The Great Sage Returns from Ten Years of Imprisonment

Ten minutes later, Lingyun issued the trading instructions on time, directing several investment teams to switch from long to short positions and once again short international crude oil futures.

The target this time is the December contracts for London Brent and New York WTI crude oil futures, as well as the far-month contracts for the first half of next year.

At this point, international oil prices began to consolidate around $130, unable to rise further or fall significantly.

The current trend in international oil prices is almost identical to Lingyun's prediction from half an hour ago.

As insiders, Director Li and General Manager Kong were both astonished!

Upon receiving the trading instructions, numerous traders from several investment teams quickly threw themselves into the trading process with unprecedented enthusiasm.

No one complained of being tired anymore, and no one groaned about the hardship. Everyone was as energetic as if they had been injected with chicken blood!

Everyone understands that, given Lingyun's generosity, he will definitely reward him handsomely again once this joint investment project is over!

For a tax-deductible bonus of several million, what's two or three months of grueling work?

What's more, everyone can just sit back and do nothing for the next two or three months, which is basically equivalent to making money while lying down. Where else can you find such a good deal?

It was already around 1 a.m. after a busy period of time.

After more than an hour of continuous buying, several investment teams quickly accumulated a large number of long-term international crude oil futures contract positions.

As the deadline for WTI October contract delivery approaches, trading volume has increased to more than twenty times the usual level, with countless funds flooding into the crude oil futures market.

Under these circumstances, the actions of Lingyun's several investment teams and the investment departments of various airlines in continuously building positions in far-month contracts did not attract the attention of any individual or institution!

Just then, a series of exclamations suddenly came from the trading area.

"Look everyone, international oil prices are starting to fall! They're currently at $129, and trading volume for the October contract is rapidly decreasing!"

"Wow, it dropped to $127.5 in the blink of an eye, that's a really fast decline..."

Hearing the exclamation, Director Li and his team quickly looked up at the electronic screen not far ahead.

The international oil price trend displayed on the electronic screen is plummeting from a high of $130!

Ling Yun reacted quickly, rapidly checking international oil prices and the financial situation on the computer.

The next moment, he reached for the microphone, smiled, and said loudly:

"The climax of today's exciting drama has passed. Those global short sellers who were going to short the October contracts have already been liquidated, and those who could cover their positions have already settled their accounts!"

"The remaining short positions that haven't been settled are just a few low-leveraged, scattered individuals who simply can't support a short squeeze, which is why international oil prices have fallen so rapidly."

"From now on, international oil prices will embark on a long bear market, falling for at least several months. Everyone should hurry up and build positions, and then sell off after today's closing!..."

"Hahaha"

A burst of laughter erupted from the audience, and everyone laughed heartily.

Before the laughter subsided, another wave of ecstatic and relieved cheers and jubilation followed.

The subsequent trend of international oil prices is exactly as Lingyun predicted!

At 1:30 a.m., the October contract for WTI crude oil futures in New York closed, and international oil prices quickly fell back to around $121!

In just half an hour, international oil prices plummeted from their highs, dropping by $10 – a dramatic rise and fall!

The joint investment team, which had been adept at both long and short positions, made a fortune during this market crash!

However, Lingyun's ambitions extend far beyond this.

The perfect time to make a killing will come when international oil prices plummet to around $40!

Just as the October contract for WTI crude oil futures in New York closed, the office area suddenly erupted into the most frenzied and decibel-high collective celebration in history!

In the United Securities investment team's office area downstairs, everyone heard the wild cheers coming from upstairs and turned to look at the windows or doorways, their eyes full of envy!

Meanwhile, the US stock market was also experiencing a dramatic upheaval!

For example, the financial sector, which led the decline in the entire European and American stock markets, has fallen by more than 10%, and the market is in a terrible state, with blood flowing like a river!

The market confidence boosted by the US government's massive bailout plan over the weekend and the SEC's short-selling ban completely collapsed in the plummeting market!

Following Lingyun's strategy, the numerous traders in the United Securities Investment Team quickly closed their positions, locking in profits from this long-to-short reversal!

The other state-owned investment teams that blindly followed Lingyun's lead naturally followed suit, eager to cash in their profits first!

New York, Wall Street.

Goldman Sachs headquarters building, CEO's office.

Lauder sat behind his desk, his face ashen, listening to the deputy director of the crude oil futures department report on the latest developments.

"Last Friday, the crude oil futures department experienced a series of margin calls. Some short positions in the WTI October contract remained, which weren't liquidated on the same day, but weren't closed in time!"

"In today's irrational and frenzied short squeeze, these short positions have incurred another $6 million in losses. The reason for this is Tommy's..."

Upon hearing this, Lourdes was so angry he almost spat out a mouthful of blood!

He knew in his heart that these useless idiots in the crude oil futures trading department were shirking their responsibilities.

They tried to pin all the blame for the huge losses on Tommy, since Tommy had already committed suicide by jumping off a building and there was no way to verify the facts!

With such a ready-made scapegoat, of course we should make good use of him. If we don't shift the blame to him, who else should we shift it to?

Although he knew that these incompetent people in the crude oil trading department were trying to shift the blame, Lauder couldn't deal with these bastards immediately and could only grit his teeth and bear it!

There was no other way; there were no great generals in Shu, so Liao Hua was made the vanguard!

For Goldman Sachs, which has just resolved its liquidity crisis, the crude oil futures trading department is very important and is one of the group's most important business units, and is indispensable!

Although the crude oil futures department had previously caused huge losses, almost pushing Goldman Sachs into an abyss of no return!

However, Goldman Sachs will continue to trade crude oil futures and maintain a strong presence in this market!

As a result, Lauder could only suppress the urge to strangle these useless people in the crude oil futures department and continue to use them for trading!

Especially at this critical juncture, these seemingly useless but actually skilled trading techniques still have some use!

Once we get through this critical phase, Goldman Sachs will be ready for a major overhaul and can kick these useless bastards to the curb!

In a short while, the deputy director of the crude oil futures department had finished explaining the situation.

Lourdes pretended to ponder, lowering his head to conceal the disgust in his eyes.

Then he looked up at the guy opposite him, his face grim, and said through gritted teeth:

"If Tommy hadn't jumped to his death, I would have made that idiot wish he were dead. The enormous losses he caused the company are more than enough to warrant ten deaths!"

"The current situation is that this huge loss of over ten billion US dollars has already occurred, and the only thing to do is to find ways to recover it, to get back what was lost from where it was lost!"

"Fortunately, the trend in the international crude oil futures market is clear, and your department still has an opportunity. Starting today, you will begin shorting international crude oil futures..."

Seeing Lauder's gritted teeth, the deputy director of the crude oil futures department shuddered several times, feeling very uneasy!

But he could only force a smile and listen to Lourdes's orders!

About ten minutes later, he said goodbye and left the CEO's office, returning downstairs to the crude oil futures department with Lloyd's instructions to set up a short position.

As soon as the door closed, Lloyd grabbed his cell phone from the desk and dialed a number with a grim face.

"Johnny, check the trading activity of those five futures accounts at Yuanda Group today. I need detailed trading records!"

"I'm really interested to see how that prodigy performs today, so I can set a price!"