Chapter 66: The Silver War (3)

On the banks of the River Thames, the huge and majestic capital of the United Kingdom is located, enjoying its exalted status and reputation as the financial center of Shijie for hundreds of years in modern times.

However, since the First World War, London's position as the financial boss has been challenged and replaced by Wall Street in New York. With the outbreak of the Shijie economic crisis in 1929, the throne of Shijie's first financial center was replaced by the newly rising Tang Empire, whose capital Chang'an, became the world's financial center, and New York was forced to relegate to Shijie second, while London fell to Shijie third.

Despite this, the British are still confident in London, believing that sooner or later London will regain its reputation and status as the No. 1 financial centre in Shijie.

Early in the morning, the city of London came back to life, and like people in other cities in Shijie, the British here had to get up early to look for work, after an economic crisis left millions of people unemployed in the UK, and London's status as a financial center was even worse.

Although the governments of Britain, the United States and the Tang Dynasty formed the G3 Group of Shijie New Order in the financial field, it was the Tang Empire that really held the gold reserves, and both Americans and British had an unpleasant feeling of being strangled by their necks.

In order to offset the sense of oppression caused by the Tang Empire to the United States, the Hoover administration chose to restore the mixed gold and silver standard, and the United States purchased the world's raw silver on a large scale, which was nothing more than to get rid of the dependence on the gold reserves of the Tang Empire.

But for Britain, the MacDonald government is very careful, Britain does not have the same huge economic heritage as the United States, but it does not dare to buy global silver on a large scale like Hoover. But. The Hoover administration's large-scale purchase of silver around the world, driving up the price of silver, brought great benefits to the MacDonald administration.

Countries with silver as their main currency have been hit. In particular, China and Mexico, the latter are so close to the United States that the Mexican government has succumbed to the coercion of the United States, and the newly reformed peso is directly pegged to the dollar and joined the dollar system.

China, on the other hand, was very complicated, with the government, local tyrants, warlords, Japanese-occupied areas, and red-occupied areas each having their own set of decrees, making the Nationalist government's ban on silver a dead letter. In just six months, 650 million silver dollars in circulation flowed out of China, causing the Nationalist government's finances to collapse. The other side. The outflow of silver from China has increased purchasing power, and a large number of cheap foreign goods have poured into China, causing the bankruptcy of tens of thousands of large and small factories in China in less than half a year, and the huge population and consumer goods market have made all countries blush. The Americans would have liked to include China's silver dollar in the dollar system. However, the Japanese resolutely opposed it and obstructed it, so the British, as peacemakers, intervened and planned to get a piece of the pie.

Three days ago, the MacDonald government had reached an agreement with Chiang Chung-cheng's Nationalist government, under which the Nationalist government would hand over 180 million ounces of domestic raw silver reserves to the Bank of England at international prices, and the British government would buy them at a price of 19p per ounce and convert them into pounds sterling as the Nationalist government's legal tender reserves to support the Nationalist government's monetary reform.

Haven't waited for the agreement to be implemented. The MacDonald government made the news public in order to boost the morale of the British. Add some momentum to the sluggish economy. However, just when the British thought that the inclusion of Chinese fiat currency in the pound sterling system could make a big fortune, the Hoover administration was red-eyed, and the Americans were not willing to let the British eat this piece of fat in China, and immediately announced that they would stop buying silver, with the obvious intention of making the British ugly.

Prior to the Hoover administration's announcement, the British had made a fortune in the international exchange of silver, except for 1 from the Chinese government. In addition to 800 million ounces of raw silver, it is also a large-scale international purchase of raw silver, ready to take advantage of the high price to sell to the US government, from which to obtain a huge profit from the price difference.

British banks and financiers, encouraged by the Macdonald government, bought more than 2 billion ounces of raw silver, which suddenly raised the price of silver to 36.25p an ounce, an 81% increase in the price of silver in a year. During the same period, the silver price in New York also rose from 45.4 cents per ounce to 81 cents per ounce, an increase of about 78%, and the profit from the spread was still profitable.

Of course, at the beginning, the major British banks and financiers did not dare to buy silver on a large scale, after all, their leader Ross family has been hit hard, and the leader of the international financial predators has become Zhang Meng, Zhang Meng's actions of the Tang Bank are the focus of attention of all parties, Zhang Meng does not move, and other small crocodiles naturally do not dare to move.

