Chapter 986

Yuwenxing's worry is superfluous. Lao SA was not destroyed, but was beaten and withered by others again.

He was unlucky enough. In February 1991, he was beaten back by Lao Bu and set up a no fly zone in the territory by the United States and other countries; This time, the United States bombed nearly 100 targets, including missile research and production facilities, units related to missile development, barracks, presidential palace, radio and television transmitting stations and oil fields, in turn, greatly reducing their control ability.

Choosing to forget sighed: being beaten in a hurry, and then declining to a great reduction in all kinds of strength, the only consequence of exhaustion is death.

This is gossip. Don't start.

Old SA was beaten Amitabha, but Li Huanxin and Louis were nervous.

They are not Amitabha because of the tragedy of Lao SA, but because the price of gold has been hovering around $255 an ounce in recent months. Such a market makes two people tremble.

Li Huanxin couldn't hold back. He found long Jianhua with Louis in the afternoon of December 24. "President long, we were frightened by the gold market."

Long Jianhua looked at them seriously for a while. His expression was very calm, belonging to the kind of light wind and light clouds, "why?"

Louis scratched his right index finger on his face. "Long Dong, our average price in the past few months was about $270 an ounce, but this month it dropped sharply to $260. It can be said that the previous more than 70 tons suffered a big loss. "

"We don't know what will happen next in this market. If we continue to decline after adjustment for a period of time, we will lose more. "

Long Jianhua asked with a smile, "why is there no bottom?"

The two of them were angry.

Why not? Isn't it that prices are falling all the way?

Can think so, but can't cross examine so.

Louis scratched his chin. "Dong Long, we have no bottom for the trend of gold prices. I talked with Carlson. Now, due to the new production mode, "copper production is the main production and gold production is the by-product", and the expansion of production scale, the production cost per ounce has been reduced to $206. "

"This trend is just emerging, which does not mean that it cannot continue to decline in the future. Last year and the year before last, many gold mines stopped production because of the decline in gold prices. If those gold mines adopt such technology and control the cost to this point, it shows that there is still room for price decline. "

"One more thing. Central banks have been selling gold stocks endlessly, keeping prices lower. I think this is also the incentive for its price decline. "

"If we continue to sell and lower the price, it is bound to lead to the reverse force of the gold mine and reduce the unit cost to a greater extent. After such a cycle, the price of gold can only get lower and lower. "

Long Jianhua looked at Li Huanxin, "what do you think?"

Li Huanxin said with a smile, "I have little research on gold. Agree with Louis just now. Another problem is that although gold can maintain and increase its value, it was in the past; Now when the central bank sells, it shows that it does not have this function. "

"In the past, whenever there was a war, the price of gold would rise. But this time old SA was beaten, and the gold market didn't respond at all. Is this a sign that gold is abandoned? "

Long Jianhua smiled, raised his right index finger and shook, "you have changed your concept. Indeed, the cost of gold production has decreased significantly, as low as only $206 an ounce. "

"But have you ever thought about how many companies can achieve such a low cost? There are only two, one of which is our mining group. This technology was jointly developed by our mining group and another mining company, and other mining companies do not have such ability. "

"If gold does not have the ability to maintain and increase its value and needs to be abandoned, it is necessary to choose a product that can maintain and increase its value. You study money. If there is no such thing, it means that everyone can print money endlessly. "

"Today you issue 10 billion, tomorrow I issue 20 billion, and I use yesterday's exchange rate to buy your products. If you do that, do you think the world will go haywire? "

"Therefore, you can't think that gold doesn't have the ability to maintain and increase its value just because others sell it. Even if it is to be abolished, it will be discussed a long time in advance and will not be adopted in this way. "

"Ten thousand steps back, even if it is not used as hard currency in the future, it will still be used for industry? Gold has excellent conductivity and thermal conductivity and strong oxidation resistance. Among the metals found so far, it belongs to the lowest cost. "

Li Huanxin smiled bitterly, "however, the group has now stored more than 360 tons, which is a little large. It is estimated that the gold reserves can enter the top ten of the central banks of various countries. It's very dangerous in case of being coveted by others. "

That's the truth. For a country, an enterprise is a big enemy; In the face of powerful countries, enterprises have no room to fight back.

However, we should not stop hoarding gold and give up this opportunity to accumulate wealth because of these concerns.

Louis nodded in agreement. "Indeed, safety is important. I suggest that we further strengthen security. It can't be too strong. "

Long Jianhua and Liu Haoyu have fully considered this and have corresponding countermeasures. Have 50 gun license plates to ensure victory in small-scale conflicts; The Ministry of information pays close attention to the situation of relevant gangs in order to make timely response. Of course, if there are national forces involved to open the way with heavy weapons, no one can but rely on the nearby army.

They also know a little about the security measures of the vault. Now that it is so serious, it shows that they have refused to continue to buy gold.

He said faintly, "people, you can't scare yourself. You'll scare people to death. Gold, we should continue to buy, how much we can collect. We have no shortage of funds now. It is not used for much when no other large projects are started. It's better to store gold than put it in the bank for interest. "

Seeing that they seemed to have to speak, he waved his hand, "have a good meal with your family tonight on Christmas Eve. Merry Christmas! "

When they saw him like this, they could only reply "Merry Christmas!" Then we walked out of his office together.

In the elevator, Li Huanxin sighed, "maybe I'm too afraid of the unknown, so I'm a little resistant to continue buying gold."

Louis shrugged, "we have ideas, and we should put forward what should be put forward. Maybe we don't understand some things thoroughly, resulting in pessimism about the future of gold. Long Dong's idea is the key... We can continue to acquire. "

Li Huanxin said with a smile, "in fact, I discussed this issue with President long not long ago, which is also a worry about the future of gold. At that time, long was always optimistic. Also, if we can make 10% profit every year, it is also a good investment. Both of us need to be steady. "