"Ladies and gentlemen! After our public opinion offensive in various countries and the continuous fermentation for more than half a year, a large number of foreign investors have already arrived with massive funds.

After the price fell slightly due to the delivery of tulip bulbs, it rebounded strongly within one day. However, because everyone was waiting for tulips to appreciate further, there were very few bulbs circulating in the market.

I think it is time to put the futures contracts in our hands on the market, and the first shot of tulip winter trading will be fired by the 'Eye of Fortune'."

In the circular conference room, Argo, wearing gold-rimmed glasses, was talking on the podium.

On the wall in the middle hangs a unique emblem of a ruler and a golden eye. It is obvious that this is an internal meeting belonging to the "Eye of Fortune".

"Eye of Fortune" was initially just a secret society composed of big bankers and big capitalists from various countries.

But after taking power in the Low Countries, they have stepped onto the stage and gained huge economic and political influence.

It has a magnificent headquarters building in Antwerp and also has its own independent armed force.

After hearing Argo's introduction, combined with their own research on market conditions, these members of the organization with a net worth of tens of millions were already a little moved.

They have never thought about actually harvesting next year's bulbs according to the tulip contract, and none of the big shots here are stupid. They all know that the greater the return, the greater the risk.

However, driven by profit, everyone wants to sell at the highest price and obtain the maximum profit.

The current consortium that monopolizes next year's output exists precisely to ensure this.

"Although the prophets and the priests of the Church of Fortune have been unable to obtain any useful information from this frenzy.

However, our analysts still make reasonable predictions based on the current supply and demand relationship. Prices cannot continue to rise without limit, and risks do exist.

The recommended time point is preferably before the beginning of next spring.

And after this experience, there are many application scenarios for futures. This method can be used for the trading of bulk commodities such as cotton, steel, coal, ink trees, indigo, etc.

For everyone, this is another broad road to harvest wealth!"

At present, they have clearly realized that futures are not mainly goods, but standardized tradable contracts in the form of financial assets such as stocks, bonds, etc.

Take the tulip contract as an example. There are no clear rules in the futures market, and there are no specific restrictions on both buyers and sellers. The contract can easily be bought and sold, and can change hands several times in a short period of time.

This makes it possible for big bankers and big capitalists like them to do whatever they want, buy and sell short, and harvest wealth at will.

The future is infinitely bright!

"And there is a resolution here that has been officially passed this morning. It should have been distributed to exchanges everywhere by this time. The road to large-scale futures trading has been completely paved!"

Argo took out a document and showed it to the members of the organization, which immediately aroused cheers.

Driven by huge interests, speculation is inherently crazy and irrational.

In order to promote the further and sustained growth of this kind of transaction, the Senate and the government controlled by the "Eye of Fortune" have launched a targeted policy.

As long as speculators are willing to pay a premium of 5% of the government's payment, the government is willing to provide a guarantee.

When speculators default on a transaction, they will be responsible for taking full responsibility, adding another fire to the extremely hot tulip trade.

Their idea is also simple. According to the current price rising momentum, the risk can be hedged in just a few transactions. And in the hot tulip trading, this is not a high probability event.

The resolution has been reached.

All members couldn't help but stand up and chanted the motto "Eye of Wealth":

"When money stands up and speaks, truth must be silent! The future of the world belongs to the 'eye of wealth'!"

“The future of the world belongs to”

However, at this moment when the torrent of capital is about to sweep out.

Bang!

The closed door was suddenly pushed open, and Summerfield, the majority shareholder of the Tulip Guild, who had been absorbed into the "Eye of Fortune", rushed in panting.

With a look of fear on his face, he shouted loudly as if asking for help:

"It's bad! Someone started selling bulbs on the exchange today, not just one or two people, but many, many people. The price of tulips has collapsed!"

Even though they were used to seeing big scenes, many people present couldn't help but feel a sudden jump in their hearts and the world was spinning.

"Oh~my true God!"

Actually three days ago.

Throughout the "Low Countries", there are tulip exchanges, taverns, private clubs and other places in many cities where tulip bulbs can be traded.

A very similar scene occurred in all of them.

