Chapter 745
If audio player doesn't work, press Stop then Play button again
What would happen if an authoritative program began to report on a company that might be suspected of fraud?
The reason why authority is authority is that people often trust it unconditionally!
In the eyes of students, professors often represent authority. They will believe what the professor wrote on the blackboard, and few people will question it.
This is like the announcement issued by the government. After people understand it, they will not have any doubt about these announcements. Although some people will question it, it is rare.
Nothing can completely and thoroughly let everyone stand on the same side, and so is trust. If there is doubt, it is not a big problem. It is normal.
The power of authority is very terrible. If it is used well, it is a beacon to guide people. If it is not used well, it will become an inducement to disaster.
At this moment, people sitting in front of the TV watching this authoritative program, looking at the title written in gold on the TV screen, recall the short film they have just seen.
The investors and investors inside showed a crazy and distorted look as if they were occupied by the devil. Even some people who did not participate in it could feel that atmosphere, something that people were afraid of, but also some unspeakable yearning.
His majesty stopped eating. It was not the end of the meal. He just felt that it seemed to be getting out of control.
In the morning, the chancellor of the exchequer told him that everything was under control, but only at noon, these things showed some bad breath.
Even across the screen, the emperor could smell the stench and know where it came from - the nobility.
The dissatisfaction of the nobility has lasted for a long time. In the words of the nobility, they paid money and goods to help gavra win wars, but the war did not bring satisfactory returns, and they could not even break even.
Now, because of the shift of the focus of development, they have suffered additional losses, and they have long been very dissatisfied with his emperor.
Only the ministers unanimously supported him and suppressed the dissatisfaction of the nobles, but this does not mean that the nobles really have no ability to resist.
They must be doing something. His majesty waved his hand and asked people to remove all the food. Now he has no appetite at all.
Those fools didn't know that Lynch was planning to get along with the nobles these days!
But this also makes his majesty have some questions about how he planned and how he connected the nobles to complete all the layout quietly.
He was a little curious. Of course, he was more angry. It was really the wrong decision to let Lynch stay in gavra. He should be let go after the canonization!
In the TV program, the host and two famous financial practitioners in the Empire sat together. The host's expression is not particularly serious. Compared with the previous smile, it can make people feel the difference of this program.
While sorting out the manuscript, he asked, "just now everyone has seen the short film and seems to have a certain understanding of the bonds. I want to ask two financial experts, is it possible?"
He turned to the other two experts and continued to improve his question. "As long as they spend money to buy gold certificates, whether they can find gold or not, they can get 96% back in a year. Is it possible?"
"If they can really find gold, can the benefits brought by gold meet the high rate of return of gold bonds?"
Obviously, the two financial experts had done their homework before the program. One of them shook his head. He picked up a document and showed it to the camera. At the same time, the TV screen cut to another lens. The document completely appeared on the screen and was very clear.
A lot of data are listed above. At the same time, there is an expert explanation outside the picture, "this is the return rate of some of the world's most famous financial hedge funds last year, of which the highest is only 16%, and the foundation with the highest return rate in Bayer Federation only gives 13%
"The highest rate of return given by ourselves, all foundations and related organizations, is only 12 percent."
"These are reliable and formal financial institutions, and the founders or operators of some of them have left their names in history."
"These professionals can't give such a high rate of return. Why..." the picture cuts back to the studio, and there is a mockery on the expert's face, "why can a foreigner who hasn't gone to college give an annual rate of return of 96%?"
"The most interesting thing is that many people believe it!" his voice is exaggerated, as if he was saying "do you have a brain if you fucking believe it?".
The camera was quickly given to another expert, who then said, "let's talk about the benefits of gold mining."
"As of the last trading day of last week, the closing price of gold was only 22 VLA an ounce, and the price per ton was 770000 VLA."
"It seems that the price is very good, but we need to clarify an important factor. Refining a ton of high-purity gold requires not only time, but also various costs."
