This is likely to be the most important week of the year for both the stock market and the precious metals market. I expect the stock market to begin a sizeable decline and gold and silver, could go either way.

If one looks at past history and the current COT reports, it looks like a stock market decline will result in the usual risk off waterfall that takes everything down with it. Given that past history and the percentages(especially since that is the way the criminal paper short bankers are betting) seem to favor that direction, we will probably know Sunday night when the futures begin trading to see if gold and silver are dumped on right from the get go.

If that is the case, you just sit by and wait for the dust to settle. Probably Friday, after the July 4th Holiday? On the other hand, if stocks tank but comes the NY Comex session Monday morning, gold and silver are not in freefall but actually rising, we could be witnessing the destruction of the banker paper short criminals, and possibly the banking system, itself. The most important week of the year, indeed!