Chapter 253: Another Crisis

The European market also opened higher, opening at $2.50 and quickly touching the $2.60 level. Pen, fun, pavilion www. biquge。 info

In the European market, William has been patiently waiting, and now the opportunity has come.

Feng Tian's instruction to William is to sell at about $2.50, and if it is higher than this price, it must be resolutely shipped.

The Rothschilds clearly sensed that there were investors selling, and although the volume was small, the target price was in line with the Rothschilds.

Indeed, Fengtian only wanted to make a difference, and the capital invested was not much.

When the last wave of silver fell rapidly, William patiently absorbed it at a low price, based on the principle of not being exposed, there was no limit to how much he could collect, and the cost of a little more than a dollar was already very profitable, so there was no need to be too greedy.

This is also the benefit of being cautious, if you are too greedy, it is impossible for large funds to go in and out without being discovered by the old capital Rothschilds.

The two main forces in the European market are shipping, which has caused the price to rise weakly, forming a trend of high and low, closing at $2.41 throughout the day, becoming the first negative line of this wave of rise.

Fengtian, who is not deeply involved, clears the goods in his hand, and no longer cares about the future, so let them toss it.

The Rothschilds are different, since they want to do it, they must make a big one, and this kind of thing is not suitable for them.

The number of chips they have absorbed is huge, and the participants in the European market have made too much profit in the early stage, most of them have already taken profits and have withdrawn from the silver market, and few big capital participated in this speculation.

This has caused a lack of big capital in Europe to take over in this wave of market, so only American capital is left to be able to use the Rothschild family's bargaining chips.

Sure enough, the North American market still opened high, opening at $2.49, which was the result of a contest between the two sides.

The Rothschilds are very resolute in their shipments, and around $2.50 is their shipping target.

However, American capital wanted to push the price above $3, and the contest between the two sides soon became white-hot.

It is clear that US capital is facing a strong resistance.

U.S. capital is a loose consortium, and the major funds have their own calculations in mind, and now there is strong resistance in the market, which makes some of them weigh the pros and cons in their hearts.

A huge amount of money has been trapped above three dollars, and if the capital invested this time is too large, the loss of $2.50 will be too great, which makes them have to be cautious.

One side is the concentration of power, and the other side is each with its own ghosts, and this contest has been foreshadowed from the beginning.

Trading across the North American market fluctuated at high levels throughout the day, fluctuating around $2.50, with a high of $2.86 and a low of $2.41.

The Rothschilds were very excited about the strong takeover force, and from one dollar to $2.50, they made huge profits, and after making up for the losses of the previous wave, they made a large profit.

This day's trading released a huge amount, American investors bought in a big way, and the Rothschilds shipped frantically, the two major forces competed, and the fight was quite fierce. This is because, near the end of the market, the Rothschilds struck hard and pulled down the price of silver.

This change has made American investors very frustrated, and all the goods bought in the day's trading have been trapped.

The battlefield shifted to the European market, and silver opened at $2.32, which turned out to be a low opening!

The Rothschilds are ruthless, he wants to trap American capital in its entirety.

This is the tactic of the Rothschilds, who know that the Americans must want to turn the tables, then they must increase their funds and push the price up.

The Rothschilds are not worried, their costs are low, even if they hit under two dollars, they are profitable, what is there to worry about?

The European market, home of the Rothschild family, fluctuated lower and closed at $2.18, another black candle.

Of course, the Rothschilds didn't want the price of silver to fall too quickly, in which case the profit margin would be reduced.

In the next North American market transactions, American capital will inevitably counterattack, which falls into the trap of the Rothschilds, and it is convenient to dump the silver in their hands to American investors.

When the goal has been achieved, all that remains is to smash the market and completely trap American investors.

Indeed, the confrontation in the North American market was quite fierce, the Rothschilds threw all their strength into the release, and American capital stubbornly resisted. However, the price of silver has never been able to break through, and is even going down.

American capital has begun to diverge, including the Silver Group.

They didn't dare to throw any more money into it, and they had a premonition that something was wrong.

Sure enough, silver settled at $2.08, down another $0.10.

It was originally well planned, but it turned out to be this way, which made American investors a little crazy.

The upper trap has not been untied, and now it continues to increase, making it even worse.

The Rothschilds are not in a hurry, they control the slow decline of the market, and it will fall by 0,1 to 0.3 dollars per day, and as long as American capital takes over, they will sell out.