Foreign or local speculators will suddenly have a person next to them and say mysteriously:

"Hey! Friends, we have tulip bulbs in stock, all of which are of the highest quality. Are you interested?"

The answer is of course without exception.

The [Faceless Men] implemented Ivan's plan and entered the village quietly without using guns. They did not conduct transactions through the guild, but made private settlements with interested buyers.

Compared with the "time cost" of one year and various uncertainties in the futures contract, buyers are naturally more willing to accept visible and tangible spot transactions based on the mentality of "falling into safety".

Just like in the early days of the savings business, old people were willing to trust passbooks with black and white words on paper instead of savings cards with only one number.

The most important thing is that the price of tulips in the trading market is constantly increasing and is updated every hour.

But these sellers are very talkative and give them ample opportunities to raise money. As long as they can complete the delivery on the same day, they will settle according to the price when the market opens in the morning.

Therefore, all those who were able to grab these tulips lamented their luck.

but.

When this situation lasted for three full days, with the other party always able to provide supplies as long as you wanted to buy, some smart and caring people finally realized that something was wrong.

Moreover, the sales of tulip bulbs were spread throughout the Low Countries. Although the transaction volume in a single city was not too high, looking at the whole country was enough to shake the soaring price curve.

Ivan wants to take advantage of the frenzied market to harvest as much as he can in the Low Countries.

One bite and your mouth is filled with oil!

During this period, the holy angels and goddesses also paid attention, causing the spiritual world, which was already extremely chaotic and involved, to become even more turbulent.

No prophet can use extraordinary means to make accurate predictions about this hugely influential international event and Ivan's sniper operation.

On the fourth day, the confidence of some smart people began to waver, and they started selling after the [Faceless Man], which also shocked the "Eye of Fortune" coalition.

The "Drumming and Flower Passing Game" is officially launched.

"This is just a flower! How many people are willing to trade a house, dozens of tons of cheese, and dozens of sheep in exchange for it?"

Once reflection begins, it can never stop.

Previously, in just six months, the price of tulips increased nearly seventy times, and tulips reached unprecedented glory.

But the peak period only lasted until the beginning of winter.

From the tentative market launch on this morning to the panic and large-scale selling, it only took a short day.

The bubble that was blowing bigger and bigger finally collapsed completely.

"Sell, sell, discount, I only want half of the contract amount!"

"I only want one third!"

"Buy me, buy me!"

Massive selling by speculators plunged the market into an unprecedented state of panic.

The still bright and beautiful tulips have simply become a hot potato, and no one dares to take over. The price of bulbs is like a boulder rolling off a cliff, plummeting thousands of miles.

At this time, the government of the Republic saw that the situation was not good and decided to intervene to curb panic selling.

But it was too late. The collapse of confidence cannot be easily restored by administrative means.

Then, an unprecedented collapse flooded the entire country like a landslide.

The tulip market in the "Low Countries" suddenly turned from the blooming flowers and blazing fire a few days ago into a hell of miserable wind, rain and debt evasion!

Thousands of people went bankrupt in an instant.

Many speculators who went bankrupt and borrowed money to buy tulips, or used bank leverage to buy tulips, even jumped into the sea like dumplings.

Even big businessmen and institutions with strong financial resources were caught off guard and suffered a lot due to the large amount of bulbs they had hoarded.

In just one week, the entire "Low Countries" including several surrounding countries were in mourning.

Ding!

"cheers!"

Alvin and Levina, who were nesting in the remote control of St. James Palace, lightly touched the wine glasses. The harvest in just a few days was almost as much as the GDP of the principality that year.

It made an industrialist's heart waver.

It’s just that the feeling of wielding a sickle to cut leeks is really great!

However, things did not end there.

It was at this time.

Seeing that the land was completely devastated, a large number of innocent "flower farmers" and "plantation owners" quickly united.

Waving in their hands the trading contract signed when tulip prices were at a high, and a large number of tulip bulbs picked up from everywhere, they arrived in Antwerp.

The contracting parties and current contract holders, many banking groups and investment institutions, namely "Eye of Wealth", are required to honor the payment.

In addition to the 20% advance payment that has almost sucked up the working capital of "Eye of Fortune", the remaining 80% of the payment still needs to be paid as agreed.
Chapter completed!