"At present, some data we can find give us a simple number. In ordinary gold mines, each ton of ore can provide less than 10 grams of gold."
"We calculate according to ten grams of gold, that is... About eight yuan."
"But if we dig out a ton of ore and crush it, then screen the part containing gold for crushing and smelting, our enterprise will have to pay about three to four yuan, including transportation."
"We have an inaccurate form here. The inaccuracy does not mean that it is more, but that this figure is much less than the actual figure, because many people have not registered and some people are unwilling to say the number of gold certificates they really hold."
The second expert took out a form and switched the lens again. "As far as we know, the purchase quantity of the first phase of gold bonds exceeded 10 million. We don't know how much it exceeds."
"Eight percent of 10 million is 800000. They have to purify at least three tons of pure gold every month to barely maintain their expenditure, let alone profits."
"But there is not only one issue of gold coupons, but also the second, third and even the fifth. I heard that the sales of gold coupons have begun and are very popular."
"At least hundreds of millions of gold bonds have been sold out, and they have to pay investors at least $8 million every month."
"What kind of gold mine do you have to dig to earn back this money? Is it a natural pure gold mine?"
"Of course, it is possible that Yuanrong capital has actually put a lot of gold mines into use, and they have enough reserves to do this. As they said, what they want to do is to make money with everyone. They are doing good."
The sarcasm in the language was almost undisguised, but no one laughed in the studio or in front of the TV screen. People realized how terrible this thing was.
The terrible thing is not its rate of return, but its first batch of gold coupons pulled tens of millions of funds and more rebates in the later stage.
In fact, this is also very normal. Anyone will be moved by the 96% annual return.
The host nodded and asked, "but the operation of Yuanrong capital is very good, and it has been successfully listed. We can't find any problems from their financial reports."
"The growth rate several times a month has exceeded the vast majority or even all enterprises in the Empire. Is there a problem with these? What's the problem?"
The two experts looked at each other. The expert pursed his mouth and nodded his head, "yes, host, there are not only problems, but also great problems."
"In fact, we have just said this problem. The higher the profit growth rate of Yuanrong capital, the more expenses it needs to bear every month."
"The expenditure of at least 8 million a month is not supported by the gold mine at all, because the latest financial report was two months ago. We can't know the specific operation of it now."
"I believe that now it should be larger and need to pay more funds every month. There may be 20 million or even 30 million."
The expert said with some inducement, "it's ok if there's no problem. Once there's a problem, the gold certificate will collapse completely."
The host's eyebrows screwed together, "do you mean that Yuanrong capital may not be able to afford those rebates?"
The second expert nodded, "in fact, we think this probability is very high, because we can't find an industry in line with its profitability in all industries at present."
"We do have some industries with a high proportion of profits, such as industries with dozens or hundreds of times of profits, but these industries are limited by various reasons, such as small scale, small output value, small sales or long cycle."
"Yuanrong capital also claims to use gold and gold as the main way to make profits, which is not in line with our assessment, so we think it may have lied in this regard."
Mining is to make money, but this money is not fast money. In short, every statement points to the same point, that is, Yuanrong capital is counterfeiting.
The host's expression became more and more dignified. He picked up a newspaper and showed it to the camera. "This is Ledu daily published today, which published a heavy news."
"By coincidence, a reporter found an important clue and made an unannounced visit to the gold mining area under Yuanrong capital."
"Last month they also publicized the mine..." the host picked up a newspaper on which a large group of people gathered in the mine with large or small gold ore in their hands for a group photo. "These investors went underground and dug their own ore."
"But now, the reporter found that the mining area had been abandoned as early as a few years ago, and found some more important information..."
The host kept showing that even if the audience who had not read Ledu daily had a general understanding, they still picked up the phone to order today's newspaper.
The host put down all the materials used for comparison and continued to ask, "let's make a bold assumption. If all gold mines do not exist, how does Yuanrong capital maintain the current situation?"
