blackstone code

Chapter 745 Program
What would happen if an authoritative program started reporting on a potentially fraudulent business?
The reason why authority is authority is because people tend to trust it unconditionally!

It's like professors often represent authority in the eyes of students. They will believe what the professor writes on the blackboard, and few people will question it.

This is like an announcement issued by the government. People will not have any doubts about these announcements after they understand them. Although some people will question them, but very few.

Nothing can completely and completely make everyone stand on the same side, and trust is the same, so doubting it is naturally not a big problem, it is normal.

The power of authority is very terrifying. If it is used well, it is a light that guides the way for people. If it is not used well, it will become the cause of disaster.

At this moment, the people who are sitting in front of the TV watching this authoritative program are looking at the title written in gold on the TV screen, recalling the short film they just watched.

The investors and stockholders inside showed crazy and distorted expressions as if they were possessed by the devil. Even some people who did not participate in it could feel the atmosphere, which was a little scary, but also somewhat indescribable. something to yearn for.

His Majesty the Emperor stopped eating, it wasn't the end of the meal, he just felt that this matter seemed to be getting out of control.

It was only in the morning that the chancellor of the exchequer told him that everything was under control, but it was only at noon that these things showed some not-so-good vibes.

Even through the screen, His Majesty the Emperor could smell the stench and knew where the stench came from - the nobles.

The dissatisfaction of the nobles has been going on for a long time. In the words of the nobles, they contributed money and resources to help Gefra win the wars, but the wars did not bring satisfactory returns, and they could not even save their capital. arrive.

Now they have suffered additional losses because of the shift of the focus of development, and they have long been very dissatisfied with him as the emperor.

It's just that the ministers unanimously supported him and suppressed the dissatisfaction of the nobles, but this does not mean that the noble group really has no ability to resist at all.

They must be doing something. His Majesty waved his hand and ordered the food to be taken away. He has no appetite at all now.

Those idiots didn't even know that Lynch was plotting this matter by mixing with the nobles during this period of time!

But this just made His Majesty the emperor a little suspicious, how did he plan, how did he connect the nobles together, and complete all the layouts quietly.

He was a little curious, but of course he was more annoyed. Letting Lynch stay in Gefra was indeed the worst decision. He should be let out after the canonization is complete!

In the TV show, the host sat with two well-known financial practitioners in the empire. The host's expression was not particularly serious. Compared with the smiles on his face before, it actually made people feel that this episode of the show s difference.

While sorting out the manuscript, he asked, "After watching the short video just now, everyone seems to have a certain understanding of Yuanrong Financial Bonds. I would like to ask two financial experts, is it possible?"

He turned his head to look at the other two experts, and continued to refine his question, "As long as you spend money to buy the gold coupon, no matter whether they can find the gold mine or not, it only takes one year to get 90.00% of the money back. Is this possible?" ?”

"If they can really find a gold mine, will the income from the gold mine be able to satisfy the high rate of return of the gold coupon?"

The two financial experts obviously did their homework before going on the show. One of them shook his head. He picked up a document and showed it to the camera. At the same time, the TV screen cut to another scene, and the complete document appeared on the screen. , and very clear.

There are a lot of data listed above, and there are explanations from experts outside the screen, "This is the rate of return of some of the most famous financial hedge funds in the world last year. 13.00% out."

"The highest rate of return given by ourselves, all foundations and related organizations is only 12.00%."

"These are reliable, formal financial institutions, and some of the founders or operators of these institutions have left their names in history."

"These professionals can't give such a high rate of return, why...", the scene cuts back to the studio, and a sneer appeared on the face of the expert, "Why can a foreigner who has not gone to college give 90.00% annual return?"

"The most interesting thing is that there are still many people who believe this statement!" His voice was exaggerated, as if to say, "There are people who fucking believe this, do you have any brains?"

The camera was quickly passed to another expert, who then said, "Let's talk about the benefits of gold mines."

"As of the last trading day of last week, the closing price of gold was only 22 francs an ounce, and the price per ton was 77 francs."

"It seems that this price is very good, but we need to clarify an important factor. It not only takes time to extract a ton of high-purity gold, but also requires various costs."

