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Macro Turning Point: Nat Gas Crashes 49%, Precious Metals Strengthen, Oil Setup Builds

End of Month Macro with Tom Bradshaw. What the natural gas collapse, precious metals strength, oil positioning, and global equities are signalling for investors now!

Welcome to the Monthly Wrap for February 2026 with The Contrarian Capitalist and the excellent Tom Bradshaw, author of Beyond the Headlines.

This End of Month Macro has been made FREE for everyone as we would love to get your feedback on this video. Please like, hare and leave a comment below!

5 small bits of housekeeping

  1. This video was recorded on Saturday 28th February AM.

  2. The chart deck was also inserted on Saturday 28th February AM.

  3. As mentioned above, please do provide feedback below!

  4. NB - None of this is to be constituted as investment or trading advice. We are NOT financial advisors.

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The Contrarian Capitalist

Tom Bradshaw/Beyond the Headlines

Chart Deck

The traffic light system has now been adopted to the Monthly Chart deck and the 20, 50, 100 & 200-day moving averages have also been included.

GOLD 🟢

February Close = $5,278.60 - UP +$383.48 (+7.83%)

SILVER 🟢

February Close = $93.76 - UP +$8.44 (+9.90%)

COPPER (per lb USD) 🟢

February Close = $6.06 - UP +$0.05 (+0.97%)

PLATINUM SPOT 🟢

February Close = $2,359 - UP +$199.50 (+9.24%)

PALLADIUM SPOT 🟢

February Close = $1,784.50 - UP +$73.50 (+4.30%)

URANIUM U308 FUTURES 🔴

February Close = $86.30 - DOWN -$12.70 (-12.83%)

NATURAL GAS (Henry Hub Natural Gas Spot Price) 🔴

February Close = $2.903 - DOWN -$2.884 (-49.84%)

WTI (West Texas Intermediate) 🟢

February Close = $67.28 - UP +$1.55 (+2.36%)

BRENT CRUDE 🟢

February Close = $72.96 - UP +$3.39 (+4.87%)


DOW JONES 🟢

February Close = 48,977.92 - UP +85.45 points (+0.17%)

NASDAQ 🔴

February Close = 24,960.03 - DOWN -592.36 points (-2.32%)

S & P 500 🔴

February Close = 6,878.89 - DOWN -60.13 points (-0.87%)

RUSSELL 2000 🟢

February Close = 2,626.3 - UP +10.5 points (+0.40%)

FTSE 100 🟢

February Close = 10,876.5 - UP +647 points (+6.32%)

FTSE 250 🟢

February Close = 23,755 - UP +467 points (+2%)

DAX 🟢

February Close = 25,284.26 - UP +745.45 points (+3.04%)

NIKKEI 🟢

February Close = 58,604 - UP +5,166 points (+9.67%)

HANG SENG 🔴

February Close = 26,630.55 - DOWN -756.57 points (-2.76%)

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