“…As for the larger banks, money houses, and bank accounts, some of them have also participated, but they generally do not mix deeply and have a thick foundation. I have not heard of any of them having problems at the moment.

Moreover, they tend to be businesses that can sustainably obtain profits in their operations. They are not very hot-selling about this kind of risky speculation. Of course, there is also the crazy night of the previous banknote incident, which makes them more resistant and cautious about this speculative behavior.

Furthermore, they actually have quite a lot of ways to participate, so there is no need to choose such risky actions. For example, if you give money to those who participate in silver speculation, whether you release silver dollars or foreign currency, you will definitely be the same currency when you retract it. As long as you can reclaim it, you will not lose money and make a profit.

Of course, some people in this business choose to take risks and some choose to be more conservative. Take risks by giving money without mortgage or giving money at a high proportion. Conservative ones generally only use mortgage loans, and only accept high-value real estate, real estate, factory machines, gold, silver and antiques. Moreover, the loan ratio is generally not too high, and it is more proficient in the persons who lend money to.

Others are foreign banks, mainly doing gold and silver mortgage loans or exchanges for foreign exchange. Gold is a normal business, while silver is rarely exchanged normally. Generally, foreign currency is borrowed after mortgage, and most of the money for trading silver in the market is made.

However, because the silver price fluctuates greatly, the lending ratio is usually not very high. Moreover, with the sharp rise in the silver price, the proportion and approved loans are also decreasing. At first, they did not lend money to silver coins. However, recently some foreign banks have begun to lend silver coins in small quantities, and it is estimated that the silver price may fall.

But the one who lends the most foreign currency is Japanese banks, but not many people dare to borrow from their banks, so they set up a batch of money shops with skins on the Blue Road and lend a large amount of yen for their banks. I don’t know what bad intentions are being made of.

The proportion of their lending is extremely large, usually more than 90%. After lending and purchasing the silver, you can mortgage it and borrow it. This repetition should be the same as the leverage you mentioned, so it attracted a large number of crazy silver speculators to gather there. They even opened a banking office there so that these people can trade silver directly there, and even save on delivery of silver, and just trade their mortgage contracts directly.

It is said that they directly set up a whole alley, with shops with various mortgage loans at one end, and the banking office at the other end. On both sides of the middle alley are their renovated and reinforced silver warehouses. I don’t know how much silver is saved, but I can only see Japanese construction workers and materials that have been reinforced and renovated in and out all day and night."

After listening to it, Lin Mo initially guessed that the Japanese were planning to raise prices, and I wanted you to make a profit with the capital! If you can pay it back, I might make some interest. If you can't pay it back, then all the money will be my. I will make a lot of money for paper money!

Even if the silver price falls, I can hold it for a while. Anyway, it is likely that it will rise in the future, at least not too low. This is also the reason why other foreign banks have contracted the amount of foreign currencies lending after the sharp rise in the silver price, because the higher the rise, the greater the risk.

As for why the Japanese are so crazy, because they are enemies of China. If you take away the Chinese people's money, if you are from a public institution, you can use this as a credit. The money you lose is just a few pieces of paper. Isn't it worthy of the blow to the government?

There is no obstacle for private institutions. Those who can open banks to other countries are likely to be consortium forces, and consortiums are likely to be involved in politics. They can also use this as a piece of political capital and make up for it from other places, so they will not lose money inside or outside.

You said you used the loaned money to exchange for foreign exchange for gold and silver? What are you thinking? No! I applauded and welcomed things to buy, and I was worried about selling them! So using paper to exchange for silver is even more profitable for its country, which is to attack the enemy country, and exchange paper for hard currency, and may even bring business.

If you really need to calculate carefully, the people who suffer losses may be those who have been exploited, the consumables of the empire, and the big grudges of the military! After all, all the benefits, can you not squeeze out cheap goods by pressing them?

After thinking about it carefully, there may be someone making this idea. Of course, it is definitely better to make money, but with this support, you can be more open and bolder!

"The money question has an answer, but the source of the transaction's target silver, the sources mentioned just now, should not be enough to support such a huge transaction, right?" Lin Mo asked while looking through the information.

Lin Zhenping nodded and explained: "There are also the silver and money gathered from all over the country due to the high silver price in Shanghai. Many of them flow into the silver market for trading. However, this channel flows into silver. Sellers generally only accept payments from gold or pounds and US dollars, and no one is willing to accept these.

This way, there are still a lot of silver and money, which has led to a lot of gold prices in Shanghai rising, but this is relative. The price comparison with silver dollars has dropped a lot compared to before, but this is also a relative situation, because the price comparison between Shanghai gold and silver dollars in the past was higher than that of other places, but now it has changed with the situation in many places in China.

