How did you do that,? I didn’t see that. I was delayed in finishing writing by a call but that was strange. Well at least you posted it.
I got around to checking on this rumor. .
JPM didn’t move to China it expanded.
- Market Opening: China removed foreign ownership limits in financial sectors (like futures and securities), allowing full control.
- Massive Growth Potential: China’s huge economy and financial market offered substantial opportunities for revenue and client services.
- Regulatory Support: Chinese regulators were helpful in granting licenses, fostering financial development.
- Client Demand: Chinese companies going global needed cross-border services, and international investors sought access to China.
- Strategic Positioning: Full control in key areas (futures, securities, asset management) positioned JPM as a leader among foreign banks.
- While tensions existed, JPM saw strategic value in staying and investing, viewing China as a critical, long-term market, even as operations evolved.
- The bank managed risks but remained committed, seeing opportunities in the growing domestic market and increasing global financial flows.
ipso 10:53, best joke since Saudi Arabia was head of UN Human Rights Commission for six months.
Can they make piracy legal within a month?
shanghai
gonna be up tonight anyway, it will be interesting to see what happens about 9:00 p. m. (est) when shanghai opens up for 2026. export restrictions in place, no foreign customers….? (they never had many)
Armstrong
Another point although he didn’t mention it when he talked about the US breaking up because it’s so polarized now ” imo since they put Obama in office’ that they will do just the opposite of what the other side is doing. Demos on state offices are still doing it. Newsom has driven out oil and their pipelines to cities over importing foreign oil. They’re leaving. That’s supposed to help climate change by importing it instead right. Idiots
IMO If combined with these shortages of critical metals to multi industries running the economy, including medical and defence and the demos and their appointed judges denying and blocking oil, gas and mining causing enough trouble as is it would be economic suicide if they were put back in power.
Armstrong recent
Sng I thought you would have posted it by now on Watch with Greg.
Armstrong said just like Blinken did with weaponizing the dollar during Biden China is doing with silver. We know it’s all the metals though. Greg asked him if he would be selling. No way, said it could get some dips in any news on peace by those who bought because of war ” I’ll add Russian metal trade cut off too” but shortages are real and they have around 60 percent of the new silver he mentioned. He’s bullish on gold, silver and platinum till 2030 and writing a report on it. And now we heard they have even more control of the platinum plus we already know they have the majority of the rare earths and processing plants.
As of tommorow China’s export restrictions begin for Ag
Ag is already in serious deficit, with demand increasing, potentially massively thanks to the Solid State battery demand…..We have seen what they have done to Rare Earth Metals, useing the same restriction tactic, causing vast price increases……. so who in their right mind sells silver all day, non stop the day before, those restrictions kick in .
This was hard to predict
Total collapse on thin volume to finish the year.
Hopefully earnings and new pm investors will hit the ground running next week.
Some days aren’t worth showing up for.
Maddog 12:38
Lol The UN is a joke.
Buygold
Waltz and Omar, If I didn’t have so much trouble writing on here I would of mentioned them too. That Waltz is a piece of work. I thought Muslims didn’t like swines. . Omar should have been reported already. Yes I agree and anyone else involved too, I wonder if Doge can help with this.
Maddog
🙂
ipsofacto
Re yr Somalia UN
I hope someone counted the spoons…….if there were any left.
Not the Onion
WTF? Failed State Somalia to Assume Presidency of U.N. Security Council in January
The failed state of Somalia is set to assume the presidency of the United Nations Security Council in January.
Despite being a largely ceremonial role, it has nonetheless been hailed by diplomats as a major milestone in the country’s international standing.
For one month, Somalia will be tasked with steering the council’s routine business, including setting meeting agendas, chairing sessions, and overseeing debates on global peace and security.
While the presidency carries no real executive power, it does allow the holder to play host to discussions on some of the world’s most entrenched conflicts.
During its brief stint, Somalia is expected to highlight familiar UN priorities such as peacekeeping operations, counterterrorism initiatives, regional instability, and humanitarian crises linked to war and climate shocks like drought.
WTF? Failed State Somalia to Assume Presidency of U.N. Security Council in January
buygold
Buying around so far….seems a few Trade people have seen the smash and realised they must buy some….to take advantage.
Plus the smash has not really worked, so far considering how O/b the mkts were……in days of old we would have been down way more.
Silver is unreal….just watched it rally a dollar in 10 minutes…..
Regular hours in the SM today
It’s going to be awful easy to push things around this afternoon.
Likely years to go IMO
Mark
@Mark_IKN
My prediction for the mining sector in 2026: The Return of Hostile Bids.
Ain’t no way this bull market ends without at least one high-visibility, multi-billion $$ hostile M&A story, with self-important CEOs slagging each other in public, White Knight defenders, the whole works.
Goldie
It’s great that they are arresting the Somali’s responsible for the theft of our tax dollars, but unless Tim Walz and Ilhan Omar are taken down for this and imprisoned, it’s meaningless.
There’s no way they weren’t complicit in the theft as the money had to be funneled back to democrat coffers.
I think it was Catherine Austin Fitts who estimated $21 Trillion has been stolen from taxpayers over the years. Obama mastered it, and these people just continued it.
Morning maddog
Shares aren’t horrible in the premarket either.
I doubt silver will be able to comeback, but the silver shares have a lot of catching up to do according to your ratio charts, so maybe they don’t get beat up as bad this am. I’m still hoping January is a big month for the miners.
Never thought we’d finish at $4300 and $72 when the year started. Pretty awesome.
There’s plenty of people needing help in this country and not getting it while these demo traitors are letting in a predatory invasive species of criminals that demos should be held accountable for allowing these crimes to grow a foreign third world parasite bragging they are going to take over no less inside our country hiding in plain sight. Halt immigration from this country.
Today’s Top StoriesFEDS LAUNCH ‘MASSIVE OPERATION’ IN MINNESOTAThe Trump administration is cracking down on Minnesota amid the massive Somali Fraud Scandal. “Our investigative agents are conducting a massive operation to identify, arrest, and remove criminals who are defrauding the American people,” the Department of Homeland Security said. “We will root out this rampant fraud plaguing Minnesota.” FBI Director Kash Patel, meanwhile, said that he is sending more FBI personnel and resources to Minnesota, and Attorney General Pam Bondi warned that justice will be served. “So far, we have charged 98 individuals – 85 of Somali descent – and more than 60 have been found guilty in court,” she said. “We have more prosecutions coming…BUCKLE UP, LAWMAKERS!” Numerous other government agencies and even Congress are now investigating the rampant fraud. |

