The Fed did not change interest rates today.

Stocks popped and flopped back to unchanged.

VIX is wallowing, oblivious to the growing economic and geopolitical risks.

Gold and silver went ballistic in an impressive rally to new highs.  

What are the precious metals telling us? 

If you don't yet know, you have not been listening.  

And you certainly are not prepared for what is coming next.

Have a pleasant evening. 

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