The precious metal getting ever more precious

There may be gold in them thar hills, but there's nowhere near as much of it as there used to be. With fewer and smaller discoveries, finding profits is a challenge - unless you know where to look.

Gold may be even more precious than we think. During the last several years, mining companies around the globe have discovered almost no new large-scale gold deposits. So if the world's major gold companies can't find any new gold deposits in the ground, they'll have to find them in the stock market by buying companies that already possess proven reserves.

Therefore, forward-looking investors might want to take advantage of the current weakness in the gold share market to invest in some of the small mining companies that would be attractive takeover targets.

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.