August 26, 2026
The Last Honest Money – The Case for Bitcoin & Gold
KEY SUMMARY POINTS
- The Case for Hard Assets Has Never Been Stronger. Rising debt, persistent deficits, and currency dilution continue to support gold and Bitcoin.
- Gold And Bitcoin Are Built for a Changing Monetary Landscape. Scarcity, de-dollarization, and lower real yields reinforce their long-term appeal.
- Small Allocations Can Drive Meaningful Impact. Strategic exposure may enhance diversification, resilience, and long-term return potential.
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About the Author
Adam Bahram is Director, Investment Strategist at CI Global Asset Management, where he oversees the firm’s asset allocation strategies. In this role, Adam is responsible for providing portfolio insights to institutional and advisor audiences while supporting the positioning and growth of CI GAM’s investment solutions.
Adam brings extensive experience in buy-side research analysis, asset allocation, and portfolio management. Prior to joining CI GAM, he served as an Associate Client Portfolio Manager on the Asset Allocation team at TD Asset Management, where he developed expertise in constructing and managing investment strategies. He has also served on the investment committee of a wealth management firm.
Adam holds a Master of Finance from the Sobey School of Business at Saint Mary’s University and is a CFA charter holder.
GLOSSARY:
Drawdown: Measures the peak-to-trough decline of an investment or, in other words, the difference between the highest and lowest price over a given timeframe.
Return (risk-adjusted): A measure of investment performance taking into consideration how much risk/volatility was assumed to generate it. Consider two investments, both of which return 10% over a given time period. The investment with the greater risk-adjusted return would be the one that experienced less price fluctuation. Two of the most commonly used measures of risk adjusted returns are Sharpe and Sortino ratios.
Volatility: Measures how much the price of a security, derivative, or index fluctuates. The most commonly used measure of volatility when it comes to investment funds is standard deviation.
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