On the same day, the Central Bank of the Chinese Empire officially announced that it would cancel the issuance of gold coins in the central bank, and all the metal currencies of more than one yuan would be minted and issued in the form of silver coins. This undoubtedly led countries around the world to believe that the Chinese Empire, which was the most economically powerful, was very likely to change from the current dual standard monetary system of gold and silver to the monetary system of the silver dollar system.

After all, as a superpower, the Chinese Empire has always lacked domestic gold, and even after expanding many overseas territories and adding many high-yield gold mines, the main official gold reserves are still in Britain and Western European countries, while private gold reserves are mainly in India, Africa and European countries. Compared with gold, although the silver production of the Chinese Empire was not large, since the accumulation and overseas trade of the Manchu Dynasty, a large amount of silver has been hoarded, and the current silver reserves are enough to rank first in the world. Therefore, the silver dollar monetary system, which was based on the silver dollar, was very likely and more beneficial to the Chinese Empire.

As a result, the world silver market began to rise in price slowly but noticeably. At the same time, in the Americas, the Commonwealth of America and the Confederate States of America, taking advantage of the rise to power of the workers' commune regime in France and taking the opportunity to regain independence in Mexico and other Central American countries, the Second Malaysia Company imported silver on a large scale from Shengjing, Shanghai, Guangzhou and other places through the Second Malaysia Ocean Shipping Fleet, and quietly exchanged it for gold.

Half a year later, the price of silver began to fall, while the world gold market began to rise. At this time, European countries began to realize that something was wrong, and some Western bankers deduced that the Chinese Empire would not implement the silver dollar system, but would continue to maintain the gold and silver standard monetary system, and some people even shouted that the Chinese Empire would follow the British example and implement the gold standard monetary system.

However, after many preparations in the early stage, the Central Bank of the Chinese Empire announced the establishment of the China Imperial Gold Company at the branch of the Imperial Central Bank in Shanghai, which will have under the jurisdiction of the world's largest mint and gold trading center, directly engaged in gold refining, sales and gold coin exchange for the sacred coins of the Chinese Empire. The first gold trading market in the Chinese Empire, the Shanghai Gold Market, was officially established!

At the same time, the Imperial Court promulgated a bill on the free circulation of gold, declaring that it could be freely minted, freely exchanged, and freely circulated within the territory of the Chinese Empire.

Unlike the world's largest and most important London gold market. The London gold market is still in its infancy since the beginning of the 19th century, and the spot trading of gold is practiced, but almost every half a month or even once a month, after all, transportation and communication were not convenient when there was no telegraph. Today's Shanghai gold market not only implements the free trading of gold spot, but also implements the futures trading of gold in the next three months, and the gold spot trading of Shanghai gold market is not only physical gold trading, but also clearly stipulates that the leverage can be increased proportionally, respectively, in the form of 1:2, 1:5, 1:10 trading reserves for spot trading.

In addition, unlike the London gold market, before the quotation of the Shanghai gold market is formally determined, the Imperial Central Bank determines a gold price range as a reference in advance according to the price of the previous trading day, consciously standardizes the price, and grasps the statistical analysis of gold trading positions and trading volume, so as to achieve the purpose of gradually controlling the price of gold. Moreover, unlike London, the Shanghai gold market has five well-known large companies with five backbones: Samuel de Montagu, Moccaser Gusmith, Sharpbisley, Rothschild & Sons, and John Marseille, and even selected Rothschild & Sons as the agent of the Bank of England in the London gold market. The Shanghai Gold Market encourages all non-governmental and other official institutions to set up gold trading companies to enter the market, but the most fundamental thing is the gold trading center itself, which is funded and managed by the central bank of the Chinese Empire, and behind it stands the Ministry of Finance and Taxation and the State Treasury of the Chinese Empire, which has the largest economy and gold reserves, and has the ability and confidence to absolutely control the entire gold market.

As soon as the Shanghai gold market opened, it showed an unstoppable growth rate and huge influence. Although the British government was very hostile and ordered to ban the five major gold trading companies and British capital from entering the Shanghai gold market, it still could not stop the European and British capitalists from making a fortune.

Not only did the capital of the Chinese Empire settle in the Shanghai gold market, but also American federal bankers from Boston and New York, financial giants from the Confederate States of America from Washington and Richmond, financial businessmen from Mexico City, Honduras, Havana and other Central and South Americans, and bankers and industrial capitalists from European countries sent representatives and agents to the Shanghai gold market to participate in gold trading.

