Hollywood Starts with Animation

Chapter 113 The rapid devaluation of the Thai baht

July 1, 9 a.m.

Wall Street, Gale Capital Investments.

"Is everyone here?"

In the conference room of Gale Capital, Zhu Ke sat in the first place and looked around the crowd.

"Boss, there are 23 employees in the finance department of Dafeng Capital, all of them are now in place."

The man who spoke was named Henry Eugenberg. Aged 45, he is of Jewish descent and has 20 years of experience in the international financial industry. He is a senior investment manager and currently serves as the president of Dafeng Capital.

Gale Capital?

That's right, it's also a company owned by Zucker!

In the United States, especially on Wall Street, there are as many investment companies as stars. As for obtaining a financial industry license, only those who have money can get several a day. Therefore, it is very easy for Zucker to obtain a company with a financial license.

For more than $1 million, Zucker became the boss of Gale Capital.

Moreover, this incident happened three months ago. Knowing about the Asian financial crisis, Zucker was of course very concerned, so he arranged to enter the market early.

"Henry, tell me now, how much foreign currency do we have so far?"

Zucker said solemnly.

Hearing this, Henry Jurgenberg said solemnly: "Boss, so far, we have raised a total of US$2 million in Thai baht, US$800,000 in Singapore dollars, US$700,000 in Indonesian rupiah, and US$1.5 million in Japanese yen. , 900,000 US dollars of Korean won, and more than 3 million US dollars worth of small currencies in Southeast Asian countries and regions. The foreign exchange currencies owned total more than 8.9 million US dollars.”

Zucker nodded.

At the same time, I also thought about it in my heart.

For this Asian financial crisis, Zucker has prepared a total of 20 million US dollars of funds, which has now been converted into 8.9 million US dollars, and 11.1 million US dollars of reserved capital.

Of course, Zucker also prepared a large margin in advance, otherwise the bank would not provide you with leverage operations at all.

"Enough!" Zhu Ke said solemnly.

Is it enough?

Of course it is enough!

In fact, it's not that Zucker can't invest more money. $50 million, or even $80 million at a time, can be done, but Zucker dare not do it!

The risk of speculating foreign currency is too great!

Financial markets are ever-changing and turbulent.

Even if you are a traveler, you are familiar with the process of the entire Asian financial crisis and can be accurate to 0.1 decimal point, but those financial predators with billions of capital are not fools! Quietly on the contrary, they are shrewd. With their skills, they can quickly detect changes in the market, and in a very short period of time, make adjustments to hundreds of plans, and can easily clean up all your funds!

Therefore, even if Zucker prepares hundreds of millions of dollars in capital, it is actually useless, but even more dangerous!

Moreover, if your capital is too large, it is more likely to attract the attention of many international foreign currency buyers, and the result will be counterproductive.

Don't let Zucker act carelessly!

"Now, I announce that from this moment on, everyone's mobile phones, telephones, emails, instant messaging and other means of communication will be turned off for not less than one week."

"All imports and exports of Gale Capital are guarded by the security personnel I arranged."

"All living materials are also arranged by my people."

"OK?"

Zhu Ke's sonorous and powerful words fell, and more than 20 people present nodded.

These ordinary people seem to have extremely harsh conditions, but in their eyes it is a normal hype.

Well, normal operation.

Following Zhu Ke's order, the entire conference room fell into an extremely calm state for a while.

......

the next day.

Before the foreign exchange market opens... oh no, generally speaking, the foreign exchange market is different from the stock market, it is almost 24 hours without stop trading.

On this day, Zucker issued his first order, investing $3 million worth of funds to fully short the Thai baht.

"Using 100 times leverage and investing 3 million US dollars, it is converted into foreign currency worth 300 million US dollars, and the bank deposit is 1%." Zhu Kelang said.

Whoa!

One stone creates a thousand waves!

"Boss, isn't 100x leverage too high, why don't you test the water with 10x leverage first?" a senior trader said immediately.

"No! Just 100 times leverage!"

Zucker was resolute.

Henry, the president of Gale Capital, agreed with Zucker's decision. He said: "I support the boss's decision. Now the Thai financial market is too hot. I have noticed that a lot of international hot money has poured into the Thai market recently. I speculate that they There is a 60% chance that it is the same as we do to short, this is a once-in-a-lifetime opportunity.”

"Also, with the impact of the real estate bubble in Thailand, the Thai financial market has become extremely unstable. The Thai authorities will definitely adjust the foreign exchange ratio. This is our opportunity!"

Hearing this, Zucker praised Henry loudly.

Henry is not a traveler, he is completely relying on his own vision.

Immediately, many other people present also voiced their support.

In fact, Zucker is relatively calm. You must know that today, there are many international foreign exchange buyers who use a leverage of up to 400 times to operate.

......

It didn't take long.

The Thai authorities held a press conference to announce the abandonment of the fixed exchange rate system and the implementation of a floating exchange rate system!

As soon as the news came out, Zu Ke was ecstatic!

Do not!

To be precise, all the international foreign exchange buyers who are wandering in the Thai market are all crazy.

This is to get rich!

For a time, one billion, 10 billion, and 100 billion U.S. dollars of capital rushed to the Thai foreign exchange market frantically, and of course Zucker joined in.

17%!

In less than a day, the Thai baht fell by 17 percent against the U.S. dollar, as the Thai authorities did not have enough U.S. dollars ready, and foreign exchange and other financial markets were in chaos.

The entire Thailand foreign exchange market has completely become a feast for countless international foreign exchange buyers!

"Boss, we have made a fortune!"

"In just one day, the baht has depreciated by 17%, and it's not hard to imagine how crazy the market will be next!"

"That's right, the Thai government doesn't have enough foreign exchange reserves, so it doesn't have the ability to deal with numerous financial predators. Many people will rush to take a few bites of the next big fat meat."

Henry Jurgenberg and others were immediately excited.

They were excited, why wasn't Zucker?

In less than a day, Zucker made tens of millions of dollars. Is there anything crazier than this?

Even if there is, Zucker doesn't want this at all now!

too crazy!

"Guys, don't let your guard down!"

Zhu Kelang said: "The fat in the Thai market has only just begun. Next, we will adjust the leverage and operate with 10 to 30 times the leverage, so as to prevent it from being washed out by predators and oligarchs. Guys, this is It’s just the beginning, and it’s not hard to speculate that in addition to the Thai market, Singapore, Indonesia, the Philippines and other Southeast Asian countries are bound to become battlefields!”

"Yes, boss!"

The crowd responded in unison.

They are also quite excited now, the boss has made money, and they can also get more dividends.

at the same time.

Many investment leaders on Wall Street and many foreign exchange buyers are also celebrating at this moment.

A gluttonous feast!

They are all madly into the Southeast Asian market!

" "The first more is sent.

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