Chapter 786 Fake Gold
Yahuang TV's global live broadcast marks the official launch of Yang Xing's revenge plan, from making every effort to build a protective cover to taking the initiative now, using media influence as a mouthpiece to promote his own views. On the day Yahuang TV's global premiere, a new economic news channel, Fortune Channel, also appeared on screens of thousands of households around the world as the main column of Yahuang News. In order to increase its popularity, before the column started broadcast, in addition to the advertising department of Xingguang Entertainment, social platforms such as StarDong also took turns to recommend the program to middle-class youth groups in many countries using "viral marketing".
This channel focuses on high-end economic topics, and its target audience directly points to business elites and young groups. Yang Xing believes that one of the major characteristics of young people this year is that they pay attention to personality, do not blindly follow authority, and have their own opinions on everything. In this era of information explosion, they can get several times the amount of information that they are of their parents, and it is a common problem to find the root cause and question everything. Therefore, he used this channel to propose many theories that are not accepted by the mainstream economic academic circle, which undoubtedly gained the support and resonance of many audiences.
On the day of the launch of Fortune Channel, as a highlight, a "famous economist" Yang Xing and "doomsday professor" Roubini were invited, as well as American economist Paul Krugman, who became famous for accurately predicting the Asian financial crisis. These people are recognized as being pointing fingers at the current world economic situation, claiming that this is actually an illusion. In fact, everyone is standing on the ice that is about to collapse, and undercurrents are surging under their feet. In the end, it is very likely to set off a famous "crow mouth" that swallows up the world's economic tsunami.
Of course, these people would not sing praises when they got together. As expected, they took turns to sing the prospects of the world economy. However, this time they not only put forward many new ideas, but also brought evidence. After the conversation started, they also adopted a model that allowed global audiences to ask questions and took turns to answer, which of course attracted more attention. After the show was broadcast, it quickly spread in Western society, especially among young people, and had a great impact on the economic policies of various countries.
In particular, several key issues are directly pointing to the core, which makes heads of state and economists have to pay attention to it. For example, one of them is asking whether there is a bubble in the United States' booming real estate industry? If the bubble bursts, will the impact of housing mortgages cause a chain reaction and lead to a crisis in the world financial system? Are there large-scale debt crises in EU countries?
In fact, everyone asked these questions in the past life after the crisis broke out, but no one could answer correctly before the crisis. No wonder the Queen of England asked in confusion when visiting London Financial Street: "You have so many excellent minds. Didn't anyone think about these questions in advance before such a big crisis?" This question really made the bosses of financial institutions around them with annual salary of tens of millions or hundreds of millions of dollars on their faces, but unfortunately, no one found these problems. Even if a few found something wrong, they pretended to be ignorant, because everyone was controlled by the same emotion. That is - greed!
Of course, Yang Xing's revenge is not just about destroying the enemy from the top, but even the forces behind them have to be uprooted. But the other party is an old Western consortium after all, and its strength is unimaginable. Yang Xing's fight alone is not enough to lose all his wealth. Just like he threatens Richards Mellon, if anyone has money in this kind of thing, he will definitely lose in the end.
If he followed the normal thinking, he should endure it and slowly planned it. But Yang Xing couldn't wait. Everyone came to the door. This time he escaped by luck. He still had such luck next time. So he once again took out his greatest capital, used his rebirth memory to try his best to advance the economic crisis that should sweep the entire Western world in a few years. And it would be better to detonate all the disasters in a concentrated manner, which would greatly damage all Western consortiums. When he takes action, it will naturally happen!
Of course, he could not share this crazy idea with too many people, so even Wen Rengui was kept in the dark. Whether Yang Xing asked Xingfu to invest in the sale of assets and shares, privatize its listed companies, and proactively purchase gold bricks and launch satellites, they were actually based on his plan, that is, to build his own defense system first. He always believed that before stabbing the sharp-sharp sword at the enemy, he must add a thick shield to himself.
After preparing fortifications, he challenged the three major credit assessment firms that are the cornerstone of the Western financial system and the referees, and exposed the dark side of many "Ponzi schemes" on Wall Street and shakes Wall Street's integrity system. This is just an appetizer before the attack. Now he is using public opinion to question the entire world economic system. This is his first move to formally revenge.
In this discussion, Yang Xing first extended the point from Madoff Investment Company's long-term deception of customers and playing with "Ponzi schemes", but the regulatory authorities have not discovered this for a long time. He believed that the "mixed business" model of the US financial industry has shown considerable loopholes, and the supervision of the regulators is like a joke. This time, Madoff has been exposed, losing nearly 100 billion US dollars. So how many problems have not been discovered, and is the amount involved greater?