"How can they pay each rebate in full and on time and create better business performance?"
Please report us if you find any errors so we can fix it asap!
What would happen if an authoritative program began to report on a company that might be suspected of fraud?
The reason why authority is authority is that people often trust it unconditionally!
In the eyes of students, professors often represent authority. They will believe what the professor wrote on the blackboard, and few people will question it.
This is like the announcement issued by the government. After people understand it, they will not have any doubt about these announcements. Although some people will question it, it is rare.
Nothing can completely and thoroughly let everyone stand on the same side, and so is trust. If there is doubt, it is not a big problem. It is normal.
The power of authority is very terrible. If it is used well, it is a beacon to guide people. If it is not used well, it will become an inducement to disaster.
At this moment, people sitting in front of the TV watching this authoritative program, looking at the title written in gold on the TV screen, recall the short film they have just seen.
The investors and investors inside showed a crazy and distorted look as if they were occupied by the devil. Even some people who did not participate in it could feel that atmosphere, something that people were afraid of, but also some unspeakable yearning.
His majesty stopped eating. It was not the end of the meal. He just felt that it seemed to be getting out of control.
In the morning, the chancellor of the exchequer told him that everything was under control, but only at noon, these things showed some bad breath.
Even across the screen, the emperor could smell the stench and know where it came from - the nobility.
The dissatisfaction of the nobility has lasted for a long time. In the words of the nobility, they paid money and goods to help gavra win wars, but the war did not bring satisfactory returns, and they could not even break even.
Now, because of the shift of the focus of development, they have suffered additional losses, and they have long been very dissatisfied with his emperor.
Only the ministers unanimously supported him and suppressed the dissatisfaction of the nobles, but this does not mean that the nobles really have no ability to resist.
They must be doing something. His majesty waved his hand and asked people to remove all the food. Now he has no appetite at all.
Those fools didn't know that Lynch was planning to get along with the nobles these days!
But this also makes his majesty have some questions about how he planned and how he connected the nobles to complete all the layout quietly.
He was a little curious. Of course, he was more angry. It was really the wrong decision to let Lynch stay in gavra. He should be let go after the canonization!
In the TV program, the host and two famous financial practitioners in the Empire sat together. The host's expression is not particularly serious. Compared with the previous smile, it can make people feel the difference of this program.
While sorting out the manuscript, he asked, "just now everyone has seen the short film and seems to have a certain understanding of the bonds. I want to ask two financial experts, is it possible?"
He turned to the other two experts and continued to improve his question. "As long as they spend money to buy gold certificates, whether they can find gold or not, they can get 96% back in a year. Is it possible?"
"If they can really find gold, can the benefits brought by gold meet the high rate of return of gold bonds?"
Obviously, the two financial experts had done their homework before the program. One of them shook his head. He picked up a document and showed it to the camera. At the same time, the TV screen cut to another lens. The document completely appeared on the screen and was very clear.
A lot of data are listed above. At the same time, there is an expert explanation outside the picture, "this is the return rate of some of the world's most famous financial hedge funds last year, of which the highest is only 16%, and the foundation with the highest return rate in Bayer Federation only gives 13%
"The highest rate of return given by ourselves, all foundations and related organizations, is only 12 percent."
"These are reliable and formal financial institutions, and the founders or operators of some of them have left their names in history."
"These professionals can't give such a high rate of return. Why..." the picture cuts back to the studio, and there is a mockery on the expert's face, "why can a foreigner who hasn't gone to college give an annual rate of return of 96%?"
"The most interesting thing is that many people believe it!" his voice is exaggerated, as if he was saying "do you have a brain if you fucking believe it?".
The camera was quickly given to another expert, who then said, "let's talk about the benefits of gold mining."
"As of the last trading day of last week, the closing price of gold was only 22 VLA an ounce, and the price per ton was 770000 VLA."
"It seems that the price is very good, but we need to clarify an important factor. Refining a ton of high-purity gold requires not only time, but also various costs."
"At present, some data we can find give us a simple number. In ordinary gold mines, each ton of ore can provide less than 10 grams of gold."
"We calculate according to ten grams of gold, that is... About eight yuan."
"But if we dig out a ton of ore and crush it, then screen the part containing gold for crushing and smelting, our enterprise will have to pay about three to four yuan, including transportation."
"We have an inaccurate form here. The inaccuracy does not mean that it is more, but that this figure is much less than the actual figure, because many people have not registered and some people are unwilling to say the number of gold certificates they really hold."
The second expert took out a form and switched the lens again. "As far as we know, the purchase quantity of the first phase of gold bonds exceeded 10 million. We don't know how much it exceeds."
"Eight percent of 10 million is 800000. They have to purify at least three tons of pure gold every month to barely maintain their expenditure, let alone profits."
"But there is not only one issue of gold coupons, but also the second, third and even the fifth. I heard that the sales of gold coupons have begun and are very popular."
"At least hundreds of millions of gold bonds have been sold out, and they have to pay investors at least $8 million every month."
"What kind of gold mine do you have to dig to earn back this money? Is it a natural pure gold mine?"
"Of course, it is possible that Yuanrong capital has actually put a lot of gold mines into use, and they have enough reserves to do this. As they said, what they want to do is to make money with everyone. They are doing good."
The sarcasm in the language was almost undisguised, but no one laughed in the studio or in front of the TV screen. People realized how terrible this thing was.
The terrible thing is not its rate of return, but its first batch of gold coupons pulled tens of millions of funds and more rebates in the later stage.
In fact, this is also very normal. Anyone will be moved by the 96% annual return.
The host nodded and asked, "but the operation of Yuanrong capital is very good, and it has been successfully listed. We can't find any problems from their financial reports."
"The growth rate several times a month has exceeded the vast majority or even all enterprises in the Empire. Is there a problem with these? What's the problem?"
The two experts looked at each other. The expert pursed his mouth and nodded his head, "yes, host, there are not only problems, but also great problems."
"In fact, we have just said this problem. The higher the profit growth rate of Yuanrong capital, the more expenses it needs to bear every month."
"The expenditure of at least 8 million a month is not supported by the gold mine at all, because the latest financial report was two months ago. We can't know the specific operation of it now."
"I believe that now it should be larger and need to pay more funds every month. There may be 20 million or even 30 million."
The expert said with some inducement, "it's ok if there's no problem. Once there's a problem, the gold certificate will collapse completely."
The host's eyebrows screwed together, "do you mean that Yuanrong capital may not be able to afford those rebates?"
The second expert nodded, "in fact, we think this probability is very high, because we can't find an industry in line with its profitability in all industries at present."
"We do have some industries with a high proportion of profits, such as industries with dozens or hundreds of times of profits, but these industries are limited by various reasons, such as small scale, small output value, small sales or long cycle."
"Yuanrong capital also claims to use gold and gold as the main way to make profits, which is not in line with our assessment, so we think it may have lied in this regard."
Mining is to make money, but this money is not fast money. In short, every statement points to the same point, that is, Yuanrong capital is counterfeiting.
The host's expression became more and more dignified. He picked up a newspaper and showed it to the camera. "This is Ledu daily published today, which published a heavy news."
"By coincidence, a reporter found an important clue and made an unannounced visit to the gold mining area under Yuanrong capital."
"Last month they also publicized the mine..." the host picked up a newspaper on which a large group of people gathered in the mine with large or small gold ore in their hands for a group photo. "These investors went underground and dug their own ore."
"But now, the reporter found that the mining area had been abandoned as early as a few years ago, and found some more important information..."
The host kept showing that even if the audience who had not read Ledu daily had a general understanding, they still picked up the phone to order today's newspaper.
