The Grandmasters and Elders of the Puppet Dao quickly reacted, finally realizing what role Li Chen had played in the upheavals of recent days.
None of them had expected him to be the hidden hand behind the earlier speculation in spirit stone prices.
But at this point, there was nothing more to say. They could only follow his lead in tacit agreement and lend their support.
After all, what Li Chen intended to do was also what the vast majority of Puppet Masters wanted.
The Puppet Dao Faction also had some lords of spirit peak blessed lands. In theory, a collapse in spirit stone prices would deal them a tremendous blow, but Li Chen understood the importance of winning over allies. To make the market easier to control as well, he had bought them off from the very beginning with promises of priority slots for upgrades.
Losses in their physical operations could be completely offset through market hedging, and they could even seize the opportunity to make a fortune.
Moreover, the Puppet Masters were short on spirit stones, and most of their output went toward their own use. This also helped them lower their costs.
It all depended on their respective production models. The lords of spirit peak blessed lands on the Puppet Dao side were not all landlord-type figures; they were industrialists and merchants, for whom raw ore prices had much less impact.
The Immortal Alliance, however, was shaken.
The Immortal Alliance emphasized cultivating oneself, and its industrial and commercial development lagged far behind the Puppet Dao's. As a result, the output of its spirit peak blessed lands mostly followed a resource-based economic model, without involving advanced processing or related industries.
The collapse in market prices for spirit stones directly shrank the wealth they possessed.
Although the Immortal Alliance