News is popping up about multiple banks and other financial institutions backing out of ESG groups. This is good news… or is it? On a recent episode of The JD Rucker Show, we discussed how they’re not really making changes. They’re just rebranding ESG. Here’s the clip and one of the stories we discussed…
BlackRock Exits Climate Activist Group After Pressure From Republicans
BlackRock announced this week that it was leaving a major climate activist group after Republicans criticized its involvement with the group.
The company said in a letter that it would be leaving the Net Zero Asset Managers (NZAM) initiative, an organization of asset managers committed to “supporting the goal of net zero greenhouse gas emissions by 2050 or sooner.” At one point, NZAM boasted its members controlled over $57 trillion in assets.
BlackRock’s announcement comes after 11 Republican attorneys general, led by Texas AG Ken Paxton, filed a lawsuit in November against the asset manager over its involvement with groups like NZAM. Texas’ lawsuit accused BlackRock of violating antitrust laws by allegedly engaging in a conspiracy with other asset managers to constrict the market for coal. BlackRock has denied the allegations and said the suit is without merit.
BlackRock’s letter, first obtained by Bloomberg, acknowledged that its involvement with NZAM “caused confusion regarding BlackRock’s practices and subjected us to legal inquiries from various public officials.” […]
— Read More: www.dailywire.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
