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CNBC: Ron Paul portfolio: 'Craziest' we've ever seen?

Ron Paul loves gold, which probably won't come as that much of a surprise to the retired Texas congressman's acolytes.

But how much the firebrand populist and former presidential candidate embraces the yellow metal could strike some as a bit...extreme.

Paul's investment portfolio is dedicated almost solely to hard assets, with 64 percent in gold and silver miners, 21 percent in real estate and 15 percent in cash, according to an analysis from the StreetAuthority blog.

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http://www.cnbc.com/id/100978321

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It is crazy.... Like a fox!

It is crazy.... Like a fox!

The people at CNBC may understand traditional investing

But, Ron Paul understands the economy, he knows the long game and is investing that way. Like he has said so many times, he may not know the exact timing of future events, but he knows they will occur. Fiat currencies crash and burn but gold will last forever. After all, it's now billions of years old and is one of the rarest of all elemental metals, not only on earth but in the whole of the universe.

Question concerning PM's

Threads like this talk about buying 'GOLD', and how it stands the test of time. Other threads on this forum talk about buying 'SILVER', how it is wise to keep on stacking due to shortage.

So, which is it? When someone talks about one or the other in separate threads, are the two interchangeable during conversation? Is one better than the other? I know the difference as well as the cost, it is the conversations that have me puzzled.

This thread is GOLD GOLD GOLD. The other is SILVER SILVER SILVER.

I am so confused, please help me to understand!

"What if the American people learn the truth" - Ron Paul

My opinion

which is nothing more that, an opinion -

1) If you don't hold it, you don't own it. IF you are going to get into precious metals, buy actual physical. "paper gold" and "paper silver" is a fools game

2) Figure out if you're doing it as an investor, or as a preservation of wealth. Investors care about paper prices. Stackers care about preservation of wealth over the long haul. If you're simply an investor, gold and silver are probably a BAD place to do that as the markets can be very volatile and are assumed by most to be HIGHLY manipulated by several big players.

3) Gold vs Silver? I say, both. Gold when you can, silver on a weekly or monthly basis (for me). Because of where the gold to silver ratio is now, I can buy a LOT more silver for the same amount of fiat at the moment. If the gold to silver ratio comes down a lot, it will make more sense to sell the silver and convert to gold. Over the long run, diversification is good. Silver currently has more uses (medical, electrical, industrial) than gold, due to price. It's not like it's going to become not useful. In reality, most people probably stack silver more than gold largely due to cost. I can buy multiple ounces of silver every few weeks, or wait a couple months to save up enough to buy one ounce of gold. I'd rather take the physical today, rather than gamble on the cost to get physical gold in 2-3 months (and risk there being another shortage).

Craziest?

I'm sure there enough DPers that have similar portfolios. If he had had less hard assets and more stocks, they would've called him a hypocrite. But because he walk what he talks, they call it "crazy" and "extreme."

Really, I think it just makes them nervous at how consistent he he is and has been in his predictions.

as some commenters on that site point out...

it's not all that crazy at all if you entered into those years ago when the fiat price was significantly lower.

How I WISH I had purchased physical gold at $200/oz, or silver at $8! The recent price smash has certainly helped my dollar cost average, but it's still nowhere near as nice as those who started this back in the 80's are are STILL up 800-1000% since that time.

Want to be rich at any point

Want to be rich at any point in human history ever?

Step #1: Acquire gold
Step #2: ???
Step #3: PROFIT!!!

It has always worked. Hoarding gold has always worked. Why do they treat this like its lunacy, GOLD HAS ALWAYS BEEN A SAFE BET. Even in an economic crash where everything loses value, gold might lose some value, but I bet the value of gold will bounce back faster than some pieces of paper or digits in a bank computer. Gold's value may drop, but paper and digital 1-0's can become literally WORTHLESS.

Hell with how the banks and govt work these days(look at greece) having those digits in a bank can actually end up being a net negative investment when they decide to fleece a huge percentage for the next bailout(again look at greece) and you some up end how OWING them money on your soon to be worthless, nonexistent 1-0's in their system.

gold, silver, land, and cash are pretty sound assets.

at this point, if you don't have insider information and devote your time to shorting, investing in stocks is about as 'safe' as going to vegas.

