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Warm-Up
- WORST DAY EVER for SILVER
- Cold Snap in Florida - Massive Critter Drop
- New Fed Chair named
- Pausing on space
Markets
- Bitcoin plunges - Crypto "winter"
- Deep dive into January economic results
- USD rises from multi-month low - EM still powered ahead
- ELON - PT Barnum move
Cold Snap
- On February 1, 2026, Florida faced a significant drop in temperatures, reaching a record low of 24°F (-4°C) in Orlando. This marked the lowest temperature recorded in February since 1923.
- Iguanas dropping from tress all over the streets
- Iguanas can survive temperatures down to the mid-40s Fahrenheit (around 7°C) by entering a "cold-stunned" state, where they appear dead but are just temporarily paralyzed and immobile; however, prolonged exposure to temperatures in the 30s and 40s, especially below freezing, can be lethal, particularly for smaller individuals, leading to tissue damage and organ failure.
- They get sluggish below 50°F (10°C) and fall from trees as they lose grip.
- The Florida Fish and Wildlife Conservation Commission (FWC) issued Executive Order 26-03 on Friday, allowing residents to collect and surrender cold-stunned green iguanas without a permit during an unprecedented cold weather event.
Right on Schedule
- Remember we talked about how the Nat Gas price was going to reverse, just as quickly as it spikeed?
- Nat gas down 25% today - down about 28% from recent high
- Still about 50% higher than it was before the spike.
THIS!
- Nvidia Corp. Chief Executive Officer Jensen Huang said the company’s proposed $100 billion investment in OpenAI was “never a commitment” and that the company would consider any funding rounds “one at a time.”
- “It was never a commitment,” Huang told reporters in Taipei on Sunday. “They invited us to invest up to $100 billion and of course, we were, we were very happy and ho
