April 21, 1971.

On this day, the London gold market traded a record 659 tonnes, a full 173 tonnes higher than the highest record.

In the secret room, Han Lihong closed the document in his hand, put it down, then closed his eyes, tilted his head back, and gently leaned back on the back of the chair.

In this life, the United States did not experience the Korean War, nor the Vietnam War, and the economic situation of the United States was much better than in the previous life, but the fate of the dollar basically did not change, and the reason for this is because of him.

Specifically, it was he who used drugs to control the fate of the dollar.

Over the past 20 years, the net profits from narcotics have been as high as $8.6 billion, and he has used $5.6 billion of them to buy US gold reserves in various ways.

After removing the necessary expenses, a total of 4,553 tons of gold was obtained.

The vast majority of this gold has not yet been shipped back, but is stored around the world. In doing so, it is to avoid being discovered by the United States to be suspicious.

Now, with the gold he already had and the gold he had purchased from other sources, he had more than 7,685 tons of gold reserves at his disposal.

USD-Dragon-Phoenix Coins, Dragon-Phoenix Coins-USD...... A smile appeared on the corner of Han Lihong's mouth, and it was good to hold the hard currency in his hand.

Now, in China, the status of the dragon and phoenix coin is equivalent to the dollar, but unlike the dollar, the status of the dollar depends on the use of legal means to tie the dollar and gold together, while the dragon and phoenix coin relies purely on credibility.

The credibility of the Dragon and Phoenix Coin depends not only on the old foundation created by the Black God Army, but also on its own step by step over the past 20 years.

For more than 20 years, the purchasing power of thunder and lightning is enough to create the status of dragon and phoenix coins in the minds of the Chinese people, not to mention in the hearts of ordinary people, that is, businessmen, except for those who are particularly superstitious in the West, compared with the US dollar, most businessmen trust dragon and phoenix coins more.

It is because of the credibility of the dragon and phoenix coins that the dragon and phoenix coins have the overflow function of the US dollar, that is, in the actual use process, the dragon and phoenix coins have the ability to exceed their actual value.

Of course, there is a certain amount of excess value for this excess.

Within this limit, everything is fine, but once this limit is exceeded, it will be a catastrophe for the dragon and phoenix coins.

This is the difference between Dragon and Phoenix Coins and the US dollar.

Because of this overflow quota, Han Lihong's blood transfusion for the normal operation of the northern economy has been greatly reduced, and he can be more calmly arranged.

――――

In the White House, Nixon was so anxious that his hair turned black.

A few days ago, the French came to New York on a warship and demanded that the foreign exchange surplus deposited in the New York vaults be taken away in the form of physical gold.

Later, France began to sell off the dollar, and in this wave, European countries demanded that the American government axe exchange the gold of the treasury for their dollar reserves after the trade surplus.

In March 1968, more than 1,100 tons of gold reserves flowed out of the United States in just half a month, and on 14 March alone, the turnover of the London gold market reached a record-breaking figure of 380 tons.

At this point, the United States no longer had the ability to maintain the official price of gold, and after consulting with the members of the gold treasury, it announced that it would no longer supply gold to the market at the official price of $35 per ounce, and the market price of gold floated freely, but the political axes or central banks of various countries still settled at the official price.

Since then, gold has begun the stage of dual price system.

The dual-price system has been maintained for three years, and now it can't hold it anymore, but what should I do if I can't hold it?

The dollar must be the dollar, and if the dollar is not the dollar, then how can the Americans live?

The greatest benefit that the United States gained from the victory of World War II was the establishment of the Bretton Woods system, which was the most fundamental of all.

The core of the Bretton Woods system is based on gold, with the US dollar as the main international reserve currency. The U.S. dollar is pegged directly to gold, and the currencies of various countries are pegged to the U.S. dollar, and can be exchanged for gold at the official rate of $35 an ounce.

From this time on, the US dollar became the benchmark currency of world trade, gaining the same international status as gold during the gold standard.

It is precisely because the US dollar has gained such a special value in the field of world circulation instead of gold that the Americans proudly call the US dollar commonly known as "US dollars."

