Soros virtual currency

1. Let me answer you like this! First of all, you need to understand who Soros is? You must not regard him as a person who operates in China. He is much more powerful than those Chinese makers. I'm sorry to say that the level of our Chinese makers is too low, and he will put himself in. What about Soros? When he attacks the currency of any country, he always has some preparation and basic hard conditions. For example, his huge ability to use funds within one day is amazing, and his relationship with the US government and Wall Street is incomparable to ordinary people. The most important point is that his operation method is too complicated, Don't I recommend watching financial alchemy? This is his book, and his philosophy is very complicated! Ordinary people can't understand it at all. He read all kinds of knowledge, even the policy information of various countries, and he firmly grasped it. He also raised a large number of media in the United States, which are valuable to him. These media are disseminators. When he sniped the Thai baht from May to July 1997, he made a profit of $2 billion. How did he do it? When he sniped at the Thai baht, it happened that Thailand changed the fixed exchange rate into a floating exchange rate on that day. Simply speaking, because of this, it was very important, so he sold a lot of short of the Thai baht on that day, so naturally the Thai baht depreciated! Then a large number of speculators in Europe and the United States squeezed their funds into the foreign exchange market and sold short. Because of this, the four tigers and the four dragons in 1997 almost died! I'll introce you to another way of sniping Hong Kong. In fact, it wasn't the Hong Kong dollar that he sniped at that time, because the Hong Kong dollar can't be sniped. The Hong Kong dollar against the US dollar uses the linked exchange rate system. What about the issuance of the Hong Kong dollar? It is also based on US dollars. In short, it means how many US dollars are deposited and how many Hong Kong dollars are issued. It can be said that Hong Kong dollars is the voucher for us dollars. It is a US dollar standard system, so it is difficult to snipe. But it Snipes. Do you know why? Drunk man's intention is not wine, this is the master! He also used the short selling method to snipe at the Hong Kong dollar. Once he sniped, the Hong Kong government was scared, so it was not allowed to borrow the Hong Kong dollar, and the inter-bank lending rate was raised, which was very high, as high as 268%. In order not to let Soros get the Hong Kong dollar to repay his short selling Hong Kong dollar, he would lose money, you know! So that's what the Hong Kong government did at that time. However, you should know, as soon as the interest rate rises, the stock market will start to fall sharply. This is inevitable. Soros made a lot of money in the stock market this time. In order to make up for his short selling loss, he actually sold short the Hang Seng Index Futures in Hong Kong in advance, and then attacked the Hong Kong dollar, Then, as soon as the interest rate rose, the stock market fell sharply, and he benefited from it. However, his loss when he sniped the Hong Kong dollar was nothing at all. He made a lot of money in Hang Seng Index Futures. This is his complete operation. It can be said that it's too classic. After the research, he found that he was really a master and had nothing to say! So the target of his attack is actually the Hang Seng Index, not the Hong Kong dollar. That's fake! After his attack, house prices also fell sharply, causing depression and crisis! This is him. He has a lot of history. You can go back and have a look at it. For example, he led the sniping at the Bank of England, bull! That's about it. Of course, there are still some things, such as how to make you generate inflation after he Snipes. It's very complicated. We need to use political power! So I'll introce it first!

2. George Soros was born on August 12, 1930 in Budapest, Hungary, Jewish. His real name is gyoumlrgy Schwartz, a Hungarian born Jewish American businessman, a famous philanthropist, money speculator, stock investor and political activist
he is currently chairman of Soros Fund Management Company and Open Society Research Institute, and a former member of the board of directors of the Foreign Affairs Committee. He is known around the world for his role in Georgia's Rose Revolution and in the United States for raising a lot of money to try to prevent George Bush from being re elected president
Soros's salary is at least higher than the GDP of the 42 member countries of the United Nations, which is as rich as the 42 countries. The speculative funds led by Soros all his life make waves in the financial market and sweep away the wealth of many countries[ 1]
on January 22, 2015, George Soros announced his ultimate retirement. In the future, he will no longer manage investment and will push forward philanthropy
George Soros was born on August 12, 1930 in Budapest, Hungary, Jewish. His real name is gyoumlrgy Schwartz, a Hungarian born Jewish American businessman, a famous philanthropist, money speculator, stock investor and political activist
he is currently chairman of Soros Fund Management Company and Open Society Research Institute, and a former member of the board of directors of the Foreign Affairs Committee. He is known around the world for his role in Georgia's Rose Revolution and in the United States for raising a lot of money to try to prevent George Bush from being re elected president
Soros's salary is at least higher than the GDP of the 42 member countries of the United Nations, which is as rich as the 42 countries. The speculative funds led by Soros all his life make waves in the financial market and sweep away the wealth of many countries[ 1]
on January 22, 2015, George Soros announced his ultimate retirement. In the future, he will no longer manage investment and will push forward philanthropy.

