Fundamentals of Gold & Silver Miners
The fundamentals of the miners are about to enter a period of increasing cash flow and bottom line profits. The actual producers are benefitting from rising prices for their products while their costs decline as oil continues to fall. This will start to become obvious when they report their second quarter earnings months from now. Stock prices move ahead of the fundamentals and should begin to be reflected going forward from here. With May ending today, the negative monthly charts are likely to flip positive in June, especially with oil prices now in their next major leg down.