In fact, this is a huge stock market in the world with gold as the carrier. Because of the base chassis of the official gold reserves of the Chinese treasury and the amount of private gold, coupled with not only the leverage method of spot speculation, but also the new form of futures, it immediately attracted the interest of speculative investors around the world and ignited their enthusiasm for making a fortune.

The trading volume of Shanghai's gold market quickly changed from four or five million saint dollars a day to two or three hundred million saint dollars, and after more than two months, it reached the scale of four or fifty million three hundred thousand dollars.

To this end, the Shanghai local government set aside a kilometer of land in length and width around the Shanghai gold trading market to establish the Shanghai Financial City, and all the four major state-owned commercial banks and major trading companies of the Chinese Empire moved in.

European countries, even banks such as Barclays in the United Kingdom, have set up offices here to seize the opportunity to make a fortune.

The Shanghai gold market, which has an influence, has become more active in trading, with the daily gold trading volume jumping from 50 million Shengyuan to the scale of hundreds of millions of Shengyuan, and continues to expand.

Based on the Shanghai Gold Trading Center, the surrounding Shanghai Financial City has formed spot futures trading of cement, steel, copper, rubber, cables, porcelain, tea, silk and other bulk commodities, with a total transaction scale of hundreds of millions of sacred dollars. Originally the world's largest gold trading market, the trading volume of the London gold market gradually shrank, despite the continuous efforts of the London gold market, but to no avail, after all, today's Britain is no longer the former British Empire, today's Chinese Empire is the world's largest economy, the most powerful, become the center of the world.

However, just when everyone's eyes were drawn to the two nascent affairs of the Shanghai Gold Market and the Shanghai Financial City, through the gold trading in the past six months, the gold trading volume of tens of millions of Shengyuan per day, the Central Bank of the Chinese Empire and the Erma Company, the two official and private giants, opened their mouths and slowly but hugely absorbed the world's gold spot and futures like a whale swallowing seawater. And, because of the proper operation, the world gold price did not rise sharply, but slowly rose, and, each time it rose to a certain extent, because the difference in gold prices led to a low business in the London gold trading market, in order to alleviate this crisis, the British Treasury and the private sector self-righteously released part of the gold spot to calm the fluctuations in the gold market or short-sighted small and medium-sized retail investors sold their gold arbitrage profits.

Eight months later, the gold reserves of the Chinese Empire and Britain had been reversed. Britain's more than 2,000 tonnes of gold reserves turned into only about 1,200 tonnes, while the Chinese Empire's 1,320 tonnes became 2,120 tonnes, not counting the nearly 500 tonnes of gold hoarded by the private joint venture company Erma.

The Imperial Court of the Chinese Empire did not expect that the empire's gold reserves would reach this level in a short period of time. And everything was ready, the silver inside the empire had been reduced to a relatively low level, and the gold reserves were high. Immediately, the financial war that accompanied the trade officially began.

The Imperial Court of the Chinese Empire officially announced that the Chinese Empire officially implemented the monetary system of the gold standard, abolished the physical circulation of silver, and encouraged the free circulation of physical money of gold and holy coins. Suddenly, the world price of gold rose in response, while the price of silver fell sharply. Not only did the financial businessmen and speculative investment giants in the Shanghai gold market rush gold and sell silver, but also the London gold market and the financial trading markets in New York, Berlin, Mexico, Vienna and other places. Among them, the Shanghai gold market, which has the largest gold trading volume, dominates the world gold market because it occupies the decisive advantage of spot gold and futures gold volume of the empire's gold reserves and production, and the imperial central bank, Erma Company, Nanyang Company, etc. manipulate the world gold price and trading direction.

The price of gold in Shanghai soared from about S$0.60 per gram to around S$0.85 per gram, and then continued to soar to close to S$0.90. At the same time, due to the soaring prices, the gold markets of the Western world, such as London and New York, ushered in a frenzied run frenzy.

In addition to small and medium-sized gold merchants, there are countless individual merchants and companies who have come to the London gold exchange market to ask for the exchange of pounds for physical gold. After all, the gold price of Shanghai Gold Market, the largest gold trading market in the Oriental world, has risen by 1.5 times, and if you add 5 times the leverage, it is 7.5 times the floating profit, deducting the principal and handling fees, at least 6 times the net profit, which undoubtedly makes everyone fall into madness.

At this moment, with the disclosure of newspapers such as the Nanyang Daily and the Imperial Financial Morning Post of the Chinese Empire, the news that the gold reserves in the London gold market have dropped sharply to less than 1,000 tons has been reported, and people are even more anxious.

