"Mr. Jaitly believes there is no better signal than the basis for anticipating the eventual flight out of paper assets into gold—an event he believes will be predicted by the basis, i.e. the Armageddon signal, a sign that the tipping point has been reached. My interview with Mr. Jaitly on this subject can be viewed at http://www.youtube.com/watch?v=rFTPHqQzDg8

Interesting point on the Armageddon signal jmreport. If it turns out to be accurate ie predicts a elongated state of Gold backwardization is imminent shortly, then this signal would be of great value to any investor - including those invested in stocks. That would be thee ultimate moment in time to position oneself as much as possible ahead of the event into producers or very near term producers ... and conversely divest oneself out of more speculative affairs, including most explorers, which don't count for much when tshtf and everyone's actively seeking the safety of a producer ..... an entity that can spit out readily available tangibles at a time of crisis when it's needed the most. Either you got it or you don't and a liquidity-squeezed market will all but ignore the latter. Anyone know of a competitor who publishes a similar warning service as the guy who runs bullionbasis.com?