260 Gold Price Fluctuations
Is Phoenix Coin really that easy to fake?
The knowledgeable butler of Heishui City knows what he knows.
The color of Phoenix Coin is the color that comes with wood. If you want to make similar colors, you cannot paint them. You can only use the dipping method. How can you control the color not to spread outside the figure by using the dipping method? It is almost impossible to imagine.
This has not yet calculated the detailedness of the phoenix coin graphics. You can find that the graphics are exactly the same and the details are outstanding. You have to make such a graphic on the wood with different fronts and backs. Anyway, the housekeeper can't think of any good idea. Wood is not as good as iron, so it cannot be die-cast. Even if it is not crushed, the texture of the pressed wood will change.
If you really find a master to make one by hand, it will probably be many times more valuable than Phoenix Coin.
Sure enough, a month passed, and the stinky calf who came to him with bad ideas did not produce fake coins that could deceive ordinary people's eyes.
But this thing hasn't given up on trying to trick me.
The informant from the butler's subordinates in the city came to report that it was the thing that convinced some local and foreign merchants to go to Hongxinzi Bank to run deposits.
The housekeeper didn't understand: "Stealing deposits? How to squeeze?"
The informant quickly explained: "Isn't there a purchase in the north? This group of people now change to collect Phoenix coins and then go to the bank to exchange for gold coins."
"???Then what?"
"No, they're still changing."
"A psychopath! Let's report it again if something happens."
"……yes!"
The housekeeper already knew what to do, and probably won't get any good results.
The difference between Phoenix Coin and Gold and Silver Coin is very huge. After contacting Hongxinzi Bank, the housekeeper found that the price of gold and gold coins were not equal, so he sent his subordinates to do some gold business.
However, the more you go on this business, the more boring it becomes. At first, a Fatel gold coin and twenty phoenix coins could produce three and a half grams of gold, and one gram of gold was eight yuan, and the profit was OK.
Now the gold price has fallen to five yuan, and the gold coins are seventeen. If you raise the Fatel gold coins and sell them, you will lose money in labor!
The only function of redeeming gold coins at this time is to help the bank remove gold coins inventory.
If there is a gold coin run for ordinary money banks, it may be a fatal blow. However, Hongxinzi Bank's main business is the handling fee for depositing and withdrawing Phoenix coins in other places. Whether there are gold coins has little impact on them.
The housekeeper continued to live his own life. After more than ten days, he suddenly remembered this and sent someone to the bank to find out the situation.
"The gold coins have been exchanged, and they are now exchanging gold." The servant came to report and reminded him, "Sir, the people from the bank said that gold is cheap now, so you can buy some."
"???" The housekeeper looked at him with a question mark. Why is the bank still selling gold itself?
It’s okay to think about it. Anyway, many of the Phoenix coins in the butler’s hands were made by molten gold coins and selling gold. I haven’t taken out any money. Since the bank recommends it, just buy some.
So I went to the bank to purchase a batch of gold ingots.
A few days later, someone actually sent gold to the door.
"That's wrong." The butler looked at the dazzling gold in front of him and shook his head, and found a tool to check the gold... There was no adulteration, "There is a conspiracy, there is definitely a conspiracy."
Gold was previously collected at 8 yuan or 7 yuan. When it fell to 6 yuan, no one was engaged in a financial business. Now it is sold for 5 yuan. On average, seven tons of gold are bought in 7 million yuan, and it is sold for 5 million yuan? Isn’t it a loss?
What is the purpose?
Because of this, the housekeeper was worried for several days. He spent one-third of his awake time thinking about this matter. The more he couldn't figure it out, the more he felt that there was a big conspiracy and crisis inside.
"Not good! Uncle, the fight started in the market!"
"What's wrong with having something to say?"
"Uncle, the people in the market are short of money for some time. They have lowered the purchase price of many commodities. They came to the caravan from other places and said that selling like this would lead to a loss. As they said, they started fighting."
Short of money?
The housekeeper was like a pot of cold water topping, and a pile of chicken skin shook out from top to bottom. He finally understood why he sold gold at a loss.
How many gold coins are fed into gold during a high-profit period?
Now the bank is losing money and takes the initiative to take out the gold.
He also recycled the phoenix coins in the hands of the big merchant, which means he would be short of money!
Everyone has a lot of gold, but where is the best place for direct transactions? Do you think gold is worth one third of a gold coin, but the other side thinks it is only one fifth of the value. Can the transaction be achieved?
"Fuck the mud horse! Go to the bank."
I took the mama to the bank. When I first went in, I saw the listing price on that day. The gold was suddenly changed to two prices. The price of gold was still 5 yuan per gram, but the bank's income of gold turned into 4 yuan and 5 cents.
"Fuck!" Seeing the change in the listing price, the housekeeper already understood what money he made in this round.
In fact, the entire Heishui City has long been short of gold and silver coins, because the gradual circulation of Phoenix Coins has not shown any problems. Whether it is the lord or the butler, because Heishui City itself does not mint coins, it will not care about this situation on weekdays.
This time, taking advantage of the fact that someone ran gold coins and caused a large number of Phoenix coins to flow back, the bank pushed it, aggravated the return of Phoenix coins, and made money backwards when prices fluctuated.
This change in the listing price is usually a price that only goes out but not in. However, if the current situation in Hei Shui City is delayed for a long time, more and more people will have to endure the pain of cutting gold for cash, otherwise the caravan will have to be empty-loaded hundreds of kilometers away to exchange it. However, even if the road is safe, three and a half grams of gold will still not be exchanged for one gold coin hundreds of kilometers away. After deducting the fees of escorting the gold, the situation will only be worse.
The 50 cent gap is widened to the trading volume of hundreds of millions of Phoenix coins, and the profits are enough for the guys in the bank to live a good life for a few years.
So the culprit is the group of bastards who come to run?
But when we come, we still have to ask for an explanation.
The butler of Hei Shui City is not a small person and is soon sent to the manager's office.
After a meaningless cry, the housekeeper said: "It's not authentic enough for you to do this. Do you know how many civilians will lose their livelihood due to changes in prices?"
What he said was righteous, but in fact he just wanted some compensation.
"Master, please don't be angry. The fluctuation is only temporary. We did not deceive you before. The current gold price is definitely low. As long as you hold it in your hands, you will definitely make a profit later."
"Earn? How to make it?"
"To be honest, we have received a notice from Phoenix Bank that gold will rise soon after this round of bank run crisis, and Fatel gold coins will rise back to 18 yuan."
If you have money to make money, that's okay, but the housekeeper did not relax and asked: "Are you doing charity? Isn't you losing money when you fall or rise?"
The manager shook his head: "The gold price has nothing to do with our bank, so we will earn a handling fee, and all the gold is managed by Phoenix Bank. This round of price adjustment will receive a special amount. After deducting our bank's handling fee, it is mainly used to increase the total amount of currency circulation in Heishui City. This money will be released in the form of fluctuations in gold and silver prices."
I don't understand it very much, but I always feel it's a bit amazing.
In any case, the bank has indeed promised that it would be beneficial as long as you pinch gold. This is enough for the butler. After all, if you want to touch them, you really have to consider the attitude of the north.
Next, I have to trouble those stinky scoundrels, but I’m just messing around here without the consent of the butler of Hei Shui City!
Forget it, there is no need to pay for that god, just report it to the lord and it’s done.
Soon, a few corpses with slightly damaged heads were hung in the square.
When people die, their money still needs a way out. The butler suddenly found out with conscience and persuaded Lord Dok to give some subsidies to the small vendors who were recently damaged. The lord praised him a few words.
Chapter completed!