Does President Trump have a “secret advisor” who has been coaching him secretly behind the scenes for months?
That’s what new reports out today claim.
I have my own thoughts on this, but first let me just give you the reports:
According to reports, Dimon has been secretly advising President Trump on economic policy:
BREAKING: JAMIE DIMON SECRETLY ADVISING TRUMP ON ECONOMIC POLICY
JPMorgan CEO Jamie Dimon has reportedly been quietly working with Trump to shape the incoming administration’s economic agenda.
Sources say Dimon has provided insight on cutting regulations, reducing… pic.twitter.com/LvQseaUJVL
— Mario Nawfal (@MarioNawfal) November 29, 2024
And from the NY Post:
Jamie Dimon has been secretly communicating with Donald Trump on White House agenda for months: sources https://t.co/YUyR50ikgo pic.twitter.com/KZ9A6DUSt2
— New York Post (@nypost) November 29, 2024
Here’s more from the NY Post:
JPMorgan Chase CEO Jamie Dimon has been communicating with Donald Trump in recent months through secret back channels, helping the president-elect hammer out a policy agenda before and since his decisive White House victory, The Post has learned.
The 68-year-old Wall Street titan — who, like 78-year-old Trump, grew up in Queens in New York City — has acted as “a sounding board” for the incoming commander-in-chief’s economic manifesto, four sources close to Trump’s transition team said.
One GOP insider said the president-elect’s inner circle held a series of “no-holds-barred conversations” with Dimon — who at the time was rumored to be eyeing a government job himself.
“They have been speaking regularly for months,” said another GOP source briefed on the situation.
Three of the sources close to Trump said the secret back channel focused on plans for cutting government spending, banking regulation, taxes and trade.
A company insider added that Trump’s top aides set up the calls, which continued after the election, to “create a bit of daylight” between the two men and stop details of the exchanges leaking.
A spokesperson for the Trump transition team declined to comment. A JPMorgan spokesman also declined to comment.
The quietly cozy relationship between Trump and Dimon has flourished despite the banker’s cryptic and tight-lipped tendencies when it comes to politics. Trump had floated Dimon’s name as a possible Treasury secretary pick in June and later claimed he had won his White House endorsement — despite a lack of any public statement from Dimon to that effect.
Trump and Dimon also have continued to talk despite bouts of tension, including on Nov. 14 when the president-elect declared on Truth Social that Dimon ”will not be invited” to join his Cabinet. The banker promptly shot back: “I haven’t had a boss in 25 years and I’m not about ready to start.”
The JPMorgan CEO, a registered Democrat who declined to back either candidate in the White House race, had even reportedly toyed with the idea of joining a Kamala Harris administration but then ruled himself out of leaving the Wall Street giant when her poll numbers tanked, The Post previously reported.
On Nov. 22, The Post broke the news that Trump was also consulting with Blackrock CEO Larry Fink, a major Dem donor, on policy issues.
Jamie Dimon started warming up to Trump as early as January of 2024….
Remember this?
Jamie Dimon kissing the ass of the MAGA Movement
Jamie knows Trump is coming back and it’s going to be Biblical…..
@DailyNoahNews pic.twitter.com/cAikid9A6m
— Noah Christopher (@DailyNoahNews) January 18, 2024
And this from September:
JPMorgan CEO Jamie Dimon tells CNBC people are voting for Trump because he was right about the economy, immigration, and China, says people should be a bit more respectful of MAGA people. They know what they are doing.
— Pismo (@Pismo_B) September 20, 2024
Hey, no one ever said Jamie Dimon was dumb….
He clearly saw President Trump was on track to win this thing and he started trying to cozy up.
But is he “advising” President Trump on the economy?
And coaching President Trump to end foreign wars?
Sorry folks, but I don’t think President Trump needs Dimon’s help in those areas, I think he’s got it covered just fine himself.
That’s my take.
I think President Trump is happy to talk to almost anyone and to listen to what they have to say, but to suggest that this rises to the level of Dimon “coaching” President Trump I just don’t buy it.
Kevin Paffrath from MeetKevin does buy it and he loves it.
I disagree.
But here’s Kevin’s take and you can judge for yourself:
FULL TRANSCRIPT:
This is remarkable—like a secret admirer. Donald Trump has a really special person in his back pocket, secretly helping advise him on economic policy. And I couldn’t be happier. This is actually a really good thing. We’ve got to cover this—it is huge!
