“… As for the larger banks, banks, bank accounts, etc., some have also participated, but generally they are not deeply involved and have a strong foundation. So far, I have not heard of any problems with any of them.
Moreover, in terms of business operations, they still prefer businesses that can sustainably earn profits, and are not very enthusiastic about this kind of risky speculation. Of course, there was also the madness of the previous night of the banknote incident, which made them not enthusiastic about this kind of speculation.
More resistant and cautious.
Furthermore, they actually have quite a few ways to get involved, and they don’t have to choose such risky moves, such as lending money to those who participate in silver speculation. Regardless of whether they lend silver dollars or foreign currencies, the time of withdrawal must be the same as the time of withdrawal and release.
If the currency is the same, as long as it can be recovered, you will not lose money and still make a profit.
Of course, in this business, some people choose to be more adventurous and some choose to be more conservative. Risk-taking means lending money without collateral or lending money at a high ratio. Conservative ones generally only do mortgage lending and only accept high-value real estate.
Factories, machinery, gold, silver and antiques, etc., and the loan ratio is generally not too high, and the target of the loan is relatively selective.
Others are those foreign banks, which mainly do gold and silver mortgage lending or exchange. Gold is a normal business, and silver is rarely exchanged normally. They usually lend foreign currency after mortgage. Most of the money for silver transactions in the market
That's how it came about.
However, because of the huge fluctuations in silver prices, the lending ratio is usually not very high. Moreover, as the silver price rises sharply, the ratio and approved loans are also decreasing. At first, they did not lend silver coins, but recently some foreign banks have started to
I lent out a small amount of silver coins, probably because I saw that the price of silver might fall.
But the banks that lend the most foreign currency are Japanese banks, but not many people dare to go to their banks to borrow, so I don’t know if a group of shackle banks have been opened on Lanshi Road to lend large amounts of Japanese yen to their banks.
Are you thinking of something wrong?
The proportion of their lending is very large, usually more than 90%, and after lending to buy silver, you can also mortgage and borrow again. Repeatedly, it should be the same as the leverage you mentioned, so it attracted a large number of crazy silver speculators to gather here.
They even opened a silver exchange there, allowing these people to trade silver directly there, without even having to deliver the silver, and just trade their mortgage contracts directly.
It is said that they directly purchased an entire alley. One end is a shop with various mortgage loans, and the other end is a banking office. Both sides of the middle alley are full of bank vaults that they have renovated and reinforced. They don’t know how much silver is stored in them.
I saw Japanese construction workers and materials for reinforcement and reconstruction going in and out all day and night.”
After listening to this, Lin Mo initially guessed that the Japanese were planning to raise the price, and I wanted you to pay the principal with interest! If you can pay it back, I might just earn some interest; if you can't pay it back, then the money will be enough.
It's all mine. Paper is exchanged for silver. I've made a lot of money with my blood!
Even if the price of silver falls, at least if I hold it for a while, there is a high probability that it will rise in the future anyway, at least it will not be too low. This is also the reason why other foreign banks have shrunk the amount of foreign currency they lend after the price of silver rose sharply.
Because the higher it goes, the greater the risk.
As for why the Japanese are so crazy, it’s because they are enemies with China. If you take away the Chinese people’s money, if you are from a public institution, you can definitely take credit for it. The money you lose is just a few pieces of paper.
Isn’t it worth the blow to the government?
There is no problem with private institutions. Those who can open banks in other countries are most likely to be behind the power of consortiums. Consortiums are most likely to be involved in politics. They can also use this as a political capital to make up for it from other places, inside and outside.
It won't be a big loss at all.
You said you use the borrowed money to exchange for gold and silver? What are you thinking? No! I applaud and welcome the purchase, but I am worried about selling it! So exchanging paper for silver will make a lot of money for the country.
Rhythm, that is, attacking enemy countries, exchanging paper for hard currency, and may even bring business.
If you really have to make a careful calculation, the people who suffer losses may be those cattle and horses that have been exploited, the consumables of the empire, and the great grievances of the military state! After all, shouldn't you be able to extract all kinds of benefits and cheap goods by squeezing them?
If you think about it carefully, someone might really be thinking about this. Of course, it would be better if you can make money, but with this support, you can be more open and bold!
"The question of money has been answered, but the silver that is the subject of the transaction, and the sources mentioned just now, should not be far enough to support such a huge transaction, right?" Lin Mo asked while flipping through the information,
Lin Zhenping nodded and explained: "There is also the high silver price in Shanghai. Many of the silver coins collected from all over the country flow into the silver market for trading. However, when silver flows into this channel, sellers generally only accept payment in gold or pounds and US dollars.
, Japanese yen, which no one is willing to accept.
There is still a lot of silver coming through this way, which has caused the gold price in Shanghai to rise a lot, but this is relative. Compared with the silver dollar, the price has dropped a lot compared to before, but this is also a relative situation, because in the past Shanghai
The price ratio of gold to silver dollar is higher than the price ratio of gold to silver dollar in other places, but now it has changed with the situation in many places in China.
