Lin Mo explained the problem to Lin Zhenping. This situation will not have much impact on the national government. The United States also has many interests in China. There was also a silver agreement before the bill. The Americans violated it first, and there was no proof.
What is being relied upon is called slander, and even this can be regarded as a small bargaining chip.
In layman's terms, you just have to be a scapegoat for a while. When the public opinion subsides and the matter is almost over, they will come out to refute the rumors and clarify them. They may even give you some benefits to stop making trouble. However, the public opinion has long since passed, and some people want to
It is difficult to stir up much trouble by making a fuss. It is also common to find a target to deflect, and then explain it after the heat is over.
"I just heard you say that other people don't want Japanese yen very much. Is it true that a lot of the Japanese yen that flows out goes into the hands of David?" Lin Mo continued to ask.
"Absolutely!" Lin Zhenping nodded and explained: "The silver spot he transported is accepted for purchase in Japanese yen. According to what we have learned, there are many Japanese expatriates immigrating to Latin American countries, and many of them like to go to their countries to do business.
Remittance, so there is a lot of local demand for Japanese yen.
According to what David revealed, his family has channels to provide Japanese yen to individuals, companies and even countries with remittance needs. However, using Japanese yen to purchase silver requires an additional fee. Initially, one to two points will be added depending on the amount of the transaction.
, later it will be changed to a fixed point. If the purchase volume is very large, it can be discussed as half a point.
There should be no problem in accepting Japanese yen. At least David should not be involved in the Japanese conspiracy. He should not be able to spend the Japanese yen directly, but there are channels to exchange it. The overcharge may be to prevent exchange rate changes and
That’s the cost in the middle.”
Lin Mo nodded, but he was keenly aware of the blind spot, which was that the Japanese yen was taken away from David, which meant that not much of the lent Japanese yen remained in Shanghai.
This means that even if those speculators who lent out Japanese yen make profits and leave the market after rising silver prices, it will be difficult for them to repay the money after converting the money into Japanese yen in the market, and the Japanese yen has insufficient international liquidity.
It is strong, and it is difficult to exchange enough yen in other people's hands.
As for the Bank of Japan, there is definitely no shortage of yen, but will they easily exchange it for you? You must know that they are standing behind the lenders. How will they easily give up such a good opportunity to eat you up with interest?
Lin Mo didn't believe that they could be so kind. Of course, the opponent would definitely not attack directly in the early stage, but once problems broke out, they would wield their sickles to take advantage of the situation and reap the benefits.
But that’s not right, either. Whether you use Japanese yen to buy silver from David, which causes the Japanese yen to flow abroad, or you use other currencies to buy silver from abroad or domestically, silver coins will largely remove the loaned currency from the silver trading market.
The process of outflow and exit trading.
In other words, the problem of trading currency in the silver trading market has not been solved. How can we trade currencies other than silver? But now the market is operating normally and no corresponding problems have been reported, which means that this currency actually exists.
.
But where did these currencies come from? In a silver-standard country, investing other currencies into the silver market for circulation transactions, no matter what method is used to inject money, means bearing the risk of rising or falling silver prices.
The mortgage is most likely to be a mortgage of silver, or a mortgage of items denominated in silver coins. Since the loan is in foreign currency and the price of silver fluctuates, the value of these collaterals denominated in the currency in which they are lent will naturally fluctuate, so they must also bear the impact of fluctuations in silver prices.
.
For currency exchange, other foreign currencies can also be bought and sold normally. What can be exchanged is naturally silver coins. The essence is the same as silver mortgage loans, which will definitely be affected by fluctuations in silver prices. If funds are provided without collateral, people may not repay if they lose money.
If you are unable to repay or run away with the money, you will also indirectly bear the risk of rising or falling silver prices.
With this money, you have to bear the risks brought by others besides the rise and fall of silver prices. There is no news in the market, which means that it is done in private. This is not like those big companies and banks that can use some means to protect their own interests. If they do this
Why not invest directly in silver? It just means there is another purpose and conspiracy!
Moreover, as the price of silver rises, the scale of the silver trading speculative market expands, and the amount of funds required for transactions will also increase. Up to now, the market is still functioning normally, and it can only be said that the conspiracy is definitely not small.
"Uncle Ping, what kind of foreign currency is mainly used in silver trading and silver speculation in Shanghai now, or which foreign currency is used more often?"
Lin Zhenping was a little puzzled, but he still replied: "Of course it is the Japanese yen. It is used in most silver transactions. Japanese yen is the most lent. Naturally, there are more foreign currencies in the market."
Lin Mo nodded and continued: "The amount of silver that David sent over is roughly the amount."
"...I will estimate..." Lin Zhenping calculated in silence for a while and replied: "The quantity is really not low. It is estimated that it accounts for several percent of the silver traded in Shanghai. The remaining half is the inflow of silver into Shanghai and all over the country.
market traded.
It was less at first, but later when the cargo ship docked, it basically unloaded dozens or hundreds of tons. It is estimated that at least one worth tens of millions of yuan had to be transported before and after, maybe even more. What's wrong? There are
What’s the problem?”
"...It's not a big problem..." Lin Mo shook his head, but he already knew in his heart that there must be another group of people he just guessed, hiding behind the scenes and plotting something secretly, and there is a high probability that they are Japanese.
