"It is more convenient to buy spot gold in the City of London. The daily gold trading volume there is about 100 billion U.S. dollars. Although there is not much gold in the gold warehouse, there is still a lot of gold circulating in the market."
The person in charge said to Zhang Zhonghua.
“What does the gold treasury mean?”
Zhang Zhonghua asked curiously.
"Boss, in order to curb the rise in gold prices, maintain a stable exchange rate between the US dollar and various currencies, and at the same time reduce the loss of the country's gold reserves.
The United Kingdom, together with eight countries including the United Kingdom, Switzerland, Gaul, West Germany, Italy, the Netherlands, and Belgium, established a "gold pool" in March 2016. The central banks of the eight countries allocated a total of US$100 million in gold, and the Bank of England provided the gold pool for the gold pool.
It is an agent of the Treasury, responsible for maintaining the gold price in London, and taking various means to prevent foreign governments from exchanging U.S. dollars for gold with foreign countries.
However, the United States continued to sell gold after the establishment of the Bretton Woods system. As a result, the gold on the market was far more than the reserves of various countries' treasury. The density of gold is high and the volume is small, so the daily round-trip transaction volume reaches hundreds of billions of dollars.
"
After hearing the introduction, Zhang Zhonghua finally understood that there must be more gold on the market.
The trading system of the London gold market is different from other places. It is quite special because there is no actual gold trading place in London. All transactions are completed through the sales network of major gold merchants through invisible means.
During the transaction, the gold merchants quote the buying and selling prices based on their respective buying and selling orders, which is very convenient and flexible.
Customers can choose the purity, weight, etc. of gold. As long as you can afford it, they also provide door-to-door delivery service.
At the same time, the London gold market keeps customer information absolutely confidential, and there is no accurate statistics on gold transaction information. However, the giants know the customer information relatively well, but outsiders do not know it. However, the five major gold merchants do a better job of keeping customer information confidential.
.
The gold margin trading system is a sharp double-edged sword. When buyers or sellers need to avoid risks and preserve the value of spot gold, they only need to pay a certain proportion of margin in advance as a guarantee for physical spot delivery.
Gold margin will bring great risks. If investors blindly enlarge the amount of value guaranteed, they will need to queue up on the rooftop if they encounter an unexpected situation.
Gold spot margin trading does not have a fixed trading place, and both parties can agree on the trading location; gold futures margin trading has a fixed trading place, and the subject matter of the transaction between the two parties is not spot gold, but a standardized gold sales contract. The two parties agree that the transaction will be at a certain date.
Physical delivery of gold is carried out at a specific time at a price agreed upon by both parties.
After Zhang Zhonghua inspected Switzerland for a few days, he flew from Switzerland to London. At the same time, Jade Emperor Bank also began to purchase spot gold in London and Zurich.
Jade Emperor Bank can handle small-amount bank transfers, but large-amount transfers still have to go through international banks in Switzerland. Bank development also has a long way to go.
The bank's gold reserves have become a top priority. Gold reserves are the credibility guarantee of international banks. Otherwise, they can only play stand-alone.
Switzerland.
Zurich, Jade Emperor Bank.
During this period, half of the gold spot purchased during this period was successfully delivered after continuous transportation.
Zhang Zhonghua looked at the tons of gold neatly placed on the shelves in front of him. His eyes were almost blinded by the brilliant gold. However, this ton of gold seemed too little. But thinking about the density of gold, he calculated silently.
For a moment, it felt too normal.
Zhang Zhonghua picked up an ounce gold brick with one hand. The small piece weighed 1.0 kilograms. It would not be easy to steal the gold brick.
"Boss, the weight of each gold brick here is ounces, which is also the international standard delivery specification. The remaining one thousand tons of gold will probably be delivered within half a month."
The person in charge introduced to Zhang Zhonghua.
“Isn’t the gold delivery time pretty fast now?”
Zhang Zhonghua asked in surprise.
"The world's five largest gold merchants, Luo Fuqi, Jin Baoli, Mugada, Wandaki, and Max Pacific, have a large number of transactions back and forth every day.
Moreover, it is very easy to smelt gold bars. Mining, transportation, smelting and shaping are all done in one assembly line, and the five major gold merchants also purchase them directly."
Needless to say, these five major gold merchants are followed by those super family banking institutions. There is no family in the world that has the ability to short or long gold. Zhang Zhonghua vaguely remembers that the daily trading scale of London gold will be around one trillion U.S. dollars fifty years later.
