Charts suggest S&P 500 may struggle in August while gold looks set to rally, Cramer says

CNBC's Jim Cramer stated Monday that investors may find positive returns in gold despite the historically difficult month for the S&P 500.According to Larry Williams, the charts suggest that August could prove difficult for the S&P 500 but great for gold. That wouldn't surprise us at all, given the current big picture," said the "Mad Money host.""Remember, during that original debt ceiling debacle a century ago, the stock exchange crashed and... gold did well," Cramer said, referring to the fact that a two year suspension of the debt limit expired at the end July. Congress must now decide whether to raise or pause the government's borrowing limit.Cramer stated that Williams is seeing a decrease in breadth when comparing the number of stocks that are advancing and those that are falling to the S&P 500. Cramer stated that this is in addition to the difficult season for the broad equity index which has risen 16.8% year-to-date.