Since the Bretton Woods system replaced the gold standard as the main system of world financial currency, and then the outbreak of the dollar crisis led to the collapse of the Bretton Woods system, the current world financial and monetary policy has actually fallen into chaos.

In fact, although the Bretton Woods system was the main culprit in defeating the gold standard, the financial and monetary system implemented since July 1944 was actually a kind of monetary policy of the gold standard, except that the Bretton Woods system was no longer based on gold, but began to use banknotes and stipulate its legal gold content. This is actually a fictitious gold standard, which is fundamentally a kind of gold standard.

Later, although the Bretton Woods system was dissolved, the current system of international monetary and financial organizations was dominated by a small number of countries (G7 countries), which was not commensurate with the current position of countries in the world economy, and lacked a mechanism of checks and balances on the behavior of reserve currency issuers, so that the decision-making of the current international financial organizations could not reflect the interests of the majority of members.

This has led to the current chaos in the international financial and monetary system.

At this time, it is precisely gold, a currency that has long been abolished, that is the only currency that can best stabilize the currency market. In contrast, neither the dollar nor the euro, nor the pound or the yen can replace the important role of gold as a precious metal in the global monetary system.

To put it bluntly, although gold is no longer regarded as the standard currency in the international monetary system, in fact, gold is still silently playing the role of the standard currency.

You don't see, whether a country is rich or not depends not on how many other countries' national debts you have, but on how much gold reserves you have. Japan was powerful enough in the 80s. The U.S. Treasury bonds you own are almost enough to buy half of the United States, but if the United States gives you a square treaty, all the wealth you have worked so hard to accumulate will fall into the hands of other Americans.

And if Japan had enough gold reserves at that time, I am afraid it would not have fallen to that point.

In the same way, the international financial speculators led by Soros attacked the economic system of Hong Kong Island during the Asian financial crisis, but because behind Hong Kong Island stood a China with a large amount of gold reserves. As a result, Soros returned in vain, and they suffered heavy losses.

From these things, it can be seen that gold, a precious metal, is the hardest and most valuable currency at any time! There is no other paper money in the world that retains its value more than gold.

Why is the Fed so awesome? Isn't it because the Federal Reserve controls the entire U.S. gold reserves? Your Brinton Woods system was so awesome at that time, couldn't it be inseparable from gold reserves? You are so awesome in the G7 countries now, but if you transfer all the gold in your central bank, you will not even be a hair!

This is true for the state, and the same is true for the banks. Even with the current monetary policy. Gold reserves remain the number one measure of a bank's strength.

As the owner of the largest bank in the United States, the Morgan family naturally attaches great importance to the reserve of gold. Chris. Morgan, the next generation, was dispatched.

Since he is being trained as the next generation leader, Chris naturally has something extraordinary, and this time he came to negotiate, and the family has given Chris full power. He was allowed to acquire a stake in the super-gold mine by any means he could, without touching the family's core roots.

Before coming. The Morgan family already knew a lot about Tang, a rising mining tycoon. Although the current Tang Feng is nothing compared to the huge Morgan family, the members of the Morgan family are generally optimistic about Tang Feng.

The speed of Tang Feng's rise is too fast, and the speed is simply unexpected. The most important thing is that although Tang Feng has risen so fast, his steps are particularly solid. After experiencing last year's kicking out of the circle by BHP Billiton, Tang Feng has been particularly steady in every step since then. Not risky at all. Everything is done almost without leakage, so that others can't hold a little handle at all.

Whether it's the Beaumont mega oil field or the newly discovered super gold mine, even if the president of the United States comes, there is no fault in the ownership. It is precisely because of this that the Morgan family has made the best possible cooperation. Such a suggestion to avoid arguments.

So when Chris heard Tang Feng's words, he immediately knew what he should do.

Tang Feng obviously looks down on Newmont Mining, but this does not mean that people look down on other industries controlled by the Morgan family. And if the Morgan family can be like the Rockefeller family, and exchange the shares of a company controlled by their name for cooperation with Tang, it will definitely be a win-win result.

Look at Exxon now. Mobil got it. In the first year of the global oil price crash, ExxonMobil's market value wiped out more than $150 billion. However, after cooperating with Tang, although ExxonMobil's market value has not returned to its peak market value, ExxonMobil has been able to maintain profitability for nearly a year under the premise of general losses of other oil companies, thanks to the Beaumont oil field, and now, ExxonMobil's market value has stood firmly above $400 billion, and it is the only one among the world's top ten private oil companies to maintain profitability in the past two years.

And if the Morgan family can put down their position and cooperate with this Tang, then it is foreseeable that Citibank, which has been pressing behind JPMorgan Chase, will definitely lose because of the addition of this super gold mine.

Thinking of this, Chris smiled slightly and asked, "Don, since you said so, then okay, I want to hear your opinion!" ”

Tang Feng nodded and said: "It's very simple, I also have a very strong opinion on cooperating with your Morgan family, so I want to exchange 20% of the shares of this super gold mine for a part of General Electric or General Dynamics, I don't know what you think, Chris?" ”

Hearing Tang Feng say this, Chris's eyebrows raised upward, he originally thought that Tang Feng wanted to take this opportunity to enter JPMorgan Chase or Morgan Stanley, but he didn't expect Tang Feng to be interested in General Electric and General Dynamics.

"What does this Tang Feng think?" Chris couldn't figure out Tang Feng's thoughts for a while. (To be continued......)