The large number of transactions every day also ensures the stable value-preserving function of gold. In the early 1990s, the Hunter family of the United States went long on silver and the family was ruined. Silver was like this, let alone gold.
"With more than 2,400 tons of gold reserves, Jade Emperor Bank can almost reach the level of a world-class bank!"
Zhang Zhonghua asked with a smile.
"If we talk about gold reserves alone, our Jade Emperor Bank should be among the top five private banks."
“Banks such as JPMorgan Chase, Morgan Stanley, Citigroup, Goldman Sachs, and Rothschild are definitely ahead of us. They all have unfathomable banking backgrounds that span more than a century.
Especially JPMorgan Bank, which is so powerful that even after it was split into JPMorgan Chase and Morgan Stanley, they are still the two superpowers."
Zhang Zhonghua said with envy.
"The ones with headquarters in Switzerland are basically private banks, and many of them hold the country's right to issue banknotes. It's just that their names sound like national banks."
Zhang Huawei explained.
Well, it’s not that professionals don’t know much about it. The Bretton Woods system has not collapsed now. By the peak of the year, the value of gold will increase more than 20 times per ounce of US dollars, and billions can easily become tens of billions.
It is now more than a year before the Bretton Woods system collapses in 2020. During this period, I continue to hoard gold. Before, I could get rid of thousands of tons of gold. When the time comes, I will sell gold while speculating on futures, and then hoard a batch when gold depreciates.
The Bretton Woods system is really good. It ensures the dominance of the US dollar and also strictly limits the price of gold. When chips mature in the future, it is basically impossible to buy large amounts of gold again except in dreams.
This chapter is not over yet, please click on the next page to continue reading! In the future, hundreds of thousands of tons of gold will be consumed every year to make computers and mobile phones. Before Zhang Zhonghua was reborn, we also experienced that one gram of gold was worth more than 100 yuan. At that time, every
An ounce of gold is equivalent to a US dollar, which makes me excited just thinking about it.
"As long as the Vietnam War doesn't end and we continue to hoard gold, sooner or later the U.S. dollar will be devalued by the ugly country itself."
Zhang Zhonghua said with a smile, this was a mission, and it also reminded him to buy gold if he had spare money.
Each floor of the vault of the Zurich branch of Jade Emperor Bank requires two keys to open together. At the bottom of the gold storage area, Zhang Zhonghua keeps one and Zhang Huawei keeps one. Zhang Zhonghua left a dead man to be responsible for the security of the bank, and other core security personnel.
They are all from Hong Kong Island, or they were recruited in Chou Country but their whole families went to Hong Kong Island.
In the future, Zhang Zhonghua will definitely not be able to keep gold in Switzerland. There is a high probability that he will build a dedicated gold warehouse, and it will most likely be on Hong Kong Island.
After finishing his business, Zhang Zhonghua had some free time and started to visit Zurich. He visited Gross Cathedral, Frauenkirche, St. Peter's Cathedral, Bahnhofstrasse, Swiss National Museum and other places. Zhang Zhonghua even went to the International Football Club.
The federation's headquarters went around in circles.
Zhang Zhonghua saw the portrait of Pele, the world's top player, at the FIFA Center.
However, there is no satellite broadcast of football matches now. At the same time, football is far less popular than it was in the 1980s, and the World Cup has only been around for a few years.
'Score a goal, score a point, win a game', it is worth watching the men's football team enter the World Cup in a lifetime, and I will probably never see those again.
】
tnnd, after being able to return to Hong Kong Island, form a football team and send it to Europe for training, and then go find Maradona to find their family from Argentina and move it to Hong Kong Island. The national football team cannot enter the World Cup, and the Hong Kong Island team can be considered complete if it enters.
realize your own wishes.
Zhang Zhonghua secretly made up his mind.
Soon the remaining 1,000 tons of gold were successfully delivered in Zurich, and the purchased 2,400 tons of gold were all successfully delivered.
Zhang Zhonghua was a bit dumbfounded when he saw less than a quarter of the gold in the vault. Although he wanted to fill up the vault, he did not need to consider buying gold in the next six months. The working capital would have to be used for the expansion of his companies. It would take a while
Purchase only when you have sufficient cash.
