“We’re going to be going into very lumpy, bumpy times,” warns Clem Chambers, founder of ANewFN. In a new interview with Daniela Cambone, Chambers predicts a coming credit bust fueled by opaque private lending and overleveraged companies. “If companies can’t pay back the credit,” he says, “it will end up in a scenario similar to 2008.” On the Fed, Chambers is emphatic in his support despite the criticism it often receives: “People love to hate on the Fed, but without it, the financial system would’ve imploded multiple times by now.” He also underscores gold’s role in moments of deep systemic uncertainty: “Gold doesn’t just rise when inflation’s high — it rises when faith in the system cracks.”

Could the next financial crisis be hiding in plain sight?

The $2 trillion private credit market is ballooning out of control, propping up “zombie companies” that should’ve collapsed years ago. As the merry-go-round of borrowing spins faster, all it takes is one jolt—a credit freeze, a Fed misstep—for the entire structure to implode. In this explosive interview, financial insider Clem Chambers breaks down why a credit bubble collapse could hit sooner than anyone expects.

The Shadow Banking Menace: Private Credit’s Silent Takeover

Shadow banks aren’t just a fringe risk—they’re the new Wall Street.

Chambers highlights a critical and underreported development: the explosive rise of private credit and shadow banking.

• These non-bank entities lend trillions to corporations with minimal transparency
• Their interconnected borrowing and lending mirrors the lead-up to the 2007-08 crisis
• A liquidity freeze would cripple thousands of zombie firms that survive solely on cheap debt

“It’s a mini version of the financial crisis in 2007… a couple of trillion dollars big. The wheels haven’t come off yet.”

Zombie companies, which can’t survive without constant borrowing, are now deeply entrenched in the American economy. Once lending halts, these firms collapse—and that collapse ripples across markets.

The Dollar Dilemma: Too Strong for Its Own Good

Clem Chambers’ take? The dollar’s strength is an illusion—and a liability.

While many fear dollar debasement, Chambers argues that the real danger lies in a dollar that’s too strong:

• A strong dollar inflates GDP artificially, misrepresents U.S. economic health
• Hurts exports by making American goods expensive abroad
• Could lead to deliberate weakening through lower interest rates

“GDP per head in the US is way out of kilter. That’s a sign the dollar is too strong.”

A weaker dollar might benefit trade and industry—but it also boosts gold, silver, and other tangible assets.

Is the Fed the Villain or the Hero?

Jerome Powell: master of disaster… or quiet savior?

Chambers delivers a surprising defense of the Federal Reserve:

• The Fed’s interventions (QE, bailouts) prevented total collapse in 2008 and during COVID
• Critics forget that without these moves, the U.S. economy would be a smoking crater
• Fed balance sheet reductions (QT) have been smooth, unnoticed—a quiet success

“Without QE, America would have collapsed. The Fed bailed everyone out. You just didn’t realize it.”

Still, the Fed is stuck between a rock and a collapsing credit bubble. And with Trump threatening to fire Powell, chaos at the top could trigger even deeper instability.

Signs of a Blow-Up: Bitcoin, Bubbles, and Commodities

Markets always whisper before they scream.

Clem points to early warnings of market distress:

• Bitcoin rallies often precede financial turbulence
• AI-fueled hype may trigger another tech bubble, particularly in overvalued stocks like NVIDIA
• Commodities like copper remain massively undervalued despite rising demand

“Bitcoin strong? Something wicked this way comes.”

For investors, Chambers advises watching for:

• Rapid tech rallies that mimic the dot-com boom
• Commodity slow burns that eventually explode upward
• A Fed pivot back to QE as the final confirmation of crisis

Why Gold & Silver Are the Smartest Play Right Now

When fiat falters, tangible assets endure.

Chambers is blunt:

“I love gold. I’ve got so much gold I should change my name to Aurick.”

Why gold and silver now?

• Inflation is here to stay
• Government debt and deficits are spiraling
• Currency debasement is likely as the Fed bends to political pressure
• Geopolitical risks and credit instability boost demand for safe-haven assets

Gold and silver aren’t just inflation hedges—they’re lifeboats when the credit tide recedes and exposes the wreckage.

Conclusion: Brace for Impact

The credit bubble collapse isn’t a conspiracy theory. It’s baked into the structure of our modern financial system. Zombie companies, shadow banks, and an overstretched Fed are the kindling. All that’s missing is the spark.

This isn’t about doom and gloom. It’s about being ready.

When the music stops, only those holding real assets like gold and silver will sleep soundly.

About ITM Trading

ITM Trading has over 28 years of experience helping clients safeguard their wealth through personalized strategies built on physical gold and silver. Our team of experts delivers research-backed guidance tailored to today’s economic threats.

THINKING ABOUT PURCHASING GOLD & SILVER?
Get expert guidance from our team of analysts with 28+ years of experience.
👉 [SCHEDULE YOUR CALL HERE] or call 866-706-9061