Chapter 0621: The True Face of Lushan

$1.2 trillion in trading capital, which is the sum of all the trading funds obtained by Goldman Sachs Group by selling the shares of the three major US arms dealers and the shares of Rothschild Bank, as well as the initial trading capital it holds!

It is all the trading funds that Goldman Sachs Group can get its hands on at this moment!

With a wave of his hand, Qiao Tianyu threw out all the trading funds in the hands of Goldman Sachs Group and frantically shorted the pound and smashed the pound exchange rate, which is obviously a desperate rhythm!

At this moment, everyone present had already smelled the smell of the final battle, and everyone couldn't help but have their blood boiling all over their bodies, and their hearts were excited to the throat!

It's finally time to come!

"Received! Sell all the trading funds immediately!"

Mr. Shamal, the head of trading at Goldman Sachs Group, couldn't hide his excitement and immediately placed a trading order for the trading seat of Goldman Sachs Group with his trembling hands!

With Mr. Shamal's "finger" order, in an instant, the 1.2 trillion dollar pound sell order was frantically thrown into the international foreign exchange market.

$1.2 trillion pound short sell order!

That's the equivalent of the total scale of Britain's foreign trade in several years, and it's an astronomical amount that even the Bank of England itself would not dare to imagine on a daily basis!

Therefore, the appearance of this sterling transaction sell order instantly scared the entire international foreign exchange market stupid!

At this moment, the most excited thing in the world is the financial vultures hovering high in the world's financial markets, such as George Soros's Quantum Fund and Julian Robertson's Tiger Fund!

With the $1.2 trillion pound short sell order over there being sold, the financial vultures smelled carrion for the first time!

The scavenging, bloodthirsty financial vultures roam the sky over world finance all day long, in order not to miss any opportunity to make a profit from shorting.

And this time, Qiao Tianyu's magnificent sword pointed at the Bank of England, which caused those financial vultures to be very excited!

I saw that those financial vultures immediately went out en masse, circled towards the Bank of England, eyed the Bank of England, and put on a posture of rushing down and tearing the Bank of England to pieces at any time!

In order to quickly recall the routine of international hedge funds shorting a country's central bank, the following is a brief review for you.

As explained earlier, in the international foreign exchange market, in order to maintain the stability of the currency exchange rates of various countries, the best way for central banks to deal with financial vulture shorting is to hold a large amount of US dollars as foreign exchange reserves.

When the financial vultures frantically short a country's currency in the international foreign exchange market, the country's central bank can use its dollar reserves to eat the country's currency sold by the financial vultures until the other party runs out of food.

Therefore, whether the financial vultures can successfully short a country's currency is ultimately compared to the amount of the country's currency sold by the financial vultures and the amount of dollar reserves held by the country's central bank.

If the financial vultures sell more of the country's currency than the central bank holds more dollar reserves, the financial vultures will succeed in shorting and the country's financial system will be in ruin.

Conversely, if a country's central bank holds more dollar reserves than the financial vultures sell the country's currency, the financial vultures fail to short and end up losing a lot.

Back then, George Soros succeeded in shorting the Bank of England in 1992 because the Bank of England held too few dollar reserves to cope with the short-selling attack of the Quantum Fund, and finally lost.

However, after the 1992 pound crisis, in order to avoid repeating the mistake of being shorted, the Rothschilds rebuilt a new British pound exchange rate prevention and control system for the Bank of England.

The new pound exchange rate prevention and control system sets a minimum dollar reserve limit for the Bank of England --- $30 billion, which means that the Bank of England holds $30 billion in dollar reserves on a daily basis.

When the Bank of England encounters an international hedge fund short attack in the international foreign exchange market, if the international hedge fund short scale is less than 30 billion US dollars, the Bank of England can use its foreign exchange reserves to deal with the short attack on its own.

As soon as the size of international hedge funds shorting exceeds $30 billion, the fund swap agreement between the Bank of England and the Fed will be activated immediately.

As the issuing bank of the US dollar, as long as the Fed is willing, it can provide the Bank of England with an uncapped steady stream of US dollar reserve support, and easily repel any invading enemy!

So this is why, in the eyes of the outside world, with the strongest backing of the Federal Reserve, the new version of the pound exchange rate prevention and control system is absolutely unbreakable!

In the same way, the new version of the pound exchange rate prevention and control system is powerful, investment institutions and financial vultures around the world have heard about it.

It's just that since the establishment of this new version of the pound exchange rate prevention and control system, no international hedge fund has dared to risk their lives to provoke, so no one can say whether this new version of the pound exchange rate prevention and control system is as magical as the legend says!

This is precisely why after Qiao Tianyu threw out a $1.2 trillion sterling sell order to short the Bank of England, the world's financial vultures only besieged but did not attack, and did not follow and attack.

Obviously, those monkey spirit financial vultures have already taken Qiao Tianyu as a litmus test, and they just take this opportunity to see if the new version of the pound exchange rate prevention and control system works?!

However, as the group of financial vultures gathered more and more, the tension in the entire international foreign exchange market also heated up rapidly, and the situation was tense to the extreme for a while.

On the other hand, as soon as the $1.2 trillion sterling sell order was sold, it was immediately captured by Yamaki Kobayashi's data analysis team, and they immediately reported the news to Yamaki Kobayashi.

However, unlike the tense atmosphere in the world, when Yamaki Kobayashi and others learned the news that Qiao Tianyu was crazy about shorting the Bank of England, not only did they not show any nervousness, but on the contrary, everyone present instantly burst into laughter.

For the new version of the pound exchange rate prevention and control system, Yamaki Kobayashi Lang and others have naturally heard of it, and they firmly believe that they don't need to do it themselves, the pound exchange rate prevention and control system can tear Qiao Tianyu to pieces!

Qiao Tianyu, Qiao Tianyu, you really ate the guts of a bear's heart and a leopard, and you dared to attack the Bank of England?!

Do you really think that the unbreakable impregnability of the new version of the pound exchange rate prevention and control system is a joke?

Today, even if you are the King of Heaven and God Jesus, you will not want to escape from the clutches of the new version of the pound exchange rate prevention and control system!

Today, the Bank of England will be the burial place of your Qiao Tianyu!