3.

Soros adopted a three-dimensional speculative strategy, not a single foreign exchange operation. The so-called three-dimensional speculation is the use of the correlation between three or more financial instruments for financial speculation

specific case: on March 3, 1997, the Central Bank of Thailand announced that nine domestic financial companies and one housing loan company had problems of poor asset quality and insufficient liquidity. Soros and his subordinates believe that this is a hint of deeper problems that may arise in Thailand's financial system. They preemptively ordered the selling of shares in Thai banks and financial companies, and depositors made large withdrawals from all financial and securities companies in Thailand

at this time, the Western shock funds led by Soros, which are waiting for a large number of Southeast Asian currencies, United and sold the baht on a large scale. Under the siege of many western "Heroes", the baht was hard to resist for a while and kept on declining. In May, the lowest price jumped to 26.70 baht to the US dollar. The Central Bank of Thailand, with the help of the whole country, launched an anti encirclement campaign against Soros in the middle and late May

in the first step, the Central Bank of Thailand formed a coalition with Singapore and spent about US $12 billion to absorb Thailand; The second step is to follow Mahathir's strategy and tactics in 1994, forbid local banks to lend Thai money to Soros army by executive order; The third step is to raise the interest rate substantially, and the overnight interest rate will rise from about 10% to 1o00-1500%. The strong counterattack led to the rise of Tai Ma to a new high of 2520 on May 20

e to the sudden tightening of money, the interest cost increased greatly, which made Soros army unprepared and lost $300 million. However, with his intuition, Soros thinks that the Central Bank of Thailand can do nothing more than this. After doing everything, Thais have not put themselves into a desperate situation, and the losses they have suffered are relatively small. In a way, Soros thinks he has won

In June 1997, Soros sent troops again. He ordered the fund to take the lead in selling US Treasury bonds to raise funds, and launched another fierce attack on the Thai baht in the last ten days. The Central Bank of Thailand, which has only US $30 billion in foreign exchange reserves, has declared that it has "run out of ammunition" after a short battle. They are unable to maintain a fixed exchange rate for the Thai baht

The Thais have to come up with a last resort and implement a floating exchange rate. Unexpectedly, as Soros had expected, he also carried out various counter measures. The Thai baht continued to decline. On July 24, the Thai baht fell to 32.5:1 against the US dollar, setting a new record low

According to foreign media reports, George Soros, 84 years old and known as "financial giant", announced his "formal retirement" at a private dinner in Davos on the 22nd local time. Just like Bill Gates, the IT instry's top "big shot" a few years ago, Soros also said he would engage in philanthropy

Soros became famous in 1992 as "sniping the pound" -- he took great risks to "snipe" the Bank of England by buying and selling the hedge between the pound and other currencies, resulting in the UK being forced to withdraw from the European exchange rate system and earning the "first bucket of gold" of US $650 million

However, what is more well known to Chinese netizens is that Soros "sniped" the Thai baht and Hong Kong dollar in 1997, triggering an "Asian financial storm" that lasted for several years; In 2012, Soros made $1 billion by shorting yen

Soros has repeatedly threatened to retire before, all of which were "unsuccessful", and this time he said "it's the last time"< br />

4.

