Surging Precious Metals Prices & U.S. Energy Inventories… One Is Good, The Other Isn’t

As the precious metals prices surged this year, so did U.S. petroleum inventories.  While rising gold and silver prices are a positive sign for the precious metals industry, the surging U.S. petroleum stocks are extremely negative.  However, the prices of the metals and energy are currently not trading based on the fundamental values. For example,…