Jul 10, 2008 whats funny about these attacks on ron paul is that if america went on a gold standard, gold prices would go down, so his personal portfolio would be hurt by a gold standard. The case for gold by ron paul, lewis lehrman audiobook. He rails against government spending, argues against wars and calls for the. Looking at the twentyone publicly listed mining companies in the ron paul portfolio, the average return on investment was a dismal 22. Download for offline reading, highlight, bookmark or take notes while you read the case for gold, second edition. Apr 05, 2021 paul is an author of many books that encourage liberty and he also argues for the circumvention of unwarranted government entities like the internal revenue service irs and the federal reserve. Ron paul puts his money where his mouth is barrons. Download for offline reading, highlight, bookmark or take notes while you read gold, peace, and prosperity. Ron paul put 64 percent of his portfolio in gold, silver. Author ron paul has been the leading champion of sound money in the congress. Ron paul officially sells out texas financial advisory.
April 14th, 2020 the case for gold is a tremendous book ron paul s case is so. Gold and silver mining stocks hui, real estate, cash, and some. Ron paul is personally losing a fortune because of gold tanking. Ron paul apr 5, 2021 on march 24th, ukraines president vladimir zelensky signed what was essentially a declaration of war on russia. Still, its an improvement over the ron paul portfolio, at least most likely over the long term. Pauls portfolio fully 64% of his assets is entirely in gold and silver mining stocks. But lately there have been some highprofile defections from that consensus.
Dec 21, 2011 to fans of ron paul, this portfolio composition should come as no surprise. It later appeared as the final chapter in the gold standard. The possibility that he might makes him by far the most dangerous candidate in the 2016 field. For ron paul, a distinctive worldview of long standing. The case for gold goodreads meet your next favorite book. Ron paul owns gold and silver as an inflation hedge and as a store of. If you thought ron pauls investments in big gold miners were.
Reaching millions of people each month through its website, books. Action to take if you are concernedthe fed s recent actions, weakness in the dollar and inflation, then its time to take a page from ron paul s portfolio and consider gold and silver miners. Schiff was an economic adviser to ron pauls 2008 presidential campaign. The vote was, as ron paul wrote, a foregone conclusion. The gold reserves, which paul s new bill would audit, are generally seen as a guarantee on a nations currency, but the u. Ron paul put 64 percent of his portfolio in gold, silver miners. March 18, 2021 this threebedroom home has three full bathrooms, one partial. Global financial private capital is an sec registered investment adviser. Ron paul advises bitcoin proponents to be vigilant of. Aug 21, 20 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. Any currency not controlled by a government has my support. The monograph is written in the clearest possible terms with the goal of explaining the basics of paper money and its effects of inflation, business cycles, and government growth.
Ron paul loves gold, which probably wont come as that much of a surprise to the retired texas congressmans acolytes. Neil schulman, who directed the movie based on his. Ron paul has saved us from hyperinflation lewrockwell. Ron paul has performed a great public service in alerting the voters to the danger of the federal reserve system. Rarely has a dissent on a government commission done so much good. Ron pauls financial bubble theory stock investing lifestye tips. Its safer because it doesnt require you bet over half of everything on the price of gold. April 23 bloomberg ron paul, former congressman from texas, discusses his views on gold, central banks, and the weakened republican party. They had to assemble a bulletproof case for a return to gold, and this book is that case. Afterward, he penned the book the case for gold, in which he. Still, its an improvement over the ron paul portfolio, at least most likely over.
The majority was dominated by monetarists, who saw gold as too scarce and paper as just fine. Appropriately, it was titled gold, peace, and prosperity. Pauls portfolio fully 64% of his assets is entirely in gold and silver mining. House of representatives from texas in office january 3, 1997 january 3, 20 preceded by greg laughlin succeeded by randy weber constituency 14th district in office january 3, 1979 january 3, 1985 preceded by bob gammage succeeded by tom delay constituency 22nd district in office april 3, 1976 january 3, 1977 preceded by robert r. The monograph is written in the clearest possible terms with the goal of explaining the basics of paper money and its effects. Its goal is to help you make returns in a riskaverse way, using hedges and short positions to protect you on the downside and smaller, fastergrowing. Fatherson duo rand and ron paul love silver and gold, but differ. He also has a stake in three bearmarket fundsand has for many years. Thats actually a quote from 1979, according to his book pillars of prosperity.
Ron paul and investor marc faber who dont trust the current financial. May 18, 2007 representative ron paul of texas, a libertarianminded republican who often warns that excessive government threatens the economy, has put his pessimism into his portfolio. Former texas representative ron paul is a wellknown libertarian and lover of gold, as can be. Ron paul and other gold bugs keep fingers crossed for swiss vote. With gold hitting record highs, pauls stopped clock portfolio looks like. Bernanke on the hill last week and the question on many of your minds. Ron paul, meanwhile, has invested hundreds of thousands of dollars in 17 different gold, silver and other mining companies.
Aug 22, 20 ron paul gold portfolio might seem crazy, but its genius. Uscivilflags ron paul books the case for gold, pillars. Ron paul loves gold, but how much the he loves the yellow metal could strike some as a bit. The ron paul portfolio has been getting crushed business insider. Why the young flock to an old idealist the 75yearold texas congressman is a lonely voice in congress. It is all things the market needs good money to be and has been recognized as such throughout history. Theyll take over the banks, all business and industry. In all, ron pauls portfolio amounts to a super bearish bet against the. He explains why sound money has meant the gold standard. Gold, peace, and prosperity ron paul mises institute. Ron paul gold portfolio might seem crazy, but its genius.
