Big Losses for Banks Coming in 2026 – Charles Nenner
By Greg Hunter’s USAWatchdog.com
Last April, renowned geopolitical and financial cycle expert Charles Nenner predicted a depression cycle starting at the end of 2025 into 2026. The economy is clearly slowing down, and the latest “1 million plus” negative jobs revision that comes out Wednesday (2/11/26) certainly points to a tanking economy. Nenner says, “I have to adjust for all the immigrants let into the country, but we will soon see unemployment numbers go up.”
The next big downward surprise for the economy is big losses for the banks. Nenner predicts, “The institutions I work with that are selling real estate in New York are telling me a lot of banks are already negative. If you look in their books in California, they already had these big losses. They did not get out of their bonds because they thought interest rates would never go up. There are a lot of things that are already wrong, but it has not come out yet. I don’t know if there are going to be failures, but it will come out, and they will have big losses when they have to show the books.”
So, what is Nenner predicting will happen with the troubled banks? Nenner says, “I guess the Fed will step in or the government will step in . . . because if you are a banker and you lose a fortune, then you are always bailed out with tax money. This is why they never improve.”
With gold and silver, there is good news and bad news. First comes the bad news. I asked Nenner if he would be a buyer of silver and gold now? Nenner says, “No, not right now because the cycle is down for the moment. . .. It is the same thing for gold. The cycle is down. If we close below $4,700, we will get some downside price targets. Usually, things that go up fast also go down fast. It’s not over for gold and silver; it’s just a correction.”
Nenner put his clients in gold at $1,600 an ounce, and he bought silver at $29 per ounce. Now comes the good news, as Nenner points out, “The bull market for gold and silver will continue to the end of 2027. By then, we can do some fine tuning.”
There is much more in the 49-minute interview.
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
Advertisement
______________________________________________________
