0 votes

WA Post - Ron Paul’s investment strategy: Prepare for doomsday

Another smear attempt. Need some help with the comments.
http://www.washingtonpost.com/blogs/ezra-klein/post/ron-paul...
Ron Paul’s investment strategy: Prepare for doomsday
Posted by Suzy Khimm at 03:07 PM ET, 12/23/2011

Ron Paul has an investment portfolio that’s worth anywhere between $2.44 million and $5.46 million, and the Wall Street Journal has taken a closer look at his holdings. Paul’s investments wildly diverge from the typical portfolio: Sixty-four percent of his investments are in gold and silver-mining stocks, and he holds no bonds and almost no business stock funds.

That’s not a surprise for the nation’s most prominent goldbug. But it’s also an extremely risky strategy in the current economy, where gold, silver and precious metals have dropped precipitously in the last few months of 2011. Here’s what one Connecticut investment manager told the Journal about Paul’s portfolio:

Mr. Bernstein says he has never seen such an extreme bet on economic catastrophe. “This portfolio is a half-step away from a cellar-full of canned goods and nine-millimeter rounds,” he says. There are many possible doomsday scenarios for the U.S. economy and financial markets, explains Mr. Bernstein, and Rep. Paul’s portfolio protects against only one of them: unexpected inflation accompanied by a collapse in the value of the dollar.
http://www.washingtonpost.com/blogs/ezra-klein/post/ron-paul...



Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

When I saw his portfolio, I

When I saw his portfolio, I said "you go Dr. Paul!"

At least he puts his money where his mouth is.

I love that they said he lost 20% on his stocks, but they disregard all the profits he got from when he first bought them.

Already Posted

This appeared on MarketWatch yesterday or the day before and was already posted, here. They misunderstand, of course. Ron Paul's rate of return has beaten the experts, which is what it should do.

What do you think? http://consequeries.com/

SteveMT's picture

I try. I searched and found nothing.

Sorry about that. Anyway, I just posted this comment over there:

The dollar has lost 95% of its value since the Federal Reserve came into being in 1913. There is only 5% to go before the the Weimar Republic comes to the U.S. and a wheelbarrow is at every front door. The world reserve currency status of the dollar in the only thing preventing this from happening.
Ron Paul is NOT holding enough gold in my opinion.

Ummmm

"Paul’s investments wildly diverge from the typical portfolio" and so does his political integrity compared to those running or already in office. Oh yea and his Moral values are very different from most politicians.

That is why he has 125% or my vote and support for president.