August could be a ‘terrific’ month for gold, says Jim Cramer
The last month of the summer is looking "terrific" for gold and "tough" for the S&P 500, said CNBC's Jim Cramer. "The charts, as interpreted by the legendary Larry Williams, suggest that August could be a tough month for the S&P 500, but a terrific month for gold," Cramer said Monday. "Given the big picture backdrop right now, that wouldn't surprise me one bit." And it is the seasonality which makes all the difference, the 'Mad Money' host explained.