"Big Losses for Banks Coming in 2026"
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 came 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.”
On the war cycle, good news—for now. In the Middle East, Nenner says, “Right now, the war cycle is not going to heat up.” How about the war cycle for Europe and Russia? Nenner says, “No, they are not going to heat up either. The war cycles are topping right now. It’s not going to heat up for the short term.” Nenner is still worried about China and Taiwan at some point in the future. The really bad news on the war cycle comes in the 2030 to 2032 time frame. Nenner says, “The 2030 to 2032 war cycle is going to be very bad. There are going to be a lot of casualties. They start shooting rockets, and how many people are going to die? I think it will be in the billions of people, and that is what the numbers show.”
Nenner warns of terrorists let into the country by the Biden Administration that could set off bombs in the US “on a big scale.” Nenner contends this will be part of the war cycle that comes at the end of this decade. Nenner also said Trump could help cushion the financial fall of the USA, but he could not stop the down financial cycle. Nenner pointed out, “You cannot stop winter, but you can get a winter coat, and Trump is a winter coat.” Now, Nenner says, “There was so much damage done to America that Trump can’t fix it. The cycle is turning down, and you can’t do anything about it.” Nenner also predicted in January of 2024 that President Trump “would be coming back.” So, let’s all pray to God the Father for divine help. There is much more in the 49-minute interview."
Join Greg Hunter on Rumble as he goes One-on-One
with renowned cycle analyst and financial expert Charles Nenner:
No comments:
Post a Comment