Also, gold miner stocks tend to trade as leveraged plays on spot gold prices; investors seeking to ramp up exposure may prefer to use stocks instead of the physical metal. (etfdb.com)
Some investors have a hard time with the fact that physical gold will never make a distribution or generate a cash flow; gold miner stocks make dividends and report earnings, which can make valuation more straightforward. (etfdb.com)
This is yet another implication of the gold - royalty business model which has outperformed the broader gold miner stocks in recent years. (goldsilverworlds.com)