Anti-Japanese Jedi Player

Chapter 264 Silver
"Silver prices are down again, now about twenty cents an ounce"

In the New York Stock Exchange, a howl sounded.

The price of silver was still one dollar an ounce last year, but now it has dropped to only one-fifth in just three months. Such a change really puzzled him.Now Europe and Asia are fighting wars. During the war, the price of gold and silver has risen. This gold is rising slowly, why is silver plummeting?And suddenly there are silver sellers everywhere, and I don't know where so much silver comes out.

"Is the Silver Reserve board selling silver again?"

A man next to him pouted.

"Well, another four thousand tons were laid out in the morning"

Another person interjected.

The three of them are businessmen who invest in silver. They made a lot of money by transshipping silver from the Republic of China to the United States in the previous U.S. Silver Act. In his hands, at the current price of silver, it's not a blood loss, or it's all for nothing in the past few years.

"God, nineteen cents"

Suddenly a person opened his mouth and shouted.

Looking at the other two, the number on the price tag between them dropped suddenly.

"Damn it, let's sell it, or we will continue to lose money"

A man yelled in panic.

It costs so much silver to pile up in the warehouse, it is better to stop the loss.

"I'm afraid there is no chance, no one will buy it at all"

A person said with a dull look.

At this time, the other two discovered that there was news of a large amount of silver selling on the trading platform, and the lowest price was only fourteen cents an ounce, and the quantity was as high as [-] tons.

"God"

The three of them passed out immediately.

······
"Now we have 15 tons of silver in stock"

In an office of the U.S. Silver Reserve Board, an official reported a figure with a wry smile.

"And there are our 20 tons of silver bonds in the market"

His wry smile grew stronger in his second sentence.

The original goal of the Silver Act was to increase the silver reserves of the United States, and at the same time increase the purchasing power of the opposite Republic of China, and to win the votes of those state congressmen rich in silver, that is, the Silver Group.

The specific plan is that the government pays for the purchase of silver until the price of silver rises to $1.29 per ounce. Deep in the flames of war, as the United States, which controls [-]% of the world's silver transactions, completing this plan is of great benefit to the United States.

But after all the calculations, they never imagined that five years after the implementation of the Silver Act, that is, when the price of silver rose to one dollar an ounce, a large amount of silver would suddenly hit the market.

Originally, the Silver Reserve Committee believed that someone was deliberately lowering the price of silver, so they mobilized funds to buy this large amount of silver, but the development of the matter was completely unexpected. Someone discovered millions of tons of silver ore.

The Silver Reserve Committee alone has more than 30 tons of silver, and according to the ratio of 2 to 1 by the private ratio committee, that is to say, there are at least 70 tons of silver waiting for opportunities in the market.The 70 tons of silver are in the hands of various private speculators, and they are ready to sell when the price of silver is higher.

A silver bill actually collected 100 million tons of silver!In their previous estimates, the total amount of silver in the world was about 50 tons.Moreover, the silver in the United States at that time was only tens of thousands of tons.

"Where did so much silver come from?"

No one can answer this question.

"Who the hell is selling silver to private individuals in batches?"

It stands to reason that such a large-scale inflow of silver will inevitably be discovered by the United States, and the presence of so much silver on the market will definitely trigger a large-scale sell-off by investors, but if there is no such thing, then someone must deliberately control the sale of silver, and the power Still strong, at least one country.

In order not to cause fluctuations in the BY market, some people are selling silver at fixed points, and some are secretly selling silver in batches and large numbers of times.

Some countries are using the silver price difference caused by the Silver Act to make money from the United States.

The second question was answered.

"Japan"

replied an investigator.

"I have investigated some merchants who have a large amount of silver. They all bought from Japanese merchants, and many Japanese merchants also paid with silver. It was just because of the Silver Act that these merchants did not throw out the silver."

"Japan? Where did they come from so much silver?"

The third doubt turns back to the first question.

"It should be the Republic of China. The silver appeared after they fully attacked the Republic of China, and the Republic of China is still using silver as currency."

The investigator thought for a while and replied.

"The stats are out"

"We lost a total of 35 billion US dollars on this batch of silver"

At this time, the accountant on the side finally calculated the loss, and this figure also made the official in charge's heart skip a beat, and he had the urge to faint immediately. Such a large loss would cause the Congress to chop him.

"The Republic of China used silver as currency, can we transfer this batch of silver to them?"

The official narrowed his eyes, his gaze was gloomy.

At present, the price of silver has been reduced to [-] cents an ounce, which is almost one-fifth of the peak price. According to the weight and the value of the currency before and in the Republic of China, the value of the silver dollar itself as a currency is definitely higher than the price of silver. As long as the silver is sold to In the Republic of China, through the price difference of silver, a certain loss can be made up, and maybe the price of silver can be rebounded.

"impossible"

The accountant spread his hands and looked at the officials around him with contempt.

"The Republic of China is currently at war, and normal business activities are difficult to carry out, and"

Speaking of which, the accountant paused.

"Exchanged, the price of silver in the Republic of China is 5 cents an ounce"

"What, so low?"

The frighteningly low price immediately stunned the officials.

Five cents an ounce, which means that even if silver is collected from the Republic of China and resold to the United States, the profit is doubled, and this is the result of the sharp price reduction of silver.

The price of silver in the United States last year was still one dollar per ounce. In other words, collecting silver from the Republic of China and selling it to the United States was a full [-] times the profit.

Why is the price of silver so low in the Republic of China?Isn't the silver dollar their currency?
The doubt lasted only for a short time, and he quickly figured out what happened...Silver dollars are the currency of the Republic of China, so the demand for silver dollars in the Republic of China must be huge, since the Republic of China did not have a large amount of silver when the United States appeared There is currency scarcity and even currency depreciation, which means that the Republic of China is over-issuing currency.

And now at least more than 100 million tons of silver circulating in the United States is actually the super-issued currency of the Republic of China?

······
Frontier Base.

Today is a happy day. A border bank officially opened today, and the paper currency issued by the border itself will replace silver dollars as the official currency from today.

The currency issued by the bank requires the guarantee of real gold and silver, and while the silver flood has not yet broken out, the currency is reversed. For this reason, after Luo Yun provided [-] tons of gold, the currency of the border area was issued, with a total amount of [-] tons The value of gold.

With real gold as collateral, the reputation of the currency is also guaranteed, and the silver dollar will gradually fall out from then on.In order to ensure a stable balance, silver dollars can still be used to buy food, while other materials need to be purchased with border currency.

Anyway, there is a lot of food!
(End of this chapter)