Bill’s Commentary:
“Bank of America?”
Bank of America has stark message for Silver investors
Most commodity forecasts move in a narrow band. Analysts nudge numbers up or down a few percentage points and call it a year-end target. What Bank of America just put on the table is something else entirely.
The bank’s metals team is projecting silver could reach anywhere between $135 and $309 per ounce before the end of 2026. That is not a typo. And the reasoning behind it deserves more attention than most investors are giving it right now.
Both price targets are rooted in the gold-to-silver ratio, currently sitting at roughly 59:1, according to FastBull. The ratio measures how many ounces of silver it takes to buy one ounce of gold. The higher the number, the more undervalued silver looks relative to its historical relationship with gold.
BillHolter.com 