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Skol

33,215 Posts.

1406

30/04/21

12:55

Post #: 52844923
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Originally posted by lewinsky: ↑

Gold certainly isn't a 'clean' asset, it's responsible for some of the worst environmental disasters and heavy metal pollution on the planet.Why single out gold? All mining operations have an effect on the environment. Coal, oil and iron ore probably the worst. Then you can add timber milling and the effect on climate change, fishing lack of sustainability, airlines and the effect on the ozone, farming and polution of waterways. I guess that leaves banks and they only rort customers which probably explains Skol's love for them.

When the Spaniards raided the Incas in Peru, did they pillage Llama balls or Alpaca droppings? Nope they were after that shiny yellow metal that has no p/e and pays no dividend.

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Because the poster above , who calls himself Melburn alleged that gold was a "much cleaner asset than CBA".

I don't recall CBA being hauled over the coals for reckless environmental damage or heavy metal pollution.
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0 Great analysis

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