Chapter 1562: 90 Wealth Flaunts Power! A Series of Poisonous Schemes

Chapter 1562: Chapter 90 Wealth Flaunts Power! A Series of Poisonous Schemes

…

The Mysterious Iron Market in Immortal City has gone mad.

The dignified Black Armor Division has been exposed for fraud, colluding with Dongqian to perform a short-selling scheme. Using fake news, they suppressed the price of Xuan Iron Ingots and acquired ten thousand sets of Xuan Iron Ingots in the process.

Countless prominent families and commerce groups who “sold their Xuan Iron Ingots at low prices” are now cursing the Black Armor Division. Especially its director Zhao Xiqing and the Minister of the Immortal Soldiers Department, King of Zhennan—they have become the targets of endless gossip and criticism.

If curses could kill, Zhao Xiqing and King of Zhennan might have already died countless times.

In the wake of this turmoil, the previously high-priced Xuan Iron Ingots have surged once again, quickly breaking through eleven hundred, twelve hundred, and heading straight toward thirteen hundred.

Meanwhile,

At the Wei Family Commerce Headquarters in Immortal City, a meeting is underway among the core members of the Wei Family.

A Great Elder flips through the account book with a puzzled expression: “Everyone, something seems off. Logically, at this price point, many small and medium prominent families with stock should hesitate to sell freely. Why are occasional batches of Xuan Iron Ingots still appearing in the market?”

“Perhaps… we’ve underestimated the inventory of Xuan Iron Ingots accumulated by these small and medium prominent families during the years of steady price increases,” another elder analyzes. “Since yesterday, no new batches have appeared in the market—they are likely already squeezed dry.”

“Rest assured, the Black Armor Division of the Immortal Soldiers Department can’t hold out much longer,” Wei Mingyu nonchalantly remarks with smug confidence. “Just this morning, King of Zhennan sent out a messenger, expressing interest in earnest talks with us Wei Family.”

“Mingyu, how much Xuan Iron do we have in total on our books at this moment?” Wei Deming, the Old Ancestor, frowns slightly, sensing an ominous premonition.

“Probably around four or five hundred thousand?” Wei Mingyu replies. “These last few days, I’ve been focused on orchestrating the speculation and acquisition battles, so I haven’t kept tabs on the exact amount.”

One of the Great Elders immediately opens the account book and quickly calculates. His expression shifts slightly: “We have over six hundred and ten thousand units of Xuan Iron Ingots in inventory!”

“That much? Far exceeding Black Armor Division’s needs.” Wei Mingyu is startled, but he quickly regains composure and says, “No need to panic, everyone. By now, nearly the entirety of the Immortal Dynasty’s Xuan Iron reserves should be in our hands.”

“As long as we Wei Family and the Han Clan jointly stop mining Xuan Iron, there’s no way anyone can produce such quantities even in a few hundred years. With this monopolistic supply-demand relationship, won’t the price of Xuan Iron Ingots be dictated entirely by us?”

“What’s more, Black Armor Division has at most ten to twenty thousand ingots—leaving a shortfall of nearly twenty thousand units. If we sell forty thousand sets at once, refusing to release even a single set less, Black Armor Division will have no choice but to buy. No matter the circumstances, this round, we profit immensely.”

Following Wei Mingyu’s explanation, the assembled Great Elders feel reassured, each displaying expressions brimming with joy.

In this round, the Wei Family has earned such a massive amount of Immortal Crystals that each house and lineage can vie to cultivate several Great Heavenly Prides.

In the coming years, the Wei Family is set to experience immense, leapfrog-style growth.

And just at this moment,

The door guard reports: “Old Ancestor Deming, King of Zhennan has come to pay his respects.”

Wei Deming’s spirits uplift, and he laughs heartily: “Mingyu, you were indeed correct in your prediction. This time, let’s go greet King of Zhennan together.”

Outside the plaza at the Wei Family Main Residence, the luxurious flying carriage belonging to King of Zhennan has now come to a halt.

It’s only when the Wei Family members approach that King of Zhennan, clad in a grand Duke’s ceremonial robe and exuding an imposing presence, steps down from the flying carriage at a leisurely pace.

Following closely behind is the Black Armor Division Director Zhao Xiqing.

She remains dressed in her signature light blue long dress, her expression calm with an extraordinary demeanor. Standing beside the Transcendent Void Realm King of Zhennan, she doesn’t appear overly overshadowed.

Although the prominent families engage in both overt and covert battles, the surface-level niceties of protocol cannot be dispensed with.

Soon, Old Ancestor Wei Deming, Wei Mingyu, and the core members of the Wei Family warmly escort the duo into the VIP hall of the Wei Family Commerce Headquarters.

After a round of polite formalities, everyone took their seats according to their status. Those meant to stand stood, followed by a round of Spirit Tea and Spirit Fruit offerings.

A few cups later,

The conversation finally delves into the main subject.

“Your Highness, this visit to our Wei Family Commerce is presumably regarding Xuan Iron Ingots?” Wei Deming respectfully bows with cupped hands. “However, Wei Family’s Mingyu has been overseeing this matter—it’s better for him to elaborate.”

“Go ahead,” King of Zhennan, calm and composed, sips his tea with an unreadable expression.

“Old Ancestor, Your Highness King of Zhennan,” Wei Mingyu performs the proper junior bow and confidently starts speaking, “Our Wei Family, over the course of several centuries, has indeed accumulated some Xuan Iron Ingots, but precisely for this reason, we’ve also been living on the edge financially. Sigh, with so many people in the family, the annual Immortal Crystal expenditure is a bottomless pit—poor as we are, many times we’ve had to sell off assets to get by.”

King of Zhennan remains indifferent and even gestures for Wei Mingyu to continue. That gesture seemed to say, “Go on with your performance.”

This was a gesture he had learned from Wang Fugui, believing it particularly satisfying in the current context.

“As Your Highness previously mentioned, these Xuan Iron Ingots are meant for crafting thirty thousand Black Armors to support the Human race’s battles on foreign battlefields,” Wei Mingyu continues with an air of righteous resolve. “As a member of the Immortal Dynasty, our Wei Family naturally feels obligated to contribute. Therefore, we’ve decided to supply forty thousand sets of Xuan Iron Ingots to the Black Armor Division at a price one hundred Immortal Crystals below the market rate—selling at a loss for the greater good.”