Nearly two years ago, we downgraded JPMorgan Chase to a Weiss Ratings of D, implying grossly excessive risk taking by the bank.
And virtually every chance since, we repeatedly published this warning about JPMorgan in Money and Markets, Safe Money Report, and multiple press releases.
Then, last week, we jumped online with a video that took our warnings to the next level — with this forecast:
“Some of the world’s largest banks will suffer massive losses and huge new bailouts will be needed.”
Global hyperinflation, gold at $5,000/oz, etc. Oh, dear! -- RF