Extraordinary Sailing

Chapter 830: Big Crash

"Ladies and gentlemen! After our public opinion offensive in various countries and the continuous fermentation for more than half a year, a large number of foreign investors have already brought a large amount of funds to their positions.

Prices rallied strongly within the day after falling slightly due to tulip bulb deliveries. But as everyone waits for tulips to appreciate further, there are very few bulbs in the market.

I think now is the time to put the futures contracts in our hands on the market, and the first shot of tulip winter trading will be fired by the "Eye of Fortune". "

In the circular conference room, Argo, wearing gold-rimmed glasses, was talking on the podium.

A unique emblem with rulers and golden eyes is hung on the middle wall, obviously this is an internal meeting belonging to the "Eye of Fortune".

"Eye of Fortune" was originally just a secret association composed of big bankers and big capitalists from various countries.

But after gaining power in the Low Countries, they have stepped forward generously, gaining huge economic and political influence.

It has a magnificent headquarters building in Antwerp and also has its own independent armed forces.

Hearing Argo's introduction, combined with his own research on the market conditions, these members of the organization with huge net worths are already a little moved.

They have never thought of harvesting next year's bulbs according to the tulip contract, and none of the big shots here is an idiot, and they all know the truth that the greater the benefit, the greater the risk.

It's just that, driven by profit, everyone wants to sell at the highest position and get the biggest profit.

The current consortium that monopolizes next year's output exists precisely to ensure this.

"Although the prophets and the priests of the Fortune Church have no way to get any useful information from this frenzy.

However, our analysts still make reasonable predictions based on the current supply and demand relationship. The price cannot continue to skyrocket indefinitely, and risks do exist.

The suggested time node is preferably before the spring of next year.

And with this experience, there are still many futures application scenarios, such as cotton, steel, coal, ink tree, indigo, etc., can be applied in this way.

For everyone, this is another broad road to harvest wealth! "

At present, they have clearly realized that futures are not mainly goods, but standardized tradable contracts in the form of mass products or financial assets such as stocks and bonds.

Take the tulip contract as an example. There are no clear rules in the futures market, and there are no specific constraints on both buyers and sellers. The contract is easy to buy and sell, and changes hands several times in a short period of time.

This makes it possible for these big bankers and big capitalists to turn upside down, buy short and sell short, and reap wealth wantonly.

The prospect is infinitely bright!

"Furthermore, a resolution here has been officially passed this morning, and it should have been sent to exchanges in various places by this time. The road for large-scale futures trading has been completely paved!"

Argo took out a document and showed it to the members of the organization, which immediately aroused cheers.

Driven by huge interests, speculation is crazy and irrational.

In order to promote the further and continuous growth of this kind of transactions, the upper council and the government controlled by the "Eye of Wealth" have launched a targeted policy.

As long as speculators are willing to pay an insurance premium of 5% of the government's payment amount, the government is willing to provide guarantees.

When speculators default on the transaction, they will be responsible for taking over the order, adding another fire to the extremely hot tulip transaction.

Their idea is also simple. According to the current price rise, the risk can be hedged in just a few transactions. And in the fiery tulip trade, this is not a high probability event.

The resolution has been reached.

All the members stood up and chanted the motto of "Eyes of Wealth":

"When money stands up to speak, the truth must be silent! The future of the world belongs to the 'eyes of wealth'!"

"The future of the world belongs"

However, at the moment when a torrent of capital is about to sweep out.

Boom—!

The closed door was suddenly pushed open, and Summerfield, the major shareholder of the Tulip Guild, who had been abnormally absorbed into the "Eye of Wealth", rushed in panting.

With a look of fear on his face, he shouted loudly as if asking for help:

"It's bad! Someone in the exchange started selling bulbs today, not just one or two people, but many, many people. The price of tulips... collapsed!"

Even though they are used to seeing big scenes, many people present couldn't help but feel dizzy after a sudden jump in their hearts.

"Oh~ my true God!"

Actually three days ago.

Throughout the territory of the "Low Countries", there are tulip exchanges, taverns, private clubs and other places in many cities where tulip bulbs can be traded.

All had very similar scenes.

Foreign or local speculators will suddenly gather around a person, mysteriously saying:

"Hey! Friends, we have some tulip bulbs in stock, they are all high-quality varieties, are you interested?"

