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Chapter 146 Investing in Gold

On this sunny morning, after enjoying a rich breakfast, Zucker planned the company's development at home.

The decision to expand the territory has become a foregone conclusion.

However, how to start, how to operate, which company to acquire, etc., all require careful consideration. Many things cannot be successful if you have money.

Haven’t you seen so many prodigal sons in the world?

“Good morning, boss!”

Zhuke's personal lawyer Zhang Wei came to visit Zhuke in person.

"You sit in the living room downstairs for a while. After I finish some things, I will come over immediately." Zhuke shouted upstairs.

The boss spoke, what else can lawyer Zhang say?

Of course I obey him.

Not long after, Zhuke took a simple shower in the bathroom upstairs and went downstairs to meet attorney Zhang Wei.

"Lawyer Zhang, good morning, I hope you will bring me good news."

Zhuke sat on the sofa and ordered the maid to give him a cup of coffee. Well, add another cup of coffee to Zhang Wei. After all, while waiting, he had already finished drinking the coffee.

"Boss, it's good news."

Zhang Wei smiled and said, "Businessman, it's not me who bury you. You are a rich man with a net worth of over one billion US dollars. Can you prepare some coffee for your guests next time? Well, Nestlé's instant coffee is really not very good, and it can only quench your thirst."

Upon hearing this, Zhu Ke immediately burst into laughter.

At this moment, Zhuke did he look like a billionaire?

"Hey, hey, it's not that I'm stingy, it's that I really can't get used to those so-called brand-name coffees. I really don't think what's good about those coffee beans that cost hundreds of dollars a gram? To be honest, I think this instant coffee can refresh and quench thirst."

After saying that, Zhuke took another sip of the coffee in the cup.

In fact, Zucker did not lie this time.

Zhuke really doesn't catch a cold when it comes to coffee; even the tea from the Great Heavenly Dynasty, to be honest, Zhuke can't taste good or bad.

Alas~ To put it bluntly, Zhu Ke is still a loser.

Zhang Wei held his forehead and shook his head: "Okay, I won't discuss with you about your personal quality of life. This time I come here, as you said, is good news."

"Oh? Is that money about Dafeng Capital?"

Zhang Wei nodded: "That's right."

“How many specific?”

Zhang Wei continued: "The amount you withdraw from Dafeng Capital's overseas account this time is US$1 billion. AWD Finance Company and my lawyer team have been designed many times and have been transferred to many states in the United States. They have officially settled the money yesterday. After avoiding some risks, they have paid a total of US$260 million in taxes!"

Damn it!

At this moment, even though Zhu Ke was already prepared, he had to pay $260 million in tax at once, and he couldn't help but feel a little painful.

"Damn it! The American IRS is a bastard, they did nothing and took a lot of money from me." Zhuke cursed.

Zhang Wei pondered: "Boss, it is the ultimate we have achieved from the original fixed tax of 35% to the current 26% tax. If it is reduced, you will be sued by them."

Zucker nodded.

Actually, it’s not Zucker’s stingy. You ask the Wall Street financial tycoons, whether they can keep calm and smile every time they transfer overseas funds back to the American mainland?

Go to hell!

No matter who is, after paying a large amount of taxes, you will be extremely unhappy.

It is said that Beresden's senior partner, a famous financial tycoon in the United States, and billionaire Cresman Fon, falls into several cups every year when settlement of accounts.

Moreover, every year his company needs to be renovated.

Why?

Because after every tax filing, his office must have been smashed by himself!

The anecdote about "Cresmann Von's new office" is something that almost everyone knows on Wall Street.

Make money for a while, and tax deductions are MMP!

......

$1 billion minus $260 million, and the last one fell to Zucker is $740 million.

"We can finally do a big fight!"

As soon as the funds were in place, Zhuke called Alexander and asked him to notify executives of California Standard Bank to return to the bank headquarters for a meeting in the afternoon.

Standard Bank of California.

"Everyone, the purpose of the meeting is very simple, that is, I want to inject $400 million in cash into the bank."

"The 20 million dollars of this money will be used to replace equipment at various outlets of California Standard Bank, and to build new bank outlets in other cities. The other 380 million yuan will be bought for me all the money!"

"Remember, don't buy gold futures!"

"We only need gold and acquire a large amount of physical gold, which can be used as a reserve for our bank and as a long-term investment."

After the words came to an end, everyone present was puzzled and confused.

Some of them are even a few of them, Zhuke is absolutely making a fuss. With such a huge amount of cash flow, why not make money? Why invest in real gold?

"How much money can you make when investing in gold?" a senior executive muttered.

"Yes, the boss is still too young. Don't he pay attention to the rise and fall trends of gold prices in recent years? In recent years, international gold prices, whether physical gold or futures paper gold, have fallen to something." Another executive echoed.

Their voice was very small, but I have to say that Zhuke had a good hearing, and he could hear these words completely.

"Silly guy!"

Zhu Ke cursed in his heart: "Two idiots, who said gold doesn't make money?"

In fact, it is not a big mistake for bank executives not to support Zhuke's decision. After all, they don't know the future international gold prices, in order to usher in a big explosion!

...

Speaking of this, we have to mention the advantages of the time traveler’s foresight!

Due to the industrial development of countries around the world, national gold prices do fluctuate frequently.

From 1933 to 1980, the price of gold rose from $20.67 per ounce to $850 per ounce;

It can be said that at this stage, investing in gold is definitely a big profit!

However......

Due to the development of the Internet, real estate, high technology, and emerging industries, coupled with the continued weakness of the US dollar, international gold prices have fallen all the way.

From 1980 to 1999, the price of gold fell from $850 per ounce to $251;

It can be said to be a huge drop!

At this stage, banks and investment institutions that hold a large amount of physical gold have almost all suffered serious losses.

But man's calculation is not as good as God's calculation!

With the outbreak of the Internet bubble in the early 21st century, many people and investment institutions who invest in high-tech industries such as the Internet have suffered huge losses.

The continued weakness of the US dollar and the depreciation trend has made people and investors from all over the world once again start buying gold to preserve their value.

From 1999 to 2011, the price of gold rose from US$251 to US$1,912.

[Note: In April 2020, the international gold price will be around US$1,690 per ounce.]

"If you don't invest in gold now, when are you waiting for it?"

The rise in gold prices in the next decade certainly makes Zhuke very envious. It can preserve value and make money, so why not do it?

When investing in gold, you will have more than 7 to 7.5 times profits in the future. How can you ignore it?

"That is, the money I have, there are other uses, otherwise I would have to buy a large amount of gold." Zhuke's heart moved.

Moreover, investing heavily in banks will bring a lot of convenience to Zhuke's next few acquisitions. At the same time, acquiring other companies in the name of banks can avoid taxes to the greatest extent.
Chapter completed!
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