However, the capitalist complex in the United States continued to divide and disintegrate, and some people finally gave up resistance.

They have figured out that the predators lurking in the market are prepared, and if they continue to resist, they can only expand their losses.

The market is relentless, leaving only the cheers of the victors and the tears of the losers.

By the end of May, the price of silver had fallen to around $1.5, and American investors were depleted of money and buying was sluggish, while the Rothschilds sold most of the silver at a good profit.

At this point, the contest between the two sides came to an end, and the silver market finally stabilized.

However, the Americans did not accept this price, and the vast majority of American capital was cut in half.

President Roosevelt was under unprecedented pressure to raise the purchase price once again, and the ideal purchase price was more than three dollars, according to the wishes of big capital.

However, this is not possible.

Even though the U.S. government has preliminarily determined the purchase price of silver, the purchase price of $1.99 has not been agreed with the relevant parties, and the other party does not recognize this price, which is too high.

According to the requirements of the parties to the agreement, the price of silver cannot exceed $1.30 at a maximum of $1.30.

The two sides bargained, and the gap was really far apart.

At this time, President Roosevelt was like a rat in a bellows, pressed at both ends, and in a very bad situation.

Roosevelt, who had no choice but to take a risk, announced the Silver Act.

Of course, there are important differences between this bill and the historical versions.

The biggest difference is in the price, which was $1.99 for silver.

In other words, the current market price is lower than the price set by the government, and the U.S. government has to pay for it.

The silver market reacted very quickly, opening straight to the bid price of $1.99 and fluctuating up and down from there.

In fact, the U.S. government had no money, and Roosevelt was just putting on a show to raise the price in order to reduce the loss of American capital.

On the other hand, the collaborators did not approve of such a high purchase price, and the two sides eventually collapsed.

The party who paid the money repented, and naturally there was no one who paid the bill.

Well, all that remains is for the government to buy out of its own pocket.

Participants in the silver market are observing, yes, the US government does buy a certain amount of silver in the market, but the willingness to buy it is insufficient, in other words, there is not enough money.

The U.S. government was willing to pay for it, and the Rothschilds were happy to sell them silver.

It doesn't matter if you don't have a lot of money, anyway, your U.S. government wants to buy silver, take your time. Despite the many restrictions imposed by the U.S. government on the silver market, which is not difficult for the Rothschilds, with the European market regulated, everything is not a problem.

The Rothschilds have always kept the price of silver slightly lower, and it is not cost-effective to fall too much, and the rise is too much, and the US government just does not have to pay for it.

It's really terrible now, the price of silver meets the purchase conditions, and it's not okay if you don't buy it, but you don't have much money in your hand.

Roosevelt really didn't expect things to turn out like this, and now it's hard to ride a tiger, and things are not easy to do. The price of silver cannot be improved, and the big capital in the United States is not satisfied, and it is indeed difficult to invest more money.

The price of silver hovered around the purchase price for some time, and the Rothschilds sensed that the U.S. government did not want to buy large sums.

Hmph, then I'll force you again.

The Rothschilds kept the price of silver below $1.90, well below the purchase price.

Americans were really forced into a corner and bought hard, but they still couldn't stop the fall in the price of silver.

Silver prices have been falling slightly, testing the credibility of the U.S. government.

Roosevelt was furious, but he couldn't solve the problem.

Even, Roosevelt wanted to close silver trading on the exchange.

However, this will not work, without the trading of silver, how can the money trapped by the big American capital be cashed out?

Historically, the U.S. government had an agreement with the Federal Reserve, and in fact the Fed paid for it, and the U.S. bought the silver dollar and returned it to the Fed.

Now that the Silver Act is like this, the so-called Federal Reserve probably won't exist.

Everyone is here for profit, and now the situation is clear, messed up.

And President Roosevelt did not have the cooperation of the Federal Reserve, so he had no funds, and he scraped together some money, and put it into the market without even making a splash, and the price of silver was still slowly falling.

The credibility of the U.S. government has been greatly tested.

The matter is not over, affected by the silver turmoil, the wave of bankruptcies of domestic companies in the United States is becoming more and more fierce, the unemployment rate has reached a new high, causing social unrest, and the powerful United States has now become more and more stormy, like a broken ship struggling in a storm, which may sink at any time.

The United States is experiencing another major crisis in its history。。。。。。 (To be continued.) )