{"id":37972,"date":"2025-12-01T15:41:44","date_gmt":"2025-12-01T22:41:44","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=37972"},"modified":"2025-12-01T15:41:44","modified_gmt":"2025-12-01T22:41:44","slug":"silver-soars-90-100-in-play-cme-outage-jp-morgan-mystery","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/silver-soars-90-100-in-play-cme-outage-jp-morgan-mystery\/","title":{"rendered":"Silver Soars 90%, $100 in Play Amid CME Outage, JP Morgan Mystery"},"content":{"rendered":"<p data-start=\"501\" data-end=\"861\"><strong data-start=\"501\" data-end=\"521\">Silver soars 90%<\/strong> in what is now its strongest year since 1980\u2014yet the headlines barely scratch the surface of what\u2019s really happening. Physical shortages, a CME outage at the exact moment silver surged, and a viral rumor that <strong data-start=\"731\" data-end=\"802\">JP Morgan quietly moved its entire metals trading desk to Singapore<\/strong> have set off alarm bells across the precious metals world.<\/p>\n<p data-start=\"863\" data-end=\"1036\">For anyone watching the inflation storm, the hollowing out of the U.S. economy, or the accelerating loss of trust in financial markets, this isn\u2019t noise\u2014<strong data-start=\"1016\" data-end=\"1035\">it\u2019s the signal<\/strong>.<\/p>\n<p data-start=\"1038\" data-end=\"1112\">The question now: <em data-start=\"1056\" data-end=\"1112\">Is $100 silver still a forecast\u2026 or already in motion?<\/em><\/p>\n<hr data-start=\"1114\" data-end=\"1117\" \/>\n<h1 data-start=\"1119\" data-end=\"1177\"><strong data-start=\"1121\" data-end=\"1177\">Silver\u2019s 90% Surge: Real Demand, Not a Short Squeeze<\/strong><\/h1>\n<p data-start=\"1179\" data-end=\"1361\">Silver\u2019s breakout past $58\u2014and briefly beyond\u2014wasn\u2019t driven by a Reddit-style squeeze. According to Todd \u201cBubba\u201d Horwitz, this was <strong data-start=\"1310\" data-end=\"1350\">\u201creal, honest-to-goodness new money\u201d<\/strong> piling in.<\/p>\n<h2 data-start=\"1363\" data-end=\"1388\">Why this rise matters:<\/h2>\n<ul data-start=\"1389\" data-end=\"1683\">\n<li data-start=\"1389\" data-end=\"1477\">\n<p data-start=\"1391\" data-end=\"1477\"><strong data-start=\"1391\" data-end=\"1442\">Global demand wiped out above-ground stockpiles<\/strong>, especially in London OTC markets.<\/p>\n<\/li>\n<li data-start=\"1478\" data-end=\"1541\">\n<p data-start=\"1480\" data-end=\"1541\">Industrial demand remains relentless\u2014solar, EVs, electronics.<\/p>\n<\/li>\n<li data-start=\"1542\" data-end=\"1587\">\n<p data-start=\"1544\" data-end=\"1587\">Physical premiums show no signs of cooling.<\/p>\n<\/li>\n<li data-start=\"1588\" data-end=\"1683\">\n<p data-start=\"1590\" data-end=\"1683\">Large investors increasingly view silver as an <strong data-start=\"1637\" data-end=\"1656\">inflation trade<\/strong>, not a speculative gamble.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1685\" data-end=\"1745\">In other words: this isn\u2019t a spike. It\u2019s a structural shift.<\/p>\n<hr data-start=\"1747\" data-end=\"1750\" \/>\n<h1 data-start=\"1752\" data-end=\"1825\"><strong data-start=\"1754\" data-end=\"1825\">JP Morgan\u2019s Mysterious Trading Desk Relocation: Accident or Signal?<\/strong><\/h1>\n<p data-start=\"1827\" data-end=\"1998\">Over Thanksgiving weekend\u2014while Americans carved turkey\u2014rumors exploded online that <strong data-start=\"1911\" data-end=\"1997\">JP Morgan moved its entire precious metals trading desk from New York to Singapore<\/strong>.<\/p>\n<p data-start=\"2000\" data-end=\"2041\">No confirmation. No denial. Just silence.<\/p>\n<p data-start=\"2043\" data-end=\"2086\">And the timing couldn\u2019t be more suspicious.<\/p>\n<h2 data-start=\"2088\" data-end=\"2121\">Why the move would make sense:<\/h2>\n<ul data-start=\"2122\" data-end=\"2495\">\n<li data-start=\"2122\" data-end=\"2187\">\n<p data-start=\"2124\" data-end=\"2187\">New York is no longer the uncontested global financial capital.