BillHolter.com

Bill’s Commentary:

“This is ridiculous W, a cash settled contract on silver “price” without any silver… Brilliant!”

Bill,

The reason for Silver’s pop above $90 this morning is Panic in the Pits.

The “Delivery Demand Dam” is about to burst and they are trying to divert demand to a non deliverable product.

Wolfgang

CME Group will launch its 100-ounce silver futures contract on February 9, 2026, pending regulatory review. This new offering aims to provide retail investors with a more accessible and cost-effective way to trade silver futures with less capital.

Bill’s Commentary:

“Just wait a few months when commercial real estate loans cannot rollover… those will be some BIG CRACKS!”

Cracks Begin to Appear at the Nation’s Biggest Banks

For a year, Wall Street’s dominant theme has been the so-called K-shaped economy, in which the well-to-do have powered financial activity despite lower earners’ struggles.

This week, the nation’s largest banks reported a broadly disappointing set of quarterly earnings, the first stumble after a yearlong spree of rising markets and softening regulations paid off handsomely for the finance set.

Results at Bank of America, Citi, JPMorgan Chase and Wells Fargo all fell short of expectations, and their shares fell. Troubles ranged from delayed merger deals (JPMorgan) to stubborn expenses (Citi) to questions about the efficacy of artificial intelligence tools (Bank of America). Banks that do business largely with rich individuals and corporations, such as Goldman Sachs and Morgan Stanley, fared comparatively better.