Rebirth: Super Banking System Chapter 2427 - 2267: Second in the World

Previously on Rebirth: Super Banking System...
As October arrives, Indian media continues hyping Roy City, comparing it favorably to global metropolises and earning international praise for the efficient design and construction by Myanmar Bank Group and Huaxia enterprises, with India mainly providing financing. Project manager Mi Hao arrives at the active new construction site, content with his project's completion bonus nearing 1.3 million after taxes and eyeing a comfortable future. Roy City's airport buzzes with tourists from India and abroad, drawn by the publicity, generating tourism revenue to repay loans while city expenses remain low due to complete facilities. The Thai-Myanmar Railway operates more frequently, boosting Thai businesses but irking developers as Huaxia investors prefer Myanmar's superior environment and affordability over Thailand's offerings.

October 8th.

Nepidu.

'Selling once more?'

Upon getting the update, Bluem burst out, then grumbled inwardly. Just how vast is the gold stockpile of the Myanmar Bank Group? They put it up for sale annually.

The previous year.

They offloaded three hundred tons.

The year just past.

They unloaded five hundred tons.

This current year.

Damn it, they've jumped straight to one thousand tons. Holy hell, Lord, what's left in your reserves? What do you see gold as? Dumping it out so often.

Like potatoes or cabbages?

One thousand tons.

Current market value.

Exceeding thirty billion US dollars.

Holy crap.

He found himself doubting once again whether the Myanmar Bank Group was liquidating the Myanmar Central Bank's gold. If that's not the case, then exactly how much gold does your outfit possess?

...

Not too distant.

In a different embassy.

Sun Jiang's office—he got the identical report and the side of his mouth jerked. Has it turned into a habit? Earlier, they were offloading gold to Huaxia at a rate of one hundred tons monthly.

These days.

Huaxia has resolved to cut back on gold imports from next year onward, dropping from one hundred tons to thirty tons, even if it didn't slash it to nothing.

Reflecting on it.

It's likely due to Myanmar's surplus gold at present, leading to this massive dump of one thousand tons, valued at more than two hundred billion RMB—utterly wild.

To be frank.

Jealousy.

But.

Yet another puzzle emerges: where's that other gold deposit? So far, only the Tian Duan Mountain Gold Mine is public knowledge, yet the second one clearly produces nearly the same amount.

Or even.

Greater yields.

Furthermore.

Yearly output hits at least over a thousand tons of gold, surpassing even what the Huaxia Central Bank held before acquiring from Myanmar.

Through the years.

It climbed to almost three thousand tons.

In a single night.

Transformed into the globe's second biggest holder of gold reserves.

Truly.

Number two.

The prior amount, combined with over two thousand tons bought from Myanmar, pushes the unofficial reserves past Myanmar's, trailing only the United States.

That said.

Huaxia keeps this figure under wraps.

On that note.

Sun Jiang remains stunned. Should Myanmar hold back on sales, its base reserves top two thousand tons, add Huaxia's over two thousand tons, plus three outside deals totaling eighteen hundred tons.

Oh my god!

That surpasses seven thousand tons already.

Plus.

Myanmar probably has more potential and a ultra-productive gold mine—if they choose, they could claim the top spot as the world's largest gold reserve nation.

All one can remark.

---Incredible!

Regarding their disinterest in that ranking, it's comprehensible. Myanmar's growth and the Asia Dollar's global push demand enormous financial outlays.

Without funds.

All else falls flat.

Evidently.

The Myanmar Bank Group aims to rake in maximum profits to sustain the ongoing momentum.

Indeed.

It has to be so.

...

Soon enough.

As the announcement spread, the entire world erupted in shock.

'Insane!'

'Good lord, Myanmar is so blessed—its yearly gold output these years eclipses the global total! Making up for past shortages in mere years.'

'How much cash does that represent?'

'I'm dying to know just how bountiful Myanmar's gold mines truly are.'

'Ditto.'

'...'

Innumerable observers were left speechless by the report; for everyday folks, gold buys come in grams, perhaps kilograms at best.

