Chapter 1027: A thrilling game
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Chapter 1027 Thrilling Game
After the meeting, An Yi had a simple working lunch with everyone, and asked Gong Qian to accompany him to visit the group of professionals who came back from the United States. Pen % fun % Pavilion www.biquge.info
With the end of the Spring Festival holiday, 50 international students came to Syria to report and then assigned to various research institutes, government and financial departments.
Among them, Peng Jialian got her wish and served as the director of the Petrochemical Research Institute; Ding Molan undertook the important task of establishing the Institute of Electromagnetism, and only waited for Tesla to return from the United States to abdicate and make way for Xian to carry out systematic research; Tyumen Xuan entered the Institute of Mechanical Engineering to engage in engine research; Zhang Ruyi entered the South Sichuan Pharmaceutical Factory as a chief researcher; Zhu Yuning entered the Firearms Research Institute; There is also a machine tool genius, Han Chengfu, who directly entered the machine tool factory as an engineer...... It can be said that everyone is assigned to the most suitable position according to their own expertise, and no talent is wasted.
As soon as he walked out of the building, Shen Fengdao leaned in and whispered that Zhou Chongan and He Jing had come from Shanghai and were at Xiyuan's house at the moment, wanting to report to An Yi about the silver operation. During this time, although An Yi paid some attention to the silver market, his attention was more focused on the Sino-British dispute and the reckless actions of the Japanese.
An Yi explained the situation to Gong Qian apologetically, and when he saw her disapproving smile, he thought about it and simply let Gong Qian go home with him, listen to Zhou Chongan and He Jing's explanation, and let Gong Qian, who is in charge of intelligence and scientific research institutions, have a clear understanding of her family background.
Gong Qian did not refuse, in fact, she would never say "no" to An Yi's request. After returning home together, An Yi finished greeting Zhou Chongan and He Jing, and invited the two to the study, where he and Gong Qian listened to the thrilling silver operation experience in the past month or so.
At the end of February, the streets of the United States began to appear sporadically with cash in hand, at a price beyond the market of one percent of the frenzied purchase of silver jewelry, only a few days later, a lot of people with a keen sense of smell also joined in, not long after the streets and alleys were everywhere squatting on the ground, in front of the cardboard marked "silver jewelry purchase" people, and then a radio station in its news program revealed that Congress intended to pass a bill to promote the rise in the price of silver, the major news media quickly followed up, proved that there was a matter, and soon Chicago, Futures markets in New York and London reacted, and silver prices quickly rose by 5 percent to a multi-year high of 39 cents an ounce.
At the same time, most of China's business people from the beginning of January silver shortage to get a glimpse of a clue, have rushed to buy hoarding silver, with the United States news reports into China, silver hoarding has become a huge trend, Shanghai, Hangzhou, Nanjing, Nanchang and other cities have appeared a new kind of shops - silver dollar stores, as long as you have the ocean, after entering the shop, there will be a person to more than half of the market value of foreign currency to you to exchange the ocean, and these exchange of dollars, pounds, yen, etc. All the goods are genuine, so soon, the domestic silver price suddenly premiumed by nearly 20%, and the rise in silver seems to have become an irresistible trend.
In contrast to the rise in silver, prices in the Yangtze River basin and coastal provinces have depreciated rapidly, and some fixed assets such as factories, real estate, and fields have been sold off in order to extract silver, and the crisis faced by industry and commerce has suddenly become severe. In Northeast China and North China, because the Kwantung Army wanted to maintain the credibility of military tickets and forcibly lowered the proportion of silver exchanged for military tickets, the trend of silver from the south to the north was rapidly reversed.
The global silver price broke through the exchange rate with the US dollar every day, and by the time the market opened on March 5, it broke through 42 cents an ounce in one fell swoop. In the absence of major positives, the price of silver hit such a high price, beyond everyone's expectations, including the United States, the United Kingdom and other major capital countries are surprised by the sudden rise in silver prices, those who invested in silver speculation in the early stage, made a lot of money, but more people are full of caution about the unpredictability of the market.
