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July 31, 2013

Messy Cycles

A difficulty with which we cycle proponents have had to contend over the past 18-24 months... in fact, the primary difficulty... is the lack of clear-cut cycle declines. Particularly with respect to gold and dollar cycles, we have seen repeated instances of abnormal counts which leave our framework in an obscure state. In the case of the dollar, we have an asset that ...

 

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