I am just as excited about that as I am about all those of you signing up for the Trumponomics course on pre-sale for Black Friday. It now comes with a whole host of benefits: job-raising strategies, entities, expense management, taxation, real estate analysis, stock options, crypto—you name it. You want to be a part of this for 2025. Course member live streams, all of that—it’s available at MeetKevin.com. By the way, a lot of people are bundling up with some of the add-ons there at the end too.
But let’s focus on what just happened. First of all, the data. What’s the data showing? Then, I want to talk about this “secret admirer,” if you will, of Donald Trump.
Donald Trump voters feel very differently about things now that he’s won, according to a new pair of political polls. And we know polls are, you know, what they are. But I like it when the same company does a poll at different points in time. They did one poll right before the election and one poll right after the election.
What they found was that, going into election day, nine out of ten voters said that voter fraud was a serious issue. After that, only about 35% thought it was an issue anymore. Kind of interesting.
But that same survey, which I actually think matters a lot more, showed that after Trump won, Trump’s supporters were more likely to feel good about the economy. A lot of folks are suggesting that this sort of economic enthusiasm that’s coming now—the perception of the economy swinging after the Trump win—is a benefit. It could help us avoid that crash of a hard landing or a recession.
I think of the analogy of a plane landing, as everybody does. I want to think of our economy as being able to pull off a “go-around.” So, you come in, you’re coming in for a landing, and it’s like, “No, no, no, no—we need more!” Trump wins, you hit the boosters, hit the thrust, and then you thrust up, dodge hitting that runway, and take off again.
We’d then look back and say, “Okay, 2022, 2023, 2024—there were periods of slowness, rolling recessions, whatever—but we came in, went around, and took off again, right?” That’s differentiated from, “No, no, we’re slowing, can we hit the thrusters? It’s not enough!” That would be problematic—recessionary.
I made a whole video breaking down my thoughts on Symbotic—not symbiotic, I always say that wrong. Symbotic is a game-changer. You’ve got to watch that video. YouTube might not recommend it to you, but Rakuten was just on Bloomberg talking about how, after Donald Trump won, they saw a 50% bump in spending. Symbotic actually said the same thing—that more orders came in after Trump won.
But what’s really fascinating to me is this potential secret advisor that Donald Trump has had. This makes me really excited, especially since you can combine this with Elon Musk and Vi talking about auditing the IRS and efficiency rules—this is very big and exciting because we’re going to be in a place of a lot of change.
Now, what does it mean? We’ll have to break that down. That’s why we’re going to keep doing updates on that Trump course as the year goes on. But look at this: Donald Trump has secretly been communicating with man-crush Jamie Dimon. I love Jamie Dimon—this is so exciting.
Jamie Dimon has always been very politically neutral. He’s sort of known for not talking about politics around the office. He’s also ruled out running for president or supporting a candidate. In the past, he even argued against Donald Trump. At one point in 2018, he suggested he was smarter than Trump!
But what’s remarkable now—and I want to focus on the future, not the past—is this: JPMorgan Chase CEO Jamie Dimon has been communicating with Donald Trump in recent months through secret backchannels. He’s been helping Trump hammer out policy, both before and since his White House victory.
One reason he’s probably talking to Trump is that the White House actually banned Jamie Dimon in February 2024 from visiting the Oval Office. No more Oval Office invites—why? Because he said some nice things about Trump.
In February 2024, Jamie Dimon said on CNBC, “If you take a step back and be honest, Trump is kind of right about things like NATO.” He referenced NATO member countries actually paying their “fair share” of membership dues. Trump said, “If you don’t pay your fair share, you don’t get the defense of NATO.” Dimon agreed Trump was “kind of right” about immigration and China. He acknowledged Trump grew the economy and that tax reform worked.
These comments were the death knell for Dimon’s relationship with Joe Biden. They essentially kicked him out, and now he’s secretly advising Donald Trump.
This partnership is exciting because Jamie Dimon is someone concerned about geopolitics and ending wars, which he believes could lead to market corrections. If Dimon can push Trump to end foreign wars or address issues like Israel, Gaza, Iran, and Russia, it could be a game-changer.
Dimon also worries about fiscal spending and inflation. He’ll likely encourage stable fiscal spending, lower deficits, and stabilizing treasury bonds, which could bring yields down and support the economy.
This partnership between Trump and Dimon—along with other wealthy advisers like Elon Musk—is remarkable. It puts Trump in a position to surround himself with smart, logical people who are outside the limitations of politics.
