An investor who has a long term view and is looking for capital appreciation and also has high risk tolerance should opt for investments in .*GoldEquitiesFixed DepositesHigh interest bearing junk bonds

The investor should opt for investments in Equities. Here's why:

1. Long-term view: Equities or stocks are considered ideal for long-term investment strategies. Over the long term, they have the potential to provide higher returns compared to other asset classes.

2. Capital appreciation: Equities offer an opportunity for capital appreciation. If the company performs well, the price of its stock increases, leading to capital gains for the investor.

3. High risk tolerance: Investing in equities involves a higher level of risk compared to other investment options like fixed deposits or gold. The value of stocks can fluctuate significantly due to various factors. However, an investor with high risk tolerance can afford to take this risk in expectation of higher returns.

High interest bearing junk bonds could also be an option considering the high risk tolerance, but they are generally considered more risky than equities. Gold and Fixed Deposits are usually preferred by those who have a low risk tolerance as they provide more stable returns.