Although Chiang Kai-shek and Kong Xiangxi and Song Ziwen, who were in charge of the economy, knew through different channels that the United States might pass the silver bill, understood that silver might rise wildly in the coming period, and hoarded a large amount of silver to cope with the crisis, this wave of rising momentum still made them a little helpless.
If it weren't for the decisive victory in the war in western Yunnan, and the encirclement and suppression of the Red Army from all walks of life, which made Chiang Kai-shek feel very happy, otherwise he would have been furious during this period, scolding "Niang Xipi", but the signs of depression in domestic industry and commerce with the soaring silver still make people worry.
Chiang Kai-shek sent people to thoroughly investigate the reasons for the increase in silver prices, and on the other hand, he sent a personal letter to US President Roosevelt, asking him not to pass this bill that harmed China's interests.
In Northeast China and North China, because the Japanese government was suspicious of the sharp rise in silver, the Kwantung Army asked for instructions from the country for a long time but did not get results, and the ratio of military tickets to silver dollars has not been able to rise, resulting in silver not entering but leaving, although the Japanese government later woke up and authorized the Kwantung Army Command to adjust the exchange rate on its own, and the Japanese army subsequently raised the purchase price of silver dollars several times, but the strange thing is that the military tickets without capital management still did not catch up with the pace of silver rise, and a large amount of silver continued to be lost.
The price of silver continued to rise, reaching a high of 47 cents per ounce on March 9, and while this is not a bad thing for the silver miners and silver speculators represented by the American silver group, the surge in silver prices is seriously out of the control of these people, and everyone is full of doubts.
You must know that the reason why these silver mining capitalists and speculators have to ask the US government to pass the silver purchase bill is because it is not enough to make the silver price appreciate too much by relying on market forces, and there are people in the silver market who buy and fall, and the power of either party is not absolutely strong, so they can only resort to the passage of the silver bill, so that the US government will become a buyer with absolute power, which will give the silver price a fundamental guarantee and help.
However, at this time, before the silver bill was passed, the price of silver began to rise in a straight line, so that although the silver interest group was encouraged, there was also a sense of crisis out of control.
By the close of the Chicago Board of Trade on Friday, March 16, the price of silver had outrageously broken through the high of 50 cents per ounce, and almost all speculators were crazy, all of them were desperate to plunge into this vigorous silver buying war.
In the face of the uncontrolled rise in silver, many economists quickly thought of the crazy phenomenon of the world's major stock markets before the outbreak of the economic crisis, and wrote that the price increase of silver was irrational, and with the inflated price of silver, it undermined the stable operation of the global economy, and it was very likely that a new wave of financial turmoil would brew.
On Sunday, March 18, the Wall Street Journal, which has great influence in the United States, published an article saying that due to the recent sharp rise in silver prices, some members of the silver group believe that the current price is more reasonable, and the upward trend of silver prices is good, and the silver bill that is being discussed and voted on in Congress is no longer so necessary.
The next morning, at a press conference, a White House spokesman said that given the state of the global silver market and the strong opposition from the governments of China, Spain and Mexico, the government may cancel the proposal for the silver bill.
Some legislators and silver miners who insisted on passing the silver bill made speeches one after another, severely denouncing this extremely short-sighted view, and were deeply disappointed by the government's statement, and the direction of public opinion was in turmoil for a while.
Congressmen representing the gold group and other interest groups did not want silver to rise so wildly, and took the opportunity to criticize the silver group's almost crazy behavior, saying that the government's purchase of silver will worsen the US economy, and the $4 billion issued at the beginning of the year will inevitably fall into the bottomless pit of silver purchases, and other enterprises that need more financial support will be struggling because of the selfish actions of the silver group, and at the same time, China and other countries that adhere to the silver standard have already had problems in their economies because of the rise in the price of silver, and are facing deflation. It can be seen from this that the increase in the price of silver does not bring any benefits to the United States.
In the following days, various statements were made, and the entire American political and economic circles were in a mess, and finally on March 22, some investors who were pessimistic about the future of silver began to sell their silver stocks in the market on a large scale.
The Chinese consortium, which quietly looked for a good agent, added fuel to the fire and put the massive amount of silver in their hands into the market, and the price of silver in the US futures market pulled out a long black line.
