Yesterday’s nationwide outage affecting many BOA customers is either a one day nothingburger, a red flag warning, or something worse. It has been fairly well speculated by the late Ted Butler and others, that BOA inherited the 1 billion ounce short position in silver derivatives from JP Morgan, when Morgan got busted for metals manipulation a few years back.

So, now that we are getting very close to that short position blowing up as silver is about to rocket higher because of the shortage of silver and the short squeeze that will transpire, are the politicians and bankers, calling the shots, going to use BOA as this cycle’s excuse for why the FED and Congress have to pony up trillions, much the way after Bear Stearns (who was also massively short silver) and Lehman in 2008?

It really doesn’t matter which comes first or is the cause. BOA blowing up and their customers getting wiped out, or silver going parabolic and causing the wipeout. This is probably why Warren has been dumping his BOA stock from one third of their total outstanding shares to around 10 percent and possibly lower.

Any Tenters have accounts with BOA that experienced baalance issues yesterday, and if so, have they been resolved or are they ongoing? If it is a continuing problem, it is likely to lead to a bank run and that means the SHTF is soon uderway. Is this the REAL October surprise?