<\/p>\n<\/li>\n<li data-start=\"2188\" data-end=\"2235\">\n<p data-start=\"2190\" data-end=\"2235\">A 13% NYC city tax is a massive profit bleed.<\/p>\n<\/li>\n<li data-start=\"2236\" data-end=\"2301\">\n<p data-start=\"2238\" data-end=\"2301\">Singapore has become the world\u2019s premier safe-haven metals hub.<\/p>\n<\/li>\n<li data-start=\"2302\" data-end=\"2383\">\n<p data-start=\"2304\" data-end=\"2383\">JP Morgan has a history of\u2026 let\u2019s say\u2026 \u201cadventurous\u201d metals trading strategies.<\/p>\n<\/li>\n<li data-start=\"2384\" data-end=\"2495\">\n<p data-start=\"2386\" data-end=\"2495\">Singapore operates outside the reach of U.S. regulatory bodies that prosecuted banks for metals manipulation.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2497\" data-end=\"2585\">As Horwitz put it:<br data-start=\"2515\" data-end=\"2518\" \/><strong data-start=\"2518\" data-end=\"2585\">\u201cJamie Dimon is no dummy\u2026 this move would not shock me at all.\u201d<\/strong><\/p>\n<p data-start=\"2587\" data-end=\"2725\">If true, this is the most consequential repositioning of a major metals desk since the London Whale days\u2014and it reinforces the same theme:<\/p>\n<p data-start=\"2727\" data-end=\"2832\"><strong data-start=\"2727\" data-end=\"2832\">Smart money is moving away from U.S. financial centers and toward real assets in safer jurisdictions.<\/strong><\/p>\n<hr data-start=\"2834\" data-end=\"2837\" \/>\n<h1 data-start=\"2839\" data-end=\"2908\"><strong data-start=\"2841\" data-end=\"2908\">The CME Outage: Just a Glitch\u2026 or a Circuit Breaker for Silver?<\/strong><\/h1>\n<p data-start=\"2910\" data-end=\"3005\">Just as silver blasted through resistance, the <strong data-start=\"2957\" data-end=\"3004\">CME experienced a conveniently-timed outage<\/strong>.<\/p>\n<p data-start=\"3007\" data-end=\"3019\">Coincidence?<\/p>\n<p data-start=\"3021\" data-end=\"3027\">Maybe.<\/p>\n<p data-start=\"3029\" data-end=\"3151\">But here\u2019s the uncomfortable truth:<br data-start=\"3064\" data-end=\"3067\" \/>When markets move too fast for the system, the system often <em data-start=\"3127\" data-end=\"3151\">shuts down the market.<\/em><\/p>\n<p data-start=\"3153\" data-end=\"3243\">Circuit breakers. Trading halts. Platform \u201cglitches.\u201d<br data-start=\"3206\" data-end=\"3209\" \/>Call them what you want\u2014they work.<\/p>\n<p data-start=\"3245\" data-end=\"3272\">Horwitz didn\u2019t mince words:<\/p>\n<blockquote data-start=\"3274\" data-end=\"3374\">\n<p data-start=\"3276\" data-end=\"3374\">\u201cIf you told me it was a controlled shutdown to stop the buying, I wouldn\u2019t fall out of my chair.\u201d<\/p>\n<\/blockquote>\n<p data-start=\"3376\" data-end=\"3568\">This is precisely why physical gold and silver buyers don\u2019t trust digital price discovery. When the financial infrastructure breaks\u2014or is intentionally paused\u2014your paper wealth pauses with it.<\/p>\n<p data-start=\"3570\" data-end=\"3603\">Your <strong data-start=\"3575\" data-end=\"3603\">physical metal does not.<\/strong><\/p>\n<hr data-start=\"3605\" data-end=\"3608\" \/>\n<h1 data-start=\"3610\" data-end=\"3671\"><strong data-start=\"3612\" data-end=\"3671\">Cracks in the U.S. Economy Are Now Impossible to Ignore<\/strong><\/h1>\n<p data-start=\"3673\" data-end=\"3755\">Silver\u2019s run is not happening in a vacuum. Americans feel the pressure everywhere:<\/p>\n<ul data-start=\"3757\" data-end=\"4064\">\n<li data-start=\"3757\" data-end=\"3805\">\n<p data-start=\"3759\" data-end=\"3805\">A simple diner meal for a family? $150\u2013$200.<\/p>\n<\/li>\n<li data-start=\"3806\" data-end=\"3865\">\n<p data-start=\"3808\" data-end=\"3865\">Housing? Now <strong data-start=\"3821\" data-end=\"3846\">7\u00d7 the average income<\/strong>, vs. 3\u00d7 in 1985.<\/p>\n<\/li>\n<li data-start=\"3866\" data-end=\"3943\">\n<p data-start=\"3868\" data-end=\"3943\">Jobs? Layoffs accelerating while officials insist everything is \u201cstrong.