I have a little black hole

Chapter 1149 Reserve Gold is equally important for Infinite Gravity Groups!

This is her right as president of the company, and as a leader of the company that grew up from Lei Tiantang's secretary, Lei Tiantang's current two secretaries in the office are still her subordinates, rules and things sometimes have to be a little more spiritual.

“Boss! I have very good news for you! Mars has just officially confirmed the discovery of a gold mine near our base and a very impressive reserve!

At the same time, the gold content of the ore is also very pleasant. The results of initial detection estimate that the net gold content exceeds 40,000 tons. This is the relevant detection data report. Boss, take a look! "Jiang Yuting excitedly explained the reason for her sudden arrival.

Even if he knew the news long ago, now that Lei Tiantang sees Jiang's expression, he can still feel how good her mood is.

After his analysis, he was able to understand why Jiang Yuting was so excited. If all the 40,000 tons of gold on Mars were mined, the improvement in the company's strength would be very surprising.

Gold reserves are an important component of a country's international reserve assets, and the amount of reserves depends on the creditworthiness of a country's foreign economic trade. It had a special role to play in stabilizing the national economy, curbing inflation and enhancing international credit. This role is significant in both developed and developing countries.

It can be said that countries with gold do not have to be afraid of any decision by foreign Governments to change the value of gold and the conditions under which it is used. Both scenarios are likely to occur in the currency of any country or in any national currency.

In addition, due to military, political and other factors, the value of banknotes also causes instability and contributes to price increases, and gold seems less sensitive to these. Gold is a depository instrument that is not based on borrowing and lending relationships, and its holders are not affected by changes in the international banking system.

It is not wise to put eggs in a basket in any portfolio. While gold prices fluctuate, currency exchange rates in reserves fluctuate as do interest rates, and reserve diversification typically has a more stable return on investment than a single reserve approach.

The infinite gravity group makes so much money from the world every year, even a point of exchange rate fluctuation, their net profits fall with fluctuation, which is an important reason why companies should set up a special independent investment department, to avoid their own earned money casually cut wool by those countries.

However, when the company also has sufficient reserves of gold in kind, the investment department can have more leeway in the investment process, and will become more bottom-up when investing.

An even more important reason is that, in the past, many countries have introduced foreign exchange controls and, worse still, have frozen all foreign exchange assets. These measures often have a significant impact on reserves made up of foreign securities. When gold is reasonably held in reserves, this effect is mitigated.

The role of the reserve is to prepare for emergencies. So complete liquidity is essential, and this is beyond doubt, and gold has exactly that property.

In a state of emergency, countries may need to mobilize resources. Gold is liquid and a universally accepted instrument. In addition, gold can be mortgaged.

This is also very important for Infinite Gravity Group. It is also the reason why Jiang Yuting is in such a good mood. It is important to know that with the development of the company, the issue of the company's global capital security has become a big problem. Banks in countries such as the Old America have never had business relations with Infinite Gravity Group.

It's not that they don't want to make this money, it's that their government doesn't want them to make it. It's about competition in technology. The old American government has never been shameless. They're very skilled at all sorts of sanctions, freezing funds and so on.

So even if the total amount of in-kind gold stored by the company in the company's internal vault and in various domestic and foreign banks exceeds 150 tons, it is difficult for the company's senior management to feel safe.

The world's total gold reserves are 3,765 million ounces, about 13 times the world's annual gold production. Among them, more than 1,000 tons of countries and organizations are: Meliquin, Germany, France, Idoli, Switzerland, Huaxia and the International Monetary Fund, which have the largest government reserves in the above countries, exceeding 8,000 tons at their peak.

There are 32 countries with more than 100 tons, less than 10 tons and 47 countries. Our gold reserves have also exceeded 1,000 tons. From the above figures, powerful countries also have large gold reserves.

This shows that gold remains the hallmark of the combined strength of nations. As a result, gold reserves remain a priority for all countries of the world, especially the developed countries.

One country wants to stockpile more gold, not to mention as a powerful company, and it is that more than 150 tons of gold in spot that gives infinite gravity groups credibility in all countries, because even if they want to sanction infinite gravity groups through tandem, it is difficult for them to kill the company with a stick.

Obviously, from the technology currently available to infinite gravity groups, if infinite gravity groups cannot be completely destroyed at once, no country can resist their reprisals, not even the government of old America, so cooperation in the confrontation is the only option.

This gold mine, now in the infinite gravitational bloc, far from Mars, is arguably a place beyond the reach of the entire world, affected by attacks and other influences that are infinitely close to zero.

Even the extracted and purified gold is transported back to Earth without infinite gravity groups, all of which can be directly counted as infinite gravity groups' reserves of gold.

What is the concept of gold reserves exceeding 40,000 tons? The fluctuations in the gold market can be said to depend on the face of the Infinite Gravity Group!

While infinite gravity groups would not allow the gold market to fluctuate and decline significantly in their own interest, that status could not be denied by any country, and infinite gravity groups could take a more proactive position in future cooperation.

So after communicating with Lei Tiantang, Jiang Xiting smiled and asked: "Boss, this news is still in the confidential stage. When will we release it to the public?"

This is also her last problem. She cannot decide such a big thing without Lui Tiantang's consent. At the same time, she especially looks forward to the reaction of the world after the news burst out.