Facing the three curious babies in front of him, Zhao Ran had to explain in detail.

I can tell you very responsibly that the goods are not what we want to auction, because the goods do not belong to us, so what we value is not the goods themselves, but the transaction price of the goods, and the higher the price, the more auction fees we will take. ”

"So what did the people who came to our Jinbo Auction House buy to buy bulk goods? This has to be analyzed on a case-by-case basis, for example, Yeli Xiaohou, you auctioned the Dawan horse before, which belongs to your own use, so you bought the Dawan horse itself. ”

"Now let's talk about Snow Lotus, the merchants who come to bid for Snow Lotus, are they buying Snow Lotus? Obviously not, they are buying the price of Snow Lotus, and then they plan to sell it at a higher price, which is the purpose of their bidding. The purpose of such a purchase can be called speculation, or speculation. ”

"Since it is for speculation, how is the price of speculation determined? I can tell you that the speculation price has nothing to do with the value of the goods, only with expectations, and I expect that if I can sell them at a higher price, the speculation bidding will rise, and I expect that the goods may not be sold, and the speculation price will fall. ”

"Okay guys, let's say you are a speculator, when you hear that the auction house is closed, and you will not be able to sell the goods for the next half a month, may I ask, what is your expectation of the price of the goods at this time? Half a month later, the auction house will reopen, do you want to get rid of the goods in your hand quickly?"

Liang Xingxia and Gao Yanei suddenly realized, clapping their hands, Yeli Huaide has a rough brain, and he hasn't turned a corner yet. So Zhao Ran further explained: "Little Hou Ye, if a snow lotus with a market price of ten taels and an ingot of ten taels of silver are placed in front of you and you are allowed to choose, which one do you want?"

"Silver, of course!"

"Why?"

"Snow lotus is not worth ten taels of silver. ”

"How is the market value of Snow Lotus's ten taels determined?"

"Bid on it at our auction house. ”

"Very good, now that the auction house is closed, can Snow Lotus still get so much silver?"

"Of course not. ”

"So, that's what to expect when the auction house closes for a while...... You just wait for the auction house to reopen in half a month, I really can't imagine how much money the Li family will have to come up with to support the market. Lao Liang, remember to put the Kunlun Mountain Snow Lotus in our hands into the first batch of auctions!"

The Li brothers thought that they could buy time to raise money by temporarily closing the auction house, but they did not know that while gaining a period of time, they lost more important people's hearts.

In the world that Zhao Ran crossed over, this kind of behavior of suspending trading has a name - circuit breaker. What is the effect of it, it has long been proven by the world, and Zhao Ran can only hehehehe.

Zhao Ran spent the next half a month living a very leisurely life, playing and chatting with these gentlemen during the day, and having a lot of fun with these gentlemen, and at night he continued to practice his own innate merit scripture and the Nine Heavens Xuanlong Great Forbidden Technique. He even followed behind Gao Yanei and played a game of chess with the lord of Rou'an.

It's not that Zhao Ran's power regards how lofty he is to play against a county lord, he has already stepped into cultivation, and he has no sincere feelings about secular magnates or anything. What he found interesting was that whenever he thought of his identity as a dark pile, he felt particularly interesting - did he deserve the honor of the number one spy of the Ming Dynasty when he mixed up with the dark pile to this point?

With a few days of a little leisurely time, Zhao Ran sorted out the relevant information in the Western Xia Dynasty that he had come into contact with during this time, and sent out three flying talismans in a row in code.

One is the relevant information about the Empress Dowager Liang's return to the government of Li Qianshun, the lord of the small country, such as which steps have been carried out so far, a total of five.

The second is an analysis of the current analysis of the power balance between the Hou clan and the imperial family in the Western Xia court, such as who is the descendant, who is the royal family, and who is the centrist, a total of thirteen articles.

The last one is the relevant logistical preparations of the Western Xia Privy Council, such as how many war horses, how much armor were purchased, how much food was transported, and how many sergeants were sent to the Baima Mountain Theater or the Heishui Theater or the Ganzhou Theater, a total of nine.

Dongfang Li had made an agreement with Zhao Ran before, his task was to build the inn, and when necessary, according to the requirements of the spy who entered the Golden Needle Hall, he would do the corresponding cooperation work. Now that the Jinbo Club has been successfully established, he has not received any request for cooperation, and the six-month period has long expired, and he can actually return.

