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Chapter 32 Expectations and People's Hearts

Facing the three curious babies in front of him, Zhao Ran had to explain in detail.

"What is our auction house auctioning? This is the first question you need to figure out! I can tell you responsibly that the goods are not what we want to auction, because the goods do not belong to us, so what we value

It’s not the goods themselves, but the transaction price of the goods. The higher the price, the more auction fees we extract.”

"Then what do the people who come to our Jinbo Auction House to bid for bulk goods buy? This requires a detailed analysis of the specific situation. For example, Mr. Yeli Xiaohou, you took a photo of the Dawan horse before, and it was for your own use.

So what is being purchased is the Dawan horse itself.”

"Now let's talk about the snow lotus. The merchants who came to bid for the snow lotus, did they buy the snow lotus? Obviously not, they bought the snow lotus at the price, and then planned to sell it at a higher price. This is the purpose of their bidding.

.Such a purchasing purpose can be called speculation or speculation."

"Since it is for speculation, how is the price of the speculation determined? I can tell you that the price of speculation has nothing to do with the value of the goods, but is only related to expectations. I expect that it can be sold at a higher price, and the bidding for speculation will be

If it goes up, I expect that the goods may not be sold and the hyped price will fall.”

"Okay everyone, let's say you are a speculator. When you hear that the auction house is closed, you will not be able to sell the goods for the next half month. What is your expectation for the price of the goods at this time?

The auction house will reopen in half a month, do you want to get rid of the goods in your hands?"

Liang Xingxia and Gao Yanei suddenly realized it and clapped their hands and praised it. Yeli Huaide was a bit rough-minded and had not yet turned around. So Zhao Ran further explained: "Little Marquis, if a snow lotus with a market price of ten taels and an ingot of ten taels

I put money in front of you and let you choose, which one do you want?"

"Of course it's silver!"

"Why?"

"Snow lotus is not worth ten taels of silver."

"Then how is Xuelian's market value determined?"

"It was bid at our auction house."

"Very good. Now that the auction house is closed, can Snow Lotus still get so much silver?"

"Of course not."

"So, this is what you can expect after the auction house is temporarily closed... Just wait for the auction house to reopen in half a month. I really can't imagine how much money Li will spend to support the market. Lao Liang,

Remember to put the Kunlun Mountain Snow Lotus we have in the first batch of auctions!"

The Li brothers thought that by temporarily closing the auction house, they could buy time to raise money. However, while gaining a period of time, they lost more important people's hearts.

In the world that Zhao Ran traveled to, this kind of suspension of transactions has a name - circuit breaker. Its effect has been proven by the world, and Zhao Ran can only hehehehe.

Zhao Ran lived a very happy life in the next half month. During the day, he had a lot of fun and chatting with these dudes. At night, he continued to practice his own Innate Merit Sutra and the Nine Heavens Xuanlong Great Master.

Forbidden skills. He even followed Gao Yanei and played a game of chess with Princess Rou'an.

It's not that Zhao Ran's power thinks that playing chess with a princess is so high and mighty. He has entered into spiritual practice and has no interest in secular power. What he finds interesting is that whenever he thinks of his hidden identity,

I find it particularly interesting - if you have been able to get through the dark side to this point, is it worthy of the honor of being the Ming Dynasty's number one spy?

With a few leisurely days, Zhao Ran sorted out the relevant information about the Xixia court that he had come into contact with during this period, and used code words to send out three flying talismans in succession.

One is related information about the Queen Mother Liang returning power to the small country leader Li Qianshun, such as which steps have been carried out so far, a total of five pieces of information.

The second part is an analysis of the current balance of power between the descendants and the royal family in the Xixia court, such as who is the descendant, who is the royal family, and who is the centrist, a total of thirteen articles.

The last one is related to the logistics preparations of the Xixia Privy Council, such as how many war horses, how much armor, how much food was transported on a certain day of the month, how many sergeants went to the Baima Mountain War Zone, the Blackwater War Zone, or the Ganzhou War Zone, a total of nine items.

Dongfang Li had made an agreement with Zhao Ran before. His task was to set up the inn and, when necessary, do a good job of cooperating according to the requirements of the spy who broke into the Golden Needle Hall. Now the Jinbo Club has been It was successfully established, but no request for cooperation has been received so far. The six-month period has already expired, so he can actually return.

Zhao Ran is confident that after this information is sent back, it will be worthy of his status as a "secret agent", and he has overfulfilled his mission. The next few days will be spent waiting for the next successor and making some money on the way.

