Someone at the Bank of England appears to be reading Fortune & Freedom. That someone might even be Governor Andrew Bailey. In recent comments he blamed the growing public sector for low productivity. We have been doing so for years.
Labour’s serial flip-flopping on net zero is a distraction. Investors should look through the noise and focus on what actually works. That’s traditional energy, and it is currently trading at a discount to the market overall.
There has been a scramble for physical gold of late but investors have other options than hoarding of the metal. Miners are trading at historically low valuations. Royalties companies are also worth considering.