In Asia, Zhou Chongan was in Shanghai, Lu Kaiming was in Hong Kong, and Ou Yaoting sold a large amount of silver deposits in Nanyang, and the European market was dragged down by this, and the price of silver fell sharply, and silver speculation suddenly became popular, and in just one day, the price of silver was suppressed to 45 cents per ounce. At the same time, more than a dozen lawmakers, who were manipulated by other interest groups, proposed in the National Assembly to suspend the discussion and vote on the silver purchase bill, which provided the perfect explanation for this panic selling.
On 23 March, major newspapers in the United States published articles one after another, saying that the silver bill that the silver group had vowed to pass might face an untimely fate, and that speculating in silver would face unpredictable and terrible consequences.
As a result, it took only a week for the price of silver to fall to 35 cents an ounce after a month-long skyrocket. During the week, most of the speculators around the world who were involved in silver speculation fled the market in panic, and the price of silver continued to fall, and by the beginning of April, the price of silver had fallen to 25 cents an ounce, and the whole market was still selling, and it seemed that a fall below the all-time low of 23 cents was just around the corner.
The sharp rise and fall of the silver market has made the capital market confused and dare not easily get involved, and the Japanese government has not been able to figure out the current confusing situation, so it has adopted delaying tactics, on the one hand, to investigate everywhere to find out the truth of the matter, and on the other hand, to warn the Kwantung Army and various financial institutions to remind them to suspend the hoarding of silver.
But at this time, the Chinese consortium has been attacking everywhere, with hundreds of millions of dollars to the world's various silver trading venues, quietly absorbing acquisitions, as the price of silver hovered at 25 cents an ounce for a week, the Chinese consortium not only sold all the silver sold before, but also in one fell swoop in the global silver market to acquire more than a billion ounces of panic selling, in this more than a month, An Yi and his economic allies turned their hands into clouds and rain, and easily completed a major reshuffle in the silver field.
With the rapid decline in silver prices and a major blow to its interests, the silver group once again became entangled in the exchange for its own policy support by making concessions to other interest groups. In order to avoid a dramatic change in the silver situation, which led to people with ulterior motives using the silver bill to make waves in the market, the members of the silver group took a multi-pronged approach, some of them did the work of opponents, and some of them persuaded Franklin. Under President Roosevelt's U.S. administration, the rest of the population stepped up their public relations efforts to pass the Silver Act in the shortest possible time.
Before the news came from the United States, saying that the silver bill might die, Chiang Kai-shek and others were elated, and then the price of silver fell across the board, the domestic silver shortage eased, and the economy also improved, Chiang Kai-shek devoted himself to directing the war to suppress the war, who knew that in April, the United States suddenly came with news - the US Congress is very likely to pass the silver bill next month.
Chiang Kai-shek could not accept such frequent changes on the American side for a while, and asked the embassy in the United States to verify the situation again and continue to intervene in the situation. Without waiting for the US ambassador to reply, Chiang Kai-shek sent a telegram to the US Government from the China Federation of Industry and Commerce and the Federation of Finance, strongly expressing the dissatisfaction and concern of the Chinese business and financial circles with the US passage of the Silver Act.
Amid strong protests from the Chinese government and the people, the U.S. Congress reopened the agenda for discussion and voting on the Silver Act, and passed the relevant provisions of the bill very quickly.
Almost at the same time as the U.S. Congress opened its agenda, the relevant news had been reported in the major newspapers, and soon, the price of silver in the United States, the United Kingdom, and China's major silver markets suddenly turned upward, and it only took three days to return to the price of 42 cents an ounce, and it kept climbing upward.
Just today, the representative of the American silver arrived in Shanghai, will explain the US policy to the Chinese government, Zhou Chongan and He Jing are here, is to deliberately consult the next step of the operation strategy, you must know that the operation of more than a month, the entire Chinese group in the hands of the silver has been as high as 25 ounces, according to the current market value of as high as 1.1 billion US dollars, all the people involved in the financial war are excited, all feel an inexplicable pressure, urgently need An Yi to come up with an idea.