European Financial Emperor

076 People who make money with money (1)

At the end of January, a search team of 20 people dispatched to western North America finally arrived at the destination.

They used a compass and a map to compare their positions over and over again.

Search Captain Luca was convinced that he was on the right track after receiving reports from his men.

“The results of the search for the landmarks are exactly as shown on the map.”

“Okay, you did a good job finding your way.”

“… … Now we can finally go back to camp.”

“Yeah, it was a lot of hard work.”

The climate had not been this cold when we passed through a desolate desert and found a dense forest.

According to the words of the fur traders I met on the way, this is the area where people freeze to death in their sleep if they make a mistake.

As I climbed along the area marked on the map, I was able to understand the words.

When we reached the high-altitude mountain range, the weather was very changeable and if we were bored, it would have snowed and it was impossible for people to stand.

I don’t know how many times I have already gone up and down the mountain like that.

“Now, all we have to do is search the nearby valley.”

“But if you can find gold by searching the valley, there will be thousands of people who come to this area to develop a mine.”

“Did you not hear what the boss said? This is a remote area that even fur traders are reluctant to. It is absurd to think that people come to this unexplored area.”

“but. Even if you’re like me, if you don’t have a clear goal of digging for gold, even if you die and wake up, it seems like you won’t come here.”

This neighborhood was a place where the bad weather continued to the point where even fur traders shook their heads.

Besides, the area is infested with wild beasts ranging from grizzly bears to pumas, so there’s no way humans can survive.

You will now travel down this mountain peak, sweeping through valleys and canyons.

After sleeping here for a day, the crew decided to unwind and go down the valley.

To make a fire, they cleaned the surroundings and scraped off the snow on the floor.

Then I saw the hard but fairly moist ground.

“Let’s start digging where people will lie down.”

“All right.”

After pouring gasoline on the tree and throwing embers on it, a rather warm energy began to circulate everywhere.

Eventually, the crew begins to dig a place for people to rest.

puck! puck! puck!

He picked up the ground with the field shovel he had brought when he left East Stella.

However, there were so many stones in this area that there seemed to be no place for people to rest.

“… … Commander, it’s probably not going to happen. I think we should rest at a lower altitude at least.”

“Damn it. Nothing is easy in this area.”

That was the time when I was just about to give up sleeping.

One crewman said, with his head buried in a pile of stones, as if he had discovered something strange while he was picking a pickaxe.

“Captain, look at this.”

“What is it?”

“Is there something like gold powder attached to the stone?”

“Golden powder attached?”

Indeed, near the site he had dug up with a pickaxe, he could see occasional gold dust attached to the stone.

Luca’s eyes widened, and she peeled off the golden powder from the stone, and bit it with her teeth.

Obviously, the texture was different from sand or black.

“… … This is gold.”

“Didn’t gold just roll around as a whole nugget of gold?”

“Hey, this guy really doesn’t know anything. Originally, gold was sandwiched between minerals like this or mixed with sand.”

“iced coffee! So, is it distributed like this all over the mountain?”

“It is very likely.”

“Did I say this land was all Eaststellar’s property?”

“right.”

“Huh, then… … .”

“It’s worth it!”

It really had to be a hit.

The crew put a few gold-studded stones in their bags and quickly started descending the mountain.

Tiredness was long forgotten.

Wouldn’t they be rich soon?

***

After distributing guns to North America in November, the US and Spain have already begun a fierce battle over Florida.

With close to 30,000 firearms in hand, the United States pushed out the Spanish troops stationed in Florida to expand their territory and drove toward the West Coast with momentum.

In a word, like a fish in water, their eyes were turned over to expand their territory.

“When the US advances to the West Coast, Mexico is also preparing to advance with firearms, saying that it will not stand still.”

“Maybe this is a natural result?”

In order to achieve the task of territorial expansion, the United States was pouring out all of the money it had and didn’t have.

Having given such a means of force to the United States, Spain under the world would also come.

“The Spanish Expeditionary Force is currently in the shape of a little bit over the edge of Florida, and even that seems like it might be out of the way after Mexican immigrants are rushing in like a swarm of bees.”

“Fufu, that’s right.”

“From now on, it’s actually a battle between the US and Mexico, but when they get into a heated battle, it’s a bit difficult to know how to supply bullets.”

“How are you distributing it? forgot? That means you have to pick up the ammunition yourself.”

“… … iced coffee!”

“Even if there is no supply route, they will find it. That’s what war is all about.”

Now, a battle in which bullets were shredded to the extent that the word “bullet fight” was just right was becoming common.

