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Why gold is still rising while tech slows
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Hi, there Some of you have been asking why gold has been rising so sharply recently. It’s a fair question. Gold has continued to push higher while parts of mega-cap tech and crypto have lost momentum. That divergence isn’t just about short-term fear. It reflects a shift in how investors are thinking about reliability, balance, and risk heading into 2026. This note looks at what’s changed beneath the surface, why this gold move feels different from past rallies, and what it may be signalling about the next phase of the cycle. You can read the full piece here: https://northtechcapital.com/is-gold-quietly-replacing-mega-cap-tech-as-the-markets-safety-trade As always, this isn’t about abandoning equities. It’s about recognising when market priorities are quietly evolving. Best, David North Tech Capital |
North Tech Capital
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