Meanwhile in the Somerland futures
market, Kelly Group was very strong
willed. When they said they would invest 1
o billion, the funds arrived immediately
without any hesitation.
When this 10 billion short order entered
the domestic futures market, Soros’s
scalp was tingling.
Kelly Group was not the only one making
his scalp tingle.
Because one after another, a large number
of short orders began to appear in various
sub-catalogs of Somerland domestic
foodstuff futures.
There were many short orders
everywhere for soybeans, wheat, and
other products.
These lists were not large when they were
on their own. The largest amounts were
just orders with hundred million as the
unit of measurement, but the sheer
number of orders were too much.
According to past experience, Soros immediately asked the team to analyze where these scattered short orders came from. It would be fine if he did not analyze it, as he started cursing immediately after the analysis.
The sources of these short orders were almost all from the Somerland mainland and there were various sources for the short orders.
It was fine for some of them that were food companies. They would be considered forward-looking and strategic if they were willing to take out ten thousands to short sell. They knew that they would only get short-term benefits if the price continued to rise. If the pricing power of future foodstuff prices were to b e robbed by the West, they would be finished sooner or later.
So, this kind of short-selling was reasonable, but if you were a hardware company and a small company with a profit of only 20 million a year, why the hell would you put together 4 million and start short-selling foodstuffs?
“Aren’t these rascals from Somerland
afraid to lose all of their money?”
Soros was furious. His balding head
became brighter and brighter as he cursed
with a strange, surprised, and angry
expression, “It’s just a few million empty
orders. We can defeat all of them with a
single wave, yet they have the balls to
come and join in the fun?”
Rogers next to him also had a gloomy
expression. He said, “But there are too.
many of the same orders. If one of them is
several million, then 10 or 100 of them
would be several hundred million. This
will be very unfavorable for us.”
After speaking, the corners of Rogers’
mouth twitched and he said to Soros,
Why do I have the feeling that we are
being beaten up by the entire Somerland
merchant group?”
“And that blasted Kelly Group!”
Soros gritted his teeth with a livid
expression.
“They’re so bold and blatant. Aren’t they
afraid of the sanctions by the United States? By then, they would not be able to buy even one gram of raw materials internationally. How long will it take for a sugar company to go bankrupt without sucrose and raw materials?”
Rogers pursed his lips, ignoring Soros’s
grumbles.
This kind of thing was not something
they could decide, nor could it be dealt
with now.
Hence, Rogers began thinking about how t
o solve the current problem.
“The financial market will directly affect the spot trading, but in turn, the spot trading can also directly affect the futures market. My friend, we should now release the food we bought that are in our hands.”
Soros immediately understood what Rogers meant. He frowned slightly and said, “But the amount of food we bought i s far from the expected amount. That damn Grandland Corporation is too cowardly. They immediately breached the contract after Jasper played some dirty trick on them. No matter how we threaten and tease them, they just lower their heads and dare not come out. This is very troublesome!”