Jinbo Auction House posted the latest notice, announcing that it would be closed for half a month due to relocation.

As Zhao Ran expected, people can think. The smarter a person is, the more he likes to explore the truth behind the incident. There is no need for Gao Yanei and others to deliberately spread gossip. All kinds of gossip are already all over the sky. Flying around.

The holders of Snow Lotus in the market felt unparalleled fear. Some said that Jinbo Auction House angered senior officials and was banned, some said that several owners of Jinbo Club had irreconcilable conflicts and fierce internal fighting. It is said that the owner was expelled because of his identity as a businessman, and it is even said that the Jinbo Club is on the verge of bankruptcy due to lack of funds...

No matter which statement is made, it is extremely detrimental to the merchants who hold snow lotus. Countless people linger at the door of Jinbo Club every day, hoping to get some news about the auction house so that they can decide at what price they will sell the snow lotus in their hands.

Snow lotus is not gold or silver, and its price should be determined by its medicinal value and market supply and demand. However, due to speculation, the price has long deviated from the normal selling price, and it relies entirely on people's expectations to support such a high level.

As Jinbo Auction House went out of business, no matter what the reason was, snow lotus holders suddenly discovered that the snow lotus in their hands could not be cashed out for at least half a month, and it was unknown whether they could be cashed out after half a month. This recognition This immediately caused panic in the market. Is the snow lotus that cannot be cashed still valuable? Obviously not!

This is the serious consequence of stuck currency liquidity.

Now it is no longer a question of whether to sell it or not. The question now is, can I be included in the auction list at the next auction? What is the appropriate price for my snow lotus?

The consequences of the closure of Jinbo Auction House were immediately reflected in major drug stores in Xingqing Prefecture, causing the price of snow lotus to drop.

On the day after they closed, the water prices of snow lotus in Hui'an Hall, Jimin Hall, Liji Drug Store, Huichunfang and other drug stores all dropped to varying degrees. Especially the price of Tianshan Snow Lotus suffered the biggest setback, with the retail unit price falling from 25 taels to 25 taels. 18 taels.

The retail unit price of Kunlun Mountain Snow Lotus has also dropped from 35 taels to 32 taels.

On the third day of closure, Tianshan Snow Lotus dropped to 16 taels, and Kunlun Mountain Snow Lotus dropped to 30 taels.

Li couldn't sit still anymore, so she urgently used the 20,000 silver she had on hand to buy goods from major drug stores, so that she could maintain the price.

On the fourth, fifth, and sixth days, Li continued to scan goods.

On the seventh day, Li's investment of 20,000 taels of silver was exhausted. The price of Tianshan Snow Lotus dropped to 15 taels, and the price of Kunlun Mountain Snow Lotus dropped to 28 taels.

Zhao Ran was directing the servants to organize and decorate the courtyard in the East Cross Courtyard. This courtyard was the residence of a small nobleman of the Xifeng family. The young nobleman was unwilling to move - it was so nice to be next to the Jinbo Club, who would be willing to move?

?But he couldn't stop Gao Yanei's efforts, so he vacated the house after shamelessly asking for a free membership card. Of course, Jinbo Club did not bully him and paid him 260 taels of silver at the market price.

This is the new location of Jinbo Auction House. It is next to Jinbo Club, but it is an independent courtyard, which just meets the requirements of Princess Rou'an.

Seeing Gao Yanei and Yeli Huaide coming in together, Zhao Ran teased Yeli Huaide: "Good morning, Yeli, little marquis, why haven't you gone to Baima Mountain yet?"

Yeli Huaide chuckled and said, "Just two more days." Zhao Randuo, the top official in the Gao Yamen, had asked for 30% of the members of the Jinbo Club. This was not what he wanted, and one of them was bought by him a few days ago.

He took it out and sold it to Yeli Huaide for one thousand taels, which was like giving it away for free. The money has been entered into the public account of the club, and now Yeli Huaide is also an important shareholder of the club.

Gao Yanei pulled Zhao Ran and laughed happily: "Brother Cheng, someone came to visit my father late at night yesterday. Do you know who it was?"

"Um?"

Gao Yanei laughed so hard that he held his stomach and couldn't stand up for a long time: "It's Fei Tingqingxia, Fei Tinglao Zhongcheng! Do you know what he begged my father to do? Haha, he begged my father to reopen the auction house quickly! Haha,

Ha ha ha ha…….."


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