Video Update

Video: Gold’s 8-year Cycle Isn’t Actionable

Cycles analysis is popular but it’s subjective and therefore not actionable. There are two recent popular cycles that failed in recent years.

Moreover, with respect to Gold’s 8-year cycle, it was not helpful during the bull market in the 2000s nor the 1970s. I sketch out 3 potential scenarios for Gold and in each scenario I can pick a meaningful low at or close to the 8-year cycle low.

For these reasons, I’m not a fan of the 8-year cycle as a valuable tool and don’t follow cycles analysis. However, if it helps you make money then you should follow it.

Click Here to Learn About TheDailyGold Premium