With another reporting season soon approaching, many investors are wondering if gold stocks will be exempt from Wall Street's low expectations for Q3 earnings. The fear among some participants is that the diminished fear factor, combined with the Street's diminished expectations for corporate earnings in the latest quarter, will inflict damage to the leading mining shares in October. But as I'll show in this report, the fundamental outlook is quite favorable for the gold miners in the coming quarter.
In the month to date, we've seen a notable decline in the level of fear among