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Text Chapter 116 Swinging Emotions

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    Jonas bought five Bentleys in London, totaling nearly 1.3 million pounds, which immediately caused a huge response in London.  Many newspapers put him on the headlines of their lifestyle pages.  The titles of nouveau riche, second-generation ancestor, and prodigal son emerged one after another. Many newspapers ridiculed Jonas for making a huge contribution to British tax revenue.  Even Sethia felt it was too embarrassing and would not allow him to show off any more.

    Jonas didn¡¯t care about this. He took Latini and her brother Al to appreciate the essence of the decadent culture of the British Empire. He visited almost all the scenic spots in London.  The team of reporters behind him is getting longer and longer, and there is endless gossip about him every day.

    In short, the reports from Switzerland, Germany and Spain are proud because Jonas is their national. The tone of the reports is full of pride that Jonas has an American socialite and a Middle Eastern princess.  The reports in the United States were full of criticism, describing Jonas as a disgusting nouveau riche and crying out for Ivanka.  As for other European media, they took it as a joke and followed Jonas every day to see what kind of crazy moves he would make.

    Yannick was obviously caught off guard by his son's move. Although it attracted most reporters, such a reputation is a stain that can never be erased for the upper class in the European circle.  He got very angry about this and gave Jonas a good scolding.  Jonas was not angry at Yannick's reprimand. As a father, he had finally grown up, so he should let him enjoy the benefits of being a father.

    Even Elini can¡¯t understand what Jonas is thinking. He wants to gain a foothold in the upper class of Europe. Nouveau riche like those in the Middle East and the United States will never be able to integrate. What matters here is taste, history, and low-key.

    Only Richie seemed to understand what Jonas was thinking. He called and asked Jonas: "You are still young now. Can you enjoy the fun hidden behind the scenes?"

    "At least it won't be exposed now. Let my father enjoy the glory for a few more years. I can't let him have no sense of existence." Jonas smiled and said: "What do you think of my current name? Outbreak  Household, second-generation ancestor, and playboy, I think they sound better than entrepreneurs and business giants." Richie was made to lose his temper by his scoundrels.  He hung up the phone angrily.

    Others are easy to deal with, but this little girl Ivanka is not so easy to deal with.  When he received a call from Ivanka, Jonas had just finished swimming with Al in the hotel swimming pool.  Seeing that the call was from Ivanka, he sent Al back to the room first.  "I have an important call, Al, please go back first."

    ¡°Little Al is the same age as Jonas¡¯s cousin.  A 14-year-old child is in the second mature stage of life.  Under Jonas's deliberate win over, he admired Jonas very much. Hearing this, without any refutation, he went back to the room with the bodyguards he brought.

    Jonas answered the phone.  "baby¡­¡­"

    Ivanka interrupted him, "My dear Jonas, don't you have anything to say to me?"

    "I love you baby, I miss you."

    Jonas¡¯ gentle flattery had no effect at all.  Ivanka sneered and said: "How ridiculous, my dear Jonas, you have made me the laughing stock of the public. Now you tell me you love me?!"

    Jonas said: "Baby, it's true that I love you, and it's true that I make you a laughing stock, but there is no conflict between the two. You can't deny my feelings just because I make you a laughing stock. At this moment  My heart is full of guilt and love."

    Ivanka¡¯s tone was a little gentler. In fact, she also knew that losing her temper with Jonas would not solve the problem at all.  Jonas was engaged to that Latini.  She is a latecomer, but she has become a joke in the mass media.  She was so proud that she couldn't accept it.  Maybe this love was a mistake, Ivanka thought bitterly in her heart.

    Ivanka clarified her thoughts and said: "I know this. But I can't understand why you deliberately put on a showy posture in front of the media, put yourself under the spotlight, and exposed every bit of yourself**  , what is the purpose of this?"

