Ch. 1611..1620
Life at the Top Chapter 1611
I have new intelligence. It will be 1 million.”
Adele had both the charm of a mature woman and the mischievous voice of an innocent young girl, which made Jasper, who was feeling a little tired because he had been in an excited and tense state for a long time, become energetic again.
“I’ll be in your account in 10 minutes,” Jasper said straightforwardly.
“Good. Then, I will make an exception and give you the information before I receive the money.
“Just now, Fabian approached me. He offered 4.6% of Atticus Family Group’s shares and an investment project worth 30 billion Somer Dollars in the Mainland as collateral to borrow 1 billion US Dollars from me. The money is expected to reach his account within the hour.”
Jasper was taken aback when he heard that. Then, he said seriously, “This isn’t worth 1 million.”
Adele chuckled. “Why? I provided your enemy with 1 billion US Dollars in ammunition and he’s about to get stronge. Isn’t this news worth 1 million?”
“I wouldn’t dare to claim that I will win in the Sun Dollars foreign exchange market. However, a small player like Fabian will definitely be finished. He needs this money to cover his position, but from his desperation, I estimate that he will be completely finished after I knock Sun Dollars down by 7 more points.”
“Do you believe that I’ll be able to knock down these 7 points within 10 minutes?”
“Hence, Fabian is destined to give you this huge fortune. You got such a big chunk of meat, yet you still came here to scam me for something small. Have you no shame?”
Adele was amused when she heard what Jasper said.
“What a grand statement, Mr. Laine. You said you’re going to crash the Sun Dollars foreign exchange system in seconds, but it may not be that simple.”
“It doesn’t matter if it’s simple or not. When did you ever see me say something that I’m not confident about?”
Adele snorted softly, feeling that this guy was really overbearing. He did not know how to show consideration for women and was not gentlemanly at all.
However, Jasper’s next words almost made her jump out of her skin.
“Finders keepers. I will not go in so hard over here and I’ll try to ensure that he will not liquidate before the agreement between you and him takes effect. After this, you will share half of the benefits with me. What do you say?” Jasper said with a grin.
Adele furiously said, “Jasper, I have always been the one who’s in charge, not the other way around!”
“Everything has a first. Wouldn’t it be good for you to give your first to me?”
After Jasper just said that, he felt that the statement just now sounded a little amorous.
Adele did not say a word.
He hurriedly changed his phrasing and said, “I didn’t mean that.”
“Then what did you mean?” Adele sneered.
Shrugging, Jasper did not continue to dwell on this topic with her. Instead, he asked, “What do you say? Just be quick about whether you agree or not. You’re going to get the goodies anyway, it’s just a matter of whether you get more or less.”
Adele was itching with anger.
She suddenly began to regret telling Jasper this news because she was greedy for the 1 million.
“Do you think that I, as the main cost bearer, have already used up all of my strength?”
“Why don’t you try me if you don’t believe me?”
“But let me say this, since Fabian is borrowing money from you now, it means that he has reached the point of exhaustion. His position might be liquidated if there’s another 0.5 point drop. Once he liquidates his position, he will have no use for that 1 billion. If you fail to sign the agreement by the time that happens, then you will lose the goodies that you already have in the palm of your hand.”
When Adele heard what Jasper said, she bit her lip and said bitterly, “Fine, but you have to choose either the shares of Atticus Family Group and the properties in the mainland, not both.”
“I don’t want their shares, it’ll be trouble for me. However, I’m sure the properties they invested in the mainland are of top notch quality, so I’ll take that,” Jasper said with a laugh.
“Go to hell!”
After Jasper hung up the phone, he laughed. Then, he narrowed his eyes and looked at the candlestick chart.
Life at the Top Chapter 1612
Fabian, oh Fabian… How interesting.”
Henry heard Jasper’s words and asked curiously, “What‘s the matter?”
Jasper explained the ins and outs of the matter and then smiled. “This is a surprise. Since Fabian still wants to struggle before his imminent death, then we’ll give him some time to struggle. It won’t be too late to kill him after we drain him completely.”
