Font
Large
Medium
Small
Night
PrevPage Index    Favorite Next

Chapter 579 Big loss this time(2/2)

For example, precious metals, corn, soybeans...etc.

Because physical prices plummeted, the money lost was made back in the futures market.

If it rises sharply, the rising price of the physical object can offset the losses of short orders.

Of course, if your appetite is too big and you place a short order that far exceeds your own spot inventory,

If it cannot be made up on the delivery date, the only option is to breach the contract and pay liquidated damages.

Just when Aso felt that he would not lose money this time and would make a fortune, he suddenly received a call.

It's a call from the futures exchange.

The other party was prepared to trade in spot and asked Aso Yoshikichi to prepare the banknotes.

With more than 12 billion U.S. dollars, even if Aso Yoshikichi turns himself into a golden man, he still can't sell it for so much money.

The futures exchange will not deceive Aso.

This proves that people can indeed mobilize so much gold.

Regardless of spot or liquidation, you will lose 1.5 billion US dollars.
Chapter completed!
PrevPage Index    Favorite Next