Rebirth: Super Banking System

Chapter 1901: Chapter 1726: The Big Gold Mine

’Golden Asian yuan.’

Once it appeared.

Media from various countries scrambled to quote it.

To be aware.

Throughout history, there aren’t many currencies pegged to gold. Many years ago, the US dollar was called “greenback” because people could take dollars to the Federal Reserve for gold exchange, but later it was no longer available for exchange.

Nowadays.

Although the Asian yuan also isn’t exchangable.

However.

Its substantial gold reserves give a lot of confidence to those using the Asian yuan. Many only realized then that even if the foreign exchange reserves run dry, the Asian yuan might not depreciate as they still have gold.

Over two thousand tons.

If sold.

Many willing countries could take over.

…

Kachin Region.

Provincial Capital.

“How did I not discover it?” Pan Cong scratched his chin with a look full of surprise. After governing this area for so many years, he genuinely hadn’t discovered this gold mine. Isn’t this a huge loss?

Back then.

When merged into the Myanmar Economic Zone.

Aside from the industries it inherently owned, all other unclaimed lands and resources belonged to the Myanmar Bank Group. Now, even with envy, there’s not a shred of reason for a share.

A thousand tons.

Dear goodness.

How much money is this.

If he had discovered it earlier, his strength would have increased by a significant margin; if that were the case, Ling’s current position might just be his, as long as it was a decade ago when Ling hadn’t appeared, he would’ve had the chance.

What a pity.

No ifs.

Everything.

Already settled, now he is honestly doing the job of a local head. Under Su Yu’s command, he should get things done well, otherwise, while his wealth and people remain safe, Ling might dismiss him.

As of now.

Ling’s words.

Are the iron law of this land, even his close associates may not fully follow him, without strength, he’s like a tiger without claws and teeth, significantly diminished in deterrence.

However.

The sense of unwillingness is not all that strong; nowadays, he still has food, drink, and industries, while he doesn’t have the power over life and death, he can live quite comfortably, and he’s grown tired of the battles.

“Why not apply to the Myanmar Bank Group for a visit?” His subordinate is also curious about where the gold mine is.

“No need.”

Pan Cong shook his head.

In the news.

There was no mention of a specific address, nor was it found in any documents. Given this, just pretend not to have seen it. If they don’t want him to know, asking would only get the cold shoulder.

Why provoke unnecessary discomfort!

…

Xin’an City.

Special Zone General Administration.

Upon seeing the news.

Su Yu smiled lightly, as the deputy head, he is eligible to know about the gold transactions with Huaxia and knew about the increase from fifty tons to eighty tons, such actions are obviously not due to excess gold.

Zero said it was for the Myanmar-related enterprises in Huaxia.

However.

Su Yu might make other suppositions, like this time, Huaxia being the biggest Asiadollar reserve country globally, didn’t, like other international capitals, redeem the Myanmar Central Bank’s remaining foreign exchange reserves.

Reciprocity.

Therefore.

An increase of thirty tons per month.

This reason is absolutely plausible and justified, treating them as allies, he believes, is the most correct thing, Europe and the US? Su Yu doesn’t trust those guys, they are professionals at causing trouble for allies.

Speaking of the gold mine.

Truth be told.

He doesn’t know where it is either.

Nor did he delve deeply into it.

As long as the gold mine can produce, it doesn’t matter where it is. As for taxation, Su Yu doesn’t concern himself, after all, the Myanmar Bank Group controls this land with unlimited liability, and any earnings are not saved up.

But spent on this land.

What Su Yu needs to do.

Is to manage the administrative side well, no need to worry about the rest.

By the window.

Looking at the distant Xin’an New District, Su Yu’s eyes are full of pride, even if it doesn’t have much to do with him, it was built during his tenure, from barren land to a modern urban area.

Witnessed.

Participated.

And that’s enough.

…

On that day.

Many jewelry companies expressed a willingness to purchase gold from the Myanmar Gold Group. The previous two thousand six hundred tons had already been classified as Central Bank reserves and likely wouldn’t be sold, but the new gold mine hasn’t been concluded.

Naturally.

There’s a lot of interest.

“Partial sale can be considered, but it needs to wait until the mining area is officially operational.”

“How long?”

“Early next year.”

“Can it be pre-ordered?”

“You can, with a maximum of five tons per single buyer, totaling three hundred tons, the latest delivery time is by the end of next year, and full payment must be made within ten days of ordering, otherwise, the order will be canceled.”

“No problem.”

Gold.

A hard currency.

Hardly any loss, especially for jewelry companies, as long as they don’t sell gold bars, the processing fee is quite a sum, besides, gold prices have been declining recently, it’s precisely the right time to stock up.

Glorious antiques.

Chaotic world gold.

Though there isn’t chaos now, a world financial crisis is coming, gold investments surely will heat up again, full payment isn’t an issue, if gold prices rise next year, they profit.

Thus.

In just two days.

Three hundred tons of ’futures’ gold were sold out.

…

Qingyan City.

Manor.

Tang Kai looked at the documents, filled with joy, this time, through several companies, he acquired fifteen tons of gold; hearing Tang Qing said it’s the perfect time to acquire more shares.

Fifteen tons.

He even thinks it’s a bit crazy, this needs how many pieces of jewelry.

Others buy gold by the gram.

He buys by the ton.

In the past, almost all imported gold, silver, jade, jewelry through the Myanmar Economic Zone were under his dealership; later, as the Myanmar Gold Group grew, the gold supply became too large for him to handle.

Thus.

That segment was reclaimed by Zero.

Preferential.

But not exclusive.

Because of this, he could get fifteen tons at once, otherwise, with the means of the Myanmar Bank Group, it would be straightforward to uncover this matter, showing he still has some special privileges.

Fifteen tons.

Enough for his jewelry company for over a year.

…

Shanghai Stock Market.

Villa.

Another weekend.

Tang Qing enjoyed living leisurely, everything was progressing as planned, eighty tons was nothing; underground gold river + Algerian gold mine, a monthly output close to a hundred and thirty tons.

Netting out fifty tons.

As for the new thousand-ton gold mine.

False information.

Just to have a reason to prepare for future gold sales, estimated reserves of a thousand tons, in the future, it could become two thousand tons, three thousand tons, it’s just a matter of words.

Vast mountainous area.

Under the pretense of secrecy.

Can ward off all covetous eyes.

If really unsafe.

Just pick a place, disguise a bit, no big deal. Since the beginning of the year, gold prices have been on a steady decline, selling now is rather unprofitable, but Tang Qing selling gold isn’t for profit, but for distribution.

Three hundred tons.

Just a start, more will be sold next year, allowing everyone a process of acceptance.

Just three days ago.

At night.

The fighters brought good news.

Another gold mine, comparable to the big Algerian gold mine, was discovered in Africa, and with the maturity of underground mining technology, the gold in his hands would see explosive growth starting from next year.

“Tangtang, we’re going out.”

“Alright.”

Lin Jiaxue and Zeng Rou went out shopping.

No one around.

Tang Qing returned to the study.

The next moment.

He appeared in an African country.