Chapter 2552 How to Make Me Look Like a Nouveau Riche

Of course, there is no rush to get rid of this batch of gold.

After all, it is impossible to process such a huge amount of gold every few decades.

Chen Zhao is more concerned about his own skills.

It can be said that if he didn't have the skill of Neutron Star this time, Chen Zhao would probably have really lost his ability.

Whether it was intentional or not, the studio really helped a lot this time.

This time they did not take a boat directly to the west coast, but directly to the port of Charleston on the east coast, which greatly shortened the sea voyage.

The whole journey took less than two days, and then we flew back to Los Angeles.

Sure enough, it's still comfortable at home.

Chen Zhao was going out for a long time this time.

"Portia, this is for you."

Because Chen Zhao is not at home, most of the housework falls on her.

Especially the children in the family, none of them are good.

Portia took it and took a look, bag?

So heavy... Portia weighed it.

Portia looked inside the bag, which contained golden beads.

"F***, gold?" Portia had already lost her composure and cursed.

Chen Zhao stretched his limbs and said calmly: "If you think my gift is very vulgar, you can return it to me."

"No, it's not vulgar at all." Portia said overjoyed: "Boss, why did you suddenly change your gender when you went out once?"

"No, it's just because the money is so hot."

Portia glanced at Chen Zhao, the expression on her face was one of deep disgust.

"Portia, do you think there is anything I can change in my house to make me look rich?"

"..." Portia looked hopeless. She had always hated Chen Zhao, and now she hates him even more: "Boss, anyone who sees your manor will know that you are very rich. There is no need to use extra things. Pretending to be x."

"I was serious."

"Replace all the dishes and chopsticks at home with gold. This will make you look very rich."

"Good idea." Chen Zhao nodded.

"It would be better to build another golden car. You don't need to drive it, just park it in the garage. When others come over to visit, they can see your car as part of your collection at the first glance."

"..." Portia looked at Chen Zhao speechlessly.

Chen Zhao was a little obsessed, because he obviously had countless gold on hand, but there was no place to use it.

That feeling is very painful.

So Chen Zhao is now getting more serious.

Since it can't be exchanged for real wealth, it can be used to show off.

Portia felt that Chen Zhao's brain was really crazy.

His bad idea actually seemed good to him.

Chen Zhao picked up the phone: "Yamila, how are you doing?"

"That's great. When are you free?"

"Now."

"Forehead……"

"If you are not free now, please make an appointment another day."

"Well, if you are free now, come over now."

Not long after, Yamila arrived at Chen Zhao's home.

"I heard that you went out recently." Yamila asked.

"Well, I went to sea for a trip." Chen Zhao nodded.

"I want to ask you a question."

"Huh? What's the problem?"

"This time I went to sea and got a batch of gold, which was a bit large."

"How old?"

"Anyway, the quantity is huge." Chen Zhao said.

"So what are you going to do about it?"

"Do you want it?"

"Me? If you want to sell it to me, I can only give you 40% of the market price at most."

Chen Zhao curled his lips, Yamila was much more difficult to deal with than Oqualati Guisli.

"How about I give you a plan."

"What plan?"

"Pledge it to the bank." Yamila said.

"What's the difference between this and selling it to you?"

"Of course it does matter. If it is sold to me, the profit and loss will be mine alone. But if it is sold to a bank, my shareholding in Citibank will be less than 2%, and my family's share will only be 6%, so as long as I don't make any mistakes, I made a major mistake, and basically the bank’s revenue has nothing to do with me.”

"The bank is losing money, isn't it you who are also losing money?"

"The greatest value of the shares held by me and my family does not lie in the dividends of the board of directors, but in the preservation of value, and I will not do anything that harms the interests of the bank."

"Then let's talk about your plan." Chen Zhao said.

"While pledging gold to the bank, you must sign a mortgage agreement with the bank. If the repayment is not made in time on the repayment date, the gold will automatically belong to the bank."

"This is actually selling to the bank in disguise, right?"

"Yes, but this kind of mortgage loan agreement is tricky. You can't use less to offset more, you can only use more to offset less."

"Do I need to provide proof of gold production?"

“You just need to provide a proof of gold salvage.”

"Does profit from salvaging sunken ships need to be taxed?"

"You need it to convert gold into cash."

"Wait... is this really okay? The tax bureau really won't cause trouble for me?"

"As long as the reason is legitimate, you can just say I only want to sell it for one dollar, who can control how much you sell it for?"

"In other words, just mortgage it to the bank?"

"Yes, although the procedure is a bit complicated, it is not inoperable, and in most cases you don't need to worry about it. After all, you have your own lawyer."

“So how much mortgage can I get?”

"It depends on how much gold you have. Give me a clear number."

"Three hundred tons... how much can I get as a mortgage loan?" Chen Zhao asked.

Yamila's eyes widened: "Three hundred tons?"

"Yeah." Chen Zhao nodded.

Even Yamila, who was used to the world, couldn't help but take a breath.

"Are you serious?"

"yes."

“This is already the total loan amount of our entire California division in one quarter.”

"Can I get a loan?"

Yamila said: "I still need to report to the other directors the specific amount of the loan that can be given to you. You should also contact your lawyer as soon as possible. This will probably be a hard negotiation."

Yamila left in a hurry, and Chen Zhao immediately contacted Alex.

"Alex, this is the specific situation."

"Three hundred tons of gold? Chen, you didn't raid the gold reserves of some country's bank, did you?"

"Alex, are you sure this can be operated?"

"No problem, tell me your bottom line."

"You don't need to worry about what my bottom line is, I'll give you a 3% commission anyway."

"Chen, are you sure you want to give me a 3% commission? You know, a 3% commission is definitely over 100 million US dollars."

"I've never lied to you."

"I understand." Alex nodded.

"Alex, if I can avoid taxes by doing this, can all my properties also avoid taxes like this?"

"You are thinking too much. The reason why you can do this this time is because of the cooperation of the bank, because they have obtained enough benefits. But why should you let the bank cooperate with you in your other industries?"