Back to 1990 - Chapter 1217

Both Quantum Fund and Tiger Fund are trading heavily at the moment. They have already earned too much at this price, and it is not so easy to escape now that they are full.

They need to convert the US dollars in their hands into Thai baht, and return the Thai baht plus interest to the banks and institutions that have lent them Thai baht.

But at such a low price, no one is willing to sell. They are now rushing to buy a large amount of money, which will only cause the price to rise rapidly and cause panic in the market. produce a stampede.

Therefore, all that needs to be waited now is for a large investor to throw a large amount of baht to make these two funds flee.

In China, countless foreign exchange speculators are cheering at the moment, and many of them are crying and disturbing their neighbors.

“Don’t sleep, don’t sleep, wake up, great news!” The man hurried into the back room wearing slippers.

“Are you crazy? Is there something wrong with your brain for speculating in foreign exchange?” The woman opened her eyes in a daze and cursed: “I will send you to a mental hospital tomorrow, the child is sleeping, and he will go to school tomorrow!”

“Get rich! Our family got rich, you don’t know, the Thai baht suddenly collapsed, and it fell from more than forty to seventy-two with a click. My mother, I dare not think about such a thing in my life. Let me Got it!”

“Oh, God bless, we have this fate! The manager in the United States a few days ago said that the whole of Asia is going to collapse. I will call him in a while and exchange the US dollars for Thai baht.”

The man was talking to himself, bowing in all directions from time to time, looking like a god.

“How much money do you earn?” The woman also came to her senses and sat up from the bed.

“Our family invested 150,000 yuan, and I gave the house to Mr. Hu. I didn’t tell you about it. When it was 34 yuan, I converted our 150,000 yuan into US dollars, and then rented Thai baht. I opened an empty bill, and now it is seventy-two yuan, as long as I redeem it, I will return it to the institution, and the rest will be ours.” The man said excitedly.

“Don’t tell me these things. I don’t understand. Just say how much money you earn?” the woman asked eagerly.

“More than double, 160,000 to 170,000!” The man stood beside the bed and said triumphantly, “How is it? Are you a good man? You earned 160,000 to 70,000 in just half a month!”

“Father is amazing, I want to eat KFC!” The child also yelled.

The man repeatedly promised that at midnight at this moment, the family is full of happiness and enjoying a bright future. The man put down his rhetoric, and by this time next year, three hundred thousand dollars will become tens of millions of dollars.

Calls from Wall Street kept making calls to the Financial City, asking them to sell the Thai baht as soon as possible, increase the volume at the bottom, and at the same time stabilize retail investors and other institutions, making them think that the Thai baht still has the opportunity to short, so that it is convenient for the two to escape easily.

At noon, the Wall Street Journal published an article on the comprehensive analysis of Thailand’s industry. Financial leaders believed that the Thai baht still had a bubble, and the bottom stage should be at a price of 100 baht to one dollar. Various managers swarmed out on TV and radio to induce the public To short the baht.

In China, it was already three o’clock in the middle of the night. Lu Feng sat in front of the phone and listened to the feedback from Manager Li. As an experienced exchange rate financier, he was a little confused at the moment. Where had he seen such a decline in sovereign currencies?

“Mr. Lu, as far as the current situation is concerned, both volume and price are falling and hovering at the bottom. We need to wait for funds to enter the market. If there is no funds to enter the market, we will only be besieged if we rush in. From the perspective of kdj and macd, there has already been a Deviating from….”

“I paid you to come here for technical analysis? You don’t have to worry about it, just wait for my news.” After speaking, Lu Feng took out his mobile phone and called Assistant Maha.

In Thailand, within an hour, they prepared the final funds, 3.5 billion U.S. dollars. During this hour, they communicated with the Federal Reserve, and at the same time communicated with the U.S. military, Congress, and other parties. Regarding this The incident expressed strong protest.

On the phone, Maha seemed very indignant, like if you dare to let me die, I dare to lie in the coffin. If the government intervenes in the next step, they will be responsible for the consequences. If they want to re-enact the ‘Saigon moment’ here ‘, then come on!

The call was made not only to the United States, but also to several surrounding big countries. At this moment, I don’t know how many eyes are on the situation in front of me.

After finishing all the phone calls that should be made, Maha got his father’s order, and made a call to the Administration of Foreign Exchange with one sentence: “Boom!”

Half of the planet was in a deep sleep. At this moment, various voices rang out in front of every trading computer in the Administration of Foreign Exchange.

“Seventy-two yuan, eat all of it!”

“Seventy yuan, eat all of it!”

“Sixty-five yuan, eat all of it!”

………

The Thai baht, which had hovered at the bottom for an hour, suddenly burst into the sky, and the straight line that flew up seemed to be a tribute to the decline, and it was pulled straight up.

