Blackstone Code Chapter 745: Programs

What would happen if an authoritative show started reporting on a potentially fraudulent business?

Authority is authority because people tend to trust it unconditionally!

It's like in the eyes of students that professors often represent authority, they will believe what the professor writes on the blackboard, and few people will question it.

It's like announcements issued by the government. People will not have any doubts about these announcements after they learn about them. Although there will be people who will doubt them, but very few.

There is no one thing that can completely and completely make everyone stand on the same side, trust is also, so it is not a big problem to have doubts, it is normal.

The power of authority is very terrifying. When used well, it is a beacon for people to guide the way. When used badly, it will become the cause of disaster.

The person sitting in front of the TV watching this authoritative program at this moment, looking at the title written in gold on the TV screen, recalls the short film just watched.

The investors and stockholders inside showed a frenzied and twisted look as if they were possessed by the devil. Even some people who did not participate in it could feel the atmosphere. It was a little scary, but also a little Something unspeakable yearning for.

His Majesty the Emperor stopped eating. It wasn't the end of the meal, he just felt that the matter seemed to be getting out of control.

It was only in the morning that the Chancellor of the Exchequer told him that everything was under control, but it wasn't until noon that some of these things were showing something bad.

Even through the screen, His Majesty the Emperor can smell the stench and knows where the stench comes from - the nobility.

The dissatisfaction of the nobles has been going on for a long time. In the words of the nobles, they contributed money and resources to help Gafra win the wars, but the wars did not bring satisfactory returns, and even kept the capital Can't do it.

Now they have suffered additional losses due to the shift in the focus of development, and they have long been very dissatisfied with him as the emperor.

It's just that the ministers unanimously supported him and suppressed the dissatisfaction of the nobles, but this does not mean that the noble group really has no ability to resist.

They must be doing something. His Majesty the Emperor waved his hand and asked people to remove the food. He has no appetite at all now.

Those idiots don't even know that Lynch is planning this thing by mingling with the nobles during this time!

But this also made His Majesty the Emperor have some doubts, how did he plan, and how did he connect the nobles to complete all the layouts quietly.

He was a little curious, but of course he was more angry. It was indeed the worst decision to let Lynch stay in Gavra. After the canonization, he should be let go!

In the TV show, the host sits with two well-known financial practitioners in the empire. The host's expression is not particularly serious. Compared with the always smiling face before, it can actually make people feel This show is different.

While arranging the manuscript, he asked, "Everyone has watched the short film just now, and it seems that they have a certain understanding of Yuanrong Securities. I would like to ask two financial experts, is it possible?"

He turned to look at the other two experts and continued to refine his question, "As long as you spend money to buy a gold coupon, whether they can find a gold mine or not, it only takes one year to get 96% of the money back. , is this possible?"

"If they can really find a gold mine, will the income from the gold mine be able to meet the high rate of return of the gold certificate?"

The two financial experts had apparently done their homework before appearing on the show. 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 shot, and the document appeared in its entirety. On the screen, and very clear.

A lot of data are listed above, and there are experts' explanations outside the picture, "This is the return rate of some of the most well-known financial hedge funds in the world last year, the highest of which is only 16%, and the Bayer Federal Return The foundation with the highest rate also gave only 13 percent.”

"And we ourselves, all foundations and related organizations, gave the highest rate of return, only 12 percent."

"These are reliable, legitimate financial institutions, and some of them have founders or operators who have left their names in history."

"These professionals can't give such a high rate of return, why..." The screen cuts back to the studio, and a sneer appeared on the expert's face, "Why is a foreigner who has not gone to college, Can give a ninety-six percent annual rate of return?"

"The most interesting thing is that there are still many people who believe this statement!", his voice is exaggerated, as if saying "this is all **** believed, do you have any brains".

The footage was quickly given to another expert, who went on to say, "Let's talk about the benefits of the gold mine."

"As of the last trading day of last week, the closing price of gold was only 22 fras per ounce, and the price per ton was 770,000 fras."

"It seems that this price is very good, but we need to clarify an important factor. It takes time and various costs to extract one ton of high-purity gold."

