Chapter 368 Currency War (4)
Capitalism, an ideology and ideology that dominates the world that maximizes labor and productivity based on human's infinite desire. As for the efficiency and effectiveness of this ideology, it has already been proven with the decline of communism in the past, and has established itself as a paradigm for the whole of mankind, and at the same time, the financial industry has also grown and developed brilliantly.
spend money and eat money
Traditional banks and investment companies that lend money, receive interest, invest capital, and receive profits dozens of times. Those who take reasonable risks and take profits at a common sense level, contributing to vitalizing the economy and capital flow throughout society. However, as time passed, deformities began to appear little by little.
[The recent plunge in world grain prices has caused a panic in grain markets around the world. Experts analyzed that the sustained abundance of crops in recent years and the resulting rapid increase in stockpiled grains were the cause, but rather than that, the main reason was that hedge funds in the futures market bet huge amounts of money on price declines to encourage the decline. I analyzed it.]
[A Chinese investment company that acquired Merdin, France's largest nuclear power plant construction company, recently announced a resale and put it on the market. In this regard, public opinion is boiling inside France that they sold all of the company's major assets, omitting only the source technology, and only took huge dividends and gave only the shell.]
An entity that disrupts the world economy. A hyena in the financial world who deals with anything in the world, does not blink an eye at any immoral thing that makes money, and makes a huge profit in between.
hedge fund.
If I had to pick one of the most famous hedge funds out there, it was Miracle Investments, which in the past brought the Bank of England to its knees and shattered the British pound.
Since that incident, those who have too powerful influence for a single fund to have.
Since then, it has caused numerous incidents that marked a milestone in the world's financial history, and in the process, Miracle Investment earned huge profits and went on a winning streak.
Soros, general manager of Miracle Investments, who managed hundreds of trillions of astronomical funds and became an absolute big hand in the world's financial world.
Even today, he reviewed the reports brought by his subordinate managers and was busy searching for new prey.
“what? Why is Texas crude still at $46? Didn’t you make it clear last time that you would make it over $50 before this due date?”
Soros reviewing the status of existing investments.
Contrary to expectations, he confirmed the sluggish crude oil price and the millions of dollars in damages caused by it, and questioned the manager in charge with cold eyes. “That's it... Recently
, crude oil inventories in the US have exceeded the expected figures, and consumption has decreased due to the recent deterioration in the industrial economy.
In the world futures market, where every minute and every second plunges and soars differently, it is a situation that can be expected. But Soros exclaimed with resentment, as if he could not tolerate even such a small mistake.
“Such a wormy bastard! Why don't you go in front of your customers and say that? You say your analytical skills are stupid, so you lost millions of dollars instead of making a profit?”
Palak.
Bundles of reports that are angry and flutter like fire. Then he said coldly, looking at the responsible manager standing there with a pale face.
“Right now, make up for the loss you guys forgot within this week. If you fail, your entire team will be fired that same day. okay?”
“I see! sorry!”
A dangerous situation in which the entire team's lifeline is at stake due to a momentary mistake.
Soros's inhuman, cold, and merciless decision, which evaluates only by performance, regardless of seniority or personality.
But nonetheless, none of the lead analysts in the office complained or argued about it.
The hedge fund industry is a rugged and dangerous wild place where a single mistake in judgment can lead to huge losses. That's why no one looked at Soros' decision with a critical eye. I just look at the failed loser with pathetic eyes.
“Anyway, I don’t know why things are so pathetic these days. The distribution is not as large as before, but it is not that I have an insight to correctly predict the market flow. Do you think I hired you guys to make some pennies? uh?”
Unlike general and stable investments, Soros is looking for a new investment destination that is risky but can get huge profits.
He wants to feel the exhilarating sense of victory and conquest again, as he did when he overthrew the British central bank in the past.
However, the investment proposals and reports of the analysts under Soros' eyes were really boring and banal.
“If you really want to earn money properly and become first-class, try thinking that others can’t. Do something no one sees or even imagines! Don't push this rubbish at me!”
charrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
In a fit of rage, Soros turns over all the reports that have not yet been reviewed on the desk.
And he shouted in front of dozens of general managers who were bowing their heads in front of him, standing with his feet on hundreds of scattered sheets of paper.
“I will not tolerate any losses at the end of this month. Bastards who don't want to pack up and sit down on the street right now, don't choose any means and methods and make it unconditionally profitable. okay?”
“Yeah old! All right.”
Managers who all reply to his words with blushing faces. Looking at them like that, Soros shouted in an annoyed voice as if he didn't like it.