I’m giddy about this partnership. It’s not about politics—it’s about economic benefits. This is a great choice, and I’m excited to see where it leads.
If you want to learn how to emulate Trump in real estate, branding, and marketing, join the Trumponomics course at MeetKevin.com. It’s Black Friday—enjoy!
Thanks so much for watching, folks. Goodbye and good luck!
President Trump himself has notably shot down rumors of Dimon joining the Trump Administration.
Remember this?
President Trump Makes Abrupt Post About Chase CEO Jamie Dimon, Denies Wanting To Join Trump’s Team
President Trump Makes Abrupt Post About Chase CEO Jamie Dimon, Denies Wanting To Join Trump's Team
Now here's a curious story.
Might be quite interesting for those of you that are paying attention to all the mysterious posts President Donald Trump has made over the years.
You know, the posts where he made spelling 'errors' and was mocked about it.
But they seemed to be made on purpose, pointing to something else instead.
For example:
A LOT more. It used to lead to zoos and kid's clubs on this platform. We also discovered Disney's Club Penguin that I think had more than 80k young users. Very scary. pic.twitter.com/OjYpvumr7Y
— Wish (@wishfulldreamz) June 4, 2024
Well, this time President Trump posted this:
“I respect Jamie Dimon, of JPMorgan Chase, greatly, but he will not be invited to be a part of the Trump Administration. I thank Jamie for his outstanding service to our Country!”
Donald Trump preemptively fired Jamie Dimon. That's some quality trolling. pic.twitter.com/g3Tz5Q5n0j
— Matt Stoller (@matthewstoller) November 14, 2024
The thing is, Jamie Dimon, CEO of JPMorgan, has no desire to be a part of the Trump Administration.
So why would he post this out of the blue?
It's written in a way to imply Dimon wanted to join, but like a manager turning down a job applicant, he was denied. "We'll keep your application on file."
Was this to get our attention on Dimon?
Should we be paying attention to his next move?
Or could this be a way to sow doubt among the Deep State?
Will this make them think that Dimon was secretly making deals with President Trump to join his team?
Reuters reports:
JPMorgan Chase (JPM.N), opens new tab CEO Jamie Dimon will not be invited to be a part of Donald Trump's administration, the U.S. president-elect said on social media on Thursday.
"I respect Jamie Dimon, of JPMorgan Chase, greatly, but he will not be invited to be a part of the Trump Administration," Trump said in his post.
A source told Reuters last week Dimon will remain at the bank and had no plans to join Trump's administration after earlier having been the subject of speculation as a Treasury secretary candidate in the run-up to the Nov. 5 election.
Trump, a Republican, beat Democratic Vice President Kamala Harris in the election. Dimon said last month that his chances of taking an official post were "almost nil".
Trump is yet to announce a Treasury secretary pick.Dimon, who is one of the most prominent leaders in corporate America, has run JPMorgan for almost 19 years.
Dimon and other members of the bank's operating committee congratulated Trump and other elected representatives, according to a memo to staff last week seen by Reuters.The outspoken CEO travels frequently to Washington to speak with policymakers and has expressed views on everything from housing and the U.S.-China relationship to the economy. He continued his tradition of not endorsing any presidential candidate this year.
WORD ON WALL STREET: Our panel breaks down the Federal Reserve's next moves and react to Trump ruling out a role in his administration for Jamie Dimon pic.twitter.com/JJFaKxEjWe
— Mornings with Maria (@MorningsMaria) November 15, 2024
RELATED REPORT:
JP Morgan Chase CEO Jamie Dimon Preparing For High Risk — “Things Go Terribly Wrong”
JP Morgan Chase CEO Jamie Dimon Preparing For High Risk -- "Things Go Terribly Wrong"
Jamie Dimon is back in the news today, admitting he is preparing for basically every bad scenario under the sun.
On one level, that's just what a good CEO does.
They are constantly doing a "SWOT" analysis and looking for any hidden risk anywhere they can find it.
SWOT stands for Strengths, Weaknesses, Opportunities, Threats.
Risks fall under the "Threat" category.
Some of the best CEOs are constantly paranoid, constantly looking for anything that could take their business down.
And that's what Dimon sounds like in this clip.
Watch here:
Jamie Dimon expecting very bad things to come....
