Do You Believe in Cycles? Palladium Moving Fast to Breakdown

In 1998 there was an oil price collapse, Russian debt default, soaring palladium prices, followed by a U.S.-led technology bubble melt-up. In 2020, there was an oil price collapse, a U.S.-led technology bubble melt-up, then Russia "defaulted" via sanctions, palldium prices peaked wiht the invasion of Ukraine and have since nearly completed a massive top. Do you believe in cycles?