Gold
The February Massacre: Gold and Silver Plummet as ‘Warsh Surprise’ and Margin Hikes End the Precious Metals Super-Cycle
The global financial markets were rocked on February 2, 2026, as a historic "parabolic" rally in precious metals came to a violent and sudden end. Gold, which had shattered records to reach a peak of over $5,600 an ounce in late January, experienced a breathtaking $1,000-per-ounce