EXTRACT -

• For decades, I’ve defined the Aug 1-Oct 31 time frame as “crash season” and this year could be particularly bad. The bottom line: If the stock market crashes going into the US election, the Fed will cut rates… even if inflation stays high. [Emphasis added.]
• What about the miners? Gold stocks are fabulous tools to make very fast and very large fiat profits, if investors buy them at the key buy zones for gold. Of course, some of that fiat should be converted to gold.
  
• ... While gold stocks are incredibly overbought on medium-term charts, on the long-term charts versus gold, they are one of the most undervalued sectors of all time… and the huge base pattern in play suggests that a sea change lies dead ahead. [Emphasis added.]