If the marriage between the dollar and gold is compared to a marriage, then the bride of the dollar became her husband's home when she entered the door, and the position of gold in the circulation field was replaced by the dollar.

The husband took a back seat, and the bride took care of the outfield, and only when the dollar encountered a situation that could not be coped, did she ask the husband of gold to come out to help.

Under the Bretton Woods system, the U.S. dollar can be exchanged for gold and the currencies of various countries can be pegged to the U.S. dollar, which are the two pillars of the monetary system, and the International Monetary Fund is the central institution that maintains the normal operation of the system, which has three major functions: monitoring international exchange rates, providing international credit, and coordinating international monetary relations.

For the United States, the real significance of the establishment of this new international financial system lies in the fact that the value of the dollar has doubled by forcibly tying the dollar to gold by legal means.

It's so beautiful that dollars have turned into dollars!

The dollar is gold, and the dollar can be exchanged for everything.

No one can resist this temptation.

Starting the money printing press can not only get money for nothing, but also exchange green paper for physical goods, but also have extremely important political benefits.

The exchange of green paper for physical goods has caused the world to send everything from all over the world to the United States, and this has inevitably caused the United States to have a huge trade deficit with countries around the world.

The large long-term trade deficit has allowed the dollar to spread around the world, expanding the dollar's influence and making countries more dependent on the United States.

Of course, there is a premise for this, which is to maintain the position of the dollar.

However, there is a paradox in this.

As a result of the long-term trade deficit, the amount of dollars in hand will be insufficient, and the issuance of dollars will increase, which will inevitably affect people's confidence in the dollar and cause a dollar crisis, leading to a shortage of international solvency.

Now, this paradox is approaching the tipping point.

As a result of the round-the-clock deliberations, the opinion of the rogue of the whole world gradually gained the upper hand, and at that moment, the last straw that broke the camel's back came over.

On 19 August 1971, Peddle, the British economic representative, personally visited the US Treasury Department and demanded that the $3 billion he held be converted into gold.

Four days later, on August 23, Nixon signed an order cessating obligations to foreign political axes or central banks to exchange dollars for gold in the United States, as well as the forced closure of the gold window and a total freeze on prices and wages.

After the United States played hooligan on the world, the price of gold soared by 13 percent.

――――

Niang Xipi!

When the news came, Chairman Jiang scolded Niang Xipi.

When the rumor of France driving a warship to New York to pull gold reached China, many people immediately panicked.

Of course, some well-known scholars and economists are adamantly unconvinced, but there are still many more panicked people, and there are far more of them.

Small households can also cross the sea with eight immortals and do everything possible to exchange dollars for gold and dragon and phoenix coins, but what can those large and small chaebols exchange dollars for? What can the political axes of the autonomous provinces exchange for dollars?

I can't change anything, I can only hold on.

Chairman Chiang sent a special envoy to communicate with the US political axe, but after arriving in the United States, until the United States openly played hooliganism, Chairman Chiang's special envoy did not even enter the door of the US Treasury Department.

The stock market is plummeting, and people are panicking.

――――

The General Chamber of Commerce of China, referred to as the General Chamber of Commerce, was established in 1963.

Shang is always an unofficial organization with its headquarters in Yenching.

The Chamber of Commerce was established to make up for the lack of official institutions.

The power of an autonomous province is enormous, and in fact, an autonomous province is equivalent to a state, but after all, the autonomous province is not a state, so the relationship between them is even more complicated.

However, the good thing now is that it is not the barrel of a gun that speaks, it is "Uncle Qian" who speaks now, and "Uncle Qian" speaks well, which means that everything is easy to discuss.

The relationship is complicated, which means that the interests are complicated, and if it is all solved by the official, there is no hope, so the official only deals with the aspects of the principle surname, and the rest, it is out of sight, and everyone slowly runs in private.

Shang Zong came into being for this reason.

Businessmen are the most pragmatic and know how to compromise and profit.

After the news that the United States might play hooliganism, big businesses from all over the country almost ran to Yanjing.

Everyone knows that except for the central political axe dominated by the Black God Army, no one can count on it.