The typical congressional

The typical congressional portfolio might have 10% in cash, 10% in bonds, 20% in real estate and 60% in stocks or stock funds, according to The Wall Street Journal.

But Paul has taken a radically different approach.

His 21% allocation to real estate looks pretty normal. So does his 14% allocation in cash. But where he parts ways with his congressional brethren is the remaining 64% of his portfolio, which is invested in gold- and silver-mining stocks. Adding to his contrarian style, his 1% allocation to stocks funds are invested in "short" funds, a bet against future stock gains.

Congress should be barred from stock investment, along with commercial banks. The conflict of interest is indisputably prone to corruption which has dire consequences for the WHOLE WORLD'S ECONOMY.

Those that followed Ron Paul

Silver and gold mining stocks .I bought SLW in 2008 at 5 bucks a share .Silver dollar coins were selling at 8 bucks apiece. I think Paul and his listeners' and followers are doing well. Heck My sweet corn sells for 3 ears on the dollar today .I will sell anyone 2 dozen ears for one silver dollar. For those that don't have ears to listen to Dr.Paul

Money talks and dogs bark

SteveMT's picture

There are a lot crazier portfolios out there. Ask stockbrokers!

Ron Paul's portfolio would be considered super conservative compared to mine.

And if Ron's had that same portfolio since 1971...

...I'll bet he's gotten higher returns over the years than 99.9% of the momo monkeys they interview.

"Alas! I believe in the virtue of birds. And it only takes a feather for me to die laughing."

The good Dr. doesn't understand that it's different this time :)

He pays too much attention to old school things like this: (Courtesy TFmetalsreport.com)

Gold flowing out of London to Switzerland and Hong Kong

Combined Chinese and Indian demand in Q2 2013 at 586 metric tonnes

U.S. interest rates are skyrocketing as foreigners dump U.S. treasuries

Steeply falling Comex inventories

GLD "inventory" down 435 metric tonnes or 32% YTD

JPM stopping to themselves 3/4 of all August gold deliveries

JPM flipping from 50,000 net short Comex futures to 75,000 net long
GOFO negative for 33 consecutive days and the 6-month now negative at a new, unprecedented low

lol! god forbid, the Good Doc knows history, and trajectory of

current reality!

This is my favorite, most hilarious quote about him, from them:

”This portfolio is a half-step away from a cellar-full of canned goods and nine-millimeter rounds,” he says.

At our request, William Bernstein, an investment manager at Efficient Portfolio Advisors in Eastford, Conn., reviewed Rep. Paul’s portfolio as set out in the annual disclosure statement. 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.

and, I'm all like, so?? LOLOLOL!!!

check this one out, bobby, it's one of your own posts:

http://www.dailypaul.com/175491/barrons-attacks-ron-paul-as-...

http://www.washingtonpost.com/blogs/wonkblog/post/ron-pauls-...

I'd say, good for the doc!

few others in the similar vein:

http://www.dailypaul.com/201225/ron-paul-s-portfolio-unusual...
http://www.dailypaul.com/196202/wa-post-ron-paul-s-investmen...

I'd say, LAUGH at the feckless paper shufflers, by COPYING the Good Doc's portfolio! EMULATE the Doc's holdings!!!

Revealed: An Inside Look At Ron Paul's Portfolio

Tuesday, August 20, 2013 8:30 AM
By Michael Vodicka

But unlike many politicians simply tickling populist fancy, after taking a look at Paul's portfolio, it's obvious the man puts his money where his mouth is.

The typical congressional portfolio might have 10% in cash, 10% in bonds, 20% in real estate and 60% in stocks or stock funds, according to The Wall Street Journal.

But Paul has taken a radically different approach.

His 21% allocation to real estate looks pretty normal. So does his 14% allocation in cash. But where he parts ways with his congressional brethren is the remaining 64% of his portfolio, which is invested in gold- and silver-mining stocks. Adding to his contrarian style, his 1% allocation to stocks funds are invested in "short" funds, a bet against future stock gains.

Predictions in due Time...
http://www.youtube.com/watch?v=zGDisyWkIBM

"Let it not be said that no one cared, that no one objected once it's realized that our liberties and wealth are in jeopardy." - Dr. Ronald Ernest Paul