Wealthy after rebirth

Chapter 242 Must Buy Gold Be Measured In Grams?

"The whole country is only 1000 square kilometers, not as large as Harbin City, with less than 7000 million people, and the annual GDP has reached [-] billion U.S. dollars, which is a bit outrageous..."

Shi Yining stood on the so-called richest street in the world and expressed his emotion.

The street under his feet is called Bahnhofstrasse, which is located on the west side of the Limmat River in Zurich, Switzerland, with a total length of only 400 meters.

Switzerland's most upscale hotels, top fashion designers, and dealers of all top luxury goods are gathered on both sides of this street, among which Swiss watches are naturally indispensable.

Bahnhofstrasse can be called the richest street in the world, not only because of the world-renowned luxury brands, but also because of the gold transaction!

Bahnhofstrasse is known as the "Wall Street of Switzerland". The world's largest gold market is on this street. The trading, import and export of gold on Bahnhofstrasse are unrestricted, and the gold trading volume ranks first in the world. Foreign exchange and securities transactions It ranks first in Europe and has more than 200 banks from all over the world, including all the world's top ten banks.

A day ago, Shi Yining flew from Dusseldorf, Germany to Zurich non-stop after finishing the matter of the Inohulme Metal Smelting Company. He was looking forward to seeing what value the Switzerland that Jack Li often talked about was worth. Appreciate the charm!
As soon as he arrived in Zurich, he felt something different from Germany. Although the two countries are adjacent, they give people a completely different feeling.

The feeling of a certain place should be perceived from all aspects, buildings, public facilities, people, these are the key elements to feel the local culture.

As the richest city in Europe, Zurich is full of history everywhere. There are many ancient buildings and solemn churches. Perhaps because of the money, they are all very well maintained.

Standing on the streets of Zurich, Shi Yining looked at the crowd who were not in a hurry, thinking of the city's annual GDP, it seemed that even the air smelled of wealth.

Some shops on both sides of the street are being decorated in front of them, which seems to be preparations for the coming Christmas. Although there are still more than ten days left, a strong festive atmosphere can still be felt.

"Jack, it seems that you didn't lie to me. Switzerland is a pretty good country. At least I feel pretty good before I get to know it better."

Jack Li had a hard-to-see smile on his face. He liked Switzerland. He took a deep breath and said with a smile: "Of course, boss, World Park is the most pertinent evaluation of Switzerland. I especially hope that you will spend more time in this country." Stay for a while.”

“When you get to know this country deeply, I’m afraid you won’t want to leave. Especially for a rich person like you, you will surely discover more beauty that belongs to Switzerland.”

Shi Yining smiled and said, "That depends on the attitude of the local government to foreign investment."

"Oh, boss, you can rest assured on this point, the Swiss attitude towards foreign investment is much more enthusiastic than the Germans!"

Jack Li seemed to know Switzerland very well and helped him by saying that he very much hoped that Boss Shi could live in Switzerland forever, and he followed suit.

“Jack is right. In recent years, the proportion of overseas investors in Switzerland has been on the rise. Even in the Swiss banking giant Credit Suisse, only 18.00% of its investors are local Swiss, while overseas investors account for 80.00%. two."

Huang Jiayan knew some of Shi Yining's arrangements, and she did a lot of homework before coming to Switzerland.

"Overseas investors are mostly long-term capital investment, and the entire Swiss economy and local people are benefiting from it. With the steady entry of foreign capital, Switzerland's degree of globalization has increased, and its international attractiveness and relationship network have greatly improved."

"However, there is one point. The economic ties between Switzerland and North America are the closest. More than 30.00% of the investment comes from North America. The investment in other European countries is not as good as that in North America. It only accounts for 20.00% and China's only [-]%..."

Shi Yining looked strange after hearing this set of data. If he invests in Switzerland, he is from the Celestial Dynasty in terms of nationality, but if he traces the source of the currency, it comes from North America. I don't know how the Swiss local government will calculate his investment...

"I really don't want to set up the reptile department in Switzerland, it's so cheap to live and work here, those guys..."

Shi Yining said jokingly.

