Bullish Outlook for Stocks, Gold, Silver Through Late August

The author of this article is staying bullish on stocks, gold, and silver through late August. They attribute this outlook to several factors, including the current price equilibrium near $90 for oil.

This equilibrium is seen as a sustainable situation from the American side, with the U.S. not needing to worry about the Strait of Hormuz specifically due to the blockade on Iran. The U.S. Energy Secretary has also mentioned 'dark crossings' where tankers switch off their AIS tracking and still pass through.

The author is also bullish on gold, which they believe can break through resistance around $4,423. They note that gold had a small pullback but has since resumed climbing, with the trend looking constructive.

In addition to stocks and metals, the author also provides updates on various ETFs and cryptocurrencies, including Bitcoin and XRP. For Bitcoin, they are watching for a potential breakout above $1,950, while XRP is seen as oversold with positive divergence.