Although it is clear that the central political axe will definitely be powerless in this matter, everyone still can't help but run to Yanjing.

――――

In Yanjing, there is absolutely no limit to enjoyment.

Tianfeng Pavilion is a restaurant, and the biggest feature of this restaurant is not the cuisine, but the environment.

Tianfeng Pavilion is located halfway up the mountainside, and it is carved out of a mountain wall.

The Heavenly Wind Pavilion has a total of nine rooms, each of which is on a flattened boulder.

Eat in Tianfeng Pavilion, halfway up the mountain, sit on the boulder that protrudes or sinks, the pine and beard on the cliff wall, at a glance, the wind is mighty, the white clouds are fluttering, the people in the distance are like ants, fluttering, there is a feeling of feathering and ascending immortals.

On a boulder suspended in mid-air, eight people were eating.

These eight are all business giants. Among them, five are Jiangsu and Zhejiang chaebols.

Today is the Jiangsu-Zhejiang chaebol treat.

A dog has his day.

In the past, the Jiangsu and Zhejiang chaebols believed that relying on the United States and Europe was the right way to make a fortune, and under the rule of the Black God Army and [***], there was no possibility of making a fortune.

But now they find that they are wrong, and they are very wrong.

Today, they invited two guests, one is Zhang Tianyi and the other is Liu Bingcai.

Zhang Tianyi and Liu Bingcai were originally both Jiangsu and Zhejiang chaebols, but they were not very conspicuous in the Jiangsu and Zhejiang chaebols.

Twenty years ago, Zhang Tianyi and Liu Bingcai moved their families to Yanjing, completely giving up their industries in Jiangsu and Zhejiang.

Today, Zhang Tianyi is the king of motorcycles, occupying three points of the world, and Liu Bingcai is even more proficient, producing chemical products, famous at home and abroad, all of them are dead.

Twenty years ago, Zhang Tianyi and Liu Bingcai's combined wealth was less than one-twentieth of the poorest people here, but now, they can be on an equal footing with them.

And this is only temporary.

At this time, what they envy the most is not this, but no matter how things change outside, it doesn't matter what happens to Zhang Tianyi and Liu Bingcai, the Black God Army is all responsible.

In this regard, I didn't feel anything before, but now, that feeling is very different.

Moreover, these people are very sensitive to money, they are more politicians than politicians, and they clearly foresee the risks they may face in the future.

The only solution to avoid this risk is to have a strong central political axe, but ......

This meal was very tangled.

These bits, not only envy Zhang Tianyi and Liu Bingcai, but also very dislike the practices of other aspects of the Black God Army, they have a treat today, one purpose is to see if there is a possibility of having both fish and bear's paws.

Of course, this can only be delusional.

"Brother Zhang, you build motorcycles, what are you doing hoarding oil?" Wang Qianli asked Zhang Tianyi.

Wang Qianli is a petrochemical company, he is familiar with Zhang Tianyi and has known each other for decades.

Zhang Tianyi smiled: "Brother Qianli, Brother Bingcai and I do things differently, but there is one idea that will always be the same." ”

Everyone looked at Zhang Tianyi and Liu Bingcai curiously.

Liu Bingcai also smiled, and he said: "Everyone, Brother Zhang and I have exactly the same thing, that is, listen to the words of the leader. ”

Wang Qianli was the first to react and said, "Black God Army? ”

Zhang Tianyi and Liu Bingcai both nodded, and Zhang Tianyi said: "The leaders encourage capable private enterprises to reserve oil, so we will do it." ”

At this time, Li Depeng, the king of the sugar industry, was taken aback and asked, "Isn't there going to be a war?" ”

"How so?"

Zhang Tianyi and Li Depeng both shook their heads, and the others didn't believe it either.

Speaking of this, these chaebols can't help but think of the improvement of the Black God Army, because of the Black God Army, the military spending of the autonomous provinces has plummeted, and this is equivalent to the fact that in national defense, they spend less and less money day by day.

For them, this is definitely a great benefit of Partition.