The essence of Soros is that the amount of loans remains the same, but the value becomes lower. If the value becomes lower and the quantity is increased, there will be no empty handed white wolf. Of course, this is unlikely to be implemented, because finance is liquid and changing all the time. It's hard to be accurate

Soros shorted the baht because he saw the huge bubble of Thailand's economy and financial freedom. Let's look at Hong Kong. At the beginning, Soros also went short of the Hong Kong dollar. As a result, the government intervened, and Soros had to go away. The key lies in the details of operation. It's very difficult for us without fame and basic materials to get loans, but it's relatively easy for people like Soros to get loans

the essence of Soros's operation is to borrow money from the bank and operate with leverage. One disadvantage of this method is that if short selling fails, the loan interest can also crush him. In 2015, our deleveraging led to the double killing of stocks and bonds. One of the major reasons is that the leveraged funds are not really controlled by the borrowers. Once the stock price reaches a certain fixed value, the loan platform will directly force the liquidation of the position, and the more the leverage is killed, the more even it will be. Soros also encountered this dilemma, and finally had to follow suit to rece losses

there are several countries where there is no bubble economy. The dollar is the world currency. By cutting and raising interest rates, the Federal Reserve causes the fluctuation of the US dollar, and then causes the fluctuation of some other currencies anchored by the US dollar. Before the Asian financial crisis, South America was the region with the fastest economic growth in the world. Then the British Arab war broke out, and the economy of South America fell into a slump. After that, Soros short many currencies in Asia, resulting in the Asian financial crisis. Including the Thai baht and the Hong Kong dollar, Soros Quantum Fund attacked the Hong Kong dollar. The Hong Kong government failed to rescue the market by using Hong Kong's finance. It called for help and mobilized national funds to enter Hong Kong to hedge Soros quantum fund and successfully rescued the market

5. We are wolves standing on the hills. Whenever there are unhealthy deer at the foot of the mountain, we dive down to hunt them. The four tigers, the four dragons and now the BRICs are all herbivores. Our goal is to keep the elk healthy forever. This is the heroic words of Soros. If you want to attack a country, it must be that country that is sick. Now, they are stationed in Hongkong to prove that the mainland is in the line of sight, and what inflation is going on, when it is appreciated abroad, when the bubble burst, what time is the general attack?

6. Since May 1997, speculators led by Soros have designed a chain game. This is exactly what the financial circles in Hong Kong are worried about, that is, through the interaction of the foreign exchange market, the stock market and the futures market, using the two instruments of spot and futures to set traps in many ways. The whole sniping process is a trilogy
in the first part, speculators borrow Hong Kong dollars at low interest rates as ammunition, sell Hong Kong dollars in the futures market and short the futures index; The second part is the market making period. Once there is an opportunity for speculators in the peripheral market, they spread rumors and sell Hong Kong dollar crazily, forcing the Hong Kong government to "hold interest", resulting in a sharp drop in the Hang Seng Index and even short selling of stocks; The third part is the harvest period. When the Hang Seng Index plummets, short positions are closed and speculators leave with money
at that time, Soros contacted several large funds all over the world and secretly began to buy Hong Kong stocks (Hong Kong stocks can be purchased from all over the world through securities dealers). Moreover, this kind of buying was continuous, which made Hong Kong stocks keep rising from the low point in 1996, causing Hong Kong people to follow frantically. As a result, the Hang Seng Index, like a shares now, broke through new highs again and again
in the first half of 1997, Soros continued to push up the stock market. When it was close to the peak, Soros was scattered and hidden, but he continued to issue a large number of put options for stock index futures delivered at the end of June. The Hong Kong government has been closely monitoring this mysterious force. The closer to July 1, the more clear the Hong Kong government is about each other's motives and operational strategies. However, the problem is that the foreign exchange reserves of the Hong Kong government are unable to cope with the possible financial attacks alone. As a result, Hong Kong's top financial officials secretly went to Beijing and got the promise of the central government that they would spare no effort to give full support to China's foreign exchange reserves
in the first half of 1997, the Hang Seng Index reached a record high above 16000. With the return of the day approaching, Soros command his joint corps, began to step by step high stock shipment. The main purpose of his stock delivery is not to make money. His strategy is to make profit from the empty return of stock index futures Hedging method)
Soros's method is very simple, the main condition is that there must be enough funds as support, and choose the right time to manipulate the market. He used part of the money to buy stocks (especially index stocks) continuously, regardless of the cost. When the stock index reaches a high level, a large number of empty orders of stock index futures will be opened. Then, starting from a high position, we should firmly lower the stock index, and the stocks we sell will certainly make profits, but they are not the main source of profits. The real profit is the empty order of stock index futures. Of course, the most important thing in this kind of operation is to make use of the power of the market to follow the trend. All market participants will become the driving force - to help the market rise when it rises and to help the market fall when it falls
the decisive date is June 28. Before that, the Hang Seng Index has been pushed below 10000. At this time, the scattered people were in the wild. The Hong Kong government's brilliance lies in not showing its face and letting Soros suppress and dominate the market and paralyze its rivals
in the early morning of the 28th, Soros's stock selling began to release steadily, oppressing the Hang Seng Index to continue to accelerate its decline, causing a panic of collapse. He joined countless scattered people who fled for their lives to help him push down the index. When it fell to more than 4000 frightening points, the scattered people were ready to cry. Soros saw the victory in sight, but he found that there was a mysterious fund at the beginning, quietly accepted all the numerous selling orders. He began to get nervous and launched all the stocks and stocks of his allies to smash wildly (if you don't remember to sell them at a loss, you will definitely sell them at a loss), but the mysterious capital still quietly accepted them, but never pulled them up. Before the end of the market, the turnover of Hong Kong stocks has already reached a record high. When his inventory was almost polished, the Hang Seng index was above 4000. However, when he borrowed stocks from the stock exchange to continue short selling, he got the answer that he didn't borrow them (which is suspected of violating the rules).
in the afternoon, the market began to counter attack, mysterious funds continued to push up the stock index, and Soros's coalition began to backwater, so he joined many parties behind his back, Buy back the stock and cover your short futures (to rece your losses, of course). By the end of the market, almost all Hong Kong stocks recovered their lost land in the morning (about 8000 points). Soros didn't expect that the Hong Kong government would make a big move to lose Jingzhou, resulting in heavy losses (stock losses plus stock index futures losses).
however, after 1997, the Hang Seng Index dropped from about 16000 points to 6500 points, down about 60%. Property prices in Hong Kong continued to fall from the peak in 1997, and almost fell by 65% in 2003. The wealth of Hong Kong people has evaporated by HK $2.2 trillion, with an average loss of HK $2.67 million per owner. The number of people with negative assets has reached 170000, and it was not until 2009 that it returned to the level of 1994
from 1997 to 1998, the whole of Hong Kong was ransacked. Since then, people in Hong Kong have developed Soros phobia. Every time the Hong Kong stock market reaches 16000-17000, it begins to fluctuate sharply, which is called Soros shock.