Paranoid or just smart business planning? pic.twitter.com/f84Z0QCT4B
— DailyNoah.com (@DailyNoahNews) May 17, 2024
As I said, on one level it's just good business.
In fact, we've warned you plenty ourselves that we too see a MAJOR risk coming in the form of an EMP Attack.
Those details here (and what you can do to prepare) if you missed it:
Here’s Why I Think An “EMP” Is The Biggest Threat To America Right Now
But Dimon is as connected as they come, and some are wondering if he has the insiders playbook...
Does he know what's coming next?
Does he know a big Black Swan event is coming?
I think these are all fair questions:
🚨 Jamie Dimon discusses risk management: Geopolitical crises 🔸cyber risks 🔸high energy 🚩
He also emphasizes the importance of being prepared if things go terribly wrong and #Fintechs.
Does Jamie have the playbook? 📕 🤔#Gold #Silver #Crypto pic.twitter.com/rKAm8n873R
— Subjective Views (@subjectiveviews) April 28, 2024
In fact, it really caught our attention recently when we saw that Jamie Dimon suddenly filed paperwork to sell a ton of his shares in the Bank.
Why is that weird?
Because he has NEVER done that before.
Literally, never before in 18 years.
But now he's cashing out.
Why?
Well, inquiring minds want to know.
Here was our prior report (I will publish in full below):
Insider’s Selling (Part 3): Jamie Dimon Sells MILLIONS Of Stock — First Time Ever In Over 18 Years
Insider's Selling (Part 3): Jamie Dimon Sells MILLIONS Of Stock -- First Time Ever In Over 18 Years
This is Part 3 of a 3-part series about Stock Market Insiders selling massive amounts of stock in their companies.
Parts 1 and 2 are listed below in case you missed them:
Insider’s Selling (Part 1): Jeff Bezos Sells $8.5 BILLION of Amazon Stock
Insider’s Selling (Part 2): Walton Family Cashes Out of Wal-Mart!
And now part 3, featuring JP Morgan Chase CEO Jamie Dimon.
Load MoreThis is a fascinating one to me because since Dimon became CEO of the bank in 2006, he has NEVER sold a single share --- until now:
That's 18+ years and not a single sale.
So why now?
Why $150 MILLION now?
SHIT ABOUT TO HIT THE FAN? Jamie Dimon sold $125m of JPMorgan stock through a plan, while his wife Judith Kent sold $25m of stock
By Ed Lin
Friday, 23 February 2024 at 02:03https://t.co/o3ZjlPKQwI— Jack Straw (@JackStr42679640) February 24, 2024
Is Dimon selling perfectly at the top?
That remains to be seen, but what we know for sure is he perfectly bought at the bottom:
Jamie Dimon bought 1.235 million shares in the open market from 2009 to 2016 at the exact times when markets bottomed.
Last week, he sold 821,778 shares of JPM stock worth $150 million for the first time ever.
Impeccable timing? pic.twitter.com/Nk99iHm5Jj
— Wall Street Mav (@WallStreetMav) February 26, 2024
In other words, I'm following this guy!
Here are more details, from the NY Post:
JPMorgan Chase chief Jamie Dimon cashed in about $150 million of his stock in the bank — the first time the head of the largest US lender has sold shares since taking charge in 2005.
Dimon, one of the longest-serving chief executives on Wall Street, unloaded 821,778 shares of JPMorgan, according to an SEC filing Thursday.
The selloff is part of a larger plan the bank revealed in an SEC filing in October to sell 1 million of the 8.6 million shares Dimon and his family own.
A spokesperson for JPMorgan confirmed to The Post that “this was the planned sale of less than 10% of his holdings that we announced last October.”
Jamie Dimon in a suit gesturing as he speaks during a Senate hearing on Wall Street firms.
At that time, a regulatory filing attributed Dimon’s trimming of his personal stake in JPMorgan to financial diversification and tax-planning purposes.
U.S. stocks smashed a new record high last week, but the rally may not last for long thanks to heightened risks that the economy returns to a 1970s-style stagflation scenario.
US heading to 1970s-style stagflation, JPMorgan Chase strategists warnChase sued over ‘unconscionable and predatory’ junk fees for depositing checks that bounce
JPMorgan shares were up over 1%, to $183.07, in early trading Friday and the firm has a market capitalization of $527.3 billion — the largest of any US bank.Year-to-date, JPMorgan has already seen its share price rise more than 6%.
