Jim’s Daily Rant. JPMorgan In Taiwan and The TOO BIG To Fails, That Fail.

Question:   Is Taiwan part of the ISO 20022 Banking Financial Plan?

Answer: [No]

“Taiwan is not explicitly mentioned as part of the ISO 20022 migration timeline or implementation plan within the provided context. The context details the migration of high-value payment (HVP) systems to ISO 20022, including specific regions such as Europe (e.g., the European Central Bank, Bank of England), the United States (e.g., Fedwire/CHIPS, The Clearing House), and Asia-Pacific (e.g., Thailand, Malaysia, Singapore, Australia, New Zealand). While Taiwan is referenced in relation to its banking regulatory framework, foreign exchange controls, and offshore banking units, there is no information indicating that Taiwan’s domestic high-value payment systems or financial infrastructure are scheduled to adopt ISO 20022 as part of the global migration effort described in the documents. Therefore, based on the available information, Taiwan does not appear to be part of the current ISO 20022 banking rules implementation timeline.”

     Source

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Why did the Gold Trading floor of JPMorgan Chase Bank run to Taiwan over the past weekend?

It could be a combination of several reasons. You decide.

A) It might be because Taiwan is not subject to the ISO20022, they can continue manipulating the gold prices a little longer.

This may also be an indication that JPMorgan has derivatives covering those that purchased gold with certificates and insured their loss through JPMorgan.

B) JPMorgan knows that there is little gold left in Ft. Knox and the world will discover this in March, 2026 when the final audit is released.

C) It might be that the Gold Floor is now operating under a new name not part of JPMorgan in the event that Morgan does not survive the new banking world descending upon them.

D) If a bad gold audit is issued, the rest of the world may flee Wall Street forever.

   This may become true if most of the Too Bigs collapse because they cannot survive by not cheating.

E) The Treasury may have asked for the Taiwan move so its partner in crime, JPMorgan, can continue to manipulate the Gold price until the Government is ready to revalue its gold reserves. This way Treasury can be assured they can hit their mark when it is time.

F) Any and/or All the above.

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Final Consideration For You.  

Knowing that last night is the first time the Repo Window of the Fed’s lending money to the Too Bigs To Fail, it may take days for the public to see who fails, who is gobbled up, who filed for Bankruptcy Reorganization, and who may survive (in the long run).

It may cause Bank Bail-ins by keeping depositors’ money.

During this time the new Quantitative Financial System is purported to be rolled out. I assume that this is to give the public time to get familiar with it.

Now we know that the final Fort Knox audit of the US Gold reserves may turn out to be

non-existent, killing the Fiat Dollar worldwide or just in the US, or both.

Therefore, one might conclude that the real end to our current Banking system that we see may take until March, 2026 to shake out the garbage, but at a better time psychologically for most people.