This is because there was no need for a line loom because they fought with a rear-mounted rifle instead of a method of inserting bullets into the muzzle.

Then, there would be a fierce battle through digging trenches, silver, and cover, and the more the deadlock continues, the more money Lee Hwan makes.

Lee Hwan was very much looking forward to the expedition that is not far away.

“I will give you the foundation for road and railroad construction on your own. I have no idea how grateful we are for this.”

“By the way, boss, if Spain is pushed out of Florida like this, our plan to bring the southern oilfields will fail, won’t it? What does America regret to sell to us?”

“Well, you don’t know yet.”

Circumstances can turn around at any time.

Because war is always a fun way to create game-changing points.

Lee Hwan checked how the payment for gun supply was being made.

“When guns were distributed in November, did you get all the money in cash?”

“Yes, it is. I received it in full sovereignty and took it to the North American branch of Eaststellar.”

Until recently, Guinea gold coins were often used for trading in the UK, but not long ago they were replaced by the appearance of the Sovereign, a gold coin worth one pound.

Each gold coin was worth a pound, so I took it all for the price of the gun, so even though the ironclad was full, it wasn’t enough.

A box for holding gold coins and a filler to keep the gold from spoiling were all needed.

There was a reason why Lee Hwan had a hard time pressing the gold coins and carrying them to North America.

It was just to raise money.

From now on, if you could finance the French war with this, the deal would be complete.

“Does the United States also accept British Sovereign gold coins?”

“There are still more Guinea gold coins in circulation, but for now they are accepted.”

“Fufu, that’s right. Then, let’s deliver the Sovereign gold coins piled up in our East Stellar to the French.”

“When is the delivery time?”

“Without waiting for a long time, let’s just deliver it during this expedition to the main unit. Please tell the French government that we are carrying gold coins in secret on this expedition.”

Transporting money is quite risky, so it’s best to do it secretly in some way.

However, for Lee Hwan, it was also a way to maintain relations with the United States.

“America should never know that we gave France gold coins.”

“Are you saying that we should keep this a secret even after death?”

“If possible, let’s do it.”

“I will tell you when I notify the French government of the transfer of funds. If you ask the reason, we will look around at that time.”

“Yes, thank you.”

Lee Hwan is a man of excellence in every way, but that doesn’t mean he has the resources to openly finance the war between the two countries at war.

Of course, even if the US finds out later, the deal will continue.

After all, the war started in America, and they would now be almost impossible to wage war without Yi Hwan’s bullets.

“This is the game from now on. Take a good look at how America’s financial world works. And when the gold coin goes up in value, then the Sovereign gold coin is sold.”

“If the value of gold goes up, the dollar will hit the bottom, so is there any profit we get from selling our gold?”

“I said earlier that the U.S. was selling land was absurd, didn’t I? When the dollar bottoms out, that becomes possible.”

“… … iced coffee!”

“We will adjust the price of bonds to buy them when the US Treasury bottoms out, and use the falling dollar to increase our cash holdings in the US. If that happens, eventually the US will come to you to sell it, even if we don’t offer to buy it.”

War is sometimes the driving force that moves the economy of a country.

This is because the economy is revitalized by resolving overproduction and re-moving blocked funds.

However, the present warfare is different.

Almost all military supplies came from Eaststellar, and while fighting over them, the money was constantly being depleted.

“In the United States, we will decide that we cannot survive without selling our land. We’re going to have a big trade deal with the US in time for that. When we start opening big trade deals like that, we can buy a lot more grain and livestock for the same money.”

“Aha! Despite the growing demand for daily necessities, the currency depreciates, so we can exchange more!”

“That’s it.”

Hopefully, the exchange rate will be good enough to be able to sell grain to places like Mexico without having to build a single farm.

This could be a godsend for Lee Hwan.

However, he has an insight into the world one step ahead, so he puts another number here.

“The gold mines are going to explode in North America. Then, of course, the price of gold will go down. Let’s do some speculation with this.”

“Are you a fighter?”

“We Eaststellar have banks all over Europe, don’t we?”

“Yes, it is. Isn’t that what the boss ordered a few years ago?”

“Tell each bank to record price changes based on branches and send and receive them via telegram. After recording market price fluctuations like that, depending on the range of fluctuations in gold, the payment date is delayed or pulled back to make a profit. Others let the gold grown in the United States pass through financial markets in Europe to earn a capital appreciation.”

Today’s gold price is different in London, different in Amsterdam, and different in Frankfurt.

Just one round of gold brought from the United States for such a market profit will yield at least 5-6% profit.

In a word, it was said that Lee Hwan could become a rich man just by mining gold and circulating it.