Because the increase in silver prices is an increase in foreign currency prices, unless it is a city like Shanghai with convenient transportation and rapid information dissemination, the price comparison between silver dollars and other things will not be adjusted immediately, not to mention that the price of silver has risen so rapidly.
, the adjustment appears to be slower, and even some relatively closed areas may not see much change from beginning to end.
In this way, a lot of arbitrage space was created, and a large number of money dealers took advantage of the situation, but the change was from transporting gold in to sending gold back, and then converted it into silver coins and sent them to the Silver Exchange in Shanghai and other places.
The other source is that they were sold from abroad. You heard it right, they were brought over by foreigners. You should have heard of them last time you came here. They were silver dealers from Latin America at that time, and we purchased a lot of silver from them.
The investor is selling money continuously.
This chapter is not over yet, please click on the next page to continue reading the exciting content! What is even more incredible is that there is strange news from Mexico. The United States is originally buying silver, but silver is constantly flowing into Mexico from its own country.
, also because of this news, even if we think that the price of silver may break one dollar, it does not prevent the other side from short selling, but we are not sure that the news is true, so we are very confused. Of course, the main reason is that we don’t have your vision.
.
When the silver price rose slightly at the beginning, David's argument was that he would sell it immediately if he had the opportunity. There were too many piles in the warehouse of the mining company, and he would be safe. After the silver price here opened up a small gap with foreign silver prices, he said to sell it again.
When going to the United States, you need to bear a lot of taxes and fees, and you also have to be suppressed and obstructed by local real estate and banking forces.
When the silver price opened up a big difference, he said that he was just a man in the middle and wanted to make some profit from it. Anyway, he was full of lies. It took a lot of time and cost to transport it all the way. I don't believe that they would make a profit here at a loss. Now
He opened the cash register again and said he would transport it back to sell it, but he didn't know what he was doing."
After hearing this, Lin Mo frowned, put down the information, carefully considered it for a moment, and replied: "What David said may not be a lie. At most, he did not reveal everything he knew."
After saying that, Lin Mo quickly rummaged through the piles of information at hand and found out all the relevant information, which further strengthened his guess.
"The strange news about U.S. silver being exported to Mexico is probably true. It is probably due to those in the U.S. who hold a lot of silver spot. Seeing that the government has not officially purchased silver, the silver price has exceeded the minimum silver purchase price.
This is the price at which silver is forced to be purchased.
They may have expected that the government would still forcefully purchase silver at this price, and it may even be a tacit understanding or even collusion in itself, so they transported the silver spot to Mexico, a nearby large silver-producing country, in advance to avoid being purchased at low prices."
After Lin Mo finished speaking, he carefully looked at the chart he drew. After carefully comparing some data, he touched his forehead and rubbed his temples, feeling a little surprised.
“The silver that has been transported is probably some that don’t hold too much silver, such as some medium-sized mining companies, medium-to-large smelting companies, silver jewelry production companies, etc., which have a certain amount of silver on hand, but not a huge amount.
The large investors who really hold huge amounts of silver spot may have directly converted the silver in their hands into contracts in the trading market, and turned it into silver that is circulated and traded in the international silver market, thereby removing the silver in their hands from the scope of forced silver purchases.
Internally removed.
Let me correct you. The large fluctuations in the price of silver at 60 cents may not only be caused by someone controlling the accumulation of funds, but also the reason why they are selling a large number of new contracts here. It is estimated that we bought a lot of position contracts, so
There are these people throwing out.
They should have held a lot of silver spot early on. The price was already quite attractive to them, so after opening the contract, they sold a large amount to make a profit. Of course, it is not ruled out that this move was for the government to purchase silver.
Silver prices are depressed.
It not only prevents the silver in hand from being forced to buy at a low price, but also makes a profit to clear part of the position at an acceptable price. It can also control the silver price for the government, reducing the trouble of forced buying later, and taking this opportunity to obtain political resources.
Or trading, if we don’t get a lot of chips by accident, the silver price trend will probably change.”
"So, our transaction has offended a lot of people? Even the US government has been offended. Let them know in the future..."
"...So what..." Lin Mo waved his hand directly and said: "Is it possible that he still wants to seek revenge from us? What happened has happened and passed. If you pick it up again, do you feel that this stain makes you proud? Or do you still dislike it?
Not enough troubles and want to add new ones?
Politicians and capital businessmen are not as irrational as you think, and they rarely do things that are not beneficial, including this. Of course, the premise is that you have enough strength.
Therefore, it is natural to be happy after getting so much money, but you must understand that this is just the beginning, and the subsequent work is the key. If you cannot really convert this paper into useful capital, then it is just in your hands, stay for a while
That’s it!
You have sufficient capital and strength, so why are you seeking enmity or causing trouble? If you mess with me, your opponents will come to win me over. Things have already happened irreversibly, and you still want to push me towards your opponents? Isn’t this stupid!
The correct answer is to stop losses in time or even work together."