The main reason I'm in precious metal stocks and others is to make money now and in the future.
It's good to diversify.
If you hit one big one you could be set for life.
I've heard this before but Adam Hamilton released an Editorial a while ago...in it he describes the possible upside to the PM Bull market. that we are now in.
"Most investors today have no idea how tiny the gold-stock sector really is, despite its phenomenal gains. As of October 31st, the total market capitalization of all the elite gold stocks in the HUI was just $142b! On this same day, the company Google alone had a market cap of $217b while the entire S&P 500 weighed in at $14,004b (14 Trillion). So if mainstream investors start chasing gold stocks with real capital, this tiny sector should just explode higher. It could make our bull-market gains to this point seem modest."
Adam Hamilton , Link