This message is going to be very short, there are only 35 minutes left before the markets close in the US.

Based on today's price/volume action so far we believe that opening a very small speculative short position for gold (GLD ETF) is a good idea. Silver and mining stocks may decline as well, but the most important short-term bearish signal (tiny volume along with higher price) is most visible for gold.

We do not recommend selling your long-term investments here.

We will provide you with a follow-up in a few hours or so - the goal is to send this out as soon as possible.

Sincerely,
Przemyslaw Radomski