The Weekly Rundown 📊

Revaluing Gold: How Washington Could Unlock $800 Billion Without Raising Debt​

For decades, gold has sat on the U.S. balance sheet at a token valuation of $42.22 per ounce—an official figure unchanged for generations—but mounting fiscal strain and a national debt exceeding $37 trillion suggest that number may soon change. In an unusual acknowledgment that gold still holds relevance in U.S. monetary policy, the Federal Reserve recently referenced the metal in an official report, aligning with draft versions of President Trump’s proposed Bitcoin Act circulating in both the Senate and House. These bills explicitly outline a plan to revalue America’s official gold reserves—a process that, if approved, could unfold as early as 2026—to fund new sovereign wealth and Bitcoin reserve initiatives, redefining gold’s statutory value under 31 U.S. Code §5117. Repricing gold to around $3,400 an ounce could instantly “create” nearly $800 billion in debt-neutral liquidity—capital that might finance these funds without formally expanding the federal debt. Supporters hail it as an innovative way to rebalance public finances, while critics warn it mirrors a sophisticated form of quantitative easing that could trigger inflationary shockwaves worldwide. Should the U.S. move forward, other central banks may follow, reanchoring their currencies to tangible assets even as fiat values continue to erode. Whether the goal is to ease America’s debt burden or to redefine reserves for a digital age, the implications are profound: gold—once dismissed as a barbarous relic—may again become the measure of monetary credibility, and the next chapter of U.S. finance could well be written in both gold and code.

Disclaimer: The information discussed reflects ongoing market speculation and legislative proposals. As of now, the U.S. government has not announced or approved any official revaluation of its gold reserves. Figures such as $800 billion in liquidity are based on independent analyst estimates, not formal projections from the Treasury or Federal Reserve.

 

[Elina Ward]

Monday 9 February 2026​

Nvidia Weekly Stock Move Explained: Earnings Positioning, AI Expectations, and Sector Rebalancing​

NVIDIA (NASDAQ: NVDA) was a U.S.-based semiconductor company founded in 1993 that built its leadership around graphics processing units before expanding aggressively into data centers, artificial intelligence, and accelerated computing. By 2026, Nvidia had become a core infrastructure provider for AI workloads, with its stock increasingly reflecting expectations around hyperscaler spending, earnings visibility, and valuation discipline rather than traditional cyclical semiconductor trends.

This article reviewed Nvidia’s stock performance during the week from February 2 to February 6, explaining what caused the movement and why investors repositioned over the period.

During the week, Nvidia shares showed clear phases rather than a single directional move. After early-week pressure, the stock stabilized mid-week and rebounded into Friday, finishing the period more balanced as confidence returned.

What Drove Nvidia’s Weekly Move​

The primary driver was earnings-related positioning following a strong prior rally. Early in the week, Nvidia briefly traded near the 190 area before profit-taking emerged, pushing the stock lower as investors reduced exposure ahead of earnings and guidance clarity. This selling reflected de-risking rather than a reassessment of Nvidia’s AI outlook.

Sector rotation added to the pressure. As markets rotated within technology, high-multiple semiconductor names faced temporary headwinds. Nvidia, often used as a proxy for AI sentiment, was sensitive to this shift, with weakness driven by portfolio rebalancing rather than negative company-specific news.

Mid-week, the stock tested support in the low-170s, where selling pressure began to fade. Debate around the sustainability of AI capital expenditure encouraged caution, but the absence of adverse developments allowed buyers to gradually step in on pullbacks.

By Friday, sentiment improved. Nvidia opened higher near the mid-170s and staged a strong recovery toward the mid-180s, reflecting renewed accumulation as confidence in its dominant AI position reasserted itself.

Why the Stock Behaved the Way It Did​

Despite notable volatility, Nvidia’s price action remained orderly and controlled. The decline unfolded through steady selling rather than abrupt breaks, suggesting institutional repositioning instead of speculative unwinding. Likewise, the rebound developed through consistent buying rather than a single spike.

Positioning played a key role. With expectations already elevated, the absence of fresh upside catalysts led to consolidation rather than continuation. Once downside momentum exhausted, confidence returned quickly, reinforcing the corrective nature of the move.

Takeaway​

Nvidia’s movement during the February 2–6 period was driven by positioning and reassessment rather than surprise. Early-week weakness reflected profit-taking and sector rotation, while the late-week rebound highlighted sustained confidence in Nvidia’s role as a core AI infrastructure leader. The stock’s recovery into the close suggested consolidation ahead of earnings, with future direction dependent on results and guidance rather than short-term sentiment alone.

The chart below tracks Nvidia’s movement from February 2 to February 6 on a 5-minute candlestick timeframe.

Nvidia is set to report earnings in the coming days, with results expected after market close on February 25, covering the fiscal quarter ended January 2026.

 

[Elina Ward]

Tuesday 10 February 2026​

BTCUSD Weekly Move Explained: Fed‑Shock Risk-Off, Liquidations, and a $60K Flush With a Fast Recovery

(BTCUSD) traded through a high‑volatility reset from Monday, Feb 2 to Monday, Feb 9, with price action driven by a broad risk‑off wave across markets, leverage unwinds inside crypto, and unusually thin liquidity that amplified every move.

The week opened in the high-$70,000s, still reflecting an earlier weekend slide that was worsened by thin liquidity. Selling pressure built through mid‑week and intensified on Thursday, Feb 5, when Bitcoin plunged to roughly $63,300 amid heavy liquidations and a wider selloff across risk assets. The most extreme downside occurred late Thursday/early Friday, when BTC briefly hit about $60,000 (a 16‑month low) before reversing sharply.

What drove the move was not one crypto headline but a sequence of linked pressures. Markets were rattled by shifting expectations for U.S. monetary policy after the nomination of Kevin Warsh as the next Fed chair, which investors interpreted as potentially more balance‑sheet‑hawkish and contributed to a cross‑asset deleveraging tone. At the same time, Bitcoin moved like a risk asset tied to technology sentiment: Reuters linked the crypto slide to weakness in tech and especially software shares, alongside turbulence in precious metals where leveraged positioning drove extreme moves.

Inside crypto, market mechanics amplified the decline. Billions of dollars of positions were liquidated as price fell, creating cascades and accelerating downside momentum. The impact was magnified by thinner liquidity; Reuters noted that market depth had declined materially, meaning smaller orders could create larger price swings than in prior periods. Fund flows also reflected risk reduction, with reports of significant spot Bitcoin ETF outflows during the week.

Why BTC rebounded on Friday comes down to two forces: exhaustion of forced selling, and stabilization in the broader risk tape. Reuters reported Bitcoin’s bounce back above $70,000—its largest daily gain since March 2023—was supported by a rebound in technology shares and precious metals after the global rout. While price recovered quickly, derivatives markets still showed elevated demand for downside protection, a sign that confidence remained fragile even as the panic phase eased.

Into Monday, Feb 9, Bitcoin traded in a more balanced way around the $70,000 area, reflecting stabilization rather than an immediate return to trend.

Takeaway: BTCUSD’s Feb 2–9 movement was driven primarily by macro‑led risk-off sentiment, thin liquidity, liquidation cascades, and product outflows, with the sharp Friday rebound emerging once risk assets stabilized and forced selling pressure faded. Various speculative narratives circulated online during the period. The market, however, continued to trade in line with positioning, liquidity, and broader risk sentiment.


The chart below tracks BTCUSD’s movement from February 2 to February 9 using hourly candlestick data, with daily highs and lows colour-coded to illustrate the evolution of volatility across the week.