Replies

Asian Guy AI on X says US Government, banked by J.P. Morgan is taking 40% interest in a $7.6 billion metal smelter on the Mississippi in Tennessee.

Ships full of silver ore will travel through the Caribbean and the Gulf of America up the big River to be refined into pure silver and other materials including rare earths in Tennessee rather than Shanghai.

Under globalism, America was fine with shipping out the dirty work to China and purchasing back refined product. As globalism collapses and vital commodities such as silver and oil represent strategic weapons, that ain’t gonna fly anymore.

“Asian Guy AI on X says US Government, banked by J.P. Morgan is taking 40% interest in a $7.6 billion metal smelter on the Mississippi in Tennessee.”
```````
https://metalsandminers.substack.com/p/the-bankers-always-know-first-is

Note “Last Thursday, JPMorgan, the biggest gold desk on the planet, abruptly moved their entire trading desk to Singapore, revealed through a leaked internal email. They told 50+ employees to pack their families, belongings, etc and head overseas, by end of week. This is not the type of thing that happens every day. This is an alarm bell ringing.”

So switcheroo the trading desk and smelter location...why?

Aspect	Details
Rumor Origin	The claim originated in late November/early December 2025 from a leaked internal email shared on social media and LinkedIn. It was amplified by a Substack article ("The Bankers Always Know First") and various precious metals-focused blogs, YouTube channels, and forums.
Claimed Action	JPMorgan allegedly relocated its entire precious metals (primarily gold) trading desk — over 50 traders and their families — from New York to Singapore on very short notice (within days, around Thanksgiving 2025). No gradual transition or public announcement.
Speculative Interpretation (From Bullish Precious Metals Sources)	Viewed as a "warning shot" signaling imminent collapse of Western paper gold markets (e.g., COMEX), de-dollarization, shift to physical gold by central banks and UHNW clients, or anticipation of major geopolitical/financial crisis affecting US assets.
Official Confirmation	None. As of January 6, 2026, JPMorgan has made no public statement, press release, or announcement confirming or denying the relocation. All reports remain based on rumors and the alleged leaked email.
Likely Business Reasons (Based on Market Trends)	Asia (China, India, BRICS nations) now dominates physical gold demand and price influence. Singapore is a major precious metals hub: no import taxes, world-class vaults, strong regulatory environment, and direct links to Shanghai Gold Exchange. Increasing preference for physical delivery over Western paper contracts; record physical deliveries reported in 2025. Strategic positioning closer to clients, physical flows, and growing Eastern markets. JPMorgan already has established operations and vaulting in Singapore.
Supporting Market Context	Physical gold/silver demand surging in Asia; strains on COMEX inventories; central banks accumulating physical gold; shift from paper to physical markets.
Conclusion	The move, if it occurred, most plausibly reflects a commercial adaptation to the eastward shift in precious metals trading and physical demand. Dramatic crisis interpretations lack direct evidence and align with biases in precious metals commentary circles.
Sources	Information compiled from market rumors (Dec 2025), Substack articles, Investing.com analysis, LinkedIn posts, YouTube discussions, and absence of official JPMorgan statements in public records/news as of Jan 2026.

JPMorgan Precious Metals Trading Desk: Reported Move to Singapore (As of January 6, 2026)
Aspect Details
Rumor Origin The claim originated in late November/early December 2025 from a leaked internal email shared on social media and LinkedIn. It was amplified by a Substack article ("The Bankers Always Know First") and various precious metals-focused blogs, YouTube channels, and forums.
Claimed Action JPMorgan allegedly relocated its entire precious metals (primarily gold) trading desk — over 50 traders and their families — from New York to Singapore on very short notice (within days, around Thanksgiving 2025). No gradual transition or public announcement.
Speculative Interpretation (From Bullish Precious Metals Sources) Viewed as a "warning shot" signaling imminent collapse of Western paper gold markets (e.g., COMEX), de-dollarization, shift to physical gold by central banks and UHNW clients, or anticipation of major geopolitical/financial crisis affecting US assets.
Official Confirmation None. As of January 6, 2026, JPMorgan has made no public statement, press release, or announcement confirming or denying the relocation. All reports remain based on rumors and the alleged leaked email.
Likely Business Reasons (Based on Market Trends)
Asia (China, India, BRICS nations) now dominates physical gold demand and price influence.
Singapore is a major precious metals hub: no import taxes, world-class vaults, strong regulatory environment, and direct links to Shanghai Gold Exchange.
Increasing preference for physical delivery over Western paper contracts; record physical deliveries reported in 2025.
Strategic positioning closer to clients, physical flows, and growing Eastern markets.
JPMorgan already has established operations and vaulting in Singapore.
Supporting Market Context Physical gold/silver demand surging in Asia; strains on COMEX inventories; central banks accumulating physical gold; shift from paper to physical markets.
Conclusion The move, if it occurred, most plausibly reflects a commercial adaptation to the eastward shift in precious metals trading and physical demand. Dramatic crisis interpretations lack direct evidence and align with biases in precious metals commentary circles.
Sources Information compiled from market rumors (Dec 2025), Substack articles, Investing.com analysis, LinkedIn posts, YouTube discussions, and absence of official JPMorgan statements in public records/news as of Jan 2026.