The abnormal spike in foodstuff prices
attracted the attention of Somergrain,
who was already closely monitoring the
prices of foodstuffs.
Almost immediately, Somergrain
contacted Jasper.
Then, a large number of sell orders
immediately appeared in the market.
The price of foodstuff was locked firmly
within 5% to 8% of the price increase
before the opening. Although there were
fluctuations, no matter how much Soros
devoured in the future, Somergrain could
still hedge these orders by selling them..
Narrowing his eyes slightly, Jasper said,
We’re going to enter a tug of war.”
”
In the domestic futures market, the
trading volume of the foodstuff sector
was exponential, and the largest trading
parties were the buyers led by Quantum
Fund and the sellers led by Somergrain.
Just ten minutes after the opening, the
trading volume of both parties exceeded 1
billion Somer Dollars.
This trading volume was already
comparable to the sum of other trading
varieties at the same time.
One had to know that this was only more
than ten minutes after the opening and it
was equivalent to a turnover rate of 100
million Somer Dollars per minute.
Baz was overwhelmed by emotion. He
whispered, “Mr. Laine, once the situation i
s in a tug of war, it is actually not good for
“Yes, if foreign institutions continue to
long domestic foodstuffs, it will cause
the market. If there
to stir public opinions to
to stock up on foodstuff,
to cause
with what
time, he began to think
happened when Somerland
foodstuff war in
life.
not remember the details,
time, he
issued administrative
of foodstuff and cooking
the people who were already
more panicked.
of Somerland in the government, something terribly wrong might
easy to
suddenly, “If the price of foodstuff has fallen, we should fully open up the inventory so that the people can see
attention of
went on to explain, “It’s the same with bank runs. Usually, the run occurs because people start to lose their trust in the bank, and they believe that the bank is losing money and is facing bankruptcy. They’re worried about losing their assets i n the bank, so they will be anxious
there
to tell everyone that this
capital
money at
no one will believe
bank will go bankrupt.
you limit
of withdrawals
bad news will intensify,
will become a
and the bank
really go bankrupt.
to the question is, does the
that much
looked at Jasper
said with a
softly and smiled.
this bank has a lot
money.”
you don’t need to worry-let
this tug of
in which you buy what
how deep the pockets of
One
the other for
Whoever empties his
thought for a while
should
the foodstuff
would know what
with this.
already had a lot on his plate and if
he was likely
himself.
the financial war
point, Jasper had
himself and
financial war.
the higher-ups
face society, so
his golden
were risks behind
was, the
unwilling to see a
would criticize
actions of the government.
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