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Chapter 437 Gold Bonds (1)

At the counter of Jiangning headquarters, there are endless people exchanging gold and platinum, just like a famous store selling freshly released bread.

The elderly middle-aged gentlemen or ladies who were older than the other, stuffed one piece of gold and platinum into their close pockets, like a kangaroo. The exchange amount of Jiangning Bank is 10g, which is only 2,500 yuan gold rolls or 3,200 yuan platinum rolls.

Gao Qiu looked at the crowd queuing anxiously and opened three counters in a row to look forward to the end of the queue so that more people would not see a bank run behind. Whether it was a bank official or a banker, the one who was afraid of the bank run was the bank run, which was simply a bloodsucking.

And when it comes to the issue of the Golden Roll, Gao Qiu's thinking pattern is the same.

At the end of lunch, the assistant sent him today's report. The number of "3.46 tons" dilated his pupils.

"No, two units sold seven tons of gold and platinum and recycled more than three tons. We are not a gold shop." Gao Qiu finished speaking to himself and ordered: "Go and call the committee members to come and have a meeting."

The assistant knew it was the "Debt Cover Committee" without asking, and the more accurate name was the "Naught Metals Debt Cover Committee". Most of Jiangning Banks were busy with them. This was not the first time that the President Gao Qiu was anxious to get angry. When the issuance profit was reduced to 2.5%, he was humiliated for a long time in the office, muttering "Young people now", and then scolded all the young people in the office. Of course, after the outbreak, President Gao was still gentle, like a strong hippo, who seemed gentle but was actually irritable, and he was well concealed in front of others.

Mr. Li and Xu Weichu were very good. Chen Yi arrived quickly. Fang Zhennan, like other people in the Chen family, temporarily transferred the right to Mr. Li - Chen Yi had a vote, otherwise the right would be required, and a certain balance would be needed in the family.

"Let Assistant Lu explain the situation to you. As we expected, the run happened." Gao Qiu greeted the three of them and sat lazily on the tail seat. The run was the thing that bank officials most reluctant to encounter. Gao Qiu, who was in the Republic, thought he would never see it in his life.

Assistant Lu was as thin as a pony. He had a little bit of a load on his back, as if he was always carrying heavy loads. His voice was so heavy: "In the past fifty hours, we have sold 5,012 RMB bond rolls, and the sales were smooth. We could sell 1 billion yuan gold bond rolls in advance for three consecutive hours, and the 1 billion yuan platinum bond rolls were sold in the afternoon... However, according to the statistics at noon today, in the past two and a half days

During the time, the bank recovered a total of 1.58 billion yuan, with a recovery rate of 31.6%... The price was 250 yuan per gram of gold, and 320 yuan per gram of platinum - that is, every 100 yuan gold roll contains 0.4g of gold, while a 100-yuan platinum bond roll contains 0.3125g of platinum. This price is slightly lower than the domestic average price, which is equivalent to a reduction and exemption for the sale of the bond roll..." Among the four people on the committee, only Xu Chengchu listened carefully.

This is expected, although it is very unpleasant after it happened.

"They exchange more gold, or more platinum?" Chen Yi asked in a deep thought.

“More gold.”

"Chinese people still believe in gold." Chen Yi smiled and flicked the table with his finger and said, "We have more platinum, which is a problem."

Gao Qiu didn't know if Chen Yi didn't understand the seriousness of the problem or was really relaxed. He cleared his throat and reminded: "If there is platinum left to change the number. The problem is that at the current speed, 150 tons of gold and platinum will be sold out in less than two months. At that time... our debt committee will end in vain."

Chen Yi thought that the efficiency of bacterial metallurgy will be four times higher in two months. The monthly output is more than 80 tons. As long as you are not afraid of the mine veins being dug out, you will never be sold out.

Of course, the reason he made public is: "Jiangning's gold and platinum consumption is limited. Even if everyone has money, they will not be completely exchanged for gold and platinum, right? It is normal when there are too many exchanges at the beginning. In fact, it is okay to exchange them all for gold and platinum. They can't consume gold, and in the end they won't have to buy items on the market with our gold rolls?"

Chen Yi made this idea, allowing gold and platinum to fill the market.

Of course, if you analyze it according to the supply and demand state, too many precious metals may reduce their prices. But in the wide world, precious metals are the core of value. The US dollar and the RMB are not... Therefore, when gold prices rise, people do not say "gold prices rise", but "dollar depreciation" - corresponding to this, when oil prices rise, people say "oil prices rise", and at most add a sentence "caused by the depreciation of the US dollar."

This is because precious metals are scarce themselves, but they are considered scarce.

Therefore, as long as Chen Yi provides sufficient precious metals, no matter whether they are 150 tons or 150,000 tons, as long as they are used as currency, the world can eat them, and the world is willing to eat them.

Before the US dollar dominated the world, the settlement currencies for world trading were gold and silver, which were the same until the 1970s.

