Paul’s right about the gold standard for the dollar. The wheels came off after Nixon took us off a fixed standard.
So Ron is not free to invest in what he thinks is safe?
So now investing in gold is betting against the US economy?
So now being patriotic is sticking with worthless fiat money printed out of thin air, and less and less people want to buy our debt?
Given who’s in the White House tanking our economy on purpose, we’re all just supposed to go down with the ship and go broke when inflation and hyperinflation occur, because Barry wants to make everyone equal (ie poor) and can’t do it fast enough?
At the very least he should have a disclaimer that he is a big gold investor. Guess there is a double standard for Paul. He doesn’t have to be honest.
Hoarding/having gold is unpatriotic.
Next step an opportunity to "come clean" and sell all your gold to Obama the government.
Then an opportunity to turn it in without penalty.
Then seizure at gunpoint.
For goodness sake, this retard thinks that George Bush was personally involved in 9/11. He thinks Iran would be a prudent keeper of nuclear weapons. The list goes on.
The man is a freakin’ nutzo retard.
Huh? Hasn’t Ron Paul always openly advocated for gold? How is this inconsistent with his normal positions?
Its not “a bet against the U.S. economy”, its a realization that funny money is flying out of Obama’s a$$ into circulation faster than we can create wealth- like trillions of times faster.
Since when is reality based investment a bet against the economy?
As much as I dislike Ron Paul and his views (a LOT) I find it hard to castigate someone who invests their money in a way that indicates they think the economy is going to do poorly, and they want as much of their money to survive.
What the heck is he supposed to do?
Looks to me like Ron Paul owns a lot of PAPER!
Physical gold is the only thing to own, if you want to OWN gold.
It was a good bet.
We own gold too. We have been investing in physical gold since 1997.
I don’t see a problem with this. The jacka$$ in the Whitehouse is forcing us to buy gold since he is clueless about fixing the economy.
Whatever my opinion of Ron Paul, it’s neither surprising nor inconsistent with his stated principles to find out he’s a goldbug.
Well, it’s all fine and good. He can certainly buy what he wants. But it gets a little tipsy when he goes around promoting buying something that he’s heavily invested in himself, and then promotes voting against a bill to keep us out of possible default, at which time he makes a ton of money in the event we default.
Tipsy, yes, makes your eyes twitch a little bit, but all perfectly legal and does not represent totally corrupt.
On the other hand the old weasel runs the nastiest campaign very similar to Obama trying to knock everybody else off the slate with weasly actions so he can run with little to none contest.
Why am I not surprised?
I am not a Ron Paul fan, but I see nothing wrong with him investing in gold stocks. It just goes to show that he “puts his money where his mouth is.” Love him or hate him, Paul has long been one of the most principled members of Congress. The notion that he voted against the debt deal just to boost his personal portfolio is beyond absurd. Typical liberal libel against a Republican
“A gold coin in every pot!”
Campaign slogan.
Well duh.
He knows where Obama is taking us.