However, they soon discovered that the Mira family began to buy silver on a large scale, and people in the industry knew about Mira's relationship with Zhang Meng, so they followed suit, and then began to buy silver on a large scale. At the same time, the price of silver is soaring in financial markets around the world, and financiers around the world are speculating on silver, buying silver on a large scale and hoarding it to sell for a good price.

However, what they never expected was that Zhang Meng was extremely cunning, and this time he simply used Mira as a bait and deliberately let the international financial predators take the bait.

When everyone was eating raw silver on a large scale, Zhang Meng secretly ordered the shadow banks and Shengyin exchange companies under Datang Bank to start secretly selling silver.

From the day when Britain, the United States and Tang signed the gold reserve agreement, Zhang Meng secretly ordered Datang Bank to start hoarding the world's raw silver, and the price of silver at that time was very low, with a ratio as low as 1:38 to gold. The price of raw silver is only 31.5 cents per ounce, and most of the more than 10 billion ounces of silver in Datang's reserves have been sold at a high price of about 80.5 cents per ounce, with a profit of 49 cents per ounce and a profit of $5 billion for Datang Bank.

Originally, Mira deliberately guided everyone to buy silver as bait, but when Datang Bank threw out all the silver in his hand, Zhang Meng also quietly resold the raw silver purchased by Mira, and in this way, Mila also made hundreds of millions of dollars, so she was naturally very happy.

The city of London, the heart of central London, still had to be allowed to enter the city by the Queen.

The City of London area has been a centre of economic activity since Roman times and has an unshakable power. Therefore, it was only natural that King William, who had come to England from France, considered giving the city of London a privilege and co-opting it as his own. Here is the cash box of national politics. The city of London will give much assistance to the king's lords, nobles, Shili. It also largely determines national policy.

The City of London's Financial Street, once the world's number one gold trading centre, is now restricting gold outflows as countries restrict. Gold trading is becoming less and less, and silver trading has to be used to prop up the scene.

The trading hall was crowded with nearly 10,000 merchants from all over Shijie, all of whom came to trade silver.

Pete has been here for many years as a futures dealer, and he is old and sophisticated, with a unique vision, and he knows the predators who are not in the industry.

"Mr. Howard. How much raw silver are you going to buy today? ”

Howard is a big customer of Pitt, and in recent days he has bought hundreds of millions of ounces of silver futures from Pitt, and he has made a big deal.

Howard laughs: "The price of silver has been climbing. Prices are still a bit low in London, and 81 cents an ounce in New York. ”

"I've already made six million pounds this week, and I'm in a good mood today to buy another eight million pounds."

"It's a big deal!" Pete smiled. Hurry up and go through the relevant futures procedures for Howard.

This futures is gambling. Some people buy up and some people sell short, and Pete's role is equivalent to that of a banker, offering different profit returns. Now that the price of silver has been climbing, he has lowered his buying profits.

"I can't see the price of short-selling silver lately!"

"The price of silver in the whole shijie is soaring, and fools will not come over to short sell at this time."

At this moment, a pair of young people suddenly came to the counter, and Pete looked up to see that it was a pair of Asian, handsome men. Female intelligence.

Before, Pete wouldn't have looked at Asians squarely. Even if the Japanese have a relatively high status, the Japanese have no money, so they are not welcomed here.

But now it's different, with the strong rise of the Tang Empire, there are more Asians from the Tang Empire among the white shijie. These people are all wealthy and real tyrants, who are generous and have not simple backgrounds.

"The two of you are Tang?"

A pair of young people named Liu Bin and Li Yun came to London by special plane from Shanghai, just in time to make a big deal on the trading day.

"That's right, we are from the Tang Empire!"

Liu Bin and Li Yun were quite proud when they said their motherland, and they had never had enough confidence, if it was a few years ago, they would never dare to say it, and even pretend to be Japanese, because once they say that they are from China, they will inevitably be looked down upon, and even driven out.

"Sure enough, it's a distinguished customer, may I ask you what business you handle, I am the best business master here, and I will serve you wholeheartedly."

Pete looked flattering, and when he heard that the two were from the Tang Empire, his eyes immediately lit up, and he tried his best to keep these two guests.

"We're going to sell a batch of raw silver, I don't know if you can eat it here."

"Don't worry, you can eat as much as you want!"

