Today’s action so far (only twenty minutes in as I type) looks like the real deal in that we are finally getting the desired combination we have been waiting for. A day with the stock market sharply down while gold and silver are sharply higher.

One day, and especially only 20 minutes, doesn’t make a trend, but I believe this is it. Maybe not the collapse of the economic system, but the demarcation point where the stock market bull has ended and the precious metals bull is finally recognized by all.

The first day of the new month and final quarter of the year, is a perfect time for it to happen. Be long the PM’s and get out of general equities. My recent “Triple Nine’s” call regarding the VIX was spot on.