The Rebirth of the Financial Hegemon

Reg Johnson is gone.

Just as he thought.

With the scale of assets held by Franklin Templeton Fund, he can take out any mortgage that Standard Chartered wants.

Whether it is securities assets or US dollar assets.

None of this is a problem.

Since there is no problem, then there is no problem in borrowing money.

Franklin Templeton Fund borrowed 1 billion baht from Standard Chartered Bank with securities assets worth US$600 million.

Duration: fourteen days.

Similar dramas were released almost simultaneously all over the world on this day.

Major commercial banks around the world received requests for Thai baht loans of different amounts on this day.

The major commercial banks with branches in Thailand are busy from morning to night.

A storm is about to begin.

People in the investment community have already sensed that a storm is about to begin.

With so much money being borrowed in Thai baht like crazy, you have no idea what they are going to do.

as expected.

That afternoon, the Thai baht suffered huge selling in the world's major foreign exchange spot markets.

Sold for 30 million baht...

Fifty million baht sold...

100 million baht sold...

Sell, sell again.

For all intermediaries engaged in foreign exchange transactions, the phone lines are almost never cut off.

All were mandates to sell the Thai baht.

Singapore, Tiger Management Trading Department.

Robinson sat in the central office area like a king.

There was uncontrollable excitement on his face.

If Soros is paranoid and arrogant in character, then Robinson's character is the complete opposite.

Robinson never cared about fame.

He is like a hunter.

A pure hunter.

Robinson's favorite thing was hunting.

The waiting of the hunt, the agony of the hunt, the calmness of the hunt and the excitement of the harvest.

Robinson was deeply fascinated by every process.

The feeling of being rewarded after putting in hard work and endurance makes Robinson want to stop every time.

It's like the feeling of a man sprinting again and again and finally reaching the top.

The Thai baht will depreciate, which is the result of the Tiger Capital team after countless analyses.

Robinson has no doubts about this result.

As the king in this field, Robinson's understanding of politics and economics is no worse than anyone else.

What others can see, he can also see.

The Thai baht, and even Southeast Asia, have long been prey in his eyes.

But Robinson is a good hunter.

He knew that no matter what kind of prey, there was always danger.

Even if it is as docile and well-behaved as a rabbit, it will still bite when cornered.

If you want to successfully hunt prey, you must wait patiently.

Only waiting until the prey reveals its flaws before delivering a fatal blow is the most likely to succeed.

Thai Baht is delicious.

However, this delicious food has various deadly attack powers.

With the amount of foreign exchange reserves held by the Bank of Thailand, Tiger Fund is simply unable to compete head-on with it.

Compared with the UK, maybe Thailand can only be regarded as one leg.

But after all, Thailand is still a country that can raise elephants.

Compared with Tiger Management as a country, Thailand is still an elephant.

If you don't wait until the elephant shows its weakness before attacking, the elephant's huge counterattack force will be enough to trample the tiger to death.

But now, there are cracks in the elephant's skin, and the defense on the neck no longer has any defensive power.

Exchange price of 1:26.

The elephant's defensive ability is gone, and so is the elephant's counterattack.

Some are just flesh and blood under the body.

"Robbie, establish a $400 million position in the forward market..."

"Simon, knock out the Thai baht in our hands one after another..."

After judging that the Bank of Thailand’s defense line was truly broken,

Robinson gave the order to attack.

He couldn't wait to taste the delicious food under the elephant's trunk.

He has been waiting for this day for a long time.

Now, it’s finally time to harvest the delicious food.

........

Manhattan, New York.

This is the world's largest financial market.

On Wall Street, there is New York's largest foreign exchange futures exchange and spot currency trading market.

On this day, all major foreign exchange brokerage companies received phone calls from different investment companies.

Sell ​​Thai Baht.

Prices vary from 1 million baht to 100 million baht.

In the forward market, contract warehouse receipts related to the Thai baht are also increasing rapidly.

Thirty million US dollars, three hundred million US dollars, five hundred million US dollars...

Within the Quantum Fund.

There was nothing unusual about Stanley Druckenmiller's face.

Even this time Quantum Fund used a position of US$2 billion.

But Druckenmiller's face remained calm and calm.

For Drenkenmiller, this is a war without any surprises.

The Thai baht is like a card in the multi-bone minnow deck, and like a gear under the gear, it can only run along that unchangeable trajectory.

A stronger dollar, a weaker yen, a collapse of the kyat, political issues in ASEAN, and Thailand's foreign exchange earnings are making ends meet.

Etc., etc.

At every step, the Thai baht can no longer escape from that huge gear.

This is the general trend.

Under the rolling general trend, Thailand's fate has long been doomed.

What Soros likes most is the feeling of being in control of everything.

Druckenmiller, as the most powerful general within the Quantum Fund, has naturally been deeply influenced by Soros after more than ten years of cooperation.

Druckenmiller also loves the feeling of being in control.

It can determine the fate of a country and the future fate of tens of millions of people.

It felt like I was controlling the world on behalf of God.

Therefore, Stanley Druckenmiller's face was very calm.

What's so exciting about the outcome that has been determined for a long time.

In trading, there are price techniques such as golden section, percentage or various moving average arrangements.

It's hard to say exactly how these technologies came to be.

But when it comes to technology at these prices, there is often one thing.

To use a term, it is the magnetic attraction effect.

Under the magnetic attraction effect, it is difficult to tell whether funds drive technology or whether technical positions attract funds.

The technical breakdown of the Thai baht is like a magnet, attracting attacks from major capitals around the world.

****, Goldman Sachs, Tiger Fund, Quantum Fund...

Many well-known investment groups around the world launched an attack on the Thai baht on this day.

Behind this large shark are small investment companies as densely packed as a swarm of piranhas.

The elastic range of the Thai baht was broken, causing these countless small funds to greedily flock to the Thai baht like piranhas smelling blood.

Singapore.

Jushi Capital Trading Department.

Liu Qiang's eyes were as red as a rabbit.

He had not slept for more than twenty-four hours.

However, Liu Qiang did not feel any fatigue.

(Read the genuine version on the Qidian Chinese website. Friends, please support Lao Yu’s writing. I’m so hungry...)

Please remember the first domain name of this book: . Miaoshuwu mobile version reading website: