Posts Tagged ‘George Soros’

The largest foreign exchange transactions ever made. Part II

No. 2: Stanley Druckenmiller betting on the frame twice. Stanley Druckenmiller made millions by betting long (Long Bets) twice to the same currency while working as an operator for the Quantum Fund of George Soro. The first bet Druckenmiller came when the Berlin Wall fell. Already perceived difficulties with regard to the reunification between East German and West German mark had led to a depression that Druckenmiller considered extreme. Initially, he made a multimillion-dollar bet for future recovery (Rally) until Soros ordered to increase their purchase of 2 billion DM. Things were consistent with the plan and the long position (Long Position) came to be worth millions of dollars, helping to take the Quantum Fund's performance above 60%. (more...)

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What is the Forex market?

Forex or FX is short for "Foreign Exchange" and is called in German currency. Consequently, the FX market or the forex market is the market where the foreign currencies are exchanged. So, as adopted, see that the American economy was on the ground long enough and you believe that there is currently sufficient evidence to suggest that the U.S. faces an economic upswing. Since you want mitmischen perhaps, best in the real estate market, because promises a good return. So you want to buy something. Thus in the U.S. but you can go on a shopping trip, you need dollars. Consequently, you exchange euros for dollars. The result is: The dollar goes up, the euro down, at least in theory. And if many do now,

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