I Want To Be a Rich Man on Hong Kong Island

  Chapter 438【Reserve Gold】

  Universal Group made a total profit of 600 million U.S. dollars in the first half of the year. Naturally, these funds can't let it lie in the company's account waiting for depreciation;

  So, in mid-August, Wu Guangyao convened the board of directors of the Global Group and directly announced the half-year dividend plan;

  Using 500 million US dollars for shareholder dividends, Wu Guangyao owns 77% of the shares, so he gets 385 million US dollars;

  Not all of these funds have flowed into the banks on Hong Kong Island, because next, Wu Guangyao needs to buy gold.

  After World War II, major Western countries established the "Bretton Woods System", **** the U.S. dollar to gold. One ounce of gold is equal to 35 U.S. dollars. The currencies of other countries are pegged to the U.S. dollar, and a fixed exchange rate system is implemented;

  The U.S. dollar is equivalent to gold and is at the core of the world monetary system.

  In other words, the current price of gold is fixed, at US$1.23 per gram (US$35 an ounce).

  But Wu Guangyao knows that after more than two years, the price of gold will no longer be fixed, but will begin to appreciate sharply!

The reason is that in the 1960s, the economies of Europe and Japan rose rapidly, and the status of the British pound, franc, yen and other currencies increased in the international arena. At the same time, the United States was mired in the Vietnam War, with huge fiscal deficits, and the deterioration of international income. The credibility of the company has been affected. In this context, the U.S. dollar should depreciate sharply. However, due to the mandatory influence of the "Bretton Woods System", one ounce of gold is still equal to 35 U.S. dollars. This has led to Europe and Japan selling U.S. dollars and buying gold. In order to stabilize the exchange ratio between the U.S. dollar and gold, the United States has continuously dumped gold, which has led to a large outflow of U.S. gold, resulting in a decrease in the treasury of gold.

  Later, the United States was unable to maintain this proportional relationship. In August 1971, US President Nixon announced the abandonment of the "gold standard" system. The US dollar and gold were no longer linked to each other. The price of gold experienced a blowout and the price began to soar.

  By 1980, the price of gold will be $650 per ounce.

  In 10 years, the price of gold will double by 16 times. This return on investment is much higher than the return on real estate investment!

  One ton of gold is only 1.23 million US dollars. Wu Guangyao's dividend this time can buy 300 tons.

  Invest in 370 million US dollars, just wait 12 years to make a profit of 5.5 billion US dollars;

  There is no such a safe, high return investment solution in the world.

  At the beginning of the construction of the Everbright Building, Wu Guangyao had already considered that this was building the bank headquarters;

  So the Everbright Building has a large vault, and the entire underground vault is close to the size of a basketball court;

   is surrounded by hard granite stone and reinforced concrete pouring, and the entire vault is divided into 32 warehouses.

  Wu Guangyao took Rong Bensheng and Lei Hong to the underground vault of Everbright Bank;

  Before entering the vault threshold, you must first receive a special "metal discharge" inspection and "hair dryer" cleaning;

  In this case, let alone carrying metal weapons, even if there is a dangerous dust on the clothes, it will be blown dry by the hair dryer.

  After the gate is opened, you need to go through another tunnel;

  There will be several forks of exactly the same shape every 1 meter away in the tunnel, and you will not be able to reach the vault area if you go to any of the forks wrong;

  Before entering the vault, a round stainless steel gate with a diameter of 2.6 meters needs to be opened;

  The door weighs dozens of tons, and it uses a mechanical unlocking method, so there is no need to borrow electricity.

  After visiting the vault of Everbright Bank, Wu Guangyao called Rong Bensheng and Lei Hong to his office.

   Wu Guangyao said, "I plan to store 100 tons of gold in the vault of China Everbright Bank."

  The two were shocked when they heard the words, the boss is so big!

   Leihong said: "What the boss meant is that our bank uses your deposit to purchase gold bars from Lao Fengxiang Jewelry, and then store them in our vault?"

  Wu Guangyao nodded and said, "Exactly!"

  Rong Bensheng said: "With so much gold, is there a time limit for the boss?"

  Wu Guangyao shook his head and said: “There is no time limit, but it is best to complete it within two years; and it must be operated within the scope that does not affect the normal business of Lao Fengxiang Jewelry. Lao Fengxiang Jewelry can increase gold imports.”

