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Key Points Bank of America's metals chief just issued a silver price target so wide it raised eyebrows even among bullsThe physical silver market has now recorded deficits for five straight years, and 2026 is expected to make it six There is a specific scenario that could send silver to levels not seen since a famous market squeeze decades ago 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...

119th CONGRESS 2d Session H. R. 8007 To amend the Commodity Exchange Act to reduce systemic risk while increasing geographical diversity and competition with respect to depositories for the storage of precious metals, and for other purposes. IN THE HOUSE OF REPRESENTATIVES March 19, 2026 Mr. Fulcher (for himself and Mr. Harris of North Carolina) introduced the following bill; which was referred to the Committee on Agriculture A BILL To amend the Commodity Exchange Act to reduce systemic risk while increasing geographical diversity and competition with respect to depositories for the storage of precious metals, and for other purposes. Be...

U.S. Fiscal Situation Continues to Deteriorate In just the past week, the debt and deficits of the United States took further blows as spending increases, falling revenues, and geopolitical hostilities tightened the funding vice. Distractions vs. Long-Term Trends Even if you're primarily a precious metal investor, you've likely been distracted by war headlines for the past few weeks. Over that same time, however, other long-term headlines have surfaced that will greatly impact gold and silver over time. You may have missed them, so, for this week's post, let's recap. Monthly Treasury Report – March Deficit Let's start with the latest...

(Kitco News) - Gold prices are modestly down and silver prices modestly up in early U.S. trading Tuesday, just ahead of a key U.S. inflation report. Risk aversion remains elevated in the marketplace amid an active geopolitical environment. February gold was last down $25.80 at $4,589.10. March silver prices were up $0.474 at $85.58.

One in three or more farms in Arkansas could be shuttered by next spring if the federal government doesn’t provide some type of supplemental assistance to farmers this fall, Agriculture Council of Arkansas President Joe Mencer told Talk Business & Politics. Commodity prices continue to plunge and as of mid-August the state’s ag sector was projected to lose $1.145 billion this season and that number has ballooned by another $300 million by the end of the month to $1.4 billion as rice prices spiraled downward to an eight-year low. And, the overall losses will almost certainly continue to rise, Mencer...

The abortion industry’s extremism rarely shocks me, or anyone else entrenched in the pro-life movement, anymore. After all, it’s the business of killing innocent human beings in the womb for profit. Thankfully, the 2024 election between former Vice President Kamala Harris and President Donald Trump brought abortion extremism, preborn death up to nine months gestation, to the forefront of Americans’ minds, but also the unethical business practice of in vitro fertilization (IVF). And, it seems the public is starting to catch on to the ethical issues of the IVF industry and how it’s not as “pro-life” as some have been...

Ancient texts speak of a strange and valuable metal known as orichalcum. The mystical material was often dismissed as a fantastical invention – until they discovered a large cache of the stuff in the Mediterranean Sea. Orichalcum’s name is derived from the Greek for "mountain copper.” One of its most prominent mentions comes in the legend of Atlantis by Plato, in which it is described as “more precious [...] than anything except gold.” The dialogue, called Critias, explains how the mythical citadel of Atlantis was adorned with walls, pillars, and floors that were coated in orichalcum, endowing the building with...

A Wall Street analyst has been fired after he was filmed telling a Jewish American to “go back to your country” while he also covered hostage posters with signs accusing Israel of being an “apartheid state” committing “genocide.” Freepoint Commodities confirmed in a statement that the employee seen in a now-viral video “is no longer associated with” the company that “does not tolerate discrimination and hate speech directed against any group.” He was identified by journalist Andy Ngo as Kurush Mistry, which sources later also confirmed to the Financial Times. The woman with him — who called Israelis “rapists” —...

Crushing federal and state regulations are forcing California's farmers to move operations to Mexico. What could go wrong? Anybody notice who might be getting their hands on the U.S. food supply? I found it buried in an Epoch Times story about Congress's upcoming Farm Bill spendathon, set to go to a vote in December. It's supposedly aid to U.S. farmers, including California's, the U.S.'s top agricultural state, which produces much of the U.S. food supply. But it's hardly a solution. Turns out the regulatory burden is so nasty out there it's driving farmers in California to move operations to Mexico...

Trillion Energy International Inc. (CSE: TCF) (OTC: TRLEF) (Frankfurt: Z62) is a company in the right place at the right time as it is poised to bring on desperately needed natural gas production within weeks to the European market. With energy prices going parabolic, gas supplies cut off and the Ukraine War drags on with no end in sight, Europe is facing a long cold winter and a decade of sky-high energy pricing. Russia has indefinitely shuttered the Nord Stream Pipeline, thereby cutting off much of Europe’s natural gas supply, in retaliation for Western sanctions. The pipeline won’t flow again...

