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.
“This is beyond stupid. Management MUST do what is best for shareholders. “Wink wink” and favors later is not the way it works. If tariffs are deemed illegal, management MUST demand refunds, end of story…”
Trump says ‘I’ll remember’ companies that don’t seek tariff refunds
President Donald Trump on Tuesday told CNBC that he will gratefully “remember” U.S. companies that do not seek refunds for the tariffs he unilaterally imposed, which the Supreme Court later ruled were illegal.
He was asked about a number of large companies, among them Apple and Amazon, that have not filed requests for refunds for the tariffs they paid, potentially because they are worried about “offending” Trump.
The Canadian Federal Liberals have finagled themselves a new majority government and they’re hitting the ground running.
Heritage Minister Marc Miller said the quiet part out loud in a scrum on Parliament Hill on April 15th, days after a combination of by-elections and floor-crossers gave the party their first majority in 6 years:
“Cabinet is serious about regulating legal internet content now that it has a parliamentary majority, Heritage Minister Marc Miller said yesterday. “There are some opportunities here,” he told reporters.”
“It’s no secret that we have been in a minority for six years,” said Miller. “There are some opportunities here.”
Those opportunities include a third crack at an Online Harms bill and there will be some manner of regulation over legal internet content.
“Whether you hate President Trump or not, this should be very concerning to you.”
Five stories Democrats told during Trump’s 2019 Ukraine impeachment have fallen apart
Several Republicans, including the influential House Judiciary Committee Chairman Jim Jordan, are throwing their weight behind an effort to repudiate or expunge the 2019 House impeachment vote against President Donald Trump after years of belated bombshells eroded most of the scandalous narrative Democrats sold to America seven years ago.
The latest evidence to boomerang on the 2019 Democrat House impeachment managers came last week when Just the Newssuccessfully persuaded Director of National Intelligence Tulsi Gabbard to release long-secret memos showing the intelligence community had raised red flags about the credibility and political motives of the CIA analyst who prompted the scandal with a tale that Trump had wrongly pressured Ukraine’s president to investigate the Biden family.
One Of The Most Fascinating Articles On Gold You Will Ever Read
With so much chaos unfolding across the earth that has been the catalyst for one of the most turbulent market environments in history, this is one of the most fascinating articles on gold that you will ever read.
April 10 (King World News) – King World News was given permission by Dr. Marc Faber at the Gloom Boom Doom newsletter to republish the following article from Jan Baltensweiler at VON GREYERZ: On last year’s conference tours, from Colorado to Frankfurt, Vienna and Prague, renowned gold expert Ronald-Peter Stöferle often encountered the same question:
“Are we already too late to buy gold?”
The question itself says more than any dataset. It reveals a simple truth: most investors were never really involved in the move to begin with.
”Could this be the vaxx elephant in the room again?”
15-year-old tennis prodigy suddenly drops dead on court
A 15-year-old Italian tennis player has died after suffering a cardiac arrest during a routine training session, leaving his local community in profound shock and prompting a full medical investigation into the circumstances of his death.
Luigi Santarelli, from the coastal town of Francavilla al Mare, collapsed on court at the Cittadella dello Sport complex in San Giovanni Teatino, Italy, on April 8.
“They are telling you flat out about “The Great Taking”!”
Operational guide to bail-in resolution
This publication describes how the Bank could execute a bail-in resolution, and the operational processes and arrangements that may be involved in this.
Purpose of the guide
1.1 The Bank of England (the Bank), as the UK’s resolution authority, is responsible for taking action to manage the failure of certain financial institutions, including UK headquartered banking groups and UK-incorporated banks and building societies (together, firms),footnote[1] a process known as ‘resolution’. Resolution allows the shareholders and unsecured creditors of failed firms to be fully exposed to losses, while ensuring the critical functions of the firm can continue and helping to preserve financial stability. Resolution reduces risks to depositors, the financial system, and public funds that could arise due to the failure of a firm. By ensuring losses will fall on a failed firm’s investors, rather than depositors or taxpayers, resolution can both reduce the risk of firm failures by supporting market discipline and limit the impact of failure when it does occur.
AI Layoffs: Prisoner’s Dilemma + Red Queen = Unavoidable Depression
Academia is starting to analyze “AI layoffs,” and the result is not pretty. A recent studyseems to conclude that another Great Depression is unavoidable.From an X post summary, with a few links added for context:
Two researchers from UPenn and Boston University just published a paper called “The AI Layoff Trap”.
They proved something terrifying..
Every company replacing workers with AI is also firing its own customers.. Every laid-off employee is someone who used to spend money.. When enough people lose their jobs.. Nobody can afford to buy anything.. And the companies that fired everyone go bankrupt selling products to an economy with no purchasing power..
Every CEO can see this coming.. The math is obvious.. Fire workers.. Lose customers.. Lose revenue.. Collapse..
⚡️4 Trading Days Remaining for Chinese Silver Short Bian Ximing to Cover or Roll (Chinese authorities may not allow the latter) 450 METRIC TONS of Short Silver Futures‼️
🔥Reminder: Bian is NAKED SHORT 14.47 MILLION oz of Silver on an #SHFE Exchange with a TOTAL SILVER INVENTORY OF 12 MILLION OZ⚠️
🚨If Bian is forced to cover, it could trigger the MOTHER OF ALL SILVER SHORT SQUEEZES⚠️
“$22 Billion per week just to pay interest alone?”
The U.S. government is spending $88 billion a month in interest on national debt—equal to spending on defense and education combined
The problem with an increasing debt burden is that it costs more to maintain it: This is precisely the issue with which the U.S. Treasury is wrangling at present. As total U.S. national debt ticks over $39 trillion, the interest payments on that value are eye-watering: $529 billion for the first six months of the current fiscal year.
A new budget update from the Congressional Budget Office (CBO) released yesterday highlights that the government—according to preliminary estimates—paid out the near $530 billion between October 2025, when the fiscal year starts, and March 2026. This equates to more than $88 billion in interest payments a month, or more than $22 billion a week.
BillHolter.com 