J. P. Morgan's Entire Gold Trading Desk Fled to Singapore Overnight - Here's Why !!! (JP holds record for fines: $980 Millions)

The Still Report ^ | 11/30/25 | Bill Still

[C210N]

JP Morgan moved its entire Gold trading desk from New York to Singapore LAST THURSDAY!!!

What is going on???

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TOPICS:
KEYWORDS: gold; jpmorgan; singapore

[C210N]

IMHO: Have some % of wealth in PMs. Day to day, use fiat. Hold your silver. Sell after fiat collapse.

[CaptainK]

Sell after fiat collapse.

Yikes. That’s a scary thought.

[SaxxonWoods]

You can look up the coins on the net and get a sense of what to expect. Antique dealers usually know brooches well. You can try 3-5 dealers to see if they basically agree on values.

[C210N]

Fiat is designed to collapse. It is debt from the gitgo, created from nothing by central banks. Debt is created in a way that debtors only get further into debt. It facilitates wars, as a convenient way for governments to finance hostilities. We now have at minimum $38T in debt, and much more than that all told.

The typical lifespan of a fiat currency is very low. The USD is at a mere 112 years. Euro 26 years.

The longest-lived fiats are in the 100-200 year range. And, there are not that many of them.

[CandyFloss]

"Do any of you have any advice about selling jewelry?"

Some jewelers may buy it. Whoever you sell it to, you sell below scrap value. Inform yourself a little so you can estimate the scrap value. Get quotes and compare. There is nothing wrong with selling it. You can't hold it forever.

[Ode To Ted Kennedys Liver]

A lot of gold is on paper also.

[Blennos]

Yes. I’ve got some. I don’t trust anything paper long-term, but we’ve got to live in this world: buying and selling to stay alive. We use currencies as part of life.

I may not trust they will hold their value long term, but we need them to live. A necessary evil.

[C210N]

On the pre-64 coinage, just pulled this screen shot showing over time the premiums over spot for 90% silver coins. Right now, premiums are low, at or near 0, making it a good time to buy, but not as good to sell.