You chose: Pull out a ledger showing how liquidating the cloudy sapphires would barely dent the hoard's total volume.
image depicting a massive red dragon examining a glowing holographic projection of treasure with a tiny human advisor standing nearby in a cavernous gold-filled chamber

You quickly summon a floating ledger from your enchanted briefcase, its pages glowing faintly with arcane calculations. The parchment unfurls dramatically midair, displaying a holographic projection of Valthorix's entire hoard rotating above the desk. With a precise finger motion, you isolate three tiny sections that pulse with a soft blue light.

'These represent the cloudy sapphires in question, Your Financial Omnipotence,' you say, tapping one cluster to make it expand. The 3D visualization shows how removing these imperfect gems would barely disturb the glittering mountain of wealth. 'Approximately 0.0003% of total hoard volume by my calculations.'

Valthorix leans in until his massive snout nearly touches the projection, his nostrils flaring as he examines the figures. The glow reflects off his crimson scales, casting dancing ruby patterns across the cavern walls. You discreetly activate the abacus's reassurance function, which begins emitting soothing chime-like calculations.

'And these... alchemy shares,' the dragon growls, tapping a claw through the projection. 'They would grow like hatchlings? With proper... nurturing?' His tail unconsciously curls around a nearby pillar of gold coins, as if protecting them from the very idea of investment.

You produce a small hourglass from your sleeve, its sands flowing upward. 'Within three human generations, even conservative estimates show your position could purchase entire elven kingdoms. Imagine owning the mines themselves rather than just their output.' The volcanic rumbling ceases entirely as Valthorix's breathing slows to a thoughtful rhythm.

What will you do next?