The old man Qin Zhaoji was simple-minded, and he only looked forward to doing a good job in the business of the yarn factory, and he didn't care about the stock at all.

Uncle Qin Hanliang had a lively brain, and gradually became itchy, so he quietly used his private money to buy stocks.

Because they live not far from each other, Qin Di can hear the movements of the uncle's house, he knows that the uncle has bought stocks, and he was more cautious at first, but as time spreads, he becomes more and more crazy, and later even uses the money from the yarn factory.

At this time, rubber is still rising, not only retail investors are copying, but many money banks are also involved in speculation.

In its heyday, the total investment in rubber stocks in the world reached 60 million taels of silver, of which 80% were Chinese buyers.

From October 1909 to April 1910, in just half a year, Zhu Wan bought ten times the rubber stocks she bought, and 60,000 US dollars became nearly 1 million oceans, equivalent to 600,000 US dollars!

At the end of April, Qin Di said to her mother: "The time has come, it's time to sell the stock." ”

Zhu Wan didn't say a word, ran to the exchange with Qin Di, cleared all the stocks, and according to her son's suggestion, shorted 200,000 US dollars backhand!

The so-called shorting is to borrow the stock first and pay it back when the price falls. This is a dangerous form of gambling because without leverage, it has a limited return, no more than $200,000, but if the stock price goes all the way up, there is no limit to the amount of money you can lose when you go short.

Qin Hancheng heard that his mother-in-law not only sold the stocks, but also made a short backhand, and he felt very worried in his heart, and he almost panicked all day.

"This woman is crazy! She doesn't ask me when she sells stocks! I'm a banker! She is a doctor who knows what stocks? How can she do this? Sell so early, and she still sells shorts with her backhand! If the stock goes up wildly, I don't know how much money you will lose! You see, the rubber is still rising, and there is no sign of stagnation at all...... Awan, you're wrong, you're wrong......"

He complained not only to his wife, but also to his father and brother.

The boss Qin Hanliang watched the stock rise, and he was so happy that he couldn't close his mouth: "Haha, haha! Woman, long hair, short knowledge! You are so useless, how can you let your mother-in-law take care of the family's money?"

However, as we entered May, stock prices began to hover at high levels. June began to go downhill, and soon Qin Hanliang couldn't laugh. Because he entered the market late, the so-called profit was easily erased.

At this time, Qin Di specially came to the door to remind: "Uncle, hurry up the stocks! If you don't sell them, it's too late." Look at this English-language newspaper that says the U.S. has changed its strategy and restricted rubber consumption. ”

Qin Hanliang squinted at him: "I can't read English!

As a result, it dragged on for another month, and after July, the rubber plummeted, the stock market crashed, and the white land was so clean!

On July 21, Zhengyuan, Zhaokang, and Qianyu closed down, losing 5 million silver dollars, and soon after, five more banks closed down, with very heavy losses. By the Spring Festival of this year, dozens of money banks had closed down.

At the beginning of 1910, there were a total of 91 money houses in the magic capital. And after this turmoil, 48 went out of business. Even in Jinling, Hangzhou and other places, there are also several large bank ticket numbers that have failed.

This financial crisis directly triggered a decline in the Qing government's revenue, which led to the Baolu Movement and the Xinhai Revolution. Although Qin Di intervened in the process, he did not change the pattern of history because the amount of money invested was too small.

In this rubber turmoil, Qin Hanliang suffered a great loss!

Because he secretly embezzled the funds of the yarn mill, the cash flow of the yarn mill was insufficient, and it seemed that it would not be able to survive!

Cotton suppliers come to collect money, and they can barely cope.

Workers come to ask for wages!

Many people appeared outside the Qin Mansion, causing a burst of chickens and dogs!

The old man Qin Zhaoji was so anxious that he jumped to his feet, he couldn't sleep for three days and three nights, and in the end, his eyes were red and swollen, and his mouth was full of blood blisters!

He called Qin Hanliang over, scolded him, and slapped him one by one: "You bastard! What do you do? I have worked hard for 20 years, and I have been defeated by you in a few months! God, why don't you thunder and kill this bastard......

Qin Hanliang knelt on the ground, his face full of shame, and he hesitated: "Dad, I don't want to lose money! Who knew if you would be fooled as soon as you entered!"

Qin Zhaoji slapped him again: "What do you say? Do you mean selling the house and sleeping on the street?"

Qin Hanliang said: "Dad, can you find someone to borrow some money?

Qin Zhaoji threw the teapot on the ground and scolded angrily: "What do you think is beautiful! These days, others want you to be unlucky! When you have money, it is easy to borrow money, and when you have no money, who will lend you?"

Qin Hanliang had a bitter face: "Dad, the second child is in the bank, you can think of a way......"

So, Qin Zhaoji called the second child Qin Hancheng over, and also scolded him half to death, but he didn't slap him: "It's all your nonsense, pleading your brother to speculate in stocks! Don't you know that stock speculation is like peeling skin, and how many people really make money?"

Qin Hancheng saw that his father was going crazy, and hurriedly said, "Dad, don't worry. My daughter-in-law has made money trading stocks!"

"She earns her money! What does it have to do with you! Even if she earns thousands of oceans, she can't save our yarn factory!"

"Dad, my daughter-in-law has made a lot of money! I can ask her to get 100,000 oceans, and our yarn factory will be fine!"

"You bastard, you can actually open your mouth! You don't have the ability to make money, and you have to eat soft rice, it's really embarrassing!"

Qin Hancheng was scolded with a gray face, bowed his head and did not dare to speak.

After a long while, Qin Zhaoji came back to his senses, and his heart was immediately full of doubts: "What did you just say? Zhu Wan earned 100,000 oceans? How much capital did she invest?"

Qin Hancheng didn't dare to tell the truth: "Dad, I don't know." Anyway, my daughter-in-law has money, so it's right to ask her to borrow it. ”

The matter has come to this point, and Qin Zhaoji has no other way, so he has to call Zhu Wan over with a thick old face and put everything on the table.

Zhu Wan was very talkative, and directly took out 100,000 oceans, and did not mention the division of shares.

She didn't care too much about money, and felt that she had been blessed by her Heavenly Father, and it was rare to have a good son, and she easily earned $700,000! Equivalent to 1.2 million oceans.

In 1910, an ounce of silver could only be exchanged for $0.55.

To be honest, Qin Di was not very satisfied with such a hype result, because the principal was too small. In 1929, when the U.S. stock market crashed, there was a speculator named Livermore, who made $100 million from shorting, and that was the master, but unfortunately he later committed suicide. That's also normal, speculation doesn't end well, you win for a while, you can't win for a lifetime. If Qin Di didn't know history, he wouldn't have taken the liberty to participate.

The rubber turmoil has passed, and the crisis of the Qin family has also passed.

As Qin Di grew older, especially after making a lot of money from stock trading, his status in the family rose, and what he said was even more effective than his father.