It's simple. You're investing in stocks with relatively high profit margins. In a rising gold price environment you should be investing in low margin stocks. If a miner had a margin of $100 an oz when the price is $700, and the price rises to $1000, that miner's revenue will rise 400%, from $100 an oz to $400. But a miner with a profit margin of $300 will only see their revenue double. Get into the right gold stocks and watch them go up.