The host put down all the materials used for comparison and continued to ask, "let's make a bold assumption. If all gold mines do not exist, how does Yuanrong capital maintain the current situation?"
"How can they pay each rebate in full and on time and create better business performance?"
What would happen if an authoritative program began to report on a company that might be suspected of fraud?The reason why authority is authority is that people often trust it unconditionally!In the eyes of students, professors often represent authority. They will believe what the professor wrote on the blackboard, and few people will question it.This is like the announcement issued by the government. After people understand it, they will not have any doubt about these announcements. Although some people will question it, it is rare.Nothing can completely and thoroughly let everyone stand on the same side, and so is trust. If there is doubt, it is not a big problem. It is normal.The power of authority is very terrible. If it is used well, it is a beacon to guide people. If it is not used well, it will become an inducement to disaster.At this moment, people sitting in front of the TV watching this authoritative program, looking at the title written in gold on the TV screen, recall the short film they have just seen.The investors and investors inside showed a crazy and distorted look as if they were occupied by the devil. Even some people who did not participate in it could feel that atmosphere, something that people were afraid of, but also some unspeakable yearning.His majesty stopped eating. It was not the end of the meal. He just felt that it seemed to be getting out of control.In the morning, the chancellor of the exchequer told him that everything was under control, but only at noon, these things showed some bad breath.Even across the screen, the emperor could smell the stench and know where it came from - the nobility.The dissatisfaction of the nobility has lasted for a long time. In the words of the nobility, they paid money and goods to help gavra win wars, but the war did not bring satisfactory returns, and they could not even break even.Now, because of the shift of the focus of development, they have suffered additional losses, and they have long been very dissatisfied with his emperor.Only the ministers unanimously supported him and suppressed the dissatisfaction of the nobles, but this does not mean that the nobles really have no ability to resist.They must be doing something. His majesty waved his hand and asked people to remove all the food. Now he has no appetite at all.Those fools didn't know that Lynch was planning to get along with the nobles these days!But this also makes his majesty have some questions about how he planned and how he connected the nobles to complete all the layout quietly.He was a little curious. Of course, he was more angry. It was really the wrong decision to let Lynch stay in gavra. He should be let go after the canonization!In the TV program, the host and two famous financial practitioners in the Empire sat together. The host's expression is not particularly serious. Compared with the previous smile, it can make people feel the difference of this program.While sorting out the manuscript, he asked, "just now everyone has seen the short film and seems to have a certain understanding of the bonds. I want to ask two financial experts, is it possible?"He turned to the other two experts and continued to improve his question. "As long as they spend money to buy gold certificates, whether they can find gold or not, they can get 96% back in a year. Is it possible?""If they can really find gold, can the benefits brought by gold meet the high rate of return of gold bonds?"Obviously, the two financial experts had done their homework before the program. One of them shook his head. He picked up a document and showed it to the camera. At the same time, the TV screen cut to another lens. The document completely appeared on the screen and was very clear.A lot of data are listed above. At the same time, there is an expert explanation outside the picture, "this is the return rate of some of the world's most famous financial hedge funds last year, of which the highest is only 16%, and the foundation with the highest return rate in Bayer Federation only gives 13%"The highest rate of return given by ourselves, all foundations and related organizations, is only 12 percent.""These are reliable and formal financial institutions, and the founders or operators of some of them have left their names in history.""These professionals can't give such a high rate of return. Why..." the picture cuts back to the studio, and there is a mockery on the expert's face, "why can a foreigner who hasn't gone to college give an annual rate of return of 96%?""The most interesting thing is that many people believe it!" his voice is exaggerated, as if he was saying "do you have a brain if you fucking believe it?".The camera was quickly given to another expert, who then said, "let's talk about the benefits of gold mining.""As of the last trading day of last week, the closing price of gold was only 22 VLA an ounce, and the price per ton was 770000 VLA.""It seems that the price is very good, but