    Jonas explained: "Every emerging family will face public scrutiny when it rises, and the Hoffmann family is no exception. For the Hoffmann family, everything is acceptable, but the only  One thing that must be concealed, or should not be exposed, is that the specific person in power is not Yannick, who has been struggling in the mall for almost 30 years, but Jonas, who has just entered society. Therefore,  It is easier and more logical for the public to accept a playboy Jonas than to accept a capable Jonas. Ivanka, I know this is unfair to you, but we cannot let these external reasons affect ourselves.  inner feeling??I love you and you love me, that's enough, or you will care about another woman who will share my love.  However, my love for you is complete, and my love for her is also complete, and you have both received my complete love.  "

    "I can understand what you call complete love, but after all, you are just a person. When you accompanied her to love in London, I shed tears in Philadelphia." Ivanka said: "Jonas, complete love  It cannot replace the complete you.¡±

    Jonas was speechless for a moment.  Ivanka said: "You should understand my feelings. Although that girl is weak, she has the support of the Abu Dhabi royal family, but as for me, I am just a person, and I am not as strong as you think."

    On the phone, Jonas heard Ivanka¡¯s crying and had mixed feelings in his heart.  "Ivanka, please forgive my selfishness. It was me who brought you into such an embarrassing situation. I will find a way to save it all."

    Ivanka asked: "What can you do? For us, breaking up may be the best solution."

    Jonas said: "Ivanka, don't say breakup easily. This is the most irresponsible way to escape. It will not bring us relief, but the pain and longing of separation. If I can, I will  Bear all the pain and suffering, I only wish you happiness and joy."

    Ivanka felt a pain in her heart and could no longer say goodbye to her. The arrogant girl began to surrender to her feelings.  "Jonas, I don't know what to do. I need to think about it."

    Jonas said: "Just wait for my news."

    Jonas has not thought about how to do it specifically, but he must do something, otherwise.  This chick Ivanka will definitely not be able to bear the pressure and quit.

    The next day, Yannick returned to London from Switzerland and wanted to make it before the weekend.  Accepted the last contract.  Jonas followed Yannick to witness this operation.  Although he knew that futures were crazier than stocks, Zhou Lei, who had been doing stocks in his previous life, had never seen it before, so he was naturally curious.

    but.  Just as he was disappointed after seeing the New York Stock Exchange, Jonas was also disappointed by the scene at the Metal Exchange.  It seems that gringos don't do some face-saving projects. The world's largest metal trading center is not as big as the domestic stock exchange, although it is very lively.  But more often than not it feels disorganized.

    In the morning, the futures market is all about transactions between market makers. These are fixed-term contracts, ranging from three months to six months.  Yannick has already absorbed nearly 300 million in these contracts, and all six-month contracts are for the long market.  Near noon, the first trading session begins, and every contract traded is counted on the market display. The ratio of total trading volume to open interest will be one of the pricing criteria.

    The copper futures contract begins its first floor transaction at 12 o¡¯clock.  Only five short minutes.  The second session starts at 12:30, which is still five minutes. After 1 p.m., on-site trading ends. Based on the trading volume between market makers and the trading volume with customers, the open interest is determined.  The official price for the day is announced.  Then the over-the-counter trading started, at this time.  All metal transactions can be carried out at the same time.  After 20 minutes, OTC trading ended.  The morning's trading is all over.

    The two transactions in the afternoon are the same as in the morning. Each transaction and each commodity lasts only five minutes. However, the over-the-counter trading time in the afternoon is five minutes longer than in the morning, making it easier for various traders to adjust their positions according to the official price.  .  Although electronic trading is a 24-hour non-stop transaction, most of it is based on the official price at noon that day.

    Yannick was one of the people who attracted much attention because he spent 25 million on the three-month contract in the early stage and earned 125 million. Not counting transaction fees, the net profit reached 100 million.  This profit is not amazing, but it is extremely surprising that he did not move after holding the order and only changed hands once.  In the futures market, this behavior is almost unheard of.