A bad currency can drive out good currency does not mean that good currency is in desperate situations. As long as good currency can be supported, the ultimate victory will inevitably be good currency.

But Gao Qiu didn't believe that Chen Yi could take out an infinite amount of precious metals.

His reason is also very clear that the world's precious metal production is transparent, and 150 tons of precious metals are already surprising, so where can there be more.

So he said to Chen Yi in a popular tone: "There are enough precious metals worth tens of billions of yuan for Jiangning. Our annual gold consumption in China is only 400 tons. The question is those jewelry companies, industrial groups, and banks and insurance companies that cannot buy gold... They are all staring at it. At most, they burp the precious metals of 150 tons at most." "Let them eat them." Chen Yi's answer was helpless.

Gao Qiu said with a giggle and laughter: "Then they finished eating, what should we do?"

"I said, provide 20 tons per month, at least 5 billion yuan. Save a little bit and stick to this month, and the supply of precious metals will increase."

"Will it improve?" Gao Qiu didn't know where the precious metal came from, which obviously exceeded his cognition, and there was a strong hesitation and worry on his face. Jiangning Bank was forced to participate, but once it was involved, it could not be withdrawn.

The conference room was quiet for a few minutes, but Gao Qiu still said: "I still have a question. What if the country takes action and pays for our gold and platinum?"

Mr. Li and Xu Chengchu immediately turned their heads and looked at Chen Yi.

The latter chuckled twice and said, "Then I will sell the gold and platinum."

"Sell?" Gao Qiu was surprised.

Chen Yi nodded seriously and said, "Our main task now is to endure. Always make everyone familiar with the rice wine debt roll. Don't rush to achieve success. The longer you endure, the closer you get."

“Naughty metals will consume all.”

"I would like to add precious metals. As long as we control a certain amount of circulation, we can support it." Chen Yi made a small promise, his chest was slightly hot.

The Western Continent is like a happy America in the colonial era. The reserves of various precious metals are amazing, and the magical mountains are at least ten thousand tons. Given the difficulties and pollution of gold and platinum, the main mining method of Xijiang Shuizhai is bacterial smelting.

According to Zhou Houyuan's design, the mining pool can produce 20 tons of gold or platinum in the first month, 40 tons in the second month, and then increase the production to 80 tons and 160 tons... 1,600 tons of gold and platinum are produced in a year, as if it is fun.

1,600 tons of formal amounts of gold and silver mined in Spain each year each week.

Because of this, Gao Qiu's concern about the insufficient amount of precious metals was actually Chen Yi's strategic placement method. This is also the driving force behind his desire to issue currency.

However, when he really had the idea of ​​establishing precious metal currency, his attention was diverted.

Compared to establishing a monetary system, hundreds of billions or trillions of dollars are just a matter of time.

I don’t know how many benefits the private banks and institutions that established the Federal Reserve had achieved with the development of the United States. Although China’s national conditions are special, the Chen family’s status in China may not be lower than the founder of the Federal Reserve in the United States... The test of Jiangning is already in the eyes of the country, but as long as the old man does not fall, they have to follow the rules of the game... Even if it is really broken, Chen Yi, who already has five magic knights, doesn’t mind playing games in a way that breaks the rules.

The old man Chen Zhongguo didn't care whether Chen Yi destroyed China's monetary system or wanted to replace the central bank. In fact, if he could return to the Politburo, one-third of the rights to upward could be much heavier than the rights of the central bank. In another direction, Chen Yi's silent test of the right to currency was also a heavy weight for his grandfather to return to the political arena.

If it is really done, the top team will have to use Viagra to play. If it fails, the Chen family will have almost no losses - the banknotes obtained from bond sales are real. Chen Yi can continue to expand the martial arts hall and the Western Continent with this money.

Mr. Li probably got the instruction. Seeing that Gao Qiu was still focusing on the bank run, he said to Xi Ni: "How about we build a window to recycle precious metals?"

"Does it seem that we are not strong enough?" Gao Qiu was not confused. According to the bank run theory, no matter how big the bank is, it cannot support the bank run. The important thing is to build people's confidence.

Chen Yi clapped his hands and agreed: "You can't build a recycling window. I have a place to go for the money you received. They ask for recycling. We don't have the money to recycle, that's really trouble."

Mr. Xu finally understood a little and asked with less peace of mind: "Governor Gao just said that banks and insurance companies will also buy our gold?"

"What insurance companies do are long-term investments and precious metals are preserved, so they are willing to buy them."

"Let me find someone to warn me, so is the jewelry company, so is it, and you are not allowed to buy it."

Gao Qiu's market economy's head froze and smiled and said, "How can that work?"

"Why can't it work? Everyone understands it. I'll ask someone to warn them that if you exchange gold and platinum now, it's going to destroy our Chen family's platform."
Chapter completed!
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