Extraordinary Genius

Chapter 902: Big attack (request for a ticket)

"Everyone is ready, start acting today!" Feng Yu patted the palm and attracted the attention of those agents.

Everyone looks awkward and knows that they have to start a big move. Although the Thai baht was also sold before, but the funds used are not too much, it can be said that whether Feng Yu or Soros, they hope that the other side will suffer more, and earn more.

Yesterday, Soros and Feng Yu had a phone call. The two agreed on the phone, and at the same time established a large number of spot and forward foreign exchange trading positions, and then began to madly baht, sell, and fight the Thai baht in one fell swoop!

Long before the start, Feng Yu had borrowed a forward Thai baht contract of up to 10 billion US dollars, but the scale of the sale has not been particularly large.

Mainly in the stock market, by constantly borrowing and selling stocks, suppressing the Thai stock market. Of course, although there are a lot of losses on the surface, the stock index has been falling, and his short stock index futures can make money.

The stock index futures are the same as the futures. With a 10% margin, you can place an order. Even in some financial companies, a 5 percent margin can be used.

With such a high leverage, if you make money, you can make a lot of money, but if you lose money, the margin may be easily swallowed, thus forcing liquidation.

There are fifteen local banks in Thailand with offshore financial services. Feng Yu began to arrange for people to borrow a large amount of Thai baht from these banks, and their spot and forward foreign exchange trading positions were established through foreign banks.

The foreign exchange market, like stocks, sells more, buys less, and prices fall. At the same time, Feng Yu and Soros began to concentrate on time, selling a large number of Thai baht, and the spot exchange rate of the Thai baht began to fall.

Kirilenko was excited to look at the computer screen: "Feng, is the Thai baht falling, we are starting to make money?"

"Of course, but now this money is nothing. We started the position at 24:1, but now it is only 25.3:1, which makes more money."

“Is there a leverage?”

"There is leverage, even ten times better. One dollar earns 1.3 baht, ten times leverage, that is, earning 13 baht, our profits, but more than 50 percent. You know that we are selling baht in the spot market, so How many losses have you lost in many days?"

"So, the Thai baht will continue to fall, can we make money?"

"Well, don't worry, I think I will fall to 27:1 at the latest, and then we will stop." Feng Yu said with a smile.

“Stop? Why stop? Shouldn’t we continue to sell Thai baht and let it fall? If it doesn’t fall, how can we make money?”

"When you are a Thai government, is it a fool? They will definitely intervene, otherwise inflation will occur in Thailand."

Inflation, in fact, already has signs. Thailand has also responded, such as the issuance of 100 billion Thai baht bonds in anticipation of supporting the financial system. The reserve for real estate has increased from 100% to 1.2%. Financial institutions have additionally extracted 50 billion baht as a reserve.

That is to say, there are more and more Thai baht in the foreign exchange market, but the demand is not so big. Everyone needs the US dollar. If a country has too much money, inflation will inevitably occur.

“How do they intervene?” Kirilenko asked.

"Inverse operation, when you buy more, the price will rise. The government of Thailand still has a lot of foreign exchange reserves. Last month, they didn't come here once. According to our analysis, it should be used. A foreign exchange reserve of about $2 billion is used to intervene in the exchange rate."

"Well, I will explain to you that you can't understand it. This professional vocabulary is also very troublesome to translate into Russian. Guangwei, Weizi, you bring your brother to Lisboa to play, remember, don't play too Big, just accept it."

Fu Guangwei originally wanted to find Feng Yu to play in Lisboa. In Xiangjiang, many people like to go to Lisboa to play a few. Sometimes they simply live there and win money, then they start to enjoy crazy. It is said that they are enjoying crazy. The beauty of Lisboa is much more than that of Xiangjiang. There are various skin colors in all countries of the world, which is very suitable for the old driver of Kirilenko.

"You don't go, can someone just stare at it?" Kirilenko asked.

"If I don't stare, they don't know when to stop. It's really against the Thai government. Soro's king 8 eggs will definitely make us the main force, and then they will pay for it."

Feng Yu is clearly aware that the former Thai government, the government and the Malaysian government, joined forces to give Soros a headache, so that Soros lost more than 300 million dollars that day, and the contract for the delivery of stock index futures did not make up. .

Although there will be changes in this world, such as the more powerful forces such as Feng Yu and Kirilenko, Feng Yu still wants to repeat the story of the previous life, so that Soros can reintegrate the funds for preparation. Feng Yuhao estimates the people of Soros. Specific strength!

It is now that Soros wants Feng Yu to sell more Thai baht. Feng Yu wants Soros to sell more. Whoever sells more, whoever loses a lot. In the end, everyone makes money.

Feng Yu is going to gamble, gambling that Soros can't help, after all, Soros's money is not all his own, there are some investors. Soros can stand up, and those investors may not be able to stand up.

Not every investor, like Kiri Lenko believes in Feng Yu, believes in Soros.

Although Kirilenko is going to pretend to understand the situation every day, but Feng Yu said how to operate, how to operate, Kirilenko never objected.

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

"Well, everyone can finish the log after they finish the log. Remember, everyone will analyze the market and send it to my mailbox."

After work, Feng Yu took a chance to sit in the computer for a long time. Although he worked hard, he was very excited.

For a long time, there was no such thing as excitement. He earned ten to eight billion dollars a year. For Feng Yu, it is very common profit. If the stocks of Microsoft and Yahoo alone rise, how much can he earn?

This time, he is a great opportunity to understand Soros's operation and understand the operation of Quantum Fund. Of course, it is also a good opportunity for him to make money.

It’s just that selling so much today seems to be of little success. So many baht thrown out, actually only a little bit of exchange rate.

The next day, Feng Yu saw Soros's backhand. Soros made news in the international community. The Thai government was going bankrupt because many foreign debts owed by the Thai government had expired. The Thai baht, on the other hand, will depreciate sharply and call on everyone to exchange the US dollar with the Thai baht.

The news quickly spread to Thailand, the exchange rate of the Thai baht fell again, and this time the decline was larger than usual. It has fallen below the fluctuation range set by the Bank of Thailand, and the market panicked!

......

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