The old man Qin Zhaoji is simple-minded and only hopes to do a good job in the yarn mill business, without caring about stocks at all.

The uncle Qin Hanliang was very active and gradually became itchy. He quietly used his private money to buy stocks.

Because they lived not far from each other, Qin Di could hear the movements of his uncle's family. He knew that his uncle had bought stocks. He was cautious at first, but as time spread, he became more and more crazy. Later, he even used the money from the yarn mill.

At this time, rubber is still rising. Not only retail investors are buying, but many money dealers are also involved in speculation.

During its heyday, the total investment in rubber stocks around the world reached 60 million taels of silver, of which 80% were Chinese buyers. This shows how crazy Chinese stock trading is.

From October 1909 to April 1910, in just half a year, Zhu Wan's rubber stocks bought had made ten times more profitable, and 600,000 US dollars became nearly one million oceans, equivalent to 600,000 US dollars!

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

Without saying a word, Zhu Wan took Qin Di to the exchange, cleared all the stocks, and shorted $200,000 in reverse according to her son's advice!

The so-called short selling means borrowing stocks first and then paying them back when the price falls. This is a dangerous form of gambling. Because without leverage, its returns are limited, up to no more than US$200,000; but if the stock price rises all the way and there is no limit to the upward trend, there is no upper limit to the losses of short selling.

Qin Hancheng heard that the wife at home not only sold the stocks, but also made a fuss. She felt very worried and almost panic all day long.

"This woman is crazy! She doesn't ask me if she sells stocks! I'm a banker! What stocks do she know, a doctor? How can she do this? She sold so early and she shorted her hands! If the stocks rise wildly, I don't know how much to lose! You see, rubber is still rising, and there is no sign of stagnation... Awan, you are wrong, you are wrong..."

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

The boss Qin Hanliang was so happy that he couldn't stop watching the stock price rise: "Haha, haha! Women, long hair and short knowledge! You are so useless, how can you let the wife manage the money at home?"

However, after May, the stock price began to linger at a high level. June began to decline, 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 came to the door to remind: "Uncle, hurry up and buy stocks! It would be too late if you don't sell them. Look at this English newspaper, which says that the United States has changed its strategy and restricted rubber consumption."

Qin Hanliang stared at him with a slanted eyes: "I can't understand English! What do you little brat know?"

As a result, it delayed for another month. After July, the rubber plummeted and the stock market collapsed, leaving a mess, and the white earth was so clean!

On July 21, the three money houses of Zhengyuan, Zhaokang and Qianyu went bankrupt, losing five million silver dollars; shortly afterwards, five more money houses went bankrupt, with heavy losses. By the Spring Festival this year, dozens of money houses went bankrupt.

In early 1910, there were 91 money houses in the Magic City. After this storm, 48 went bankrupt. As well as several large bank bills in Jinling, Hangzhou and other places, they also went bankrupt.

This financial crisis directly triggered a decline in the revenue of the Qing government, and led to the Protection of the Road and the Revolution of 1911. This was a major event related to the change of dynasties! Although Qin Di intervened, the investment was too small, and the historical pattern did not change.

In this rubber storm, Qin Hanliang suffered a lot!

Because he secretly embezzled the funds of the spinning mill, the chip's cash flow was insufficient and he was about to be unable to hold on!

Cotton suppliers can barely deal with it when they come to collect money.

The workers come to ask for their wages! This is a problem!

Many people appeared outside the Qin Mansion, causing chaos!

The old man Qin Zhaoji was so anxious that he jumped up. He couldn't sleep for three days and three nights. In the end, his eyes were red and swollen, and his mouth was covered with blood blisters!

He called Qin Hanliang over, scolded him with a bloody spitting head, and slapped him in the face: "You bastard! What do you think you are doing? I worked hard for twenty years and was defeated by you in a few months! Oh my God, why don't you hit this bastard to death..."

Qin Hanliang knelt on the ground, with a shame on his face and hesitated: "Dad, I don't want to lose money either! I see that they are all rich, so I am moved. Who knows that they will be fooled as soon as they enter!"

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

Qin Hanliang said: "Dad, can you borrow some money from someone? To get through this crisis for the time being?"

Qin Zhaoji threw the teapot on the ground with a "slap" and cursed angrily: "You think it's beautiful! These days, others want you to be unlucky! When you have money, you are easy to borrow money; when you have no money, who will lend it to you?"

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

So Qin Zhaoji called the second son Qin Hancheng over and cursed him half-death, but he didn't slapped him in the face: "It's all you talk nonsense and instigating your brother to trade stocks! Don't you know that stock trading is like peeling, how many people really make money?"

Seeing that his father was going crazy, Qin Hancheng quickly said, "Dad, don't be anxious. My wife makes money by trading stocks!"

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

"Dad, my wife made a lot of money! I can get her a hundred thousand oceans, and our sponge mill will not be in trouble!"

"You are such a bastard, you can speak out! You don't have the ability to make money and have to make a living, it's really embarrassing!"

Qin Hancheng was scolded to death and dared not say anything.

After a long time, Qin Zhaoji came back to his senses and his heart was filled with doubts: "What did you say just now? Zhu Wan earned 100,000 yuan? How much capital did she invest?"

Qin Hancheng didn't dare to tell the truth: "Dad, I can't figure it out either. Anyway, my wife has money, so it's right to borrow it from her."

Now that things have come to this point, Qin Zhaoji has no other way, so he has to call Zhu Wan over with a thick face and put it all out.

Zhu Wan was easy to speak and took out a hundred thousand oceans, without mentioning the issue of dividing shares.

She didn't care much about money. She felt that she was blessed by God's Father and had a good son, and easily earned 700,000 US dollars! It was 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 the result of such speculation because the capital was too small. By 1929, the US stock market collapsed and there was a speculator named Liwu Moore who made 100 million US dollars in short selling. That was a master. Unfortunately, he later killed himself. That was normal. Speculation did not end well. He won for a while, but could not win for a lifetime. If Qin Di had not known history, he would not have participated rashly.

The rubber storm has passed, and the Qin family's crisis has passed.
Chapter completed!