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One Man's Time and Space Smuggling Empire VIP Volume Chapter 57 Gold!

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    Li Zhe returned to modern times, and the behemoth Tongyu Group immediately came to life under the roar of the Lion King. Li Zhe ordered to convene the financial team from Tongyu Consulting and Tongyu Bank (Maybank) to mobilize all the funds of the consortium.  We have made arrangements with bonds and related manpower and capital, and are fully prepared to fight a century-long financial futures war.

    Large-scale acquisition of gold is Li Zhe¡¯s next move!

    Speaking of which, Li Zhe¡¯s action was quite surprising. No one would have thought that Li Zhe would suddenly come up with this idea!

    When it comes to the largest commodity in modern commodity transactions, most people take it for granted that it is oil. After all, oil is known as the blood of modern industry, and its scope of application has penetrated into all aspects of modern people¡¯s lives. If you just count the things in your home, there are almost very few.  There is something that can't be separated from the influence of the oil industry. The daily consumption of oil in modern people's social life adds up to an astronomical figure!

    In the futures market, any change in oil futures will cause drastic changes in the situation in the Gulf region and relative tension in the world's political situation!  Precisely because it is rich in oil, the Gulf and Middle East regions have become an arena for competing interests among the world's major powers. Disputes have continued for years, wars are everywhere, and there is no peace!  If oil isn't the biggest commodity in modern times, who else is?

    ¡°However, the fact is exactly what is unexpected.  When we look through the data of COMEX gold futures and observe carefully, we will find a surprising fact, that is, the real king of modern commodities is not oil. The daily trading volume of gold actually far exceeds it!

    In 2008, the average daily net trading volume of the London gold market was 22.3 million ounces, equivalent to approximately 693 tons of gold.  In 2009, the average daily net trading volume of the London gold market was 20.44 million ounces, equivalent to approximately 636 tons of gold.

    According to the most conservative estimates, the real trading volume is often more than four times the net trading volume. This means that the average daily trading volume of the London gold market in 2008 was 89.2 million ounces, approximately 2,774 tons. In 2009,  It is 81.76 million ounces, equivalent to approximately 2,544 tons.  This figure includes the total amount of gold spot, gold options, forwards, options and leases.  Gold spot accounts for about 70% of it.  In other words, the daily trading volume in the gold market is approximately 2,774 tons ¡Á 70% = 1,942 tons in 2008, and 2,544 tons ¡Á 70% = 1,780 tons in 2009.  This number exceeds the imagination of most people. Calculated based on the price of 1,100 US dollars per ounce at the time, the daily transaction value of the London gold trading market reached 60 to 70 billion US dollars, far exceeding that of oil. Gold is the world's most valuable currency today.  Easily the largest shipment on the market!

    Li Zhe¡¯s actions on this are a bit confusing!

    "Mr. Chairman! Until now, your decision still makes us feel strange. Although the gold reserves in our consortium are not large, they are more than enough to meet our needs. The currency bonds and other financial derivatives owned by Tongyu Bank,  It is enough to support our daily transactions! Even our jewelry industry does not consume much every year. Why do you have to spend so much effort on this?

    Even if you use it to make reserves for futures trading, you won't need so much. What you have prepared is tens of billions of dollars in liquidity. Even if it is placed in the gold trading market, it is enough to cause a commotion. Am I right?  It can be concluded that you are preparing to bet against the market makers, and take this opportunity to establish your authority, waiting for an opportunity to establish the hegemony of gold trading in Asia.

    Please forgive me. My personal opinion is that with the strength of Tongyu Bank, we are still not qualified enough to carry out gold futures trading in Asia. The amount of funds required is far beyond your imagination. I cannot  I won¡¯t warn you, but the political reasons behind the global gold trading market are far-reaching. With our strength Haha!  That is the quagmire of the international financial giants, and there seems to be no need for us to get involved!  "

    Li Zhe looked at this subordinate, a senior economist employed by Tongyu Consortium, a well-known financial talent throughout Southeast Asia - Mr. Li Hanliang, a famous economist, market analyst and top trader!  The expression is a bit playful!

