The royalty companies are generally more steady performers. If I had just put all my holdings in RGLD I wouldn’t be crying like a little b*tch all the time. As far as Mac, he seems to make his investments based on a higher price of the metals-he’s a gambler, with our money….
That being said, if he’s right about the direction of the metals, his shares will far outperform those of the royalty companies. JMHO