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Chapter 600: Leeks to cut capital

Chapter 600: Leeks to Cut Capital (Second update, please subscribe)

"The committee's duty is to ensure that the wealth plundered during the war is returned to their true owners in full and without fail!"

This is the speech given by the investigation team of the Three-Country Gold Return Commission to the press at the airport after arriving in Nanyang. When reporters asked whether Nanyang was involved in hiding "Nazi gold", they all chose to avoid talking about it, but they also mentioned that the increase in gold in Nanyang was too incredible.

It was the reporters' questions and their answers that added fuel to the already heated Nanyang Gold Market. It directly led to the skyrocketing price of gold in Nanyang.

For a time, everyone who paid attention to the price of gold entered the market one after another, trying to seize the opportunity and make a lot of money. Among them were many wealthy people from Shanghai and Nanyang. The news that they bought large amounts of gold at the Gold and Silver Exchange was naturally known to people in the industry. In addition, these bosses are already well-known, so there are many people who follow the trend and buy.

Therefore, by the end of April, the price of gold in Nanyang was fully 4% higher than that of international gold.

This is no longer a slightly high price, but a sky-high price.

Even so, there are still people who continue to increase leverage and be bullish on Nanyang gold prices. For a time, the most profitable business for Nanyang was investing in gold.

Looking at the rising gold price, Cheng Qingsong said from the side:
"Many people are now following the rise in buying prices, which has caused Nanyang's gold to rise! It's so high, it won't fall down!"

Facing Cheng Qingsong's inquiry, Chen Liang said proudly.

"What are we afraid of? So many bosses are not afraid, so what are we afraid of? Look now..."

Pointing his finger at the audience, the exchange below was crowded with people, and among the noise, there were bullish shouts everywhere.

Last week, a "speculator" who had just arrived aggressively bought 1000 million yuan of gold. He can definitely be called a big buyer. The current price of gold in Nanyang has been driven to the sky by these speculators.

"Is the current gold price too high?"

"It doesn't matter, no matter how expensive it is, it's not too much. Once it's confirmed that Nanyang is colluding with the Nazis, it won't be the price of gold that will skyrocket. Even the price of Nanyang will plummet! By then, our family's leverage will be worth mentioning. of."

When mentioning all this, Chen Liang's tone seemed very proud, as if he had already seen that moment.

By then he will truly become famous.

After listening to the boss's words, Cheng Qingsong said with some worry.

"However, although the boss's gold in Nanyang is out of touch with international gold and is subject to government control and does not allow free import and export, the import and export rights are in the hands of the government. Once the price of gold in Nanyang is too high, will the government sell the gold and come here to cash out? Woolen cloth?"

Hearing this, Chen Liang laughed and said calmly.

"You think the official is a gold merchant. The gold merchant can cash out, but the official can't. What is the gold reserve? That is the foundation of the country. They will never use the gold reserve unless it is absolutely necessary. If they do... it will hurt Fundamental!"

Faced with Cheng Qingsong's reminder, Chen Liang simply didn't believe that Nanyang officials would sell off the treasury gold. After all, the investigation team of the Gold Return Committee is here, how could they allow Nanyang to sell gold?
Chen Liang even said to Cheng Qingsong as a teacher.

"What is speculation? It's opportunity! At least until the investigation team comes to a conclusion, gold will continue to be bullish. By then, we will have almost sold the order and will be safe!"

But now everything has just begun, Chen Liangcai doesn't care, he will definitely not miss this good opportunity.

Cheng Qingsong nodded and said:
"oh, I understand now!"

In fact, he didn't understand. Not only he didn't understand, but Chen Liang didn't understand either. The speculators inside and outside the exchange didn't understand that what they were speculating on was not gold, but the destiny of the country.

They are betting that Nanyang's national destiny will decline, or that the national destiny will suffer setbacks, which will lead to currency devaluation and the outflow of gold. When speculative capital pours into the Nanyang gold market like crazy, what they don't know is that in a few years, In the presidential palace kilometers away, Li Nian had already opened the champagne.