“Okay!” Henry was thrilled.
He was happy as long as they could make Fabian suffer more.
Half an hour later, Fabian received a man and a woman at his home in Harbor City. Both sides understood each other’s purpose and identity, so there was nothing to say.
“Mr. Atticus, this document will take effect immediately after you sign and confirm it. After which, the funds you need will reach your designated account immediately.
“Of course, in order to ensure the security of the transaction, we also need to take away a small number of your equity ownership certificates and all the rights to your investment projects in the mainland.”
Fabian sneered and said, “Who would dare to renege on the Brown Family’s debt?”
As he said that, Fabian had already signed his name.
“Take them away and credit the money to my account immediately,” Fabian said coldly.
The man and woman did not mind Fabian‘s poor attitude. They were just employees and they just needed to do the things they were ordered to do.
Not long after the two left, Fabian received the news that the funds had arrived.
Taking a deep breath, Fabian stood up suddenly. Then, he ordered his subordinates to cover up all the funds before looking at the profit and loss balance that had finally returned to normal in his account He gritted his teeth and said, “Jasper, this time, I won’t give you the chance to make a comeback!”
As if to confirm what Fabian said, the candlestick chart of Sun Dollars foreign exchange suddenly changed dramatically. Funds that came out of nowhere started shorting it without warning. This money became the last weight that would tip the balance of the scale.
Sun Dollars plummeted!
The short began to wave its bloody sickle as it frantically harvested the long funds.
Thousands of accounts were liquidated instantly for those who insisted on remaining in the long position. Then, the global capital circle went crazy.
This was the first time that someone had violently broken down a country‘s economic barriers.
In an instant, the Sun Dollars foreign exchange market became a party for the short side. All of the people who joined in before would get a piece of the pie right there and then.
Meanwhile, Fabian’s account was liquidated in the blink of an eye. Tens of billions of dollars instantly disappeared. This money became trophies that were harvested by the short side.
At this moment, Fabian did not even react.
“L-Liquidated?!”
The intense fluctuation of his mood caused Fabian to stand up suddenly. He stared straight at the computer screen in front of him, and by the time his brain finally realized what was happening, all his accounts had been liquidated. At the same time, the value of Sun Dollars plummeted by 8%.
All this happened in just a few seconds.
Fabian felt a sharp pain in his heart, his vision went black, his throat felt tight, and then he opened his mouth. With a retching sound, a mouthful of blood sprayed onto the computer screen.
Life at the Top Chapter 1613
This sudden appearance of funds not only completely kicked Fabian out of the game, even Softwin and Quantum Fund were screwed.
“How can this be?”
Inside Softwin’s headquarters, Echo watched the candlestick chart of the Sun Dollars foreign exchange that looked as if it had been beheaded. Cold sweat started pouring out from his body like there was a full power showerhead spraying above him.
Echo, whose mouth was dry and hands and feet were cold, felt as though his legs were floating, as if he was stepping on a cloud. The candlestick chart in front of him felt so unreal.
“M-Mr. Welch.”
A subordinate ran to him in a hurry and said with an unpleasant expression on his face, “The chairman is here.”
With just four words, the coldness of Echo’s hands and feet quickly spread throughout his body. He felt as if he had committed a heinous crime and had nowhere to run. Right now, he was being escorted to the execution ground to wait for the final bullet.
“W-Where is he?” Echo asked dryly.
“I’m already here.”
Behind him was an extremely deep and angry voice. Echo’s entire body shook when he heard that. Then, he quickly turned around to look at the old man who was striding toward him.
Even though the other party was short, his powerful body gave Echo an unparalleled sense of oppression.
This old man was Myles Shon, who was deified in the investment circle of Sunrise Land.
Myles strode up to Echo. Disregarding Echo’s desperate position as he almost laid flat on the ground out of humility, Myles raised his hand and slapped Echo heavily across the face.
This slap was very powerful.