The answer is, of course, without exception.

[Faceless People] carried out Aiwen's plan, quietly entered the village, not shooting guns, did not conduct transactions through guilds, but conducted private delivery with interested buyers.

Compared with futures contracts that require an additional year of "time cost" and various uncertain factors in the middle, buyers are of course more willing to accept tangible spot transactions based on the psychology of "safety in their pockets".

Just like in the early days of the savings business, the old people were willing to believe in passbooks with black and white letters, rather than savings cards with only one number.

The most important thing is that the price of tulips in the trading market has been rising, and it is different every hour when it is updated.

But these sellers are very talkative and give them ample opportunities to raise money. As long as they can complete the delivery on the same day, they will settle at the price when the market opened in the morning.

Therefore, all those who can grab these tulips all lament their luck.

but.

When this situation lasted for three full days, as long as they wanted to buy, the other party could always provide the source of goods, and finally some smart and caring people noticed something was wrong.

Moreover, the scope of selling tulip bulbs is throughout the Low Countries. Although the transaction volume in a single city is not too high, it is enough to shake the soaring price curve when looking at the whole country.

Aiwen just wanted to take advantage of the frenzied market to reap the harvest in the Lowland Republic.

One bite, mouth full of oil!

During this period, the holy angels and goddesses also cast their attention, stirring up the already extremely chaotic spiritual world even more turbulent due to the extensive involvement.

No prophet can use extraordinary means to make accurate predictions about this hugely influential international event, as well as Ivan's sniper action.

On the fourth day, the confidence of some smart people began to waver, and they also started selling after [Faceless Man], which also shocked the "Eyes of Wealth" consortium.

The "Drumming and Passing Flowers Game" was officially launched.

"It's just a flower! How many people are willing to exchange a house, dozens of tons of cheese, and dozens of sheep for it?"

Once reflection begins, it can no longer be stopped.

Previously, in a period of just half a year, the price of tulips was raised nearly seventy times, and tulips reached unprecedented glory.

But the peak period only lasted until the first month of winter.

With the tentative market launch this morning, it took only a short day to panic large-scale selling.

The bubble that got bigger and bigger finally collapsed completely.

"Sell it, sell it, discount it, I only want half of the contract amount!"

"I only want one third!"

"Buy me, buy me!"

The massive selling by speculators plunged the market into an unprecedented state of panic.

The still bright and attractive tulips have become a hot potato, and no one dares to take over. The price of bulbs is also like a boulder rolling down a cliff, plummeting and plummeting.

At this time, the government of the Republic decided to intervene to curb panic selling.

But it was too late, and the collapse of confidence cannot be easily recovered by administrative means.

Then, the unprecedented crash engulfed the country like a landslide.

The tulip market in the "Lowland Republic" has suddenly become a hell of bleak wind and rain, debt duress and debt evasion from a few days ago, where the flowers were blooming and the fire was cooking oil!

Millions of people went bankrupt in an instant.

Many speculators who went bankrupt and borrowed to buy tulips, or used bank leverage to buy tulips, even jumped into the sea like dumplings.

Even big businessmen and large organizations with strong financial resources are caught off guard because of the large number of bulbs hoarded, all of them suffer from fatigue and injury.

In just one week, the entire "Low Country Republic" including several surrounding countries was in a state of mourning.

Ding!

"cheers!"

Ivan and Liwena, who were nested in St. James's Palace and conducted the remote control, lightly touched their wine glasses. The harvest in just a few days almost equaled the GDP of the Principality that year.

The firm heart of an industrialist can't help but feel waves.

I only blame the feeling of wielding a sickle to cut leeks, it is really cool!

However, things did not stop there.

It was at this time.

Seeing that it was already a mess, a large number of innocent "flower farmers" and "planters" quickly united.

Waving the transaction contract signed when the tulip price was high, and a large number of tulip bulbs picked up from anywhere came to Antwerp.

Require the parties and the holders of the current contract - many bank syndicates and investment institutions, that is, the "eyes of wealth" to pay.

In addition to the 20% advance payment that has almost sucked up the working capital of "Eye of Fortune", the remaining 80% of the purchase price needs to be paid as agreed.

And this step is the real lore for Aiwen to point directly at the core!

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