Reborn in America, I'm serious about making money.

Chapter 325 Gold Laundering Industry

"Boss, are we leaving Hong Kong after disposing of so many fixed assets?"

As Zhang San's secretary, Amy knew some business matters, especially the reports that had recently come from Hong Kong, which showed that they were clearing out a huge amount of assets.

"No, I'm just temporarily tightening up. You know, the economy has cycles. This kind of rapid development is like a climax followed by a refractory period. The more enjoyable it is at the time, the more painful it will be later."

What Zhang San didn't say was that every economic cycle is caused by debt accumulating to a certain level, leading to an imbalance between upstream and downstream industries, which in turn causes an economic crisis.

Of course, this is why the US cuts interest rates and then raises them; this creates economic tides. The higher the tide rises, the more powerful it is, and when the tide recedes, you'll find out who's swimming naked.

Excessive lending allows ordinary people, or those with low incomes or even no ability to repay, to live the life they once wanted through loans, unaware that it's like a night-blooming cereus, blooming briefly before withering away.

What is this? It stems from people's pursuit of beautiful things and their inner greed.

Those who cannot control their debts will inevitably face destruction.

"Then why clean up the real estate there? And why invest in the stock market there?"

Zhang San said, "I only see the overheated real estate and stock markets, and the Fed is going to raise interest rates again. Isn't that reason enough? Real estate is the slowest asset to liquidate, while the stock market is a relatively easy asset to liquidate."

Amy may have misunderstood something. He didn't intend to clear out Hong Kong and withdraw the cash. Instead, he wanted to hedge against risks. It was almost 2006, and money earned from investing in the stock market would definitely be easier to liquidate than money earned from real estate.

In his view, since he was going to reap the rewards anyway, why not let himself be the one to reap them? What has all the money he made become now?

Mainland China now boasts the world's largest mobile phone industry chain, from production tools such as lithography machines, chip mounters, and mobile phone accessory factories to downstream mobile phone assembly plants and sales channels.

As the largest supermarket and supply chain retail enterprise in mainland China, it has accelerated the development of some industrial chains in mainland China in various aspects, enabling more people to have jobs.

Moreover, they possess vast arable land globally, enabling them to develop local agriculture, establish themselves as agricultural nations, and become a link in the industrial chain.

It can be said that Zhang San is the world's largest landowner and the largest grain supplier and producer outside of the four major grain traders (ABCD).

Of course, it is also the world's largest global retailer and supplier of electronic products.

These require huge cash flows, which naturally necessitates a bank to ensure the security and secrecy of these cash flows.

The overseas bank's deposits are actually not much. Compared to other major banks in Hong Kong, it has fewer depositors and fewer branches. However, its capital reserves are increasing day by day. It is this global trade that brings abundant cash flow.

However, this cash is now increasingly being converted into gold. Overseas banks have always been the world's largest buyers of gold, with futures trading seats in London, New York, and Hong Kong, making them major supporters of spot gold.

The main reason is that there is too much money, so it can only be converted into other precious metals that can appreciate in value.

In addition to gold, the buyer also holds reserves of various precious metals such as silver, platinum, and palladium, and is also a global rare earth enthusiast...

In Zhang San's view, money can only realize its value when it is in circulation, so he bought many things.

Moreover, he has invested in the circular economy, the largest of which is the recycling, refurbishment, dismantling, and reuse of electronic products.

This is also the largest source of his gold reserves. Why did he invest? Mainly because of a news report.

There is a place in Guangdong Province where every family owns a self-built house like a villa, but the environment there is extremely poor, with toxic soil and water everywhere. They dismantle and recycle electronic products there, and the most important part of the process is called gold washing.

How influential is this place?

Shenzhen has a gold trading center, which is the world's largest distribution center for gold jewelry. If the gold supply in that area decreases, the price of gold at the Shenzhen gold trading center will rise; if the supply increases, the price of gold in that area will fall.

Sometimes, it even affects global gold prices, and that's no joke.

This shows how large-scale the gold washing operation was. It is said that a recycling industrial park was later built there, which improved the environment.

Zhang San, with his unique advantages, naturally wanted to get involved; a mobile phone contains a lot of metal and plastic.

It has very high levels of iron, silver, lead, copper, palladium, and gold, as well as plastics. It owns the world's largest mobile phone retail channel, so it can naturally offer trade-ins and establish recycling channels.

You could even have someone travel all over the country collecting mobile phones, which would save even more costs.

Li Damao had worked in Shenzhen for many years. Later, he discovered that some people would drive a van from Shenzhen and return a few months later, their vans filled with mobile phones, computers, and digital products.

Then he sold them to big buyers here. He noticed that these people left happily after selling them, which piqued his curiosity. Later, a friend told him that these people were buying up goods from all over the country and then selling them here. They could make hundreds of thousands of yuan in one round trip.

Later, he also embarked on this path. At first, he didn't have much capital, so he could only "exchange mobile phones and computers for iron basins".

Six months later, he owned his own van and started collecting vans near Shenzhen. After accumulating capital, he began collecting vans nationwide.

It can be said that along the way, they often ate in the open and slept in the open, and it was common for them to save money.

His route starts from Shenzhen, passes through Fujian, Zhejiang, Shanghai, and Anhui provinces, which is about halfway through the journey. Then he passes through Jiangsu and Hubei provinces before circling back to Shenzhen.

Once we arrived in Shenzhen, we sold all of these items; someone would buy them in cash.

There's a street in Shenzhen where people hire "Sanhe Gods" (a group of business owners from Sanhe) to do inventory. Basically, every day, merchants like Li Damao come and go in droves.

Zhang San also set up a collection point here, specializing in buying up digital waste from these people and turning it into treasure.

In addition to these, he also set up mobile phone refurbishment and dismantling points near the provincial capitals of various provinces, separating good mobile phones into different categories and reassembling unusable parts.

Refurbished phones are sold to places like South America and Africa.

Some of these will be converted into metals, such as gold, palladium, and silver, and will become industrial raw materials. The rest will be stored in the vaults of overseas banks.

This alone will bring him a net profit of three billion US dollars a year.

Zhang San is an environmentally conscious person who benefits humanity!

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