L
Ron Paul is a doom and gloom, gold standard touting, trade agreement hating, tin foil hatter. He is well loved by the Rothbard following Rockwellites.
Last December he wrote:
One year ago I wrote about the precipitous decline in the value of the U.S. dollar against other world currencies, a decline that continues unabated today. A Euro note worth only 89 cents shortly after its introduction was worth about $1.16 at the end of 2003. Today it’s worth $1.33. In fact, the dollar has fallen to an all-time low against the Euro, and a 12-year low against the British pound. Since 2000, the dollar has lost 30% of its value.
"Gold, by contrast, has surged 70% in the same period. The New York Times last week acknowledged that gold “was now a more favored currency than the U.S. dollar.” As analyst Harry Schultz points out, when gold prices are low the financial press calls gold a commodity. When prices are high, they call it a currency. Investors cannot afford to sit idly by while their dollar accounts lose another 30% in value, so the rise in demand for gold is hardly surprising."
Hope he bet his money against the dollas as Soros did.