Chapter 2102: Black friday

Professor Moriarty was silent for a moment, and said in a weird tone: "Joan, thank you that you are not interested in the financial industry. Otherwise, based on your brain, other speculators are only worthy to follow your and eat ashes... You just mentioned The kind of assumption that has been reached, if it happens in reality, the Yashan Empire will be ransacked by the financial turmoil, and the loss will even exceed the loss of a real war."
"Fortunately, this is just my fantasy." Qiao An wiped away his cold sweat. "Mr. Antron Yangbo, Assistant Governor of the Far Eastern Central Bank, would like to talk to you about the trend of the gold banknote market. You can spare an hour. To accompany him for a cup of coffee in his free time?"
"Ah? You can talk to the top of the Central Bank of the Far East? Tsk tsk! Joan, do you dare to say that you are not good at socializing? Isn't this very clever!"
"It's not that I took the initiative to make friends with others, it's just a coincidence!" Qiao An said grimly, "Do you want to meet with Mr. Antron?"
"See! Of course I want to see you! I also want to invite that distinguished guest to the Tuileries Hotel for afternoon tea."
Qiao An couldn't help being surprised: "Three years ago, you refused to meet with the Minister of Foreign Affairs of the Far East, Kun Tiliang, how did you change your this time? The position of assistant to the president will never be higher than that of the minister of foreign affairs."
"This has nothing to do with the status of the visitor, but because the times have changed." Professor Moriarty laughed and explained: "I had a small holiday with His Royal Highness Roland, Prince Roland of the Far East. In the past, I was worried about revealing my identity. It will attract revenge. Now the Far East people have one mind to dig you, a genius scholar, to work at Collasberg University. It’s too late to please you. Why are you embarrassed to settle old accounts with your mentor? Haha! I didn’t expect it, Joan, now You are my backer!"
Qiao An couldn't hear it, and wondered why the mentality of the mentor was a little bit arrogant?
"All right, you set a time, and then I will let Mr. Antron go to the Tuileries Hotel to find you."
"Aren't you coming together?"
"No... I'm not interested in the financial speculation topics you talked about. I can't talk about it. It's embarrassing. Besides, what good coffee is? I would rather eat iced watermelon at home."
"Hahaha~ brat, do whatever you want!"
After an appointment time was arranged, Qiao An ended the conversation with his instructor, and turned around to help Antron call a carriage and send him to the Tuileries Hotel to meet with Professor Moriarty.
That evening, when Qiao Ann was in the laboratory instructing Doer to use his own "Magic Juicer" to make iced watermelon juice, Professor Moriarty returned with a whistle.
Mr. Professor smiled, took a sip of the iced watermelon juice from Doer, sighed comfortably, and then told his students that he had a good chat with the little brother Antron and made it when he left the cafe A decision was made to clear the stock as soon as possible and sell all the imperial gold banknotes in his hands.
Qiao An guessed that Professor Moriarty got some bad news from Antron, or on the contrary, Professor Moriarty told Antron his judgment on the future market of gold banknotes and persuaded the other party to transfer The financial forces of the Far East Government short-selling gold banknotes.
In either case, the decline of the gold currency market is imminent.
Qiao An thought while drinking watermelon juice, then put down the empty cup, said goodbye to his mentor and Doer, and took out the "communication stone" when he walked out of the laboratory door, and told Josephine about Professor Moriarty's profitable departure. Madam, remind her to plan early.
...
The day when the Empire's gold banknotes collapsed came sooner than Qiao An expected.
The gold banknotes issued by the imperial government claimed to have sufficient collateral as a guarantee. The imperial prime minister, Earl Mueller, even publicly shouted the slogan of "100% acceptance" when he was interviewed by the newspaper, which was actually a lie.
The reason why the Prime Minister dare to say this is that the vast majority of people in the world are fools, who will not actually exchange gold banknotes for magic crystals. In fact, the collateral prepared by the Imperial Central Bank for gold banknotes-industrial magic crystals is valued. No more than one-tenth of the total amount of banknotes. The so-called gold banknotes were a scam from the beginning. The reason why they can be maintained to this day is only because most people have not seen the scam.
The imperial government’s money-issuing reserve was originally 90% by blowing, and it was inherently insufficient. The gold and silver recovered from the money-issuing has been spent seven or eighty-eight. Moreover, the market price of the gold banknotes has been speculated over and over again, and it is already higher than when it was first issued. The price is a lot higher, and the asset prices on paper are like a rapidly expanding bubble, which has greatly exceeded the acceptance capacity of the Imperial Bank. Once the bubble bursts, it will inevitably trigger a financial storm that will spread across the country!
July 30, 1624, a "Black Friday" destined to be recorded in the annals of history. For the gold banknote holders of the Ashen Empire, this is a nightmare day that will be imprinted in the memory of the rest of their lives. An unhealable scar.
When tens of thousands of retail investors were still at a loss, the major super speculators in the gold banknote market tacitly sold the gold banknotes that had appreciated to the peak after the opening of the day, exchanged them for magic crystals or real gold and silver, and quietly withdrew. Out of this already shaky market.
The price of gold banknotes is used as a market thermometer. After the buyers and sellers saw back and forth for a whole day, they finally couldn't bear the pressure of huge selling, and turned from a slow decline to a rapid decline. When night fell, the market price of gold banknotes had fallen. One-third, and it continues to fall.
At this time, no matter how slow people were, they realized that something was wrong, and the panic spread rapidly like an infectious disease.
On this sleepless night, people are scrambling to sell gold banknotes, but they can't find a fool who is willing to take the order. They can only watch the price of gold banknotes plummet in free fall.
On this night, from the holy city of Ashen to Midgard, countless people toss and turn, unable to sleep, countless hearts anxious. All the anxiety and panic are projected onto the gold banknote market and amplified.
In the early morning of July 31st, the imperial gold banknotes, which had been rising for more than a year and the highest market price reached 215 jindujia, were completely bustling overnight, and the market price dropped back to the nominal price!
Countless gold banknote holders lost all their wealth in this financial turmoil, and the wealth accumulated for half a lifetime disappeared as the gold banknote bubble burst.
At the same time, there were also very few speculators who took advantage of this catastrophe to grab huge profits.
For example, Professor Moriarty bought gold banknotes with a face value of 100 duga at 72 duga last year, and sold them when the value of the gold bill rose to a high of 206 duga. The profit was nearly doubled.
Qiao An lent a mentor to speculate on the capital of one million gold bills, and now it has doubled to three million!
Thinking that this windfall was obtained at the cost of the bankruptcy of thousands of households in the empire and even overseas colonies, every gold bill was stained with blood. If you ask "is it worth it," it would be too hypocritical, but how much does he feel? Still a bit uncomfortable.