JP Morgan's gold trading team has moved from New York to Singapore Over 50 traders have been asked to arrive in Singapore within a week Looks like they’re really afraid of the Pacific cutting the cables What does this mean? ——— 1. JP Morgan completed its largest physical delivery this month: $4 billion worth of physical gold 2. Singapore has no import tax on gold 3. JP Morgan's private banking business is attracting high-net-worth funds flowing out of the U.S. 4. Jamie Dimon visited the Shanghai Gold Exchange last week