For a moment, Marin wanted to turn around and leave. Anyway, he couldn't borrow money from the Fuger family, so he could borrow money even when he went to Venice, south of Austria.
But after thinking about it carefully, Marin gave up. Because, he knew that even a Venetian would not know what excessive demands would be made.
Nowadays, tycoons often make additional requirements for loans to great nobles. In professional terms, this is a political loan. Moreover, the amount of 500,000 gold coins cannot be provided by ordinary people. There will be no ordinary people who borrow such a large sum of money, and only great nobles have such a large demand. Of course, the aristocratic territory is there, and there is no need for them to escape.
Moreover, the nobles have the ability to mortgage. For example, he can mortgage the land under his name and mines. For example, the Habsburg family mortgaged many mines to the Fuger family, the most famous ones are probably the Great Silver Mine and the Great Copper Mine in the Principal of Tyrol.
In addition, since 1498, Jacob Fuger specially lent money to Maximilian I, and the emperor took out several copper mines in the Tyrol area as collateral. For some reason, Jacob Fuger actually had the idea of ​​hoarding copper mines to make a fortune.
Unfortunately, after opening the Indian route, Marin began to import cheap copper from India. However, he imported cheap copper mainly to cast guns, and also took part of the copper coins of the North Sea Kingdom. Therefore, it did not affect the European copper prices for the time being.
However, Spain also began to learn about Marin and imported cheap copper from India to cast Malawi copper coins. The Fuger family panicked. After all, the size of the North Sea country is far from that of Spain. The impact of the Spanish import of cheap Indian copper on the Fuger family was fatal. This is also one of the reasons why Jacob Fuger asked Marin to come up with ideas.
In fact, as the largest creditor of Ulrich, Duke of Württemberg, as long as the cash is also a request made by Jacob Fuger deliberately joined forces with other creditors. His purpose was to force Marin to appear.
As the biggest creditor of Duke Ulrich, how could Jacob Fuger be without hearing in the Stuttgart court? It was because he learned that Kohler and Duke Ulrich were conspiring for population transactions that Jacob Fuger deliberately put cash in a dilemma. Even if Malin didn't come to him, he would have planned to send someone to offer loans. Of course, letting Malin come to him on his own initiative will be more conducive to his requirements...
At this time, almost all the copper mines in the Austrian Grand Duchy of Tyrol were eaten by the Fuger family. The Fuger family originally wanted to hoard copper mines and raise the copper price to make a fortune. However, the emergence of cheap copper in India made Jacob Fuger's plan fail. In order to stop the loss, he had to try his best, which led to the scene where he asked Marin for advice...
...
Marin originally planned to ignore him, but then he thought that there was no harm in multiple banker friends. So he asked in a more polite tone:
"If you have any questions, just ask me. I have no choice but to answer them!"
Jacob Fuger breathed a sigh of relief, and then humbly asked for advice:
"I would like to ask if you, Grand Duke Marin, are there any necessary things to hold the copper and silver mines in the hands of the Fuger family? If not, how should I stop the loss?"
The Fuger family hoarded a lot of mines, not only silver mines and several large copper mines, but also silver mines in history after the Habsburg family united Spain, the Almaden mercury mine and Guadalcocar silver mine in Spain were also mortgaged to the Fuger family by the Habsburg family, who were "good at" to mortgage mines.
At its peak, around 1545, the total value of the Fulgher family's fixed assets, mainly silver mines and copper mines, reached 63 million Goulden gold coins. Even the rich man, Marin, was jealous when he saw it.
However, the Fuger family was very unlucky because the mines mortgaged by the Habsburg family eventually depreciated...
In the mid-to-late 16th century, Spain discovered a large number of silver mines such as the Potosi silver mine in the Americas, causing silver production to soar and silver prices to fall (or prices rise, also known as the "price revolution"). The copper mine was even worse. With the outbreak of production of the Ferylón copper mine, the ratio of European copper prices to silver prices soared from 15 to 1 to a low price of more than 40 to 1. After the Netherlands introduced cheaper Japanese copper, the copper-silver price ratio increased to more than 80 to 1. The mines that the Fugers family sought to hoard were directly depreciated several times, causing the German richest family to decline directly. Of course, there was also the reason why Charles V's son Philip II caused the unethical means of bankrupting the Spanish Empire (in fact, it was a debt-debt).
After thinking about it, Marin replied:
"Count Jacob, I can tell you very responsibly-drills should never hoard copper ores, and if you can, you can take action. Europe has introduced cheap copper from India and even the Ming Empire in the East, and it is impossible for you to organize the Spaniards to introduce cheap copper from India. Once a large amount of cheap copper in India pours in, copper prices plummets."
"In addition, you should have heard that I own half of the shares of a large copper mine in Ferylun, Sweden. I can tell you that the copper mine now has an annual output of up to 600 tons... Well, it is more than 1.32 million pounds. If I hadn't spent a lot of copper to cast guns and promoted copper coins in the North Sea Kingdom, and did not let those copper flow into the market, the copper price would probably have begun to fall now!"
Jacob Fuger sighed and said:
"I know that half of your copper has not flowed into the market, but the copper ingots obtained from the Swedish shares have already flowed into the market. At present, the copper price in Nordic has begun to fall. However, it has not yet affected Germany. Therefore, I am anxious to ask you!"
"Then get rid of all the copper mines as soon as possible, and take advantage of the fact that the copper price has not fallen overall."
Jacob Fuger said depressedly:
"I want to deal with it too, but those wealthy merchants who are capable of taking over are not fools. They have heard more or less that the copper price may fall, and they will not be willing to take over. Even if they are willing to take over, they will try their best to kill the price!"
He said this well. Every big businessman who can have a net worth of millions of gold coins is a good person. In terms of business information, they will never ignore it. The news of the decline in Nordic copper prices and the news of Spain introducing Indian copper-minted copper coins, they cannot be unaware of it. It is difficult to trick them into being a buyer. It is easy to cheat, but it does not cost that much money.
After thinking about it, Marin suggested:
"This way, you can deal with those small copper mines to some merchants with poor financial strength, and even allow a few small merchants to join forces to buy them. The information of those small merchants is not that fast. At that time, you pretend to be anxious to raise funds and get a 20% discount. A medium-sized merchant who is greedy for small profits should be caught... As for the big copper mine, you can only lose your hands..."
Jacob Fuger sighed:
"That's all... the copper price will not rise back?" It seems that he is not giving up.
"It's impossible!" Marin cut the railway firmly. Then, he revealed a little bit of verbal sensation:
"Let me tell you this, the silver-copper price comparison may drop to more than 1 to 80 in the future. Think about it yourself..."
Chapter completed!