"100 million ounces must be sold today, can you do it?"

100 million ounces?

The white people around him suddenly looked at him in surprise, and Howard next to him looked even more stunned, he looked down on Asians, and now he couldn't help but pay attention to the fact that two ordinary young people from the Tang Dynasty actually had 100 million ounces of silver.

Pete was so happy, as expected, the Tang people were all big tyrants, and the shot was 100 million ounces of silver, and he was worried about the lack of raw silver in his hand.

"No problem! As long as the formalities are complete, priority will be given to two distinguished guests. ”

Liu Bin immediately took out the Bank of England's bank exchange cashier's note and handed it to Pete, who immediately went through the formalities after checking that it was correct.

At this time, Li Yun suddenly said: "I want to short sell raw silver futures with you, I don't know if it is feasible for you here?" ”

Pete was stunned for a moment, and then smiled: "Of course it's no problem, I don't know how much this beautiful young lady plans to short?" ”

Liu Bin suddenly pulled Li Yun and whispered, "Let's just complete the task, don't do too much." ”

Li Yun said: "I just joined the company, how can I be valued by the top management if I don't make great contributions, don't worry, I won't come nonsense." ”

Liu Bin is more conservative, Li Yun is very ambitious, Liu Bin persuaded Li Yun for a long time, but had to agree.

Although Li Yun is ambitious, she is extremely shrewd, naturally she will not be brutal, she can feel that the silver price has reached the highest point, so she dares to short the silver price, as long as she makes a lot of money for the company, Li Yun's position is really stable, she doesn't want to be said to be through Liu Bin to go through the back door.

Li Yun shorted the price of raw silver on a large scale, and Pete was naturally happy, because he didn't think that the price of silver would fall in a short time, so the larger Li Yun's short selling, the more money Pete would make.

Looking at the backs of Liu Bin and Li Yun leaving, Pete smiled proudly, while Howard next to him snorted coldly: "A pair of stupid birds, at first glance, they are the second ancestor, tomorrow they will vomit blood when they see the price of silver continue to soar." ”

Pete was thoughtful, but didn't pay much attention to it. Soon Howard and some white men continued to buy silver, just enough to raise 100 million ounces, and everyone was gearing up to make a fortune tomorrow.

However, when Howard arrives happily a few days later, he finds Pete dead, with a sad expression on his father's face.

"The price of silver has plummeted!"

"What? How can it be? ”

"The Americans have stopped buying raw silver, and everyone is selling it."

"And how much is silver now?"

"30.2 cents per ounce."

After Pete finished speaking, he sat down weakly, his face was pale, and he couldn't help but buy a large sum, and his life savings were put into it.

Howard was so angry that he vomited blood, if he had taken it a few days ago, then he would have made millions of pounds, but the people were not enough to swallow the elephant, not only did he not make money, but he invested millions of pounds, which was a loan shark he borrowed.

"It's over, Lao Tzu will either jump off the building by himself or be hacked to death by the club."

At this time, Liu Bin and Li Yun came over again, and they rushed over as soon as they heard the news of the collapse in silver prices.

Pete glared at Li Yun with envy and hatred, and reluctantly went through the procedures for her, Li Yun had made millions of pounds from short selling before, she was extremely shrewd, and knew that the futures company was expected to go bankrupt soon, so she completed the procedures early and withdrew the money.

Looking at the backs of Liu Bin and Li Yun happily leaving, Pete and Howard glanced at each other, and they both saw the envy, jealousy and hatred in each other's eyes.

Poof!

The two thumped their chests and spurted blood again.

After a while, a large group of people came running, all of whom were customers who had previously handled business through Pete's hands.

However, by the time Pitt handled it for them, his futures company declared bankruptcy and closed its doors.

Puff puff!

The crowd in the hall was so angry that they vomited blood, and ghosts cried wolf.

In the British Prime Minister's Office in Downing Street, MacDonald's expression was extremely dull when he learned that the Hoover administration had stopped buying silver and that the price of silver in London had plummeted.

"Hoover, you bastard!"

Poof!

MacDonald was so angry that he vomited three liters of blood, and he didn't take a breath, and he fainted on the ground.

At the same time, the price of silver in all major financial trading centers in Shijie is plummeting, and all the financiers who buy and hoard silver are dumbfounded, jumping off the building, and absconding submarines. (To be continued......)