Tuesday, January 22, 2013

15 Stocks Owned By Ron Paul in His Gold and Silver Portfolio

I have posted before that Ron Paul puts his money (in gold stocks) where his mouth is (he is a stronger believer in gold).

Michael Vodicka has taken an updated look at Ron's holdings and notes that he has 21% in real estate, 14% in cash, 1% in ETFs that will  benefit from a collapse in the stock market and the rest (64%) in gold and silver stocks.

Here is a list put together by Vodicka, of 15 gold and silver stocks owned by Ron:




15 comments:

  1. He should wait until the 10 year yields about 1.0% and then dump a bunch of money into TBX. Should be the trade of the century.

    ReplyDelete
  2. Also, in my opinion, gold and silver are going to be the biggest beneficiaries of the looming American sovereign debt/currency crisis. The companies that mine them, on the other hand, could experience mass nationalizations due to political motives. That governments are going to leave these companies alone to make incredible windfall profits from the collapse of fiat currency is wishful thinking and not likely to occur. All precious metals mines will likely be taken over and plundered when the time is right, for the greater good, of course. Holding the metal itself in the form of coins is the best option in my view.

    ReplyDelete
    Replies
    1. More likely to happen in the US. That's why you want companies that own gold in countries such as Canada, Australia.

      Delete
    2. Don't trust them to much. They tend to listen to us when we tell them what to do.

      Delete
  3. Where is Ron's New Gold (NGD) stock? I expected it to be part of the portfolio...great buying opportunity at the moment!

    ReplyDelete
  4. Ron and I took a bath with IAG today, down 15%. Ugh.

    ReplyDelete
    Replies
    1. Same boat here with IAG. That one currently has a PE in the 8.75 range, incredibly cheap. But they pay a dividend yielding 2.8%. Unbelievable what's happening to mining stocks right now

      Delete
    2. There is awargoing on in Maliwhere French troops are fighting islamist terrorists, who have taken over 3/4 of Malialready.IamGold has 2 Gold mines in Mali,and I think that is the reason they dropped so much today

      Delete
    3. Considering that the country and the economy is still in dire straits and the Dow / S&P are overvalued , I do expect a major CRASH in the stock market and when it does , it will drag Precious Metals down with it [ temporarily ] as happened in the fall of 2008 . It created a wonderful buying opportunity . I have high hopes that Gold will drop from $ 1600.00 + down to $ 1300.00 or less. In the mean time I do NOT sell any of my mining shares or bullion .
      In August 2008 Gold was $ 979.00 , by October it dropped to $ 730.00 . Silver hit $ 19.11 in July 2008 , by October it dropped to $ 9.00 [ it is now $ 31.00 ]
      You never take a bath until you sell. IAG is an excellent company as is GG / Gold Corp .

      Delete
  5. I find it interesting that Ron Paul's investment allocation is 21% real estate and the balance is invested in paper; either fiat or equities. I don't see anything allocated to physical precious metals although he is so strong on gold and silver. I don't doubt his sincerity. I just find his asset allocation interesting...

    ReplyDelete
  6. To anonymous, I imagine this is just his "investment" portfolio and does not include his physical bullion. Still, it would be interesting to see what % of his allocation is physical.

    ReplyDelete
  7. You know the market cap of all those gold companies almost add up to Apple's cash on hand. Just saying...

    ReplyDelete
    Replies
    1. Yes , Apple is a great company but because everyone jumped on the band wagon it drove the price up to the point of being irrational. It hit $ 704.00 a few months ago and now has dropped down to $ 445.00. The price of Gold still has a long ways to go because of Wall Streets and the irrational spending policies and greed of our so called " leaders " in Washington.

      Delete
  8. Wait until the Fed's intervention (read: manipulation) of interest rates ends. Gold, oil, and single family real estate in top-quality resort markets (south Florida, parts of southern California, Hawaii) will go up 500-1000%.

    ReplyDelete