Are gold stocks really gold?

The best approach to investing in gold is a diversified one. And part of that approach is to buy gold mining stocks. But are they as good as the metal itself? Bengt Saelensminde investigates, and picks the best way to get exposure to gold mining stocks.

The fallout from MF Global's implosion is still working its way through the system. And newspapers are full of horror stories about the new credit crunch in Europe. All told, things are looking pretty bleak across the financial landscape.

This is all about deleveraging. Bankers are petrified about who they deal with. Once they put their money down, they may never see it again! That's why money's pouring into central banks' coffers.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.