Research starts with PhD students

Chapter 272 Technical information exposed, annual output of tons? Decision-making meeting!

The panic drop in international gold prices lasted for a week, or five trading days, with a total drop of 32%, setting a historical record for the single-week drop.

Even during the economic crisis or other special periods, gold has never experienced such a huge drop in a single week.

Those who followed the price of gold felt like they were witnessing history.

In the next week, the price of gold gradually stabilized, and the decline or increase was not significant.

At this point, the "gold game" in the international market has come to a temporary end.

As the gold game comes to an end, the capital that has recently been bold enough to short sell has made a fortune, and many gambler-like investors have suddenly become rich, which can be described as becoming rich overnight.

But in fact, the price of gold fell sharply, and most investors and capital suffered losses.

Domestic mainstream capital also made a fortune. Banks that sold physical gold obtained direct profits, but those who made conventional gold investments all suffered losses. In addition, the gold industry led to a decline in the stock market, so only a few people achieved positive returns in the gold game.

The situation internationally is much bleaker, because mainstream international capital is long, at least to keep gold stable.

Except for some investors who shorted like gamblers, most of them suffered losses. News broke that some well-known financial investors lost all their assets overnight and were heavily in debt, so they had no choice but to file for bankruptcy.

Ben Nelson Muhammad was one of them. He followed the international mainstream capital to go long on gold and bought a lot of leveraged futures. After the gold price plummeted, he immediately fell on the verge of bankruptcy.

In addition, physical gold transactions caused Kuwait Petroleum to suffer heavy losses, and the company's settlement behavior bypassing the international payment system was also punished by the American side.

Ben Nelson was undoubtedly the scapegoat.

He was fired.

With personal bankruptcy and setbacks at work, it can be expected that his future will be bleak.

There are many investors similar to Ben Nelson in the international community who followed mainstream capital to make a fortune, but they all suffered huge losses.

International physical gold has actually not been greatly affected.

For those companies, banks or financial institutions that own large amounts of physical gold, their gold is still in their hands, and its value is just a number.

Even though the price of gold has fallen significantly, it is still a precious metal and it has not affected its currency and reserve value.

Over the past decade, the price of gold has more than doubled, and now the decline is far less than 50%, which means that it has not fallen below the price of more than a decade ago.

Therefore, gold itself was not greatly affected, and a large amount of losses occurred in the financial market.

The gold game has only come to a stage, not over.

What is ending now is the financial game, and most international capital is very cautious at this time.

The country has released a series of policies and information to let the world know that there is a technology for mass production of gold.

There are still many questions.

For example, what are the specific technologies for mass-producing gold?
What is the cost?
What raw materials are needed?

What is the annual output?

and many more.

This information is all unknown and has become the focus of international attention.

At present, the international community generally believes that the technology to make gold exists, but no one knows how to make it.

At the same time, there is a group of people who do not believe in the technology of gold making at all.

That's academia.

Even though there is a lot of news internationally, many scholars have questioned the existence of technology to mass produce gold, saying, "There is simply no such technology!"

"Without theoretical support and principles, it is impossible to produce gold in large quantities manually. Even if it can be produced, the cost is very high."

"I think this is just a farce of financial speculation. Perhaps the so-called technology is just efficient refining. The raw materials still require large quantities of gold ore."

The academic community simply doesn't believe it.

Most scholars are very stubborn, especially the top scholars, who are very confident in their academic knowledge.

They simply did not believe that there was a technology that could artificially produce gold in large quantities.

“Even if it can be mass-produced, it will definitely cost a lot!”

“Even more than the price of gold itself!”

This is the general view in the academic community, and many scholars have come forward to question it. At the same time, the international community is also paying close attention to the technology.

Against this background, domestic press conferences have also attracted much attention.

Every time a press conference is held, many reporters ask questions about gold manufacturing technology.

The press officer gave a positive answer that day, "In response to questions raised by the international community, we confirm that the technology to mass produce gold exists."

“This new technology can enable gold to be used on a large scale, rather than being limited to certain special fields.”

“At the same time, technology is related to the study of new physics.”

The last sentence is the key point.

Many people who had doubts but believed in the existence of new technologies suddenly understood.

"So this is research into new physics. That makes sense!"

"Anything is possible in the new physics direction. Gravity technology has been confirmed to exist. Gravity can be artificially created, so why is it so strange to be able to manufacture gold on a large scale?"

"Artificially creating gravity is much more incredible than artificially creating gold, because the latter has already been achieved, while gravity was simply unimaginable before it appeared."

"As early as the last century, scientists have achieved the artificial production of gold, but the production cost is much higher than the value of gold."

"Gravity. There's no theory."

Before the emergence of new physics, there was no theoretical support for artificially creating gravity, because gravity is a force that only exists in massive stars.

How can humans create gravity if they just live on Earth?
Artificially made gold is different. Scientists created gold decades ago. The principle is to make the nuclei of large elements lose protons and neutrons.

This technology can be achieved through particle collisions.

Some scientists use special techniques to turn larger elements into gold, but none of the techniques are cost-effective.

It is normal to think that in the current research on new physics directions, a cost-effective method of producing gold has been discovered.

When the news appeared in public opinion, some scholars who held a negative attitude kept silent about it, and at the same time, they became more interested in the technology of making gold.

Many people believe that the technology for making gold may be a new physics.

Other countries are also very interested in technology. Of course, it is not just interest, but also involves huge interests.

The most important thing is the pricing power of gold.

