Recovery to follow in US stocks and precious metals

We are anticipating a bounce back in the US indices/stocks over the next week. Long positions are suggested in indices and stocks at lower levels. The monthly closing for July shall be upward but for August, it shall be downward.

In the previous session, a bounce back was observed but could not be sustained. This is in line with predictions of the Annual Letter 2024.

A recovery is indicated in Bullion (Gold/Silver) from next week.

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