To: splif who wrote (4125 ) 4/21/2025 6:25:19 PM From: Tweets Boar Hog Respond to of 4397 Message # 4125 from splif at 4/21/2025 4:40:10 PM I'm a total rookie when it comes to cycles and charting...but trying to learn. I have a couple questions that I hope are relevant....and apologies if they are not. 1. Can I assume that the more times this 14.5 year cycle repeats, the more reliable it becomes? I'm going to answer that and say absolutely yes. But how many "repeats" would make it statistically probable?I'd say yes and no. Never know. The next 14.5 could become a high. It happens. The market keeps us guessing. Right now there are 'some' that are buying gold puts. Seems risk is in their favor. I'll make another assumption that this is just one "tool" being used and probability increases when other factors also point in the same direction.Yes just another tool. There are multiple indicators indicating gold is topping here. But so far gold keeps blowing through all fib extensions. At some point it will not. 2. How do you factor in cycles that didn't work out or is that a consideration?No answer, just like any TA tool there are positives and negatives. Sometimes cycles work out exact, other times you have to adjust. Second question.....more from a bigger picture fundamental perspective. I've read a few comments from varying sources that point to similarities today to 1929 and events that followed. The gold market back then, and I guess in the 70's as well I would think is a markedly different environment than today. Now we have ETF's, computer generated trading, I guess similar central bank action but likely a very different retail mindset demand. Throw in crypto into the mix and what I also will assume is historically a flight towards safety....there are now a few different paths (at least in the mind of the masses) Not sure if I'm making sense of what I'm trying to say....so I'll stop now before I confuse it and myself any further. Regardless......I very much appreciate the comments/expertise on this site. My current cycles work indicates we are ready for a down wave, w/r to the current PM (Xau) position. But long term no, long term I think gold, silver and pm's go much much higher. The emphasis on SI these it ST, there is otoh the LT approach. I do not know who does better, in the end analysis. Final comment. Lot of balls up in the air today. I do not think the US of A is ready to wilt. I agree with your LT comments. Totally. LT imo is that gold and silver are going much higher. What has been difficult for the bulls is that many components that we follow have not broken out. When they do ... geez buy buy buy. My personal cycle opinion is that we may have a retreat here. If we do, buy buy buy the bottom Yah it is extremely fasinating. I find this all very fascinating.Yes yes. (I'm Canadian......GO JETS) :o)