Blackstone Code Chapter 1138: A crisis that no one thought of
"The leaders of twenty countries and regions gathered here to form the Silver Alliance, starting from this day..."
The news reported on television has left many people with an inexplicable unease that does not stem from the rise of silver and the decline of gold.
The change of precious metals is not a long process in history.
Humans don't occupy too much space in the history of world time, but in these small spaces, there have been more than ten kinds of precious metals.
Silver has replaced gold, and like every revolution before it, it's not disconcerting.
What's really disturbing is a document read out by a reporter on TV. The Silver Alliance seems to be planning to launch a new "silver coin" as a currency based on their original currency.
That's the real disturbing thing.
Galil's sudden death Not long ago, people seem to vaguely remember that it didn't take long for those banknotes to go from skyrocketing to suddenly worth their scrap market price.
If silver currency is born, it will have a huge impact on the international market, and it will also have a terrible impact on international settlements.
Because within these 20 countries and regions, whether you are a Gefra or a Commonwealth, whether you are strong or not, you must abide by the financial rules set by the Silver Alliance.
Maybe a policy can make you one of the richest people in the world, and it can also make your ten years of hard work a thing of the past because of a policy!
Those who do business with these countries must hold silver currency, which also means it will have a wider role-
Existing currencies are actually one-to-one, such as the federal sol, no matter how many outside countries have reserved the federal sol as reserve foreign exchange.
In a separate isolated trade, it is a one-to-one matter to settle with or without federation sol.
But silver currency will break this rule, because people will find that as long as they hold silver currency, they can initiate trade and settle accounts with twenty countries and regions on the basis of stable exchange rates!
Its convenience will affect more people even more. For example, both A and B are doing business with the Silver Alliance, and even the object of their trade does not need to be an independent country or region.
But because of the versatility of silver currency, they may also use silver currency for settlement in the process of trade.
Especially the cooperation between exporting and importing countries will be promoted further because of the wider applicability of silver currency!
A sells goods for export to countries of the Silver Alliance and gets silver currency.
While B needs to import and buy goods from the Silver Alliance to the Silver Alliance, it also needs to export goods to A, so that the silver currency in A's hand can flow into the hands of B and flow back to the Silver Alliance, becoming a cycle .
As more and more people join the alliance, eventually the influence of the Silver Alliance and Silver Currency will surpass everything!
That's why people are upset, even though most people don't know it, they just instinctively think it's not a **** good thing, they don't necessarily know what's the problem, but they feel that way .
The birth of the Silver Alliance directly caused gold to plummet. The exchange has a particularly sensitive sense of the world financial order. A large amount of gold was sold, and silver also began a new round of gains.
"Mr. Lynch... Recently, some customers have been asking if we can handle silver." Rhyme stood in front of Lynch leaning on his jeweled walking stick, with a tentative expression on his face.
Many investors in funds and companies are very interested in silver, which is very hot now, but Lynch faintly revealed that this thing is not so reliable last time, and Lime has never dared to do it.
I can't bear the fact that there are too many people who can't see the future clearly. There are so many people complaining about his inaction at the board of directors. Now that he has met Lynch, he wants to discuss it with Lynch.
Lynch ignored him, and he didn't care, he just stood aside and shouted.
During the period, Lime's secretary came in to deliver coffee, and she looked at Lime with some reluctance.
Lyme's left leg was knocked off, and he was permanently lame because he missed the best time for treatment.
And standing for too long will cause pain where he was once broken, and it will hurt more and more.
At this time, Lime had begun to secrete a fine layer of sweat on his forehead, and Lynch still did not let him sit down or talk to him.
He just stood there, with his hands firmly propped up on the crutches, and stood, waiting for Lynch.
Lynch didn't breathe a sigh of relief until coverage of the Silver Alliance was complete.
He pulled out a cigarette and seemed to have found an opportunity to walk around. Rhyme limped over quickly and pulled out a lighter for Lynch to light.
Lynch looked at him, "You know, sometimes I'm thinking, you've seen the darkest Bupen and you've seen the most beautiful Bupen on the roof, why are you so stupid ?"
Rhyme is a little confused, he appears to be honestly educated, "I don't quite understand, Mr. Lynch."
Lynch shook his head, "You don't have the right mindset, so you don't understand."
