COMEX Default Looms: Silver Could Skyrocket Past $200/Oz

Posted on February 8, 2026February 8, 2026 by Olumide Adesina

Fubdamental action suggests that a larger Silver rally, similar to the 1979–1980 event, might be coming. A significant gap between paper contracts and physical inventory has worsened the COMEX default, especially in the silver market.

The “default” scenario is based on a large difference between the amount of metal promised in future contracts and the actual metal in exchange vaults. Some analysts say silver prices could “reset,” possibly rising toward or above $200 per ounce, if the exchange cannot meet physical delivery demands.

COMEX is said to have between 103 and 120 million ounces of “registered” silver (metal ready for delivery) in stock. Open interest stands at about 429 million ounces of contracts.

The “Run” on the Bank indicates that the exchange could run out of silver if even 25% of contract holders demanded physical delivery instead of cash. Recent activity shows that in January 2026 alone, an unusual 40 million ounces were ordered for delivery.

The Bull Case (Robert Kiyosaki and Clive Thompson): Kiyosaki expected silver to hit $200 in 2026, citing a weakening fiat system and industrial demand from solar and AI. Clive Thompson warns that by March 2026, COMEX might run out of deliverable silver. Since gold is the ultimate “anti-dollar” hedge, a silver default could also impact gold, influence credit markets, and the broader financial system, as suggested by Bill Holter’s Systemic Risk Case.

The Skeptical Case (CPM Group): Traditional analysts often say that exchange rules prevent a full collapse by allowing Force Majeure or cash-only settlements, making a true “default” impossible.

XRP at Rock-Bottom Oversold: Ripple Struggling Above $1.4 Signals Exhaustion or Further Pain?

Posted on February 8, 2026 by Olumide Adesina

The Ripple-based token is struggling above $1.4 in the crypto market. XRP is currently in one of those tense times when technical signals subtly attract increasing attention while fear rules the mood. Market analyst STEPH IS CRYPTO drew attention to this peculiar setup, highlighting uncommon momentum conditions that traders usually associate with significant turning points.

His observation coincides with the extreme weakness shown by XRP’s higher-timeframe indicators, raising the possibility that selling pressure may be exhausted

Although it does not ensure a rally right away, an oversold signal indicates that the downward momentum has extended past typical limits. On XRP’s weekly chart, the Relative Strength Index has fallen to levels uncommon outside of bear market bottoms. In previous cycles, similar readings were found close to notable lows that, once buyers returned to the market, resulted in robust recoveries

These historical comparisons are important. Rather than representing normal volatility because long-term indicators are more significant than short-term fluctuations,, weekly momentum extremes typically indicate deep capitulation among traders. Even if price action is short-term unstable, that environment can lay the groundwork for stabilization and eventual reversal.

A complete trend reversal has not yet been confirmed by XRP, despite the positive indication. Before analysts can declare a sustained recovery, the price still needs to reclaim significant resistance levels and set regular higher lows.

Anthropic Set to Raise Over $20 Billion in New Round, Closing Imminent

Posted on February 8, 2026 by Olumide Adesina

Anthropic finalized the details of a funding round, expected to raise over $20 billion, and is scheduled to close this week. The OpenAI competitor, which was first $10 billion, is now on track to raise more than twice that amount at a $350 billion valuation, because of excessive investor interest.

In addition to up to $15 billion from strategic investors, Nvidia Corp., Anthropic has secured checks totaling more than $1 billion each from Coatue Management, Singapore’s GIC, and Iconiq Capital in its most recent funding round. along with Microsoft Corp.

The most recent round of funding would almost double Anthropic’s previous valuation and comes only five months after the company raised $13 billion, indicating a flurry of investors’ interest boosted by the artificial intelligence startup’s skyrocketing revenue run rate, which surpassed $9 billion.

Anthropic caused a multibillion-dollar selloff in the software and financial services sectors after a successful week in which it unveiled a new AI model intended to automate enterprise work tasks. Throughout the past 12 months, developers and companies have become more interested in Anthropic’s coding agents, which can produce software with minimal human input.

The company may usher in a new era of AI technology used in the workplace, and investors are betting that Anthropic’s coding expertise will have a similar impact on other economic sectors.

