Oil seems to be putting in a bottom on strong volume, no one is left to buy any more negative real-yield securities the Treasury is issuing, and gold has started looking very bullish.

Their advice: Sell everything, and pile into gold and inflation-linked securities.

For example, Buffett managed to scoop up bargains ranging from municipal bonds to securities of Goldman Sachs, ge, and others. "When it's raining gold," he writes, "reach for a bucket, not a thimble."