“If you understand, get out of here! Because I don't want to see you!”
Managers rushed out of the office, fearing that no one would be defeated by his banquet order. And soon after watching the trading room outside become noisy and busy with sharp eyes, he turned around, lowering the window blinds.
“Eh... Tzu-tzu... Damn bastards who can't even pay for a meal...”
Soros, gritting his teeth, tried to return to his seat.
But at that moment. As if by fate, he saw the title of a report that had been trampled and soiled by his feet.
[Virtual currency gold. Is it a new innovation or worthless garbage?]
“This is...?”
A report that analyzes the latest global issues and trends. Picking up the report written by an unknown analyst, Soros so casually opened the first page that he fell in love with it without realizing it.
[Despite being a currency that is not controlled by any one group, it has a deformed form in which its value is stably maintained with overall trust in the world. However, the management body and supervisory system are not yet complete, so the legal regulation and safety net for the transaction are in an ambiguous state of anomie. Thus.....]
An analysis of virtual reality and Arcadia, which have recently been hot winds around the world. In addition, the future prospects for gold, a commodity in games that has recently been used and recognized as currency, and the risks arising from the lack of legal and institutional maintenance. Soros, who thought it was a fairly useful report among the reports he had seen recently, which had been preceded by a lot of research and research, had his eyes widened when he saw the phrase written at the end.
[If you look at the recent fluctuations in the price of gold, movements that can be estimated that a certain force is intervening in the currency value are observed. In this regard, although we have not confirmed the subject and purpose, it seems likely that there will be a lot of volatility and movement in the future, and we need to keep an eye on and respond to this. Also.....]
“Changes in the price of gold...?”
At that, Soros hurriedly accessed Arfandia and checked the recent gold price graph.
And his heart began to beat like crazy when he looked at the changes from the time when Arcadia, the first virtual reality game of mankind, first started service and the currency exchange system was fully established and settled down to now.
pounding.
The market value of gold, which had been running smoothly in parallel until just a week ago.
However, seeing the recent fluctuations in the price fluctuate up and down like crazy and even the trading volume soared, Soros' long-dormant hyena instinct began to wake up to the smell that pierced his nose.
“I don't know what kind of bastard he is... but he's definitely trying to eat a bowl of it here.”
Soros has risen to the top ranks after surviving in this tough financial industry for decades.
He felt that the currency war that had led him to success in the past was about to be reproduced again in virtual reality, and soon felt the passion that had already cooled down in his heart flare up again.
“The total daily transaction volume alone is worth 1.5 trillion dollars...”
A currency that is made on an astronomical scale, reaching 1800 trillion won in one day alone.
The fact that gold, which already had a huge global influence to that extent, was running around in this way, and the fact that a huge force he did not know was hiding behind it, Soros smiled with his sharp eyes shining.
“Fun.”
If you didn't know, you didn't know, but since you already noticed, it's too attractive and juicy enough to just watch.
With that in mind, Soros once again called all the general managers he had kicked out, recalling the mysterious group who wanted to cook and enjoy dinner at their own pace, except for himself.
“...?”
Soros, who never calls them during a trading session.
When he broke the unwritten rule and summoned all of them together in an unusual way, the faces of the general managers were full of doubts, but Soros' declaration turned their faces into astonishment.
“Clean up all assets that can be liquidated now and put them into liquidation. Put all the short-term projects that need to be funded right away on hold.”
“yes....?”
“What is that...”
The managers are agitated by the bomb declaration dropped out of nowhere. And one of them came forward with a gun and spoke with a spleen face.
“Chairman, that instruction seems unreasonable no matter how much I think about it. We expect that even the stocks we invested in this time will yield at least 200% of returns after this quarter. If you clean up now, you could miss out on huge potential returns. Please improve one more time.”
Numerous stocks that are expected to make good profits as the analysis that the whole team put their heads together and predicted is correct. At Soros's words to liquidate them all and turn them into cash, everyone started to groan.
“That’s right. Besides, if we were to liquidate right away, we might not be able to get the full price.....”
“Our team also...”
The managers expressed disapproval, saying that they would suffer huge losses.
He looked at Soros, who was giving orders beyond common sense, with a concerned eye and held him back, but he did not hear their sincere concerns and advice.
The time of his most splendid and brilliant heyday.
Feeling the same emotions he felt back then, as if he had been younger for decades, Soros declared to them all with a face so sure.
“From now on, we will play gold with Miracle Investment’s life and death.”
The beginning of a huge currency war between the virtual currency gold.
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