Manhattan Reborn 1978

Hong Kong.

Evening~

Kowloon Peninsula, Tsim Sha Tsui.

The Peninsula Hotel, 22 Salisbury Road.

After chatting with Peter for a whole afternoon, David finally met Nariya Muli, who he said was the head of the Asian research team of the European Management Forum.

When little Peter was introducing the two of them, he found that David didn't have much surprise in his eyes when he saw Nariya Muli. Instead, he looked very sincere. He was amazed in his heart, but said something on his lips.

"Everyone, take a seat~"

"David, you have also seen that Mr. Narya Muli is an Indian. His family is in Chennai, known as the door to South India. His family has been engaged in maritime trade for generations."

"In addition, he is also the only Indian independent director of Hong Kong and Shanghai Banking Corporation. This time he was entrusted by the European Management Forum board of directors to evaluate the competitiveness of countries in the Asian region."

"Oh..." David asked Nariya Muli, who was sitting down, and glanced at Kanes, who was "nesting" on the sofa next to him, with a smile.

"Mr. Mu Li, have you been in Xiangjiang these days?"

"No."

Narya Muli, who had a slightly dark complexion and wore a pair of gold-rimmed glasses and looked to be over forty years old, glanced at Little Peter and Kanes, and showed David a "formula" Smiled and replied.

"The team I lead has recently completed a competitiveness survey on Singapore, Malaysia and New Delhi, India. The next step is to stay in Xiangjiang for a few days before going to the island nation of Tokyo."

Little Peter then continued: "Naria, have you brought the investigation report on the trading conditions of the Singapore gold market?"

"Yes."

Narya Muli took out a document from the briefcase he carried with him and gave it to little Peter before explaining.

“During our research on the Singapore Exchange (SES) and the Singapore International Monetary Exchange (SIMEX), we found that some locals do not like to go to local banks when buying gold products, but prefer to go to reputable banks. Gold shop.”

"So, with the assistance of the Singaporean government, we visited many of the largest local gold stores and obtained their detailed sales data in the past six months."

Nariya Muli raised her finger and pointed at the document in Little Peter's hand, looked at Kanes who slowly sat up from the sofa, nodded with a smile, and continued.

"In September and October last year, sales of gold products across Singapore were on a very steady trend."

"In November, due to the slight increase in international gold prices and the approaching of Singapore's traditional holiday consumption peak season, local gold product sales saw a substantial increase."

"After the New Year in January, gold shops across Singapore have entered the peak sales season, and the weight of gold products sold every day is about 7000 ounces or more."

"In February, the international gold price rose sharply again. Gold stores in Singapore began to accept orders for investment gold bars from customers. Based on the standard of 700 grams per gold bar, about gold bars were sold."

“On March 1, as Singaporeans’ rush to buy gold has been increasing, the Singapore government issued an announcement to the public~”

"Any investor who wants to invest in gold bars needs to purchase a limit of one kilogram per person!"

"Once this purchase restriction order was issued, gold stores across Singapore were inundated with investors who wanted to snap up gold."

"Last week, when we were preparing to leave at the Singapore Airport, we found many investors coming from Indonesia and Malaysia to buy investment gold bars."

"Later, we postponed our flight. After asking, we learned that they could no longer snap up investment gold bars at a lower price in their home country, so they had to try their luck in Singapore."

Little Peter suddenly raised his head here and explained to David: "We came to Xiangjiang just to make an appointment with him."

"But he made a temporary change of schedule in Singapore, so we had to wait one more day to get the report."

"Yes." David expressed that he understood this very well, looked at Nariya Muli, and raised his hand to ask him to continue lowering.

Nariya Muli glanced at Kanes who was deep in thought, looked at David, nodded, and said with a smile.

"After we arrived in Xiangjiang, we received news from New Delhi, Mumbai, Chennai and other cities in India~"

"This rush to buy gold also began to appear in major cities in India at the beginning of this month."

"Last week alone in New Delhi, the capital of India, sales of gold products and investment gold bars exceeded 7500 ounces, which is equivalent to more than kilograms."

Karnes frowned and thought for a few seconds, then looked at David beside him and said: "The international gold price has increased by more than 60 meters in recent months, and media from various countries are paying great attention to this."

"Did you expect the sudden rush of ordinary investors to buy?"

"Ah."

David noticed a hint of surprise in Nariya Muli's eyes, smiled, crossed his legs, and said.

"In our northern country, China, there is a folk proverb~"

"Spring River Plumbing Duck Prophet!"

"It means that when spring comes and the outdoor temperature is just starting to show signs of slowly rising, the ducks seem to have known that the water temperature would get warmer and run to the water to play and look for food."

"The oil crisis that broke out five years ago, when the price of gold skyrocketed from 35 yuan to about 200 yuan, is still clearly left in people's memories!"

"The Bretton Woods system that has lasted for decades has made the precious metal gold in the minds of ordinary people regarded as the investment product that can best preserve and appreciate in value during a major crisis."

"Now, another oil crisis is about to break out~"

“It’s not surprising that ordinary people hope to preserve the value of their wealth by investing in gold.”

"It's just..." David looked at the document in Little Peter's hand, smiled and shrugged, and said to Karnes.

"The current rush to buy gold is in the warm-up stage and is not enough to push international gold prices to continue to rise."

“If you want to continue to push up gold prices, the power of the media is very important!”

"Because it can awaken more people's memories of the oil crisis through continuous tracking of reports, allowing the gold rush to enter the next stage."

"Hmm..." Karnes curled up his legs, rested his chin on one hand, thought for a while, and said sympathetically.

"The last time I invested in gold, media reports from various countries tracking the rise in gold prices caused a huge wave of panic buying."

David looked at Kanes very curiously and asked, "Then why did you only earn 30 million yuan last time?"

"Is it because the principal is too small?"

"Not exactly..." Karnes curled his lips and shook his head, glanced at Little Peter and Naria Muli, and whispered.

"I was still in college at the time, and my family didn't agree with me giving up my studies to participate in investing."

"Then... where did you study? Why have I never heard of you mentioning it? Are you an undergraduate?"

"Yeah." Karnes tilted his head and looked at "high school student" David, with a wicked smile on his lips, and replied.