Posted on 12/22/2011 6:18:59 PM PST by GlockThe Vote
By any objective standard the portfolio would make any financial superstar green with jealousy. Fueled by his understanding of the inflationary policies unrelentingly pushed by his colleagues in Washington, Ron wisely loaded up on gold and gold mining stocks in the mid to late 1990s when those assets were regarded as the poor stepchildren of Wall Street. Although these assets have significantly beaten the broad markets over the one and three year time frames used in the article, most of their phenomenal gains occurred earlier in the last decade. McTague, however, completely neglects to mention this despite his noting that Ron Paul favored a "buy and hold" strategy that surely gave him exposure to those fat years. Amazingly, the average 10 year return of the 8 stocks listed in his top 10 holdings (that have 10 year track records - the two other positions have not been around that long) came in at more than 600%! During that time frame the S&P 500 was down 3%. Is there any stock mutual fund that can even touch that performance over a decade? Not likely. If Barron's chooses to label this strategy as "stopped clock" investing, so be it. But a more honest assessment would simply call it "successful" investing.
(Excerpt) Read more at businessinsider.com ...
Found a good place to invest the earnings from his racist newsletters, huh?
Rons stock pick performance over the last decade according to Schiff
Gold Corp up 1000%
Barrick up 300%
Newmount Mining up 300%
Agnico Eagle up 700%
Anglo Gold up 300%
IAMGold up 1000%
Mag Silver up 1000%
Pan American Silver up 1000%
Silver Wheaton up 2000%
Well then, let’s get him a job with a hedge fund where he may have positive results and keep him as far away as possible from the job of Commander in Chief of the United States Armed Forces where he would be a miserable failure.
“Found a good place to invest the earnings from his racist newsletters, huh?”
I find it hilarious that FReepers are all of a sudden embracing the NAACP line. “Oooooooh. Ron Paul is raaaaacist! Can’t vote for him!” What’s next? Threads in favor of slavery reparations?
LOL!
We hadn’t needed to use those lines often because William F Buckley helped purge all the neo-Confederates from the Republican party back in the 70s- unlike the Dems who have them all through their party. So when we see one and call it out, it is major news.
“Well then, let’s get him a job with a hedge fund where he may have positive results and keep him as far away as possible from the job of Commander in Chief of the United States Armed Forces where he would be a miserable failure.”
Don’t want mittens to be inconvenienced on the way to his coronation, now do we?
Earmark boy couldn’t possibly be another congressional inside trader.
Mittins people are cheering that Paul is peeling off the numbers from his competitors.. look at the trend lines. Mittens numbers always stay the same, every other candidate is variable and the more anti-mittens candidates there are, the better for him. Mittens needs Paul to split up the votes from Newt, Santorum, Perry, and Bachmann..
Paul is just a tool for the establishment as he has always been for the past 30 years. Give the anti-establishment types a fake flag to rally around.
Bi-blog again. They are full of laughs.
Hilarious? Ron Paul is a racist. And an anti-Semite. And pro-dope. And a trufer. And a libertarian. And so on and so on.
Real hilarious, huh?
..now that may be an interesting thing to check into. I wonder how his investments coincide with congressional bills. Maybe an interesting thing to research over the next few weeks. Congressional insider trading is one of the biggest scandals that people don’t know about *yet*.
Wrong! The fact that he published years of racist crackpot newsletters, is just one facet of an entire portfolio of bigotry, craziness, lying, and crap dangerous the the United States.
Wow, that’s amazing.
I can't believe the name calling here when it comes to Ron Paul, he must really scare some folks.
I find it a riot that Paiul nutters think Iran is our friend and 9-11 was a bush conspiracy !
Time to troll back to DU !
So he is part of the 1%. He supports OWS so that will be troublesome
“Ron Paul is a racist. And an anti-Semite. And pro-dope. And a trufer.”
And he’s old, and dresses funny, and I’ll let you in on a closely held secret.... he WAS the second man on the grassy knoll!
“Time to troll back to DU !”
You’ll have to take that up with JimRob.
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