At this point, the London gold market began to collapse. Because the pound corresponds to 7.32 grams of gold, the total number of pounds issued by the whole United Kingdom is about 798 million pounds, according to the margin rate of 30 percent, the original British treasury needs to store more than 2,100 tons of gold, but now there are only 1,200 tons, and the British economy and gold production are seriously reduced, much less than before, therefore, in order to maintain the true value of the pound, the British treasury margin can only be reduced to 20 percent. And, even then, the pound could not sustain 7.32 grams.

Which bank capitalist was a fool in these years, so a more violent exchange began. Throughout Britain and Europe, especially in the Bank of England in London, thousands of capitalists, businessmen, and middle-class people came to the banks to exchange pounds and directly exchange gold, and all British banks began a run frenzy.

The British government ordered the closure of the London gold market and organized the Royal Bank of England to buy back gold on a large scale, but at this moment the world's gold market has been controlled by the Shanghai gold market in the east.

As a result, the pound inevitably depreciated, under the frenzied selling run, the gold coin pound because it contained 7.32 grams of pure gold, without the slightest depreciation, while the paper pound could no longer reach the face value of 7.32 grams of pure gold of a pound, and directly depreciated to a third into 4.88 grams of pure gold, and then continued to go down, until 4.5 grams of pure gold to stop the momentum.

But even so, countries around the world can no longer believe in the pound, and even countries that hold the pound in their hands have begun to sell. As a result, the pound continued to depreciate, and even powerful members of parliament used their power to exchange their pound notes for gold privately. The credit of the pound, which has lost the support of the economy and gold, has plummeted.

At the same time, countries discovered that the Holy Coin had begun to increase in value due to the massive economic growth of the Chinese Empire and the massive increase in gold reserves. The original price per gram of gold rose to a ratio of 0.9 grams, that is, each gram was only worth 1.11 grams of gold, but it began to rise at this moment, not only exceeding the original price of 1.67 grams of gold per gram, but also reaching the point of 1.98 grams of saints per gram in one fell swoop. In other words, one pound was originally exchanged for 4.4 holy dollars, but now it can only be exchanged for 2.27 holy dollars, which is almost double the value of the pound sterling.

However, because of this financial war, the holy currency became the world's first credit currency in one fell swoop, and became a hard currency in all countries in the world, and with the further development of the Chinese Empire's economy and the increasing gold reserves, the holy currency became stronger and stronger, and the trade settlement of various countries began to use the holy currency. Of course, this is also a helpless thing, in the world's many trades, the vast majority of them are dealing with the Chinese Empire, in addition to gold, only the holy currency can make other countries believe, and most countries in the world have also begun to reserve the holy currency in addition to gold.

The world continues to develop like this, and although the Chinese Empire has become the most powerful country in the world, it seems that the world will never be at peace.

Because of the decline of England, and the many proletarian workers' riots in Prussia, and the fact that many proletarian workers in Europe broke away from these countries and rushed to the republics of the Franco-Patriotic People's Commune, which they considered to be hot land, the manpower and property of the whole of Europe were concentrated in the Franco-Irish Republic, and the strength of the Franco-Patriotic People's Commune increased rapidly, and began to rise rapidly in Europe, and began to expand in all directions under the banner and goal of liberating all mankind.

But no matter what, this world is destined to deviate from its original track, under the leadership of Feng Yunshan, the Chinese Empire has become the overlord of this world, and the people within its borders have also begun to improve their peaceful life.

...........

In the midst of the glow, Feng Yunshan started his weekly court meeting again. Feng Yunshan knew that he still had a lot to do, and this world was destined not to be peaceful forever.

Sure enough, Li Hongzhang, who had become the prime minister of the cabinet, reported three news to him, first, the old king of the Sikh Kingdom suddenly died, and a rebellion broke out in its territory, rebelling against the Chinese Empire, and it was necessary to send troops to quell the rebellion;

The other is the original ally brother Ireland, which is now the Franco-Irish People's Commune Republic, openly tore up the previous agreements between France, Ireland and the Chinese Empire, openly claimed that the Chinese Empire was the hegemonic country in the world, called on all countries in the world to unite against the Chinese Empire, and the cabinet requested the subversion of the Franco-Irish Spanish Republic;

The last news is that four-wheeled vehicles based on internal combustion engines have begun production, and a four-wheeled off-road gasoline car with the license plate of Emperor A00001 has been delivered to the palace......

(End of book!) ）