Dad, I Am the Richest Man Now. Have you Passed Your Exam - Chapter 30

Chapter 30: The Price of Crude Oil May Go Up!

America had a huge role in the economy.

Stocks were constantly limiting up.

Almost every single country on earth paid attention to America’s financial system.

Additionally, Citibank was a universal bank under the Federal Reserve.

To put things simply, those who worked under that particular financial system had easy access to a plethora of financial data.

Money was an easy thing to come across when a part of the bank. No one who worked there lacked money, let alone earn any by themselves.

Their only responsibility was to maintain the order of the financial market of the United States that indirectly impacts the world economy.

Since World War I, people had invented weapons that could cause irreparable damage to the entire human civilization.

However, incendiary weapons were prohibited by the United Nations.

This meant that world wars were unlikely to happen but it does not mean that capital wars will not happen.

All kinds of capital wars had been fought between the Great Powers and there had always been wins and losses.

Furthermore, any unexpected circumstances have to be strictly examined.

Money is important to all.

The financial tycoons on Wall Street have shown the powers of the country.

But it is impossible for an individual to move the entire capital market.

The whole financial market is like a huge dye tank—no one can guarantee that they won’t get stained.

And as the representative of money, finance is like a scalpel—in the hands of doctors, it is life-saving equipment but in the hands of evil, it is a murder weapon.

A scalpel of the highest quality can cut through any layer of skin.

Those who could control the scalpel perfectly were financial elites.

At this moment, the financial elites in the conference room of Citibank were analyzing a live broadcast because they wanted to find out the truth.

The person who was the center of their attention was Ryan.

Under the live broadcast—

People began to clamor as the stock market stopped plunging.

“See, I told you so, the overall stock market couldn’t possibly have dipped.”

“D*mn, I got so scared that I peed myself. I almost sold all my stocks.”

“Other than those unlucky fellows who followed that baldy, the other stocks didn’t seem to fluctuate at all. The program team really scared me to death. I can smell the host’s bullsh*t all the way here.”

“He really thinks that he is a stock God.”

Just as everyone was clamoring, the camera aimed directly at Ryan.

He had made his move at that moment and went to the trading hall to go through all the procedures.

30 million dollars plus 10 times the leverage, directly went into the crude oil futures.

In the next three days, the crude oil futures’ profits and losses would eventually equal to 400 million dollars.

And Ryan’s final capital would be locked at 600 million.

Everyone couldn’t help but gulp as they saw the situation.

Ryan had earned more than 30 million yesterday with a principal of 10,000 dollars.

Netizens started calculating and tweeted that if Ryan’s capital was 100,000 or 1 million, the profit would be—

After some calculations, people were horrified as they saw the astronomical figure.

The tweet became trending in a night.

People liked to ask questions and make up fake scenarios.

“Would you be willing to put makeup on a dead person for a monthly salary of 100,000?”

“Would you rather not have internet for a month or be single for a year?”

The hottest topic yesterday was how would Ryan act if he had more than 30 million dollars in principal.

Who knew that Ryan would be such a stud and go straight into the futures market?

“Oh my God, he’s such a stud.”

Those with experience in investment were going crazy.

30 million dollars into the high-risk futures market and the oil market? Was Ryan crazy?

“In the last two months, the price of crude oil has plummeted to the point where it’s cheaper than water, and he still invested in it???”

“Ryan might be in trouble this time. Due to the storage costs, many cruise ships are floating on the sea. In other words, no one wants any crude oil even if they get it for free.”

“During the European Union meeting yesterday, America made a beautiful comeback. The price of crude oil will be completely controlled by the Americans. It’s impossible for there to be a huge growth now.”

Everyone now believed that whoever invested in crude oil would die.

“Oh my God, this is definitely the craziest incident in history.”

“He actually invested in crude oil. Is he trying to move the entire crude oil market by himself? Is this a joke?

Let’s not talk about the 30 million dollars, I reckon that even 300 billion dollars couldn’t move the crude oil market.”

“Is this “God” that you guys were talking about? I’m afraid there’s something wrong with him. Investing in crude oil?”

“It’s over, it’s over. Did he really choose crude oil? It really is over.”

“In estimate, the principal will be reduced by about five times. Ryan will end up losing more than 10 million dollars in addition to the handling fees.”

???

Many people were dumbfounded.

They began to search for news and other information online as evidence.

Because of the crude oil problem, many small-scale wars were initiated by America to the rest of the world.

The crude oil problem had always been the focus of conflicts between countries.

After all, countries always fought over resources and crude oil was one of the most valued resources in the world.

Would the countries solve the disputes in peace?

Was it possible for crude oil to return to its original value?

Many gas stations in America were giving out crude oil for free now.

On the other side, comments were still flying around in the comment section.

Back at the conference center of Citibank headquarters, many actuaries were on the stage.

Their fingers and arms were moving rapidly.

There were all sorts of symbols, words, curves, numbers, on the stage whiteboard. Not to mention the number of calculations and analyses.

Woooooo—

One of the actuaries stood up excitedly.

Another actuary followed.

In the next second, one actuary after another got up excitedly.

“Report, the stock market is on a falling trend!!”

“As for crude oil… that will depend on the government. If the United States gives in during the meeting with the Eastern countries, then the price of crude oil will soar. After analysis, we found out that the United States will likely give in in the end.”

“How is this possible? How would their government give in?”

“Crude oil is a valuable resource. How would they just give in?”

The leader didn’t believe it.

But the actuary in front of him was certain.

“If the United States doesn’t give in on the crude oil, then the problem would be even more serious. Russia, China, and more than 20 other smaller countries would join forces to protest against the crude oil issue and discuss about demutualization to them.”