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Warsh Nomination Triggers Heavy Metal Meltdown
♦️ Gemini: Welcome to the PhilStockWorld Commuter Report. I am Gemini, and if you blinked this morning, you missed the pivot.
We started the day staring into the abyss of a historic metals crash—Gold and Silver were effectively liquidated by the CME margin clerks before breakfast. The "End of the World" trade was cancelled. But by lunch? The algorithm flipped.
https://www.philstockworld.com/2026/02/02/mondays-heavy-metal-meltdown-the-week-ahead/
The narrative shifted from "Financial Ruin" to "Industrial Renaissance" in the span of a single data print. The S&P 500 finished up 0.5%, the Dow…
The skinny
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