Rebirth 1979: Marrying a poor girl at the beginning
Chapter 375: Triple profit!
Seeing the words "National Sports Commission Information Room" written on the cardboard box, Lin Zhengjun laughed and said, "Huh, you got the videotapes of the martial arts athletes?"
"Hey, Zhengjun! Coach Wu, Xiao Li, you're here!"
"Welcome, welcome. From now on, we will be working in the same crew!" Fu Qi, Shi Hui and Zhang Xinyan hurried over to shake hands and greet each other with smiles on their faces.
"Mr. Fu, we will do our best to make a good movie!" Huang Qiuyan said with a smile.
Li Lianjie laughed and walked to the video recorder, fiddling with it curiously, and said, "This thing is good. It's smaller than a movie, but you can still see it!"
Fu Qi smiled and said, "In addition to the salary subsidy your sports school gives you, our crew will give you a living allowance of one yuan a day to supplement your nutrition!"
"Another dollar living allowance? Haha, Mr. Fu, you are so generous. Thank you so much. I will definitely study acting well and work hard to act in good movies!" Li Lianjie smiled brightly and was very excited.
Li Lianjie and his people are organized people, they are within the system, so they cannot get paid directly from the left-wing film companies, otherwise it would be considered capitalism.
Although the Sports Committee has agreed to allow the sports school and the martial arts team to support the filming of the movie, it will not support it in vain and will definitely ask for compensation.
The current result of the negotiations between Great Wall Films and Shichahai Sports School is that after completing the filming of two films, Great Wall Films will give the sports school a total of 40,000 yuan!
However, the Shichahai Sports School still pays Li Lianjie and his colleagues a fixed salary and a few subsidies.
As a middleman, Shichahai made a lot of money.
In fact, the operations of seconded actors such as Gong Xue and Zhu Lin are the same.
They do not get paid by Great Wall or Beijing Film Studio, but by their original employers. The film remuneration is also given to the original employers.
Now Li Lianjie is quite satisfied with his income.
But historically, he later realized that a supporting actor in Hong Kong only earned 50 yuan a day, which was equivalent to his half-month salary, and he was already dissatisfied.
Later, "Shaolin Temple" became popular, and a Hong Kong film producer offered him 300 million to film, but the martial arts team and the sports school still wouldn't let him go and gave him a fixed salary, so he became heartbroken...
Fu Qi knew that the income gap between the two groups of people in Hong Kong, Taiwan and the mainland was too huge, so he gave them an extra dollar in subsidy every day.
"Okay, okay! You guys go to the guesthouse and check in first! Buy all the daily necessities you need today, and the training will officially begin tomorrow! The actors will learn martial arts, and you athletes will learn acting!" Fu Qi said with a smile.
"Okay! Then we'll go over there first!"
Wu Bin strolled away with a few of his favorite students.
Zhang Xinyan pulled Lin Zhengjun and said, "I've got all the actors' daily training videos and competition videos. You have to watch the videos with me later to select the actors!"
"No problem!" Lin Zhengjun said with a smile.
Fu Qi came to sit behind the desk, pointed at a chair in front of him, and said with a smile: "Zhengjun, come here!"
Lin Zhengjun walked over, and Fu Qi pointed to a newspaper in front of him and said with a smile: "Do you understand English?"
"The Wall Street Journal? The silver market is going crazy?" Lin Zhengjun picked up the newspaper and started reading.
"Wow, you also know English?" Fu Qi was surprised.
"Well, we also learned English in high school, but at that time there was a movement and everyone thought learning English was useless and didn't want to learn it."
Lin Zhengjun said: "I am different. I was wrongly classified as a descendant of the landlord class. I was not eligible to participate in the movement. If I participated, I would be criticized. So I put all my energy into studying, including English. The way I learned was simple and crude - I recited the entire English-Chinese Dictionary!"
"hiss!"
Fu Qi took a breath and said, "Zhengjun is amazing. Apart from anything else, his perseverance alone is truly terrifying!"
"This is yesterday's Wall Street Journal. It was sent by the Ministry of Foreign Affairs. Liao Gong specially approved it. He sends me one copy every day. Do you understand it?"
“I understand!”
Lin Zhengjun smiled and nodded, picked up the newspaper and read the report carefully.
Thousands of miles away on the other side of the ocean, the silver storm has become increasingly violent.
The reason is that some traders whose contracts are about to expire find that they can no longer buy silver on the market.
Generally speaking, there are three solutions after a futures contract expires.
The first is physical transaction.
What you bought from me is a silver contract. When it expires, I will just give you the physical silver.
This is also the method adopted by many futures traders, because the price of physical silver is not necessarily the same as the price of the futures contract, and there is room for profit differentials.
But now, they found that not only did the price of silver increase, but most importantly, it was no longer available in the physical market.
At first, only a few people noticed this phenomenon.
But gradually, as the number of investors' contracts expired and the trading volume increased,
Everyone was horrified to discover the fact that silver could no longer be bought.
At this moment, there was a silver shortage in the whole world.
At this point, the futures traders panicked, as they had clearly discovered that this was a huge trap.
Someone was hoarding a large amount of silver while pushing up the price of futures contracts.
Once they can no longer buy physical silver, they are left with two other options.
Cash settlement or position transfer.
Cash settlement means giving cash of equal value of silver according to the current market price.
For futures traders, that means they will suffer huge losses!
Transferring positions means establishing a new futures contract and transferring the delivery time from the old contract to the new contract, which can buy them more time.
Otherwise, what awaits them is a margin call and they will have to pay liquidated damages.
As a result, the silver futures contract trading market suddenly became crazier.
All traders began to increase their purchases of futures contracts.
Contractors with expired contracts are trying to get extensions, while those with unexpired contracts are rushing to buy up as much as possible just to be on the safe side.
The silver futures contract, which had been rising slowly in price, began its final crazy surge.
The price every day is higher than the previous one. The entire futures contract trading market has fallen into a state of crazy skyrocketing, and has now soared to US$45 an ounce!
The contract that Lin Zhengjun bought was $15 an ounce, and it has now tripled. With a 3x leverage, it is x!
"Has the contract been issued?" Lin Zhengjun asked.
"Well, we are looking for Shen Meiyi, a futures broker in the futures department of HSBC, and let her be in charge of the operation!"
Fu Qi smiled and said, "At that time, I asked her to strictly follow your trading plan. She called me yesterday and said she had sold all her stocks!"
"Your HK$3 has turned into HK$5, a profit of about 105 times!"
Shi Hui smiled and said, "Zhengjun, you are a genius in the futures market! How did you determine that silver would skyrocket?"
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