Wry & Dry #1-25 International year of elections. Open all hours. New political party.
As Readers pass the halfway point of 2024, they know it was always going to be a momentous year. And not because of the arcane controversy about the attractiveness of the Australian Olympic Team’s opening ceremony uniform.
2024 will be remembered for being an election year across the globe. When democracy is put to the test. And fails. But dishonesty succeeds.
This week, Wry & Dry will have a slight election bias, pondering the US (in New York, he watched peak senility battle peak Pinocchio), UK (he now finds himself, under a brolly, to guard against the landslide), France (M Macron has oeuf all over his visage) and Iran (the voting first round had a turnout of 40% – the lowest since the 1979 revolution).
Year-end stocktake part 4: Gold, Mining and Industrial companies
Part four of the year-end stocktake will outline our exposure to a final basket of stocks, the gold basket, our mining services exposure, three large industrial companies and two long-held smaller companies.
Read why we are predominantly interested in owning exposure to movements in the price of gold, both as an insurance policy against global uncertainty or conflict and as a hedge against inflation. Plus, Craig explains why we suspect that the Mining Services and Industrials sector is likely to continue to outperform despite tough conditions.