Extraordinary Genius Chapter 1207 - The Zheng family wants to cooperate

Chapter 1207 – The Zheng family wants to cooperate

In the next year, the gold price will be moving upwards and will even reach 350 USD. This means even if Feng Yu did not use leverage, he would get returns of more than 10 billion USD from the ma.s.sive fund he invested.

Also, why will Feng Yu not use leverage? He used low leverage and also hedging to lower his risk. Wind and Rain Consulting’s profit for this year will be several folds of what they invested.

Even if Feng Yu’s other companies are not listed, his net worth will be more than Bill Gates. Feng Yu is on track to become the World’s Wealthiest Billionaire!

The US stock market is still on the decline, but the drop is not as bad as before. The stocks, especially blue-chips, are still not doing well, as not many people dare to invest in them. Their share prices did not show any signs of rising, but some smaller companies’ shares had started to rise. From Feng Yu’s observation, he knows someone is manipulating these shares.

Also, many investors are still withdrawing from the stock markets. They invest their money in the Gold market, making gold prices soar.

The US attack on Afghanistan will not end so easily. The war officially ended around two to three years before Feng Yu’s rebirth. Of course, this war had ended because Bin Laden was killed. But the real reason is the US is facing international pressure from other nations and financial pressure from within.

The military expense for this war is very high, especially the US soldiers’ salaries. They are one of the most highly paid soldiers in the world. Of course, their salaries are still lower than Italian soldiers.

Sending troops to Afghanistan might have pacified the US citizens, but it brought immerse financial on the US government. In Feng Yu’s previous life, the US was almost bankrupted. But this is only a way to avoid paying their debts.

If they are bankrupt, they will not need to repay their debts!

But US invasion of Afghanistan had showcased the US and its allies’ military power. Other than Russia, no other countries, including China, can stand up to the US in military strength.

Although China’s military had been growing these few years rapidly, they lack offensive weapons. They might be known as the world’s strongest land forces, but China and the US are separated by sea. That means other people can come to your doorsteps to attack you, but you cannot leave your house to attack them. China is at a disadvantage in a war with the US.

Luckily, China’s economy had developed very fast in the past two years. With money, they can bring forward their plans to buy their own aircraft carrier. China has always claim to be a neutral and peace-loving country. But they still need a strong military for defense if they want to be neutral. Especially China has a strong polar bear as its neighbor.

From the national interest perspective, a strong China will be a threat to the US and Russia. The US is used to be the big brother, and Russia is not afraid of anyone.

Since ancient times, there is a saying, ‘Befriend a distant state and strike a neighboring one.’ China’s relations.h.i.+p with Russia had been rocky. If it was not for the US, the war between both nations might have started a long time ago.

China has no intention to be always under the protection of Russia. Some nations supported by Russia or the former Soviet Union was attacked by the US, and Russia did not do anything. The real reason is they don’t have the money to go to war with the US. Anyway, the US also don’t dare to attack Russia.

Since Russia cannot support this nation, they can support another country. Wars will benefit Russia as the most popular weapon, AK47 is produced by Russia. Most of the countries that oppose the US will buy weapons from Russia!

This war in Afghanistan lasted almost 10 years in Feng Yu’s previous life. It is also the same period where Russia and China’s economies grew the fastest.

Because of this war, the US’s status as the most powerful country was challenged.

Dominating over other nations is not in line with China’s tradition and culture. But China can still accept a tripart.i.te. I will not bully others and will not allow anyone to bully me!

Of course, if whoever dares to bully my friends, I will help them to retaliate!

Feng Yu, Fu Guangzheng, and Li Zekai had a long chat, and Feng Yu told them about his future gold prices prediction. At the same time, he reminded Li Zekai to be careful again.

Although the possibility of Feng Yu making the wrong prediction is slim, he will not take chances. This is also why he did not use all his funds and high leverage to buy gold to rise. He needs to set aside emergency funds and use lower leverages and hedging if his predictions are wrong.

“Brother Feng, Kirilenko, and you have gold mines in Russia?” Fu Guangzheng asked suddenly.

Feng Yu smiled and nodded. “We have invested in lots of minerals in Russia. This is in line with our Chinese custom of loving gold. Russians also love fold.

Li Zekai was in awe. Feng Yu’s net worth will shoot up again. Not only will he make a killing in the Gold Futures market, but his investments in mines will also make high returns.

Li Zekai’s father is right. He is nowhere near to Feng Yu when it comes to investment foresight. Feng Yu had started to invest in minerals many years ago when the former Soviet Union disintegrated and had bought those mines at low prices.

“Brother Feng, I have a friend, who’s family is doing gold business. His family’s brand is one of the top ten jewelry brands in the world. Although they are ranked tenth, their gold accessories are one of the top three in the world. They are looking for a stable supply of gold. Are you interested?” Fu Guangzheng asked.

Feng Yu raised his brows. He seems to know which family Fu Guangzheng is talking about.

“Are you talking about the Zheng family? Didn’t they get their gold from the US, African countries, etc.? I remember they also have some cooperation in China. Why are they interested in working with me?”

“That’s right. It’s the Zheng Family. Their supplier from Africa has some issues, and China has lots of restrictions. Also, they are facing lots of compet.i.tors and need to source new suppliers. That’s why they asked me to contact you. I am only asking for them, and it’s up to you to decide.”

Fu Guangzheng implies that this person from the Zheng Family is only an ordinary friend. Feng Yu does not need to agree because of him.

“If he agrees to pay according to international gold prices every month, I can consider cooperating with him. Alright. Help me to ask him out tomorrow. I will speak with him.”

It’s time to sell some of the gold from the mines.

Translator’s note: This chapter is the Author’s fantasy. These Chinese authors always think China is the strongest, most powerful, and all other nations must bow. It’s funny because their media and internet are controlled by the state. They don’t get much access to outside information. How can they determine they are the strongest without comparing themselves with others? From the state-controlled media? Lol.