    "Haha! Thank you, Mr. Li! Of course I know your concerns. I also know that it is impossible for the current Tongyu Consortium to dominate the Asian gold futures. The London futures trading market can participate in the trading of physical gold reserves of up to 10,000  More than five thousand tons is far beyond our reach. The London gold market uses the Bank of England's gold reserves as collateral and the entire gold reserves of certain countries' central banks as a backing. It can do whatever it wants in the gold market more unscrupulously, creating an unprecedented  The high liquidity of the gold market has contributed to the staggering trading volume of the London gold market, which ranks first in the world.

    With such a huge market, through assets of 500 billion US dollars, another US$500 billion in transaction commission income can be earned every year. Such a huge profit-making enterpriseThe business is based on the strength of the financial capital of the entire UK and even European and American giants. Naturally, the current Tongyu Consortium does not have this strength!

    Gold is something that is not consumed much. Most transactions do not result in circulation at all. Buyers use it as a credit guarantee, including the government forces of some countries and regions!  There are so many buyers and sellers buying and selling here, just playing the trick of buying and selling short, which is why it has created such a unique market.  Hum!  Nowadays, many people say that our Tongyu Consortium is a money laundering mecca for gangsters in Southeast Asia and the largest shady transaction in the world. In fact, compared to the gold trading market in London, our money laundering scale is far worse than others!

    The existence of such a market is also conducive to the United States being able to control the global gold price. By selling gold, it will suppress the continued downturn of gold and maintain the foundation of a strong petrodollar.  Keep interest rates low and the purchasing power of the U.S. dollar while indiscriminately issuing banknotes.  It can be said that the stability of the world gold trading market is directly related to the economic policy of the United States. The benefits of this are naturally not something we can covet with our current strength!

    Don¡¯t think too much. I don¡¯t want to shake the U.S. monetary base. In fact, that¡¯s impossible, right?  Now I just want to create some opportunities from it, opportunities that belong to us. As for the consequences, who knows, in fact, I don¡¯t care!  Since they have the ability to be the banker, I am just an ordinary merchant. Do I need any qualifications to buy things there?  I do not think so!  "

    After listening to Li Zhe¡¯s explanation, Li Hanliang still seemed to have some doubts. After hesitating for a long time, he finally said:

    "Hello! Sir! In fact, I am not worried about what will happen in the process of buying and selling gold. I just see you making such a big noise and wonder what the final result you need is? Gold can be used as a commodity, but it is  A special kind of goods. If you have some other reasons behind it, then such an action may really have some consequences that we don¡¯t want to see Maybe it will disappoint many of you! Can you tell your true story?  Tell me the purpose, in this case, maybe we can make more careful plans and be more likely to succeed!"

    Li Zhe looked at Li Hanliang carefully and looked into his eyes.

    "Oh! Thank you! Mr. Li! Thank you for your reminder, but what I want to tell you is that you don't need to think so much at all. I know exactly what I want. My purpose is actually very simple, just to prepare  It¡¯s just to absorb a batch of gold as a reserve for our consortium. From my point of view, I think that the current international situation may require some preparation! And now for you, I will give you money, you only need to consider the means to help  I buy it, it¡¯s that simple!¡±

    Li Hanliang replied simply and neatly, and Li Zhe turned around and left. Li Hanliang's hesitation just now made him think of the reason why it was not easy to speak out. It turned out that it was still the problem of the fictitious power hidden behind the Tongyu Consortium. Li Hanliang  They must have thought that such a large-scale acquisition of gold had some political purpose!

    However, even if everyone in the world is suspicious, does Li Zhe need to explain it?  (To be continued. If you like this work, you are welcome to become a registered member of Piaotian Literature to recommend this work. Your support is my biggest motivation.)
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