Inside the New York Stock Exchange, Fake’s voice rang out everywhere. At this moment, no one could sit safely in their seats. Everyone stood there with their hands covering their mouths, and their faces were full of disbelief.

“Throw it! Throw it quickly!!”

“Closed! Liquidated!”

“Stop it, please don’t pull it, I’m out of stock! I’m **** out of stock!”

“Sell it for me, convert it into Thai baht, and go long Thai baht!”

The retail investors who heard the “financial expert” just passed out. The short line of 72 yuan is destined to be redeemed at a high price.

The scene was chaotic, the number of Thai baht against the US dollar was beating faster than the heartbeat, and there was no resistance along the way. After breaking through the defense line of retail investors, retail investors began to stampede, and everyone began to redeem Thai baht regardless of the cost.

At the same time, Thailand’s foreign affairs department held a press conference and connected the media in the United States and many European countries by phone. The spokesperson said on the phone that Thailand’s economy is strong and the industry is balanced. There are indeed some minor problems, but the annual growth of gdp can maintained at five percent.

The spokesperson also released a number of real data to the public. Following the live broadcast of the TV media, retail investors have completely surrendered.

The Thai baht rose from 72 yuan to 36 yuan in one breath, and began to fluctuate sideways. At this moment, there is only one hour left before the market closes.

Quantum Fund and Tiger Fund are silent inside, and everyone’s faces are full of sadness. As long as the Thai baht returns to 30 yuan, they will be close to the loss line.

“The trading volume has increased, so redeem the baht now!” a manager suggested.

Soros was furious when he heard this, pointed at the other party and shouted: “I will inform you now, you have been fired!”

Redeem now, what else is left but stomping wildly? They won’t pull it until they reach 36 yuan, and the rest is to let these funds and institutions trample on each other, and let the Thai baht return to 25 yuan!

Soros will never jump into this kind of pit!

“Call Schroeder, let’s go first and ask him to throw 500 million!” Soros suddenly became furious and yelled at his assistant, “Don’t let those bad guys wait any longer!”

The news was broadcast on the TV in the trading room. Soros stared at the TV for a long time, picked up the phone and called the Federal Reserve first, hoping to increase the Thai baht for borrowing, but was rejected.

Then he called Robertson, and the phone answered the channel: “Don’t be nervous, I see their fragility, our contract still has ten days left, I will run out a batch in a while, and use it to return the contract that expires in three days , they won’t last long.”

“I know. I heard that they called many people. I guess their remaining foreign exchange is no more than 4 billion yuan. This kind of high level cannot be maintained. It will not exceed ten days, and it will be self-defeating!” Robertson said.

The two have perfect control over Thailand’s funds. This situation cannot be maintained with a single fund, but requires long-term international funds to be optimistic.

The depreciation of the Thai baht is a matter of certainty, it is just a question of how much it will depreciate. Compared with the 50% in the previous life, this life may not be so ruthless. Not to mention anything else, even if it is five points less, for a country In other words, it is a huge wealth. UU reading www.uukanshu. com

In John’s office, the assistant walked in and briefly explained the situation. John took a sip of coffee calmly, stood up and said, “This is a flashback to the baht. Since they want to leave 500 million, let’s spend 500 million.” 100 million try!”

Five minutes later, a sell order worth 20 million was thrown out, and then it was eaten in less than a second, followed by another 20 million!

Everyone in the exchange became nervous. Those who had exchanged back to Thai baht were staring at them, thinking to themselves, don’t fall, and if you fall back, you will die at a loss. Money, I lose money, it’s too uncomfortable.

At this moment, the one who has not cut the meat is thinking of making a big short, smashing Dufang to death, and directly hitting the price to a hundred yuan.

In China, the man listened to the radio and was mad at the moment, shouting: “Smash it! Hurry up and smash it! Back to 70 yuan. No, no, no, just go back to 50 yuan, just let me out!”

“It’s so noisy, what are you shouting for if you don’t sleep at night? Are you crazy?” the neighbor yelled.

“Fuck you, are you looking for death? I’m dead!” The man rushed out and kicked the neighbor’s door frantically.

The woman sat on the bed, the excitement from more than an hour ago disappeared, her eyes were dull, she was just crying silently. In the financial market, the distance between heaven and **** is very close. A second is a debt of tens of millions.

Soros fled 300 million yuan at a price of 36 yuan, and the remaining 200 million yuan. He wanted to test the strength of many parties. From the perspective of market trading volume, they pulled it back to 36 yuan and maintained the shock. More than three billion have been consumed.

As one sale order after another was thrown out, the funds of the Thailand Foreign Exchange Bureau dried up. In the last 15 minutes, the Thai baht fell below 38 yuan. Everyone was excited in an instant, and the plunge was imminent!