Macro and Global Liquidity Analysis: Gold, Silver, and Bitcoin August 2026

Today the Ainslie Research team brings you the latest monthly update on where we are in the Global Macro Cycle, driven by the Global Liquidity Cycle, and the implications for Gold, Silver, and Bitcoin. This summary highlights the key themes discussed with our expert panel. We encourage you to watch the recorded video of the full presentation for the detailed explanations and the rich discussion between the panel members.

For a deeper dive see below.

Bitcoin Rebounds but Liquidity Momentum Keeps Fading

Ainslie Wealth: Chief Economist's Report – Chris Tipper

August 28, 2026

Weekly analysis of global liquidity, Bitcoin, gold, and silver. Published every Sunday.

Bitcoin has rebounded sharply from the mid-year lows and is now trading near $76,000, with recent weekly candles showing a clear recovery after the earlier correction. Gold has also strengthened, trading near $4,600, while silver has recovered toward $69. The BTC-to-gold and BTC-to-silver ratios remain well below prior cycle highs. The gold/silver ratio has eased modestly. The price action in Bitcoin is notable but occurs against a backdrop of still-soft liquidity momentum.

Read the full article here - https://substack.com/home/post/p-212374692