Farmers in the courtyard

Chapter 350 Chapter 351: Take action against HSBC
Capital is profit-seeking, and finance is not just about buying low and selling high, but a variety of mixed models, short and long.

Gold went as Wang Zhendong expected, and the international gold price rose wildly, causing the shipments of several gold jewelry stores he had opened in Xiangjiang to surge.

Of course, Wang Zhendong doesn't care about this. His situation of rising gold prices is not physical gold in overseas markets.

Although there are no futures transactions now, futures originated from item ordering contracts and have actually existed for a long time. However, formalized transactions have not begun, and no proprietary platforms have emerged.

But ordering contracts is futures, and Wang Zhendong took advantage of this.

Book low and sell high. There is no physical object. What you are selling is contract options.

Of course, many of them were planned by Xu Zhengbai and John's secret team.

Not just gold, but also all walks of life. Now that the financial crisis has really happened, how can it be possible without plundering?

The layout over the years, coupled with his huge capital flow, has already attracted the attention of countries around the world and is ready.

It must be said that the US dollar is strong. After being affected by the decline, it quickly rebounded and became even stronger.

The initial plunder was actually very simple, which was to print money, just like in the post-war years, the US dollars in countries around the world were created from scratch.

Countries cannot resist.

Is it reasonable for me to print some money and buy things at your house?

But once Ami’s printing press is turned on, won’t they be able to buy things internationally?

If one rises, the other must fall. If gold is strong, the U.S. dollar will fall. If the U.S. dollar is strong, gold will also fall.

Many people in later generations think that this is a very reasonable international financial system. In fact, they do not know that Aramco relies on coercion and inducement, holding a big stick.

But if you go to my house to buy something, you have to use the money I printed. It’s useless if you print it yourself. Is that reasonable?
Where did Aramco’s tens of trillions in debt come from?
All excuses and reasons are useless. On the surface, it is a Ponzi scheme, and it is getting bigger and bigger. In fact, the underlying logic is to print too many dollars.

But now the gold dollar does not necessarily rise when gold rises. That is, there is a problem in the US treasury, and the dollar will definitely be worse than the pound.

Many domestic economists in later generations have made various analyzes and praised European, American and Western economics, saying that everything is in line with economic logic.

When printing one dollar of US dollars, it must correspond to this and that. Money will not be printed indiscriminately, and what will happen if money is printed indiscriminately.

Just like why the United States gave up gold dollars and adopted petrodollars, it is because the stock of gold is limited, while printing dollars is unlimited.

Any reasons and excuses are actually superficial, and the underlying logic will not change. From the layout of the Middle East to the collapse of Asso, almost all oil-producing countries will be targeted by Aramco.

The hegemony of the US dollar was also achieved step by step. When the US dollar became an international currency, Aramco's capital began to use US dollars to plunder the world.

Gold can no longer hang on to the U.S. dollar. There are too many U.S. dollars printed and there is not that much gold. However, the large amount of oil is also irreplaceable and indispensable.

This is simply more profitable than robbing.

Aramco prints money, and if countries want to trade in U.S. dollars, they have to transport their own gold to Aramco as collateral to get U.S. dollars.

Now it is the gold dollar, which is what people often call the U.S. dollar. The U.S. dollar is like gold.

In this process, one can imagine how much Ami has plundered.

To put it bluntly, it is just plain robbery, and there is no reasonable system.

It can be seen that Ami has actually started thinking about gold alternatives for a long time.

Therefore, if gold rises, the U.S. dollar will also strengthen. Unless we wait until the petrodollar in the future, gold and the U.S. dollar will be inversely related.

I really thought they were following bullshit economic logic!
Those are just external things. From ancient times to the present, the economy has been plunder, fraud and exploitation.

Just like the stock market, why does it rise when there is good news?
Is what is rising really its essence?

Therefore, it is all influenced by human factors, and there is no correct model, otherwise it would not be bad-mouthing or anything like that.

The right to speak is in the hands of the upper management, and the gameplay is also determined by others.

What many people in later generations call "cutting leeks" actually means being robbed, defrauded and exploited. Of course, ordinary people are ordinary people after all, and their joys, anger, sorrows and joys are controlled.

And now that Wang Zhendong has triggered the financial crisis, he is equally cold-blooded, even though he knows that many ordinary people in the world will be affected.

He will not have any mood swings, even in Xiangjiang. Many people at the bottom have been affected.

This is the cold-bloodedness and ruthlessness of capital.

A few days later, Wang Zhendong was also ready to return to Sijiu City. Generally speaking, the start was very good, and the set goals were achieved one by one.

The hunt for HSBC had also begun early. At this time, HSBC was already in dire straits and had insufficient liquidity.

This afternoon, Wang Zhendong is going to HSBC Bank to withdraw the gold he has stored, and then use pounds or Hong Kong dollars that have depreciated several times to repay the gold mortgage loans.

Once in and out, HSBC lost an unknown amount of money.

The amount of funds Wang Zhendong has borrowed over the years is also terrifying. HSBC has been working for Wang Zhendong for many years.

Of course, the key is not here. Wang Zhendong’s purpose is to withdraw the stored gold.

If HSBC cannot let him redeem his gold, then HSBC will really be unable to withstand it.

As the price of gold rises, countless people withdraw their deposits and buy gold and US dollars. You can imagine what HSBC's liquidity is like.

At around three o'clock in the afternoon, Wang Zhendong was driven to Tsuen Wan Pier by Zhao Duoli in disguise, where he boarded a luxury yacht and headed to the headquarters of HSBC Bank in Hong Kong Island.

For more than half an hour, Wang Zhendong appeared in the office of the chief executive of HSBC Bank, and was begged by the chief executive to let Wang Zhendong not withdraw the gold for the time being.

Turner spoke in non-standard Cantonese, with a hint of Mandarin, which he had obviously learned.

Although Turner promised high interest rates, Wang Zhendong shook his head and smiled: "Mr. Turner, all the Hong Kong dollars I borrowed have been deposited into your bank's account, and all the loans have been paid off, including interest.

Therefore, all the gold I have stored must be withdrawn..."

"Mr. Wang, since you must withdraw the gold, how about we deliver it to you in US dollars based on the current gold price?"

Turner knew that HSBC did not have that much gold, so he had to find another way and wanted to buy it out directly.

Although the price of gold is very high now, he would lose too much if he did so, but there was nothing he could do at this time, otherwise, if he could not pay, the credibility of HSBC would be ruined.

At this time, if such a scandal breaks out again, HSBC will really go bankrupt.

The wall has been pushed down by everyone, and international hot money and capital predators are eyeing it.

When the time comes, HSBC will change hands immediately.

Wang Zhendong smiled calmly, took out a large front door, held a box of matches, and lit them slowly, then shook his hand, extinguished the matches, and threw them in the ashtray on Turner's desk.

"Mr. Turner, actually I already know that HSBC is almost dead and empty. Even if I promise you, HSBC doesn't have the money to buy it out.

In the end, other capital will be introduced. Instead of doing this, how about directly exchanging my gold for your bank's shares at today's gold price? "

When Turner heard this, his heart was shocked. He stared at Wang Zhendong, trying to see something, but Wang Zhendong's indifferent smile prevented him from seeing through it.

Share transfer?

That's okay, but based on the current market conditions and the depreciation of HSBC, I'm afraid it will directly become the absolute majority shareholder.

This is absolutely unacceptable and will never be recognized in other countries.

Because in this way, HSBC will become a Chinese-owned bank, and I am afraid that he will not end well when he returns to China.

It seems that the only thing left is for the Governor's Office to come forward.

(End of this chapter)