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Chapter 601: Shark's Fin for Rice (Third update, please subscribe)

Washington, Department of the Treasury.

For a few seconds, there was silence in the office.

"They want to extract 200 tons of gold!"

Listening to his subordinate's report, Fuller asked questions calmly from the other side of the table.

"When? How long?"

Although it was inevitable that other countries would withdraw the gold stored in New York and return it to their countries, two hundred tons of gold suddenly had to be withdrawn.

This is definitely a first time.

"Right now, according to the information they provided, they have sent a warship. Maybe that warship is sailing in the Pacific now and will soon arrive in New York and then transport the gold away."

All eyes turned to the minister. He stared out the window in deep thought, seeming to ponder the meaning of the incident.

"damn it!"

Fuller spoke clearly, still staring out the window.

"I have long said that on the issue of returning gold, if there is no conclusive evidence, there is no need for us to intervene at all. Now, they are going to withdraw the gold stored in the United States. Damn it, they are taking revenge! It’s revenge on us!”

The minister's words made Roland quickly reply.

"Minister, according to them, they withdraw gold to stabilize the domestic gold price. Due to the investigation team and other reasons, the domestic gold price in Nanyang has now exceeded the standard gold price by more than 50%. If the gold price is not stabilized as soon as possible, it is likely to lead to The currency is unstable, so they need to withdraw the gold stored in New York immediately, and the 200 tons are just the first batch they withdraw!”

All this seems to prove that Nanyang's behavior is not for revenge. It is based on actual needs.

"look……"

Fuller said briefly,

"This is the series of results produced by the damn Gold Return Committee. They didn't have any evidence at all, and they just killed it, causing tension in the Nanyang gold market. Even the currency was affected. If they can't stabilize the gold price , then the next step is their currency, hell, they may even take all the gold and eventually ship all the gold that belongs to them back.”

Taking a deep breath, Fuller said:
"It's all down to the stupidity of those guys."

Although he knew that this was a decision made by the White House due to politics, Fuller, as Secretary of the Treasury, viewed the issue more from an economic perspective.

"What if we deny them access to gold?"

The words that suddenly blurted out were met with Fuller's sneer:
"This is purely stupid behavior. If this is the case, the Bredesen System that we have worked hard to establish with American blood will become a piece of paper. At that time, all countries will transport away all their gold stored in New York. , New York will lose its status as the World Trade Center. This foolish behavior will cost us everything we gained in World War II."

Casting his gaze towards Roland, Fuller had already made up his mind. After this matter is over, this guy Roland must be driven out of the Ministry of Finance. Guys like this can only do bad things in the Treasury. It's simply unforgivable that he could come up with such a stupid idea. Therefore, such a person must not stay in the Ministry of Finance, otherwise there is no telling what kind of disaster his decision will bring to the United States in the future.

Of course, at this time Roland did not realize that his career in the Ministry of Finance was over. He nodded and said.

"I'm very sorry. I thought the problem was too simple."

It's not because you think the problem is too simple, but because you are a complete idiot.

Fuller thought so in his mind. Then he said again.

"What we need to do now is agree to their request to withdraw the gold, but at the same time, we must hurry up and make them give up this idea!"

Half an hour later, Fuller arrived at the White House. Now the only one who could make Nanyang give up this idea was the White House.

He said after reporting the situation in Nanyang one by one in the Oval Office.

"Mr. President, now we are facing a choice. If we agree to allow them to withdraw gold, it will definitely affect the operation of New York's international trade settlement system. If we refuse, then it will make the Bredesen System a dead letter. Mr. President. The actions of returning the Gold Commission in Nanyang have seriously harmed the interests of the United States!”

Secretary of State Dean Acheson said:
"Our support for the return of the Golden Committee is based on political considerations. After all, the public opinion circle was in an uproar at the time. The reason why we did some things was not because the incident was true, but because of political needs that required us to do so. Do, and when it's all over, everything will go back to normal."

