Gold is the new black as investors shun the market

Active investing is on the wane and the only surge in demand is for commodity-based investments

The great investing public has lost confidence in the stock market, and no wonder. Over the last three years, they diligently salted away their annual £7,000 allowance in their ISAs, only to watch one third of their hard-earned dosh evaporate. Now most are not even interested in the idea that there are great bargains available. They would rather go and buy something they can eat or wear, or trawl the high street sales. After a number of blunt warnings, some are prepared to worry a little about property prices, although from the buy-to-let mortgage figures just released, you wouldn't think...