Fatherson duo rand and ron paul love silver and gold, but. It covers the history of gold in the united states, explains that its breakdown was caused by governments, and explains. His other recommendation involved buying gold and silver, which have bo. The wsj analyst calls paul s portfolio with 64% of his assets in tiny, extremely volatile gold and silver mining stocks the most extreme bet on economic catastrophe he has ever seen, and a halfstep away from a.
New stansberry investment advisory features ron paul s battle for america book where investors gain access to the brandnew america 2020 portfolio from the stansberry research analysts. Several books were published by paul s foundation for rational economics and education, lake jackson, texas. Barrick gold corporation usa abx, silver wheaton corp. Whats funny about these attacks on ron paul is that if america went on a gold standard, gold prices would go down, so his personal portfolio would be hurt by a gold standard. Wall street journal mocks ron pauls portfolio filled with.
Speeches at 2008 cpac conference 2008 gop debate at reagan library in simi valley. Ron paul s battle for america urgent coronavirus message. Former texas congressman ron paul is known for his fullthroated endorsement of gold as money. At, you can see the view of every candidate on every issue. A brief guide to what rand paul actually believes the. January 14, 2021 january, 2021 1 comment on ron paul speaks out. Thirtyfour years after its first publication in 1982, the case for gold remains remarkably timely. Gold, peace, and prosperity ebook written by ron paul. The case for gold is stronger than ever the daily reckoning. Ron paul talks about our current monetary crisis and gives you a very in depth history of money and banking in the united states.
Last year the chairman of the federal reserve told me that gold is not money, a position which central banks, governments, and mainstream economists have claimed is the consensus for decades. Here he explains why sound money means a new gold standard. The case for gold lfb by ron paul, lewis lehrman nook. Higher interest rates are anathema to holding gold in a portfolio, since. Ron paul believes that we are currently looking at the greatest financial. This is the perfect handout for education of the gold standard. Ron paul isnt the only austrian investor in town ready for armageddon. The result was the case for gold, and it was the greatest result of the commission.
It was carrying forth a promise made in the republican platform. Ron paul owns millions in gold interests the atlantic. If you do believe in the value of gold and came across this book while you were looking for a book on how to safely buy and invest in gold, here are the two i. I served on the gold commission for eight or nine months while i was in congress along with.
This video is hosted on youtube and inspired another ron paul gold fan at ron paul gold investmento. People switch to gold coins, silver coins, and barter. If you do believe in the value of gold and came across this book while you were looking for a book. Ron paul s team was ready, however, with this marvelous minority report. Peter david schiff is an american stock broker, financial commentator, and radio personality. Paul has a total of 15 different gold and silver miner stocks in his portfolio. Liquid securities, such as those held within dias portfolios, can fall in value. Gold, peace, and prosperity, by ron paul, dated 198111, excerpts by ron paul, tired of media reports of fundraising and poll results instead of policy issues. The stock he owns with the largest market cap is g goldcorp inc. The case for gold, second edition by ron paul books on. Gold possesses all the monetary properties that the market demands. An inside look at ron paul s portfolio published on august 20, 20 at 11. In the revolution, texas congressman and presidential candidate ron paul has exposed the core truths behind everything threatening america, from the real reasons behind the collapse of the dollar and the looming financial crisis, to terrorism and the loss of our precious civil liberties.
But how much the former presidential candidate loves the yellow metal could. Street authority took an upclose look at the former presidential candidates portfolio recently, and he has an astonishing 64 percent of it in gold and silver miners. Jan 05, 2012 our recent post on ron paul s personal investment portfolio drew a torrent of comment from readers. The gold collapse is personally costing ron paul a fortune. The us abandoned the gold standard on august 15th 1971, under. Americans who read gold, peace, and prosperity will become more knowledgeable about gold, money and economics, and in becoming more knowledgeable will play a part, albeit small, in keeping discussions of those problems on the front burner. Ron paul has been the leading champion of sound money in the congress.
Sorbo, who plays freemarket economist martin vreeland in the movie, encapsulates a lot of the ideas that ron paul is talking about, said j. In this post, well try to cover the main points they raised. Good read for anyone looking to understand why we need sound money and how to do it without bringing down the system. The libertarian has long rallied for a gold standard, and has vocally worried about the stock markets reliance on the. In this book, ron paul provides answers to questions that few even dare to ask.
Gold commission to evaluate the role of gold in the monetary system. This 83page booklet provides understanding as to why a peoples right to own gold is linked to peace, which in turn is linked to. The case for gold, second edition ebook written by ron paul. The second edition of gold, peace, and prosperity is just 4. Ron paul gold portfolio might seem crazy, but its genius mic. As far back as 1981, ron paul exhibited his understanding of economics when he wrote a short treatise on the links between gold, peace and prosperity. Ron paul questions whether theres gold at fort knox, ny fed. Former texas representative ron paul is a wellknown libertarian and lover of gold, as can be seen when he sometimes wears his. Ron paul officially sells out ron paul s doomsday ron paul is a former u. A few weeks ago, we figured out what was happening to the ron paul portfolio the former texas congressmans 64% investment in gold and other rocks and it wasnt pretty. Dec 21, 2011 give or take a few percentage points, a typical congressional portfolio might have 10% in cash, 10% in bonds or bond funds, 20% in real estate, and 60% in stocks or stock funds. He also has a stake in three bearmarket fundsand has for many. Jun 09, 2016 the case for gold is stronger than ever.
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