Zhao Ran is confident that after this information is sent back, it should be worthy of his identity as a "subordinate dark pile", and he has overfulfilled the task. The next few days are just waiting for the next successor and earning some silver by the way.

Jinbo Auction House posted the latest notice, announcing that it would be closed for half a month due to relocation.

As Zhao Ran expected, people can think, and the more shrewd people are, the more they like to explore the truth behind the incident. There is no need to work Gao Yanei and others to deliberately spread gossip, all kinds of gossip are already flying all over the sky.

The holders of the snow lotus in the market felt an incomparable amount of fear. Some say that the Jinbo Auction House angered high-ranking officials and was banned, some say that several owners of the Jinbo Club have irreconcilable contradictions and fierce infighting, some say that the owners were expelled because of their status as Ming merchants, and even more say that the Jinbo Club almost closed down due to lack of funds......

Either way, it is extremely unfavorable to the merchants who hold the snow lotus, and countless people wander at the door of the Jinbo Club every day, hoping to get some news about the auction house, so as to decide at what price the snow lotus in their hands will be sold.

Snow lotus is not gold and silver, its price should be determined by its own medicinal value and supply and demand in the market, but now because of speculation, the price has long deviated from the normal selling price, and completely relies on people's expectations to support such a high level.

With the closure of Jinbo Auction House, no matter for what reason, the holders of Snow Lotus suddenly found that the Snow Lotus in their hands could not be realized for at least half a month, and it was unknown whether it could be realized after half a month, which immediately caused panic in the market. Is the snow lotus that can't be realized still worth it? Obviously it's not worth it!

This is the serious consequence of money liquidity being stuck.

Now it's not a question of not being able to make a sale, but now the question is, will you be able to squeeze into the auction list at the next auction?

The closure of Jinbo Auction House was immediately reflected in the major pharmacies in Xingqing Prefecture, causing the price of snow lotus to fall.

The day after the closure of business, in Hui'an Tang, Jimin Tang, Li Ji Pharmacy, Huichun Fang and other pharmacies, the water price of snow lotus has dropped to varying degrees, especially the price of Tianshan Snow Lotus has suffered the greatest setback, and the retail unit price has dropped from 25 taels to 18 taels.

The retail unit price of the snow lotus in Kunlun Mountain has also dropped from 35 taels to 32 taels.

On the third day of the closure, the Tianshan Snow Lotus fell to 16 taels, and the Kunlun Mountain Snow Lotus fell to 30 taels.

Li couldn't sit still, so he urgently used the 20,000 silver in his hand to sweep the goods in the major pharmacies to maintain the price.

On the fourth, fifth, and sixth days, Li continued to sweep the goods.

On the seventh day, the 20,000 taels of silver invested by the Li family were sold out, and the price of Tianshan Snow Lotus fell to 15 taels, and the Kunlun Mountain Snow Lotus fell to 28 taels.

Zhao Ran was directing the servants to tidy up and arrange the courtyard in the East Cross Courtyard, this courtyard was the residence of a small nobleman of the Xifeng clan, this little nobleman was unwilling to move-how good it was next to the Jinbo Club, who would want to move away? But he couldn't stop Gao Ya's internal force, so he vacated the house after asking for a membership card for free with a cheeky face, and of course, the Jinbo Club did not bully him, and made up two hundred and sixty taels of silver at the market price.

This is the new site of the Jinbo Auction House, which is next to the Jinbo Club, but it is an independent courtyard, which just meets the requirements of the lord of Jo'an.

Seeing Gao Yanei and Yeli Huaide coming in together, Zhao Ran joked to Yeli Huaide: "Yeli Xiaohou is early, why haven't you gone to White Horse Mountain yet?"

Yeli Waide smiled: "And in two more days." "Before, Zhao Ran, the head of the Gao Ya, asked for more than three percent of the Jinbo Club, which was not what he wanted, and one of the achievements was taken out by him a few days ago and sold to Yeli Huaide for a price of one thousand taels, which is equivalent to giving it away for nothing. The money has been put into the public account of the club, and now Yeli Huaide is also an important shareholder of the club.

I saw Gao Yanei pulling Zhao Ran and laughing happily: "Brother Cheng, someone came to visit my father late at night yesterday, do you know who it is?"

"Huh?"

Gao Yanei covered his stomach with a smile, and didn't get up straight for a long time: "It's Fei Tingqingxia, Fei Tinglao Zhongcheng! Do you know what he is begging his father for? Haha, he begged his father to let the auction house reopen quickly! Haha, hahaha........"