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
in the market. If
want to stir public opinions
to stock up on foodstuff,
cause
with what Baz
same time, he
happened when Somerland
war in his
life.
remember the details, but
time, he
issued
the purchase of foodstuff and cooking
this, the people who were already panicked
more panicked.
Somerland in the government, something terribly wrong might have happened
is easy to
we should fully open up the inventory so
caught the attention of both Jasper
“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
there is sufficient
everyone that
sufficient capital and
money at any
no one will believe
bank will go bankrupt.
if you limit the amount
of withdrawals for
bad news
will become a
and
really go bankrupt.
to the question is,
that
at Jasper with
said with
sighed softly and smiled.
has a
money.”
need to
tug of war.
in which you buy what I sell
how deep the pockets of
anyway. One fight for
other
Whoever empties his
thought for a while
should not interfere
the foodstuff
know what to
with this.
already had a lot on his plate and
he was likely
himself.
financial war
Jasper had
himself
financial war.
higher-ups needed was
to face
his golden
were risks
the
unwilling to
would
actions of the government.
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