"Some of the data we can find so far gives us a simple figure. In ordinary gold mines, each ton of ore can provide less than ten grams of gold."

"We calculate based on ten grams of gold, that is...about eight yuan."

"However, to dig out a ton of ore, crush it and screen out the gold-containing part for crushing and smelting, our company will probably pay three to four yuan for this, including transportation."

"We have an inaccurate form here, it's not that it's too much, it's that the number is much lower than the actual number because there are still a lot of people who are not registered and some people are not willing to say they are true. The number of gold coupons held."

The No.2 expert took out a form, and the camera switched again, "As far as we know, the number of gold coupons purchased in the first phase exceeded 1000 million. We don't know exactly how much."

"Eight percent of 1000 million is 80. They need to be able to refine at least three tons of pure gold every month to barely maintain their expenses, let alone make a profit."

"But there is not only one issue of the golden coupon, there is also the second issue, the third issue, and I even heard that the sale of the fifth issue has already started, and it is very popular."

"At least hundreds of millions of gold coupons have been sold out, and they have to pay investors at least 800 million funds every month."

"What kind of gold mine needs to be dug to earn back this money, is it a natural pure gold mine?"

"Of course, it is possible that Yuanrong Capital actually has a lot of gold mines put into use, and they have enough reserves to do this, as they say, what they want to do is make money with everyone, they It's doing good."

The sarcasm in the language was almost undisguised, but no one laughed in the studio or in front of the TV screen, and everyone realized how terrible this thing was.

The scary thing is not its rate of return, but that its first batch of gold coupons has attracted tens of millions of funds, and more rebates in the later period.

In fact, this is also very normal. Anyone will be tempted by the annual rate of return of 90.00%.

The host nodded and asked again, "However, the operation of Yuanrong Capital is very good, and it was successfully listed. We can't find any problems from their financial report."

"The growth rate of several times per month has exceeded the vast majority, or even all enterprises in the empire. Is there any problem with these, and what is the problem?"

The two experts looked at each other, and the expert pursed his lips and nodded, "Yes, host, there are not only problems here, but also big problems."

"In fact, we have already discussed this issue just now. The higher the profit growth rate of Yuanrong Capital, the more expenses it needs to bear every month."

"A monthly expenditure of at least 800 million yuan is simply not something that can be supported by a gold mine, because the latest financial report was two months ago, and we have no way of knowing its current operating conditions."

"I believe it should be bigger now, and it needs to pay more money every month, maybe 2000 million, or even 3000 million."

The expert Yiyong said in a somewhat inductive tone, "It's okay if there are no problems. If there is a problem, the gold coupon will collapse completely."

The host frowned, "You mean, Yuanrong Capital may not be able to afford those rebates?"

Expert No. [-] nodded, "Actually, we think this probability is very high, because we cannot find an industry that meets its profitability among all current industries."

"We do have some industries with a high profit ratio, such as industries with dozens of times and hundreds of times of profits, but these industries are limited by various reasons. The scale is not too large, the output value is small, the sales are small or the cycle is long. "

"Yuanrong Capital also claimed that gold mines and gold are the main way of making profits. This does not meet our assessment, so we think it may have lied in this regard."

Mining is to make money, but this money is not quick money. In short, every statement points to the same point of view, that is, Yuanfin Capital is fraudulent.

The host's expression became more and more solemn. He picked up a newspaper and showed it to the camera, "This is the "Ledu Daily" issued today, and there is a big news on it."

"A reporter discovered an important clue by coincidence, and went to the gold mining area under Yuanrong Capital to make an unannounced visit."

"They also promoted this mine last month..." The host picked up a newspaper again, and there was a photo of a large group of people holding gold ore, large or small, gathered in the mine for a group photo, " These investors have all gone underground and dug their own ore.”

"But now, the reporter found out that the mining area was actually deserted a few years ago, and also found out some more important information..."

The host kept showing that even the audience who hadn't read "Ledu Daily" had a general understanding of it, and most of them picked up the phone to order today's newspaper.

The host put down all the comparison materials and continued to ask, "Let's make a bold assumption. If all the gold mines don't exist, how can Yuanrong Capital maintain the current situation?"

"How can they pay each period of rebates on time and in full, and create better business performance?"

(End of this chapter)