Chapter 600(1/2)
The ghost guy surrenders
Author: Flying Tank
The ghost guy surrenders
"How about it? What did the Germans say? Do you agree to our proposal?"
In a private room at the London Hilton Hotel, Soros and two partners sat around a small table and plotted how to attack the pound.
"It's confirmed, the mark will not depreciate. This time the Germans are going to be the melon-eaters and watch the excitement of the eagle countrymen.
As for the reason, not to mention the grievances between the Germans and the Eagle Countrymen, the failure of the two wars was all related to the Eagle Countrymen, that is, we had the support of the United States behind us.
The Germans also know who they are messing with, the Eagle Country and the United States, and by not allowing the mark to appreciate, they are already looking at the EU to give up to the Eagle Country people."
"Very good. Since the mark will not depreciate, the risk will be much smaller this time. The pound is an international currency and its liquidity is second only to the US dollar. Even if something goes wrong, you can close your position immediately and you won't lose much."
"If you can't lose much, how much can you make?"
"How much we can make depends on how courageous we are and how determined Eagle Country is to protect the market. I predict that a profit of 15 to 20 points can still be achieved." Soros said with a smile.
"20 points, that's a good profit." The two companions nodded, indicating that they were satisfied with the profit.
Generally speaking, the larger the capital, the lower the rate of return.
In the futures market, if your capital is 100,000 or 1 million US dollars, your rate of return will be several times or more than ten times. If you are brave and lucky, you can even make profits of dozens of times.
It won't work if the capital is hundreds of millions of dollars, but if it can be doubled to more than ten times, it will be incredible.
When the funds reach tens of billions or even tens of billions of dollars, when these funds are fighting in the futures market, a 20% or even 15% return is extremely impressive.
Because the market is so big, even a 15% return will exceed tens of billions of dollars, and how much money does the entire futures market have?
"What is the success rate of this operation?" the companion continued to ask.
"The success rate is very high, more than 90%." Soros laughed and said, "The HSBC robbery some time ago caused Eagle Country to suffer heavy losses and a lot of foreign exchange and gold.
At present, the foreign exchange reserves they have on hand are only about 40 billion U.S. dollars.
It looks like there are a lot of reserves, but now only the central bank of Eagle Country is buying pounds in the market. As long as the foreign exchange reserves of Eagle Country bottom out, then we will win this attack.
Unless the hawkish countryman has no martial ethics and takes out the gold reserved by the central bank and puts it into the market."
"If you take out the gold reserved by the central bank and put it into the market, the eagle country will not be so crazy." Regarding Soros's speculation, partner A shook his head, "This is not a national crisis, it is just a financial trial.
Even if they lose, the people of Eagle Country will only lose 20 to 30 billion US dollars, less than 5% of its GDP, and they will be able to recover in two years.
But if the gold reserves are used.
The impact would be huge.
Not to mention, the Eagle Country Guy has lost his gold from HSBC.
If the central bank's gold fluctuates again, London's status as one of the three major international financial centers will be in jeopardy. This loss cannot be compensated by tens of billions of dollars.
"So our opponents only have 40 billion U.S. dollars, no more, and we have about 15 billion U.S. dollars of short-selling funds. Plus Lei Weidong's 10 billion U.S. dollars, the short-selling order is 25 billion U.S. dollars."
, it can be said to be a sure win.”
"It's a sure win, but I want to make more." Soros chuckled, "Since we're sure to win, why not increase the bet and increase the short-selling limit from US$15 billion to US$25 billion."
"25 billion U.S. dollars, are you crazy? What if the Eagle Country doesn't show martial ethics and uses gold reserves or borrows money?" Soros's words shocked the two companions at the same time. They didn't expect that Soros wanted money or even his life.
"I'm not crazy. Since I know that the Sun Never Sets Empire can't sustain it, why don't I increase my bet? I don't want the profits to be taken away by others, especially that Lei Weidong. As for not practicing martial ethics, I can only borrow one or two taels from outside.
Tens of billions of dollars, as for using gold reserves, do the people of Eagle Country dare?"
Soros held a table knife and gestured, thinking about how to cut the largest piece of the pound cake.
"Old Qiao is right."
Seeing Soros waving his knife, Partner A nodded in agreement, "This time it's not just us, but also Lei Weidong and many hedge funds on Wall Street.
Even many banks are involved.
The size of the British pound is so big that it is worth tens of billions of dollars.
Other hedge funds on Wall Street and major banks are involved, and they all want to take a bite of this delicious cake.
If the people of the Eagle Country are honest and admit defeat, they will lose face. If they do not practice martial ethics, they will lose not face but honour.
So we don’t have to be afraid of losing money, we just need to move forward boldly.”
——
No. 10 Downing Street, Eagle Country!
A large group of people including the Chancellor of Finance and the Prime Minister gathered in the office. You looked at me and I looked at you. After a while, the Prime Minister asked,
"Gentlemen, please tell me a conclusion now, that is, if international hot money continues to attack us, will the Sun Never Set Empire be able to stop it?"