"Dean,"

Fuller didn't even bother to talk to him. It's no wonder that this guy's investments have not been successful a few times. He is always paying tuition time and time again. Xu is an excellent diplomat, but when it comes to finance, he is simply a layman.

"The market is fragile. Even if there are rumors, the market will react. Now the gold price in Nanyang has reached a crazy point. If they cannot bring the gold price down, then, in the next step, their currency is likely to fall into turmoil. This is not only detrimental to Nanyang’s economy, it will even affect their stability, Mr. President.”

Truman looked at the file in front of him attentively. From the file, he could see at what speed the price of gold in Nanyang had risen since the Three Kingdoms Gold Return Committee sent an investigation team to Nanyang. Although he faced some pressure at the time, he now Already realized how unwise his choice was.

What makes people even more annoyed is that - Li Yian did not express any personal dissatisfaction, it seemed that he chose to understand. "So, now they have to transport the gold back and stabilize the gold market?"

Truman asked.

If he needs that gold, then let them transport it back! No matter what, the incident cannot be allowed to worsen.

And this is one of the few things he can do.

At this time, Fuller spoke and said.

"From a certain point of view, Nanyang's own gold reserves can completely cope with this crisis. There is no need to use the gold reserves in New York. The only problem is that the Gold Return Committee is now watching their gold, and the market's Confidence, this is the biggest issue. As long as you have confidence, you can drive down the price of gold even if you don’t use a gram of gold.”

In order to make up for his previous mistakes, Dean Acheson continued:
"Fuller has a point. The most important thing now is confidence, Mr. President."

"Yes, Mr. President, but this requires the White House to come forward. As the saying goes in Tangshan, "the person who untied the bell must tie the bell."

Fuller said calmly that as a financial expert, he knew very well what Nanyang needed now.

It's not just gold.

Truman asked, looking directly at Fuller.

"So...Does Fuller mean...to give them confidence through us?"

……

On May 5, Nanyang Gold rose by 1 yuan;
On May 5, Nanyang Gold rose again by US$2.

In just two days, Nanyang gold soared to 55 yuan per ounce, a full 20 yuan higher than the international gold price!
On the Nanyang Gold and Silver Exchange, the bullish voices are getting louder and louder. While people are increasing leverage to speculate in gold, the authorities have also begun to take action. They are selling physical gold to the market through three gold and silver exchanges in an attempt to suppress the market. gold price.

But this triggered a further reaction in the market - the price of gold rose again, because everyone knew that the treasury gold could not be used until the investigation team left.

So where does the gold selling now come from?
There is only one place left and that is Bank of Borneo.

"Accept, buy it at the price of 54 yuan!"

In Yatai Construction Company, Chen Liang, who was in a good mood, hung up the phone and gave instructions to his secretary through the intercom.

"Ask Manager Cheng to come over."

"Manager Cheng, the boss wants you to go to the office!"

Soon, Cheng Qingsong arrived at Chen Liang's office. As soon as he entered the office, Chen Liang said proudly.

"Okay, Nanyang's last ammunition is about to be empty."

“Are Borneo banks starting to dump their gold?”

Everyone knows that the Bank of Borneo holds gold, and that gold is the last ammunition in Nanyang!

Chen Liang nodded and said:

"Originally, it is normal for gold to rise and fall, but now the officials have fired their last ammunition in order to stabilize the gold price. Before the investigation team leaves Nanyang and issues a report, the gold price will continue to rise. When it reaches 60 yuan, we You can throw it out!”

At this time, Chen Liang only felt that his luck was really good. From the rubber plantation to gold, it was simply a reward from God!

No, God should have thrown the gold to the ground and asked him to pick it up.

"So boss, what do you think the price of gold is today?"

"56 yuan!"

Sure enough, by the time the market closed, even though the Bank of Borneo sold as much as 60 tons of gold, the price of gold still broke through the 55 yuan mark again after a brief decline, approaching 56 yuan.

Chen Liang was in a good mood and said generously.

"I'll treat you to shark's fin for dinner tonight!"

(End of this chapter)