Chapter 1557: Chapter 89 Rich Digs a Huge Pit for the Wei Family!
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Cold Moon Immortal City.
[LinLangZhai].
This is a renowned restaurant located in the southern part of the Immortal City. Known for its elegant décor and high degree of privacy, it has gained the favor of many prominent families in the city, making it bustling with guests and prosperous on normal days.
Many young heirs of the prominent families enjoy choosing LinLangZhai as the venue for their gatherings, inviting three to five companions to either engage in casual gossip, discuss current events, or simply sit leisurely while sipping tea for a carefree and pleasant experience.
On this particular day.
LinLangZhai welcod several guests who had arrived in haste with somber expressions.
After skillfully booking a private room and waiting for the fruit plates to be served, the group of people gathered and began their eting.
“You’ve heard the news, haven’t you?”
“You’ve heard it too?”
They exchanged glances and saw the sa anxiety reflected on each other’s faces, followed by a collective sigh.
“It seems the news is true.” One of them, a middle-aged scholar in a green robe, frowned heavily, his face grave. “When I first heard that East Qian Country discovered the giant Black Iron Ore Vein, I assud it was just a hoax. But who would’ve thought…”
“Who wouldn’t be surprised?” Another plump middle-aged man sighed. “Who could have imagined that East Qian Country, a small frontier nation, would have such incredible luck? The Black Iron Ore has already been transported to the Black Armor Division, and rumor has it a new batch of Black Armor is already beginning production. Artifact Refiners in the Black Armor Division have been so busy that they’ve vanished from sight. This thing is most likely real.”
“The Black Armor Division is backed by the Prince of the South. Even if East Qian Country possesses unimaginable Divine Skills, it’s improbable they could trick the Prince into cooperating in such a farce.”
The more they discussed the matter, the less plausible the notion of false information seed, leaving them furrowing their brows deeper and deeper.
Everyone was aware that, due to the prolonged battles on the outer realms, the Immortal Soldier Departnt consud a massive amount of refining materials yearly, particularly Black Iron.
Over ti, this naturally gave rise to many familial clans in the Immortal City hoarding Black Iron Ingots to profit from the price differences.
Though their reserves of Black Iron Ingots paled in comparison with mining giants like the Wei Family or the Han Clan, the combined stash among these prominent families was still quite significant.
This group of middle-aged people ca from Second- and Third-Class Aristocratic Families of the Immortal City. Their families also held significant quantities of Black Iron Ingots in stock. Now, with the price of Black Iron Ingots teetering on a verge of major fluctuations, they couldn’t help but feel anxious about what the future might bring.
“Alright, alright~ Everyone quit your frowning faces.” At this mont, the youngest black-robed man in the group spoke up. “I don’t think the situation is as dire as you all make it out to be. Whether the news about the giant Black Iron Ore Vein from East Qian Country is true or not remains unsettled. But in my opinion, instead of wasting ti here worrying, we’d be better off thinking of a solution while ti is still on our side.”
The others turned to look at him upon hearing this. “Brother Yu Ming, what do you an by that?”
The black-robed man responded, “I plan to sell off all the Black Iron Ingots my family has hoarded.”
“What?” The plump middle-aged man was stunned. “The market price for Black Iron Ingots has already dropped significantly. If you sell now, and the news turns out to be fake later, the losses won’t be trivial. How will you explain that to your Family Head?”
The scholarly man in the green robe thought further ahead, scrutinizing the black-robed man with suspicion. “Brother Yu Ming, do you have insider information? I recall you have a cousin working in East Qian Country. Did she tell you sothing?”
It turned out that this black-robed man was nad Luo Yu Ming, a mber of the Luo Clan.
“Co on~ How could I have insider information?” Luo Yu Ming chuckled sheepishly. “You know, I may be cousins with Yu Qing, but our age gap is significant, and we’ve barely interacted over the years. Besides, she’s a Great Heavenly Proud now. Whatever issues arise, she directly consults with the Family Head. I’m nowhere close to that. But…”
Halfway through his sentence, his tone abruptly beca heavier as he lowered his voice: “When I reported this matter to the Family Head earlier today, he didn’t even take a second to think before giving the green light. He even urged to act swiftly. I have a feeling our Family Head knows sothing.”
“Listening to you reminds of sothing…” The plump middle-aged man shifted his gaze, suddenly speaking with eagerness. “This recent decline in the price of Black Iron Ingots isn’t just due to panic sparked by the news; a significant factor has been the entry of a substantial number of Black Iron Ingots into the market, driving down the price…”
“Are you referring to the Ying Clan?”
As soon as he spoke, the well-inford individuals present instantly connected the dots.
“Not just them,” the plump middle-aged man’s eyes glead with excitent, as though uncovering a major secret. “The Wu’s Family has also been quietly selling off their Black Iron Ingots. However, their actions are far more discreet. I only suspected it after overhearing sothing from a relative working in their household.”
“And it seems the Wang family as well…”
Piecing together the clues, everyone was astonished to realize that, within the past month, three major prominent families—including the Ying Clan—had discreetly offloaded their Black Iron Ingots. No wonder the price had plumted so steeply.
It was worth noting that both the Ying Clan and Wang family were First Grade prominent families, while the Wu Family of the Cold Moon was among the Immortal Dynasty’s rare Overquality families, ranking among its top elite clans.
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