Submarine Tracks & Fool's Gold is a compilation album of various artists made up of acts on Chiswick Records.

The critic and author Dave Thompson describes Submarine Tracks & Fool's Gold as a "driving" collection, rating it "eight out of ten".

[1] The album also receives a good review on the Allmusic website.

[2] The album was followed up with the Long Shots, Dead Certs And Odds On Favourites (Chiswick Chartbusters Volume Two) compilation album in 1978.