  Lao Fengxiang Jewelry originally has its own gold procurement channels, and the roads are very wide;

  Macao, South Africa, and Southeast Asia all have their own way of purchasing gold. It can be said that purchasing 100 tons of gold in two years is not a big problem.

  As for the remaining two hundred tons of gold, Wu Guangyao intends to go directly to London and Switzerland, entrust large banks to purchase them, and then store them in the vaults of these banks.

  Rong Bensheng and Lei Hong never asked Wu Guangyao why he should reserve gold;

  After all, the price of gold is fixed, and deposits are not as good as lending and depositing!

  However, the two knew that Wu Guangyao’s financial resources were completely unpredictable, and the profits of the Universal Group were even more unimaginable!

  So, the boss may be to preserve value, or to hedge funds!

  Oriental Cinemas, Oriental Films, TVB, the headquarters of the three companies have all moved to Tseung Kwan O.

  Tseung Kwan O is located in the east of Kowloon, far from the urban area;

  With the arrival of Oriental Media Group, the entire Tseung Kwan O Clear Water Bay has become prosperous.

  At the same time, the accommodation, catering, and transportation here have all been completed.

  In Wu Guangyao’s plan, the vicinity of Qingshui Bay will be built by Cheung Kong as a ‘city’ in the future.

  In the conference room of the headquarters of Oriental Pictures, Wu Guangyao personally participated in the project establishment meeting of "Big Brother Tangshan".

  In the conference room, Zou Wenhuai, the executives of Eastern Pictures, the director, Bruce Lee and others were all curious in their hearts. A movie actually shocked the boss. This can only show that the boss is on a whim.

Wu Guangyao said: "The purpose of this "Big Brother Tangshan" project establishment meeting is to convey a signal to everyone; that is, to carry forward Chinese Kungfu and export a kind of "Kung Fu Revolution" to the world. It will be the East. A development direction for the film industry."

  Everyone suddenly realized that it was the boss who wanted to propose a general policy. No wonder he would personally participate in this kind of meeting.

  Next, entered the formal project meeting.

  The original historical "Big Brother Tangshan" is a small investment movie. The shooting time is only more than two months, but it has won more than 3 million Hong Kong dollars at the box office;

  Officially relying on Bruce Lee’s joining, Jiahe Movies will stand out from the besieged by Shaw Brothers movies.

  Zou Wenhuai said: "This time our investment budget is 350,000 Hong Kong dollars. Many people should know that this is the largest investment of Oriental Pictures so far."

  Some people who are familiar with Oriental Pictures nodded one after another;

  The current investment quota for Hong Kong Island Movies is HK$200,000, which is considered a big investment;

  After all, a movie with a box office of millions of dollars is considered a great movie.

  It can be said that if Dongfang Media needs a complete industrial chain and Dongfang Pictures needs to provide star resources, Wu Guangyao will not enter the film industry;

  After all, that little money, Wu Guangyao simply looks down on it!

  It is precisely because making movies can train one's own stars, and Wu Guangyao has also moved some "bad thoughts", so Oriental Pictures still has a bit of status in Wu Guangyao's eyes.

  Bruce Lee listened to the investment budget, and he was a little bit strange in his mind. His salary is more than 50,000 Hong Kong dollars, which actually occupies such a large share of the budget.

  Zou Wenhuai continued: “The shooting time is 3 months, and the whole process was shot in Thailand! Currently there are staff members who are already preparing for it, and it is estimated that the shooting time will be in late September.”

   Wu Guangyao said with a smile: "It seems that it can be dedicated to the people of Hong Kong Island as a'Spring Festival stall'!"

  Zou Wenhuai echoed: "This shows that this movie is lucky and may break Hong Kong Island's box office record again!"

  Zou Wenhuai is full of confidence, so everyone is encouraged!

  At this time, Hong Kong Island’s box office record was held by Shaw Brothers Movies at 1.8 million Hong Kong dollars;

  It can be said that the people of Oriental Pictures want to break this record in their dreams.

  Wu Guangyao asked: "Zhen Fan, your acting skills should be tempered well before you leave Thailand; the company will arrange a special guidance team for you, and you have to study with an open mind!"

  When Bruce Lee heard this, this person told himself, if he is not serious, he really can’t justify it.

  "Don't worry, boss, I will work hard to learn acting!"

  Wu Guangyao did not participate in the rest of the topic, and even left the meeting early. Wu Guangyao also worried that everyone was a little restrained.

  (End of this chapter)