Gold / XAUUSD (future) as an "touchable asset" for "ancient mankind" to "accumulate" wealth VS "equities market" an "virtual asset" for "modern mankind" to "accumulate" wealth. As US SP500 index = benchmark / gauge for where is the "richest men on earth wealth's "performance". One should understand and "read" where "the modern capitalisms" run without "bias" due...
XAUUSD's cycle analysis, For easy understanding the white numbers are weekly cycle.. And the purple number are monthly cycle all those number were "roughly @ same month of year within/ near those dotted vertical line" for the past >100 years..P/s I have omitted most weekly cycle (white number ) for easy reading.