🚨 Banks Bet on Collapse as They Close The Exits
The biggest banks in America just posted record profits. They're also quietly betting a multi-trillion dollar corner of the financial system is about to break.
These two things are not in conflict. They are the same trade.
Private credit. Shadow banking. Trillions of dollars loaned out in the dark, bankrolled by the same banks now selling derivatives against the entire sector. Pension funds, annuities, IRAs, 401(k)s all piled in chasing yield. Default rates already hitting 6%, with 8% on deck. The funds are freezing redemptions. The Treasury is quietly meeting with insurance companies to figure out how bad it really is.
Jamie Dimon says a dollar more per gallon is "a rather small component of consumer spend." He'd know. His bank is having its best quarter in years.
So what do the banks know that you don't? And who, exactly, do you think gets left holding the bag this time?
About ITM Trading: ITM Trading has spent nearly 30 years helping clients prepare for monetary resets, inflation, and systemic risk using physical gold and silver. We focus on education, historical context, and strategies designed to protect wealth when trust in the system breaks down.