Go back in time and be a chaebol

Chapter 1198 Becoming the Global Capital Maker (rd update, please subscribe)
"…U.S. Treasury Secretary Anderson's visit was obviously to discuss the "international gold buying spree" with Finance Minister Zhao. According to the plan…"

Listening to the voice coming from the radio, Feng Jingyun would occasionally fall into deep thought, thinking about the upcoming meeting.

The black BMW 600 Pullman was driving along the mountain highway, and Feng Jingyun would occasionally look out the window.

The Genting Expressway is jokingly called "Highway 0". This expressway leading to Genting Highlands is the first expressway in Nanyang. On the plateau, which is about 1700 meters above sea level, there are lush forests, flourishing flowers and plants, and the air is fresh and pleasant. There are also some lakes dotted in it. The plateau is surrounded by clouds and mist, like the Penglai Fairy Pavilion in the sea of ​​clouds, or like a mirage.

Unlike Chang'an, where temperatures are high all year round, the temperature here is around 22°C all year round. When Nanyang was first built, this place was chosen as the location of the research institute and Nanyang University because of its cool weather. Many European experts and their families lived on this plateau.

Of course, this is not only the academic center of Nanyang, but also a famous wealthy area in Nanyang. People living here are often either rich or noble.

The guest that Feng Jingyun was going to visit today lived in Genting Highlands. The car drove in another direction at a fork in Highway 0. One side of the road led to Nanyang University and Science City. Science City was centered around Nanyang University and several research institutes. In order to achieve the goal of "building a country based on technology", Nanyang established a science and industrial park there five years ago.

However, the purpose of Feng Jingyun's trip was not to visit the science city which is famous both at home and abroad. He was going to another place. When the car turned over a mountain, a high mountain lake came into view. The lake was an artificial reservoir. There were many such reservoirs around Chang'an. In the past ten years, in order to solve the problem of lack of large rivers and lakes near Chang'an and the shortage of water resources, engineers have formed hundreds of artificial lakes by building dams. In the rainy season, they can not only control floods, but also meet Chang'an's demand for fresh water resources.

These artificial lakes of various sizes have become a part of Chang'an's landscape. Many people come there to invest in real estate, especially in Genting. On the shores of Yunmeng Lake, there are hundreds of manors of various sizes. The people who live here are definitely either rich or noble.

Soon, the car drove into a manor. While the car was driving, Feng Jingyun cast his eyes towards the Yunmeng Lake in the distance. The lake was dotted with white sails and was shrouded in clouds and mist, like a fairyland.

Then the car stopped in front of a European-style palace. Feng Jingyun took a look at the house and thought for a moment before getting out of the car. The temperature outside was not much hotter than inside the car. This was why the housing prices here were so expensive.

An Indian servant in a suit said in fluent English:

"Mr. Feng, His Highness is waiting for you."

Who is your highness?

Of course, it was Ali Khan who had just fled to Southeast Asia. Now Ali Khan had long given up the hope of returning to Hyderabad and was just enjoying life here.

After arriving in Chang'an, Ali Khan found that this place was more suitable for him than London. As long as he had money, he could enjoy everything here. For example, he bought this palace for only $700 million.

And money... Ali Khan has no shortage of it. Today, Feng Jingyun came to give him money, or rather, brought him an investment suggestion.

"...As you can see in the picture, the current international gold price has risen to $41 per ounce due to purchases by various countries, which is 18% higher than the official price. So now is the best time to sell gold. Your Highness, based on the gold you currently hold, if you sell it at this high price, you can get an additional profit of more than $ million."

Looking through the report in his hand, Ali Khan did not speak immediately. He was not good at investment. In fact, he did not understand it at all. But even so, he had to admit that the report brought by Feng Jingyun was indeed very touching.

"By selling gold, you can not only make a profit of more than $7 million in cash, but also deposit this money in multiple banks. Through the custody services they provide, you can get a return of $5000 million per year, which is obviously more cost-effective than keeping the gold in the vault. After all, the annual custody fee alone is... well, $600 million! This loss is equivalent to a 1% loss per year."

Feng Jingyun looked very sincere, as if he was completely considerate of the other party, while Ali Khan asked curiously:

"Mr. Feng, you are the owner of the gold company. Isn't it more in your interest to charge a storage fee than to sell it?"

"Your Highness, compared to the custody fee, I hope my clients can get more benefits and manage their wealth reasonably!"

Shit!

This is all a lie. The reason why Feng Jingyun came here is to persuade Ali Khan to sell off the hundreds of tons of gold he holds. Of course, Ali Khan can get rich returns in the process.

And what about Nanyang?
On the one hand, it can fulfill the promise between China and the United States, and on the other hand, it can avoid the outflow of gold. After all, the more than 3000 tons of gold reserves in Nanyang are not too much, but not too little. They are all real gold and silver, and it is better not to move them.

Ali Khan thought for a while and asked:

"But, as you said, since all countries are buying gold now, will the price of gold continue to rise in the future?"

