v3 Chapter 863： Depressed John Goofland (1/2)

The latest website: ”Is anyone else buying copper metal?”

In the City of London, the headquarters of the Bright Fund, George Berkeley frowned slightly.

The subordinates in front of him nodded and said: ”Yes, I communicated with Rock Fund, not theirs. I just thought it was normal raw material procurement at first, but it is certainly not a coincidence that I encountered such competitors one after another. I have ordered someone to investigate where they came from.”

George Berkeley stretched his brows and thought about it for a while and said: ”Increase the acquisition. The purchase price can be adjusted according to the price of the futures. The speed and quantity can not be reduced!”

The market changes at any time.

After Sumitomo Corporation's sudden effort, the situation went in a better direction for Bright Fund, which has exceeded George Berkeley's expectations. The growth of LME copper futures and LME aluminum futures is quite gratifying.

Under this circumstance, if the speed of purchasing the spot cannot be increased, the price of the spot will also increase. In the early stage, it is not willing to increase the price to purchase, and it will also cost a high price to buy it later.

Instead of this, it is better to raise the premium earlier and buy more spot contracts.

Anyway, George Berkeley is confident and his own capital is strong enough to make money back when he is reluctant to sell his stock.

”Understand!” the subordinate replied loudly.

”Go ahead, hurry up!”

George Berkeley waved his hand to dismiss his subordinates.

...

Peter Niles was in a bad mood at the Bahrain Bank headquarters, a few hundred meters away from the Bright Fund.

The news reported by the subordinates responsible for the purchase of copper and aluminum spot contracts gave him a bad feeling.

Of course, while depressed, there are also some fortunate.

Fortunately, I decided to purchase a spot contract, only to discover that the enemy had been hoarding secretly.

If it is not discovered in advance, the Bahrain Bank will suffer even greater losses when it breaks out.

So, who exactly is acquiring the spot contract for copper metal and aluminum metal?

Bright Fund?

Sumitomo Corporation?

Or is it the Locke Fund of the Howard family?

Slightly shook his head and brought back the divergent thinking. With a glimmer of expectation, Peter Niles looked at the executive Jack Colassi who was sitting across from the spot and asked: ”Jack, you know it is Who is buying spot contracts? How many have they bought?”

Jack Kolasi shook his head in the disappointed gaze of Peter Niels and said: ”President, I started to inquire about the relationship and learned about two of them. One is Rossi Trading Company and the other is Costi. Regrettably, I have never heard of these two companies before. I asked a lot of people and said they didn’t know. They were all unknown before. I guess it should be a shell company, and from the information found in the industrial and commercial department, the equity It has been processed, and it is impossible to find out who is behind it in a short time.”

Although Peter Niels regretted, he nodded in understanding and didn't blame him.

The enemy is so cautious, it can be seen that it has been planned for a long time.

It is undoubtedly quite stupid for the Bank of Bahrain to jump into the futures market.

Unfortunately, it's too late to regret it now.

Thinking about it carefully, these two companies are definitely not all known. There are definitely other shell companies that are also acquiring spot contracts. Although the people behind them can’t find out, they should be the Bright Fund, Rock Fund and Sumitomo Corporation. One or more of them.

Suddenly, Peter Niles felt a sense of anxiety.

He thought for a while, picked up the phone, and dialed the number of Chairman Barrett Ballin's house. It was a servant who answered the phone. Peter Niels immediately identified himself and asked him to call Barrett Ballin.

Soon, Barrett Bahrain, who was watering the flowers, dropped the spray can and returned to the living room to answer the phone.

Peter Niels immediately relayed the situation reported by Jack Colasi, and then offered his own opinion.

”... President, this is the situation. I suggest that we increase our spot acquisition efforts as soon as possible and acquire as many spot contracts as possible, which can reduce our losses. If we acquire more land, we may be able to turn losses into profits.”

”...”

”Okay, I understand, I will execute it immediately!”