we need to clarify an important factor. Refining a ton of high-purity gold requires not only time, but also various costs.""At present, some data we can find give us a simple number. In ordinary gold mines, each ton of ore can provide less than 10 grams of gold.""We calculate according to ten grams of gold, that is... About eight yuan.""But if we dig out a ton of ore and crush it, then screen the part containing gold for crushing and smelting, our enterprise will have to pay about three to four yuan, including transportation.""We have an inaccurate form here. The inaccuracy does not mean that it is more, but that this figure is much less than the actual figure, because many people have not registered and some people are unwilling to say the number of gold certificates they really hold."The second expert took out a form and switched the lens again. "As far as we know, the purchase quantity of the first phase of gold bonds exceeded 10 million. We don't know how much it exceeds.""Eight percent of 10 million is 800000. They have to purify at least three tons of pure gold every month to barely maintain their expenditure, let alone profits.""But there is not only one issue of gold coupons, but also the second, third and even the fifth. I heard that the sales of gold coupons have begun and are very popular.""At least hundreds of millions of gold bonds have been sold out, and they have to pay investors at least $8 million every month.""What kind of gold mine do you have to dig to earn back this money? Is it a natural pure gold mine?""Of course, it is possible that Yuanrong capital has actually put a lot of gold mines into use, and they have enough reserves to do this. As they said, what they want to do is to make money with everyone. They are doing good."The sarcasm in the language was almost undisguised, but no one laughed in the studio or in front of the TV screen. People realized how terrible this thing was.The terrible thing is not its rate of return, but its first batch of gold coupons pulled tens of millions of funds and more rebates in the later stage.In fact, this is also very normal. Anyone will be moved by the 96% annual return.The host nodded and asked, "but the operation of Yuanrong capital is very good, and it has been successfully listed. We can't find any problems from their financial reports.""The growth rate several times a month has exceeded the vast majority or even all enterprises in the Empire. Is there a problem with these? What's the problem?"The two experts looked at each other. The expert pursed his mouth and nodded his head, "yes, host, there are not only problems, but also great problems.""In fact, we have just said this problem. The higher the profit growth rate of Yuanrong capital, the more expenses it needs to bear every month.""The expenditure of at least 8 million a month is not supported by the gold mine at all, because the latest financial report was two months ago. We can't know the specific operation of it now.""I believe that now it should be larger and need to pay more funds every month. There may be 20 million or even 30 million."The expert said with some inducement, "it's ok if there's no problem. Once there's a problem, the gold certificate will collapse completely."The host's eyebrows screwed together, "do you mean that Yuanrong capital may not be able to afford those rebates?"The second expert nodded, "in fact, we think this probability is very high, because we can't find an industry in line with its profitability in all industries at present.""We do have some industries with a high proportion of profits, such as industries with dozens or hundreds of times of profits, but these industries are limited by various reasons, such as small scale, small output value, small sales or long cycle.""Yuanrong capital also claims to use gold and gold as the main way to make profits, which is not in line with our assessment, so we think it may have lied in this regard."Mining is to make money, but this money is not fast money. In short, every statement points to the same point, that is, Yuanrong capital is counterfeiting.The host's expression became more and more dignified. He picked up a newspaper and showed it to the camera. "This is Ledu daily published today, which published a heavy news.""By coincidence, a reporter found an important clue and made an unannounced visit to the gold mining area under Yuanrong capital.""Last month they also publicized the mine..." the host picked up a newspaper on which a large group of people gathered in the mine with large or small gold ore in their hands for a group photo. "These investors went underground and dug their own ore.""But now, the reporter found that the mining area had been abandoned as early as a few years ago, and found some more important information..."The host kept showing that even if the audience who had not read Ledu daily had a general understanding, they still picked up the phone to order today's newspaper.The host put down all the materials used for comparison and continued to ask, "let's make a bold assumption. If all gold mines do not exist, how does Yuanrong capital maintain the current situation?""How can they pay each rebate in full and on time and create better business performance?"
