ESG

Discussion of the Gold portion of the Permanent Portfolio

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I Shrugged
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Re: ESG

Post by I Shrugged »

vincent_c wrote: Thu Jun 24, 2021 8:41 am Has anyone looked into the implications of ESG for gold?
If investment institutions bar themselves from owning gold, I say no big deal. I never have liked the idea of gold as a plaything for hot money. Now, if governments divest gold because of ESG, that could be very interesting, and probably not good. But, I think most governments which want to own gold will find a way to keep owning gold.
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