Roubini and Krugman, who had been hinted by Yang Xing before, cooperated very well and continued to explain their opinions according to Yang Xing's ideas. Roubini is a typical market bearer. Unlike ordinary market bearers who can predict economic crises, he is a guy who has been indifferent to the market for decades, so he was ridiculed for being the end of the world as soon as he spoke, so he was named "Professor of Doomsday".
Not long ago, Fortune magazine published his view that American real estate is forming a huge bubble. Once the bubble bursts, it will subvert the entire American economy. Roubini was nicknamed "The Prophet of the Bad Things". These nicknames are obviously not praise. During the economic boom in the United States, no one believed that he was in the opposite tune. Even when the authoritative economic expert of the IMF of the International Fund commented on Roubini's analysis, he bluntly criticized Roubini's theory for lack of mathematical model support.
However, he brought a more sensational news on this conversation. He believed that there were huge loopholes in the current gold transactions and that many gold might be fake! The evidence he presented showed that the World Gold Antitrust Committee was short for GATA, an institution sponsored by gold traders and investors, exposed the matter a few years ago. The committee accused the Federal Reserve of colluding with central banks in other countries and large investment banks engaged in gold trading in the United States, and together with the International Monetary Fund IMF, Imf), and other "gold cartels" to conspire to manipulate gold prices around the world for decades.
A batch of GATA files illegally detained by the Federal Reserve show that in April 1997, at the meeting of the heads of ten Western countries (G-10), Western central banks jointly suppressed the price of gold, causing a long-term sluggish international gold prices. Major central banks took the opportunity to absorb gold on the market to fill the deficit in gold reserves. They only have one purpose, that is, because there is a problem with the amount of gold that these countries regard as the foundation of reserves, and they will either be secretly sold in the market to make up for the fiscal deficit, or they will be replaced with fake gold!
This news is amazing, which means that it has shaken the foundation of the international gold market that has reached trillions of dollars. Due to the unique monetary attributes of gold, although the US dollar and gold are no longer directly linked after the collapse of the Bretton Woods system, central banks of various countries still regard gold as their main foreign exchange reserves to repay debts and coordinate the balance of international trade. Therefore, central banks of various countries are the biggest buyers of the gold market. Most of the gold in the world is preserved in the vaults of central banks and is subject to supervision by a special London-based agency, the London Gold and Silver Market Association. Now Roubini's words will undoubtedly have a great impact on the entire Western monetary system.
In order to prove that he was not talking nonsense, Roubini also provided an exclusive material from WikiLeaks website in addition to Gata's accusations. WikiLeaks, a website that specifically exposes the government's **, undoubtedly created the number one topic in 2005. Not long after Yang Xing woke up, the website released a batch of violent information, which made Western countries frivolous and hated the founder of the website Assange to the core. The US government even issued an international wanted order, vowing to arrest him.
Because Assange made a secret report about the US military opening black prisons in Afghanistan and Iraq, taking human lives aside, and letting soldiers open fire and killing a large number of innocent civilians at will. The top leaders were extremely pessimistic about the prospect of winning these two wars, and the puppet government supported by the puppet government was made public due to corruption and local people's frictions. In particular, the Afghan international troops, Chinese, British and French and other troops spent money to buy safety in order to reduce casualties, resulting in the resurgence of drug cultivation in Afghanistan, and the "Golden Crescent" area with Afghanistan as the core became an international drug production place, which made NATO countries that clamored to spread the glory of freedom to the two countries before the war.
This shocking news is even more shocking than the US "echelon" global monitoring system exposed when WikiLeaks was first established. The anti-war waves around the world suddenly surging, making many leaders of the warring countries in danger, and also made WikiLeaks completely famous. WikiLeaks took advantage of the situation to pursue it, and after the political scandal, it revealed another secret about international finance.
The news about fake gold is WikiLeaks' first publication. In the mid-1990s, the Bank of Japan sent someone to the underground vault of the Federal Reserve in New York to check where the gold exists, and accidentally found that many of the gold had problems. Because this time, it was drilled to sample the gold bricks with drilling holes instead of the traditional method of scraping the surface materials of gold bricks, officials of the Bank of Japan realized that some gold bricks were tungsten inside, and a layer of pure gold wrapped on the outside was the most real fake gold brick. To be continued. If you like this work, you are welcome to vote for recommendations, monthly votes, and your support is my greatest motivation.)
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