7.5yr Cycle-Low for Gold
There is some talk these days about the gold price being on the doorstep of its 7.5yr cycle-low (or as others call it, 7 or 8yr cycle-low. The only reason I call it a 7.5yr cycle is because that is the multiple of the higher order 15yr cycle.)
My own historical chart (Figure 1) even shows that we are now in the empirically derived…