Replies

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.

Upon closer look, the article i referred to shows Bill Still as the source.

I apologize. I have no use for Bill Still.

He is the one that was the source of Hillary’s supposed meltdown after the Matt Lauer’s Commander-in-Chief Forum in 2016.

Still claimed, based on an anonymous source (described as an NBC associate producer or Comcast/NBC staffer), that Hillary called Donna Brazile, a “brain-dead buffalo among other things.

I had occasion to contact Still years later, asking him if he could provide any documentation about his source materiel for that story.

He replied something to the effect that...”oh, it was so long ago, I didn’t keep that data” .

If I recall, I actually posted his email to me on one of the Q threads.

Again, sorry for the crap source.