Game of Thrones: I'm flying a dragon on your face, how do you respond?
Chapter 33 Financial Speculation (Part 3)
Under normal circumstances, it is basically impossible for them to mint coins with the gold and silver bars they looted. They don't have the technology or the channels, and the unusable gold and silver bars are no different from bricks.
But what they need to share with their pirates is the real gold dragons and silver deer, of course, these small leaders also have to go through a process.
The demand is huge, but the supply side gap is huge. Through supply-side reform, there is arbitrage space!
Jaehaerys's idea is very simple. Since they have the need to exchange gold dragons, and I happen to be able to exchange them for them, why not kick out the middlemen and make the difference myself?
"We can use gold dragons to buy the gold and silver in your hands. What do you think?"
"How is the price calculated?"
"1.2 gold dragons for 1 pound of gold bars! What I want is pure gold. Those with insufficient purity must be converted!"
Half-face and his men whispered for a while, this deal can be done! In the past, at most, one pound of pure gold was exchanged for one gold dragon, which was basically the market price.
Dragonstone Island took the initiative to raise the price by 20%, which is considered to be a violation of the industry rules, but what does this have to do with us?
Wouldn't it be nice if we took this 20% for free? But how can we do business without bargaining?
"Too little, at least 1.5!"
"Half-face, you should say you have no face, the price we gave is already very high! Don't forget that there are many people in the Stone Archipelago who want to do this deal with us besides you!"
"This..."
"Also, if you agree, you can become our exclusive strategic partner in the waters of the Stone Archipelago now. Why can't you buy gold from others?" Sir Tretimon smiled like a fox!
"Yes! Boss, we can find other people to buy it. We don't have to give them 1.2 gold dragons. Give them 1.1 or even 1.05 gold dragons, and they will come running over!" The subordinates were anxious. This business was hard to come by!
If Half-face dared not agree, his subordinates would throw him into the sea to feed the fish!
Even though Banbianmian was the leader, he did not dare to offend the public, so he agreed immediately.
This was Cui Dimon's suggestion. Since both parties were trading for the first time and had not established enough trust, they would trade 10,000 gold dragons first! Later, when the cooperative relationship was close, the scale of the transaction would be expanded.
The pirates felt very considerate instantly. They did not expect that the "sea stranger" Sir Cui Dimon would be so considerate. They really misunderstood him before!
They immediately sent people back to their nest and moved out the gold accumulated for many years. It was all pure gold with impeccable quality!
Both parties were very satisfied. Cui Dimon successfully obtained more than 8,300 pounds of gold, and the pirates finally had money to pay the capture fee! And this is just the beginning. As long as they can continue to acquire gold from other pirates, this business will become more and more profitable!
And Dragonstone Island made more money. The more than 8,000 pounds of gold alone were enough to make 24,000 gold dragons. Excluding the fleet mission expenses and fire consumption, it made a profit of 130% with tears!
In fact, it looks simple, but it is not difficult to operate!
Thanks to the gold standard and the coinage right in this world, the Iron Throne has taken over. Otherwise, anyone can cast the gold in their hands into gold coins at any time.
In that case, Jaehaerys would have no arbitrage space, but how to say it, the person who formulated this policy was the Iron Throne. The ancestors certainly did not expect that one day the descendants would be driven out of King's Landing. While they tried their best to protect their own interests, they accidentally solved a big trouble for Jaehaerys!
The current Iron Throne will certainly not sit idly by. For the huge amount of coinage tax, they will definitely find ways to stop it, and the method is also very simple.
Speed up the casting of Robert I's gold coins, gradually replace the old king's gold coins, and then prohibit the circulation of the old coins through laws.
As mentioned before, this takes time!
The old king Aerys II has been in power for more than 20 years, and the gold coins he has cast are tens of millions. It is impossible to recast them all in a short time!
In fact, there is another way, that is to control the raw materials of the gold mines in the West so that none of them will flow overseas, and then rush to buy the gold from the pirates with Dragonstone.
But unfortunately, they have no ships!
If they had ships, wouldn't it be more effective to destroy Dragonstone once and for all?
So, Jaehaerys's move was a clear plan! Robert and his ministers in the Royal Council knew about it, but there was nothing they could do. They had to follow his ideas.
After Sir Tretimont and the pirates agreed on the time and place of the next transaction, they returned to Dragonstone with satisfaction.
When the two squadrons returned to Dragonstone one after another, Jaehaerys suddenly realized that with the gold looted from White Harbor, they were able to melt 50,000 gold dragons, far exceeding expectations.
There were 10,000 pounds of gold in White Harbor alone! It sounds like a lot, but it's actually a lot!
Of course, gold has a high density, and the volume of 1 ton of gold is about the size of a desktop computer host. A larger suitcase at home can hold 2 tons of gold.
And 18,000 pounds is a little over 8 tons, equivalent to 4 large suitcases...
The costume drama is really unbelievable. Two strong men can easily lift a large box of gold. It's outrageous! It's like Xiang Yu per capita!
"This efficiency is still too slow!" Jaehaerys instructed that the construction progress of the Royal Mint on Dragonstone must be accelerated, especially in view of the shortage of construction workers. He ordered the recruitment of fishermen and farmers, and offered the workers a high price of 1 silver deer per day, daily payment!
As a result, more than 1,000 strong men were recruited within one day! Of course, building a factory does not rely on a large number of people. Under the selection of the coinsmiths in White Harbor, a part of qualified personnel was quickly selected.
Others did not disband on the spot. They were willing to come. In addition to money, they still believed in the Targaryen family!
We can't let this group of people lose heart!
So under Jaehaerys's explanation, others dug pits on the rocky beach south of Dragonstone. Of course, the wages were definitely not that high, but it was definitely a conscience price!
He wanted to build an unprecedented murex breeding base here!
When he was in King's Landing, he used the only yellow Taoist fruit so far to eat a murex breeding and parotid gland fluid extraction technology. When he heard that Braavos merchants loved to extract a natural purple dye from a sea snail, he immediately remembered it.
This sea snail should be a murex, but in the Valyrian language of Braavos, animals with shells and soft feet are called snails.
He had been trying out with fishermen for the past six months, and finally found several suitable types of murex, one is the spiny murex, one is called the mermaid comb, and the other is called the storm hammer.
These types of murex are the most valuable for breeding, they are not picky about food, they grow fast when they eat more, they are big, and they produce a lot of parotid fluid! And the meat is delicious!
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