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
market. If there are
stir public opinions to
to stock up on
to cause social
agreed with what
he began
happened when
the foodstuff war
life.
not remember the
he
issued administrative
the purchase of foodstuff and cooking
people who were
more panicked.
the trust of the people of Somerland in the government, something terribly wrong might have happened
easy to
time, said suddenly, “If the price of foodstuff has fallen, we should fully
the attention of both Jasper and
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
there is
tell everyone that
capital and
money at
one will believe that
bank will go bankrupt.
limit the amount
of withdrawals for
this bad news
the it will become a
and the
really go bankrupt.
the question
have that much
at Jasper with
with a
softly and
this bank has a lot
money.”
don’t need to
of war. This kind
in which you buy what
how deep
are anyway. One
other
empties his
a while
that he should not
the foodstuff
higher-ups would know what to
with this.
a lot on his plate
or did more, he was likely to
himself.
financial
point, Jasper had
situation of himself and JW after
financial war.
higher-ups needed
benchmark to face
his golden opportunity.
risks
the
unwilling to see
would criticize
actions of the government.
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