MTL - The Rebirth of the Financial Hegemon-v3 Chapter 50 three hundred basis points

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Wall Street.

America's financial center.

In this short few hundred meters, there is an amazing power that can stir the world.

Because there are thousands of investment companies on Wall Street, and these thousands of investment companies have the most powerful weapons in the world.

Not a nuclear bomb.

is money.

is US dollars.

On Fifth Avenue, the headquarters of the Quantum Fund.

Stanley Druckenmiller is observing the movements of major financial markets around the world.

In front of him, there are two giant LCD screens.

The screen was cut into countless pieces.

USD, JPY, THB, RUB...

After a long time, Druckenmiller locked the screen to the baht.

35.988.

Druckenmiller pursed his lips.

Three years ago, he built a massive short on the Thai baht and lost nearly $100 million.

Last year, the sand was lost in the Thai baht.

The shorts built around 26 can only be stopped out in the end.

It turned out that his judgment was correct.

has always been correct.

If the short held at 26 goes all the way down, he will be well rewarded.

Unfortunately, he didn't hold it to the end.

Judging the right direction of the market, but losing hundreds of millions of dollars.

Be optimistic about your position to win profits for you, don't lose your position easily, otherwise no matter how correct the result is, it has nothing to do with you.

For a long time, Druckenmiller was remorseful.

If he can trust his judgment, then he will not lose a position that can make him a big profit.

However, because the timing was too hasty, in the end, he made a wrong step and went out of the game in a panic.

Do you regret it?

At that time, I really regret it.

But now, Druckenmiller has no regrets in his heart.

Even if nearly three billion dollars of profits are missed, even if the money that should be made is not made, it has turned into a loss.

Perhaps many people will always regret this heart-wrenching mistake.

However, Druckenmiller did not.

Because he's Stanley Druckenmiller.

38.185/35.988.

Druckenmiller observed the overall price of the Thai baht and deduced something in his mind.

Soon, his eyes flashed for a while.

In the volatility of market prices, no one and no funds can overwhelm everything.

No matter it is a certain team, a certain consortium or even a certain country, it is impossible to absolutely control the price of a certain thing.

currency, even more so.

If you want the price to move in the direction you choose, you can only build momentum to push more power to follow.

The Bank of Thailand abandoned the fixed exchange rate system, indicating that the foreign exchange reserves in the hands of the Bank of Thailand are almost depleted.

So it is impossible for the current central bank of Thailand to pull back the baht.

In the collapse of the monetary system, the only thing Thailand can do is to try to maintain the price and wait for the opportunity.

A smile appeared on Druckenmiller's face.

Since Thailand can only do one thing, there can only be one chance.

The opportunity is to make a double bottom in the price with a chance of reversing.

Only when the Thai baht is made into a W shape can the Thai baht survive in a desperate situation.

In this case, Thailand needs to hold the low point in the early stage.

38.185...

Above offset interval 38 .

To make a W reversal double bottom technical chart, the price must be maintained near the previous low.

Only an N plus V can complete this technical diagram.

Only when the market confirms the existence of N can the subsequent V be added.

Once N is confirmed, then the baht will form a psychological technical support.

This psychology will cause the pressure of bears to hold, and will also bring confidence to the bulls of the Thai baht.

As long as the opportunity created by this is seized, the Thai baht may be able to come back to life.

Great idea.

It's a pity... I didn't recognize the general trend.

After thinking for a moment, Druckenmiller picked up the phone and dialed a number.

Soon, the call was connected.

"John, I'm Stanley. Sold $4 billion at market...yes. Spot market. Forward market, $300 million position. OK...."

The next afternoon.

A White House spokesman spoke at the event.

The Myanmar government's rejection of the extradition trial of the drug lord Shakun by the United States is an act of conscience against humanity.

Shakun produced a large amount of drugs, killing more than 20 million people.

He left millions of families devastated by drugs, a diabolical act protected by the Myanmar government.

This shows that Myanmar is now an evil country, and a group of evil human beings are in charge of the fate of tens of millions of people in Myanmar.

We hope that this wicked nation is not given a chance to be strong.

It should be sanctioned and tried.

We call on ASEAN to consider the idea of ​​absorbing Myanmar into ASEAN.

After the news was announced, it immediately caused a big wave of rendering around the world.

Because there are indications that the United States may impose military sanctions along with sweeping economic sanctions on Myanmar.

Bangkok.

Bank of Thailand.

Sonny panicked immediately after receiving the news from the United States.

Adjacent to Myanmar, Thailand is also one of the three leading ASEAN countries and a major supporter of Myanmar's membership in ASEAN.

Because as long as the markets of Myanmar and Laos are opened up, ASEAN can expand to overwhelm the Japanese market.

With one success, it can not only resist the market impact of Japanese products on all member states, but also provide more bargaining chips for business competition.

Even in the future, it is not impossible to compete with the European and American markets.

But now, the United States is clearly trying to undermine the unity of ASEAN.

The various sanctions against Myanmar are no less than tearing a hole on the edge of ASEAN.

If ASEAN gives up absorbing Myanmar, ASEAN's message of prosperity and unity will be completely disintegrated.

If ASEAN does not give up on absorbing Myanmar, ASEAN members will suffer the wrath of the United States.

Thailand and Myanmar are friendly countries, neighbors and one of the leading ASEAN countries.

Once the US imposes sanctions on Myanmar, Thailand will be affected very direly.

This is an inning.

Sonny keenly found that this was an unsolvable dead end.

Whether ASEAN absorbs Myanmar or not, it will force Thailand into a dead end.

Damn Yankees.

After Sonny figured out some things, the hatred in his heart was hard to fill.

He didn't even know if the economic sanctions that the US said had started a long time ago.

Otherwise, how could it be such a coincidence.

Coincidentally, as soon as European and American countries sanction the Myanmar government, the Thai baht will be attacked by international capital.

The last time the baht took a huge hit was when the U.S. announced sanctions on Myanmar.

And this time, almost exactly.

Damn Soros.

Sonny remembered that the day after Soros spoke against Myanmar, the kyat collapsed and the baht was under attack.

This is definitely a conspiracy.

"Hey..."

Sonny sighed.

He suddenly found that even if he knew that there was a conspiracy behind it, he had no choice at all.

ASEAN did not have a choice, Thailand did not have a choice, and neither did he, the central bank governor.

Under the general trend.

Under the unrivaled strength, conspiracy is not conspiracy at all.

This is conspiracy.

The fate line that can only be resisted and cannot be retreated~www.novelbuddy.com~ is always formed by countless accidental connections.

Coincidences, accidents and mutual influences create the fate of people or things.

And when the first line appeared, the ending was already doomed.

As soon as the news from the United States was announced, the Thai baht, as expected by Sonny, was attacked by capital in the market.

Everyone knows that once the United States imposes sanctions on Myanmar, Thailand will become the most affected country.

Bank of Thailand Market Trading Department.

Sonny commanded the bottom line defense against the baht with a gloomy face.

37.499.

At this price, it is only 300 basis points away from the defensive position of the Thai baht.

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