"A question, which is more valuable, an ordinary stone or a piece of gold?"
Rhyme hesitated, "It must be gold that is worth more."
Lynch nodded and asked again, "Suppose this gold is worth 10,000 yuan, and someone is willing to buy it for 20,000 yuan, which do you think is more valuable?"
Lyme was a little confused, he thought for a while, and asked softly in a tentative way, "Is it worth more stone?"
Lynch didn't give him the answer, "Now someone wants to buy this stone for 30,000 yuan, who do you think is more valuable?"
Lime's attitude is not as careful as before, "It should be the stone that is more valuable."
Lynch asked roughly the same question again, "If someone else is willing to pay 50,000 for the stone in your hand, which one do you think is more valuable?"
"Stone!" This time his answer was quick and decisive.
Lynch shook his head, "You are wrong, gold is more valuable."
"We should not be distracted by the capital means of talking about the value of a thing, a stone is a stone, and it will never be more valuable than gold, unless the yield of such stone is even rarer than gold, and It has collectible value."
"Otherwise, no matter how much it's worth, it's inherently less rich than gold."
He pointed at Lime with his cigarette tucked in his finger, "Capital turns finance into a fraud, we all know that the price of silver is less than one-tenth of the price of gold, but now silver is close to the price of gold Half of the highest period."
"Do you think this is normal market behavior?"
Rhyme shook his head, "I know someone's making silver, Charlie."
"You've fired an item that's only worth one or two dollars to a dozen dollars, and it's already passed its initial profiteering period, you understand?"
"If another customer asks these stupid questions, you sign an agreement with them and they take full responsibility for their choices."
While Lynch was ostensibly blaming those clients, he was actually speaking to Rhyme.
Institutions like foundations can get 10 or even 20 times the allocation of funds in the bank, which means that even 1% profit is 10%, 10% for them Twenty profit fluctuations.
Everyone thinks silver is more than 20 bucks, with about 15% room to go up.
By leveraging capital, ten times is 150% profit, and 20 times is 300% profit.
300% profit, which is enough for people to smash their own sanity and dive right in.
Lym is also jealous of this huge dividend, but only on the issue of silver and gold, Lynch did not allow him to operate, and he did not dare to disobey Lynch's orders.
In fact, the foundation is also making money, and it makes a lot of money. After Lynch gave Lime the order, the foundation began to short gold.
Up to now, the revenue on the surface has exceeded 13%, and the investment has achieved a rate of return of almost 50%.
The reason why the proportion of allocating funds is so low is because the foundation is also responsible for the investment of customers. These funds are not their own, and they need to control the safety of funds within a reasonable range.
Sometimes when investing in such foundations, some agreements are signed, which include clauses regarding the security of funds.
Breach of these terms can lead to serious lawsuits and even staggering reparations, so not every foundation dares to mess around.
This is a formal financial fund, so naturally it won't mess up.
The money that belongs to the fund itself, they can come as they please, and they themselves are responsible.
If Rhyme messes up, the Foundation will be investigated, of course.
It needs to be explained here, if you don't use allotment, suppose you buy a lot of a commodity for ten dollars, even if the price plummets, only one dollar is left, but at least the funds are "safe" because it exists. .
But if the capital is allocated, for example, the allocation is increased by 10 yuan, it is 20 yuan to buy two lots.
In order to ensure the safety of their own funds and legal income, the fund allocation institutions will formulate a safety mechanism in conjunction with the exchange, that is, forced liquidation.
When the price of this item is less than six dollars, it will start preparing to close ~IndoMTL.com~ and sell it at a suitable price.
And this often means that investors have no money left!
Without the funds, it is naturally unsafe.
Many people who play stocks and speculate in futures can go bankrupt because they not only borrowed money, but also allocated capital!
All Lynch has to do is warn Rhyme not to mess around.
Just as they were about to say something, the phone on the table rang, and both of them looked at the phone at the same time. At the same time, Lime's secretary knocked on the door and stuck his head in, "The phone It's for Mr. Lynch."
Lynch looked at Rhyme, who took the initiative to leave his office...
When Lynch answered the phone, Mr. Trueman's voice rang inside, "Our car is downstairs. There is an emergency meeting at the Presidential Palace that needs you to attend. It is waiting for you."
"This time you're an 'economic expert'!"
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