7. In order to avoid the decline of the Hong Kong dollar, the Hong Kong Monetary Authority raised the interbank offered rate to 1% per day, which made Soros' interest rate for short selling of Hong Kong dollar rise sharply, thus forcing Soros back

although Soros withdrew from the foreign exchange market, he had a long way to go. Because the government of Hong Kong raised the interbank offered rate, the interest rate of the whole financial market rose, which caused a huge disaster to the stock market
the Hang Seng Index of Hong Kong dropped from 16000 points in 1997 to 7800 points in the summer of 1998, a drop of more than 50%
when Soros was short of the Hong Kong dollar, he was also short of the Hong Kong stock market, so this wave of decline allowed him to gain a lot and he could not measure his interest.

8. According to my understanding,
1. Soros borrowed a lot of baht from the Bank of Thailand.
2. He sold baht in the market or changed it into the currency of other countries.
3. There was a crisis in Thailand's economy itself, which led to the devaluation of baht e to Soros's large-scale tossing.
4, It's 100 yuan, and now as long as 50 yuan, he takes back the original 1000 baht, and then he gives it back to the Bank of Thailand, so he makes 50 yuan.
you think, Soros is a big asset, the more money he invests, the more he makes.
of course, the premise is that there must be a lot of capital investment to cause the devaluation of the baht

9. According to my understanding,
1. Soros borrowed a lot of baht from the Bank of Thailand.
2. He sold baht in the market or changed it into the currency of other countries.
3. There was a crisis in Thailand's economy itself, which led to the devaluation of baht e to Soros's large-scale tossing.
4, It's 100 yuan, and now as long as 50 yuan, he takes back the original 1000 baht, and then he gives it back to the Bank of Thailand, so he makes 50 yuan.
you think, Soros is a big asset, the more money he invests, the more he makes.
of course, the premise is that there must be a lot of capital investment to cause the devaluation of the baht