Echo did not even get the chance to react. Even if he did, he would not dare to hide. After hearing the loud and crisp slap, Echo let out a muffled groan. Then, he spun on the spot twice before falling to the ground.
Bright red blood dripped on his white shirt and tie. The scene looked extremely gory.
“You!”
Myles pointed at Echo who had fallen in front of him and roared angrily.
“You took the money from the investment bank and helped the Somerland people attack Sun Dollars! You are the greatest sinner in the nation of Sunrise Land! ”
Echo could not even pay attention to his pain. He covered his face and cried out, “Sir, I was deceived by that b*stard Jasper with his dirty trick. I didn’t know how sinister and vicious he was. He is a beast!”
“Every word you insult him with now is the best compliment to him. If you weren‘t so stupid and brainless, how could you be deceived by him? The investment bank’s money comes from all walks of life in Sunrise Land, but you are attacking the currency system of our own country with the money they gave you and betraying the trust of the board of directors. Let me tell you, if you were not from the Trider family, you’d be dragged to kneel at the door of the investment bank to apologize to them by disemboweling yourself! Even so, don’t think you’ll be fine.”
“I formally announce that you are hereby dismissed from all your positions in Softwin Investments. I will temporarily personally assume your position. After this, you will return to your own family to accept punishment. Don’t forget, your family wealth is spread throughout Sunrise Land. Once Sun Dollars collapse, your family will lose out bad. Think about how you should explain this to your elders and the citizens!”
Although he had been mentally prepared for a long time, Echo was still terrified when all this actually happened.
Life at the Top Chapter 1614
“No! Please no!”
Echo shouted, he got up and crawled to Myles’ feet. He grabbed Myles’ pants and cried his eyes out, “Sir, please give me another chance. I don’t know why there was a mysterious fund of unknown origins entering the short side. If it were not for the funds, we might have won.”
“Are you dreaming?”
Myles looked at Echo coldly and sneered, “Walt Trider, the owner of Trider Financial Group, is your grandfather, right? Why would such a powerful person give birth to such a disappointing grandson?”
“That fund is very mysterious and the source of it is very unknown, right? I will tell you now that the fund comes from Somerland, from that damned Haddock Chamber of Commerce!”
“It was a total of 150 billion US Dollars!”
“This is the entire power of the Haddock Chamber of Commerce, but you didn’t react until they entered the market. Why did I ever let a good-for-nothing like you handle Softwin’s capital? It seems that it is not just you who needs to apologize. Now, even I have to apologize.”
“F*ck off!”
Myles lifted his leg and kicked Echo away. Then, he raised his head and said to the whole team, “From now on, I will personally direct you. Everyone, our country’s currency system is under attack If we fail, all of our wealth will be looted. Those vampires won’t leave any profit behind, so please, work with me.”
Myles’s prestige within Softwin was unmatched. After he finished speaking, everyone on the team stood up and shouted uniformly, “Yes, sir!”
“The exchange rate of Sun Dollars to the US Dollars is now 123.7:1. Everyone, build defensive line at the exchange rate of 125:1. Be sure to hold this barrier for at least 30 minutes at all costs.”
Myles looked at the horrifying candlestick chart and terrifying transaction data on the screen. Even at this moment, he felt a deep sense of powerlessness from within the deepest part of his heart. No matter how hard the outside world boasted about him, he was just a man, not a god.
Now, in the foreign exchange market, Jasper was the general of the Somerland army, while Sentel Corporation and Somerland’s Haddock Chamber of Commerce were his deputies. This was the high-level overview.
With every passing minute and every second, institutions and retail investors from all over the world joined in this snowballing trend, eager to make a fortune from the Sun Dollars exchange rate. Therefore, their power was growing with time.
In such a situation, was there any hope to hold on to the 125 Sun Dollars for 1 US Dollar mark? Myles himself had no idea at all.
“Connect to the video call from Quantum Fund,” Myles said solemnly.
Soon, the video was connected. Soros’s face appeared on the screen.