In the gold game, they have already lost the first stage and suffered a lot of losses, but gold itself has not been affected. It is still a precious metal that can be used for reserves and still has the attributes of currency. New technical information will directly affect the second stage of the gold game.

If new technology requires a high cost or is not manufactured quickly, gold's status will not decline.

At the same time, it does not affect the ownership of gold pricing power.

If the country has the right to set gold prices, it means that the downstream gold market will be completely controlled, and all gold-related industries will be affected.

This impact will continue to expand as the price of gold falls.

Because the price of gold itself is also related to the market size of industrial applications.

When gold can truly be produced in large quantities and supplied in a steady stream, the application market of gold will continue to expand, and the pricing power of gold will become increasingly important.

By then, they will suffer even greater losses, and they will continue to suffer losses.

……

After a period of time, a lot of information was revealed.

Soon, public opinion linked gold manufacturing to last year's ion cluster attack on satellites.

"Ion clusters hitting satellites is an incomprehensible reaction."

"That is a new physics technology that has been mastered in China. We still don't have any information about it, but judging from the situation of the satellite debris, a nuclear reaction is very likely to have occurred."

"This new nuclear reaction is very likely to change the properties of elements, and it is possible to create gold."

After the public speculation of the so-called "possibility", a lot of information was exposed.

The first is the approximate location of the gold production base.

Once the location of the production site was revealed, more information became available.

For example, "That's a military-controlled area, and they're probably developing new technology there!"

"There are many trucks transporting raw materials to the base. It is uncertain whether there is gold ore among them, but there must be mercury and lead materials."

"Such a large amount of mercury and lead materials were transported in. The new technology is likely to be related to the mercury and lead elements, that is, mercury and lead are converted into gold elements using the new technology."

After this news broke, the prices of mercury and lead compounds rose sharply.

The information related to the experimental reaction of ion clusters hitting satellites and the new technology of gold making, which was speculated by the public, was also confirmed.

At the same time, the confirmed information also includes that many domestic smelting companies have received gold-related refining orders.

The orders vary in size, but the total has exceeded one thousand tons.

This number is very scary.

If gold is produced 1000 tons more a year, it would be normal for the gold price to drop by half, and the actual decline will be even more severe.

Because the new technology uses other elements to make gold, it is almost the same as "creating it out of thin air".

It turns out that gold cannot be artificially manufactured, it can only be refined from gold ore. The gold resources on the earth's surface are limited, so gold will always maintain its value.

Now that gold can be produced from other elemental materials, as long as the information that the technology exists is confirmed, the price of gold will inevitably fall sharply.

This is because technology is constantly improving.

With the expectation of technological improvement, gold production will increase in the future, and a sharp drop in prices is inevitable.

The reality is that as more news is revealed, the international gold price has been falling.

In just one month, the price of gold has fallen 50% from its initial level.

……

An internal meeting is being held in a conference room in a building in the capital.

There were more than a dozen teachers participating in the meeting, as well as people from decision-making think tanks and several famous economists.

Zhang Shuo and Liu Xu were also present and were invited to attend the meeting.

This meeting is related to the formulation of gold-related policies.

Zhang Shuo came to participate mainly to introduce gold manufacturing technology, and talk about issues such as technology research and development, technology improvement expectations, and stability.

Liu Xu talked about production and manufacturing. "We are continuously expanding production, mainly by increasing the scale of our base and the number of equipment."

"What currently limits production speed is the number of equipment, the power supply, and finally the refining speed. However, after cooperating with enterprises, the latter is no longer a problem."

"Based on the current rate of equipment growth, as long as there is sufficient power supply, it is expected that the annual gold production will reach 10,000 tons in three years."

This is estimated data.

The main limitation is still the power supply. If we want to have unlimited power supply, we not only need to build large power stations near the base, but also build new bases in other areas.

For example, in areas with sufficient electricity supply, or around other large power stations.

If these places can provide sufficient electricity supply, they can provide a steady supply of electricity for the new manufacturing base.

The number of devices is not a problem.

According to the original plan for the development of the ion cannon, it would take two years to put the ion cannon into service.

With the support of higher authorities for the research and development of ion cannon-related technologies, many components can be mass-produced.

Although key components still need to be manufactured manually, the manufacturing speed of ion cannon components is getting faster and faster. Under the current circumstances, there is no problem in manufacturing more than 20 units a year.

If production is expanded on a large scale, it would be possible to manufacture hundreds of units a year.

After Liu Xu explained the manufacturing situation, the teachers attending the meeting had a clear idea in their minds.

The next speaker is a professional scholar. Chen Mingshang is highly anticipated. He has been engaged in information research in the fields of metal materials industry, electronic manufacturing, high-tech, etc.

Amidst the attention of many, Chen Mingshang said, "Professor Liu Xu just mentioned the manufacturing scale. Within three years, the annual output of gold can reach 10,000 tons."

"This figure is far beyond the current scale of industrial application of gold."

"With the current gold price, even if it drops by another 50%, the industrial market will not be able to absorb so much gold."

He explained, "In areas including high-tech and electronic equipment, the use of gold materials is very limited."

“In many industrial fields, gold is the best material, but due to its high price, it has been replaced by other inferior materials or technologies.”

"To expand the scale of gold applications, the price of gold must continue to fall significantly."

"Although we haven't come up with a specific number yet, I personally estimate that the price of gold per gram should be reduced to 100 or even lower before gold can replace other materials or technologies on a large scale in many industrial fields."

"In this way, the scale of the gold application market will also increase greatly, possibly by dozens, hundreds, or even more times..."

(End of this chapter)