\u201d<\/p>\n<\/li>\n<li data-start=\"3944\" data-end=\"4064\">\n<p data-start=\"3946\" data-end=\"4064\">The Fed? Considering rate cuts into a stock market that has already hit all-time highs\u2014a glaring policy contradiction.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"4066\" data-end=\"4116\">The average new homeowner is now <strong data-start=\"4099\" data-end=\"4115\">65 years old<\/strong>.<\/p>\n<p data-start=\"4118\" data-end=\"4163\">This is what late-stage inflation looks like.<\/p>\n<p data-start=\"4165\" data-end=\"4225\">It\u2019s also when investors historically flee into hard assets.<\/p>\n<hr data-start=\"4227\" data-end=\"4230\" \/>\n<h1 data-start=\"4232\" data-end=\"4266\"><strong data-start=\"4234\" data-end=\"4266\">Is Triple-Digit Silver Next?<\/strong><\/h1>\n<p data-start=\"4268\" data-end=\"4292\">Horwitz didn\u2019t hesitate:<\/p>\n<p data-start=\"4294\" data-end=\"4348\"><strong data-start=\"4294\" data-end=\"4348\">\u201cSilver at $100\u2026 even $200\u2026 wouldn\u2019t surprise me.\u201d<\/strong><\/p>\n<p data-start=\"4350\" data-end=\"4545\">When the Dow can climb from <strong data-start=\"4378\" data-end=\"4395\">800 to 48,000<\/strong>, when home prices explode, when inflation is structurally embedded into the economy, it becomes absurd to think silver should remain a \u201ccheap\u201d asset.<\/p>\n<p data-start=\"4547\" data-end=\"4604\">This year alone, silver has doubled from $28 to over $58.<\/p>\n<p data-start=\"4606\" data-end=\"4668\">When inflation compounds, hard assets don\u2019t rise\u2014they reprice.<\/p>\n<hr data-start=\"4670\" data-end=\"4673\" \/>\n<h1 data-start=\"4675\" data-end=\"4731\"><strong data-start=\"4677\" data-end=\"4731\">Gold &amp; Silver: The Final Refuge When Markets Break<\/strong><\/h1>\n<p data-start=\"4733\" data-end=\"4762\">Every warning sign we saw in:<\/p>\n<ul data-start=\"4764\" data-end=\"4790\">\n<li data-start=\"4764\" data-end=\"4772\">\n<p data-start=\"4766\" data-end=\"4772\">1987<\/p>\n<\/li>\n<li data-start=\"4773\" data-end=\"4781\">\n<p data-start=\"4775\" data-end=\"4781\">2001<\/p>\n<\/li>\n<li data-start=\"4782\" data-end=\"4790\">\n<p data-start=\"4784\" data-end=\"4790\">2008<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"4792\" data-end=\"4811\">\u2026is flashing again.<\/p>\n<p data-start=\"4813\" data-end=\"4862\">But this time, the foundation of trust is weaker.<\/p>\n<p data-start=\"4864\" data-end=\"4966\">This is why long-term investors aren\u2019t waiting for dips\u2014they\u2019re accumulating <strong data-start=\"4941\" data-end=\"4960\">tangible assets<\/strong> that:<\/p>\n<ul data-start=\"4968\" data-end=\"5247\">\n<li data-start=\"4968\" data-end=\"5031\">\n<p data-start=\"4970\" data-end=\"5031\"><strong data-start=\"4970\" data-end=\"4995\">Hold purchasing power<\/strong> regardless of currency debasement<\/p>\n<\/li>\n<li data-start=\"5032\" data-end=\"5066\">\n<p data-start=\"5034\" data-end=\"5066\"><strong data-start=\"5034\" data-end=\"5064\">Carry no counterparty risk<\/strong><\/p>\n<\/li>\n<li data-start=\"5067\" data-end=\"5120\">\n<p data-start=\"5069\" data-end=\"5120\"><strong data-start=\"5069\" data-end=\"5118\">Cannot be halted, glitched, or circuit-broken<\/strong><\/p>\n<\/li>\n<li data-start=\"5121\" data-end=\"5163\">\n<p data-start=\"5123\" data-end=\"5163\">Act as a long-term <strong data-start=\"5142\" data-end=\"5161\">inflation hedge<\/strong><\/p>\n<\/li>\n<li data-start=\"5164\" data-end=\"5247\">\n<p data-start=\"5166\" data-end=\"5247\">Have outperformed the stock market during historical periods of monetary disorder<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"5249\" data-end=\"5390\">Physical gold and silver aren\u2019t about quick gains.<br data-start=\"5299\" data-end=\"5302\" \/>They\u2019re about <strong data-start=\"5316\" data-end=\"5339\">wealth preservation<\/strong> when every pillar of the financial system wobbles.<\/p>\n<p data-start=\"5392\" data-end=\"5454\">Alt text suggestion: <em data-start=\"5413\" data-end=\"5454\">\u201cSilver price surge during CME outage.