“A few years ago, when I was causing the Terra Financial Crisis, we met and fought each other. At that time, we were enemies.”
Soros was not surprised at Myles’ video request, so he spoke directly.
“But now, in the face of interests and common enemies, we are comrades-in-arms. I need your help,” Myles said.
“Oh? A common enemy? That guy who is less than 30 years old and about the same age as your and my grandchildren,” Soros said lightly.
“Abilities do not depend on age. The fact that you’re the one talking to me now and not Rogers is enough to prove that he is a strong enemy.”
Myles’ words silenced Soros for a moment.
“Tell me where you need me to defend you.”
“The 125 mark,” Myles replies.
Talking to smart people was simple. They were both gods in the same industry, so there was no need for nonsense when they talked.
Life at the Top Chapter 1615
“You won’t be able to hold the 125 point mark. My suggestion is 130.”
After agreeing to cooperate, Soros immediately showed that they had the sharpest sense of smell and the most professional qualities becoming of a financial bigwig.
“I fI were Jasper, I would definitely break through the 125 point mark at any cost, because the integer point mark is the real support point. He will use the 125 point mark to test the bottom line between Sunrise Land, you, and me.”
“But regardless of the bottom line, in order to give confidence to the institutions and hot money that are following the trend, he has to break through it. If we resolutely defend it, our loss will be great.”
Soros said this while suggesting that Myles looked at the trend and transaction volume data of the last 5 and 15 minutes of the candlestick chart.
“In the past 15 minutes, after the funds from the Haddock Chamber of Commerce entered, Jasper increased his attack intensity. In just 10 minutes, he broke through the 121 and 123 points in one breath.”
“Now review what happened in the past 5 minutes. Notice the continued shrinking of trading volume. This means that he is reducing his strength and testing the strength of the bulls. Once he gets the data he wants, he will launch a full-scale attack.”
Myles frowned and said, “But what if he breaks through the 130 point support level in one go? In that case, there will be an avalanche in more ways than one.”
“Is Sunrise Land that weak? Trider Financial Group hasn’t made a move yet.”
Soros smiled coldly as if seeing through Myles’ heart.
“Right now, Trider Financial Group still wants to hide and save their strength, choosing to instead let the United States capital act as firefighters. Do you think such a plan is realistic?”
Myles sighed and said, “Okay, I agree with your plan.”
After ending the Video connection, Myles glanced at Echo, who was sitting in the corner with blood and tears on his face. He said in disgust, “Why is this thing still here? Tell him to get lost.”
A few big men in black immediately rushed up and dragged Echo out.
At this moment, Myles received a top-secret call.
“This is Myles Shon.”
Myles said with a serious face after he walked into an empty room.
“Mr. Shon, how is the situation now?”
On the other end of the phone was an old man’s slightly tired voice.
“Not so good. At present, we are under great pressure. The bears intend to concentrate their efforts to penetrate the 130 point support level. However, the good news is that I have reached an agreement with Soros. Now, we will advance and retreat in tandem with Quantum Foundation.”
These words made the old man on the other end of the phone smirk coldly.
“How lamentable. We actually need to cooperate with an enemy from a few years ago to fight against Somerland.”
Myles felt ashamed. Then, he changed the subject and said, “How’s the head?”
“The head has no hope of waking up for now. We are now negotiating to have the deputy temporarily exercise all the powers of the head as per the constitution. However, those damned politicians are now arguing over their interests. The members of the cabinets this term also have other thoughts… In short, the situation is very not looking optimistic.”
Myles was speechless.
In business, his name carried enough weight, but when it came to politics, he understood that he should not say anything.
“Until those damned politicians come to their senses, you must withstand the current pressure, otherwise the future of the country will be bleak.”
Myles tensed his body subconsciously when he heard these words. Then, he replied, “Of course, I won’t let you down.”
As Myles answered this important call, Echo was locked inside his own office.
Life at the Top Chapter 1616
Echo jumped up suddenly like he had gone insane after sitting lifelessly on the chair.
“No, I can’t let that son of a b*tch Jasper be so free and unfettered!”