Zhang Zhonghua's most important thing in Europe, the gold reserve, has been settled, and he has put it in his heart. After the European inspection, it is time to go to Japan to see the situation of various companies.
"Boss, 20 treasury security personnel have been transferred from West Germany. They are all absolutely trustworthy personnel. Moreover, they have been in West Germany for a while and can basically communicate in German without any problem."
Zhang Long said.
"Yes, I can rest assured having these people guarding the vault. However, the vault guards should be replaced once a year. This should not affect their reunion with their families."
"No problem, our current security personnel are close to 10,000, and our core personnel have reached 1,000.
The pirates in the south have suffered a lot of damage in our area in the past two years, and now they have reached an agreement with them. They only need to pay a toll of 100,000 US dollars every month. The situation is much better now."
Zhang Long said with a smile.
"There are no permanent enemies and no permanent friends. We save trouble and they save trouble. This is good."
Zhang Zhonghua is very satisfied with this agreement.
Soon Zhang Zhonghua took off from Zurich International Airport with his bodyguards and flew towards New York.
At the beginning of the year, more than two homemrt convenience stores in Japan opened at the same time.
Nowadays, the number of homemrt convenience stores opened in Japan has reached 20,000, and new employees are being continuously trained to prepare for the opening of new stores.
On average, a convenience store has one employee, which means there are many new people. The number of employees needed in the service industry is indeed relatively large.
At the same time, the group's retail industry is also developing rapidly in Southeast Asia:
Carrefour supermarket opened its first store on Hong Kong Island, and homemrt convenience store also opened its first branch on Hong Kong Island;
Carrefour supermarket has opened its first store in Baodao, and homemrt convenience store has a branch in Baodao.
The oden mentioned by Zhang Zhonghua has been optimized and improved by Japanese and Baodao R&D personnel and has become very popular. Oden has also become the flagship food of homemrt convenience stores and is popular in Japan, Hong Kong, Macao and Taiwan.
Several food factories supporting oden cooking have also been established, and branch factories have been established in various places to make up for the shortcomings of the supply chain system.
The statements of each company under the Yuhuang Group were also changed to be faxed to Zhang Zhonghua once a month. Zhang Zhonghua only had a rough understanding and felt relieved to have the financial team and the legal team.
At the same time, the opening of Carrefour supermarket in West Germany had a considerable impact. European retail giants felt a little pressure. The British retail giant Tesco also began to select stores in various European countries, and Crrefour of Gaul also began to enter the Italian market to select stores.
However, given the speed of decoration in Europe, it may not take three or four months to complete the renovation of a supermarket. However, Carrefour has already taken over stores in some city centers and slightly better suburban locations, taking the initiative.
Competition in supermarkets is not a trivial matter. There are many different promotion methods in the future, and it is just about price wars.
Yuhuang Electrical Appliances has now entered the Southeast Asian market. The products launched are of course cheap versions of electrical appliances, and high-quality materials are not affordable in Southeast Asia.
Now Yuhuang Electrical Appliances has begun to gradually transform into a scientific research company with technical strength as its core. It mainly develops and produces large home appliances with high profits. In the future, some low-end products will also be licensed for licensing fees.
After more than a year of development, Nippon Steel has become stronger and stronger. Japan's rapid economic development has also increased the demand for steel. The factories in the four industrial zones of Keihin, Nagoya, Hanshin and Kyushu have also been expanded again.
The profits earned by Nippon Steel are also used in scientific research and factory expansion. Zhang Zhonghua is also happy to hear that the three shareholders do not ask for dividends. Now it has reached the world's leading level in the fields of alloy steel, stainless steel, and machinery manufacturing.
The yh software company in Chou Country is developing very well. After one year of development, the sales of CD software are also good, basically meeting the needs of most industries.
The ix system basically does not need to be updated in a short period of time, and the database software is also updated with the development of hardware and storage, which saves a lot of trouble.
In order to develop automobile modules, CD staff went to the automobile factory workshop in Chou country to conduct research;
In order to develop mechanical modules, CD staff went to various Nippon Steel factories for research and were committed to creating perfect industrial CD software;
In order to develop integrated circuit modules, CD staff went directly to work at Intel across the street, and the chip modules were professionally customized;
Software in this era is really not cheap. Even the cheapest CD software used in the media industry starts with US dollars. A set of software in the automotive, industrial machinery and integrated circuit fields basically starts with US dollars.
