NOVEL NEXT Chapter 60 It's so easy to make money (Please bookmark, please recommend~)
Chu Huan thought for a while at the hotel, and decided to go to Express to supervise the matter in person.
All of my wealth is in it, and there is no room for carelessness.
The G10 summit this time is actually a contest between North America and Europe plus Japan.
In 1944, 44 countries including Britain, the United States, France and the Soviet Union signed a global financial agreement in the town of Bretton Woods in North America.
It stipulates that the U.S. dollar is fixedly linked to gold and freely convertible. Gold is 35 U.S. dollars per ounce, and British pounds and French francs are fixedly pegged to the U.S. dollar. To obtain gold, other countries need to convert their own currencies into U.S. dollars before they can get gold. .
At the same time, the U.S. dollar is the legal currency of the International Monetary Fund, the global central bank after World War II. North America issued U.S. dollar loans to countries such as Britain, France, Germany, and Japan through the IMF. economy.
Finally, the officially designated currency for postwar global trade settlements is the U.S. dollar.
The provisions of these three contents are actually equivalent to the establishment of a global financial hegemony system with the US dollar as the absolute core!
This agreement is also known as the Bretton Woods system.
The Bretton Woods system was once called the most stable financial system in history by financial experts around the world.
However, with the continuous increase of North America's external debt and the depreciation of the British pound and a series of reasons, this system has become a huge burden in North America.
In addition, in 1960 and 1968, international financial speculators shorted the U.S. dollar twice, which made things worse.
In the end, the North American high-level officials decided to abolish the Bretton Woods system, but this process cannot be decided by the North American family. He also needs to discuss with other countries that signed the agreement.
Although North America has decided to be an old hooligan, there must be a process.
In fact, at this time, the price of gold has already had problems. The official price is US$35 per ounce of gold, but on the black market, the price of gold has been fired up to US$42.
But Chu Huan didn't want to go to the black market, because there were too many uncertainties in it.
So Chu Huan still decided to go the official way, which could at least guarantee Chu Huan's own income.
At this year's G10 summit, the Federal Republic of Germany was North America's first ally, while France was North America's second goal.
At the beginning of this year, North America experienced its first trade deficit in history, which blocked the only channel for North America to repay its national debt. It is not only the international financial speculators who are going to squeeze a handful of North American wool.
The same is true of other countries.
France is the first to bear the brunt. They bought and hoarded a large amount of gold.
Just at this time, North America announced that after the suspension of gold trading and the 10% import surtax, the situation of the US dollar seems to have stabilized again.
Then the gold hoarded by France is naturally useless.
So at this time, after North America settled the Federal Republic of Germany, it set its target on France.
Is it done?
After Chu Huan came to American Express, he found Kelly directly.
Kelly was slightly surprised when she saw Chu Huan's arrival. She didn't expect Chu Huan to come here in person, which also showed that Chu Huan was urgent about this matter.
A Huan, I still think this matter is a bit too risky. North America just announced the suspension of dollar exchange, not a permanent stop, and the people in the Federal Reserve will not allow the government to do this, because the result of doing so will directly lead to Dollar loses global hegemony
After a night of in-depth exchanges, Kelly was very considerate of Chu Huan.
This is actually the thinking of most financial speculators. They don't think that North America will see the dollar lose its global financial hegemony.
Chu Huan did not explain to Kelly that after the North American government announced the decoupling of gold, it would immediately find a substitute - oil!
It will also continue to maintain the dominance of the US dollar in the world.
This kind of thing is not clear.
It's okay, I'm still young, if I lose this time, I'll find another chance next time, but if I win this time, I'll really make a lot of money!
Now that's all Chu Huan can say.
Seeing what Chu Huan said, Kelly knew that there was no way to persuade Chu Huan, so she could only say helplessly: Okay! Don't worry, the deal was completed before you came!
Chu Huan finally breathed a sigh of relief, and said with a smile, Then I can rest assured.
Don't worry, I should worry!
Linda walked over with a look of resentment on her face, but her body shape was really beyond a trace of beauty.
Haha, it seems that I can only treat guests tonight, and thank Miss Linda! Chu Huan said in a good mood.
Linda said noncommittally: Do you know what kind of situation you will face if your transaction fails this time?
Chu Huan nodded and smiled, Kelly reminded me just now, but I can bear the consequences.
Okay, since you've already made your own plans, we won't say anything. Linda said to the point.
In the evening, Chu Huan still found a nice-looking restaurant in Manhattan and invited Linda and Kelly to a banquet. The three of them had a good chat at the dinner table.
Kelly looked at Linda curiously. Although Chu Huan had already explained how she managed to deal with Linda before, it was still very frustrating to see the famous fat devil in the company showing concern for Chu Huan. Confuse.
However, Kelly still kept her doubts in her heart, and wanted to learn more secrets about getting along with others from Chu Huan.
As for the relationship between Chu Huan and Kelly at this time, Linda also saw it, but she didn't have any ideas. Young people in North America have always taken this kind of thing very openly. It's fierce, and it's not uncommon for two young people who just met to be able to have sex.
After the restaurant was over, Chu Huan and Kelly returned to the Waldorf Astoria Hotel, and Linda drove back to her home by herself.
When it was late at night, Kelly, who had gone through a big fight, had already fallen into a deep sleep.
But Chu Huan didn't. Instead, he turned on the TV and continued to follow the international news.
There is a six-hour time difference between Rome and New York. After a while, it will be dawn and it will be working time there. At this time, the French representative should have completed a secret deal with North America.
After the two thorns of the Federal Republic of Germany and France are dealt with, the EU alliance is basically conquered by North America.
Sure enough, when the time came to three o'clock in the morning, the international news channel suddenly released an urgent news.
The North American representative and the French representative have negotiated, and the official purchase price of global gold has increased by 8.5%, from $35 to $38 per ounce!
Snapped!
Chu Huan slapped his palms hard, then jumped onto the bed, waking Kelly up.
What happened? Kelly rubbed her eyes and looked at Chu Huan in confusion.
Chu Huan pointed to the TV and said, Look!
Kelly rubbed her eyes and sat up on the bed, talking about the impact of the rise in gold prices.
It really went up? Kelly didn't feel sleepy at all, and looked at Chu Huan next to her in shock. In less than one night, Chu Huan made another $467,500!
When did it become so easy to make money?