I think I figured it out - it was the full moon. Investors read too many astrological forecasts and went crazy, lol. Actually, it's quite simple - I just couldn't see the forest for the trees. For today at least, the risk trade came off. Everything associated with safe haven ($USD, gold, big cap gold stocks) went up. Everything associated with economic growth (oil, silver, platinum, financials, small cap anythings) went down. The giveaway is the spike in the VIX.

So what's it mean? At the very least, it's a shot across the bow. It could also signal the start of a long-overdue retracement (probably in the 5-10% range). Gold stocks could outperform during this time. That said, in one day we've moved to short-term oversold, so a bounce is quite possible in the next day or so. I plan to use any bounce to lighten up - even on my beloved platinum/palladium plays. Not selling everything, just taking a little off the table.