Chapter 437: Golden Avenue
As early as August last year, the Bank of Jaga officially issued the dragon coin, announcing that it would be pegged to gold, and 50 dragon coins could be exchanged for huàn 1 gram of gold.
Because it was possible to successfully exchange a sufficient amount of gold from the bank, the issuance of dragon coins in the area ruled by the Black Dragon Army was very smooth.
After the establishment of the Hua Long Kingdom, the original state-owned bank and the Bank of Jaga were reorganized, a new central bank was established, and the issuance of the kyat currency was abolished.
Ye Quan robbed the treasury of the Philippines and Indonesia, salvaged many shipwrecks and treasures in the world's oceans, and vigorously mined marine minerals, thus obtaining huge amounts of gold.
At this time, Hualong Kingdom's gold reserves had already surpassed Lijian Kingdom, reaching 36,000 tons, and because Ye Quan was secretly developing space mining, gold reserves were still increasing rapidly.
With such confidence, the issuance and circulation of dragon coins are not difficult at all, and they are not afraid of a large number of runs, which is why the Black Dragon Army dares to do this when the currencies of various countries are not pegged to gold.
In order to increase everyone's confidence in the Dragon Coins, the Central Bank Building (formerly the Bank of Jaga Headquarters Building) in the capital city of Jaga was completed, and a "Golden Avenue" was laid in the small square in front of the gate.
The Golden Avenue is 6 meters wide and 500 meters long, and is paved with 3,000 large gold bricks.
Each gold brick is made of 1,000 pure gold, 100 cm long, 100 cm wide, 10.35 cm thick, with a net weight of 2 tons, and the weight of gold used to lay the ground alone reaches 6,000 tons!
This amount surpasses Germany, which ranks second in the world with more than 3,000 tons of official gold reserves, and is second only to Lijian's more than 8,000 tons.
As for the official gold reserves of Xinhuaguo, it has always been a mystery. The IMF's numbers show just over 1,000 tons.
But this number jù has been widely questioned. Some people think it's more than 3,000 tons.
There is also speculation that Xinhua has accumulated a lot of gold in the past few years. The amount is up to five thousand tons. and store it in different non-governmental accounts, which will only be in the country of Lijian.
But in any case, only about 30 countries in the world have more than 100 tons of gold reserves, and the vast majority of other countries have only a few tons or dozens of tons, and they are all locked in heavily guarded and checkpoint vaults.
However, Hualong Guo directly laid 6,000 tons of gold in front of the public.
Moreover, anyone can go to the Golden Mile to visit or even step on it!
Such boldness and generosity have simply shocked and stunned the people of all countries.
Countries are also amazed that the Black Dragon Army actually has gold reserves of more than 6,000 tons.
To know. Gold has been a rare and precious metal since ancient times, not only used as currency circulation, but also as an important material in the jewelry industry, electronics industry, modern communications, aerospace industry and other industries.
There is an approximate amount of gold from mining to reserves, and the amount of 6,000 tons does not appear in a vacuum.
According to statistics, the amount of gold mined on the earth in the history of mankind is about 90,000 tons. At present, the total possession of countries in the world is about 37,000 tons; There are about 23,000 tonnes of privately owned gold in various countries.
All in all, the total amount of gold publicly and privately owned by countries is only 60,000 tons, a difference of 30,000 tons from the estimated amount mined.
Where did the 30,000 tons of gold go? It is an insoluble mystery to the world.
Hualong Guo made a move. It took out the equivalent of one-tenth of the total amount of gold in the world, which makes people have to be interested in the source of gold on the "Golden Road". Generate all sorts of conjectures.
As a result, some people say that the Black Dragon Army has found the Golden City; Some say that a huge gold mine was found somewhere; Others say that they have found Nazi treasures and so on.
Stimulated by the "Golden Mile", the international gold market has been volatile, but the strength of the Dragon Coin is unquestionable.
After the "Golden Avenue" was opened to the outside world, it suddenly became a holy place for people from all over the world to travel, and everyone wanted to feel what it would be like to step on 6,000 tons of gold and yellow.
If you don't go to the Golden Mile, take off your shoes, step on them, walk them, touch them, and take a photo, it will be in vain.
The entire avenue covers an area of 3,000 square meters, and when it is reflected in the sun, it looks golden and can dazzle anyone's eyes, like a dream.
As for whether the exposed gold will be robbed, no one who knows the inside story will be worried.
Each gold brick weighs 2 tons and must be moved by large machinery, and although the Golden Avenue is not forbidden, the process of visiting is orderly and restricted.
The square is some distance from the road, and there is a separation zone in the middle, so vehicles cannot get close.
Even a strong attack by an elite armed force is unlikely to succeed.
Various mechanisms are set up under the Golden Avenue to automatically activate safety measures when there is a force such as vibration or cutting on the surface of the gold bricks.
There are also 24-hour vigilantes on duty around, laser emission systems at high places, and 24-hour synchronous monitoring by Sky Eye satellites in the sky to observe everyone's every move within a radius of several kilometers.
In addition, there are police duty points, and there are really people who dare to fight the idea of these gold bricks, which is purely looking for death.
Since the collapse of the Bretton Woods system, the main means of plundering and exploiting the wealth of Western corporations has been to depreciate major currencies such as the dollar without limit.
With the spread of the financial crisis, the US dollar, as the dominant international currency, has often become a tool for countries to deliberately depreciate and pass on their own crises.
As a result, the foreign exchange reserves of various countries, mainly US dollars, are shrinking at every turn, wealth disappears out of thin air, and interests are not guaranteed, which is equivalent to the people of all countries working for the benefit of the people of all countries in vain.
This must change.
Dragon Coin is a challenger, and if it wants to replace the US dollar in international trade and become an international currency, it must have a better ability to retain value than the US dollar and other fiat currencies.
The dragon coin is pegged to gold, so that it can replace the dollar with the fastest speed and be recognized by more countries.
At this time, Hualong used dragon coins to enhance its international influence, brandishing dragon coins to make large purchases from various countries and carry out large-scale post-war construction.
The four major groups are also preparing to establish an Oriental Commercial Bank to enter the financial industry.
With the development of the four major groups, there are more and more contacts with the financial industry, and it is absolutely necessary to set up a bank to achieve the purpose of bank-enterprise cooperation, with a huge real industry as a solid backing for the bank.
Western conglomerates are monopolies of huge banks and huge corporations, and their power often extends beyond the confines of one country to many parts of the world.
Banks can use financing to promote business development. And through loans and investments, it will extend its tentacles to more industries, and unconsciously expand the group's control industries or fields.
In fact, just the business capital transactions of several groups under Ye Quan, the payment of salaries to hundreds of thousands of employees, etc., are enough for the survival of a small private bank. (To be continued......)