As the global economy labors under sky-high energy costs, those costs are bleeding through the entire economy triggering record-setting inflation. One sector being increasingly battered by the high energy prices is the commodities sector, and that is raising prices which will be passed on to consumers through every producer and manufacturer dependent on those commodities to produce their products. The storm hitting commodities will eventually add to the pressures on consumers, and affect investors, as it affects the profitability of the companies who supply products. And things are set to get even worse as winter approaches, and supplies of natural...

Kazakhstan’s president on Thursday blasted his government for its handling of a sugar crisis as shortages and price spikes contributed to chaotic scenes in supermarkets. Rising living costs since the beginning of the coronavirus pandemic have helped fuel unrest in Central Asia, including in the region’s richest country, Kazakhstan, where bloody turmoil in January left 238 people dead. Demonstrators attend a rally in memory of victims of the recent country-wide unrest in Almaty on February 13, 2022. Hundreds gathered in Kazakhstan’s largest city Almaty on February 13, 2022 to commemorate victims of the deadly unrest last month, defying an official...

The US is a movin’ on up to the high side ... of energy prices. Today, WTI crude oil futures broke through the $110 barrier. The WTI Crude crack spread, the differential between the price of crude oil and petroleum products extracted from it, is up 535% under President “I HATE OIL!” Biden and diesel fuel is up 121%. WTI crude is up 1% today. “Crack? I thought crack was something that Hunter did!” – Joe Biden

We have a double whammy facing investors, The Federal Reserve wanting to take away the monetary punch bowl and Federal energy policies that are crushing middle-class households and lower-wages workers. But how do you hedge against The Federal Reserve tightening and Biden’s reckless energy policies? Take a look at investing in commodities (S&P GSCI Commodity-Indexed Trust and the Bloomberg Commodity Index) versus the S&P 500 Total Return index since The Fed began signaling that they would take away the monetary punch bowl. Yes, commodities like food and gasoline/diesel prices are up dramatically under Biden’s energy policies (not to mention the...

It has been a miserable day for markets as The Federal Reserve struggles to get inflation under control. The Dow fell over 1,000 points today and NASDAQ was down a cool 5%. Is the Hinderburg Omen back in fashion? Better yet, the Powell-Yellenburg Omen? While equity markets have gotten clobbered by Powell and the Gang, commodities at least rallied in the afternoon.

Having suddenly and ultra-aggressively turned on it people with the most draconian restrictions of any nation in the world so far since COVID arrived on the scene in some Wuhan bat-soup, this week has seen the proletariat starting to fight back as food shortages hit and life inside their apartment prison cells becomes unbearable. The CCP demanded “Control your soul’s desire for freedom. Do not open your window or sing,” after Shanghaians began to scream for help. 🇨🇳 Chinese authorities sending drones over to Shanghai and sounding messages: “Please comply w covid restrictions. Control your soul’s desire for freedom. Do...

Commodities prices could rise by 40 percent and will likely continue to go higher, according to a note from JPMorgan Chase from April 7, as raw materials hit a record high last month following Western sanctions on Russia due to its invasion of Ukraine. Russia is a main supplier for up to 10 percent of global energy production and about 20 percent of global wheat production. The commodities affected include oil, which is already up 33 percent from the same month the previous year, while natural gas has gone up by 65 percent since the invasion roiled the markets. Metals...

We will look back at current events and realise that they marked the change from a dollar-based global economy underwritten by financial assets to commodity-backed currencies. We face a change from collateral being purely financial in nature to becoming commodity based. It is collateral that underwrites the whole financial system. The ending of the financially based system is being hastened by geopolitical developments. The West is desperately trying to sanction Russia into economic submission, but is only succeeding in driving up energy, commodity, and food prices against itself. Central banks will have no option but to inflate their currencies to...

ROME -- Prices for food commodities like grains and vegetable oils reached their highest levels ever last month largely because of Russia's war in Ukraine and the “massive supply disruptions” it is causing, threatening millions of people in Africa, the Middle East and elsewhere with hunger and malnourishment, the United Nations said Friday.The U.N. Food and Agriculture Organization said its Food Price Index, which tracks monthly changes in international prices for a basket of commodities, averaged 159.3 points last month, up 12.6% from February. As it is, the February index was the highest level since its inception in 1990.FAO said...

Numerous elites like Klaus Schwab of The World Economic Forum (and Davos fame) are calling for a “Great Reset” in global economies. But perhaps “The Great Reset” in taking place in asset markets … and not in a good way. Consider what has happened since President Biden was elected. The S&P 500 total return index (green index) has risen thanks to The Federal Reserve’s balance sheet expansion (orange line) with COVID. Until 2022 when the expectation of Fed rate hikes surged from 3 in late December 2021 to 9.4 expected rate hikes over the next 12 months (yellow line). The...