August will the be final verdict for the stock market. August should lead to either a confirmation of "modern day depression" or a mild deflation for the rest of the year! First trading day in August atrocious down 13 of last 20! August is the worst S& P SINCE 1987 .First nine days of August are historically very weak! End of August Murderous 6 out of 10 years. Dow usually loses 5% S& P about 3% and Nasdaq about 3.1%
Plan for investment in Gold and Silver, Biotech and Utilities. (BTK, XAU, UTY). Watch for August weakness in Silver.Look for rallies in corn. Watch the movement of gold prices-if they are up a big season ahead -if they are down then deflation will destroy gold!
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