Chapter 69

【The third step is for the low-priced Red Iron on the market, any that is lower than five Energy Points, we will all buy back; do not be afraid of the goods rotting in your hands. As long as we sweep the Red Iron on the market clean, by then, all that will be left is a pile of Red Iron at ten Energy Points, and even if they don't want to buy, they will have to.】

【The fourth step is that since Ouyang Guan can post on the forum, we can too; everyone go and post some threads about wanting to buy Red Iron, not being able to buy Red Iron, or being willing to buy Red Iron at a high price, so as to form an illusion of Red Iron supply falling short of demand; no, it is not an illusion, Red Iron is already in short supply now.】

【Currently, Red Iron ore is far from being in a state of saturation, so there is no fear of it not selling; everyone must remember this point!】

【Also, as long as we control all the Red Iron and other metal resources on the market, isn't the price level up to us to decide? Even if other Lords think it is expensive and don't buy, that is even better; we can use these metal ores to develop, while their development will be restricted; in this way, we can also use this point to overtake them!】

【Everyone, look further ahead; do not just consider the present. As long as this "war" is won, we will all be beneficiaries!】

Qin Luo spoke at length in the group, and the originally noisy group instantly quieted down, listening quietly to Qin Luo's account.

Until Qin Luo finished, other Lords spoke one after another.

【Boss Qin Luo is indeed a boss; his vision is just different from ours. Listening to you say this, it is simply enlightening!】

【Although I don't understand, I think Boss Qin Luo is right!】

【That's right, Red Iron is a scarce resource, the initiative is in our hands, why should we lower the price just because they say so!】

【I have three thousand Energy Points in my hands, originally prepared to purchase equipment; now I only want to do one thing, and that is to sweep the goods on the market. Whoever dares to sell Red Iron at a low price, I dare to buy it all!】

【Also, don't forget, after buying Red Iron, list it all at the price of ten Energy Points just like @Qin Luo 131415, to show our attitude!】

【Yes, yes, yes, everyone sell at ten Energy Points; whether it sells or not is one thing, but since we are people of the same Resource Trade Alliance, we must maintain the same price!】

【So excited, is this a commercial war?】

【.】

"I have finally managed it!"

Qin Luo looked at the response of the merchant Lords in the group chat and could not help but let out a breath!

If this matter relied on him alone, there would be no way to save the situation.

But if there are so many Lords working together with him, then things will be much easier.

Although not all merchant Lords are in this group, as long as they follow Qin Luo's wishes, another trend will soon form!

Want to suppress the Red Iron price!?

It is simply dreaming!

Even if Qin Luo lets this Red Iron rot in his hands, it is impossible to sell it at a low price.

And other Lords have the same thoughts and practices as Qin Luo.

After all, this relates to their vital interests.

"Although Ouyang Guan's 'trouble-making' almost caused the budding Resource Trade Alliance to collapse!"

"However, if we win this commercial war, the influence of the Resource Trade Alliance will undoubtedly increase greatly!"

"I originally did not intend to start a war so early, but now the timing is just right, and I must make good use of it!"

Qin Luo murmured.

Originally, pulling a scattered group of merchants together and wanting them to form a united group was not that easy.

After all, everyone is an independent Lord, and naturally will have their own thoughts.

It is impossible for it to be whatever Qin Luo says!

And after experiencing this crisis, if it is successfully resolved, Qin Luo's prestige will undoubtedly rise to the highest level!

And after having an interest relationship, everyone will naturally come together and hug each other tightly.

Once this battle is successful, the cohesion, unity, and influence of the entire Resource Trade Alliance will rise significantly.

Originally, the Resource Trade Alliance needed to constantly pull people from the outside and persuade them to join the alliance; in the future, it will be those merchants begging to join the alliance!

By then, it will truly influence the price of all metals on the market!

"It's a pity, I don't have Energy Points in my hands right now!"

"Otherwise, I would love to buy all the Red Iron at two or three points on the market!"

Qin Luo paid attention to the changes in the Trading Market.

During the day, the Red Iron price generally maintained at about five Energy Points.

At night, which was after Ouyang Guan's thread was posted, the Red Iron price suddenly appeared to have a huge collapse; on the market, a large amount of Red Iron at two or three points appeared.

Qin Luo discovered through some transaction records that the Lords buying and selling were the same few people, and they traded back and forth many times.

It is very obvious that someone is using this method to crash the market.

Added to the influence of Ouyang Guan's thread, many merchant Lords became panicked and rushed to dump Red Iron, fearing that Red Iron would plummet like the food of the previous days.

And this phenomenon is still continuing.

After all, not all merchant Lords are shrewd and smart, and it is easy to be influenced by some misleading information.

As for now, under the influence of Qin Luo and the many Lords of the Resource Trade Alliance, they have started to sweep goods on the market on a large scale, purchasing low-priced Red Iron, and then listing it at a high price of ten Energy Points per unit.

Regardless of whether anyone buys it, at least the price is set there.

At least some merchant Lords, seeing the high-priced Red Iron appearing on the market, will suspect whether they sold their own at a low price!

Either they stop selling at a low price and choose to continue watching, or they follow the merchants of the Resource Trade Alliance and choose to sell at a high price.

Through the combination of punches implemented by the Resource Trade Alliance, the Red Iron trading on the market has dropped rapidly!

Many low-priced Red Irons were bought by the Lords of the Resource Trade Alliance and listed at extremely high prices.

Although these high-priced Red Irons were not bought by anyone at all, they flooded the entire market.

As long as one searches for Red Iron on the market, all that appears is the uniform high price of ten Energy Points, and the quantity is also very large.

As for low-priced Red Iron, it cannot be seen at all, and even if found, it cannot be bought.

One must know that at the same time, there are many Lords of the Resource Trade Alliance snatching various low-priced Red Irons on the market!

This caused many competitors to appear for the Lords who originally urgently needed to purchase Red Iron.

"It seems the preliminary plan was successful!"

More than half an hour passed, and the entire market could be described as surging with wind and clouds.

The Red Iron that was originally suppressed by Ouyang Guan did not fall but rose in price.

Of course, the transaction volume of Red Iron that rose to ten Energy Points was pitifully low.

But precisely because of this, the Red Iron transaction volume on the market instantly fell to the bottom.

Whether buyers or merchants, all were watching, forming a strange phenomenon.

Even those merchants who were originally panicked chose to watch and no longer sell Red Iron.

At the same time, the Lords in the Resource Trade Alliance group chat continued to surge, soon breaking through to the number of fifty thousand!

This growth speed is simply unimaginable.

Even Qin Luo did not expect it to be so fast!

For those newly joined merchant Lords, the old members constantly popularized knowledge to them and instilled the concepts proposed by Qin Luo.

(End of chapter)