He had previously inspected the environment in Germany and felt that it was not suitable for the development of the reptile department. The situation in Switzerland was better and it was his first choice.

Huang Jiayan was a little speechless about Shi Yining's words, but thinking about it differently, if Sea Monster Company established a company in Switzerland, she would also like to stay and work here...

"No matter what, I'm going to buy something first!"

Shi Yining changed the subject and said.

"buy what?"

Huang Jiayan was a little curious when she saw Shi Yining talking about buying things seriously.

Shi Yining looked at the signboard made up of three keys not far away and smiled, and said, "Guess."

Huang Jiayan and the two bodyguards looked in the direction of Shi Yining's gaze. Next to the signboard consisting of three keys were three bright red English letters "UBS", United Bank of Switzerland.

"Bank? What can I buy in the bank? Financial products?"

Huang Jiayan felt a little puzzled, she thought that Shi Yining was going to buy a Swiss watch in Switzerland, which was hard to come by elsewhere, but it didn't look like it now, the bank didn't have any watches for sale.

Li Jieke thought for a while, raised his eyebrows, and said with a smile: "Boss, I understand!"

Jack only said that he knew, but did not tell the real answer, because there were many people on the street, and he did not want to add unnecessary danger and trouble.

Shi Yining smiled and did not answer the doubts of the people around him. He walked straight towards the direction of the bank. Anyway, if we don't say anything now, everyone will know about it later.

Huang Jiayan was a little depressed. She asked Jack Li in a low voice, and she understood the words he said from the shape of Jack Li's mouth.

Gold!

Huang Jiayan suddenly realized that Switzerland, as one of the centers of global gold trading, is very normal to buy gold here!

Jack Li guessed right, Shi Yining was indeed planning to buy gold, but his "buy" was not the same as what ordinary people think of as "buy", he didn't even have the idea of ​​going to an ordinary shop!
Ordinary people buy gold in terms of grams, and rich people invest in gold in terms of ounces. Boss Shi will not be so petty.

The Swiss gold system is an open and freely traded market operating system. The National Bank manages the reserve currency gold and is responsible for its operation and management. It engages in official gold trading under the authorization of the Swiss government.

The gold trading in Zurich is mainly led by the three major commercial private banks in Switzerland, namely UBS, UBS, and Credit Suisse, and is managed through the Zurich Gold Pool to formulate self-regulatory rules.

The trading unit is 99.5% gold, the delivery date is the spot day, the futures contract is a few trading days after the expiration date, and the delivery location is the gold warehouse in Zurich or other designated vaults.

Different from the gold trading in other places, the gold trading in the Zurich gold market is represented and settled by three commercial banks. They not only act as agents for customer transactions, but also carry out self-management and directly participate in gold trading, and provide high-quality and safe safes and gold accounts.

After the investor deposits the purchased gold into this account, the account owner can withdraw gold bars or coins.After the investor pays, the bank will issue a gold purchase certificate to the customer, indicating the quantity, price, fineness, cost and price of the gold, and the tax will be exempted.

Shi Yining and his group came to the entrance of the Union Bank of Switzerland, and a staff member in a suit and white gloves immediately opened the heavy bank door.

After Shi Yining explained his purpose to the staff, he was led to the room for top-level customers, and the service staff served exquisite tea breaks and coffee immediately.

An hour later, Shi Yining and his party left the Union Bank of Switzerland. Several bank staff members cordially saw them off and bowed their heads in salute. They did not withdraw their etiquette until Shi Yining and his party walked out of the bank gate a hundred meters away.

Along the way, Shi Yining always had a weird smile on his face. He crossed his arms and made gestures from time to time, mumbling words, as if he was expressing something incomprehensible.

"Boss, don't be surprised. Have you forgotten the density of gold? Calculated at 19.32g/cubic centimeter, it's really only that big..."

Jack Li explained.

Huang Jiayan also had a weird expression on her face, and her golden size broke her conventional cognition.

Shi Yining smiled and shook his head, and said: "I thought it would be so majestic, but... who would have thought that more than 30 billion can be exchanged for more than half a cubic meter, outrageous, really outrageous!"

