Vol 5 Chapter 148: , The crops are ripe
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Bulgarian Empire
- New Sea Moon
- 1602 characters
- 2021-03-03 10:31:12
A genius remembers the address of this site in one second: (Vertex Chinese), the fastest update! No ads!? "Your Majesty, Carl organized a secret international crude oil company meeting, everyone is here to make money, there is no need to hang on forever! "Ferdinand said lightly
This makes sense, as if the oil price in the international market continues to be low, and he did not make it.
But such a good thing is about to end soon. Although oil companies are profitable, who would dislike the fact that they make more?
Once everyone unites and monopolizes the supply of crude oil in the international market, won't that profit double?
You know, when the price war was the cruelest, 80% of the oil companies were losing money, and the weak ones were squeezed into bankruptcy.
Beginning in 1918 and lasting until the end of 1926, this period of time was the twelfth lunar month for oil companies, and everyone could only support it.
Most of the time, they can only maintain a low profit state, and occasionally lose money. I guess no one believes these things, but they are all facts!
After the end of the World War, crude oil consumption dropped sharply and oil prices began to fall.
Later, with Bulgaria's oil development, under the intentional control of Ferdinand, oil prices plummeted.
After the split of the United States, crude oil consumption in the international market drops again, and there is no way that it can only continue to fall.
It was not until Bulgaria acquired the Caucasus region that Ferdinand felt that it was almost time to close, and the international crude oil market began to return to normal.
Once bitten, twice shy!
The capitalists have been tossed very much. After so many years, the big oil fields in Ferdinand's memory have been bought one after another. At this time, he also needs to make money.
"Yes, Your Majesty!" answered Karl Palace
What will happen if the oil companies stop confronting and instead cooperate?
If you have your toes to think about this problem, you will know that international oil prices will rise rapidly.
The current international crude oil price is only 6 to 8 lev per barrel. How can such a price of cabbage continue? (Origin price, excluding freight and packaging fee)
"Your Majesty, what price do you think is more appropriate to adjust the crude oil price?" Karl asked after thinking about it.
"The international people's livelihood related to oil prices must be based on stability. We still listen to everyone's opinions. In the coming year, the international crude oil price will remain between 15 and 30 levs, which is a reasonable price!" Nan thought for a while and said
Carl was shocked. He knew that the era of oil profiteering had come. Even if it was not as good as the 3 pounds (about 75 Levs) during the World War, it would have doubled compared to now!
"Yes, Your Majesty!" Karl answered without hesitation
He knew that rising crude oil prices might make a lot of money, but this was definitely not Ferdinand’s main purpose. But he didn't have the idea of continuing to ask. As a qualified housekeeper, he couldn't be curious.
If the international oil price doubles in one year, what kind of impact will it bring?
No one can answer this question. Except during the World War, there has never been such a big fluctuation.
Ferdinand does not know what will happen to other industries, but companies in the oil-related fields are likely to usher in a disaster.
This is a very common economic method. First reduce the price of oil and let the oil industry develop. Now that the industry has matured, it will come out to cut the Philippine vegetable.
When the price of crude oil was the lowest, it only needed 3 to 4 lev per barrel, which was cheaper than using coal as fuel.
(Remarks: 1 barrel of oil = 42 gallons = 158.99 liters, one ton of oil can hold about 7 barrels, depending on the density)
As oil prices continue to fall, trains are burning oil, cars are burning oil, ships are burning oil, and even boilers in many places are burning oil.
The steam engine has been eliminated, and oil has replaced coal and has become the first energy source of this era.
In short, the oil industry in this era has matured, and the entire society is inseparable from it, and it is time to harvest.
This problem is not only seen by Ferdinand, but also by other consortiums. Otherwise, in recent years, so many oil companies would not have changed owners.
...
London
After Prince William received Ferdinand's telegram, he accelerated the pace of selling the industry. Not only stocks, but also real estate in London, some corporate factories are all targets of selling.
Not only is he selling assets, but other consortia are also consciously or unintentionally reducing their holdings. Obviously, they know that the danger is not one or two.
This has not reduced people's enthusiasm for the stock market. The media are reporting good news every day, and companies are making huge profits on their annual reports.
There is no doubt that it is still a bull market!
London is the world's financial center. Tens of millions of funds flow into London every day, most of which flow into the stock market.
It is this living money that continuously flows into the stock market that pushes up the price of stocks.
"William, you are not optimistic about the market, is this going to retreat?" Prince Henry asked suspiciously
"Yes, Henry! Come look at the annual reports of these companies, oh my god? You have to be professional in fraud?
For example, this guest car company actually sold more than 100,000 cars last year, with a profit of 70%. Is this bullying that my family does not have a car company and do not know the profit of the car?
And this sales volume. If they have such a large sales volume, why have I not seen a few guest cars on the streets of London?
And this maintenance rubber company, who didn't know that the rubber plantations in Southeast Asia suffered heavy losses, and their rubber production was greatly reduced. They actually grew against the trend?
Are these people's brains flooded? Once such an obvious problem is discovered, the stock price will fall apart immediately!
There is a frenzied existence, Henry, are you still optimistic about the London stock market? "William asked rhetorically
"Like you, we are not optimistic about the London stock market, but it has not yet reached its peak. Normally, the time for the crash has not yet arrived!" Prince Henry thought for a while and said
"Of course it hasn't arrived yet, aren't you also starting to retreat? Don't tell me, you don't know these things!" Prince William frowned and said
"Isn't this your leader? The stock market is different from other industries. If you want to retreat, everyone retreats together, otherwise no one can run away. If you don't want to play, we don't dare to continue!" Prince Henry thought for a while and said.
"We dare not play anymore. In the same period of 1928, the daily flow of funds into the London stock market was 11 million pounds. Now the daily flow of funds into the London stock market is 12 million pounds.
These are all data on the surface, and it seems that it has increased. In fact, at least one million pounds of funds flowed into the stock market were invested in in order not to affect market fluctuations.
However, the daily outflow of funds from the London stock market is as high as 15 million pounds, and it is still increasing. The growth rate of the stock market is obviously problematic! "William said directly
Retreat must also pay attention to policy and theory, and it is impossible to leave blindly. It is a good way to leave the field slowly ~EbookFREE.me~ to continuously release positive news cover.
The media will only report that the money flowing into the London stock market is increasing, and no one pays attention to the money flowing out of the stock market.
Even if someone finds out that the company's annual report is falsified, one by one is pretending to be confused. Telling the truth at this time is mortal.
Unless the consortium has almost withdrawn, then is the time when the media comes out to expose the dark side of society. If you pierce the window paper at this time, newspapers will not be able to enter the market.
"Well, William, I admit that what you said makes sense, but you are too anxious. Is there any major event that I don't know about?" Prince Henry asked suspiciously
"Not yet, but there will be soon. You can investigate by yourself? I don't think you can find it out?" William said puzzled.
"William, you don't know, it's not my turn to intervene in the family's industry. I care about these problems because of my own industry. If I use the power of the royal family, it's easy to gossip!" Prince Henry wrinkled Brow said
William nodded. These things are very normal. If it weren't for the Bulgarian royal family that hadn't grown, just their father, son and brothers would not be so peaceful.
If there are more people, there will be more things, and if you provoke these contradictions for a little benefit, you will lose more than you gain.
"This situation will change soon, you will soon have your own door, and these troubles will no longer exist!" William comforted.
"Thank you, William! These are small problems, I can solve them.
Can you tell me how long did you judge the London stock market crash? "Prince Henry asked seriously
"About 1930, this is the time most consortia expected, everyone is starting to raise funds!" William thought for a while and said.
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