Rebirth: Super Banking System

Chapter 2446: Chapter 2286: International Gold Pricing Power

After the meeting.

Those who supported action against Myanmar were mostly huffing and puffing as they shut off their communication devices, feeling that anger! This was yet another instance where no consensus was reached.

Dragging conversations.

Rambling discussions.

A host of reasons opposing it.

Damn it!

Could they have accepted benefits from Myanmar, or were they deliberately trying to disgust them? But they were powerless, as consortiums mutually restrict one another and no one can dominate alone.

Therefore.

Without a majority agreement, it is impossible to push forward significant issues like action against Myanmar. In fact, they considered letting the European forces take the lead.

However.

There was no justification.

After all.

In the past.

Actions against some countries were always led by the United States.

Under the banner of justice, Europe generally supported rather than led. If a European country took the lead, some neutral parties in the United States would likely be displeased.

What?

Want to challenge America’s authority?

Itchy for a beating?

...

"Clap!"

"Fuck."

"Damn."

"A bunch of stubborn old folks."

"..."

The current spokesperson of the Morgan family slammed the table and cursed loudly. He was the first to propose actions against Myanmar, but this was the result now.

At this moment.

He was less concerned with whether other consortiums had received any benefits from Ling and more with the fact that some consortiums were gradually disregarding them.

But there was nothing he could do.

At their level, it’s almost impossible to completely eliminate the opposition, unlike dealing with ordinary people who can be made to disappear without a trace from the world.

In another hundred years.

Consortiums.

Will continue to thrive overwhelmingly, and in a situation where no one can completely eliminate the other, if no consensus is reached, all they can do is... seethe in anger!

Damn.

How frustrating!

However.

It’s not like there are no measures against Myanmar that can be implemented; it’s just that they cannot let the United States intervene. Some measures behind the scenes can still be employed.

Like.

---Suppressing the gold price.

...

On that day.

International gold prices fell in response, and many media outlets unanimously questioned whether Myanmar’s gold bonds were to blame, based on basic commodity logic.

---More goods, lower prices.

Upon looking.

A lot of sarcastic remarks came.

"It’s all Myanmar’s fault for selling so much gold, making it cheap."

"Exactly."

"Looks like those countries that bought gold bonds are going to lose. It’s very likely that this year’s gold price will be the highest point in the next decade."

"Sly move, cashing out at the peak."

"..."

A flood of accusations.

The media further commented: due to the surge in supply, gold will remain in a long-term slump, possibly even significantly declining, urging everyone to invest cautiously.

Immediately.

The international gold market became unpredictable. Media in some countries also blamed their central banks for buying expensive gold, and public opinion shifted rapidly.

...

At this time.

In Huaxia.

In Beijing.

Tang Qing was attending the annual entrepreneur meeting, and he couldn’t help but smile with satisfaction when he saw some people couldn’t sit still and jumped out again.

Great.

Fell into the trap.

Gold Treasury Bonds.

First.

They can regulate the liquidity of the Asia Dollar.

Secondly.

They also serve to export gold.

However.

The most important functionality, as Tang Qing hopes, is for Myanmar to have international gold pricing power in the future, as general Treasury bonds come with agreed interests for payments.

However.

Gold Treasury Bonds already have the nature of gold futures and can deliver commodities. Once this scale grows larger, the benefits will be aplenty.

In the future.

How much gold to sell will be up to us; we won’t have to follow the so-called international gold price. Three hundred billion in gold futures now appear wearing the guise of Treasury bonds.

In the future.

This scale will be even larger.

Now.

International gold prices are falling?

Whatever.

In our version of the futures market, rising is all it takes; confidence is built just like this. You fall, I rise; at worst, we lose a little money here and there.

The exchange.

Is the confidence of the entire market.

Fall.

Keep falling, I dare you not to rise; I’ll just quietly watch you play with mud as long as we hold the world’s largest proportion of gold stocks.

Then.

This game can’t be lost in the end. It’s like a commodity; if you control more than half of the supply channels, you set the price.

Others selling cheap?

Okay.

I’ll just hoard and at the same time buy yours. When your supply falls short, I’ll raise prices to sell, as long as the proportion of goods we control is high enough.

Then.

Controlling pricing power won’t be too difficult.

...

Glancing at the gold price, Tang Qing no longer paid attention.

"Next, please welcome Tang Qing, Boss Tang to the stage," the annual meeting host said loudly. No need to introduce the company’s name; who doesn’t know the name Tang Qing?

On-site.

Many spirits, previously made drowsy by the guest speeches, instantly revived. Watching as Tang Qing from the first row stepped onto the podium.

Their eyes filled with warmth.

Envy.

Awe.

Whenever they saw him, many entrepreneurs felt that, at their age, they didn’t know where they were in the bright, dazzling aura of Tang Qing.

Others appeared dull in comparison.

Furthermore.

Being wealthy was one thing.

Being young was another.

Damn.

His mind was still smart, atypically so for a human, and such a person, as long as he doesn’t stray, the Tang Family’s wealth can be maintained for another century.

Possibly.

Even wealthier.

He has already become a national idol.

Men and women.

Young and old.

Tang Qing’s fans are spread across all strata, especially those sister fans, niece fans, and mom fans, much more than celebrities in the entertainment world.

No way.

Outstanding.

Many so-called celebrities are actually employees under Tang Qing, and controlling the largest entertainment company in Huaxia, celebrities also rely on Tang Qing for their livelihoods.

Naturally.

Once the fans compared, they immediately had a decision---they liked them all. Tang Qing’s presence in their hearts has already transcended the celebrity idol echelon.

Almost like... a belief?

Yes!

Exactly that feeling.

...

After an eloquent speech.

Finally.

It ended amidst applause, and the official website broadcast of the Comet Video also surpassed five million viewers, with a barrage of 666 and praises of Tang Qing’s handsomeness.

In response.

Tang Qing wanted to say: Keep it up.

...

Noon.

At the host’s banquet, Tang Qing drank quite a bit again.

"Boss Tang, in the future, please take care of us," Gree’s president smiled as he proposed a toast. There was actually no business interaction between them before.

However.

After the establishment of the Smart Space Industrial Park.

Everything changed.

Back when Tang Qing was establishing the park, he was bold enough to claim that for those who only knew how to squander money after earning it and did not emphasize research and development.

Then.

Let them go extinct.

The park.

Will be devoted to technology research and development to improve the overall standard of Huaxia’s industrial products and so forth, which startled quite a few companies back then.

Certainly.

Many companies already have fixed market shares and even hold dominant positions, unafraid of competition, but it is different when the opponent is Tang Qing.

In a few years.

He surged to become the wealthiest in Huaxia.

His business acumen is evident to all, and no one can guarantee they wouldn’t be targeted by Tang Qing. Setting aside everything else, just those countless sugar powder fans.

Are a tremendous buying force.

Thus.

Research and development investments were increased across the board.

Meanwhile.

After the park was established, they proactively contacted to outsource research and development tasks, considered as spending for peace of mind, and the park lived up to expectations, with remarkable scientific research outcomes.

Which enhanced their product offerings significantly.

Naturally.

The competitiveness also strengthened.

Later on.

Big contracts rolled in.

For instance.

In the fundraising and construction of cities by the Myanmar Bank Group, Gree received orders for over ten million refrigerators, air conditioners, and other electrical appliances across dozens of cities.

It was a blast!