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Gold Crashed 30% This Year — Now It's Climbing Again. Should Your TFSA or RRSP Be In It?

  August 12, 2026 If you've only glanced at the gold headlines this week, you've probably seen some version of "gold near two-month high." That's true — spot gold touched an intraday peak of US$4,434.84 an ounce on Tuesday, its best level since June 5, before settling back to around US$4,382. But "two-month high" undersells what's actually happened to gold in 2026, and that fuller story is the part that matters if you're deciding whether to put any of it in a TFSA, RRSP, or FHSA right now. Here's the short version: gold went nearly vertical in January, hit an all-time record, crashed by close to 30% within weeks, spent the spring and early summer languishing near US$4,000, and has spent the last six weeks clawing about 10% of that back. Where it goes from here is genuinely split among the banks that cover it professionally. That's the setup worth understanding before you buy. The wildest year gold has ever had Gold entered 2026 already o...

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Yahya Sinwar: From Architect of Conflict to Crucial Negotiator

 

After Hamas launched an attack on Israel in October, igniting the war in the Gaza Strip, Yehia Sinwar, the group’s most senior official in the territory, was described by Israeli leaders as a “dead man walking.” Sinwar’s role as an architect of the raid made him a prime target for Israel’s devastating counterattack. However, seven months later, Sinwar’s survival stands as a testament to the failures of Israel’s war strategy.

A Shrewd Negotiator and Strong-Willed Commander

Sinwar’s survival is not just a matter of luck. He has emerged as a strong-willed commander and a shrewd negotiator. While Israeli officials seek his assassination, they have been forced to engage with him indirectly to secure the release of remaining hostages. Sinwar’s consent is required by Hamas’ negotiators before any concessions can be made, even though he does not technically have authority over the entire Hamas movement. His leadership role in Gaza and forceful personality have given him outsize importance in how Hamas operates.

The Man Behind the Conflict

Sinwar, with his striking snow-white hair and jet-black eyebrows, leads Hamas’ political wing in Gaza. He is one of Israel’s most wanted men, held responsible for the October 7th raid into southern Israel, which resulted in the deaths of about 1,200 people and the kidnapping of over 200 others. Despite being nominally junior to Ismail Haniyeh, the movement’s most senior civilian official, Sinwar’s decisions are pivotal in determining the course of the conflict and its eventual resolution.

From Massacres to Leadership

Sinwar is not an ordinary leader; he is a powerful figure and an architect of events. His role in Hamas’ brutal massacres in southern Israel underscores his influence. As negotiations continue, Sinwar remains central to the group’s decision-making process, even as he operates from a tunnel network beneath Gaza. His survival has become emblematic of the challenges Israel faces in achieving its goals while dealing with a resilient adversary.

In summary, Yahya Sinwar’s journey from conflict initiator to crucial negotiator highlights the complexities of the Gaza conflict. His leadership and decisions continue to shape the region’s future, making him a key player in this ongoing struggle.

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