Gold prices have fallen over the last few years, and anyone taking long positions on gold equities has taken a beating, but that doesn’t mean it’s impossible to invest even as commodities continue to decline. Jeff Evans CFA at CIBC argues in a recent report that investors should consider taking a long-short position on gold, taking the sector-wide risk out of the investment and allowing them to effectively bet on individual firms. The basic idea behind a long-short investment is that the long position is the company you expect to beat the rest of the sector, while the short position…