Yep, it’s official. Bank of America just told its institutional clients that silver could finish 2026 anywhere between $135 and $309 an ounce.
Michael Widmer, the bank’s head of metals research (not some guy on the YouTube circuit, not a goldbug newsletter, not us), got there using sixth-grade arithmetic on the gold-to-silver ratio. With gold near $5,000, he ran the 2011 ratio low of 32:1 and got $135. He ran the 1980 Hunt Brothers extreme of 14:1 and got $309.
That arithmetic was the same arithmetic in 2013.
And in 2018.
And in 2021.
The only thing that changed is who’s willing to say it on bank letterhead.
The exhibit
Here’s TheStreet’s coverage…
Read the full article at ACTIVISTPOST.COM
