Car-hailing Driver: Rewards from Complaints

Chapter 629: Chapter 258: Jiang Family’s Background, 30 Billion Gold Fraud (Part 2)

For example.

The average price for Jinling Phoenix Gold Ornaments to mortgage 85 tons of gold to get 30 billion funds is 353 yuan per gram, while the current gold price is 365 yuan per gram.

If it’s the second redemption condition, the company has already lost 10 yuan per gram.

Yang Chen quickly called Qiu Yuhong, ordering him to check the content of the mortgage contract between Jinling Phoenix Gold Ornaments and the bank, to see how the two parties agreed on the redemption conditions: whether it’s based on the 30 billion standard or the current gold price standard.

Qiu Yuhong hurriedly instructed Shield Security Group, Jinling Branch to investigate.

Since it required bribing bank insiders to see the contract, it wasn’t until two in the afternoon that there was a response.

Qiu Yuhong sent Yang Chen some photos, all of which were contracts for mortgage loans between Jinling Phoenix Gold Ornaments and several banks and financial institutions.

Among them, the redemption condition is stipulated to be based on the real-time gold price for redeeming that 85 tons of gold.

Yang Chen was overjoyed at once, which also means that as long as the gold price rises, the Jiang Family has to pay more money.

Previously, the gold price was 355 yuan per gram, and to redeem 85 tons of gold, it only needed to give the bank 30 billion funds.

If the gold price rises to 500 yuan per gram now, to redeem 85 tons of gold, the Jiang Family needs to pay the bank 42.5 billion funds.

This comparison clearly shows the huge impact of the rise in gold prices on the Jiang Family.

However, as a global hard currency, the rise and fall of gold prices are not something that one or two people can decide. Besides the big shots on Wall Street, only governments of countries like the United States can control gold prices through some policies.

Asking governments to control gold prices is obviously unlikely, and asking Wall Street giants to unanimously be bullish on gold prices is also unrealistic. Yang Chen doesn’t have the ability to demand them to do so.

So, there’s only one way left, and that is to have accidents happen in the world’s major gold mines, leading to a global shortage in gold production. With the international market’s gold supply reduced, the price will naturally go up.

Restoring normal production at the mines would take some time, during which Yang Chen could take down the Jiang Family.

Yang Chen decided to act right away and sent orders to Qiu Yuhong.

Yang Chen repeatedly emphasized that the main goal of this operation was to delay gold mine production.

Understanding Yang Chen’s true intent, Qiu Yuhong immediately contacted and started preparations.

There’s no denying that power lies in numbers. As long as it’s not overdone, they can do as they please. Manipulating gold prices isn’t too difficult.

Yang Chen had prepared everything, just waiting for Jiang Anbang to take action.

To create an opportunity for Jiang Anbang to act, Yang Chen even deliberately found an excuse to delay for two days.

Once Wang Anshuang arrived in Jinling City, Yang Chen contacted the two Young Masters of the Ning Family to visit Jinling City’s third-ranked gambling den — Cui Shi Studio, that evening.

Ning Shaolong got the message and felt that tonight was the best chance to act.

Once Yang Chen returns to Hai City tomorrow, it will be difficult to act.

Ning Shaolong immediately sent a message to Jiang Anbang.

"At ten tonight, we’ll go to Cui Shi Studio to play. I’ll try to delay until early morning, and take them through the demolition area near Liu Family Village. It’s all ruins, with no one within a three-mile radius. We’ll act there."

Jiang Anbang quickly replied.

"Alright! After tonight, you’ll be the sole heir of the Ning Family. Congratulations."

Ning Shaolong was so happy he almost took flight, quickly responding: "Thank you. I’ll always remember Young Master Jiang’s kindness, and I’ll never skimp on the benefits I promised. In the future, our families can collaborate more and make more money together."

Jiang Anbang replied: "Haha... no problem! When we both become patriarchs in the future, our families can collaborate extensively and earn big money together."

The two young masters were already envisioning their future good days.

At ten in the evening, Yang Chen and company arrived at Cui Shi Studio.

As Jinling City’s third-largest gambling den, the business here couldn’t originally compete with Treasure Hunting Pavilion and Emerald Gathering. However, because Treasure Hunting Pavilion had acquired a bad reputation, some of its regulars shifted to Cui Shi Studio, so its business improved.

Now, the place, which wasn’t particularly spacious to begin with, was exceptionally crowded.

Cui Shi Studio doesn’t have any major families backing it. It’s primarily controlled by Fukang Jewelry Co., Ltd., which in turn is a subsidiary of the listed company, Fugui Gold.

In this way, they have a solid background.

Not long after Yang Chen and company arrived, the store manager, Zheng Kangjun, came out to drive them away.

Since there were lots of players, Zheng Kangjun didn’t openly kick them out but instead stated that Yang Chen and company had a poor relationship with Treasure Hunting Pavilion and Cui Shi Studio, being weaker, didn’t want any misunderstandings with Treasure Hunting Pavilion and the Jiang Family. Therefore, they were not welcome to play there.

Ning Shaolong was the most excited, as he needed to keep Yang Chen and Ning Shaoqing until two or three in the morning when they passed by the demolition area.

If they were driven away by Zheng Kangjun now, how could they delay until then?

Ning Shaolong immediately said, "Manager Zheng, what do you mean by this? Cui Shi Studio is open for business. Does it mean you only allow those who can’t win to play, and only let others watch the money being counted?"

Ning Shaoqing: "If you’re not going to play by the rules of the game, then we don’t have to. If you’re not letting us play, then no one else should either. You might as well close Cui Shi Studio down."

Zheng Kangjun: "Young Masters Ning, why make things difficult for our small shop? I’m just a staff working for someone else. Making it difficult for a working person like me doesn’t really make sense, does it?"