Gold blasts to $5000 and shows no signs of stopping
The precious metals boom continues as investors flock to hard assets
Hello Capitalists,
Here is everything you should be watching today:
Gold makes history yet again and its scaring people
US Government secures yet another stake in Rare Earths
Nvidia pumps $2Billion into CoreWeave to keep the AI party going
Bitcoin suffers its worst day of 2026
Natural gas surges as winter storm hits
Airlines start to pick up the piece after winter storm Fern
Today’s markets + assets:
✅ DOW: 49337.70 (⬆️ 0.49%)
✅ S&P: 6928.95 (⬆️ 0.56%)
✅ NASDAQ: 23481.58 (⬆️ 0.59%)
⚠️🔴CBOE VIX Volatility Index: 16.03 (⬇️ 0.64%)
✅ Gold: $5097.40(⬆️ 2.36%)
✅ Silver:$117.06 (⬆️ 15.53%)
✅ Bitcoin: $87,724 (⬆️ 1.60%)
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Gold smashes historic $5000 milestone in “breathtaking and profoundly scary,” rally
Gold futures surged past $5,000 per ounce for the first time ever on Sunday, climbing to $5,089 Monday amid a breathtaking rally fueled by global debt fears, a weakening dollar, and safe-haven demand as investors hedge against inflation and policy uncertainty.
Debasement trade surges : Investors flock to gold and precious metals to shield wealth from eroding purchasing power amid soaring worldwide government debt and fears of inflation to manage fiscal crises.
Expert sounds alarm : Brookings Institution’s Robin Brooks calls the precious metals boom “breathtaking and profoundly scary,” warning it’s part of a larger global debt crisis beyond just central bank buying.
Dollar weakness accelerates : A falling US dollar, hitting four-month lows, supercharges gold’s appeal to non-dollar buyers and is expected to drive prices even higher in the near term.
Forecasts turn bullish : Goldman Sachs raised its year-end gold target to $5,400 from $4,900, citing upside risks from private investor diversification amid ongoing geopolitical and policy uncertainties.
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Government grabs another stake, this time in USA Rare Earth
The U.S. Department of Commerce has agreed to take an equity stake in USA Rare Earth, issuing a letter of intent for $1.3 billion in loans and $277 million in funding. The deal sent shares soaring more than 20% as the U.S. pushes to build domestic rare earth supply chains and reduce reliance on China.
Equity Stake Details: Commerce will receive 16.1 million shares and 17.6 million warrants, equating to an 8-16% ownership stake depending on warrant exercise.
Funding Timeline and Purpose: Capital disbursed from 2026-2028 based on milestones to fund a full U.S.-based rare earth value chain, including mining and magnet production.
Company Projects Advancing: Magnet plant in Stillwater, Oklahoma, set to commission in Q1 2026; Round Top mine in Texas targets commercial operations by late 2028.
Broader Strategic Push: Part of Trump administration efforts to counter China’s dominance, following similar equity investments in miners like MP Materials.
Nvidia pumps $2 billion into CoreWeave fueling AI data center optimism
Nvidia invested $2 billion in AI infrastructure provider CoreWeave on Monday, purchasing shares at a discount to accelerate massive data center expansion, sending CoreWeave stock surging 12% as the companies race to build 5 gigawatts of AI factories by 2030 amid booming demand for GPU-powered computing.
Massive capacity target: CoreWeave aims to construct over 5 gigawatts of AI data center power by 2030, equivalent to the electricity use of about 4 million U.S. households.
Strategic stock purchase: Nvidia bought CoreWeave Class A shares at $87.20 each, a discount from the prior close of $92.98, deepening their partnership beyond prior GPU supply deals.
Building on big commitments: The investment builds on CoreWeave’s $6.3 billion Nvidia order, plus major contracts with Meta ($14.2 billion) and OpenAI ($22.4 billion) for AI cloud services.
AI industrial push: Nvidia CEO Jensen Huang hailed CoreWeave’s execution speed as key to meeting explosive demand for AI factories in the ongoing AI revolution.
Bitcoin plunges to 2026 low
Bitcoin tumbled as much as 3.5% Sunday to just above $86,000—its lowest in 2026—amid escalating global tensions, before recovering slightly to around $87,883 early Monday as investors flee risk assets for gold amid tariff threats and macro uncertainty.
Geopolitical jitters escalate: Global tensions, including Trump’s 100% tariff threats on Canada, US warships nearing Iran, and shutdown risks, drive flight to safe havens like gold, now over $5,000/oz.
ETF outflows surge: US Bitcoin ETFs recorded $1.7 billion in outflows last week across five days, nearly erasing prior inflows and adding pressure on prices.
Macro headwinds persist: A weakening dollar at four-month lows favors commodities over crypto; analysts note Bitcoin struggles in an environment boosting gold despite its digital-gold narrative.
Fed decision looms: Traders eye Wednesday’s Fed rate announcement for clues on inflation trends and possible cuts, as high inflation keeps rates steady and weighs on sentiment.
Natural gas prices blast past $6 due to storm surge
U.S. natural gas futures surged more than 17% Monday to top $6 per mmBtu for the first time since late 2022, driven by massive Winter Storm Fern blanketing much of the country in snow and ice, spiking heating demand amid widespread power outages and extreme cold gripping millions.
Extreme Cold Drives Demand: Winter Storm Fern brings sub-zero wind chills to eastern U.S., pushing heating needs sky-high across 37 states and 180 million people.
Futures Hit Multi-Year Peak: February natural gas contract climbs to $6.21 per mmBtu, up 68% year-to-date and marking highest level since December 2022.
Widespread Disruptions Reported: Storm causes over 822,000 power outages, thousands of flight cancellations, seven deaths, and emergency orders for New England and Texas grids.
Ongoing Weather Threat Looms: National Weather Service warns of continued below-normal temperatures into early February, sustaining elevated energy demand and market volatility.
Massive winter storm grounds thousands flights nationwide
A brutal winter storm blanketed much of the US with snow and ice, triggering over 4,000 flight cancellations and nearly 10,000 delays Monday morning after Sunday’s record disruptions—the worst since early 2020—stranding travelers as Transportation Secretary Sean Duffy targets Wednesday for air travel to normalize.
Record Sunday Cancellations Surge: Over 11,000 flights canceled nationwide on Sunday, marking the highest single-day total since early 2020 due to widespread snow, ice, and a following cold snap complicating recovery efforts.
Major Airlines Waive Fees: American, Delta, JetBlue, Southwest, and United airlines eliminated change and cancellation fees, allowing flexible rebooking for passengers impacted by the storm’s travel chaos.
FAA Tackles Runway Challenges: Lower staffing from commuting issues and persistent ice prompted focused efforts on salting and clearing runways, with preemptive cancellations preventing stranded aircraft and crews.
Recovery Timeline Set: Transportation Secretary Sean Duffy forecasts air travel returning to normal by Wednesday, with increased capacity leading to fuller flights as schedules stabilize mid-week.
Why no mention of silver? It is outperforming gold massively.
Hey, great read as always. This gold rally is wild! Makes you wonder about true stability, kinda like pilates.