Protect Our Clan Leader

Chapter 1559: Chapter 89: Rich Digs a Pit for the Wei Family! The Great Sinkhole_3

After much thought, he couldn’t help but suspect that Old Ancestor Dongyu had been deliberately delaying passing on the “Blazing Fire Codex” to Wei Mingyu, intending to leave a backup for Wei Qingyun in case he failed to seize the Sword Array Codex.

If that was indeed the case, then Wei Mingyu would be in big trouble.

One must know that although the Wei family has two Codices, only one is at present within the inheritance window. The second Old Ancestor of the Wei family is just over two thousand years old, making it impossible for his codex to be passed down right now.

With this thought in mind,

Wei Mingyu’s expression grew even darker, secretly pondering how to turn the situation around.

At this moment,

his trusted household head hurriedly came to report, “Young Master, Old Ancestor Dongyu has an important matter and requests your presence.”

“What’s the matter now?”

Wei Mingyu was slightly impatient.

The trusted household head glanced around, lowered his voice, and said, “It seems something major has happened. It’s said that Old Ancestor Dongyu’s face looks extremely bad.”

Wei Mingyu was shocked and quickly put down his teacup, hurrying to the “True Flame Residence” where Old Ancestor Dongyu was.

…

In the Warm Pavilion of the True Flame Residence,

the injured Wei Dongyu leaned against the couch, draped in clothing, his face as cold as ice.

Beside him were gathered some of the Wei family’s core members, each with a grim expression. Wei Mingyu was naturally among them.

The Wei family owns its own commerce, mainly dealing in raw mineral materials, finished spiritual artifacts, magical treasures, and treasure artifacts. Their business is not only booming but also spread across the main city of the Immortal Dynasty in all states and prefectures, with an extremely wide business scope.

The headquarters of the Wei Family Commerce in the main city of the Immortal Dynasty is not small, handling countless resources daily. It also undertakes the responsibility of connecting various places for the Wei family, networking, procuring materials, and transmitting information.

As an ancient Prominent Family with a lineage of over ten thousand years, the Wei family naturally has its own comprehensive information transmission system. However, due to the vast geography of the Immortal Dynasty, the speed of information transmission is usually slow, with messages often taking a month to reach the Wei family.

But in rare urgent cases, the information system would deploy one of its few Level Seven “Humble Winds Spirit Sparrow” to rapidly relay messages back to the Wei family.

This time, the intelligence received by the Wei family was conveyed by a Humble Winds Spirit Sparrow.

“A gigantic Mysterious Iron Vein discovered in East Qian Country,” “The Black Armor Department has harvested a large amount of mysterious iron ingots,” “Prominent Families of varying sizes in Immortal City begin to wildly sell off mysterious iron ingots, causing the price to plummet” — these pieces of news pierced like fatal swords into the hearts of the Wei family members.

In this era of soaring mysterious iron ingot prices, most families would hoard some mysterious iron ingots to earn a margin, but looking at the whole Immortal Dynasty, whose mysterious iron ingots are hoarded more than the Wei family’s?

Even the Han Clan of He Lan First Grade only hoarded about thirty percent of what the Wei family has stocked.

The price spike in mysterious iron ingots made the Wei family fabulously wealthy overnight. But if the prices plunged, the Wei family would also incur the most losses.

“East Qian Country?” Wei Mingyu mused for a moment, breaking the silence first, “If I recall correctly, during Qingyun’s attempt to seize the Sword Array Dual Ultimate Codex, the opponent was a descendant of the Dongqian Wang Clan, wasn’t it? Could this possibly be an action from that Dongqian Wang Clan against us?”

“Impossible.” Wei Qingyun shook his head with a grim face and said, “That Wang Clan is just a small Prominent Family in East Qian Country. Although they have a singularly talented junior, their family’s foundation is ordinary. We, the Wei family, haven’t even had the time to settle accounts with the Wang family. What capability do they have to dare make the first move against us? I think this is a coincidence.”

In recent times, Wei Qingyun’s days within the family had not been easy. Failing to seize the codex brought a host of trouble, and even a few days ago, he received threats from King Chaoyang not to touch that Wang Anye.

Due to these things, the elders of the various branches of the family had large opinions of Wei Qingyun, but because of Old Ancestor Dongyu’s protection, they dared not voice them openly.

“Whether it’s a coincidence or not is another matter.” Wei Mingyu said coldly, “But if the panic selling of mysterious iron ingots continues, the price will definitely collapse, and by then, our Wei family would suffer great losses.”

The second Old Ancestor of the Wei family, Wei Deming, nodded approvingly, “Mingyu, speak freely about what you think.”

Wei Deming is just over two thousand years old, at the prime age of a Transcendent Void Realm expert, appearing as if he has just reached middle age, looking composed and calm, exuding power with every gesture.

In the family, his status is second only to the first Old Ancestor Wei Dongyu.

“Indeed, Old Ancestor Deming.”

Wei Mingyu recognized this as an excellent opportunity to turn things around.

He immediately bowed to everyone and said aloud, “Let’s not discuss whether the discovery of the gigantic vein in Dongqian is true or not. Even if it is true, the elders must be well aware of the difficulty of mining and smelting the mysterious iron ores. How much reserve could Dongqian have accumulated in such a short time? Enough for five thousand sets of Black Armor? Or maybe ten thousand sets? In any case, it’s highly unlikely that they could satisfy the Black Armor Department’s demand for thirty thousand sets.”

“That’s reasonable.” Old Ancestor Deming’s eyes lit up, “The Han Clan took hundreds of years to slowly accumulate enough to meet ten thousand sets, and our Wei family also spent hundreds of years to achieve twenty-five thousand sets. Given the current situation, it’s most likely that the King of Zhennan from the Immortal Soldier Department is deliberately driving down prices.”

“Indeed. The King of Zhennan’s strategy is quite ruthless, aiming to cause panic selling. Big families can withstand it, but small families might not be able to hold on. Then, he can continually absorb mysterious iron ingots from the market at low prices. The more mysterious iron ingots he controls, the more bargaining power he has.” Wei Mingyu, thinking as he spoke, grew increasingly clear in his thoughts, “The current strategy could proceed on two fronts. First, we could persuade the large families and our allied families to refuse to sell mysterious iron ingots, thereby stabilizing the situation. Second, we could aggressively raise prices to buy up mysterious iron ingots from small and medium-sized families and traders, stabilizing the price of mysterious iron ingots and intercepting them.”

Source: Webnovel.com, updated by novlove.com