Turmoil in Silver: 10% Crash Wiped Out Amid Brutal Liquidity Crunch

Posted on February 7, 2026 by Olumide Adesina

Silver lurched between gains and losses caused by weak liquidity, falling almost 10% before rising again.

Spot silver had risen 4% to nearly $74 an ounce after plunging toward $64. All of the metal’s gains from a spectacular rally last month were erased by a 20 percent drop in the previous session. Following an earlier retreat, gold also made progress.

Its price swings have historically been more severe because silver has a smaller market and less liquidity than gold.

However, recent movements—the most erratic since 1980—have been notable for their magnitude and velocity, exacerbated by speculative momentum and a decline in over-the-counter trading. Since reaching its highest point ever on January 29, white metal has dropped by more than a third.

Investors piled into call options and leveraged exchange-traded products, building up sizable positions in precious metals. With gold plunging the most since 2013 and silver experiencing its largest-ever daily decline on January 30, that rally came to an abrupt end at the end of last week. Since then, markets have been incredibly erratic.

Silver had difficulty finding support amid a significant decline in Chinese purchases last week.

Violent market movements have deterred buyers, and prices in the nation have dropped to a discount compared to global standards. Positions are being closed as open interest on the Shanghai Futures Exchange dropped to its lowest level in over four years.

Bitcoin Flips Green: Strategy (MSTR) Surges 33% in Dramatic Crypto Comeback

Posted on February 7, 2026February 7, 2026 by Olumide Adesina

Strategy experienced a significant rally, reaching +33 percent. Bitcoin “flipped green” and experienced a sharp recovery, rising as much as ~$70,188 intraday and bouncing ~10 percent in a single day from lows of l$60,000.

Bitcoin is experiencing severe selling pressure right now. — Some analysts maintained their bullish outlook and set high price targets, arguing against the forced sale of Bitcoin ($440 for MSTR) and stating that the company is “better positioned than ever” for recovery through its treasury strategy, capital raises, and instruments like STRC (a preferred stock instrument).

US stock markets experienced a robust recovery following recent heavy selling, fueled in part by a recovery in technology stocks and a stabilization/rebound in Bitcoin (often referred to as “turning green” when charts display gains or positive/upward movement).

Recently, strategy has been under a lot of pressure. It reported a massive Q4 net loss of about $12.4 billion, mostly due to unrealized Bitcoin declines under fair-value accounting. Additionally, its stock has dropped significantly from its 2025 peaks, trading near $100 to $110 levels after declines of more than 70% from those highs.

The February 6 rally was not a reversal of the overall downward trend, but rather a bounce amidst Bitcoin’s ongoing volatility. Bitcoin had dropped in recent days and weeks, falling toward $60,000 (its lowest since late 2024).

However, on February 6, it recovered sharply, rising back above $70,000 at points (up about 10% intraday in some reports, recovering from lows near $60k–$63k)

Associated stocks rose because of Bitcoin’s recovery. Strategy (MSTR) because of its substantial holdings (roughly 713,502 BTC as of early February, purchased at an average of about $76,000 per coin), which functions as a leveraged proxy for Bitcoin, saw a notable increase during the session.

Gold’s Silent Billionaire Now Holds Shanghai’s Biggest Silver Short Position

Posted on February 7, 2026 by Olumide Adesina

A billionaire Chinese trader who made his fortune riding the record-breaking gold rally has turned his attention to silver’s explosive rise with a bet on the metal’s collapse valued at nearly $300 million.

Bian Ximing, who stays out of the spotlight and spends most of his time in Gibraltar, has profited from bullish wagers on gold contracts on the Shanghai Futures Exchange to about $3 billion

Bian has been forced to liquidate some positions at a loss due to the high risk associated with his big short.

However, he currently has a short position worth roughly 450 tons of silver, or 30,000 contracts; since last week, the metal has dropped sharply, resulting in a paper gain of roughly 2 billion yuan ($288 million).

Bian, via Zhongcai Futures, his brokerage. started increasing silver shorts in the last week of January, according to data from the exchange. The majority of SHFE’s precious metals holdings, according to the people, are made up of Bian’s personal wagers and products he doles out for a select group of clients.