"There should be no problem. We are an empire on which the sun never sets. We have a deep foundation. International hot money is nothing." Several ministers present looked at me and I looked at you. After a few words of discussion, the finance minister finally concluded.
"It is estimated that the offensive of hot money will only last for two months at most. As long as we can withstand two months, we can make the international hot money and that ungrateful guy Lei Weidong return with murder.
To this end, we have prepared US$20 billion to deal with the impact.
Even if US$20 billion is not enough, the central bank can provide another US$20 billion, and its reserves of US$40 billion are enough to deal with any international speculators.
certainly!
It would be great if the German central bank's mark could depreciate.
It doesn't even need to actually depreciate, it just needs to send a signal.
For financial markets, confidence is the most important thing. Just a simple statement can give the weak pound market a shot in the arm.
This requires your intervention, Prime Minister."
"I contacted Germany this morning about the devaluation of the Mark. Germany said it needs to be considered. It shouldn't be a big problem." The Prime Minister said calmly, but he was extremely angry in his heart.
Everyone present knew who the boss behind the international hot money business was.
For Wall Street capital to actually take advantage of the Sun Never Sets, the Prime Minister was angry and at the same time lamented that the Sun Never Sets empire had fallen into such a situation.
Being treated as fat by hot money and besieged.
If only this had been back then!
The navy of the Empire where the sun never sets has long been coming to teach those unscrupulous guys a lesson with cannons, telling them to eat and vomit as much as they want, and to lose their wealth and lives.
And now!
It actually needs the help of Germany, the main culprit for the decline of the empire on which the sun never sets, to tide over the difficulties.
"Your Excellency, Prime Minister, something terrible has happened." Just when the Prime Minister was feeling sorry for himself, his secretary suddenly rushed in.
"What's going on? You're so panicked!" The Prime Minister was a little dissatisfied with his secretary's panic.
"Just now, the Bundesbank announced that the mark will not depreciate in the near future, nor will it cut interest rates, and may even raise interest rates in response to economic overheating."
the secretary said loudly.
"What?"
Hearing the news, the finance minister almost jumped up in surprise, grabbed his secretary's collar and asked loudly: "Are you telling the truth or are you false? Could it be that you are mistaken? The Germans actually raised interest rates."
"Sir, this news has just been released. You can watch TV. The reporters are asking questions to the president of the Bundesbank." The secretary responded with a pale face.
"Okay, you can go out." Unlike the panicked Finance Minister, the Prime Minister was much calmer. He waved his hand to let the secretary go out, and then looked at the people present and said,
"Gentlemen, the Germans have betrayed us, and now we can only rely on ourselves. I would like to ask if you have the confidence to withstand the impact of international hot money."
"Your Majesty Prime Minister, although the Germans are unreliable, the capital of the Empire on which the Sun Never Sets is strong. Not only do we have tens of billions of dollars in foreign exchange reserves, but we also have a large amount of gold as back-up.
Dealing with international hot money is no problem, it’s just..."
"It's just nothing, but it doesn't matter, everyone present is our own people." Seeing the Finance Minister hesitate to speak, the Prime Minister frowned, feeling a little dissatisfied.
I'm so excited, there's nothing else I can't say.
"I hope to postpone the attack on Lei Weidong. It would be best if we can pull him over. Even if we can't, we must stabilize him." said the Minister of Finance.
"Why did you stop? Not only did that bastard Lei Weidong refuse the solicitation, he even said arrogantly that he would teach us a lesson. Could it be that the empire on which the sun never sets has fallen into submission to the colonial people?"
The new head of CIA 6, Admiral John Thorne, said very dissatisfied.
"I know that Lei Weidong is not from the same group as us, but there is nothing we can do now." The Minister of Finance said helplessly, "According to intelligence, although Quantum Fund started this hot money speculation, Lei Weidong also participated in it later.
And the money invested is quite large, reaching 10 billion US dollars.
But there is one thing I want to remind everyone.
That is, with Lei Weidong's net worth, not to mention US$10 billion, US$50 billion or even US$100 billion can be mobilized.
I have no objection to letting Mrs. M and Team A take action against it. All enemies of the Empire will go to hell.
But if you don't hit it with one hit, you will be in trouble if you anger Lei Weidong.
With his net worth and the impact of international hot money, we cannot withstand it, even if we use our gold reserves.
So I propose to stabilize Lei Weidong first, wait until the hot money matter is over, and then settle the general accounts with him, and use the foundation of the empire on which the sun never sets to take advantage of Lei Weidong, a loach."
"Gentlemen, I think what Mr. Hunter said is right. It is better to dissolve enemies than to marry them. Let's let Lei Weidong go first. If he is interested and willing to join the arms of the Empire on which the Sun Never Sets.
To be continued...