\u201d<\/em><\/p>\n<hr data-start=\"5456\" data-end=\"5459\" \/>\n<h1 data-start=\"5461\" data-end=\"5477\"><strong data-start=\"5463\" data-end=\"5477\">Conclusion<\/strong><\/h1>\n<p data-start=\"5479\" data-end=\"5619\">Silver\u2019s 90% surge isn\u2019t a bubble\u2014it&#8217;s a barometer.<br data-start=\"5530\" data-end=\"5533\" \/>A signal that something fundamental is shifting beneath the surface of global markets.<\/p>\n<p data-start=\"5621\" data-end=\"5783\">Between JP Morgan\u2019s rumored relocation, CME\u2019s \u201cglitches,\u201d collapsing trust in U.S. markets, and visible pain across the real economy, the message is unmistakable:<\/p>\n<p data-start=\"5785\" data-end=\"5815\"><strong data-start=\"5785\" data-end=\"5815\">Something big is breaking.<\/strong><\/p>\n<p data-start=\"5817\" data-end=\"5934\">And when trust collapses, capital flees to the only places where manipulation, outages, or policy errors can\u2019t reach:<\/p>\n<p data-start=\"5936\" data-end=\"5965\"><strong data-start=\"5936\" data-end=\"5965\">Physical gold and silver.<\/strong><\/p>\n<p data-start=\"5967\" data-end=\"6029\">This is no longer about speculation.<br data-start=\"6003\" data-end=\"6006\" \/>It\u2019s about preparation.<\/p>\n<hr data-start=\"6031\" data-end=\"6034\" \/>\n<h1 data-start=\"6036\" data-end=\"6059\"><strong data-start=\"6038\" data-end=\"6059\">About ITM Trading<\/strong><\/h1>\n<p data-start=\"6061\" data-end=\"6302\">ITM Trading has over 28 years of experience helping clients safeguard their wealth through personalized strategies built on physical gold and silver. Our team of experts delivers research-backed guidance tailored to today\u2019s economic threats.<\/p>\n<h1 data-start=\"6304\" data-end=\"6352\"><strong data-start=\"6306\" data-end=\"6350\">THINKING ABOUT PURCHASING GOLD &amp; SILVER?<\/strong><\/h1>\n<p data-start=\"6353\" data-end=\"6488\">Get expert guidance from our team of analysts with 28+ years of experience.<br data-start=\"6428\" data-end=\"6431\" \/>&#x1f449; <strong data-start=\"6434\" data-end=\"6463\">[<a href=\"https:\/\/calendly.com\/itmtrading\/500?utm_content=DC05052025\" target=\"_blank\" rel=\"noopener\">SCHEDULE YOUR CALL HERE<\/a>]<\/strong> or call <strong data-start=\"6472\" data-end=\"6488\">866-706-9061<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Silver soars 90% in what is now its strongest year since 1980\u2014yet the headlines barely scratch the surface of what\u2019s really [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":37973,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2922],"tags":[2793,2951,3568,3572,3827,4287,5338,6326,6331,6915,7259,7451,7647,7648,7649,7650,7651,7652,7653,7654,7655,7656,7657],"class_list":["post-37972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daniela-cambone-show","tag-safe-haven-assets","tag-daniela-cambone","tag-silver-market-analysis","tag-silver-price-forecast","tag-todd-bubba-horwitz","tag-commodity-supercycle","tag-global-economic-instability","tag-precious-metals-outlook","tag-gold-and-silver-markets","tag-silver-surge","tag-silver-squeeze-2-0","tag-physical-vs-paper-silver","tag-100-silver","tag-cme-outage","tag-jp-morgan-metals-desk","tag-silver-shortage","tag-physical-silver-demand","tag-precious-metals-rally","tag-inflation-trade","tag-market-manipulation-concerns","tag-silver-breakout-2024","tag-bullion-demand","tag-silver-investors"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/37972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=37972"}],"version-history":[{"count":2,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/37972\/revisions"}],"predecessor-version":[{"id":37975,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/37972\/revisions\/37975"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/37973"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=37972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=37972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=37972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}