Over recent years the gold producing stocks have lost their position as a leveraged vehicle by which to play the gold bull market. To get the direction of a commodity correct only to select the wrong form of investment is tragic to say the least. As we wrestle with the question of allocation of capital we have briefly touched on other possibilities such as the use of ‘betting’ in the UK where the gains are tax free. Well, we have found a report that we think we be of interest to you regarding this tricky situation (read more…)