No, this is NOT a repeat.
It might feel that way because Moody’s did the same thing in 2023…
And Moody’s just downgraded the US credit rating just a few days ago — story here if you missed it:
BREAKING: Moody’s Downgrades U.S. Credit Rating From AAA to AA1
But this is new.
Moody's has now downgraded 3 of the top 5 US banks -- JP Morgan Chase, Bank of America and Wells Fargo. That would be the #1, the #2 and the #4 largest banks in the USA.
All Major Banks downgraded by Moodys. Your deposits are NOT SAFE in US financial institutions. Bank runs and Bond collapse will happen soon. God Bless https://t.co/olxqKcqz4Q
— Christopher Greene 😎🏝🚀⛵️ (@amtvmedia) May 20, 2025
Here's more, from Reuters:
Moody's on Monday downgraded the long-term ratings of top American lenders such as JPMorgan Chase (JPM.N), opens new tab, Bank of America (BAC.N), opens new tab and Wells Fargo (WFC.N), opens new tab, after pushing the U.S. out of top triple-A rating club over its burgeoning $36 trillion debt.
It also downgraded the long-term deposit ratings of BofA, JPMorgan and Wells Fargo to Aa2 from Aa1 and cut the long-term counterparty risk ratings of certain rated subsidiaries and branches of BNY (BK.N), opens new tab and State Street (STT.N), opens new tab to Aa2 from Aa1.
The sovereign credit rating cut on Friday sent ripples through global markets and came on a day when U.S. President Donald Trump's tax bill failed to clear a key procedural hurdle, as hardline Republicans sought deeper spending cuts.
Wells Fargo and Other US Banks Get Ratings Cut by Moody’s. Why Their Stocks Aren’t Getting Crushed. https://t.co/fvaKThUx5o
— Barron's (@barronsonline) May 19, 2025
But that wasn't all....
YahooFinance reports there were even more downgrades:
In addition, Moody’s downgraded the senior unsecured debt ratings of select subsidiaries and branches of Bank of America and Bank of New York Mellon, also reducing them from Aa1 to Aa2. The agency further downgraded the long-term counterparty risk ratings for certain units of Bank of America, BNY Mellon, JPMorgan, State Street, and Wells Fargo to Aa2 from Aa1.
Moody’s delivered a setback to Washington on Friday, May 16, by downgrading the U.S. credit rating from the highest level to AA1, making it the final member of the big three rating agencies to strip the U.S. of its triple-A status. The move initially rattled markets on Monday morning, though stocks later rebounded by the end of the trading day. Following the news, gold prices climbed over 1% on Monday, supported by a softer U.S. dollar and increased demand for safe-haven assets.
Moody’s downgrade of the U.S. credit rating turned out to be a major buying opportunity for retail investors. Following the announcement, individual investors jumped into the market, continuing their trend of buying the dip amid recent market swings. According to data from JPMorgan’s trading desk, retail traders purchased a net $4.1 billion worth of stocks between the market open and 12:30 p.m. ET on Monday, which is the highest amount ever recorded for that time frame and an extremely rare move, exceeding 11 standard deviations. By the end of the trading session, their net purchases reached $5.4 billion. Retail investors also accounted for 36% of the day’s total trading volume, setting another record.
Meanwhile, as the US Dollar crashes, Bitcoin set a new all time high today, nearly breaking out over $110,000 for the first time ever (gee, who has been telling you this was coming?):
Look, I can't tell you what to do, I'm not a financial advisor.
But me personally?
I have a big chunk of my assets in crypto and another big chunk in precious metals.
I keep as little as possible in the banks.
That's just what helps me sleep best at night.
Here's more on gold:
Here's Why Central Banks Are Buying All the Gold They Can -- And What YOU Can Do!
For the last year, central banks across the globe have been buying up as much gold (and often silver) as they can acquire without raising alarm bells. Now, we see why.
The recent bank runs and ongoing collapse of the U.S. banking system was anticipated by the "elites" and the central bankers who run things behind the scenes. They saw it coming and knew the best way to protect their assets was through physical precious metals.
If you've been waiting for me to bring you a solution about what YOU can do to protect yourself and you're family, I'm happy to introduce you to something I absolutely love!
Precious metals.
I just talked about precious metals this week with Bo Polny and now I'm bringing you a solution that you can utilize right away if you're so inclined...
A faith-driven, conservative precious metals company is currently helping Americans tap into the rising precious metals market through self-directed IRAs backed by physical precious metals. And while this service is not unique to Genesis, their adherence to Biblical stewardship of money makes them singularly qualified to receive a sponsored recommendation from this site.
Unlike most companies offering similar services, Genesis deals only with physical precious metals. They do not offer "virtual" or "paper" gold or silver.
With Genesis and their depositories, customers can see and touch the precious metals that back their retirement accounts. When it comes time to take distributions, Genesis customers can cash in some or all of their precious metals or have them delivered to their door.
Central bankers aren't slowing down. In fact, nations like China and even U.S. states like Tennessee are quickly but quietly buying up gold to back their own treasuries. When the writing on the wall is this clear, it's understandable why these governments are moving quickly to get ahead of any potential economic catastrophes in store.
Working with Genesis is the best way our readers can explore the physical precious metals market through self-directed IRAs. It benefits us as well when our readers work with this America-First company.
Visit genesiswlt.com or call 866-292-0443 today.
Don't wait too long, we might have more bank failures right around the corner.
You know what has NEVER "failed"?
Gold. Precious metals. Indestructible.
There's a reason they call it "God's money".
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