Chapter 394: Cotton Epilogue
At the beginning of the 20th century, the biggest financial turmoil was completely formed on this day, which is also the most glorious moment of rubber, although it is not the highest price, but on this day, there are many people who live like a festival, and they can't buy rubber shares at all, and they bought it on this day, when the people share the joy of success, they hope to enjoy the greater results of rubber, so the weekend party is full of laughter.
But they don't know that the root of a crisis is here, quietly buried, in just three days, it will be detonated, Harpy has successfully got the funds out, part of it, he transferred it to Frankfurt and Paris market, for Europe that has a closer interaction, such a connection is a relatively normal connection, and the other part is exchanged for gold, before World War I, Britain was still the king of the world, the financial center of the whole world, is here in the United Kingdom, The pound sterling can be directly exchanged for gold, this amount is very huge, even if it is the identity of the Harpy's huge wealth, a lot of foreshadowing, in the end, it is only exchanged for less than one percent of all the income, that is, less than 500 million US dollars.
This is already a very large number, you know, 20 dollars in this world can be exchanged for an ounce of gold, 500 million US dollars, that is, 25 million ounces, 700 tons of gold, even the United Kingdom, also found anomalies, fortunately, Harpy took a lot of ways and springboards, it took a full year, otherwise, it would have been tracked down by the United Kingdom, and the British Ministry of Intelligence/Door was completely deviated from the direction.
However, it is more difficult to transfer the remaining funds, but fortunately, Harpy is not in a hurry. A lot of things, so I bought all kinds of minerals on the spot. means of production, and even machines. Even, they also bought a lot of old ships, most of these old ships are plans, this part, because of the whole rubber crisis, eventually affected them, they have no choice, will gradually sell these old ships.
Follow in the footsteps of Harpy. Other top finance also began to flee gradually, according to later statistics, in 3 days, at least more than 20 billion pounds of funds, from the rubber this single item, escaped from the British finance, the people's scattered funds and the world's speculators who were attracted to it, there is simply no way to undertake such a huge market, and even some financial forces have not completely fled.
After 2 days of gestation. Especially when more and more institutions discovered the problem and began to flee, a fight to escape officially began. On Monday morning, the price of rubber on the morning was rising rapidly. But it was quickly suppressed by a large number of sell orders, at first. Many shareholders and investors thought it was an example. But there is no end to the price of flowing down with the head, just like a high platform diving, falling down, just like an ancient Chinese poem, the flow goes straight down to 3,000 feet.
Most of the rubber stocks were cut in half, and in the news release, one bad news after another, came, either pests and diseases, or encountered force majeure and natural disasters, most of the rubber companies, and even began to enter bankruptcy proceedings.
At this time, even after the fact that investors also found the problem, when the bottom of the people and some small banks, consortium investors also joined the ranks, the price of rubber began to plummet, is the whole industry, the whole sector fell together, but also set off a huge storm, this day, later called Black Monday, entered the history of international finance, but for investors, all tears, rubber sector, the overall average decline is 55.5%, that is, according to the average, Today, all stocks have been cut in half, and the 10 stocks with the biggest declines, 6 of which are from stocks under the direct control of Harpy, have a maximum decline of 87%, that is, in one day, the capital has shrunk by one-eighth or nineth.
On this day, the whole of London is black, almost every high-rise building, there are people jumping down, the most 12 people jumped down, a total of 117 throughout the day, setting a record for the London financial market, since its inception, and in the next week, the decline continued, and the other sections that were dragged down slowly stabilized, and began to gradually regain lost ground, but the rubber plate, completely turned into a cemetery, yin fall, make up for the fall, until 3 years later, has not recovered its vitality.
For ordinary investors, it is a disaster, for the initiator like Harpy, it is a feast, huge funds, crazy returns, a certain amount of money, so that the entire British economy has suffered a huge blow, and the crisis that was once caused in Shanghai was directly detonated in the United Kingdom, and the destructive power has increased tenfold. Under these circumstances, how dare Harpy, the initiator, stay in England, he would have left for Germany a long time ago, and was protected by the German government.
