God of Technology: Creating the Internet in Another World-Chapter 455: I’m Going to Take This Gamble!

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Chapter 455: I’m Going to Take This Gamble!

In this kind of atmosphere, Viscount Roster launched his final wave of operations.

He directly initiated a buyback program at one-fifth the original steel price—meaning the steel buyback price was only 2% of the peak futures price.

This price was basically highway robbery.

But even so, those holding steel futures still chose to sell to Viscount Roster one after another.

At least most people made that choice.

Because the price of steel futures was dropping every single day. If this kept up, they were afraid they’d end up with nothing.

Right now, land values had crashed to an outrageous degree.

The vast majority of nobles had already given up on the idea of buying back their land.

Even though these nobles combined had invested billions of gold coins into steel futures and could only get back tens of millions now, tens of millions was still money!

At least with this money, they still had a chance to bounce back.

Maybe they’d learned their lesson from before.

When Foster Iron Mine wanted to buy back, they all chose to refuse, ended up missing the opportunity, and couldn’t sell anything.

Now that Viscount Roster was willing to be the bag holder, most people immediately chose to sell to him.

City of Gold.

Clarkson family.

"Patriarch, at this point, what are you hesitating for? Just hurry up and sell to Viscount Roster. We can at least recover a few hundred thousand gold coins. Our family has always focused on business. With these few hundred thousand gold coins, we’ll have a bright future. If we keep dragging this out and Viscount Roster stops buying, we’re really done for!"

Listening to the family elders nagging away, the Clarkson family patriarch’s face was grim. Maybe because of all the recent shocks, his hair had already gone completely white.

But it was precisely because of everything he’d been through lately that something seemed to have awakened in him.

"Why would Viscount Roster choose to buy steel at this exact moment?"

The patriarch’s words made everyone pause.

What kind of question was that?

He was already the biggest steel consumer anyway.

Wasn’t it totally normal for him to want to buy steel?

Seeing that steel prices were cheap now, so he wanted to buy in—didn’t that make perfect sense?

Hearing their responses, the Clarkson patriarch shook his head. "No, based on current trends, steel prices probably haven’t dropped low enough yet."

"Viscount Roster could totally wait until prices go even lower."

"There must be something making him rush to buy now."

"So couldn’t we interpret this to mean that steel prices are actually way below what the market value should be, even if all those futures get produced?"

Hearing the patriarch’s words, the people in the family meeting room fell silent for a moment.

It did seem like that was possible.

But did they dare gamble on it?

Their family’s liquid funds were down to just a few thousand gold coins.

It was hard enough just to feed everyone.

"This is our best chance to turn things around."

The Clarkson patriarch naturally knew what his family members were thinking. He waved his hand dismissively. "You all should know better than me—if we trade away all this steel futures today, trying to restore the family’s original businesses and recover quickly is basically impossible."

"We have to gamble. Gamble that Viscount Roster has some major project that’ll consume massive amounts of steel, and that’s exactly why he’s making his move right now."

"What business venture doesn’t have risks? I’ve decided—we’re not selling!"

Other family members seemed like they wanted to object, but faced with the iron-willed patriarch, they could only compromise.

Of course, behind his back they were gossiping like crazy, and some even banded together wanting to depose him.

Every situation has its exceptions, and the Clarkson family was definitely one.

Viscount Roster very smoothly bought back over 99% of the steel futures on the futures market at 2% of their peak price.

"The little bit that’s left are the smart ones among these idiots."

After hearing his subordinates’ report, Viscount Roster nodded. "In that case, let’s not wait anymore."

"It’s fine to let them recover a bit."

"Smart gift package."

Once the land and steel funds were all recovered, Viscount Roster didn’t have a shred of worry left and immediately began preparations. 𝑓𝘳𝘦𝑒𝑤𝑒𝘣𝘯ℴ𝘷𝘦𝓁.𝑐𝑜𝑚

Before long, a bunch of people who had some influence on the Magic Net, held certain power in reality, and hadn’t suffered too badly in this steel futures incident all received invitations from Viscount Roster.

Mid-Frigid Moon.

Most of the continent was already covered in ice and snow. Even in the warmest Southern territories of the Kingdom of Dawn, ice and snow were everywhere.

Viscount Roster stood at the gates of the South’s largest city, welcoming the arriving guests one by one.

When these people reached the Southern territories, every single one was stunned.

They saw that despair-inducing steel just laid out on the ground, extending from inside the city, shooting straight toward the distance, with no end in sight.

"What is this thing?"

"Looks like it’s built from steel."

"What’s Viscount Roster up to now? This is way too extravagant."

"This is literally paving roads with gold."

"Wait, if roads like this need to be laid everywhere, won’t all that steel from the futures market get consumed super fast?"

"Even if there’s tons of steel, you can’t just lay it on the ground. What value does laying it on the ground create?"

"..."

These people had no clue why Viscount Roster had invited them!

All they saw was a massive amount of rails—rails with no end in sight.

The Clarkson patriarch was among the crowd.

Looking at these rails, an idea instantly hit him.

Could it be... some new Magic Conductor had to be built on top of this steel?

If that was the case, he’d understand why Viscount Roster suddenly chose to buy up all the steel futures.

He’d understand even better why Viscount Roster made the choices he did in this steel futures incident.

Maybe because costs were too high, Viscount Roster had been holding back, quietly waiting for the steel futures to crash.

If his project launched, steel prices definitely couldn’t drop, which would make his previous arguments on the Futures Trading Report totally understandable.

But all that was in the past now.

What he really wanted to know now was—what exactly did Viscount Roster want to use this steel for?

If it really matched his guess, if this steel was prepared for some new, incredibly powerful Magic Conductor, then that meant steel prices were about to rebound.

Everything he’d lost would get back on track.

He might even turn those profits he’d fantasized about into real, solid earnings!