Extraordinary Genius

“Everybody ready, let's go today!” Feng Yu clapped his hands and attracted the attention of those agents.

Everyone was so gorgeous that they knew they were going to make a big move. Though they were selling the baht before, they didn't spend much money, either Feng Yu or Soros wanted to make more money for themselves.

Yesterday, Soros and Feng Yu spoke on the phone once, and the two agreed on the phone, while building up a lot of spot and forward foreign exchange trading positions, and then started borrowing baht crazy, selling it, and knocking it down!

Feng Yu had already borrowed up to $10 billion in forward baht contracts long before the start, but the scale of the sale was not particularly large.

Mainly in the stock market, by constantly borrowing and selling stocks, to suppress the Thai stock market. Of course, despite his apparent losses, the stock index has been falling, and he can make money by selling out his stock index futures.

And stock index futures are the same as futures, and 10 percent of the security deposits can be placed, even in some finance companies, 5 percent of the security deposits can be placed.

With so much leverage, if you make money, you can make a lot of money, but if you lose money, the security deposit may easily be swallowed up and forced to close.

There are fifteen local banks in Thailand with offshore financial operations, Feng Yu started arranging people from these banks to borrow a large amount of THB, and their spot and forward foreign exchange trading positions were established through foreign banks.

The foreign exchange market, like stocks, sells more and buys less, and prices fall. Feng Yu and Soros both started to concentrate their time, selling a lot of short baht, the spot exchange price of baht, started to fall.

Kirilenko looked at the computer screen excitedly: "Feng, didn't we start making money when the baht fell? ”

“Of course, but this money is nothing right now. We started building positions at 24: 1, and now it's only 25.3: 1, which makes a little more money. ”

“Isn't there leverage? ”

“There's leverage, even if it's ten times as good. 1.3 baht a dollar, ten times as much leverage, that's 13 baht, our profit, but more than 50%. Do you know how many days we lost selling THB in the spot market? ”

“So we can make money if the baht keeps falling? ”

“Well, don't worry, I think we'll drop to 27: 1 by the day after tomorrow, and then we'll stop.” Feng Yu chuckled.

“Stop? Why are you stopping? Shouldn't we keep selling the baht and let it fall? If it doesn't fall, how can we make money? ”

“Do you think the Thai government is stupid? They will definitely intervene, otherwise there will be inflation in Thailand. ”

Inflation, in fact, is already showing signs. Thailand has also responded, for example by issuing 100 billion baht bonds to support the financial system. The reserve for real estate increased from 100 per cent to 112 per cent. An additional 50 billion baht has been withdrawn by financial institutions as a reserve.

In other words, there are more baht in the foreign exchange market, but the demand is not that big, and what you need is dollars. When a country has too many currencies, inflation is inevitable.

“How do they intervene?” Kirilenko asked.

“Reverse the operation, buy more, the price goes up. The Thai government still has a lot of foreign exchange reserves, didn't they just come here once last month? According to our analysis, it should have used about $2 billion of foreign exchange reserves to intervene in the exchange rate. ”

“Well, more to explain to you that you don't understand either, this professional vocabulary is quite troublesome to translate into Russian. Guangwei, Wai Chai, take Ki to play in Portuguese. Remember, don't play too big, just take it. ”

Fu Guangwei was originally looking for Feng Yu to go to Portuguese. In Xiangjiang, many people like to go to Portuguese for a few games. Sometimes they simply live there on the weekends and win money. Then they start enjoying themselves wildly. It is said that there are many more beautiful women in Portuguese than in Xiangjiang. In all countries of the world, they have all kinds of skin colors. They are ideal for old drivers like Kirilenko.

“Why don't you go? Why don't you just have someone staring over here?” Kirilenko asked.

“If I don't stare, they don't know when to stop. It's really against the Thai government. Soros' Eight Eggs will definitely make us the main player, and then they pick up the money. ”

Feng Yu knew clearly that the Thai government in the previous life had joined forces with the government of Dama to give Soros a headache, causing Soros to lose more than $300 million that day. The contract for closing the stock index futures had not been repaid.

Although there will be changes in this life, such as Feng Yu and Kirilenko, but Feng Yu still wants to repeat the plot of the previous life, let Soros mobilize all the funds prepared, so that Feng Yu can estimate the specific strength of Soros' people!

Now it's Soros who wants Feng Yu to sell more baht, Feng Yu wants Soros to sell more, who sells more, who temporarily loses more. Ultimately, everyone makes money.

Feng Yu is going to bet that Soros won't stand for it. After all, Soros' money, it's not all his own, and there are some investors. Soros will survive, not necessarily those investors.

Not every investor, like Kirilenko, believes in Feng Yu, believes in Soros.

Although Kirilenko would come every day to pretend to understand the situation, Feng Yu said that he could operate as much as he wanted, and Kirilenko never objected.

I don't know if it's because the two people's money works the same way, or because Kirilenko believes in Feng Yu.

“Well, when you're done with the journal, you're off duty. Remember, everyone will analyze the situation and send it to my email address. ”

After work, Feng Yu moved his body for a while. He hasn't sat in front of the computer like this in a long time. He was very excited despite the hard work.

It's been a long time since something so exciting happened to him, making ten hundred and eighty hundred million dollars a year. For Feng Yu, the usual profits, just Microsoft and Yahoo's stock increase, how much can he make?

And this is a great opportunity for him to understand how Soros operates and how quantum funds operate. And, of course, a good opportunity for him to make money.

It just didn't seem to work so well today, so much THB was thrown out and only a little bit of exchange rate was depressed.

The next day, Feng Yu saw Soros' successor, Soros was released internationally. The Thai government is going bankrupt, because the Thai government ~ owes a lot of foreign debt, which is due. The baht, on the other hand, will depreciate sharply, calling for the dollar to be exchanged for the baht.

The news spread quickly to Thailand, the exchange rate of THB, fell again, and this time, more than usual, has broken down the fluctuation range stipulated by the Central Bank of Thailand, the market panicked!

……

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