Thinking of the miserable things that would happen to him next, Echo had the urge to skin Jasper alive. He walked around furiously. Then, he picked up the phone and called Fabian directly.
What Echo did not expect was how weak Fabian’s voice was.
“You are done too, are you?”
Fabian’s first sentence successfully angered Echo.
“I didn’t come to fight with you,” Echo snapped coldly.
Fabian scoffed and said, “What did you say when I needed your help before?”
Echo suppressed his anger and said, “Mr. Atticus, now you and I have been driven into a dead end. I have been relieved of all duties just now. So, we should make our last stand.”
“Hehe, you are now a nobody without any power and I’m still in the hospital. What else can we do?” Fabian said coldly.
A cold glint flashed across Echo’s eyes. He gritted his teeth and said, “Well, we can use extreme methods to make Jasper disappear from this world.”
There was no reply from Fabian’s side for a long time when Echo said this.
Then, Echo heard Fabian ask in a harsh tone, “Are you crazy?”
“Who is Jasper and what is his status? Do you think we will meet a good ending if we take action against him?”
Echo said frantically, “Good ending? Do you think there is possibly a worse ending in store for us now that things have come to this?”
Fabian was speechless when Echo said this.
“It won’t be so easy to assassinate him. The guy next to him called Julian Lager is very powerful.”
Upon hearing this, Echo knew that Fabian was still intrigued.
He said grimly, “So what? Anyone can be taken down by a bullet. As long as you agree, then you and I can go and hire someone for the job. There are so many desperadoes in this world, and I don’t believe that Jasper is indestructible.”
Fabian took a deep breath and answered in a deep voice, “This kind of thing is absolutely impossible to do in Somerland. According to the information I got, Swallow Capital places great importance on Jasper and may send someone to protect him secretly. If it’s done in Somerland, I’m afraid that before the person we hire can do anything, they will be taken care of by the Somerland government.”
“Then find an opportunity to get Jasper to leave the country. As far as I know, he pledged a large amount of gold to the Sunrise Land Central Bank. If something goes wrong with this batch of gold, do you think Jasper will come and take care of it himself?” Echo sneered.
Fabian felt his scalp turning numb.
“We can’t rush this. Let me think about other better ways. Jasper is too smart and cunning. A little flaw may alert him, so there is only one opportunity for us. You should wait for my call.”
Echo replied coldly, “Do it as soon as possible. I can’t wait for long, I’m almost finished. Before that though, I will only die in peace if I see Jasper die before me.”
“You lunatic!”
Fabian cursed as he hung up. Yet, in his eyes was a flash of excitement.
Life at the Top Chapter 1617
Mr. Laine, we have broken through the 125 point mark!”
Jake let out an excited cheer that he had been suppressing all this while, making all the team members of the Nauritus City trading center happy. Although all of them were exhausted, they became excited when they looked up and saw the glorious result of their meritorious service.
They crashed the Sun Dollars exchange rate of Sunrise Land, the second economic power in the world, and they had all contributed to this.
This feeling of standing in the center of the global economic storm and disrupting the global situation was enough to make anyone, especially men, intoxicated and fascinated.
“We’ve broken through?”
Jasper did not look happy. He was even frowning slightly. He walked over to Jake and began to look through all the transaction data.
Jake seemed to know what Jasper was thinking about and said excitedly, “This is not surprising, Mr. Laine. With Sentel’s cooperation and the unexpected Haddock Chamber of Commerce capital injection, not to mention that the mainstream capital forces in the market that are all following us to sell short, it’s only expected that Sunrise Land was caught off guard and were unable to defend.”
“Is that so?” Jasper glanced at lake and asked.
Jake was a little bewildered after Jasper looked at him and asked him that question.
“Is it not?” Jake asked cautiously.
“Of course not.” Jasper glared at Jake.
It seemed that this guy had become dizzy from successive victories. Thus, Jasper had to bring him back to reality.
“Sunrise Land is the world’s second largest developed country in terms of economic output. Is the economic system of such a country so easy to break?”
