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Chapter 632 Economic Chaos

And these people were the last to gain, because the price of the Spirit-Gathering Pills plummeted the next day, countless Spirit-Gathering Pills flowed into the market, and the price dropped again and again.

Three hundred pieces of spiritual stone.

One hundred spiritual stones.

Thirty spiritual stones per piece.

Five spiritual stones per piece.

One spiritual stone at a time!

In just three days, the price of the Spirit Gathering Pill fell to one spirit stone per spirit stone, one-tenth of its original price. It is not an exaggeration to say that the market is in ruins.

Some speculators sell their stocks early when prices are high and become rich overnight, making huge profits.

Among them, there are those who borrowed money to make a desperate move, some who were already rich and had capital, and even those who originally lost everything in order to surpass the local giants.

This game has allowed many people to see the miracle. It turns out that this is how money can be made.

Of course, the vast majority of people lost money. They stocked up at a high price and sold it at a low price, so they lost everything.

Most of the elixir shops were closed to stock up on goods. Now the elixirs cannot be sold, resulting in serious losses and loss of credibility. No one comes to buy elixirs again, and they all close down.

This wave of economic blows has been even more serious. The vast majority of people have lost money and lost the ability to buy, which has also led to countless shops being unable to operate and closing.

In just twenty days, all the cities in Daxuan that had a very good economy suddenly fell into economic depression. Those who had no money had no money, and those who owed money owed money. Merchants could not open their shops, and craftsmen had nowhere to work to make money.

However, because those large merchants and officials have a lot of capital, they will not invest all of it every time, and they have the fastest sales channels, so they sell off very quickly.

As a result, they are still the biggest profit makers. When these people see profits, they will never stop. They are still disrupting the market. As a result, the market is either lacking this or that. Small shops are not equipped with all the goods, so naturally they cannot continue to operate.

Soon, shops in various cities in Daxuan closed down one after another, leaving only some large and medium-sized family-run shops that were still making money every day.

At this time, some people discovered that the price of Gathering Spirit Pills had increased again.

Some people started to buy the Juling Pill in large quantities when it was on the market. Those who had bought the Juling Pill before saw someone buying the Juling Pill and chose to sell it. After all, the price is lower and it is better than just keeping it in their hands.

Be good.

Copper, iron and grain have all experienced this stage before. It is a normal recovery in the market. Because there is a gap in the market gradually, the prices of these items will slowly rise.

People are not surprised by this, and are even afraid that they will be slow to sell and miss out on this batch of acquisitions.

The same goes for those families. They sold only a limited amount before, but now they still have a lot of inventory, so they immediately sold out when things started to pick up.

The elixir quickly rose back to ten spirit stones per piece. Those who still had the spirit gathering elixir in their hands saw hope and thought that it was indeed the most important elixir for the monks and that it would maintain its value.

They all took action one after another. Although they bought at a high price, they could only recover their capital a little bit. It would be better for their next speculation to get back some capital.

The Dan Pavilion also felt the recovery and summoned alchemists one after another to continue refining the spirit-gathering pill, thinking that they could still make a fortune by keeping it in their hands.

Sure enough, the price of the Spirit-Gathering Pill began to rise. After the massive acquisition, there were far fewer Spirit-Gathering Pills on the market, and the price began to soar again.

Thirty spiritual stones per piece.

One hundred spiritual stones.

Those who gave up early suddenly had red eyes, stamped their feet at home, beat their chests, and regretted endlessly.

The big chamber of commerce and the family did not expect that such a situation would occur, so they rushed to stock up on goods again, but they suddenly found that there was nothing on the market.

Because those who had the elixir in their hands before either sold it or were unwilling to wait for the price increase. In short, it is no longer available. The Spirit Gathering Pill has increased to five spirit stones per piece, but not many people are willing to sell it.

Because people buy at high prices, they don’t earn much by selling at this price.

But it doesn't matter if they don't have it. They can refine it. After all, there are alchemists in the family, and the Spirit Gathering Pill is the most basic elixir and is easy to refine.

Therefore, the materials for the Spirit Gathering Pill have also increased rapidly, but compared to the value of the pill, it is still a lot of money. Refining the pill will still make a lot of money.

Chambers of commerce, major families, officials, alchemy pavilions, and even individual alchemists all began to rush to buy the raw materials for the spirit-gathering pills, and then quickly refined and shipped them.

At this time, a large amount of raw materials for the Spirit-Gathering Pill entered the market. These people were very happy, and they were willing to buy it even at a price that was ten times higher than the previous market price.

After all, the price of elixirs has also increased.

This time Beichen Ye did not take action again. He held most of the Spirit Gathering Pills that were once on the market and in stock, but he had no intention of throwing them away.

The market is regular, and once a certain commodity becomes widespread, its price will naturally drop.

When the Spirit-Gathering Pills were refined in large quantities and shipped in large quantities, many people who held the Spirit-Gathering Pills couldn't sit still. They saw others making money and had no reason to still hold them in their hands.

And they are also afraid of falling prices, so a small number of people take action.

And once someone takes action, the remaining people can't wait, for fear that they will be too late and the price will drop.

As a result, far more Juling Pills than the market demand flowed into the market again, causing the price of Juling Pills to drop extremely rapidly.

Five hundred spiritual stones.

Three hundred spiritual stones.

Fifty spiritual stones.

Twenty spiritual stones.

Five spiritual stones.

A spiritual stone.

The price dropped rapidly, and many people still didn't make a move and smashed the pill into their hands.

There are no winners in this price fluctuation. Everyone is hoarding goods at high prices and then losing money. After thinking about it, it seems that those who bought the Julingdan when it hit the bottom made the most money.

But people don't have such people around them, and they don't know who are the people who have made a fortune silently, buying the elixir at a price far lower than the market price, and making a huge profit if they sell it.

This time, not only the common people, but also big families suffered a loss. They bought the raw materials at ten times the price. As a result, the elixir was worthless after being refined.

You know, they purchased a large amount, but lost a lot of money.

As a result, many medium-sized but desperate families were also thrown into extreme embarrassment. Only those big families with big trees and deep roots could still stand firm in the wind and rain.

But people like them were unable to support the entire economy. After this wave, small merchants and speculative monks lost all the money they borrowed from banks.

Moreover, they were unable to repay the money, causing some banks to be unable to survive and close down.

The city was completely depressed. Eight out of ten shops were closed, and the remaining two were unable to sell anything. The economy was completely paralyzed.

Just at this time, the news came that the front line needed to raise food and fodder, and the various princes ordered the officials of each government to raise funds. Only then did those people suddenly realize that the city was almost empty.


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