of photography, and Kodak had launched epoch-making products. In the 1980s, the shadow of Kodak was present in the best years of many Chinese people.

It was also in this year that Kodak's sales exceeded 10 billion US dollars, and its market value also skyrocketed to over 10 billion US dollars, making it the 10th company in the US in terms of market value.

Therefore, leveraging financial leverage to invest in Kodak at this time would definitely be very profitable.

After Xia Yu arrived in New York, Warren Buffett learned of his arrival and invited him to lunch at the most famous steakhouse in New York.

While enjoying Warren Buffett's compliments, Xia Yu had a good chat with him about the art of investment, which was very beneficial to Warren Buffett.

If Warren Buffett had listened to Xia Yu's advice, the value generated by this lunch could have been worth more than just a few million dollars, and tens of millions or even hundreds of millions of dollars was not impossible.

As Xia Yu left, a thought popped into his head: perhaps in the future he could add an item to the annual auction at his Sotheby's auction house called 'Lunch with Xia Yu'. The auction funds would then be used for charity, which would definitely become a beautiful story.

Of course, after this idle fantasy, Xia Yu dismissed the idea. He preferred to hide behind the scenes rather than become world-famous. This was the way a true capitalist who dominated the distribution of world resources should behave.

Perhaps it was the opportunity for a cup of tea or a meal that decided or contributed to something that had a profound impact on the world.

Exposure under the spotlight, jumping around under the eyes of countless people, is called being a rich man, or at best a super-rich man.

Finally, Xia Yu quietly arrived at the headquarters of Galaxy Fund. After inspecting the company, he called a meeting with Xue He, Song Yang and others to make plans for investing in oil futures.

In the meeting room, Xia Yu went through the reports provided by various investment groups to understand the current situation of Galaxy Fund.

From September to December 1980, Xue He and the others did not idle either. Despite the fact that the price of oil futures had been rising, they still unswervingly invested their capital.

It was only after 1981 that they completely stopped investing, even though the price of oil futures continued to rise. They faithfully carried out Xia Yu's orders and resolutely refused to enter the market again.

Between September and December, the Galaxy Fund invested another 1.378 billion US dollars in the oil futures market, again without using leverage.

The main reason was that David Rockefeller had already found out that Xia Yu was speculating in oil futures, so Xia Yu had to do this for insurance purposes. After all, he didn't have much else, just a lot of liquid funds.

Over the course of four months, the 1.378 billion US dollars invested bought 45,800 contracts at an average price of 30.1 US dollars per barrel.

Today, the Galaxy Fund has invested a total of 7.138 billion US dollars.

Together with the previously held oil futures contracts, the Galaxy Fund has 313,600 futures contracts in its hands, and is a major oil futures speculator hiding behind the scenes.

Based on today's latest opening price of 33.7 US dollars per barrel, the total value of these oil futures contracts is currently 10.57 billion US dollars.

After subtracting, the floating profit is as high as 3.43 billion US dollars!

That's more than 2 billion more than the 1.256 billion calculated at the end of August, a windfall!

Of course, even if this time makes a lot of money, it will never exceed the amount made from speculating in gold futures before.

There's no way around it, because the oil futures market is just getting started nowadays, and the market capacity is far less than that of the gold futures market. He didn't invest as much as he did in gold futures before, so it's already very good to have such a large profit.

Putting down the report, Xia Yu tapped his fingers on the table to focus everyone's attention on himself.

Xia Yu said slowly, 'The number of contracts we have in our hands is already very large. Have you all prepared a comprehensive exit plan?'

'Boss, my team has already designed a plan. After repeated simulations, there should be no loopholes.'

'Boss, my team has also prepared a plan...'

...

A group of senior executives answered in succession.

Because they had already experienced even bigger scenes when speculating in gold futures, they all had experience.

Since they had stated that there were no problems, Xia Yu was relieved.

'Boss, the price is about to reach 34 US dollars per barrel, and the fluctuations in price are already quite obvious. Should we withdraw?'

After a moment of hesitation, Xue He said with some concern.

The others also stared at Xia Yu, sharing his concern.

Xia Yu smiled and said slowly, 'Don't worry, there is still a lot of room for growth.'

'Don't look at the big fluctuations today. Tomorrow, you watch TV and keep an eye on the news from the White House, and I guarantee that the price of oil futures will soar!'

Xue He and the others' eyes lit up, and they heard what their boss Xia Yu meant.

'Boss, tomorrow is when the US president takes office. Do you think the US government will intervene in oil futures policy?'

Song Yang asked hurriedly.

They all knew that their boss had been busy with the US election last year. Although they didn't know the details, they knew that if it was something that could occupy their boss's mind to such an extent, it definitely wasn't trivial.

Therefore, in their opinion, with the boss's energy, it is definitely possible to learn about the US government's yet-to-be-announced decree!

Unfortunately, even though they were curious, Xia Yu did not tell them, and simply said once again, 'You will know tomorrow.'

At a time when everyone was feeling disappointed, Xia Yu said again, 'But now I will draw a line for you. As long as the price of oil futures exceeds 37 US dollars per barrel, you will begin to withdraw in an orderly manner.'

'According to my estimate, the highest point should be above 39 US dollars per barrel.

'Leaving a margin of two dollars, you should be able to complete the retreat, right?'

'We can do it!'

'No problem, boss!'

...

Xia Yu nodded slightly, but inside he wasn't worried.

According to the original historical trajectory, the oil futures price caused by this oil crisis had skyrocketed, but it had never exceeded 39 dollars per barrel, and it had never broken through the 40 dollar per barrel line.

This time, he had also invested more than 7 billion US dollars, which had directly raised the threshold.

And since he's eaten such a big piece of the cake, the pieces going to the financial predators on Wall Street are naturally even smaller.

Given their greedy nature, they won't retreat without getting enough of a profit, so it's very likely that they will continue to push prices up.

Under the influence of his butterfly wings, the price of oil futures this time is likely to break through the 40 USD/barrel mark, fulfilling the unfulfilled wishes of those speculators in the previous life.

So he arranged to flee after the price of 37 US dollars per barrel, which is simply too safe!

Finally, the meeting ended with Xia Yu's inspiring words.

Xia Yu returned to his manor near New York to prepare for a good rest and to prepare for what was going to happen tomorrow.

That night, Ronald Reagan held a special 'candle-lit celebration' to thank the donors and entrepreneurs who would attend the inauguration ceremony the next day, as well as those who had supported him in the election.

But Ronald Reagan did not invite Xia Yu to this celebration party. Even if he did, he would not have gone, as it was not befitting his status. The party was only for ordinary supporters.

His stage was tomorrow night!