Chapter 1113 - 1111: Silver!
Chapter 1113 - 1111: Silver!
It seems like everything is getting better.
Akumal’s ideas have shown the way forward for the future of world peace, the global economy is recovering, the market demand has once again increased, as if everything has returned to ten years ago...
Suddenly, exclamations erupted from Bupen’s futures exchange, even passersby on the street were drawn in by the excitement.
They stood outside watching for a while.
No one came out pulling each other’s hair and fighting, nor did anyone fall from the rooftop, leaving the onlookers a bit disappointed as they left.
Yet, those who cried out in shock continued to maintain their astonished appearances.
"Silver is up again!" A stockbroker, phone in hand, paced back and forth in the corner, his face flushed red with excitement.
This morning alone, silver prices rose by three percent. Do not think that three percent is a negligible amount.
Keep in mind, those who play futures often leverage their investments, twice, five times, or perhaps even ten times.
At this moment, three percent means six, fifteen, thirty percent for those leveraging their investments!
What business can yield 30 percent of the total investment in a morning?
Nothing!
This is why finance can often drive people to madness; the wealth many strive for all their lives, could perhaps be achieved in mere moments here.
All it takes is a special offer, then hold on for a while, it’s just that simple!
"Now is a very good opportunity to buy in, you have already missed previous trends, understand?"
"If you had done as I suggested before, invested a hundred thousand, and then I found someone to leverage four times the funds for you, you might already have fifty to sixty thousand now!"
"You missed the best opportunity, now another good chance has come. If you miss this one too, I suggest you cancel your account, take your money back to the countryside for retirement!"
Persuaded by the stockbroker, the gentleman on the other end of the phone seemed convinced.
Facts, are what truly move people, and also what most make them regret!
"Well... alright, you have to ensure it’s safe!"
"You’ve chosen the most correct answer; soon you will be a millionaire, sir!"
The stockbroker hung up the phone, casually filled out a form, and handed it to the counter.
Then the scrolling bulletin board displayed some changes in the trade situation, indicating that his client had invested all of their hundred thousand retirement money into the market.
And with the help of the bank, leveraged, used a hundred thousand to purchase the quantity normally requiring four hundred thousand.
This is the allure of leveraging, you can use one dollar as ten, as a hundred.
One dollar’s one percent and a hundred dollars’ one percent are never the same, and people only need to pay one dollar to enjoy this!
The broker bore no risk himself and took a three per thousand personal commission from the trade, plus one percent for the company, and another one percent for the exchange.
The bank, bearing some risk, naturally also charged a certain fee.
In other words, after this transaction the hundred thousand became slightly less by more than two thousand dollars; this is how financial companies, exchanges, and stockbrokers make their money.
When they clear positions, that is during the sale of financial products, there will be another cut.
Why are some female stockbrokers willing to use various means to convince clients to open accounts and purchase financial products or engage in financial transactions?
Because behind every transaction, they can continuously earn commissions, and guaranteed profits!
If a broker hypothetically manages dozens to hundreds of accounts, with a total of one hundred thousand altogether, if he/she can convince clients to transact within a month, that’s six thousand income for the month.
What job can be easier than this one, yet pay so much?
Every day they enter and exit major exchanges, various financial settings, wearing the most fashionable clothes, sharing success with others like the elite. Once you get into this life, it’s hard to leave.
Every financial industry worker in Bupen always believes that they’ve already grasped the key to the door of happiness!
The broker then picked up the phone again; he needed to urge his clients to transact more, only then could he gain enough earnings.
As for speculation making money... he can only say he’ll try to recommend some good plans, but if bad luck brings losses, it’s not his issue.
Speaking of today, silver is a good choice.
The phone was soon connected again; he repeated what he had just said, but added something not mentioned before—
"I have insider information, this afternoon or tomorrow silver will have another big movement, I’m not joking, do not tell anyone!"
Soon after, with the client’s authorization, he signed another form, secured two people, already earned over four thousand, and by evening when the market closes, the company will calculate these results into his monthly performance.
By the end of the month, he can get this money.
In the exchange, everyone seemed to be in a state of frenzied excitement, which is understandable.
When something worth one to two dollars climbs to several dozen dollars, continuing to rise substantially, it’s enough to drive everyone crazy!
A tenfold increase plus leverage, if someone bought silver from the start, now their assets might have grown dozens or even hundreds of times!
This is not an impossible thing, for example, the Charlie siblings who led the silver surge, no one knows exactly how much they earned, only it’s an astronomical figure, incomprehensible.
The Charlie siblings had no renown in the international finance field until they started trading silver; overnight they gained great fame, and also a frightening wealth.
No one knows how crazy silver will get, each stage some seem like the only clear-headed ones and come forward to tell everyone it’s a trap, a financial disaster, but no one truly thinks so.
Because it’s always rising, its continuously climbing price renders all speculation and claims colorless!
The broker picked up the phone, planning to dial a third client, when he turned he saw the newspaper again—"...-country announces it will issue new currency using silver as the unit of approval."
There was a subtitle below—"Gold may lose its current status!"
The report returned that a small country is seeking more active international trade and exchange, but despite its currency lacking purchasing power, it doesn’t possess significant gold reserves, currency cannot be pegged to gold.
Yet it has a sufficient amount of silver, along with the silver price’s continuous rise, this small country decided to issue a silver currency, and use it as an international circulating currency.
This news, once published, ignited the global silver market; it’s the first country to announce abandoning gold for silver, signaling a developing new trend.
Once more countries begin using silver to replace gold’s status, silver’s value will become greater—at the forefront.
For small countries, they would wish silver’s price higher and higher, thus making their currency stronger, appreciating daily; in this way they gain greater advantage importing goods.
The change this news brings to the international community far transcends what people can see.
"Why would this... bloody country I’ve never even heard of abruptly enact this policy?" Charlie (Brother) pondered, sitting on his silver throne, gazing dazedly at the multitude below him.
He wasn’t blindly optimistic; with furrowed brows, logically speaking this is good, but also not good.
Charlie (Brother), appearing around forty, aristocratic, donned in neatly sophisticated traditional styled noble attire; unlike Federation’s loose comfort, or Gafura’s meticulous fashion.
It possesses its unique style, distinct from the previous two types, offering a particularly distinctive feeling.
The long-term wealthy life gives him the look of merely thirty, while Charlie (Sister) appears even younger, seemingly around twenty-four, five, six, seven, or eight.
The pair have always been protagonists in various rumors; most widespread is that their relationship surpasses sibling limits, reaches an intimate level.
Such an issue enough to drive an average person to suicide under public scrutiny, isn’t a problem for the wealthy.
No one criticizes them for taking that step; these things don’t matter to people.
Those truly spreading this gossip are the social stratum’s lower tier, only they show interest in celebrities, the wealthy, and politicians’ privacy.
Charlie (Sister), twirling hairs around fingers, peruses some investigation results, "Don’t be upset, this exceeds our plan some, yet indeed it’s also a signal."
"People’s expectations for silver grow higher, even alerting a country’s regime, is this not exactly what we want?"
She closed legs-held document, glanced at brother, "This price... nearly reaches our ideal price point; should we also act?"
Charlie (Brother) shook his head, they managed the silver surge not just due to some aligned traders quietly becoming their strangest allies, additionally for some investing in.
They signed numerous betting agreements with international hot money, and some wealthy big capitalists...
They must win!
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