IS JANE STREET ALSO BEHIND THE SILVER VOLATILITY?
Jane Street is now largest holder of Blackrock silver $XAG trust buying 20.6 million shares in just 1 quarter which is 3.6% of all outstanding shares.
Over 87% of their $662 billion portfolio is held in options. They make profit by creating and trading volatility using massive leverage.
Silver is one of the most manipulated markets in the world because most of the trading happens in paper futures rather than physical metal.
When a firm with a massive options book also holds the largest chunk of the physical ETF, they can move the price of the metal just to make their options trades pay out.
In India, regulators documented how Jane Street manipulated the cash market to profit from larger derivatives positions.
The pattern is always the same: build a massive position in the asset, set up a 10x larger option trade on the side, and then reverse to cash out.
This is similar to what we saw in crypto as Terraform labs filed a lawsuit accusing them of similar tactics during the $40 billion Terra collapse.
They are also accused of daily BTC dump at 10:00 a.m. ET every day, a trend that only stopped after the lawsuit went public.
This time, the situation is even more concerning because the silver itself is held by JPMorgan, a bank that has already paid nearly $1 billion in fines for manipulating precious metal.
By acting as the custodian for Jane Street’s SLV position, JPMorgan provides the physical foundation for Jane Street to run its volatility machine. When the firm that stores the metal and the firm that owns the most shares both have documented histories of market manipulation, the volatility we see isn't an accident.
Source: Bull Theory
JIF 2026 à Cotonou : Web 3 avec elles 👩🏾
La Journée Internationale des Droits des Femmes approche… et cette année, on se retrouve à Cotonou pour un meetup spécial dédié aux femmes qui construisent et explorent le Web3 💜
Que tu sois déjà active dans la crypto ou simplement curieuse d’en apprendre plus, cet événement est fait pour toi.
Au programme:
✨ Témoignages inspirants
📈 Opportunités concrètes dans le trading, le P2P, Earn et les paiements digitaux
🔐 Conseils pratiques pour évoluer en toute sécurité
🤝🏾 Networking avec la communauté crypto locale
🎁 Des cadeaux exclusifs seront distribués à toutes les femmes!
🗓️ Date : Dimanche 08 Mars 2026
⏰ Horaire : 14:00 - 19:00
🏨 Lieu : New land beach restaurant Fidjrossè
C’est le moment de connecter, apprendre et célébrer les femmes qui font avancer l’écosystème Web3 en Afrique francophone.
Les places sont limitées — réserve la tienne dès maintenant en cliquant ici 👇🏾
https://www.binance.events/3EbavQ
Goldman Sachs put the numbers on the table.
A one-month closure of the Strait of Hormuz and this is what happens to oil:
• Full closure, no alternatives: +$15
• Full closure with alternative pipelines: +$12
• Full closure with pipelines + emergency reserves: +$10
• Partial closure 50%: +$4
• Partial closure 25%: +$1
These are fair value estimates before adding the geopolitical risk premium.
Real market prices would likely overshoot these levels.
Markets don’t wait for confirmation they price probability.
The key variable isn’t just whether disruption happens,
but how long it lasts and how credible the response mechanisms are (pipelines, SPR releases, naval security).
From a probabilistic standpoint, a prolonged full closure is historically low-probability because it would trigger coordinated global intervention.
A short-lived partial disruption even more psychological than physical tends to be the more plausible scenario markets hedge against.
Now the real question:
Are we pricing a supply shock… or a risk headline?
A closure of the Strait of Hormuz hurts everyone but it bleeds China the most.
Around 13.1 million barrels per day pass through this narrow corridor.
The primary destination?
China.
According to data cited by Goldman Sachs, China would be the largest economic loser from a sustained disruption more than the United States or Europe.
The irony is striking:
Iran and its strategic partner China could find themselves on opposite ends of the same shock.
Energy flows follow geography, not political alignment.
The Strait is not just a military chokepoint it’s a pressure valve for Asia’s growth engine.
And when supply chains tighten at that scale, the first question is not ideology it’s dependency.
Top 5 macro numbers right now
3.50%–3.75% fed funds target, flat
The Fed held steady on January 28. The biggest macro headwind is no longer tightening further.
Comment: the price of money stopped getting worse.
2.4% CPI inflation, falling
Headline CPI cooled in January.
Comment: inflation is moving in the right direction, even if not fully solved.
4.3% unemployment rate, flat
Unemployment held at 4.3% in January.
Comment: labor is softer, but still intact.
4.9% productivity growth, rising
Q3 nonfarm business productivity surged 4.9%, and unit labor costs fell 1.9%.
Comment: this is the most bullish number in the data. It says the economy can still grow without reigniting labor-cost inflation.
52.4 ISM manufacturing PMI, rising
Manufacturing is back above 50.
Comment: the cyclical side of the economy is stabilizing
Bullish Macro Setup
rates stable, inflation lower, labor intact, cyclicals improving.
$TAO l’équilibre des mondes en fusion, le yin et le yang dans une danse, Harmonie subtile, source de création, un guide silencieux vers l’illumination.
Un réseau d’intelligences décentralisées où chaque esprit, chaque machine, participe à une conscience c
The market just SURPRISED everyone.
In the past 2 hours,
over $1 TRILLION has been wiped out from gold and silver, while nearly $800 BILLION has been added to crypto and the U.S. stock market.
Gold is down 1.78%, wiping out $650 billion in value.
Silver is down 6.82%, wiping out $340 billion.
Nasdaq is up 1.73%, adding $610 billion.
SPX is up 1.08% adding $80 billion.
Russell 2000 is up 1.72%, adding $53 billion.
Bitcoin is up 6.7%, adding $80 billion.