2 votes

Ron Paul's Stock Portfolio

From the Economic Policy Journal:

"He puts his money where his views are. It's chock full of gold stocks. He also is bearish on the stock market. He holds two exchange traded funds that will go up in value if the stock market goes down, Rydex-Ursa Mutual Fund and Prudent Bear Mutual Fund."
....

"Here's Ron Paul's portfolio:

Agnico Eagle Mines
Allied Nevada Gold Corp.
Alumina Common
Anglo Gold Ashanti Ltd.
BrigusGold Corp. Com MPV (formerly Apollo Gold Corp)
Barrick Gold Corp.............."

Continue here
http://www.economicpolicyjournal.com/2011/06/ron-pauls-stock...




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:)

Looking at history gold shares do well, better that the underlying metal. We will buy more shares today and next week.
There are other risks with stocks ofc. So perhaps not as safe as the physical metal.

I'm not holding any gold

I'm not holding any gold companies. I believe they'll suffer somewhat in a collapse as well since miners rely on mining equipment. Won't do any good if businesses like CAT can't hire and retain workers to build the mining equipment. If gold skyrockets, they can pay workers more and pay suppliers more, but that just equalizes costs and profits.

Nevertheless, my 401k limits me to what I can buy in the market and I contribute just enough to get the free money from my company match.

This still shows faith in gold as opposed to companies that ultimately rely on FRN staying respected. I'm bearing on stocks as well.

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