Gold's worst crash in forty years — a 21% plunge in five days — followed by one of its fastest recoveries. From the $4,401 February 2nd trough back above $5,000 by February 10th. The Warsh nomination, CME margin hikes, JP Morgan's $10 billion silver close, soft U.S. economic data, and what every major bank said when the dust settled. Updated 2026 targets from J.P. Morgan, Goldman Sachs, Bank of America, UBS, Deutsche Bank, Wells Fargo and more.
Read the full report →A 20% correction in 72 hours, a full recovery above $5,000, and a Supreme Court tariff ruling that re-lit the debasement trade. The most volatile gold month in 40 years — chronicled day by day.
Finance Edition 04 · February 16, 2026Feb 1–15 day-by-day chronicle. A 21% crash in five days, JPM's $10B silver close at the exact bottom, soft U.S. data reviving rate cut bets, and gold back above $5,000 by February 10th. Post-crash bank targets from every major desk.
Finance Edition 03 · February 2, 2026A day-by-day chronicle of gold's historic $5,000 breakthrough — the geopolitical shocks, Fed independence fears, and bank price targets from J.P. Morgan, Goldman Sachs, BofA, UBS and more.
Finance Edition 02 · January 17, 2026Jan 1–15 day-by-day gold chronicle. Nine percent in fifteen days. Venezuela, Greenland tariffs, the Fed independence crisis, and soft CPI. Updated bank targets from J.P. Morgan, Goldman, BofA, UBS, Commerzbank and more.
Finance Edition 01 · January 5, 2026Official reserves, private holdings, and per capita gold — USA vs. India. Plus India's structural black money gold problem: 200 tonnes smuggled annually, failed amnesty schemes since 1965, and an unaccounted hoard the government cannot quantify.
| Ed. | Date | Title |
|---|---|---|
| 05 | March 2, 2026 | February 2026 Gold — The Crash, the Recovery & the $5,000 Floor |
| 04 | February 16, 2026 | Gold Mid-February 2026 — The Warsh Shock, the CME Cascade & the Road Back to $5,000 |
| 03 | February 2, 2026 | January 2026 Gold — The $5,000 Breakthrough |
| 02 | January 17, 2026 | Gold Mid-January 2026 — Venezuela, Greenland, Iran & the $4,700 Surge |
| 01 | January 5, 2026 | Fort Knox vs. The Shadow Vault — America's Gold Is Transparent. India's Is Not. |