The transportation of gold is not complicated, but the entry and exit procedures are a bit cumbersome. After all, it is a metal with monetary properties. Cross-border transactions will consider currency issues. Fortunately, Lena has a background in gold mining. Under the leadership of Kipling, customs declaration and payment

Various procedures such as taxes and insurance were relatively smooth.

In a few days, the gold from Polar Mining will be transported to the commercial vault of the Wudu Gold Market Association (LBMA).

This vault is hidden deep underground in the Fog City and usually stores thousands of tons of gold.

After the gold is transported to the vault, the vault will issue a certificate after verification.

Lennar Company submits the certificates to the exchange, and the exchange handles the delivery procedures, and the corresponding certificates are transferred to the buyer.

The buyer can take this certificate to the vault to withdraw the corresponding gold, or continue to sell it in the market.

This is spot trading in futures trading.

In fact, the gold futures market is a big casino, and both parties to the transaction are playing with chips, not spot goods.

Just move the keyboard and play with the numbers to know whether your account is more or less. This is the ideal way to gamble.

No one wants to speculate in futures for a while and then have to go to the foggy city to withdraw gold.

However, in recent times, it seems that lbma's vaults have been busier due to the rise in gold prices.

Overall, there is more storage and less storage.

The gold stored in the warehouse comes from various countries, among which Lena handles. The 20 tons of gold from Mao Xiong is only a slightly larger one.

In addition, there are more than a dozen new metal trading companies that are going through the warehousing procedures. Since the single transaction volume is not large, they have not attracted the attention of the treasury authorities.

The price increase of gold during this period was affected by many factors.

First, the developed countries mentioned earlier have changed their ways.

The second is the demand for gold in the Millennium series of activities. After all, it has crossed the century. If you want to give some gifts to your relatives and lovers, what should you give? Gold.

Third, Mao Xiong is teaching his younger brother a lesson, and the fight is booming. "Antiques in prosperous times are gold in troubled times." It is still necessary to buy some gold and hide it.

The fourth is the game between the long side and the short side.

Therefore, the price of gold has risen along with the trend.

It is normal to store gold at this time.

Gold prices fell in the first half of the year, and many gold mining companies such as Polar Mining were short selling.

After the 15-nation joint statement, gold prices soared 35%, causing many gold producers to suffer book losses.

The gold exchange then required manufacturers to increase margins, and recently also put forward a requirement for "hedge book" and "marked to market", which means that the manufacturer's hedging account should be settled at market prices on a daily basis.

The manufacturer has insufficient currency on its books and cannot afford to pay the margin, so it has to deliver spot goods, so it can only rush to extract the gold and transport it to the vault.

Those who are not manufacturers, do not have cash, and follow the trend of short selling, if they do not cut off the profits, close positions, and stop losses in time, their positions will be liquidated and the margin will be lost to many parties.

At this time, bulls are of course hoarding gold in large quantities, pushing up gold prices and squeezing the forward positions of gold mining companies.

The futures market is a zero-sum game. Under strict competition, one party's gain must mean the other party's loss.

Each party must base its own happiness on the pain of the other party, so both parties will do their best to "benefit themselves at the expense of others."

...

The New Year is approaching, but Chen Jianing, who has just returned to Dongzhu from Yanjing, feels uneasy.

Because Chen Lidong also wanted to come to Dongzhu, Chen Lidong said on the phone that he wanted to come to Dongzhu to do gold trading.

Since 1974, Wudu Gold Exchange has joined forces with several major gold merchants to set up branches in Dongzhu and established the Wudu Gold Trading Market in Dongzhu.

Dongzhu's geographical location is very advantageous, connecting Asia, Europe and the United States, forming a complete global gold market.

In fact, this geographical location is also related to the time zone where Dongzhu is located.

This global gold market, based on the gold price in Fog City, kicks off with the morning pricing at 10:30 am every day, and then the Gotham City of Sam Country starts trading; when Fog City starts pricing in the afternoon, Gotham City’s trading

Still continuing, Dongzhu started to join in again.

In this global transaction, the late market price in Fog City will affect the morning market price in Gotham, the late market price in Gotham will affect the opening price of Dongzhu, and the late market price in Dongzhu and the closing price in Gotham will affect the third day.

The opening price of Fog City for the next two days continued in this cycle.

In theory, the trading of Wudu gold is also a spot market. The gold is settled in Wudu and settled in US dollars in Dongzhu two trading days after the transaction.

The underground vaults of Wudu store thousands of tons of gold, worth tens of trillions of dollars. Therefore, Wudu Gold Exchange will tell you: No consortium or institution can artificially control such a huge market. There are no bookmakers in the gold market, and the price of gold

The fluctuation depends entirely on the spontaneous adjustment of market supply and demand.

...

In fact, Chen Lidong can complete gold transactions while sitting at home and making phone calls.

This time I came to Dongzhu, on the one hand, I was inspecting the gold market in Dongzhu, and on the other hand, I also wanted to relax.

