Chart of the Day: Tiffany & Co

Brian Sozzi, CEO & chief equities strategist of Belus Capital Advisors, points out that Tiffany & Co, which has been approaching its all-time high, is behaving something like a reverse ETF for gold and silver.

So is the little blue box now just a commodity short?

—By CNBC's John Carney. Follow me on Twitter @Carney