Real estate tycoon Jiang Sheng asked: "Brother Bingcai, since you don't fight, why do you reserve so much oil?" How much does it cost? ”

Liu Bingcai said: "Brother Qianli should know that those oil-producing countries have been asking for higher oil prices, but the United States and Europe have not agreed. ”

Wang Qianli's body was shocked, and he asked, "Isn't it the Black God Army that the oil price is going to rise?" ”

Nodding, Zhang Tianyi said, "It should be this reason." ”

Jiang Sheng: "The investment in hoarding oil is too big, and it takes up a lot of funds, and no one knows when it will rise, and even if it rises, how much will it have to rise to make money?" ”

Zhang Tianyi smiled: "That's the problem, so in our place, there aren't many people like me and Brother Bingcai who hoard oil." ”

Everyone shook their heads.

――――

On October 5, 1973, Egyptian troops crossed the Suez Canal, soldiers shouted "Long live Allah" and launched a surprise attack on the Israeli-occupied Sinai Peninsula, and the Fourth Middle East War broke out.

At the beginning of the war, the Egyptian army won a great victory, but after that, they made an extremely serious tactical mistake, they did not take advantage of the victory to pursue, and gave the Israeli army a chance to breathe.

During this period, Israel received a large amount of military aid from the United States, and the situation of the war began to change.

On 20 October, US President Richard Nixon's proposal for a $2.2 billion aid package for Israel was approved by Congress.

The next day, on the 21st, Saudi Arabia took the lead in announcing an oil embargo on the United States and cutting production by 5 percent; Following Saudi Arabia, other Arab oil-producing countries not only corresponded, but even increased, reducing production not by 5 percent, but by 10 percent.

As soon as the news came out, the world collapsed.

――――

There is also a general manager in Shanghai, but it is a branch.

Since half a month ago, as soon as the Middle East began, the Shanghai Chamber of Commerce began to be lively, and it was always overcrowded.

In the VIP reception room on the top floor, more than a dozen of the most famous tycoons in Shanghai, such as Wang Qianli, Jiang Sheng, and Li Depeng, were all present, and gang tycoons such as Du Yuesheng and Huang Jinrong were also present.

These people are gathered here not for nothing, there are huge interests in it, the stock market, futures, these people will make waves when they move their mouths.

The war started so suddenly that these bits had no time to avoid risks, and now they can only wait.

Most of the people in the room were calm, but there were also people who couldn't help but want to be happy.

The person who wants to have fun is Li Depeng, the king of the sugar industry.

Two years ago, after returning from Yanjing, Li Depeng, who had always been cautious, didn't know what the wind was pumping, and he actually invested a huge amount of money to hoard oil.

On the beach, only Li Depeng did this. Therefore, many people want to see Li Depeng's jokes.

Now, the joke is coming, but it's not Li Depeng's, it's theirs, and as soon as the war started, the price of oil rose all the way, from $2.41 on October 5 to $3.01 today.

In half a month, it has risen by 25%!

At this moment, everyone was nervous, and although Li Depeng couldn't help but want to be happy, he was also nervous.

Yesterday, the United States showed its determination to support Israel, and no one knows how the war will develop.

Suddenly, the door opened: %......*&()——)*()*

Everyone was stunned and dotted like ashes.

Li Depeng fainted.

――――

The fighting lasted 20 days, and finally, under the mediation of US Secretary of State Henry Kissinger, Egypt, Syria and Israel reached a cease-fire agreement.

As a result of this battle, Egypt gained some success in the Sinai Peninsula, but Syria lost more land in the Golan Heights.

Overall, it was a victory for the Arab world, at least mentally.

――――

The war ended, but the oil embargo did not.

Two months later, by the end of 1973, the price of oil had risen three or four times to $11.651 per barrel.

The Black God Army became the God of Oil.

No one knows how much oil the Black God Army has hoarded, but the most conservative estimate is also more than a billion barrels.

It is said that the Black God Army built many oil pools out of cement in the desert to store oil, and as soon as they were full, they were covered and hidden under the endless yellow sand.

Billion barrels!

You know, the Black God Army has been hoarding oil for more than 20 years, and the highest oil price at that time was $1.39 71 years ago.

billion barrels multiplied by 11.651...... Oh my God!

(To be continued)