“Even though we’re advancing with insurmountable force, the moment Sunrise Land starts to operate, with the official documents, the cooperation of private capital, and even the Sunrise Land Central Bank, this beautiful dream that seem to be blooming will be immediately shattered.
“We may seem strong, but in fact, the funds at our disposal do not exceed 500 billion US Dollars.”
“Among them, we directly control less than 200 billion US Dollars. Most of the force consist of hot money and institutions that follow us to make a fortune. Their total capital exceeds 1 trillion US Dollars, but these 1 trillion US Dollars will immediately abandon us and retreat once there’s a problem.”
“If you count this hot money and institutional money as our own strength, then when we encounter a key support point, which will indicate Sunrise Land’s defensive determination for Sun Dollars, hot money and institutions will begin to retreat once the tug of war begins, and we will be the one who will be encircled, killed, and dismantled.”
Jasper’s words made Jake go pale.
“Then, where will that key support point be?” Jake asked, his mouth dry.
“I thought there would be strong resistance at 125, but the resistance here was still bearable. Now, our short side is strong, which makes it the best time to besiege and plunder as we hold the greatest momentum. Even if Softwin and Sunrise Land built a defense at 125, I had great certainty and confidence that we could penetrate it.
“But now it seems that this point is actually at 130.”
Life at the Top Chapter 1618
Jasper narrowed his eyes slightly and saw that the foreign exchange rate price had jumped to 126.6 at this time. He was doing countless deductions and calculations in his heart as countless possibilities flickered and collided in his mind. Finally, he came up with a few strategies that could be implemented.
Time would not wait for anyone, and there was not much time left for Jasper to consider and weigh out the pros and cons of each decision. Therefore, he directly issued the order.
“Issue an investor memorandum of understanding in the name of JW Foundation. Draft it immediately.”
Jake quivered and hurriedly summoned someone. A senior secretary immediately ran over and waited respectfully for Jasper to speak.
“Given Sunrise Land’s national conditions, excessively loose monetary policy, and high total social debt, JW Foundation believes that Sun Dollars can no longer support the current exchange rate point. JW Foundation officially announces a short on Sun Dollars.”
“During this short, JW Foundation welcomes the follow up of funds from all walks of life from around the world. JW Foundation will lead with the investment of 100 billion US Dollars. Under the premise of reason, legality, and compliance, we will strive for the greatest profit space for investors.”
The moment Jasper finished speaking, the senior secretary had already drafted the text. After quickly flipping through it, Jasper signed it and said, “Go and publish it.”
As soon as the senior secretary made the announcement, Jasper turned his head and said to Jake, “Do you know who the most dazzling and successful people in the capital circle are?”
Jake said sincerely, “They have experienced countless battles and may have failed, yet most of their lives have been a complete victory. In addition, they must have participated in more than one major international financial event and may have even been one of the leaders in it.”
“What you are telling me is from the textbook. What I want to tell you is that these people are often the most successful and the most despicable beings out there. Heaven destroys those who don‘t look out for themselves. They are the ones who manage to interpret this vividly.”
Jasper pointed to his nose and said, “Today, I will be a person who would rather wrong the world than let anyone wrong me.”
After the announcement by JW Foundation was released, the already complicated and chaotic financial situation became even more unpredictable.
It was unknown how many people initially saw this memo, but it spread quickly. Ordinary people did not even know that a nuclear bomb level weapon had exploded in the global financial community.
“This is the first official external business activity since the establishment of JW Foundation, and it is directed at the sharp decline of Sun Dollars.
“All of us thought that JW Foundation was a weapon that Jasper prepared to fight Wall Street with Somerland capital, but we didn’t expect that it would hit Sun Dollars.
“JW Foundation is a benchmark hedge fund targeting the modernization and globalization of Somerland capital, which means that Somerland Capital has enough power to enter the international arena. Even so, it chose Sun Dollars in its first battle. Is that really a good choice?”