Because the price increase of silver is an increase in foreign currency denomination. Unless it is a city like Shanghai with convenient transportation and rapid information dissemination, the price comparison between silver dollars and other things will not be adjusted immediately. Moreover, the price increase of silver prices is so rapid that the adjustment will appear slower. Even some relatively closed areas may not change much from beginning to end.

In this way, a lot of arbitrage space was created, and a large amount of money dealers were moved, but they had changed from the past, turning gold into sending gold back, and then exchanged it for silver money to send it to the bank exchange in Shanghai and other places.

Another source is sold from abroad. You heard it correctly, it was sent by foreigners. The last time you came, it was when you came here, and we bought a lot of silver from it. He was selling the silver over.

This chapter is not finished yet, please click on the next page to continue reading the exciting content behind! There is something even more incredible. There is a strange news coming from Mexico. The United States, which originally bought silver, has been flowing into Mexico in large quantities from its domestic market. It is also because of this news. Even though we think the price of silver may exceed one dollar, it has not stopped us from short selling there, but we dare not be sure of the authenticity of the news, so we are very confused. Of course, the main thing is that we do not have the vision of you.

When the silver price rose slightly at the beginning, David said that he would sell it first if he had the opportunity. Too many were piled up in the mining company's warehouse, so he could put it in a safe place. After the price of foreign silver has widened a small gap with foreign silver, he said that he would have to bear a lot of taxes and fees to sell it to the United States, and would be suppressed and obstructed by local silver-producing forces.

When the silver price opened up a large difference, he said that he was just a middle-aged man now, and he was making some money from it. He was full of lies. He was transported all the way, and the time and cost were not low. I don’t believe they would make a profit here. Now he was planning a cashier and said he wanted to ship it back to sell it. He didn’t know what bad idea was going on like this."

After hearing this, Lin Mo frowned, put down the information, carefully and loyally for a moment, and replied: "What David said may not be a lie, at most he did not reveal all the situation he knew."

After saying that, Lin Mo quickly searched for several piles of information at hand, and found out all the relevant situations, which made him more determined.

"The strange news of American silver exporting to Mexico is not false. It is estimated that those people in the United States who have a lot of silver spot stocks have not yet officially purchased silver, and the price of silver has exceeded the minimum purchase price, which is the price of forced silver purchase.

They may have expected that the government would still force the purchase of silver at this price, which may even be a tacit understanding or even a link, so they will transport the spot silver to Mexico, a silver-producing country next to them in advance to avoid being purchased at low prices."

After Lin Mo said that, he carefully checked the chart he had drawn, carefully compared some data, touched his forehead and rubbed his temples, and was a little surprised.

"The silver that has been transported in the past is probably still some people who hold not much silver, such as some medium-sized mining companies, medium-sized smelting companies, silver jewelry production companies, etc., which have a certain amount of silver in their hands, but it is not a huge amount.

The big investors who really hold huge amounts of silver spots are probably directly converted into contracts in the trading market, transforming them into silver circulating and trading in the international silver market, thus removing the silver in their hands from the scope of forced purchase of silver.

Let me correct me. The fluctuation of the first mate at the silver price at 60 cents may not only be due to people manipulating the funds, but also the reason why they are selling new contracts here in large quantities. It is estimated that many positions we have bought and bought, and these people have sold them.

They should have already held a lot of silver spot stock early on, and this price is already quite attractive to them, so they sell a lot of money after opening a contract. Of course, it is not ruled out that this move is to reduce the price of the government's purchase of silver.

It not only avoids the silver you have to be forced to buy at a low price, but also makes profits at an acceptable price to clear some of your positions. It can also control the silver price for the government and reduce the trouble of buying force later. It can also take this opportunity to obtain political resources or transactions. If we had not missed the opportunity to eat a large number of chips, the trend of the silver price would probably have to be changed."

"So, our transaction has offended many people? Even the US government has offended them in the future..."

"...So what..." Lin Mo waved his hand and said, "Can we still seek revenge? The matter has happened and has passed. Do you feel that this stain is very proud of you? Or do you think it's not troublesome enough to add new things?

Political figures and capital businessmen are not as irrational and unhelpful as you think. They rarely do things, including this, of course, the premise is that you must have enough strength.

So, it is natural to be happy after getting so much money, but you must understand that this is just the beginning and the subsequent work is the key. If you can't really exchange these papers for useful capital, then it's just in your hands and stay for a while!
Chapter completed!