FNV - Streaming/Royalty Sector Review - Maverix Metals Enters A New Silver Stream

Introduction

In my opinion, the streaming/royalty segment of the precious metals market is the right place for a conservative investor interested in some exposure to precious metals. First of all, this sector is invulnerable to such classic mining risks as, for example, an operational risk associated with running a gold/silver mine, construction risk (development of an operating mine or construction of a new one) etc. Secondly, as the chart below shows, the streaming/royalty plays seem to outperform classic miners (represented by GDX, one of the most popular gold mining ETFs) in the long term:

Note: