Chapter 1900 - 1725: Gold Asia Dollar
Chapter 1900: Chapter 1725: Gold Asia Dollar
Myanmar Bank Group.
Belongs to Ling.
Widely known.
Ling has absolute control, other vice leaders don’t even have the right to know, let alone manage. Home and country seem indistinguishable in Ling’s hands; when Ling is in power, it’s regarded as state-owned, when not, it’s private.
No surprises.
Five years.
Ten years.
Twenty years later.
Ling will still be in this position, altering the constitution is merely a small matter, re-election poses no difficulty, with his achievements, the public will certainly support him fervently, others can only watch.
Compete for the position?
Hard.
Even if someone else steps up.
It will also be someone chosen by Ling.
…
The next day.
Early morning.
“Poof!”
“Cough, cough.”
While drinking tea.
Sun Jiang was choked by a piece of news.
“Myanmar Gold Group has discovered a rich gold mine in the forests of the Kachin Region, preliminary exploration reveals a total gold reserve exceeding a thousand tons, currently, mining area construction and excavation preparations are underway.”
News.
Like a thunderclap.
Resounded over this land, countless people were stunned.
“What? Another gold mine?”
“Blessed land.”
“A reserve of a thousand tons, worth several hundred billion, we’re going to strike rich.”
“Why wasn’t it discovered earlier?”
“It’s normal, it was in the Kachin Region, which had a complex situation and was a mountainous area, large-scale geological exploration had not been conducted before, now it’s stable, we had the time to make this discovery.”
“That’s right.”
“Caught a good timing.”
“Discovering large gold mines one after another, that place truly is a treasure land.”
“Who can say it’s not?”
“…”
Gold Mine.
Represents a medium of human transactions for hundreds of years, equivalent to money. A gold mine that can bring out wealth worth billions, even in developed countries in Europe and America, is exhilarating news.
Not to mention.
In a country where even the annual GDP was less than half its value.
Excited.
Thrilled.
Though not theirs, it relates to everyone in this country, it belongs to Myanmar Bank Group, not much different from belonging to Myanmar, at this moment, they still aren’t aware of selling gold.
Otherwise.
Who knows what they might think.
Later.
News spread quickly, travelers widened their eyes.
“Gold mines?”
“A thousand tons?”
“Not kidding, today isn’t April Fool’s Day.”
“Official news, won’t be wrong.”
“God, why isn’t this in our country? You have already bestowed upon this land transcription fluid, and mined out more than two thousand tons of gold, and yet another one added.”
“Primitive land indeed brings surprises.”
“Wish I could go and see.”
“They only mentioned the Kachin Region, not a specific address, likely same as the previous large gold mine, will remain confidential, I believe surprises lie under this primitive land.”
“Pity they don’t allow mining.”
“Of course, this is gold, not iron or copper.”
“Speaking as if iron or copper would let you mine, this side’s resource industry is almost all state-operated, with only Myanmar Bank Group as an exception, not a state-owned enterprise, yet enjoys better treatment.”
“They can print money.”
“Could there be an exploration mistake?”
“Ha ha.”
“…”
Envy.
Jealousy.
Sarcasm isn’t absent; a thousand tons represent over 30 billion dollars in value, ranking among the top gold mines globally, now Myanmar has two such mines.
One.
Produced over two thousand tons in two years.
One.
Reserves of a thousand tons.
Oh heavens.
How can you be so unfair? Are gold mines clustered over there? If extracted, along with the previous over 2600 tonnes, it would directly rise to become the world’s second-largest gold reserve nation.
Instantly.
Countless mining entrepreneurs’ focus gathered forth.
At one point.
The phone lines at Myanmar’s Ministry of Mining almost couldn’t handle it.
“Sorry, no foreign investment policy issued yet for Myanmar’s precious metal mining.”
“…”
“Sorry, Myanmar Economic Zone currently not accepting any foreign investment for minerals.”
“…”
“Sorry, we don’t know when it might open.”
“…”
“Sorry…”
“…”
-No.
-Don’t know.
This is the response from the Ministry of Mining.
Who doesn’t understand the intentions of these people, they want foreign investment, but an order has been given to limit the production of Myanmar’s mineral industry, to import if possible, only a small portion is self-produced.
Additionally.
Within the Myanmar Economic Zone, not under the jurisdiction of the Ministry of Mining, all land there belongs to Myanmar Bank Group, to use land in the Special Zone, an application must be lodged to Myanmar Bank Group.
Thus.
Even less welcoming.
Gold Mine.
They drool just thinking about it.
However.
Dare not utter a word, meat grabbed by Myanmar Bank Group, who would dare covet it? Don’t want to live? Even with a gold mountain placed there, the Ministry of Mining can only watch.
Dare speak up.
They would be taught a lesson.
Moreover.
It’s not like there’s no benefit, last year, a substantial annual bonus was issued, averaged to five times their annual wages, half was subsidies from the Myanmar Economic Zone.
Everyone knows.
Money.
Seals lips.
…
Embassy.
After reading detailed reports.
Sun Jiang only smiled ruefully, no wonder, a sudden increase in supply by thirty tons monthly, turns out a gold mine was discovered, with a thousand-ton reserve, and it’s a rich mine, showing that the quality isn’t ordinary.
Kachin Region.
Mountainous area.
Reasonable.
Even he felt a bit envious, as Huaxia hasn’t found any rich gold mine exceeding a thousand tons in reserves, and the introduction shows it’s not an associated mine, but a real gold mine, which is even rarer.
Again and again.
If again and again, this world… no, it shouldn’t be so crazy. The news says just discovered, so it should be true, thus Myanmar sold more of the previous large gold mine’s output.
Thus.
Resulting in the current situation.
“Will it break a hundred tons next year?”
Sun Jiang murmured.
This speculation.
Isn’t too outrageous because today’s events are beyond expectations, these years, they’ve not followed normal development logic, all leaping developments occurred here.
If it breaks a hundred.
Heavens.
That would be terrifying.
However.
This is better, with gold, the more, the better, Huaxia needs it, with so many people in Huaxia, locals also need it, it’s safe to say, the huge population makes mined gold hard to go into storage.
One gram per person.
Requires thirteen hundred tons.
These days.
Who doesn’t have some gold jewelry?
Every year.
Gold must still be imported, now there’s another major supplier, gold reserve increase becomes much faster, it’s expected by the end of next year, Huaxia can leap to become the world’s third-largest gold reserve nation.
This is a great thing.
For Huaxia.
For the RMB.
Indeed a matter of great benefit.
…
On that day.
United States.
“Myanmar Central Bank last year announced gold reserves reached two thousand six hundred fifty tons, with subsequent mining and this gold mine discovery, Myanmar’s gold reserves might exceed four thousand tons in the future.”
“As a guarantee for the issuance of the Asia Dollar, the Asia Dollar might be called — Golden Asia Dollar.”
This term.
Appeared for the first time before the world.
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