SHFE does not reveal the identities of individual investors behind brokerage accounts. Zhongcai’s silver short position increased to roughly 18,000 lots in January, according to exchange data. 28. In January, it increased even more to roughly 28,000 lots. 30 when Shanghai’s metal hit its highest point ever.

Bian’s wager coincides with weeks of sharp price fluctuations that make market observers reconsider their one-size-fits-all strategy for precious metals.

While many institutional investors still see gold as a hedge against changes in interest rates, central bank purchases, and worldwide unpredictability, silver’s recent surge is increasingly perceived as an industrial rally driven primarily by speculative positioning.

Strategy Stock Surges 33% as Bitcoin Flips Green in Dramatic Rebound

Posted on February 6, 2026 by Olumide Adesina

Recently, strategy has been under a lot of pressure. It reported a massive Q4 net loss of about $12.4 billion, mostly due to unrealized Bitcoin declines under fair-value accounting. Additionally, its stock has dropped significantly from its 2025 peaks overall, trading near $100 to $110 levels after drops of more than 70% from highs.

However, on February 6, it recovered sharply, rising back above $70,000 at points (up about 10% intraday in some reports, recovering from lows near $60k–$63k)

Amazon Stock Plunges Toward $200 as $200B 2026 Capex Guidance Shocks Investors

Posted on February 6, 2026 by Olumide Adesina

Amazon (NASDAQ: AMZN) reported capital expenditures of approximately $200 billion for 2026, which was significantly higher than anticipated, despite surpassing quarterly top-line estimates on Thursday. The company’s stock fell more than 9% at the start of Friday.

Wall Street is witnessing a significant shift away from technology stocks and toward other industries at the moment of Amazon’s results. Investors no longer believe that artificial intelligence will benefit the entire technology sector; instead, they now believe that AI will create certain winners and losers.

Chipmakers and the larger industry have been affected by the decline in the software subsector, which has been identified as a loser. Additionally, high valuations and ambitious spending plans worry traders. Amazon’s $200 billion forecast exceeded the $146.11 billion consensus estimate.

“Retail is delivering with increasing efficiency, and AWS is accelerating with even faster growth ahead.” In a note to clients, Morgan Stanley equity analyst Brian Nowak stated, “Yes, AMZN is investing (AWS, Retail, LEO), but it has a history of demonstrating ROIC, which leaves us bullish on this underappreciated GenAI winner across.”

The announcement was made just one day after Alphabet (NASDAQ: GOOGL), the parent company of Google, shocked the market with plans to spend up to $185 billion on capital projects in 2026.

Amazon earned $1.95 per share in its Q4 2025 revenue of $213.39 billion (up 13.6% year over year), missing profit projections by a cent. The consensus on the top line was $211 billion.

Silver Market in Turmoil: Nearly 10% Drop Erased Amid Liquidity Crunch

Posted on February 6, 2026February 7, 2026 by Olumide Adesina

Silver lurched between gains and losses caused by weak liquidity, falling almost 10% before rising again.

Its price swings have historically been more severe because silver has a smaller market and less liquidity than gold.

Silver had difficulty finding support amid a significant decline in Chinese purchases last week.

Brent, WTI Fall as Iran Signals Progress in US Nuclear Dialogue

Posted on February 6, 2026 by Olumide Adesina

Oil prices eased in a tumultuous session following Iran’s announcement that nuclear talks with the US in Oman were going well and that both parties had decided to continue.

Brent fell below $67 a barrel, reversing an earlier rise after wildly fluctuating on news reports related to the meeting. The next meeting’s time and location have not yet been determined, but Iranian Foreign Minister Abbas Araghchi said the talks were off to a good start.

An oversupply outlook has been overshadowed by a risk premium added to benchmark oil prices due to the escalation in the Middle East, which supplies roughly one-third of the world’s crude. Nevertheless, the discussions helped ease fears of a conflict in the area, and London’s futures are on course for their first weekly retreat since mid-December.

Ukraine and Russia agreed to swap prisoners for the first time in five months as part of trilateral talks with the United States to put an end to their four-year conflict. Trump’s special envoy stated that the talks were progressing and that outcomes were anticipated “in the coming weeks.”

Saudi Arabia lowered prices for Asian buyers by less than anticipated, indicating that the kingdom believes there will be a market for its barrels, even though prices have already dropped to their lowest level since late 2020.