Year-to-date, JPMorgan has already seen its share price rise more than 6%. Under Dimon’s nearly two-decade reign, JPMorgan’s shares have increased some 250%.
Year-to-date, JPMorgan has already seen its share price rise more than 6%. Under Dimon’s nearly two-decade reign, JPMorgan’s shares have increased some 250%.
Even after the selloff, Dimon and his family still own about 7.6 million shares in JPMorgan, which has more than $2.5 trillion under management, per the bank’s website.Dimon “continues to believe the company’s prospects are very strong and his stake in the company will remain very significant,” JPMorgan told The Post in October after announcing his planned stock sale.
Dimon’s transactions involving JPMorgan shares are subject to the terms of Rule 10b5-1 of the Securities and Exchange Act of 1934, the bank told The Post, which requires insiders to sell company stock by setting up a predetermined plan that specifies a transaction date and the amount of stock to be sold.
So....what should you do? What CAN you do?
I will repeat what I've said in all 3 parts of this series....I am NOT a financial advisor -- hear me clearly on that -- but if you'd like to get out of stocks and into something SAFER for your retirement, may I suggest that Gold has ALWAYS been God's money?
Gold has never failed, it was money in the Bible and it's still money today.
And a store of value.
So how do you protect yourself?
And your family?
How do you stay safe?
And....here's a nice kicker....how can you do it with no money out of pocket? (Yes, really!)
Simple: you need to get some #Gold or #Silver in your own possession.
It's called "physical" gold and silver.
Not paper traded garbage on the stock exchanges that isn't backed by anything.
Don't touch that stuff.
I have two special hook-ups for you.
Both involve PHYSICAL gold and silver.
Because if you do NOTHING else, make sure you own "physical" gold and silver, not paper contracts.
The paper contracts (like stock ticker SLV and GLD) could very well go POOF one day and disappear or go to zero, because they're not actually backed by the gold and silver they claim to represent.
It's a massive game of musical chairs out there and when the music stops (and I think it will stop soon...) people who only own paper might find themselves owning something not worth the paper it's literally written on.
And I know you'll never forget it if I give you this GIF so....Let's Get Physical:
Now...WHERE do you get physical gold and silver and how do you know it's real and safe?
And that you're getting the best price?
Oh, and how about personal one-on-one real customer service?
You know, like you were some Big Wig millionaire at Goldman Sachs who could just call their personal banker and get help?
That's what I'm about to tell you.
I have two killer connections for you...
The first is for purchasing gold and silver bullion.
That means bulk bars.
That's the cheapest and most economical way to do it, to stretch your dollar into as much gold and silver as possible.
The website is called WLT Precious Metals and when you see my logo in the top left-hand corner, you'll know you're in the right place.
You'll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.
How about that!
You don't see that much anymore, but Ira and his team pride themselves on good old-fashioned real customers service:
No sales pitch, just real, actual help.
And the best prices you will find.
Here's the only disclaimer I will give you: because they do pride themselves on dedicated service, it might take a few days before you get a phone call back. Just be patient.
Good things come to those who wait!
You can contact Ira and WLT Precious Metals here.
Ok, that was #1.
Now I want to tell you about option #2.
An equally great company, I am so happy to be working with these guys.
This next company is called Genesis Gold and this is for people who want to purchase real physical gold or silver in their IRAs (Investment Retirement Accounts).
You know what the beauty of that is?
TAX FREE baby!
I'm not a tax advisor, but that's a general oversimplification.
Never pay more taxes than you are legally required to pay.
And that's why I love getting gold and silver in my IRA (and why I hold a large chunk in an IRA myself!).
There's so much to love about Genesis Gold, starting with the fact they are proudly and un-ashamedly Christina!
They call it "Faith-Driven Stewardship" and they put it right on the homepage of their website along with a quote from Ezekiel:
Here's more on why gold and silver in your IRA are so powerful:
You can contact Genesis Gold here.
They are also very backed up with record demand, so you may have to wait a bit, but someone WILL get in touch with you for personal customer service and assistance!
Tell 'em Noah sent ya!
Oh, and did you know Genesis is recommended by SUPERMAN himself?
It's true.
Superman himself, Clark Kent -- Dean Cain -- came on my show a few weeks ago and we broke it all down:
Watch here:
Stay safe!
Make sure you can weather the storm when it hits!
Because the storm always hits eventually, doesn't it?
As for me and my house, we will be ready.
This is a Guest Post from our friends over at WLTReport.
View the original article here.
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