However.

Their standard measure is---tons.

With a---thousand as the leading figure.

Right then.

Myriad individuals sensed the world turning strange—when did thousand-ton gold deals become routine beyond the gold futures arenas?

Still.

It occurred anyway.

Myanmar.

This nation etches itself deeper into memories once more, solidifying its 'local tyrant' reputation; now, it fully embodies that tycoon vibe in public perception.

A handful of key offerings.

In March.

Straight-up generated over four hundred billion dollars, even shoving aside oil-exporting Saudi Arabia; against the Myanmar Bank Group that hawks gold in hundreds and thousands of tons.

Folks can merely bow in submission, gazing upward from their knees.

...

Subsequently.

Amid the astonishment, key purchasers rushed in to secure deals; in the prior two instances, Myanmar's eight hundred tons total vanished almost instantly post-announcement.

Wiped out.

On this occasion.

Likewise.

Governments.

Enterprises.

All sprang into motion.

Don't dismiss this three hundred billion dollars in gold as trivial—the market hunger for it is insatiable. Bear in mind, before now, big physical gold trades were scarce.

Typically in kilograms.

Or tons.

Barring gold futures hubs, such volumes were exceptionally uncommon.

Therefore.

Nations flush with cash, and firms not lacking funds, eagerly snapped it up; gold has endured as a medium of exchange across millennia in humanity's saga.

Its built-up trust is ironclad, unyielding.

So.

Within a single day.

The one thousand tons flew off the shelves, mainly to central banks worldwide, with a minor share going to corporations. As national news outlets covered it.

At once.

Public sentiment boiled over anew.

'Gone in a day once more—brilliant.'

'Simply like that, they've pocketed over two hundred billion Asia Dollars; got to admit, hard assets move fast.'

'Utter lunacy.'

'Word is, no taxes involved.'

'Gut-wrenching.'

'...'

Beyond marveling at national wealth, what more is there? Abruptly gaining over three hundred billion dollars—that revenue power stirs profound envy.

Regrettably.

That's all—can't pilfer it; you don't even locate their mines, so just lie back and watch them tally the bills.

...

United States.

San Francisco.

'What sort of... what manner of gold mine is this?' The DuPont Family elder, saved in Myanmar, muttered over his fruit wine.

His gaze alight.

Despite age.

He still exudes command and magnetism.

Back then.

During his Myanmar stay.

He'd also encountered the nation's swift ascent and crossed paths with Gitti, forging some discreet ties, though the gains were modest.

Nevertheless.

It marked a solid beginning.

Over the last year, he'd closely observed Myanmar's bold global strides, and must concede, they profoundly rattled him.

Loans.

Capital raises.

Goods.

Tourism.

...

Endless initiatives set the world spinning, booming unprecedentedly. That March haul of four hundred billion dollars quickened his pulse.

Dozens of fresh urban developments, amassing funds beyond three hundred billion dollars, spearheaded by the Myanmar Bank Group, plus other wonders.

To this realm.

All at once.

He felt a touch of alienation; upon his awakening, the landscape had shifted. One can envision, with this trajectory, it'll evolve into a colossal force.

Yet.

He felt little concern.

Spawning a rival?

Not likely.

How could it?

The prime prerequisite is for the counterpart to be a predator, but does Myanmar qualify as one? It doesn't seem so—recall, global dominance hinges on might.

United States.

Wields the mightiest punch.

Thus.

A land with outdated warships from decades back, antiquated aircraft, and arms that barely threaten them.

Is it a predator?

Who'd buy that?

No matter the flair.

Against overwhelming strength, compliance is mandatory, and factoring in Gitti's influence, from his viewpoint, Myanmar aligns inherently with the western bloc.

Merely.

Others lack the insight, but truly, nurturing such a powerhouse in Southeast Asia delights him.

Eastward.

Northward.

Both are US foes.

Hence.

Provided it's potent yet manageable, it serves as a sturdy spike near enemies—this vision thrills the veteran.