Sun Jie couldn't come with her this time. Her grandma came to Sunji Town and she needed her to be with her.

Sun Jie's grandma suffers from asthma. After winter, she will come to Sunji Town and live with her daughter. As a granddaughter, Sun Jie is required to accompany the old lady every day.

The old lady likes to be lively and nosy, so she often arranges things for Sun Jie.

For example: "The engineering team led by your uncle has not made any money this year. He wants to contract a section of the highway. You can talk to my uncle..."

Generally speaking, Sun Jie can take charge of small matters and pick up the phone to make arrangements, but Sun Jie rarely interferes in matters involving business management.

When grandma talked about building highways, no one, including Chen Lidong, would interfere.

The Jingji Expressway under construction has high standards and huge investment. One kilometer costs 40 million. Donghua was able to obtain a section of it because of its strength and reputation. But is this something that an uncle who has been a migrant worker for more than ten years can do?

But on the surface, she couldn't refute her grandma's face, so she could only say: "Okay, let me ask for you."

Then, Chen Lidong was sent out by Sun Jie.

Because it seems unreasonable not to go on a business trip and not see my grandma. If I did meet, if the old man asked me about building a highway, would my grandson-in-law agree or not?

...

Chen Lidong has long wanted to come to Dongzhu.

The chartered flight flew to Dongzhu International Airport, and Chen Jianing personally picked him up and took him to Shangri-La.

Sun Xuesong is waiting at the hotel.

That's right, he hasn't been back since he came out on May Day.

It has been half a year since he joined this start-up new energy technology company under Chen Jianing's introduction.

The founder of this company, Liang Hongjian, works for another technology company in Dongzhu, which mainly produces computer hard disks and optical drive read and write heads. The controlling shareholder of this company is Sun Country's tdk Group.

tdk started by making magnetic tapes, and now its main business is making magnetic heads. It has set up factories in Sam, Taiyang, Luzon, Luda, Qindao and Dongzhu in China. Its products monopolize 70% of the global market, with an annual output value of more than 70

billion. The output value of this factory in Dongzhu alone exceeds 1 billion.

Just this year, the technology company lost five Chinese executives.

...

As early as a few years ago, Liang Hongjian noticed that with the popularity of mobile phones, bp players, MP3 and other electronic products, traditional batteries were undergoing great changes.

The new dry cell battery can not only make traditional mobile phones and electronic devices lighter, but also can be quickly replaced and charged. It will trigger a revolution in the battery industry and is bound to be a huge business opportunity.

On the recommendation of his old comrade Chen Tanghua, Liang Hongjian found Ning Yubai, the factory's technical director from mainland China, to conduct a market survey and then submitted the transformation report to tdk.

However, this plan was strongly opposed by his superiors, which made Liang Hongjian very depressed.

Seeing that the great business opportunity was given up, Liang Hongjian was unwilling to give up, and came up with the idea of ​​​​starting his own business in batteries. He persuaded his old comrade Chen Tanghua at the tdk headquarters to come back, and invited the technical director Ning Yubo to join him. Two Chinese technicians also resigned.

backbone.

The company established by a few people is Dongzhu New Energy Technology Company, referred to as "Dongxinke".

Chen Lidong had never heard of this company in later generations, but he was familiar with the three words Ning Yubo, the king of lithium batteries.

So I sent my brother-in-law over.

When Sun Xuesong came here, he only inspected technology and investment, and came with orders.

What order? The first is MP3 batteries, and the second is electric bicycle batteries.

Donghua Electronics ships 10 million MP3 players every year. If this order is given to Donghua Electronics, it will have to support itself. Moreover, there are also power batteries for 30,000 electric bicycles as temptations. The combined output value of the two exceeds 150 million yuan.

Therefore, Sun Xuesong was regarded as a favorite by several entrepreneurs of Dongxinke.

Unexpectedly, Sun Xuesong told Chen Lidong a few days later that he would help Dongxinke with research and development.

Chen Lidong is a little funny. I heard from Sun Xuesong that there are 5 doctors in Dongxin Branch, who are among the few elites in this industry, and more than a dozen employees are also highly educated with master's degrees or above.

When Sun Xuesong joined the entrepreneurial team, he was like a sparrow entering the phoenix's nest, helping others with scientific research and making arrogant remarks.

But I didn't expect that this brother-in-law stayed with me for more than half a year and got along very well with him.

What he didn't expect was that Sun Xuesong had quite good knowledge of circuits and electronics, especially his very strong hands-on ability.

Several doctors from Dongxinke focused on technical research, while Sun Xuesong helped them conduct experimental operations.

In particular, the entrepreneurial capital of a few people was less than 3 million U.S. dollars, less than half of which was used to purchase patents, and the remaining funds were already very tight.

After Sun Xuesong arrived, he quickly put in place the required testing equipment, instruments, and consumables, rented several laboratories and several thousand square meters of testing workshops, and purchased the required instruments and equipment.
To be continued...