QUESTION: Marty, would you do an replace on the Dow? As you’ve typically mentioned, when the Dow leads the NASDAQ, it’s usually an indication that institutional and overseas capital is shifting into the market. Socrates referred to as the July low, and the Directional Change in the course of the week of July 27 turned the market again up.
You could have additionally defined in your podcasts that when geopolitical tensions intensify, overseas capital tends to hunt the relative security of the US. With three main elections approaching and geopolitics returning to the forefront in August, does this nonetheless help the standard sample of an August excessive adopted by weak point or perhaps a September crash?
You have been additionally appropriate in calling each the July turning level and gold’s decline regardless of heightened geopolitical tensions. What’s Socrates saying now about the place the Dow and the broader markets are headed from right here? Are we approaching time to purchase gold?
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ANSWER: These are vital questions. August has been our key goal geopolitically. Some market will decline and different will rally due to that. I’ve determined to launch two Institutional Studies on these issues at a decreased price for most of the people. I perceive that the gold-bugs are at a loss and people calling for the crash of the century have been unsuitable for greater than a yr. All of this has been the byproduct of domestically confined evaluation. They by no means look past the shores.
We additionally simply acquired the video from the Convention and can publish the books on the market that have been handed out on the convention. These are busy occasions.