The British government is not all hindsight, after the investigation, although there is no evidence, but a lot of the task chain points to the Harpy, but has received German protection, the most important thing is that the funds earned, the vast majority, are transferred from the United Kingdom by Germany, after adjustment, tens of billions of funds, for individuals, is an astronomical amount, for a country, especially the world's second largest economy, the most powerful European country Germany, after a few transfers, it came out, did not stay in the UK and was seized by the British.
Between Britain and Germany, there is a huge contradiction in itself, and Germany is the most willing to do the things that add blockage to Britain, especially Harpy in the later stage, contacted Germany, so that Germany in this feast, and got a piece of the pie, and intervened in the final stage, the strength of the great power is definitely not something that ordinary people can experience, even if it is only less than half a month. But it earned at least 240 million pounds of money, 240 million pounds, which in this era is equivalent to 100 Elizabeth classes, which is an extremely large amount of money, and it is really a boost for the German economy.
Because of the travel environment and information lag in this era, a week later, the news began to spread in other financial markets in the world, Paris, Frankfurt, New York, one by one in the financial market, rubber has become the object of everyone's shouting, and the rubber that countless people have sought after in the past has become a real garbage stock, no one wants to look at him more, and the loss is not as big as the UK, but it is also extremely considerable.
France, Germany, and the United States have also begun to set off a lot of fluctuations after the United Kingdom, and more or less people have jumped off buildings, such a global stock market crash because of one or a class of commodities has become a habitual phenomenon and a normal phenomenon that occurs every once in a while.
Shanghai is probably the last, although there are fewer people involved in rubber, but China is so big, not everyone is willing to devote themselves to the industry, there are really a lot of people involved, but with history, just Shanghai itself lost 50 million taels, some even directly invested in the London market, the loss of 30 or 40 million taels compared to the loss, it is really a lot less, the final loss is only more than 10 million, most of the people are their own money, there is no money and other interventions, the impact on the society is not large, At most, some rich people have completely lost their wealth, but some foreign businessmen have suffered huge losses.
Jardine did not get involved in the field of rubber, but the huge lethality of rubber for the whole of the United Kingdom, in the end, or affected Jardine Matheson, 4 shareholders located in the concession of Jardine Matheson, because of the huge loss on the rubber, decided to sell the shares of Jardine, and the British mainland, Jardine headquarters, because of the wrong investment and financial losses, directly fell into a desperate situation, at this time, before the call of a large amount of resources, for the confrontation with Baotou, 20 million horses of colored cloth, the price is not high, but only more than 10 million pounds, But at this critical moment, it is impossible to lose in China, and the sales are not high, and it has to compete with the Chinese, although I don't know what happened at this time, but to Europe and the United States, it is money.
The hard Bangbang's order made William unacceptable, and it took a lot of thought, and even under great pressure, he mobilized 20 million colored cloth to China, and was about to confront Baotou head-on, but he didn't expect that rubber caused a crisis, hateful, annoying, why is it at this time.
William will not know that the coincidence he is talking about, in a certain way, is an inevitability of others' guidance, Yang Yuanzhao even expected the current situation, so he chose to detonate the rubber, otherwise, in two months, the income he can get may be calculated in 100 million US dollars, but this is also very good, the capital market, is not smooth sailing, there is the vision and foresight of later generations, the layout on the rubber, together constitute such a situation, although Yang Yuanzhao is confident, In the confrontation with the British cloth, he had the upper hand, but it would take many rounds of fighting and confrontation, and the results that could be obtained could be easily solved, so why use such a difficult method.
Shanghai wharf once again busy, 20 million colored cloth, finally divided into two batches, one shipped to the United States, one shipped to Europe, when they completely shipped away, itself turbulent cotton market, become unfazed, opponents have run out, although Jardine is not willing to admit defeat, but in the cotton market, he is just a sense of storage zĂ i, Baotou's cloth began in Shanghai, the big city headed by Shanghai, dominate the world, every day more than ninety percent of the cloth is from Baotou, Baotou cloth and Xinhua cloth have become the new well-known trademarks of cotton cloth, and Britain, France, Russia and Japan and other cloths, until more than a year later, began to slowly recover and return, but it is a pity that Xinhua cloth has become a giant, at least based on China's giants, they simply cannot shake the Chinese market. (To be continued......) R1292