by Argentus Maximus, TF Metals Report:
Several years ago, and before the December 2015 low, I posted here about one particular gold cycle.
To be frank about this subject, there is open dissent about whether time cycles exist in financial markets at all, or if there are quasi time cycles. Or if alternatively this markets valuation is a random walk through chaos as real events unfold and become discounted into the gold price event by event.
My own opinion on this is that cycles do exist, but they are transient. They appear. They disappear. they morph into longer or shorter periods when they return.