Various financial media responded to the news, including the special commentary of a political commentator and the news host, who were heatedly discussing the matter.
JW Foundation was just a newly established venture capital fund, and it had no past glorious achievements. In terms of volume, it could only be regarded as a midstream fund even in Wall Street, let alone on a global scale.
According to common sense, the financial media would not pay much attention to such a foundation.
However, Jasper was its boss, and Jasper was the man who could beat the Dow jones Index down by himself. While the financial media was still discussing the impact of the release of this memo, global capital responded instantly. More bloodthirsty sharks were attracted by this memo, and they began biting at the already shaky Sun Dollars foreign exchange.
Life at the Top Chapter 1619
The reason why Jasper released this memorandum of understanding was to attract more hot money and institutions to participate in this battle.
His goal was also achieved in a short time.
“It is said that the most important thing in finance is efficiency. Time is money. This is a well-known saying in this industry, and it seems that this sentence is really correct.”
Jasper looked at the increasing transaction volume and the slow decline of the Sun Dollars exchange rate. Then, he smiled at Jake beside him.
“What are we going to do now?” Jake asked.
“Gather your momentum and break 130 points,” Jasper said solemnly.
With this order from Jasper, hundreds of billions of dollars of funds began to roll. At this moment, the short selling funds following Jasper reached a terrifying 2 trillion US Dollars.
The money came from countless investors and accounts from all over the world. They all came with one goal, which was to carve up Sun Dollars!
5 minutes later, the Sun Dollars exchange rate fell below 128 for the first time, only 1 point away from the historical low.
The last time the Sun Dollars exchange rate reached this price was before the signing of the Plaza Accord. At this moment, as he stood on the upper floor of the Softwin headquarters in Eastern Capital, Myles stared fixedly at the screen.
“This Somerland kid is such an insufferable bully!”
Myles slammed his hand on the large desk and roared, “The economy of Sunrise Land must not be looted by this group of bandits. This will be the shame of our country and this nation!”
A man in a black suit with a meticulous expression stood up and said with a serious face, “Jasper has issued a memorandum of understanding, which is calling for hot money to enter the Sun Dollars exchange rate market together. It’s very hard for us to resist such strong pressure.”
“We have to, even if it’s hard. Now, the deputy head will act as the temporary head. We just need to buy a little time.” Myles gritted his teeth.
Of course, he understood what the man was saying, but when things got to a critical point, Softwin had to solve the trouble that they themselves caused. Otherwise, even if the Sun Dollars crisis passed, Softwin’s would not be able to survive its own crisis.
As he thought about this, Myles wished to get someone to drag Echo in front of him and cut him into a thousand pieces. If it were not for this idiot, Softwin would not have been put into this situation.
“Sir, Soros is on the phone.”
The assistant walked over to Myles and whispered. Myles waved and dismissed everyone before answering the phone.
“I can’t stop it.”
Soros’s first sentence made Myles‘ face fall.
“But you said you could stop him at 130 points!” Myles said with suppressed anger.
“Are you stupid?”
Soros smirked and said in an annoyed tone, “Jasper has overdrawn his next strength and appealed to penetrate 130 points. This kid‘s vision is fierce, and the cruelty of his methods make me feel threatened. We all underestimated him.”
“We should use a small amount of strength to resist and block at 125 points, but we didn’t. Jasper saw that and realized that our psychological bottom line was at 130 points.”
At the end of the day, when he saw that even Soros could only retreat, he could not help but ask, “What should I do? We’ve retreated to the edge of the cliff, there is no hope now.”
“Don’t worry, I have a plan. Do you know what a honeypot is?”
Soros laughed.
When it came to investment, he may Myles’, the god of investment in Sunrise Land, opponent, but when it came to hedge funds, he was one of the best in the world.
“It’s just a decoy trap. What do Jasper and hot money agencies want? Profit. And we will give it to them.”