"Some of the data we can find at the moment gives us a simple number that in ordinary gold mines, each ton of ore can provide less than ten grams of gold."

"We calculate it based on ten grams of gold, which means...about eight yuan."

"But to excavate a ton of ore, crush it and then screen out the gold-containing part for crushing and smelting, our company would have to pay about three to four dollars for this, including transportation. "

"We have an inaccurate table here, and the inaccuracy doesn't mean it's too much, it's just that the number is much less than the actual number, because there are still many people who are not registered, and some people are reluctant to say The number of gold coupons that you actually hold.”

The second expert took out a form, and the camera switched again, "As far as we know, the number of purchases of the first phase of golden coupons exceeded 10 million, and we are not very clear about how much."

"Eight percent of 10 million is 800,000. They need to be able to purify at least three tons of pure gold every month to barely make ends meet, let alone make a profit."

"But there is not only one issue of the Golden Coupon, there are also the second issue, the third issue, and even I heard that the sale of the fifth issue has already started, and it is very popular."

"At least hundreds of millions of gold coupons have been sold out, and they have to pay investors at least 8 million funds every month."

"What kind of gold mine does it take to make this money back, a natural pure gold mine?"

"Certainly, it's possible that the round capital actually has a lot of gold mines that are already in use, and they have enough reserves to do it, like they said, what they're going to do with everyone To make money, they are doing good deeds."

The ridicule in the language was released almost unabashedly, but no one laughed in the studio or in front of the TV screen, and people realized how terrible this thing was.

What's scary is not its rate of return, but its first batch of golden coupons has pulled tens of millions of funds, and more rebates in the later period.

In fact, this is also normal, with a 96% annual rate of return, anyone will be tempted.

The host nodded and asked again, "But Yuan Finan Capital's operation is very good, and it has also been successfully listed. We can't find any problems from their financial report."

"The growth rate of several times every month has exceeded the vast majority of the empire, or even all enterprises. Is there any problem with these? Where is the problem?"

The two experts looked at each other. The expert pursed his lips and nodded, "Yes, host, there are not only problems here, but also big problems."

"Actually, we have already mentioned this issue just now. The higher the profit growth rate of round financing capital, the more expenses it needs to bear each month."

"The monthly expenditure of at least 8 million is not a gold mine at all, because the latest financial report was two months ago, and we cannot know its specific operating conditions now."

"I believe that it should be bigger now, and it needs to pay more money every month, maybe 20 million, or even 30 million."

As soon as the expert said with some inducing tone, "It's okay if there is no problem, if there is a problem, the golden coupon will completely collapse."

The host's brows knit together, "You mean, Yuan Financing may not be able to pay those rebates?"

Expert Two nodded, "Actually, we think this probability is very high, because we can't find an industry that matches its profitability among all industries at present."

“We do have some industries with a high profit ratio, such as industries with dozens of times and hundreds of times of profits, but these industries are limited by various reasons, the scale is not too large, the output value is small, the sales are small or The cycle is long."

“Yuan Finan Capital has also claimed that gold mines and gold are the main way to make profits. This does not meet our assessment, so we think it may be lying in this regard.”

Mining is to make money, but this money is not quick money. In short, every statement points to the same point of view, that is, the round financing capital is fraudulent.

The host's expression became more and more solemn~IndoMTL.com~ He picked up a newspaper and showed it to the camera lens, "This is the "Ledu Daily" issued today, and there is a heavy news on it."

"A reporter found an important clue by coincidence, and went to the gold mining area under the leadership of Yuan Capital to make an unannounced visit."

"Last month they also advertised this mine..." The host picked up another newspaper with a large group of people holding gold ore, big or small, gathered in the mine for a group photo. Photo, "These investors went underground and dug their own ore."

"But now, the reporter found out that the mine had actually been abandoned a few years ago, and found out some more important information..."

The host continued to show that even the audience who had not seen the "Ledu Daily" had a general understanding, and most of them picked up the phone to order today's newspaper.

The host put down all the materials for comparison and continued to ask, "Let's make a bold assumption. If all the gold mines do not exist, how does Yuanfinan maintain the current situation?"

“How can they pay each rebate on time and in full, and create better business performance?”