“Had you gotten into Royal Gold Inc., right when this Chaffee player kicked into action, you’d be up 4,536%. That’s the kind of explosive power these royalty plays have once they start collecting on their income streams and passing the gains directly to you. And when I say 4,536% gains, I’m not even including the dividends Royal Gold has paid out. Today Royal Gold pays out an annual 80-cent dividend — which, based on today’s $57 share price, puts you at a 1.4% yield. But that’s the thing. Now everyone knows about how great Royal Gold is… and so the price has driven higher to match. So you should be looking for something smaller, newer and ready to grow.”
