Claire nodded slightly, "Yes, I want Short Selling Kingdom of Zesilia's currency."
Sophia was a little unclear about the word Short Selling, so he asked honestly, "What are you going to do Short Selling?"
"Don't I have a jewelry merchant association over there at Kingdom of Zesilia? Then I will borrow money from the bank at Kingdom of Zesilia in its name."
"I can probably borrow 200 million Gold Coins." Claire assessed that as Mina Merchant Association is now one of the top three major jewelers in Mary Port, it should be no problem to borrow 200 million from the bank.
"Then what?" Sophia asked curiously.
"Then quietly expose your plan..."
Before Claire finished speaking, Sophia shouted to stop Claire's dangerous idea.
"You are crazy. You exposed your plan. If they knew about it, how could we buy that Magic Ore!"
"Don't worry yet." Claire soothed softly. "What we want to earn is not Magic Ore's money, what we want to earn is the price difference between Short Selling's currencies."
Sophia also felt that his reaction was a bit too big, so he calmed down and said, "Continue."
"Secretly reveal your plan, let them know that you want to buy that Magic Ore, and then reveal the false news that you are currently strapped for funds, and then go to them for a loan through other channels. They think they have control of everything, and in order to cheat your money, they will definitely lend you the money, and they are willing to lend it to you no matter how much it is. In this way, you can exchange part of the monetary funds in Kingdom of Zesilia."
"Then I exchange your money for Silver Dragon Coins, and then use other channels they don't know to sign financing leverage contracts with banks in Jersey using Silver Dragon Coins, and borrow a large amount of their own currency. This is basically a business that is sure to make a profit, and it is impossible for them not to exchange it. We will use the money exchanged for those Silver Dragon Coins to collect all the remaining Jersey currency into our hands..."
Claire As he spoke, the corners of his mouth suddenly turned up.
Sophia asked in confusion, "What are you laughing at?"
"I remembered something."
"What words?"
"You care about other people's interest, and others care about your principal."
Sophia was a little confused, shook his head and continued, "We got the money, what next?"
"Then when we gather most of the legal currencies in all Kingdom of Zesilia in our own hands, then the price fluctuations of their national currencies will be in our hands."
"So what do you mean?"
"Most of their country's money is in our hands. If we don't release the money, there will be less Kingdom of Zesilia currency outside, and their currency will increase in value. And if we sell a large amount of the Kingdom of Zesilia currency in our hands, it will cause panic, and those rich people will sell their own currency and exchange it for Silver Dragon Coins."
This is inevitable. The currency continues to depreciate in the context of panic. It is impossible for those rich people to watch the money in their hands become less and less valuable. Compared with the currency of one's own country, Silver Dragon Coins of the Silver Dragon Empire maintains its value better.
Therefore, in order to avoid risks, after Claire caused panic, there will definitely be a large amount of funds selling the Kingdom of Zesilia currency in their hands to exchange for Silver Dragon Coins, thus causing a new round of panic effect, and then the Kingdom of Zesilia currency will become even more worthless.
"Then how do we make money from it?" Sophia asked, still a little confused. "And the money we sold was all borrowed. If we sell it all, and the loan date is up, what will we use to repay it?"
"Of course you can make money from it." Claire smiled confidently, "A large amount of selling caused by panic will definitely cause the currency depreciation of Kingdom of Zesilia. For example, the exchange rate between it and Silver Dragon Coins was nine to one before. After a large amount of selling, the exchange rate may be reduced to ten to one, twelve to one, fifteen to one..."
"For example, we borrowed nine billion of their funds or used one billion of Silver Dragon Coins to exchange them for nine billion of Kingdom of Zesilia currency, and then sold a large amount of that nine billion Gold Coins at a certain moment, causing panic and leading other people to sell their currencies together, causing their currencies to depreciate significantly. At that time, we can recover it at a lower price. For example, 700 million Silver Dragon Coins can recover the 9 billion Zerzilian currency that fell due to panic."
"When the time expires, we can return the 9 billion Gold Coins we bought due to the devaluation due to panic. As for the extra 300 million Silver Dragon Coins, that is our profit."
"Of course, the nine billion Gold Coins I mentioned is just an example. This makes it easier to calculate. It will definitely not be that simple by then, and it will not make just that little money." Claire explained.
With this Sophia method and her extremely greedy mentality, Claire thinks they can earn at least five or six billion Silver Dragon Coins, If they split it equally, Claire can also get Gold Coins worth more than one billion Kingdom of Arcanum, and then there is hope of establishing his own simple Mage Tower!
This is also one of the reasons why Claire denied Sophia's purchase of Magic Ore. The money earned was too little, and he wanted to earn more!
On the opposite side, after listening to Claire's words, Sophia patted his thigh as if he suddenly realized something, and a large piece of white flesh trembled, which was particularly pleasing to the eye.
Looking at Claire, he said excitedly, "You are indeed a genius. In this case, we can indeed earn a lot of money!"
Sophia said excitedly, opening his hands and almost holding Claire in his arms.
But when he saw the other party rushing toward him with open hands, Claire shouted to stop the woman in time.
"Ma'am, please pay attention to your image!"
"Also, I came up with this idea, so no matter how much money I pay, I will split it 50/50." Claire added, Short Selling Currency in other countries is a huge job. If the income is calculated based on the money invested, then you won't get much for your own money.
So I had to make a deal in advance, lest the woman turn her back and steal some of her money.
"No problem." Sophia readily agreed. Now Claire is no longer what it used to be, so his share of the money should be given to him.
Then Sophia walked to the desk, picked up a few pieces of scratch paper, walked to Claire and sat down.
"Let's discuss the details."
After coming out of Sophia's mansion, Claire was not in a hurry to return to Nafu City. Instead, he went to the palace and had a chat with Irene, so that this girl would not always say that she would not look for him when she came to the capital.
Just like last time, Irene seemed very happy for the arrival of Claire, but in front of Claire, he still looked like Little Princess. I told Claire all the troubles I encountered.
After coming out of the palace, Claire stayed in the royal capital for a few days, mainly to visit some people he knew well here, such as Yana, Hubert and the others. They all went to visit each other.