    The most significant comparison here is oil. In the London crude oil futures market, a barrel of oil has changed hands an average of 580 times. In other words, a barrel of oil has changed hands from the time it was pumped to the time it was sold to the refiner.  An average of 580 times, if a barrel of oil costs US$40, it is equivalent to creating a virtual economy of US$23,200 in the futures market.  So this does not represent the true value at all.

    Although the copper futures contract is not as exaggerated as that of oil, its turnover rate is not low. It seems that there is no one like Yannick who has always held it.  This time, Yannick continued to operate the six-month long contract through Glencore. Because Glencore itself is a member of the exchange, the specific amount will not be easily exposed.  But due to the huge volume, some contracts had to be traded among other members, exposing Glencore's long-term intentions.

    But then the short selling in short-term contracts?? and the practice of buying a large number of short-term short-selling contracts made it difficult for everyone to understand. In fact, even the employees of Ganenko could not understand Yannick's approach.  Of course, he wouldn't have dared to do this if Jonas hadn't told him that copper prices would fall in May.

    We have taken over a total of US$100 million in short contracts expiring in mid-May in the over-the-counter market. According to the current price of US$2,800 per ton, it will fall to US$2,400 by mid-May. A US$1 billion short order held with ten times leverage can be obtained.  Profit of US$160 million.  As for the six-month long contract designated at the beginning of US$300 million, the profit per ton can reach US$200 by then, which is a profit of US$200 million.  The remaining 400 million U.S. dollars are used as adjustment funds to cover and close positions at any time. Although it is possible to increase investment, Yannick did not implement it. After all, the size of the market is here, and the wings of butterflies may cause some kind of storm.

    After seeing the futures market in London, the reporters at home have dispersed, and the relationship with the government has been smoothed. Jonas's trip to London has come to an end.  On the weekend, I took a special plane back home. Grandma Hannah had already prepared a sumptuous dinner to celebrate Jonas's 24th birthday.

    The uncle from Zurich and the aunt from Lucerne both came to the farm with their whole families.  Jonas specially called his two brothers-in-law, Hamad and Abdullah, and had a lively birthday.

    When Latini set out from home, he brought a gift, but he never let Jonas know what it was. At this time, the mystery was finally revealed.  Jonas liked it very much as soon as he saw it. It turned out to be a head made of gold according to Jonas's appearance. Although the head was hollow.  But the size is there, it weighs a few kilograms, and it will cost Mohammed a fortune.

    Although I can¡¯t stand their love for gold, Jonas likes this avatar very much.  Because this avatar is not only lifelike, but also has a very domineering look, enough to satisfy Jonas's vanity.  Jonas knew that Arabs could not make sculptures, and Latini might have put a lot of thought into this sculpture.

    After dinner, Jonas did not chat with his family, but took a group of young people to enjoy the hot springs.  Now that the construction of the hot spring has been completed, an outlet with 100 tons of water per day has been dug out of the hot spring in the cliff. It is cooled by the spring pool in the hall and distributed into stone rooms.  The entire cave is equipped with the most advanced ventilation equipment and monitoring instruments to prevent hydrogen sulfide poisoning.

    At this time, because the hotel outside has not been renovated, it is not officially open for business. However, many people from inside have come to enjoy it, so the equipment is already running.  Jonas and his friends were in a boy's room, and Latini and her girls were in a room. After coming out of the locker room, Jonas saw for the first time Latini's parts from her wrists to her neck. Although she was a little thin, her delicate body was well developed.  It's still quite tempting.

    Seeing Jonas's teasing smile, Latini quickly wrapped her body tightly, lowering her head and not daring to look at Jonas's half-naked body. She was so shy that her whole body turned red. Before Jonas could take a closer look, she slipped away.  Entered their stone chamber.  Jonas laughed contentedly, and seeing him like this made him feel like he was waiting here.  (To be continued)

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