Why gold is a better bet than gold miners

Mining stocks are traditionally a leveraged bet on the gold price. But that no longer seems to be true. Dominic Frisby explains why gold itself is now the better buy.

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Gold miners are no longer the thing to buy
(Image credit: 2010 AFP)

In today's Money Morning I want to look at gold and the large gold miners.

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Dominic Frisby

Dominic Frisby (“mercurially witty” – the Spectator) is as far as we know the world’s only financial writer and comedian. He is the author of the popular newsletter the Flying Frisby and is MoneyWeek’s main commentator on gold, commodities, currencies and cryptocurrencies. He has also taken several of his shows to the Edinburgh Festival Fringe.

His books are Daylight Robbery - How Tax Changed our Past and Will Shape our Future; Bitcoin: the Future of Money? and Life After the State - Why We Don't Need Government

Dominic was educated at St Paul's School, Manchester University and the Webber-Douglas Academy Of Dramatic Art. You can follow him on X @dominicfrisby