The Switzer Group’s Call: Gold Shines, but Stocks Are the Real Treasure
Why Gold and Silver Stocks Could Be Your Next Big Win in 2025

As gold and silver prices soar in 2025, many investors are left wondering if they’ve missed their chance to cash in on the precious metals rally. With gold up a dazzling 25% this year alone and boasting a 50% surge over the past 12 months, it’s easy to feel like the train has left the station. But hold your horses—there’s still a compelling case for diving into this glittering market, especially when it comes to mining stocks. According to The Switzer Group in their Weekly Wrap – Edition #1,100 published on June 16, 2025, the opportunity lies in the underappreciated gold and silver stocks that haven’t yet caught up to the metals’ meteoric rise. Let’s unpack why this could be your golden ticket.
The precious metals sector remains a wallflower at the market’s dance, woefully “under-owned” despite its shiny allure. As The Switzer Group notes, “This is still an extremely ‘under-owned’ sector in the markets, with many dipping their toes in with simple ETF ownership” (1). While ETFs have funneled cash into big names like Newmont Mining and Barrick, boosting their gains, many mid- and large-cap gold and silver stocks are still lagging. Historically, these stocks offer leverage, meaning they typically outpace the metal’s price moves. Yet, as the report points out, “most mid and large cap names have had ‘decent’ moves but nothing close to what you would expect after the 50% move in gold over the past 12 months” (1). This gap signals a potential catch-up rally for these stocks, offering savvy investors a chance to outshine the metal itself.
What’s fueling this opportunity? The fundamentals for gold are rock-solid. Central banks worldwide are hoarding gold at levels unseen since the 1990s, a trend The Switzer Group highlights as a key price support: “Acquisition of physical gold by central banks is at its highest levels since the 1990’s and that should underpin the price for some time as they are unlikely to be sellers any time soon” (1). Add to that a cocktail of global uncertainty—Trump’s trade wars, the Russia-Ukraine conflict, and a softening economy—and you’ve got a textbook case for owning gold. The World Bank’s grim 2025 forecast, slashing global growth to 2.3% from 2.8% in 2024, only strengthens the case for safe-haven assets like gold (1).
