Home › 6a) Gold & Monetary Metals › 6a.) GoldCore › Is ESG Investment the Future of Gold & Silver?
Permanent link to this article: https://snbchf.com/2021/04/flood-esg-investment-future-gold-silver/
Donate to SNBCHF.com
Donate to SNBCHF.com Via Paypal or Bitcoin To Help Keep the Site Running
Please consider making a small donation to Snbchf.com. Thanks
Bitcoin wallet: bc1qa2h6hgd0xkuh7xh02jm5x25k6x8g7548ffaj3j
Receive a Daily Mail from this Blog
Live Currency Cross Rates
On Swiss National Bank
-
SNB Sight Deposits: Inflation is there, CHF must Rise
4 days ago -
SNB Losses in the News
13 days ago -
SNB Results Q2/2022: 95 Billion Loss, Close to my Predictions
16 days ago -
Swiss National Bank reports massive losses
16 days ago -
The SNB’s Financial Result, Currency Reserves, and Distribution Reserve
18 days ago
Main SNB Background Info
Featured and recent
-
Major Financial System Collapse! Buy GOLD & SILVER To Save Your Money! | Alasdair Macleod Forecast
-
Huobi steht vor Übernahme durch Justin Sun
-
Week Ahead: More Evidence US Consumption and Output are Expanding, and RBNZ and Norges Bank to Hike
-
Why the IRS Needs Armed Agents
-
Keith Weiner | Fed Policy Errors, Reverse Repo, Keynesian Illusion, Russia & China, Bitcoin, Gold
-
DAX lauert vor potenziellem Wendepunkt – “DAX Long oder Short?” mit Marcus Klebe – 11.08.22
-
Are Prices “Stickier” Than We Think?
-
Inflation Lower Than Expected | 3:00 on Markets & Money
-
US Indizes im Rally-Modus – US Opening Bell mit Marcus Klebe – 11.08.22
-
Dirk Müller: Taktische Positionierung in Taiwan
More from this category
Solar power plant to be built on Lake Lei dam
14 Aug 2022
Tips for Buying a Medicare Supplement Policy
14 Aug 2022
Germany Can Save Itself, and Possibly the World, by Abandoning Four Failed Policies
14 Aug 2022
Africa Needs Conventional Fuels, Not Windmills and Solar Panels
14 Aug 2022
Huobi steht vor Übernahme durch Justin Sun
13 Aug 2022
Week Ahead: More Evidence US Consumption and Output are Expanding, and RBNZ and Norges Bank to Hike
13 Aug 2022
More energy blows are dealt to Europe, causing a cold chill to be even colder
13 Aug 2022
Cassis discusses finance and innovation with UAE minister
13 Aug 2022
Economies Cannot Produce Wealth without Patience and Long-Term Horizons
13 Aug 2022
A Tale of Two Recessions: One Excellent, One Tumultuous
13 Aug 2022
Heading into the Weekend, Dollar’s Downside Momentum Stalls
12 Aug 2022
From high street to metaverse: finance embraces ‘bank killer’ technology
12 Aug 2022
Zur Lage: Fragen, Fakten, Erkenntnisse, Konsequenzen – eine Auswahl
12 Aug 2022
Why the “New World Order” Is Impossible to Implement without Creating Mass Chaos
12 Aug 2022
US Dollar Soft while Consolidating Yesterday’s Drop
11 Aug 2022
Markt ist auf der Suche nach dem nächsten Dogecoin
11 Aug 2022
Will Silver Prices Go Up to $300?
11 Aug 2022
Buy Gold, Because…
11 Aug 2022
A Most Peculiar Recession
11 Aug 2022
Hackers to put latest Swiss e-voting software to the test
11 Aug 2022
Is ESG Investment the Future of Gold & Silver?
Published on April 10, 2021
Stephen Flood
My articles My videosMy books
Follow on:
‘ESG’ is a great buzzword in investing right now. For years the momentum has been building for the idea that retirement savings should do more than keep you secure, it also should help the planet. Obviously, no one wants to hurt the planet since its our only home. ESG Investment is shorthand for Environmental, Social and Governance, which are the three lenses through which investments are to be ranked. High ranking companies get more money from investors than low rankers. The competition to rank high is fierce since having more investors is an important thing for companies. ESG is part of the broad socially responsible investing trend that focuses on development of a more sustainable financial system.
This quote from Civitas Post gives reference for the speed of growth seen by ESG investing within Ireland.
With nearly 100 Billion Euro forming up last year we should expect a portion of this money wanted allocation in physical metal, right? Nope. But it should.
In a Complex World…
Many of those ESG investment pools decided to own Tesla despite it making products that need mining of lithium and cobalt for batteries. Many funds also decide to own British Petroleum despite the thinking oil is bad for the planet. Few investors have qualms about owning Facebook despite the privacy breaches. The world is complex and so improving the world through money is not a simple idea. ESG investors are excited about helping others but not exactly agreed on what that means. There are more topics involved than just carbon, but ending oil is the most exciting topic in ESG today. Since mining companies use diesel for energy and chemicals for refining, they often rank poorly at ESG agencies.
ESG ranking is a relativity system. Companies produce annual reports describing how much carbon they saved or reduced. Investors use reports from ESG rating agencies to make decisions. ESG rating agencies compile public information to set their ranking. So information is available only on newly mined gold from producing companies.
Let’s take a moment now to imagine what such a physical bar company might be able to report. Possibly something like the statements below could come from our imagined CEO of Physical Bars in the Basement, Inc.
These three talking points that a CEO representing physical bars could make open the conversation of a compelling case that physical precious metals are contenders for the ESG crown. Should readers have their own ideas to add please share them.
Why Physical Metal is an ESG Investment
It is important to note that there is no single, accepted methodology for calculating ESG ratings. Various ratings agencies often have wildly different assessments of the same company. At a minimum this proves frustrating to investor interests. Further complicating the problem is the fact that most data used in ESG ratings looks backward.
Will your physical metals become the hottest ESG item going anytime soon? Not until investment promoters begin to expand their definition of what ESG really means. Until then the metals will do what they always do, wait patiently while conserving wealth without inflation or representation. Will your local bank ever put physical gold on its ESG approved investment list? Maybe if you send them this article.
Follow on:
You Might Also Like
2022-03-09
Dave Lukas of Misfit Entrepreneur invites Stephen Flood, CEO of GoldCore, to the show. Dave and Stephen talk about what people should know before investing in gold and silver, the present state of inflation, central banking, and the monetary system.
Further, he explains why gold is still your safe-haven asset and how it provides you with personal sovereignty. They also talk about cryptocurrencies and their future.
Stephen also discusses some of the lessons he’s learned along the route to being a successful entrepreneur.
Click Below to Listen to the Podcast
Download Your Essential Checklist
The Truth About The National DebtWatch David M Walker Only on GoldCore TV
GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)
07-03-2022 1999.25 1980.95 1520.63 1505.52
2022-03-04
As part of the sanctions against Russia, seven Russian banks have been cut off from SWIFT.
We start by discussing what SWIFT is, and then the implications of completely cutting Russia out of SWIFT.
What is SWIFT and Why Russia is Being Excluded
SWIFT – The Society for Worldwide Interbank Financial Telecommunication is a messaging system that links more than 11,000 banks in 200 countries.
The system doesn’t move actual money between the banks but transmits messages between banks with instructions to settle transactions.
Additionally, this system is crucial to the international trade system – without it, countries wouldn’t be able to settle trade transactions between countries.
The bar charts in the graphic from the Wall Street Journal below illustrate the growth
Tags: Commentary,Daily Market Update,Featured,Investing,newsletter