0.19: The Capital Alliance's Story!
The price of iron is such that 4.6 units of grain are needed to exchange for one unit.
The price of copper is such that 6.8 units of grain are needed to exchange for one unit of copper.
The price of lead, 3.5 units of wood, and 0.675 units of countless basic materials were soaring like rockets.
And with Su Mo making small acquisitions every minute or two, this momentum became even stronger.
In the private messaging channels that Su Mo couldn't see, countless Black Merchant were communicating rapidly, as if they had gone mad.
"Su Mo is buying lead blocks! Damn it, get the price of lead blocks up right now!"
"Holy crap! Su Mo's gone to collect copper ingots again! What's the price of copper ingots? Quickly contact the others and raise the price, raise it quickly!"
"What do we do when there are too many people dumping their shares on the market? Eat! Give me all the food you can eat!"
"We only have so many basic materials. As long as we can weather this wave of sell-offs, we'll make up for all the losses we suffered in the seed market!"
"."
Noisy!
I'm so anxious!
Panic!
After the first wave of rapid price increases, many Black Merchant had already noticed something was wrong with the market and wanted to exit.
But in this situation, nobody knows when this revelry will end or when it will reach its conclusion.
Nobody wants to sell their goods at a low point; everyone wants to wait until the price is close to their target level before selling to the next retail investor.
But human greed is endless.
When everyone was at level 4, they wondered if they could reach level 4.5. Once they reached level 4.5, they started dreaming about reaching level 5.
If you're unwilling to sell and I'm unwilling to sell, the price will naturally only rise and never fall.
The price rose from 1.2 to nearly 6, and batches of basic supplies were delivered to various parts of the wasteland through the market.
Later, when most ordinary refugees had sold all their goods and even had to dig for them, the market frenzy finally slowed down.
Keep in mind that this is a market of billions of people worldwide, with transaction volumes often reaching hundreds of thousands of units.
Once 10,000 people are mining Iron Block, 20,000 units of Iron Block can be produced per minute.
With 100,000 people digging, 200,000 units can be shipped out in one minute! Although when farming, tens of thousands or hundreds of thousands of units are harvested at a time, it's impossible to harvest a batch in just a few minutes!
Therefore, even with global Black Merchant interconnected, the market has gradually become increasingly bizarre due to its terrifying scale.
No one is buying, but someone is selling! The Black Merchant who were buying up the iron ore have run out of steam, but the refugees who are working hard on the iron ore mountains have never stopped.
Nobody wants 5.5 units? Then I'll just list them at 5!
Not even 5? Just go for 3!
In this massive market involving billions of people, every Black Merchant thinks they're the one who'll definitely escape, but when the real "avalanche" comes, none survive.
The price plummeted, and Su Mo hadn't made any further acquisitions for five or six minutes.
When the first Black Merchant couldn't withstand the pressure and started trying to dump his stockpiled materials, the price collapsed at an alarming speed.
In the first minute, the iron price was 3.3 units.
In the third minute, the iron price was 1.15 units.
At the fifth minute, the iron price was 0.48 units.
Ten minutes in, iron price: 0.29 units!
In just ten minutes, the ratio of iron ore prices plummeted from 1.2, which had initially held steady, to below 0.3 in an extremely dramatic manner.
Moreover, this momentum has not stopped, and a large number of goods are still being put on the shelves at a rapid pace.
Run! We have to run! The market in the wasteland isn't like the Chinese stock market on Earth; it can't afford to drop below 10% in a single day.
In this game involving people all over the world, when the major update comes out in twenty days and everyone starts heading to the New Continent, all these basic materials will become useless.
At that time, iron ore really wouldn't even be able to hold onto its current price of 0.29, and 0.1 might even become a high price! A crazy market, a crazy drop.
Iron was falling, and other basic materials were no exception. This merchant frenzy came abruptly and ended even more abruptly.
Even those involved in it don't know who is stirring up trouble in this market, or whose "black hand" is controlling it.
As the instigator, seeing the market prices plummet and the Black Merchant going crazy, Su Mo, sitting in his recliner, was also amused.
Although these people might have been fooled in the design, they never expected to be fooled so thoroughly.
"If it drops a little more, I'll buy it! Buying it now would be too easy for these people!"
"Yes, going to pick it up now would be an insult to the elegance of our Su God!"
A soft voice drifted into his ear, and when Su Mo turned around, he was surprised to find that Zhong Qingshu had somehow slipped in and was leaning against the side of the recliner.
Oreo, who had been lazily lying on the ground, suddenly revealed a wicked and arrogant smile when Su Mo looked at him, and even nodded his head, indicating to Su Mo:
Hurry up and get on it! What are you hesitating for?! "You stupid dog, this is treason! Your fruit for tonight is gone!"
After tapping Oreo on the head and seeing Zhong Qingshu's amused look, Su Mo jumped up and walked out nonchalantly, chuckling as he went.
"Hey! You've got some interesting eyes! Don't look at me! I really didn't participate, they're just asking for it!"
"The person they want to fleece is Su God, what does that have to do with me Su Mo!"
The righteous and stern speech seemed fine at first glance, but upon closer inspection, it made Zhong Qingshu giggle.
In the empty first floor of the shelter, silvery laughter echoed like the wind blowing into the woods, creating a pleasant sound.
Even Oreo, lying on the ground, was infected by the laughter and started barking loudly.
Su Mo was able to face Zhong Qingshu calmly in the Time Ruins because of his absolute confidence in his strength, coupled with his identity as a prophet.
But in the real world, seeing Su Mo acting so cowardly, Oreo tugged at Zhong Qingshu's trouser leg, signaling her to hurry up and chase after him.
With light steps, as the two walked side by side, Su Mo's embarrassment at being caught was greatly relieved.
"Luckily, they're all Black Merchant. Otherwise, if they were to take advantage of ordinary people, all the reputation you've worked so hard to build would be ruined!"
Hearing this, Su Mo shrugged and shook his head. "It's alright. Human greed is endless. Don't be fooled by the fact that there are many Black Merchant here; there are also many ordinary people who want to get involved and get rich. These people are very shrewd."
A market shift involving a few million people is already astonishing enough, let alone a market of billions of people today.
To create such a large fluctuation, Black Merchant are one factor, but the involvement of ordinary people is even more significant.
According to Su Mo's estimate, at least several million ordinary people must have participated in the price fluctuations that lasted less than half an hour to achieve such an exaggerated "performance".
As for the ordinary people who didn't escape in the end, whether they will blame him for the crime is really hard to say.
"Indeed, reputation is a good thing. Actually, you know what, these Black Merchant who manipulate the market also connect through this. As far as I know, in the beginning, a few of the world's financial giants raised their arms and called for help."
"Then, as more and more people joined, this Capital Alliance was finally formed, with a total of eight people controlling the upper structure."
"However, after what you did to us in the seed market, one of the eight people lost too much. I don't know if he ran away or was eliminated. Now there are only seven left!"
As Zhong Qingshu counted on her fingers, the little story behind it piqued Su Mo's interest, and he listened attentively.
Humans are social animals, and at the beginning, everyone did not cross over here unorganized. Instead, they had been staying in the official shelter for about two months before crossing over.
Therefore, their obedience is not as bad as one might imagine.
It is precisely because of this that many of the initial Official Shelter were established with the support of the Earth.
With Gathering Place and things gradually settling down after the first disaster, most people began to band together through the chat system.
Those who study literature and those who recite poetry get together, and deliverymen and food deliverymen become good brothers.
Those who enjoy playing badminton and those who enjoy playing table tennis become partners in working together, and those who receive nationwide airdrops and those who come to the door locally also find common ground.
Aside from these, the organizations that recover the fastest are naturally those that can bring profits to the wasteland.
From the simplest self-help organizations to wilderness survival groups, and later to veterans' combat organizations.
As the pace of evolution accelerates, Wall Street financial organizations that have traveled from Earth are naturally unwilling to fall behind.
Physically speaking, they sit in offices all day, playing number games, and even killing a chicken would be difficult for them.
In terms of survival skills, without bread makers, water dispensers, and readily available takeout, their self-sufficiency is worse than that of a child.
In terms of intelligence, there are only so many places where you can use your brain in the early stages.
Therefore, if you want to rise to prominence, you can only rely on your past life's skills: finance!
After a secret meeting, eight financial oligarchs under the age of 50, who wielded considerable influence on Earth, rallied together and established the Capital Economic Alliance.
With the support of a renowned organization, the alliance recruits a large number of qualified members, and these qualifications are naturally also resources!
With the guidance of finance professionals, they accumulated a considerable fortune in the market through acquisitions and sales, even before the Welfare Disaster.
Later, this increasingly powerful economic alliance snowballed.
From initially reselling to later directly manipulating market prices during the third disaster.
Of course, this series of financial stories that rose from nothing, up until they met Su Mo, could all be written into a magnificent book of no less than two million words.
"So it was because they took several hundred kilograms of fish from you that you started this whole thing?"
Staring at Su Mo's fake face, Zhong Qingshu opened her mouth wide, as if she had discovered New Continent.
"Back then, one pound of seeds was worth ten pounds of grain. How could I not care!"
With an awkward laugh, Su Mo chose to brush off the topic with a laugh and quickly moved on.
Even gods can have a dark past.
But people can't do that!
As a beneficiary of both financial activities, Su Mo stands against all the Black Merchant. If he is too high-profile, it will inevitably cause a series of unnecessary troubles.
Before receiving his sister, Su Mo naturally wanted to avoid such troubles as much as possible.
After asking about other related anecdotes, I noticed that the market price had reached an acceptable range.
Zhong Qingshu was very shrewd and immediately made an excuse to go to other places, giving Su Mo Moteng enough private space.
Back at the entrance of the shelter, standing amidst the piles of supplies, Su Mo's mind snapped open the market panel.
The price of iron is currently 0.19!