Exactly right. Because the market cap of all the miners is so microscopic, compared to all other stocks, its better to guide or lead the hive into a much much bigger sand box to blow up rather than ours little sand box. Geez if that big indices MOB tried to fit into PMs it would be tulipomania all over again. We would come and go in three years and look silly.
part of link
“Today, the tulipmania serves as a parable for the pitfalls that excessive greed and speculation can lead to. ‘tulipmania’ was one of the most famous market bubbles and crashes of all time. At the height of the market, the rarest tulip bulbs traded for as much as six times the average person’s annual salary.”
https://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp