Here is an additional way to look at the producing gold & silver miners.  I and others have pointed out how the cash flow and earnings are going to show large and continuing increases, given the huge moves higher in both metal’s prices.  Some may question whether the recent, sharp correction, changes that thesis.                                                                                                                                                                                                                                                                                                                                                                                                                                  In my opinion, if you had to have a correction, it couldn’t have happened at a better time.  By occurring in the very beginning of the second(middle) month of a quarter, it will not hurt the continuing improvement, in quarterly cash flow and earnings.  As long as the correction either, holds sideways, and or prices begin to resume rising again, earnings and cash flow will continue to show large increases in each successive quarter.                                                                                                                                                                                                                                                                                                                                                                                                                                                              One can make the case, that the pullback was positive, because you don’t want one huge quarterly increase,  followed by a stagnation or drop, if the correction came at the end of a quarter and or lasted for more than one month.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            I see excellent strength in gold from here and also believe that silver bottomed, as I pointed out last week.  Silver now returns to a resumption of the uptrend, even if it now becomes a slower, more measured rise, at least until the old high at 121 gets taken out.  The recent correction helps slow down the increase and stretches out how long the cash flow and earnings will continue to show positive comparisons.