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Chapter 438 [Gold Reserve]

Global Group's overall profit in the first half of the year was US$600 million, so these funds naturally cannot let it lie in the company's account and wait for depreciation;

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

He took out $500 million for shareholder dividends, and Wu Guangyao owned 77.5% of the shares, so he received $387.5 million;

These funds did not all flow into the banks in Hong Kong Island, because Wu Guangyao would need to store gold next.

After World War II, major Western countries established the "Bretton Woods System", linking the US dollar to gold, one ounce of gold equals US$35, and the currencies of other countries are pegged to the US dollar, and implementing a fixed exchange rate system;

The US dollar and gold are equivalent to each other and are at a core position in the world's monetary system.

That is to say, the current price of gold is fixed, at $1.23 per gram ($35 per ounce).

However, Wu Guangyao knew that in more than two years, the price of gold would no longer be fixed and would begin to appreciate significantly!

The reason is: in the 1960s, Europe and Japan's economy rose rapidly, and currencies such as the pound, franc, and yen increased internationally. At the same time, the United States was deeply trapped in the Vietnam War, with a huge fiscal deficit, and the international revenue situation deteriorated, and the credibility of the US dollar was impacted. In this context, the US dollar should have depreciated significantly, but due to the forced influence of the "Bretton Woods System", one ounce of gold was still equal to 35 US dollars, which led to the phenomenon of Europe and Japan selling the US dollar and buying gold. In order to stabilize the exchange ratio between the US dollar and gold, the United States continued to sell gold, resulting in a sharp outflow of US gold and causing the treasury gold to decrease.

Later, the United States was unable to maintain this proportional relationship. In August 1971, US President Nixon announced that he would abandon the "gold standard" system, and the US dollar and gold were no longer linked, and the price of gold exploded and the price began to soar.

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

In 10 years, the price of gold will increase by 16 times, and the return on investment is much higher than that of real estate investment!

A ton of gold is only 1.23 million US dollars. Wu Guangyao can buy 300 tons of dividends this time.

If you invest $370 million, you can make a profit of $5.5 billion by just waiting for 12 years;

There is no such a safe and high return investment plan in the world.

.........

At the beginning of the construction of the Everbright Building, Wu Guangyao had considered that it 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 blue court;

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

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

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

In this case, even if there is a dangerous dust on the clothes, it will be blown away by the hair dryer.

After the door is opened, you need to pass another tunnel;

Every 1 meter away, several forks with exactly the same shape will appear in the tunnel. If you go through any fork, you will not be able to reach the vault area;

Before entering the vault, you also need to open a circular stainless steel door with a diameter of 2.6 meters;

This door is several dozen tons, and uses mechanical lock unlocking method and does not require borrowing 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 Everbright Bank."

The two were shocked when they heard this. The boss was so generous!

Lei Hong said: "The boss means 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, "That's exactly!"

Rong Bensheng said: "Does the boss have time limits?"

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 the import of gold."

Lao Fengxiang Jewelry has its own gold procurement channels and has a wide range of ways;

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

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

Rong Bensheng and Lei Hong did not ask Wu Guangyao why they wanted to reserve gold;

After all, the price of gold is fixed, and deposits are better than lending and depositing!

However, the two knew that Wu Guangyao's financial resources were completely incomprehensible, and the profits of Global Group were even more unimaginable!

So, the boss may be for the purpose of preserving the value or for the sake of financial risk avoidance!

...........

The headquarters of Oriental Cinema, Oriental Film, and TVB have been moved to Tseung Kwan O.

Tseung Kwan O is located east of Kowloon, far from the city;

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

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

In Wu Guangyao's plan, near Qingshui Bay, Changjiang Industry will build a "city" in the future.

In the conference room of Oriental Film Headquarters, Wu Guangyao personally attended the project establishment meeting of "Brother Tangshan".

In the conference room, Zou Wenhuai, executives, directors, Bruce Lee and others were all curious that a movie actually alarmed the boss, which only means that the boss was on a whim.

Wu Guangyao said: "The purpose of my participation in this project meeting of "Tangshan Brothers" is mainly to convey a signal to everyone; that is, to carry forward Chinese Kung Fu and output a 'Kung Fu revolution' to the world will be a development direction of Oriental Film."

Everyone suddenly realized that the boss was going to propose a big plan, no wonder he personally participated in such a meeting.

Then, the formal project establishment meeting was entered.

The original historical "Brother Tangshan" is a small investment movie. It only took more than two months to shoot, but it received a box office of more than 3 million Hong Kong dollars;

It was not until Bruce Lee that Jiahe Films officially stood out from the Shaw Brothers Films.

Zou Wenhuai said: "Our investment budget this time is HK$350,000. Many people should know that this is the largest investment movie Oriental Pictures has so far."

Some people who are familiar with Oriental Pictures nodded;

The current investment amount of Hong Kong Island Film is HK$200,000, which is already a big investment;

After all, a movie with a box office of over one million is an amazing movie.

It can be said that if Oriental Media had not needed a complete industrial chain and needed Oriental Pictures to provide star resources, Wu Guangyao would not have entered the film industry;

After all, Wu Guangyao doesn’t like that little money at all!

It is precisely because filming can cultivate one's own stars, and Wu Guangyao has also had some "bad thoughts", so Oriental Pictures still has some status in Wu Guangyao's eye.

After hearing the investment budget, Bruce Lee had a strange thought. His salary was more than 50,000 Hong Kong dollars, which actually occupied such a large share of the budget.

Zou Wenhuai continued: "This time the shooting time is 3 months, and the whole shooting time is in Thailand! There are staff members who are preparing there, and it is expected that the shooting time will be in late September."

Wu Guangyao smiled and said, "It seems that he can be dedicated to Hong Kong citizens as the 'Spring Festival'!"

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

Zou Wenhuai's confidence was full of encouragement to everyone!

At this time, the box office record of Hong Kong Island was maintained by Shaw Brothers movies, with a total of HK$1.8 million;

It can be said that people from Oriental Pictures dream about breaking this record.

Wu Guangyao asked, "Zhen Fan, your acting skills must be honed before you set out in Thailand; the company will arrange a special guidance team for you, and you must study humbly!"

When Bruce Lee heard this, he told him that if he was not serious, it would be unreasonable.

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

Wu Guangyao did not participate in the remaining topics, and even left the meeting early, and Wu Guangyao was worried that everyone would have some constraints.
Chapter completed!
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