Abu Dhabi Film Commission has finally confirmed what we've all known for weeks – Mission Impossible: Fallout is filming in the capital.
The film commission has so far remained stoically silent on the shoot, although members of the cast and crew, including star Tom Cruise and director Christopher McQuarrie haven't been shy about posting a selection of pictures from the set on social media, including one of a daring aerial stunt performed somewhere over the Abu Dhabi desert, and confirming that the shoot is for the latest in the Mission Impossible spy franchise.
Now at last, Abu Dhabi Film Commission have joined in the social media frenzy, posting a photo of Cruise in full flight suit on Instagram, alongside members of the local film crew supplied by twofour54 Abu Dhabi, and a UAE airforce plane that was used in the shoot in the Abu Dhabi skies.
The photo is captioned "Mission made possible with @tomcruise #inAbuDhabi, thanks to homegrown talent @2454abudhabi while filming #MissionImpossible Fallout."
Cruise and the Mission Impossible: Fallout team are believed to still be shooting the final sections of the Abu Dhabi leg of their schedule, with sources close to the production suggesting that the shoot will wrap in the next few days.
Maryam Eid AlMheiri, chief executive of Media Zone Authority Abu Dhabi and twofour54, said: "We are delighted to welcome Tom Cruise and other members of the cast and crew of Mission Impossible: Fallout to Abu Dhabi.
“Through the combined efforts of Abu Dhabi Film Commission and twofour54, we have attracted yet another major Hollywood production to our Emirate thanks to the incredible incentives we are able to offer, such as incredible locations, talented media professionals, world-class facilities and the generous 30% rebate on production spend."
She noted that Mission Impossible: Fallout is the fifth Hollywood movie in Abu Dhabi to capitalise on both the film commission's rebate and the Emirate's thriving media ecosystem.
“We expect to welcome many more to the capital for content creators in the future," she continued.
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Read more:
Confirmed: Tom Cruise is shooting a film in Abu Dhabi, most likely Mission Impossible
The stars coming to Middle East Film & Comic Con this year
‘We were flying the Millennium Falcon, X-Wings and TIE Fighters over Abu Dhabi’
Mission Impossible director shares snaps of Abu Dhabi stunt
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How to invest in gold
Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.
A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).
Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.
Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”
Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”
Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”
By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.
You may already have exposure to gold miners in your portfolio, say, through an international ETF or actively managed mutual fund.
You could spread this risk with an actively managed fund that invests in a spread of gold miners, with the best known being BlackRock Gold & General. It is up an incredible 55 per cent over the past year, and 240 per cent over five years. As always, past performance is no guide to the future.
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