Rebirth: Super Banking System Chapter 2446 - 2286: International Gold Pricing Power

~4 minute read · 1,116 words
Previously on Rebirth: Super Banking System...
The issuance of 300 billion Asia Dollars in Gold Treasury Bonds stirred discussions on Myanmar's gold reserves and served as a mechanism to regulate the Asia Dollar by reducing market liquidity and enhancing its scarcity value. The bonds sold out within an hour, drawing keen interest from investors worldwide and support from Myanmar companies, who added them to their portfolios to back the nation's financial moves. Envy gripped Indian officials as they lamented missed opportunities for such lucrative gains, while in the United States, Old Ford probed Gitti on the gold's sources during a tense call, revealing his headaches over Myanmar's expanding influence and sparking divided debates among major consortiums on how to respond.

Following the conference.

Supporters of the strike against Myanmar were mostly fuming with rage as they powered down their gadgets, seething with frustration! This marked yet another failure to achieve agreement.

Endless debates.

Endless talks.

Plenty of arguments against it.

Blast it!

Had they taken payoffs from Myanmar, or were they just aiming to irritate them on purpose? Yet they remained helpless, since these conglomerates check each other and none can rule supreme by itself.

As a result.

Lacking broad support, major moves like targeting Myanmar simply can't proceed. Actually, they thought about allowing European powers to spearhead it.

But.

No valid reason existed.

Besides.

Historically.

Operations against certain nations have always been spearheaded by America.

Under the guise of righteousness, Europe usually backs rather than directs. If a European nation stepped up, certain impartial groups in the US might get annoyed.

What?

Planning to defy US dominance?

Asking for trouble?

...

"Bang!"

"Damn it."

"Hell."

"A group of pigheaded seniors."

"..."

The Morgan clan's current representative pounded the desk and swore fiercely. He had been the initial advocate for moves against Myanmar, yet this outcome prevailed now.

Right now.

He cared less about whether rival conglomerates had gained favors from Ling and more about how some were starting to ignore them outright.

Still, he was stuck without options.

At this elite tier, wiping out rivals entirely proves nearly unattainable, unlike handling regular folks who can vanish from existence without a whisper.

Even in another century.

Conglomerates.

Shall persist in dominating massively, and with no side able to eradicate the others fully, absent unity, their only recourse is... to boil in fury!

Curse it.

Such aggravation!

That said.

Options to counter Myanmar do exist without US involvement; certain covert tactics remain viable.

Such as.

---Driving down gold values.

...

That very day.

Global gold rates dropped accordingly, prompting numerous news sources to collectively wonder if Myanmar's gold securities were responsible, drawing from standard market principles.

---Increased supply, decreased costs.

Checking further.

Waves of mocking comments emerged.

"Blame Myanmar for dumping tons of gold, driving prices down cheap."

"Spot on."

"Seems nations grabbing those gold securities will suffer losses. This year's peak might be the top for the coming ten years in gold prices."

"Cunning ploy, unloading at the high."

"..."

A torrent of criticisms.

Press outlets added: thanks to the supply boom, gold faces a prolonged downturn, perhaps a sharp drop, advising caution for investors everywhere.

Right away.

The worldwide gold trade turned chaotic. Outlets in various nations also faulted their own banks for purchasing costly gold, while sentiments flipped swiftly.

...

Meanwhile.

Within Huaxia.

In the capital.

Tang Qing joined the yearly business leaders' gathering, grinning contentedly as he noticed certain folks growing restless and leaping back into action.

Excellent.

They took the bait.

Gold Treasury Bonds.

Primarily.

They help manage Asia Dollar fluidity.

Additionally.

They facilitate gold exports too.

Yet.

The key purpose, per Tang Qing's vision, lies in granting Myanmar future sway over global gold rates, since standard Treasury bonds involve set interest payouts.

Yet.

Gold Treasury Bonds carry futures-like traits and allow physical delivery. As this volume expands, advantages multiply.

Down the line.

We'll decide gold sales volumes ourselves; no more chasing so-called world rates. Currently, three hundred billion in gold futures masquerade as Treasury bonds.

Ahead.

This volume will swell further.

Presently.

World gold rates declining?

No matter.

In our futures arena, we simply climb; trust builds this way. While you dip, we ascend; minor losses at most.

The marketplace.

Embodies the whole system's faith.

Drop.

Drop harder, see if you won't rebound; I'll merely observe your antics quietly, given our grip on the planet's biggest gold reserves.

Thus.

Victory in this contest remains assured ultimately. Like any good, holding over half the sources lets you dictate costs.

Rivals offloading low?

Fine.

I'll stockpile while snapping up theirs. Once their stocks dwindle, I'll hike and offload, provided our share of inventory stays ample.

Thus.

Grasping rate control becomes straightforward.

...

Casting a look at gold rates, Tang Qing shifted focus elsewhere.

"Now, invite Tang Qing, Boss Tang, up to speak," the event emcee announced clearly. No company intro required; Tang Qing's fame precedes him universally.

At the venue.

Numerous attendees, lulled sleepy by prior talks, perked up instantly. They observed Tang Qing rise from the front row to the stage.

Gazes brimmed with admiration.

Jealousy.

Reverence.

Spotting him always made fellow moguls sense their own dimness against Tang Qing's radiant glow at their age.

Everyone else seemed lackluster beside him.

Moreover.

Riches alone aren't enough.

Youth adds to it.

Heck.

His intellect stays razor-sharp, unusually so, and barring any missteps, the Tang lineage's fortune endures another hundred years strong.

Likely.

Even grander.

He's evolved into a nationwide icon.

Across genders.

All ages.

Fans of Tang Qing span every layer of society, notably sister admirers, niece supporters, and maternal devotees, outnumbering showbiz stars by far.

Unavoidable.

Exceptional.

Plenty of so-called stars work under Tang Qing, and with command of Huaxia's top entertainment firm, performers depend on him for careers.

Inevitably.

Fans weighing options chose swiftly---they rooted for all. Tang Qing occupies a spot in hearts beyond mere star worship.

Nearing... faith?

Indeed!

Precisely that vibe.

...

Delivering a compelling address.

At last.

It wrapped up amid cheers, and the Comet Video live stream hit over five million watchers, flooded with 666 cheers and lauds for Tang Qing's appeal.

To that.

Tang Qing wished to reply: Continue strongly.

...

Midday.

During the luncheon, Tang Qing imbibed substantially once more.

"Boss Tang, look out for us going forward," Gree's leader beamed while raising a glass. Prior to this, no dealings linked their firms.

That said.

Post the Smart Space Industrial Park's launch.

Dynamics shifted entirely.

During the park's founding, Tang Qing daringly declared that firms merely burning cash post-profits without R&D focus.

Should.

Fade away.

The facility.

Would commit to tech innovation, boosting Huaxia's product quality overall and similar goals, which shook many enterprises then.

Of course.

Numerous outfits boast steady territories and even lead markets, untroubled by rivals, yet facing Tang Qing alters that.

Over recent years.

He rocketed to Huaxia's richest.

His savvy shines for everyone, and none assure dodging his aim. Beyond that, his vast candy powder followers alone.

Form a huge consumer wave.

Hence.

R&D spending surged company-wide.

Concurrently.

Once the park operated, they reached out for delegated R&D projects, seen as buying tranquility, and the site delivered, yielding impressive innovations.

Which boosted their lines greatly.

Naturally.

Market edge toughened too.

Afterward.

Major deals poured in.

Take.

Myanmar Bank Group's city funding and builds, where Gree snagged commissions for millions of fridges, coolers, and appliances over scores of urban sites.

A huge success!