Just over half an hour ago, Shi Yining purchased ten tons of gold from UBS, and signed a very strict storage contract with UBS, which will keep it in UBS's private vault!

At first, Shi Yining thought that ten tons of gold would fill an entire safe house, but the result was very different from what he thought.

Even if it is cut into standardized gold bars, the total volume of ten tons of gold does not exceed one cubic meter. It is true that a safe house is allocated to store ten tons of gold, but it is pitifully small. The size of the entire safe house has not yet protected the insurance The door area of ​​the house is large.

The only thing that makes Shi Yining satisfied is that it is generally difficult for private individuals to obtain an independent insurance house from UBS, usually it is a safe drawer, at most it is a safe...

Except for a few giants, generally only the state will have independent insurance houses in the underground vaults of several banks in Switzerland.

He finally got his wish and saw the underground vault of the Swiss Bank. There were some differences between that place and the situation he had learned about through movies and TV series, including different security systems and defense measures.

He believes that the security measures he saw are just the tip of the iceberg, and there are more defense systems hidden in the dark.

"Yi Ning, if such a valuable thing is handed over to UBS for safekeeping, will there be any problems..."

Huang Jiayan had never seen so much gold in her life. Today she was lucky enough to follow Shi Yining into the underground vault. She was almost blinded when she saw the mountains of gold. Just imagine if the gold belonged to her, she would probably have trouble sleeping and eating.

Shi Yining smiled and waved his hands, and said: "With the security system and reputation of UBS, I think there is no problem. After all, I don't have a better place to store it."

Safety is the first issue that wealthy people must consider when storing their wealth.

With the status of a permanent neutral country and not being involved in World War II, it is generally believed that Zurich, Switzerland has the advantages of being safe and stable, and not affected by external situations. The complete secrecy system of Swiss banks is also known to the world. Deposits in Swiss banks, unless customers have Suspected of a crime, otherwise no institution or person is allowed to check the deposits and withdrawals in private accounts.

"If anyone else knows that I have deposited a large pile of gold in the Union Bank of Switzerland, I guess it must be from the few of you, hehe..."

Shi Yining made a serious joke, which immediately made several people around him look serious.

If the outside world found out that Shi Yining deposited ten tons of gold from the Union Bank of Switzerland in Zurich, it might really cause a series of unnecessary troubles.

Some things are so strange. When people know that a certain rich man has tens of billions of deposits, they will not feel anything, but when people know that the rich man has exchanged tens of billions of deposits for gold or some items of comparable value, it will be a big deal. The possibility of heart will be greatly increased...

Fortunately, the few people around me were people who could keep their mouths shut. They all said that they didn’t remember what they did when they went to UBS just now. They only remembered that they came out after drinking two cups of coffee. The short-term amnesia made people feel very strange.

Shi Yining was walking on Bahnhofstrasse and thought of the ten tons of gold that belonged to him buried under his feet. For some reason, he became full of confidence. Compared with a series of numbers in the bank, he preferred the feeling of exchanging money for real objects .

For Shi Yining, gold is not just an investment tool. In addition to being used in the financial system, gold itself has many irreplaceable places.

Gold cannot be manufactured artificially. As the king of hardware, gold is a rare metal with excellent chemical, physical and electronic properties. It has a wide range of applications. Various daily necessities also have a wide range of application space.

Shi Yining is not sure whether he will get involved in chemical industry, medical treatment, electronics, etc. in the future, but he can basically foresee that the sea monster power will develop towards aerospace!

Perhaps the engine he developed himself may be able to use gold, and even if the gold invested does not appreciate in value, there may be other magical effects.

In addition to its extremely developed financial system, Switzerland's beautiful scenery is also its unique label. Due to its rugged terrain, Switzerland is called the roof of Europe, with majestic snow-capped mountains, lush grasslands, rapid rivers and blue lakes.

However, Shi Yining doesn't have the time and mood to appreciate the beautiful scenery at present. He has to complete his main mission in Switzerland before he will have leisure time to enjoy the mountains and rivers.

On this trip, his main task was to find an excellent machine tool production company, and it is impossible for an excellent machine tool company to be established in a bustling capital like Zurich.

(End of this chapter)