As I explained earlier this week, the gold and silver miners have all completed inverse H&S bottoms. I stated they would be breaking out over the next two weeks. Rather than waiting to get started, it looks like some may break out today. The catalyst(excuse) for today’s run up in the metals and miners, will be the WSJ report that the FED may be contemplating switching to a 50 basis point hike in December after the widely expected 75 hike in Nov. This is the beginning of a positive fourth quarter for the miners in anticipation of “The Next Three Years” that I posted on Monday. Be patient, don’t chase,buy the dips.