Chapter 460 Chapter 460: Buying and Selling Futures
The breakfast ended hastily, and Aslan changed into the cumbersome nobleman's robes, and headed for Nasri City with the knight guards.
The only office of the Maxim Federal Commercial Bank in Melox Province.
It's not that they don't want to move to Billy City or Merlo City, where business is more prosperous.
Because there is no need, there is no business when I go.
Merlot coins have now been rolled out in Melox province, ranging from gold coins to copper coins, and have been completely integrated into the lives of ordinary people.
Although there was no boycott of Mark coins in various parts of the Melox province, the people spontaneously did not want to use Mark coins.
In the final analysis, the exchange rate of Mark is unstable and there are too many denominations.
It is often a gold coin-level consumption, how can ordinary people afford it, even if you give change, you can still be busy for a long time.
After all, the target audience of the mark coin from the very beginning is wealthy businessmen and nobles.
Aslan swaggered into Maxim Federal Commercial Bank, and just sat down in the VIP area when Kira led people over.
After all, Aslan sent a visiting letter yesterday.
It is said to be a visit, but in fact it is to pay back the money.
The 200 million interest-free loan does not need to be changed, and at least 20 million marks must be repaid every year.
It's just that compared to the original exchange rate of 1:15, the current exchange rate of 1:3.2, Aslan still only needs to repay 20 million a year, which is simply a bloody profit.
After all, Aslan spent all of his 200 million loan at the beginning, and now all the mark coins on hand are exchanged from the Kingdom of Cleveland and printed by himself.
"Long time no see! Marquis Aslan." Kira made a very elegant noble salute.
"It's been great these days! Your Excellency Kira." Aslan also replied.
"Thanks to the care of the Marquis, life is getting better and better." Kira said with a smile on his face.
The rise of Merlot Bank and the prevalence of Merlot Coins have squeezed space for Mark Coins in the surrounding areas of Merlox Province.
This is also the reason why Maxim Federal Commercial Bank finally opened a branch in Nasri City.
"That's good! I'm here today to repay the loan and buy a lot of supplies." Aslan said bluntly.
Kira looked at Aslan resentfully.
This is a big purchase taking advantage of the depreciation of the mark currency and the increase in commodity prices.
Once the two plans are implemented, Aslan will surely make a fortune again.
Compared to other nobles, who were focused on gaining cash from the land and the people in the territory, Aslan's operation was simply against the sky. It was completely capital trading, and the money he made was enough to make Duke Jibril jealous.
"How much are you going to buy this time?" Kira said helplessly.
He knew very well what Aslan would come up with, but he had to cooperate. After all, they were all businessmen, especially Aslan, who had a keen sense of financial economy. Once he rejected his business, he would yell about Maxim Federation Conspiracy theories, they will also have a headache.
The original 200 million interest-free loan was the hush money.
"Well! It just so happens that your bank is exchanging old coins for new ones, and they will also spend them all." Aslan said with a smile.
Kira gasped suddenly.
He is not ignorant.
He is very clear about how many marks Aslan has in his hands. Once all of them are taken out, the price of commodities can definitely be raised in one go. At the same time, the return of a large number of marks will also increase the exchange rate of marks again.
"What do you want? Quantity?" Kira said through gritted teeth.
Aslan took out a list and drank black tea leisurely.
Kira just took a look at it for the first time, and his whole body went bad instantly.
"100 million tons of iron ore!" Kira's voice instantly increased by n decibels, and he looked at Aslan in disbelief.
"Are you done practicing?"
Aslan said indifferently: "You can sell it if you can't finish refining it! Anyway, it will definitely increase in value when the time comes."
The corner of Kira's mouth twitched, and his heart suddenly dawned.
It seems that this Aslan has discovered their plan, this terrible economic sense.
"For 100 million tons of iron ore, 200 million marks is absolutely indispensable." Kira said after thinking for a while.
Aslan nodded, it was much cheaper than pig iron.
100 million tons of iron ore can probably be refined into 40 million tons of pig iron, and the exchange of 40 million tons of pig iron into marks costs at least 800 million marks. It is the most profitable to buy raw materials for processing.
"Don't worry about food, the food shortage in the mainland countries, we will not open this hole." Seeing the second item, Kira directly refused.
After all, food is the most important part of their future plans.
"200,000 tons of flax? That's a lot! I've heard that the textile industry in Merlot City is very developed. It seems that the scale is extraordinary." Kira said lightly.
The purchase of salt was also vetoed by Kira.
The last few transactions were still very easy to pass, and nearly 600 million marks were recovered and more than 50 million new-generation marks were exchanged at once.
Kira almost sent Aslan away with a dark face.
It's just that after Aslan left completely, the corners of Kira's mouth rose slightly.
"Immediately change the price of bulk commodities. Iron ore will increase by six points, and flax will increase by 1.5 points..."
The key to the Maxim Federation being able to integrate commodities across the entire continent in such a comprehensive way is that it has comprehensive intelligence, well-informed information, and the ability to quickly mobilize resources from all over the continent for trade.
To maximize profits and make each large transaction transparent, they have a statistical platform that will display the daily price of bulk commodities, and then determine the price of the next day despite the high or low volume of bulk commodity transactions.
This kind of business has also become a new way of gambling for local wealthy families and nobles.
Aslan called this kind of gambling as buying and selling futures, buying a certain bulk commodity at a low price, and then selling it when the price is high. Of course, if you can’t sell it, you can only eat the bulk commodity you bought up.
This is why only the local rich and nobles dare to play.
The news that Mellow City has purchased nearly 600 million materials this time will soon spread throughout the entire continent, bringing up the prices of these bulk raw materials in the mainland.
As for the products produced in Merlot City in the future, such as cloth, pig iron and wrought iron, if the quantity is large, they can also be sold at the Maxim Federal Trading Company.
Maxim Federation does not earn the price difference from it, and only charges a small handling fee.
This is also one of the reasons why the Maxim Federation can so easily grasp the commodities of the mainland.
While holding a huge resource industry, it can also sell bulk goods fairly and justly, so that many territories and kingdoms with a single output have a stable source of income, and they will be curbed by the Maxim Federation over time.
Aslan should make good use of the Maxim Federation, a bulk commodity trading platform, to obtain a large amount of cheap industrial raw materials.