Chapter 0227 "Golden House" Bargaining Meeting

In principle, some of the gold that the East India Company looted from all over the world went to the Rothschild family's vaults, while the other went into the pockets of the British crown.

According to the previous KGB survey data, the gold reserves of the British royal family should be around 10,000 tons.

In the past month, outside the Rothschild family, only 7,000 tons of private wealth gold in the world have not moved, so it can be said that part of the gold traded last month came from the British royal treasury!

Thinking of this, Qiao Tianyu suddenly realized, could it be that the British royal family is the backstage of Credit Suisse First Boston Bank?

However, this also makes sense, on this planet, there are not many forces that can make the Rothschilds jealous at this stage, and the British royal family is the most special one among them.

It is not difficult to understand that Britain is the birthplace of the Rothschilds, and the Rothschilds followed the butt of the British royal family and colonized the world with the help of the East India Company, which brought about the rapid accumulation and expansion of the wealth of the two families.

It can be said that although Britain has declined with the rise of the United States in recent years, in the bones of the Rothschilds, they still regard the British royal family as their master, so it is also possible for them to cast a mouseball on the British royal family.

Thinking of this, Qiao Tianyu finally knew that the Rothschild family was full of talents, why did he invite him Qiao Tianyu to go out of the mountain?

It is estimated that the Rothschilds also guessed that there was a British royal family behind this incident, and they didn't want to clash head-on with the British royal family, so they found a "substitute driver" to help them charge!

Thinking of these, Qiao Tianyu was a little big-headed, he had just fought with the Saudi royal family in the Middle East, but he didn't expect to just escape from the Middle East and fight with the British royal family again, is Qiao Tianyu going to be the enemy of the feudal forces in the world?

But there is no way, since he was forced to go to Liangshan, even if it is the British royal family, Qiao Tianyu has to be tough.

"By the way, Joe, what the hell is the 'Golden House' bargaining meeting you and that Carl have been talking about?" asked Michelle, puzzled.

"Is it possible to hold a meeting in a house made of gold to discuss the international gold price? I don't understand, shouldn't the international gold price be formed spontaneously by the international gold market, could it be that it is really artificially controlled?"

"Hey, Michelle, aren't you from the Russian State Property Committee, don't you even know about the famous 'Golden House' bargaining meeting?" Qiao Tianyu asked with some surprise.

"Could it be that the people of the Russian State Property Committee should know anything?" Michelle glanced at Qiao Tianyu angrily, "Let you say it, you can say it, what do you need?"

Forehead......

Qiao Tianyu was scolded by Michelle with black lines on her face, and this girl's savagery is no one.

"Okay, then I'll tell you what the 'Golden House' bargaining meeting is. Qiao Tianyu cleared his throat and continued.

"Unlike traditional financial markets such as oil, stocks, bonds, and futures, the price of gold in the international gold market is not completely generated by the market, but is artificially controlled. ”

"As mentioned earlier, gold is not expensive, but rare, and only 170,000 tons of gold have been mined in human history. ”

"Three tonnes of this are stored in the coffers of central banks around the world in the form of official reserves, 70,000 tonnes in the vaults of the world's major private banks in the form of private wealth gold, and 70,000 tonnes in the form of gold jewellery scattered among the private sector around the world. ”

"The change in the official reserves of gold in various countries is very small and negligible, and the gold in the form of gold jewelry is too scattered to be collected, and it can also be ignored, so most of the gold traded in the international gold market is private wealth gold and gold newly mined in major gold mines every year. ”

"Most of the private wealth gold is in the hands of the five major banks – Rothschild, Scotiabank, HSBC, Deutsche Bank and Credit First Bank Boston, and most of the world's gold mines are controlled by the Rothschilds. ”

"Therefore, the five major banks led by Rothschild Bank are equivalent to controlling the supply of gold in the world, so these five major banks are also known as the 'world's five gold merchants'!"

"To put it bluntly, the 'world's five largest gold dealers' are equivalent to the largest market makers and transit points in the international gold market. ”

"Every year, the world's new supply of gold, including gold mined in the world's major vaults, as well as gold reserves reduced by central banks or private wealth gold sold by private banks, must be sold to the world's five largest gold dealers, who will then sell them. ”

"And the world's annual demand for gold, including the increase in gold reserves by central banks, or the increase in private wealth gold by private banks, and the demand for gold from the world's major jewelers or industrial enterprises, must also be purchased from the world's five largest gold dealers. ”

"To put it bluntly, the world's five largest gold dealers control the entire international gold market, and they are jointly maintaining the normal operation of the entire international gold market!"

In this case, the rules of the game that determine the price of the international gold market are naturally determined by the world's five major gold merchants. ”

"Beginning on September 12, 1919, the world's five major gold merchants decided to implement the gold day bargaining system in London, twice a day, and the gold price agreed at the meeting was the benchmark price of the international gold market. ”

"Since 1919, the bargaining meeting has been held in an office at the Rothschild Bank's headquarters in central London, which is also known worldwide as the 'House of Gold.'"

"Oh, I see. Michelle blinked her big beautiful eyes and nodded vigorously.

"Since the international gold price is artificially determined, don't the world's five major gold dealers set the gold price as high as they want, so it's not chaotic?"

"No, it's not like that. Qiao Tianyu shook his head.

"Although the world's five largest gold merchants control most of the gold supply, they are not all, and the gold mines of some countries, such as the former Soviet Union, Huaxia and other socialist countries, are not under their control, and the gold markets of these countries are not included in the international gold market. ”

"And in addition to the formal international gold market, there are some gold black market transactions in the world, if the price of the international gold market is too different from the gold black market, as well as the gold price of individual countries, it will cause abnormal flow of gold. ”

"This leads to a vicious price war between major markets, which all markets do not want to see, so in order to avoid this happening, the international gold market must also reflect the market price as much as possible. ”