"...As of the 30th, the amount of funds pouring into the market has reached 18.7 billion yuan, many of which have increased leverage..."

After listening to the report, Li Yian couldn't help but sigh. "They are so rich!"

In fact, Li Yian has heard about the financial resources of those bosses. Just like the big boss who exchanged 8 tons of gold at one time, it seems a bit unbelievable, but in fact there are quite a few people like this. According to the customs description Immigrants from Shanghai and Guangzhou, who have a slightly more prosperous family background, will carry with them anywhere from a few hundred taels to as many as a thousand taels of gold. This does not include the foreign exchange they transfer. Borneo Bank accepts of foreign exchange transferred out of Shanghai, with the highest amount exceeding US$3000 million.

Those bosses are really rich!

This is why Li Yian hopes to let them use their funds for industrial investment instead of depositing them in banks or speculation, but the results are somewhat unsatisfactory!
Now that they were betting against Nanyang officials, he took advantage of this opportunity to cut them like leeks. To complete the transfer of wealth, if they are unwilling to invest, just take their money.

It's better than them squandering and wasting.

"Since they are unwilling to invest, let's take the money and invest it!"

After that, Li Yian took a puff of cigarette and said.

"Okay, call Feng Jingye and close the Internet cafe!"

Leeks, since they are ripe now. Then wield the sickle and cut.

"That……"

Zhao Shijie asked:
"Are you sure you want to ship gold back from the United States?"

Shipping gold back from the United States to a certain extent shows an attitude that Nanyang will never let anyone manipulate it. Because of this, this is basically a means of self-protection for Nanyang.

Although the gold reserves in Nanyang amount to more than 1800 tons, in fact, only 1200 tons are in Nanyang. The remaining 600 tons are delivered through international trade and are currently stored in the United States.

The shipment of this gold was a protest to the United States.

"First transport 100 tons of gold back to the country! Use the reason of stabilizing the domestic gold price, and use the foreign exchange stored abroad to purchase gold directly from the international market,"

Li Yian said directly that the price of gold before the collapse of the Bredesen system was very low, and of course he should take advantage of this opportunity to acquire gold. You must know that those U.S. dollars will eventually depreciate, and U.S. dollars are still paper!
Therefore, no matter how you look at it, converting Nanyang's foreign exchange reserves into gold is a very cost-effective investment.

Of course, this investment must be done in a very smart way. At least it won't cause ripples in the market. Otherwise, the price of gold will rise, and who will make the money?

"Compared to many countries, our gold reserves are still smaller, and there is still a tradition of private gold reserves, so we should increase gold imports. As for New York, let's test the attitude of the United States first."

In fact, if it were not for the purpose of carrying out trade, Li Yi'an would not even be willing to store a gram of gold in the United States. In order to carry out trade with various countries, Nanyang has to store gold in the United States - because the current gold delivery in international trade is Conducted in New York, more than ten years later in history, France transported more than 2000 tons of gold stored in the United States back to France, but it took decades. The reason was not that there was no transportation capacity, or that the United States took advantage of it. The obstruction is due to international trade settlement. Under the Bredesen system, countries need to use gold and US dollars for final delivery when conducting international trade.

Such international trade delivery is all carried out in New York, in gold or US dollars. Unless Nanyang is willing to break away from the Western trading system, a certain amount of gold must be stored in New York.

Not to mention Nanyang, even Russia and New York also have some gold stored for international trade. This determines the system’s advantage as a banker, and is the fundamental reason why in the next century, the United States can only use US dollars to harvest the world’s wealth. It completed the transfer of the world trade center through World War II. This status is not enviable. Come, unless... there is another war.

Pity.

In this age of nuclear weapons, it is impossible for another world war to break out.

While feeling deep in his heart, Li Yian wanted to know how his old friends in Washington would react when they knew that Nanyang had decided to withdraw the gold stored in New York.
"Old friend..."

The corner of his mouth raised slightly, and Li Yian laughed...

(End of this chapter)

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