Rather naive question but anyone know what the position for gold and ISAs? I know you can't buy physical gold in a Stocks and Shares ISa but can you buy a gold ETF? I assume so - anyone know of a good Gold ETF or ETC, I guess?
I have come across the iShares Comex Gold Trust mentioned in this article (http://www.thisismoney.co.uk/investing-in-gold) but when I look on the iShares site, it doesn't seem to be there anymore: http://uk.ishares.com/en/pc/funds/overview
Incidentally, is this right?
The British Sovereign displays the Queen's head and a horse and dragon and has the advantage of being exempt from Capital Gains Tax in the UK.
There seems to be a lot of advice to invest in physical gold, rather than ETFs:
Gold ETFs are vastly different to holding real gold. Turbulence... can affect the value of those gold ETFs markedly. When you buy an ETF you are buying electrons on a screen. It is not the same as buying real solid gold. What if the bank or fund manager goes out of business? What if trading in the shares is suspended, as for example short selling was just suddenly banned? What if the whole exchange is suspended as has happened in the past?
But I am not (quite) that apocalyptic, so what is out there ETF-wise?