In response to Ali Khan's question, Feng Jingyun directly took out a newspaper and said:

"Your Highness, you see, the U.S. Treasury Secretary has arrived in Chang'an. He will also visit Western European countries in the next few days. There is no doubt that all countries will coordinate to maintain the international gold price. After all, the "Bredesen System" has determined the gold price, and the economies of various countries have long been closely tied to it. In this case, the current high price of gold can only last for a few days. Your Highness, don't miss the opportunity!"

Of course, the opportunity cannot be missed. This is true for these princes and the same is true for Nanyang. After all, Nanyang needs to sell gold to stabilize the gold price in the international market, but Nanyang's gold cannot be sold casually. After all, Nanyang has accumulated a little wealth with great difficulty, and it is impossible to casually stick a knife in the ribs for others. Therefore, these princes who hold a large amount of gold in their hands have become the best choice. The gold in their hands is not even less than the national reserves of Nanyang! It can only be said that they are really good at squeezing the people's fat!

At this time, of course they have to bleed. No, for their own benefit, of course they have to sell their gold at a high price! In this way, they get cash, and what about Nanyang? Not only does it help the market stabilize the gold price, but they don't have to pay a gram of gold themselves, and they can even absorb a batch of gold by the way. After all, Nanyang's gold reserves are only more than 3,000 tons, and gold is not too much no matter how much.

So, Feng Jingyun visited the prince.

Faced with such persuasion, although Ali Khan was a little hesitant, he did not agree immediately and just said that he could consider it. But in fact, he was also tempted. After all, it was necessary to pay a storage fee to store the gold in the vault, but if he handed it over to a bank in Nanyang, he could get extremely generous returns every year.

After leaving Ali Khan's manor, Feng Jingyun went to visit another prince...

While Feng Jingyun was visiting the princes and persuading them to abandon gold while the price was high, in the study of "Daming Palace", Li Yian was listening to Zhao Shijie's report.

"…The United States agrees and supports Yongan becoming the world's third financial center. Finance Minister Andrew also believes that money needs to flow, and New York and London alone cannot meet the needs of international trade…"

These are just official words, what is the real intention?
"gold,"

Finally, Zhao Shijie smiled.

"Secretary Anderson believes that by selling gold and maintaining the stability of the international gold price, Yong'an will be able to become an international financial center. He also suggested that the central banks of the United States, Southeast Asia, Britain, West Germany, France, Switzerland, Italy, Belgium and other countries form an organization to jointly sell gold to prevent the gold price from exceeding the fixed exchange rate of US$35.2 per ounce. The member banks will provide a certain amount of gold to form a central gold reserve pool..."

“The central reserve pool of gold.”

Li Yian's eyebrows jumped and said:

"The Americans have made a good calculation. In the past, the gold standard was supported by the US gold reserves, but now it is all member countries that support the gold standard together."

"Sir, this gold pool must be established in London, because the UK controls 70% of the world's mined gold - South African gold will only be traded through London, and the Bank of England has sufficient capital to maintain the gold price level by buying low and selling high on the London Gold Exchange."

“This is the legacy of the British Empire.”

Li Yian said with an envious testimony:

"Because South Africa is a member of the Commonwealth and the world's largest gold producer, the UK has a natural advantage in this regard that no one else can compete with. Forty years ago, the morning price in London has been the authoritative price for gold in the world. Now...if nothing unexpected happens, in order to meet the needs of the US market, the London gold market will definitely launch afternoon quotes and report the fixing price in London afternoon time...Well, this is an international financial center!"

After a little sorting, Li Yian basically understood the formation of the international financial center - it was precisely because of this "gold buying spree". Before this, the London and New York Stock Exchanges were relatively independent, but after this, with the connection between London and New York, the international financial center was formed.

Now, Li Yian finally found the source!
"Sir, it seems to be true. Capital is in motion day and night. After London and New York are connected, the world's financial operation model will undergo a fundamental change, and we can participate in it. The 24-hour uninterrupted global financial circulation formed by the three major exchanges of Yong'an, London and New York is in line with the interests of capital."

After Zhao Shijie finished speaking, Li Yian said:
"Yes, this is exactly why we need to build Yong'an into an international financial center. The earth may have sunsets and sunrises, but the flow of capital is eternal. What we need is to create a place where capital can flow forever."

When saying this, Li Yian's mouth curled up slightly. In the eyes of some people, capital is evil, all evils belong to capital, and capital will bring all kinds of harm to mankind. But no one can deny that capital is a double-edged sword, and uncontrolled capital is the biggest threat.

However, no matter how capital flows, it always needs a place to flow. This is the significance of the existence of international financial centers. All capital will flow and operate through international financial centers.

This means that capital is controlled in this process - as we all know, the winner in a casino is always the dealer.

The international financial center is the banker of global capital, but there is not just one banker because the flow of capital is eternal.

What Nanyang needs is to become one of the dealers, so as to control capital to a certain extent, and use capital to reap the world's wealth, rather than being reaped by capital.

Reap wealth - only the dealer in the casino has the capital to do this.

Over the years, what Li Yian has been committed to becoming is a global capital market maker.

This thing must be an international financial center, and a truly international financial center, an international financial center with autonomy like London and New York.

(End of this chapter)