The Gold Lens · Topic
Portfolio Strategy
3 analyses on how Portfolio Strategy is shaping the gold market.
The Western Buyers Came Back
In June, Western investors were pulling billions out of gold funds. In August they put in $18 billion — the second-largest month on record — and gold rose 13%. What brought them back was not a bet on the Fed, and that matters more than the rally.
15 September 2026 · 8 min read
The Two Kinds of Gold Buyer Just Traded Places
Western investors pulled billions from gold funds in June — North America's worst first half since 2013. The world's central banks used the same weakness to buy more. The correction has sorted gold's owners into two camps keeping very different time.
16 July 2026 · 7 min read
Gold and Bitcoin Are Both ‘Debasement Trades.’ They Are Not the Same Bet.
Fear of fiat debasement has pushed money into gold and Bitcoin alike, and the two are now spoken of as one idea. They aren’t — they answer the same fear with opposite risk profiles, and confusing them is the most expensive mistake a debasement-minded investor can make.
27 June 2026 · 7 min readBrowse Other Topics