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
to stir public
stock up on foodstuff, then
to cause
agreed with what Baz
same time, he
happened when
the foodstuff war in
life.
remember
time, he remembered
issued administrative
purchase of foodstuff
were already
more panicked.
of the people of Somerland in
easy to
had been silent for a long time, said suddenly, “If the price of foodstuff has fallen, we should fully open up the inventory so that the people can see that the government has enough
caught the attention of both Jasper and
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 to withdraw their
if there
everyone
capital and
to withdraw money
no one
bank will go bankrupt.
you limit the amount
withdrawals
news will intensify,
the it will become a
and
really go bankrupt.
question is, does
that
looked at Jasper
said with
sighed softly and smiled.
has a
money.”
you don’t need
this tug of
you buy
on how deep the pockets
anyway. One fight
the other for
his pocket
thought for a while and
that he should not interfere
in the foodstuff trade
would know
with this.
lot on
did more, he was likely
himself.
that the financial war had
had to start to
himself and
financial war.
higher-ups needed was
benchmark to face society,
his golden
risks behind the
the higher-ups
to see
who would criticize
actions of the government.
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