Nathan Slaughter

The past decade has been great to gold investors...

At $1,640 an ounce, gold is trading roughly 460% higher than its spot price just 10 years ago. The incredible run makes gold the best-performing asset in the past 10 years -- and this run may not be over yet.

Government spending still remains out of control, geopolitical turbulence is sending jitters through the market and inflation hasn't even begun to heat up. It's not a stretch to say gold could touch $2,000 an ounce later this year.

Still, that's only an 21% upside from today's price. That's a good deal, but it's by no means a great one.

But there is one investment that still offers investors the potential to double, triple, maybe even quadruple their gains from investing in gold today -- junior mining stocks.

Junior miners are the smaller, less-developed counterparts of the multibillion-dollar senior miners like Goldcorp (NYSE: GC) and Barrick Gold (NYSE: ABX).

Junior miners provide leverage over larger miners because they're smaller. Unlike the "big boys", new mining activities tend to have a much more profound effect on their bottom line. As a result, it's not uncommon for these stocks to deliver jaw dropping gains.

Nathan Slaughter

Nathan Slaughter is Chief Investment Strategist of Market Advisor, Scarcity & Real Wealth, and Energy & Income at