"They're completely finished!"

When he heard that X-Spatial was borrowing money from a broker, Gross's first reaction was that there was a problem with X-Spatial Fund's cash position. He has always been rigorous and serious, and he did not choose to believe it, and then let his subordinates carefully verify it and confirm it in every possible way, and then announced it ecstatically.

What Gross didn't know at all was that the news they got was deliberately released to them by Soros. But even if Gross knew that someone else was doing it on purpose, he wouldn't care, because of his dominance in the bond market. After investing nearly $5 billion in positions, Gross would not allow the siege to fail.

"They're really finished!"

Erlian. Muhammad nodded in agreement, his expression slightly surprised. As for the consequences of the siege and defeat of the Tianyu Fund, this was obviously expected by him. However, the fact that Tianyu Fund only lasted for so long and announced the depletion of its cash position was a bit of a surprise to him.

But when I think of giants like Goodman and Stanley, who also fell into a situation of insufficient cash positions in the whirlpool of rumors, Elian . Muhammad was relieved. In times of severe economic conditions, no matter who is caught up in rumors, cash will be quickly depleted, just like today's Tianyu Fund.

"Now it's time to add another handful of firewood!" He clenched his fists excitedly, his expression was hideous and terrifying, and he was so excited that he could see a slight bulge in his temples, "In one go, I will completely beat the Tianyu Fund to a situation where it will never recover." ”

"That's what I thought too!"

Gross was pleased with Erian's performance, and the other party was speaking his mind. For Gross, he is no less greedy than Soros. Especially for the act of "beating the water dogs", Gross is particularly enthusiastic and good at it. It's just that for bond funds, because of the limitation of yield. Accordingly, he has not received as much attention as hedge funds, so to a certain extent, he is not as famous as Soros.

Now there is a great opportunity in front of Gross, and even though he is already the "King of Bonds" and does not need to fight for fame, he still covets the huge profits contained in it, so he will not miss such an opportunity.

"How many positions do we have?"

Gross touched his chin and thought for a moment. Then he asked, "Also, how much can we borrow from a broker?" ”

"I still have a position of about $3 billion in 10-year Treasury bonds, and if I borrow from brokers, I don't think it's a problem to make up $2 billion. We were able to open at least a short position of around $10 billion. "Erian. Muhammad said casually.

He has a very good memory, and all kinds of numbers seem to be burned in his mind, and he can easily come to them without effort.

"Good!"

Gross slapped his thigh, "Before our position is in place." Don't let this news get out. After that, we will spread the news so that the whole market will know what the current situation of Tianyu Fund is. I believe that it will not be long before they will completely disarm and surrender! ”

"That's a ruthless move!"

Erlian. The corners of Muhammad's mouth twitched slightly, and he was secretly frightened, unable to say a word for a long time. According to his personality and style, he may have thought that he would spread the news to the market at the first time, gathering the strength of everyone to form an oppression on the Tianyu Fund. But Gross went one step further, first replenishing his arsenal of ammunition. Call the people again.

It's hard to tell the difference between the two, but from the perspective of earnings. It is undoubtedly Gross's strategy that is more aggressive and ferocious.

Pacific Investment Management's margin call was swift, and news soon came from the broker's side. Then their traders began to spread the word in the market, and when the phone rang one after another, traders throughout the bond market knew about the news of the company's cash troubles. On the surface, various traders have listened and spread the news, and secretly the funds where these traders work are gearing up, preparing to deal the final fatal blow to Tianyu Fund after the opening of the market on Monday.

The prey has been cornered. Now it's harvest time.

……

When the news from the United States reached Hong Kong, everyone among the traders of Tianyu Fund was apprehensive, and although they were full of confidence in Zhong Shi, Zhong Shi did not appear at the forefront of this "battle" from beginning to end. They directly obey the orders of the country, and they have no blind faith in the country.

They are also the most aware of the news of the insufficient funds of the Tianyu Fund. The rumors turned into facts, everyone was a fish on the chopping board, and there was only the fate of being slaughtered, and for a while, the morale of the entire Tianyu Fund was extremely low.

In the face of this situation, Zhong Shi still did not cheer up the traders through public speeches or internal emails, which made the hearts of the people within Tianyu Fund fluctuate. Some traders even believe that the myth of Bellstone's invincibility may be over.

Of course, no one thinks that the Tianyu Foundation is finished. After all, the position of this deal so far is only about $20 billion, which is nothing compared to the entire fund.

But if this "battle" is really lost, it will be a milestone for Zhongshi to fall from the altar to a mortal.

Some of the older traders have mixed feelings about the imminent collapse of the idol, some of them are even veterans of the Tianyu Fund's founding, and some of them joined the Tianyu Fund in '98 and witnessed the scene of Zhongshi and international speculators. Over such a long period of time, these people have become Bell Stone's most faithful believers, not doubting every decision he makes, because the market ultimately proves Bell Stone's decision to be the right one. But this time, an exception may be made.

Those who have not been on the club for a long time are much simpler. Although they had also heard of Zhongshi's great name, there was still a big gap between what they had heard and what they had experienced. For them, it may just be a crushing investment failure.

Despite their different thoughts, at the start of work on Monday, each trader's face was unusually solemn, some were planning to see the historic moment, while others were thinking about how to try to reduce their losses.

"Gentlemen, we won't lose!"

Before the market opens. Zhong Shi finally appeared, his face was flushed, his complexion was good, and he did not have the slightest hint of worry, which made everyone's hearts relaxed. And what Zhong Shi said next made everyone feel a little more confident for no reason.

"Today you will see the market in real form."

Zhongshi jumped onto a desk. Looking around, I could see everyone's reactions, "We have always been talking about what value investing looks like, and how the invisible hand allocates resources to achieve Pareto optimum." But what happened today cannot be said to be a subversion of the free market economy, but at least it will tell us from the other side that the factors that affect the market are not only the relationship between supply and demand. ”

"On the situation in the US 10-year Treasury market. I'm sure you gentlemen are more familiar than I am. I would say that even if we lose here, it's nothing, because it's not familiar territory after all. However, at the moment, it is not certain who will win and who will lose, so don't be discouraged too soon. Many of the rumors in the market are true. I also knew about the fact that the Tianyu Fund was under siege. But why fight. Why stubborn. I believe that after today, you will know the answer. ”

"Gentlemen. Right now we have a cash position of less than $1 billion. However, after discussing with me, Jiang Shan did not plan to set up any strategy today. You are free to play according to the permissions at hand. But there is only one point, that is, after the market closes, all traders who enter the market must have more positions than they do now. In other words, the general direction of today's strategy is still to buy long. Of course. If you're not interested, you can do nothing and watch the market all day. If you're bored, you can get off work now! ”

These words shocked everyone.

The first is to take out $1 billion and still go long, and it's an indifferent attitude. That is, whether it is a short-term or intraday operation, it is completely the nature of playing tickets, which is simply a direct abandonment of resistance. This is not the most shocking thing for everyone, the so-called speech that can be played or not is even more shocking to everyone, but also confused. Even if you don't invest that billion dollars, it's not a big deal?

Where does Zhongshi's confidence come from to resist the market's counterattack?

All eyes looked at Zhong Shi in unison, expecting him to say the doubts in everyone's hearts. But after Zhong Shi said the above words, he didn't say anything more, jumped off the table directly, and walked away.

Zhong Shi's previous words did inject a shot in the arm for the traders, but everything that followed seemed very nonsensical, which made the traders puzzled, and the dumbfounded group of people stared at each other, not knowing what to do next. When they turned their eyes for help to Jiang Shan, Jiang Shan couldn't withstand this pressure, and followed Zhong Shi's footsteps apologetically and slipped away.

"What should we do?"

Without the backbone, the traders are in a mess, and everyone is asking.

At this moment, an elderly trader stood up and said loudly: "Colleagues, don't panic for the time being. In the current situation, we can only do our best to resign ourselves to the destiny of God. Personally, I think that when the market opens, I will spend a lot of money first, hoping to win over some of the allies. But if we encounter a fierce attack from the other side and run out of ammunition and food, we will not be able to do anything. ”

With that, he glanced desperately at Zhong Shi's office, and then shouted hoarsely, "We will not retreat until we have exhausted our last penny." ”

Infected by him, other traders also burst into emotion, raised their fists one after another, and shouted: "Never retreat!" Never retreat! Never retreat! ”

……

"You're really not going to care?"

In Zhong Shi's office, Jiang Shan listened to the high-pitched shouts outside, and his heart was very uneasy, and he couldn't help but persuade him, "If this is the case, it will dampen their enthusiasm." ”

Although traders trade on orders, there is still a certain degree of autonomy for traders at X-Spatial Fund. But if it's a billion-dollar deal, none of them have that experience.

"The market is out of my control anymore, so we're still waiting."

Zhong Shi fiddled with his fingers boredly, and replied absentmindedly, "As for those funds, let them play, maybe there are still ultra-short-term guys who can make a profit today." ”

"I'm curious, who are your allies?"

Although he has warned himself many times, at the moment when the mystery is about to be revealed, Jiang Shan still can't suppress his curiosity.

"First Hedge Fund!"

Leaning forward and staring straight at Jiang Shan, Zhong Shi said word by word, "Not bad!" It's the first hedge fund! And it's the world's No. 1 hedge fund! ”

"Don't go against this hedge fund at any time, or whoever it is, they're going to die a terrible death!"

"Whoever it is?" Jiang Shan looked shocked and asked.

"Yes, not any one organization!" Zhong Shi's tone was very serious, and his expression was unprecedentedly solemn, "Including our Tianyu Fund!" (To be continued......)

PS: Thank you book friends Jiangnan Liu Feiyan, Brother Zhao, Europe 56, and Xiao Shuili for voting for the monthly ticket! The situation is not very good this month, so let's do it silently......