Chapter 419, Dumping at Risk

"Alliance leader, we're running out of money." Entesas said eagerly.

Purchasing grain, trona, and animal oil on a large scale, and constantly purchasing Ling Tiancheng's hero drunk, soap, and mirrors, Baimeng Commercial Bank's funds continued to be consumed, and in just a few days, Baimeng Commercial Bank's working capital was squandered.

"How so?" Kad Riemann asked incredulously.

"Alliance leader, a few days ago, you ordered the responsible persons in various places to go all out to purchase the hero drunk, mirrors, and soap of the Ling Tian Chamber of Commerce, plus the previous hoarding of grain, trona, and animal oil, and now the entire trading house only has more than one million gold coins." Entezas said.

"When did you say that the price of Ling Tian Chamber of Commerce's products will increase?" Kad Riemann asked.

"Alliance leader, I personally think that the heroes of the Ling Tian Chamber of Commerce are drunk, mirrors, and soap, I'm afraid the price will not rise." After thinking about it, Entesas said reluctantly and helplessly.

"Why?" Kad Riemann was shocked and asked in disbelief.

"The Ling Tian Chamber of Commerce has launched Flame Wine, the lowest flame wine, only five gold coins for a five catty jar, a medium flame wine, only fifty gold coins for a catty for five jars, and a high-grade flame wine, only five catty for a jar of amethyst coins."

"The top-grade flame wine, five catties and a jar sell for fifty amethyst coins, although there is no substitute for soap, the price is eight copper coins a piece, but a more advanced soap will be sold for five amethyst coins a piece, even if the soap loses money, what is it?"

"Besides, whether the soap of Ling Tian Commercial Bank costs more than eight copper coins, who can say clearly? After all, the well-defended Ling Tian Villa has always been a forbidden place for spies from major chambers of commerce and commercial houses. Entesas said worriedly.

"What can you do?" Kad Riemann asked in a panic.

As one of the top ten business organizations in the mainland, the total number of Baimeng Commercial Bank is as many as 100,000, and the monthly wages that need to be paid are as many as several million amethyst coins.

"Alliance leader, I personally think that the top priority is to either sell all the grain, trona, hero drunk, and soap at the market price, or sell some shops or treasures or the like." Entesas tried to say.

"Pass the order and let the responsible persons in various places sell all the grain, trona, and animal oil, and now the price of grain, trona, and animal oil has more than doubled compared with before, which is enough for us to make a lot of money." Kad Rieman said.

"The leader of the alliance is wise." Entesas complimented, and after that, he asked, "Hero drunk and soap, do you want to sell it too?" ”

"What do you mean?" Kad Riemann asked.

"According to the news that we continue to send back from the internal lines of major chambers of commerce and commercial banks, there is also a shortage of funds from Li's Chamber of Commerce, Duobao Commercial Bank, and Tianyu Chamber of Commerce, who will sell grain, animal oil, and trona first."

"Whoever can make a profit, once the major chambers of commerce sell grain, animal oil, and trona, the prices of these three things will definitely plummet rapidly, and perhaps the prices of the three things will be lower than the previous market price."

"As for the hero drunk and soap, if you keep it in your hand for one more day, it will be more dangerous, and if the Ling Tian Chamber of Commerce lowers the price again, the value of these two things will also decrease, not to mention that the daily storage fee is also quite a lot." Entezas said.

"Well, what you said is right, pass the order, let the responsible persons in various places sell all the grain, animal oil, trona, hero drunk, and soap at the current market price, as long as the Ling Tian Chamber of Commerce lowers the price, it will also reduce the price." Kad Rieman said.

"Yes, Alliance Master." Entesas nodded in response, pulling out the teleportation crystal ball and giving the order.

A few hours later, Sean, who received the news, walked quickly to the door of the study and knocked lightly on the door.

"Come in." Hearing the sound of a knock on the door, Wu Liang shouted casually.

"Master, Baimeng Firm...... Large-scale sales. Sean said hurriedly.

"Anna, immediately send a message to the shops everywhere that the price of a jar of hero drunk is lowered to thirty gold coins, and the price of a piece of soap is lowered to three copper coins." Wu Liang said indifferently.

"Yes, master." Joanna nodded in response, took out the teleportation crystal ball and gave the order.

"Continue to pay attention to the movements of the major chambers of commerce, and report to me in time if there is any trouble." Wu Liang said.

"Yes, master." Sean nodded, gave a military salute, and then turned to leave.

"Alliance leader, it's not good, the Li Chamber of Commerce, Duobao Commercial Bank, and Tianyu Chamber of Commerce are all frantically selling grain, trona, and animal oil, and the Ling Tian Chamber of Commerce is selling hero drunk and soap at a low price, and now the prices of various things have plummeted." Entesas exclaimed in alarm.

"Grain, trona, animal oil, hero drunk and soap, what is the price now?" Kad Riemann asked, feigned composure.

"Three copper coins for grain, two copper coins for trona, six copper coins for animal oil, thirty gold coins for heroes, and three copper coins for soap." Entezas said.

"Let the local officials sell all the grain, animal oil, trona, hero drunk, and soap in stock at a price below the market price," Kadriman said after a moment's hesitation.

The prices of grain, animal oil, trona, hero drunk, and soap have been falling, and the people who had planned to buy grain have stopped buying one after another, hoping that the price of grain will drop even more.

Under the vicious circle, the price of grain is falling faster and faster, and one by one the chambers of commerce, commercial houses, and aristocrats are shocked and sell their grain one after another, but there are exceptions to everything.

A small number of merchants, chambers of commerce, and aristocrats hoarded grain on a large scale, until there was a shortage of funds, and then they had no choice but to sell grain.

"Master, when are we going to do it?" Joanna asked.

"Buying low and selling high is the principle of doing business, once the news is leaked, the price of grain will rise rapidly, continue to sell the grain in hand, until the price of grain falls to a copper coin and a catty, and then send someone to buy it secretly." Wu Liang said.

"If there are commercial houses and chambers of commerce that preempt us, won't we lose more than we gain?" Joanna asked.

"The grain we left behind is enough for five million people to eat for a year, and even if the rest of the grain is sold cheaply, it will not be much loss, and the few new food processing factories will need a lot of food."

"And those aristocrats, merchants, and chambers of commerce have piled up a mountain of grain in their hands, if you don't take this opportunity to make a big profit, I'm afraid there will be no such once-in-a-lifetime opportunity in the future, and the opportunity must not be lost, and it will not come again!" Wu Liang said in a deep voice.

"Master, there is news from the intelligence department that several major chambers of commerce and commercial houses have decided to stop producing hero drunk and soap, and the hero drunk and soap in their hands have been sold almost." Sean said as he entered the door.

"Several major chambers of commerce and commercial houses have lost a lot of money this time, right?" Wu Liang asked with a smile.

"The Li Chamber of Commerce lost the least, probably 500 million amethyst coins...... Baimeng Commercial Bank lost the most, estimated to lose 1.8 billion amethyst coins, but Baimeng Commercial Bank earned about 100 million amethyst coins in grain and trona. Sean said.

(End of chapter)