Blackstone Code
Chapter 2732
The price of gold has been growing, and not at a slow pace.
In just one week, the price of an ounce of gold rose another seven percent.
This is definitely a "big rise" for a precious metal like gold, whose price growth has always been stable.
The price of gold is often very stable. Except for wars and the end of wars, which will cause the price of gold to fluctuate, the price of gold usually rises slowly and steadily.
Such a large increase in a short period of time does not happen so often, and there must be many problems here.
The results of market changes in liberalization often come from people's spontaneous trade demand. When someone continues to increase the price to purchase gold, the price of gold will increase.
Lynch picked up a copy of the "Bank News" and carefully read one of the articles. The article talked about the important economic status of gold in various eras of history.
It is not just a precious metal that represents identity, nor is it just a cultural symbol of religion, it is the strongest currency in circulation!
From the time humans discovered gold to today, it has a special status that cannot be replaced!
The report in "Bank News" mentioned that the five major banks have successively opened a new deposit model called "gold account".
As the name suggests, after the gold account is opened, it is not used to deposit and withdraw ordinary currency, but is specifically used to store gold.
The annual interest rate per ounce of gold is 3%, which seems to be a very low interest level, but if the gold price follows the market and you can withdraw your savings at will, then this interest rate is not considered low.
Before this, no bank had offered financial products that provided interest on gold deposits. If a person deposited gold in a bank, it was also a "custodian" service.
To put it simply, you can either store it in a bank's safe and pay some storage fees as the bank's commission for managing the gold.
Not only is there no money, but there is also money.
But now that they have opened this service, it will obviously give some gold holders more choices, and the price of gold will always rise steadily.
What is deposited is gold, and what is taken out is also gold. There is no price difference, and there is also an annual interest rate of 3%.
Saving ten ounces of gold will earn you several grams over the course of a year, which seems to be a good financial commodity.
Money depreciates, but gold does not!
The newspaper analyzed that this is most likely because the five major banks are preparing for the economy and market in the shelter era. Congress is starting to formulate a standard system for shelter levels, and also mentioned the issue of "transportation" between shelters.
In other words, most shelters will be able to communicate and move between each other in the future. In a non-closed social environment, there must be a common currency that everyone recognizes.
The old Federal Sol is not able to meet everyone's needs, and it no longer maintains its value.
On the contrary, gold, silver, and other precious metals began to exert their original power.
The report also mentioned Blackstone Bank. Blackstone Bank, which has always been at the forefront, failed to take the first step in the face of such a huge change, and even failed to keep up with others. It is really surprising and surprising. disappointment.
Lynch threw the newspaper back on the table and lit a cigarette.
Behind the "Bank News" is the former "Federal Banking Alliance", which is a newspaper co-founded by bankers mainly from southern private banks. It will publish some important content related to the banking industry.
Most of them are speculations on various currency exchange rates, trading of precious metals, changes in financial and economic policies of various state governments, and the like.
Lin Qi doesn't particularly like to read it, mainly because the newspaper itself is not very high-profile. After all, the founders of the newspaper are not the six major banks earlier. They are just a small group of bankers who only work in the community or some specific groups of people.
This is equivalent to their "self-entertainment".
There are actually many such bankers. To say they are bankers is a flattering way of saying that most of the time they are engaged in business that is similar to the business that old Mr. Fox used to do.
It's just that the money made by old Mr. Fox and his company was illegal, while the money made by these small bankers was legal.
Their methods are actually not much better than Old Fox's, but they have a better understanding of the rules of operation of this society and know more means and methods.
As long as you have 20,000 yuan in the federation, you can register a legal bank and carry out various banking services.
Based on people's distrust of the federal big capitalists, these people will give priority to depositing money in banks with bankers they know.
For example, a bank opened by a very well-known gentleman in the community or neighborhood, or immigrants deposited their money in a bank with a banker from the same place as themselves.
These legal private banks are not as profitable as the loan sharks of financial companies, and the risks are actually higher than those of financial companies.
Their risk comes not only from people who borrowed money but went bankrupt but could not pay back the money, but also from extortion by gangs and competition from their peers.
So there is a loose alliance of banks sharing information and channels.
Things that are too low-level have no substantive significance to Lynch, but sometimes they also have some avant-garde or keen views, such as the issue of gold.
"Whether it's currency in the traditional sense, or gold, silver, or anything else, it will eventually be eliminated."
"Because people will soon discover that we have a currency with greater circulation value than these things!"
Lynch explained to Catherine, "So don't worry about their methods. I will sit down and have a chat with the operators of small and medium-sized shelters in the afternoon. You can also come and participate."
"Is it appropriate for me to participate?" Catherine put the last bite of the sandwich into her mouth, picked up the milk glass and took a sip.
Lynch shrugged, "Is there anything inappropriate?"
As a standing member of the Emergency Committee, it is obviously very appropriate for Catherine to participate in this kind of meeting. Even if some people feel that it is not...appropriate and that they should not face the capitalists directly, with Lynch here, these inappropriate things will become appropriate.
But Lynch soon let Catherine go. She was just pregnant, and the doctor suggested that it would be safest to work after the follicles are completely implanted.
Although I don’t know whether the high-tech particles will make the embryos develop healthier and safer, there is nothing wrong with listening to the doctor.
The doctor told them that if it were not for the outbreak of Gothene particles, it would not be easy for Catherine to become pregnant.
After so many years of "fighting", Lynch was a little worn out and a little weak.
The Gothe particles reactivated the vitality of these tadpoles. Although there were not many in number, they were all full of energy.
In the morning, Catherine did some simple activities at home for a while, and then started to lie in bed and watch TV.
The news of her pregnancy was also known to the Congress, and she also asked for leave and did not participate in unimportant meetings, which was approved by the Congress.
In fact, everyone knows very well that her time in Congress is running out, so whether she participates in the specific work will not be of much significance.
As long as the name of the committee's standing committee member is mentioned, it will also give others some opportunities to be exposed to the core work.
Lynch left the villa after eating at noon, and most of the operators of small and medium-sized shelters have arrived in Bupen, because setting industry standards is not a simple matter.
At least the appearance of freedom, equality and democracy must be maintained, so there will be many hearings to be held, and some operators will be selected to participate in the hearings and contribute their part to the formulation of industry standards.
Although their suggestions and opinions are useless most of the time, the process still needs to be followed.
In the conference hall of the Bupen Hotel, Lynch met these people. They all greeted Lynch warmly, said hello, and shook hands.
They knew very well that the reason why they were able to stand here was because Lynch helped them and prevented the conspiracy of the big capitalists from succeeding.
Investment in shelters is a risky project for many capitalists. Although it has many similarities with real estate projects, it is not exactly the same.
Real estate development can be completed by raising funds in the early stage and obtaining loans in the later stage. Even if the sales performance is not good, it can still be mortgaged to the bank and earn more or less.
But investing in shelters is different. Major banks refuse to lend money to shelter projects. These shelters are built with their own money.
Once the investment fails, you will definitely lose everything, and you will not be able to mortgage it to the bank later.
Everyone takes this matter seriously and hopes Lynch can give them some guidance, advice and help on the shelter issue.
There were more than 400 shelter operators or builders present at the scene, and only Lynch had the energy to bring so many people together.
Lynch's position was on the stage, and from the moment he sat down, the conference hall immediately fell silent.
The host at the scene is Momo. She has rich experience in hosting large-scale events. If her questions are not so mean, she will be a very good host.
After a simple opening remarks, she handed over the initiative of the meeting to Lynch.
There is still no script, no plan, just speaking casually, which is very Lynch's personal style.
“Before coming, I thought about what topic we should use to start our conversation about shelter issues.”
"I thought about it a lot, but it didn't seem to be suitable as the first direction for our discussion. But fortunately, my mind is not too stupid. I found it ten minutes ago."
"Crisis, that's what we use to talk about first."
"Crisis from technology, crisis from nature, and..."
"Crisis from big capitalists and conglomerates!"
There was some noisy discussion at the scene, but it quickly calmed down.
Lin Qi picked up the cup and took a sip of black tea. Today's drink is black tea. Although coffee is refreshing, it is not suitable for drinking too much.
On the contrary, you can drink more black tea.
"Crisis from nature, crises from technology, you may already have corresponding ideas."
"Every day our assessment of the future will be more serious than yesterday's assessment. The future is always updated and changing. We are always optimistic about what will happen in the future, but the future is not as optimistic as us."
"Fortunately, our technology is also constantly iterating and developing, giving us more confidence when facing the unknown future!"
"Blackstone, as well as the Flight Research Institute and related research institutions, will selflessly provide a series of technical licenses and products related to shelters to the whole society."
The scene immediately burst into warm applause. There were many small shelters that did not have the qualifications to build shelters at all.
They have no research center and know nothing about shelter technology. They develop shelters solely based on their experience and level in developing real estate projects.
The electricity and heat resources are purchased from other power stations, and the food is also planned to be purchased from other shelters. They are only responsible for providing a good-looking empty shell. This is the only thing they can do.
This is also the reason why many companies can develop shelter projects. They do not need to have so many complicated technologies themselves, as long as they have money.
And all this is thanks to Lynch’s generosity.
After applause for a while, Lynch raised his hand and pressed down, ending their applause.
"These are problems we can easily solve, but some problems are not so easy."
“In previous congressional meetings, big conglomerates and big capitalists had a very unfriendly attitude toward small and medium-sized shelters.”
"This is a war and a cruel competition, but surprisingly, your probability of victory is not low, so they plan to use methods outside the rules to solve you."
At this time, someone stood up, and the staff also passed the topic to his hand, "Mr. Lynch, you said that we have certain advantages when facing those big consortiums, but I can't see where our advantages are. Can you talk to us?”
People's attention returned to Lynch, "Your advantage is that as long as you don't lose money, you will make a profit."
"But for those big consortiums, even if they make a profit, if they don't make enough profit, they will still suffer huge losses. This is your advantage!"
Large consortiums have strict review systems for fund allocation, and a considerable part of the funds are either loans or fund-raising.
Even if this part of the funds is left alone, corresponding funds are still needed to maintain it.
Therefore, for large financial groups, it is not enough to make a profit. It must be above a certain standard, otherwise it will be a loss.
Moreover, this kind of loss will seriously affect the profit purpose of the consortium. For example, if the money invested in Plan A is not enough, because Investment A affects Plan B, Plan B will not be implemented or the profit will not reach the target.
This kind of loss may not seem scary, but it is actually very scary!
Many consortiums and big capitalists eventually went into unsustainable bankruptcy because of similar chain reactions.
This is also the reason why these large consortiums want a one-size-fits-all approach from the very beginning.
Only by clearing out these small and medium-sized shelters that have no profit pressure can they achieve their profit targets and make more profits!
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