“At the 130 point mark, we will leave 300 billion US Dollars for them to fight over. After they finish it, they are bound to break through 135. A lot of time will have passed before this happens. The Sunrise Land government would have had enough time to let the central bank use foreign exchange reserves to enter the market to encircle and suppress Jasper’s main funding. Then, they can make the announcement.”
After Soros said that, Myles had a lightbulb moment. At this moment, he was enlightened. Yet, this decision was not so easy.
“300 billion US Dollars is enough to sink all of Softwin,” Myles said.
“This is what you need to consider. I have given you the solution, but as for how to do it, I won’t interfere,” Soros said lightly.
Myles replied through gritted teeth, “How sure are you?”
“The capital market is uncertain. If you ask me how sure I am, I can only tell you I’m not because every decision I make is conceived under the premise of failure,” Soros replied.
“Then how do you expect me to make this decision?”
Myles was angry. “We’re talking about 300 billion US Dollars. If the follow up fails, then we will be giving out 300 billion for nothing.”
“As long as the central bank of Sunrise Land is fast enough to release foreign exchange reserves, then Jasper will not be able to run even if he wants to. He will need time to withdraw the volume of hundreds of billions of dollars.”
Soros’ words silenced Myles.
“I will do as you say, but Wall Street capital must assist me in this matter,” Myles said.
“Don’t worry, Wall Street won’t just watch Sun Dollars crash.”
Life at the Top Chapter 1620
The exchange rate market of Sun Dollars was full of demons. The exchange rate of Sun Dollars was steadily approaching the 130 mark.
“Mr. Laine, the resistance is not as fierce as we imagined.”
Jake reported to Jasper.
On the desktop in front of Jasper were five or six monitors, each of which displayed dense rows of data. Even though this huge flow of data was intimidating, it was what remained after a professional team of analysts had filtered out a large portion of the unnecessary data.
“Continue to break through.”
Jasper raised his brows slightly and said, “Everything is already on the line. Whether it is Softwin or Wall Street, there will be no retreat. We have to break 130 points.”
“Okay.”
After Jake answered, he immediately returned to his position and began to instruct the team to execute the order.
At this moment, the short sellers treated Jasper’s Nauritus City trading center as the core and the Harbor City and Waterhoof City trading centers as affiliates. Together, they made up the core first echelon.
The seconda echelon was Sentel Corporation and the Haddock Chamber of Commerce funds that had just joined.
The reason why they were called the second echelon was not that their strength was not strong enough. In fact, the funds of the two entities combined were a lot more than Jasper‘s three trading centers.
After all, they had history.
Yet, the short sellers were implementing Jasper‘s orders as their core now. This was recognized by everyone, so because of this, they could only be regarded as the second echelon.
The final periphery was other hot money and institutions.
The size of this fund was the largest, but it was also the most scattered. Without a core authority, they would only base their actions on the direction and situation of the market. They were the most uncontrollable, but because they were uncontrollable, they were also the most dangerous.
As for the long side, it was much simpler.
Softwin and Wall Street capital were both the core, and Sunrise Land’s local capital was the periphery.
Although the periphery strength was not strong, Softwin and Wall Street Capital were both giants.
As the two sides slowly confronted each other, the exchange rate of Sun Dollars had steadily approached the 130 point mark Now it had reached 129 points.
However, just as it was about to break through the 130 point support point from 129 points, the bears encountered fierce resistance from the bulls.
On the market data, the price of the Sun Dollars exchange rate consistently stopped at 129 and 129.8. This meant that the shorts were attacking fiercely, but the longs were staying and holding on at 129.9 points.
“Mr. Laine, resistance has appeared, and it is very strong. At present, the two sides have invested nearly 150 billion US Dollars each, but we still can‘t see the bottom line of the long defense.”
When Jake said that, Jasper had already walked up to him.
At this moment, the fierce competition between the two parties had been going on for five minutes.
Even though 5 minutes seemed like a short while, 150 billion US Dollars from both sides had been exhausted in this period, and the number was still increasing frantically.
“Tell the trading centers of Waterhoof City and Harbor City to pull back and notify Sentel to slow down the attack appropriately.”