"Uncle Ping, do you have any data on Shanghai silver trading and speculation, such as prices and transaction quantities? If so, provide me with a copy."
"...Yes..." Lin Zhenping nodded and replied: "We have paid close attention to collecting relevant information, but it is not very complete. The main reason is that the market is too chaotic and disorderly. Many trading venues do not publish these data, or the data is unreliable. This
It’s not deliberately false news, but they themselves don’t have clear statistics, let alone there are a lot of over-the-counter transactions, etc. Apart from the fact that the prices are relatively accurate and useful, the rest can only be looked at.”
Lin Mo nodded to express his understanding, but he was also a little troubled by the situation. He could only take it and take a look at it first. It would be best if he could see something fishy. If he couldn't see it, he could only think of other ways.
Lin Zhenping made a phone call. After a while, the secretary just came over and knocked on the door. Lin Zhenping opened the door and took the information in. Lin Mo flipped through it and found that it was quite messy and hadn't been sorted out much, so he had to put it back first.
Take your time and read it, you will see that it is all information that does not involve the Lin family, so there is no need to read it here.
"By the way, Uncle Ping, since the price gap between Chinese and foreign silver prices has widened, is no one transporting silver abroad?" Lin Mo continued to check the previous information and also asked about other situations.
Lin Zhenping heard this and replied: "Someone had asked for it earlier, but at that time the price was not too high. In addition, the increase in domestic silver prices was not that low. There are still shipping costs and other expenses when selling abroad, and the place of birth is not the same."
I'm familiar with it and don't want to take the risk.
As the price difference continued to widen, many people in China were interested in making plans, and some even shipped out some fighter jets and explorers. However, at first, some foreigners who were willing to join in, but stopped making any move, and there was probably no movement among them.
The reasons you analyzed before are...
Later, the price of silver rose too sharply and rapidly. Although the price difference became even wider, no one mentioned it because it took a long time on the road. If you negotiated the price first, maybe
When it arrives, the price here will rise to that level.
But wait until you get there to negotiate the price. The journey will be too long. When you get there, the price may have gone up in a completely different way. The person you negotiated with may have regretted it. Regrets are okay. What you are afraid of is that people will bully you and punish you.
Let you lose all your money.
Or the silver price suddenly drops halfway, and you don’t even have the chance to recover the loss as soon as possible. What if you negotiate a good price here and pay off the money? Then at which price should you buy and sell? At that price, people will
I might as well buy it myself over there! At the price here, I might as well just sell it in the market! At the price between the two, if the other party pays now, I might as well go to the market here and buy it at a lower price.
Enter, so there is no movement behind.
The main reason is that the price of silver has risen too sharply, and due to various other reasons, no foreigners or foreign forces are willing to take the risks, and these domestic speculators do not have the ability or courage to take the risks, so they simply just play domestically.
, of course, there must still be silver being transported out, but the current quantity is still relatively limited."
Lin Mo nodded. He recognized these situations. There was nothing to say about the first two points. The third point was that the price of silver rose too sharply, which made many people feel unsure, or they did not dare to move because they had a bottom.
.
The price range of hard currencies such as gold and silver is actually very limited. In a normal trading day, a rise or fall of one or two points is very significant. Even if they say it is skyrocketing, in fact it increases in a single day.
It's probably within this range.
However, they could not sustain this increase for a long time. In this life, the Lin family entered the market early and continued to buy chips from the market, causing the price of silver to start rising early.
Although the increase was still very small at that time, it could not maintain a stable upward trend for a long time. It must have attracted the attention of many investors, especially investors like Changsan. The entry of these people started a larger upward trend.
, thereby attracting more funds of all types to enter the market, and the cycle repeats.
It snowballed bigger and bigger, and eventually quantitative changes led to qualitative changes, which kicked off the skyrocketing price of silver. Although various forces entered the game to disrupt the situation, the current situation is still an inertial extension of the basic market.
However, the big forces and funds from all parties are very clear that this wave of gains does not have enough support. All parties have not fully entered the battle to raise prices, favorable policies have not been fully implemented, and all parties have failed to extract sufficient benefits.
The forces are ready to move, and even as the silver price continues to rise to a high level, the basic market that once drove the price rise has also turned into a huge profit margin, which may give the silver price a fatal blow at any time.
Big funds that have been immersed in it for a long time can foresee the decline in silver prices. Even big funds that enter the market to raise the price of silver have the intention of raising the price of silver to a high level as soon as possible, making the support for the price of silver even more inadequate. At the same time,
Buffer to remove the inertial momentum of its rise, and then smash the market to make a profit or smash the market to bring the silver price back to its original state to create entry opportunities, lest the silver price rises to a certain level, neither rises nor falls, and is half dead.
This caused them to miss this opportunity to make money.
Those who can do cross-border gold and silver trading are either big forces themselves, or they are manipulated and controlled by big forces like David. They know this clearly, and they are stupid enough to buy when silver prices are high. Although there is arbitrage,
However, the silver price may come to an end at any time, and the journey takes a long time. If it really crashes on the way, then there will be no loss of blood? It is better to keep the funds and wait for the silver price to fall! The profit margin is even greater.
It is safer, so even though the price of silver has skyrocketed and there has not been a large outflow of silver for the time being, it will not last long. If there are benefits, some people will take this risk.