Yuwen Xing’s worries were unnecessary. Lao Sa was not destroyed, but was beaten to pieces again.

He was also unlucky enough. He was beaten back by Lao Bu in February 1991 and was set up a no-fly zone on the territory by the United States and other countries. This time, the United States also took turns to bomb nearly 100 targets such as missile research and production facilities, units related to missile development, as well as barracks, presidential palaces, radio stations, television launchers and oil fields, which greatly reduced their control capabilities.

Zewangzhi sighed: In one go, he was beaten to death, and then his strength was greatly reduced. The consequence of three-out is death.

This is gossip, not to expand.

Lao Sa was beaten to Amitabha, but Li Huanxin and Louis became nervous.

They were not because of Lao Sa's misery, but because the gold price has been hovering around US$255 per ounce in the past few months. Such a market made the two of them frightened.

Li Huanxin couldn't hold it anymore. He found Long Jianhua with Louis on the afternoon of December 24, "Mr. Long, we were frightened by the gold market."

Long Jianhua looked at the two of them seriously for a while, with a calm expression, and was the kind of person who was calm and gentle, "Why?"

Louis scratched his face with his right index finger, "Dr. Long, our average price in the past few months was around $270 per ounce, but this month suddenly dropped to $260. It can be said that the previous 70 tons lost a lot."

"We are not sure about how the market will go in the future with such a market. If we continue to decline after adjustment for a period of time, we will lose more."

Long Jianhua asked with a smile, "Why are you not sure?"

The two of them were angry.

Why is there no bottom? Isn’t the price going down all the way?

I can think so, but I can't argue so much.

Louis scratched his chin, "Dr. Long, we have no idea about the trend of gold prices. Carlson and I have communicated with him. Now, because of the new production model, "copper is the main production of gold is the secondary", and the expansion of production scale has led to a production cost per ounce drop to $206."

"This trend has only just been revealed, and it does not mean that it cannot continue to decline in the future. Last year and the previous year, many gold mines were shut down due to the decline in gold prices. If those gold mines use such technology and control costs to this point, it means that there is still room for price decline."

"There is another point. Central banks in various countries are selling gold inventories endlessly, causing prices to continue to fall. I think this is also the reason for their price decline."

"If you continue to sell and keep the price lower, it will inevitably lead to the gold mine being forced and reduce unit costs to a greater extent. In this cycle, the price of gold can only get lower and lower."

Long Jianhua looked at Li Huanxin, "What about you?"

Li Huanxin laughed and said, "I have very little research on gold. I agree with Louis's point of view just now. There is another question: Although gold can maintain value and increase value, it was in the past; now when the central bank sells it, it means that this function is not available."

"In the past, whenever there was a war, gold would rise. But this time Lao Sa was beaten, and the gold market did not react at all. Is this a sign of gold being abandoned?"

Long Jianhua smiled and raised his right index finger to sway, "You have changed your concepts a little. Indeed, the cost of gold production has dropped significantly, so low that it is only $206 per ounce."

"But have you ever thought about how many companies can reach such a low cost? There are only two companies, 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 capabilities."

"If gold does not have the ability to maintain value and increase value and is to be abandoned, then you have to choose a product that can maintain value and increase value. You are studying 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 this, do you think the world will be in chaos?"

"So, you cannot think that gold does not have the ability to maintain value and increase value just because of the sale. Even if it is to be abolished, it will be discussed for a long time in advance, and this will not be done in this way."

"If you take a step back, even if you don't act as a hard currency in the future, won't you still have industrial uses? Gold has excellent electrical and thermal conductivity and strong oxidation resistance. Among the metals that have been discovered, it is the lowest cost."

Li Huanxin smiled bitterly, "But the group has now stored more than 360 tons, which is a bit large. The gold reserves are probably in the top 10 of central banks in various countries. It is very dangerous if they arouse the covetousness of others."

This is the truth. For a country, an enterprise is a sucker; in the face of a strong country, an enterprise has no room for counterattack.

However, you can’t not hoard gold because of these worries and give up this opportunity to accumulate wealth.

Louis nodded in agreement with this view, "Indeed, safety is important. I suggest that we can't be too strong to strengthen the security."

Long Jianhua, Liu Haoyu and others have fully considered this and have corresponding countermeasures. They have 50 gun-holding licenses to ensure victory in small-scale conflicts; the Information Department closely monitors the situation of the relevant gangs in order to make timely responses. Of course, if there is a state force involved and uses heavy weapons to open the way, no one can do anything, and they can only rely on the nearby army.

They also know a little about the security measures of the vault. Now that they are talking about it so seriously, it means that they are more reluctant to continue buying gold.

He said lightly, "People cannot scare themselves, it will scare people. We must continue to acquire gold and collect as much as we can. We are not short of funds at all now. Without other major projects starting, it has no use. Instead of putting it in the bank for interest, it is better to store gold."

Seeing that the two of them seemed to be talking, he waved his hand, "Tonight, Christmas Eve, have a good meal with his family. Merry Christmas!"

Seeing that he was like this, the two could only reply "Merry Christmas!" and then walked out of his office together.

In the elevator, Li Huanxin sighed, "Maybe the fear of the unknown is too great, so I have some resistance to continue buying gold."

Louis shrugged, "We have ideas, and we should raise them. Maybe we don't know anything thoroughly, which leads to pessimism about the future of gold. Mr. Long's idea is the key... We can just continue to acquire."
Chapter completed!