Ron Paul auctioning off his booger green 79 Chevette

Julius Skrrvin

Julius Skrrvin

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VictorVonDoom said:
They used to talk about his "swag" in KTL. :lolbron:
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:huhldup:

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Broletariat said:
I thought this dude was caked up off of buying and selling gold

:wow: Pon Raul lost
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http://www.businessinsider.com/ron-paul-investment-gold-2013-4

A few weeks ago, we figured out what was happening to the Ron Paul portfolio — the former Texas congressman's 64% investment in gold and other rocks — and it wasn't pretty.
His portfolio is comprised of major miners and a handful of juniors, and displays a marked lack of diversification.

Investment manager William Bernstein told the Wall Street Journal that “This portfolio is a half-step away from a cellar-full of canned goods and nine-millimeter rounds.”

We looked at Ron Paul's most-recently disclosed portfolio. Granted, he may have picked up the stocks at any point in the past several years, so he's probably still above water on the investments. It's also conceivable that since he's left public life he's pared back a lot on his holdings. So we're just going based on what's public.

Still, these have taken a shellacking, and it's likely that he's lost a significant percent of his net worth, assuming he's held on to them over the past six months.

Here's what has happened:

  • Newmont Mining Company: –37.29%
  • Goldcorp Holdings: –34.64%
  • Barrick Gold: –48.17%
  • Agnico Eagle Mines : –35.78%
  • Allied Nevada Gold Corp: –68.48%
  • Alumina Common: +6.32%
  • Anglo Gold Ashanti Ltd. –44.13%
  • BrigusGold Corp. Com MPV: –39.18%
  • Claude Resources Inc: –56.39%
  • Coeur D'Alene Mines Corp: –47.21%
  • Hecla Mining Co: –47.74%
  • El Dorado Gold Corp: Not Listed
  • IAM Gold Corp: –65.40%
  • Kinross: – 44.11%
  • Lexam Explorations Inc: – 57.57%
  • Mag Silver Corp: –-40.50%
  • Metalline Mining Co: Not Listed
  • Pan American Silver: –35.97%
  • Silver Wheaton Corp: –37.50%
  • Virginia Mines Inc: —16.48%
  • Vista Gold Corp. –53.9%
  • Viterra Inc +0.81%
  • Wesdome Gold Mines Ltd: –43.29%
All told, the average loss was -40.3% over the past six months
Given that The Wall Street Journal reported that Paul's portfolio was worth between $2.44 million and $5.46 million — and that 64 percent of his assets were in these precious metal stocks — a very loose estimate is that Ron Paul has lost between $624,640 and $1,397,760 over the past six months, based on the average loss of his mining holdings. This assumes a 40.3% loss on 64% of his holdings.

A lot of that pain has come in the past two days alone. Here's what has happened to the portfolio since last Thursday:

  • Newmont Mining Company: -12.51%
  • Goldcorp Holdings: -11.38%
  • Barrick Gold: -18.03%
  • Agnico Eagle Mines : -15.59%
  • Allied Nevada Gold Corp: –16.23%
  • Alumina Common: -10.47%
  • Anglo Gold Ashanti Ltd. –16.41%
  • BrigusGold Corp. Com MPV: –16.19%
  • Claude Resources Inc: –19.32%
  • Coeur D'Alene Mines Corp: –14.74%
  • Hecla Mining Co: –13.27%
  • El Dorado Gold Corp: Not Listed
  • IAM Gold Corp: –16.67%
  • Kinross: – 21.19%
  • Lexam Explorations Inc: – 17.78%
  • Mag Silver Corp: –-21.50%
  • Metalline Mining Co: Not Listed
  • Pan American Silver: –14.41%
  • Silver Wheaton Corp: –14.30%
  • Virginia Mines Inc: —11.36%
  • Vista Gold Corp. –13.58%
  • Viterra Inc +0.0%
  • Wesdome Gold Mines Ltd: –1.79%
Pretty bleak.


Read more: http://www.businessinsider.com/ron-paul-investment-gold-2013-4#ixzz2ga8wbKSs
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Broletariat said:
well.. I guess I was right about the buying but not the selling :lolbron:

take economic and financial advice from libertarians, brehs
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He's not getting any donations from his presidential campaigns either and I think a lot of his supporters have smartened up and realized they were getting played.

http://www.thecoli.com/threads/that...es-to-sic-the-un-on-his-own-supporters.87700/

http://www.thecoli.com/threads/ron-...n-ask-me-anything-thread-gets-ethered.140886/

AV Dicey said:
how does a famous person auctioning off a 30 year old car have a negative connotation?
or is this partisanship 2.0, the extreme edition!
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1. He went from his cult-like supporters who donated him millions thinking he had an actual chance to be President, which he didn't even believe himself, to being forced to sell his ugly 79 Chevette to try and get money for his think tank because his paper is drying up.

2. It's a fukking 79 Chevette, one of the worst and ugliest cars ever made. He flossing that piece of shyt like it's a vintage classic like an old Thunderbird or an Impala.

3. Some Ron Paul supporter, the 15 or so that are still left will actually spend a grip for it just to be able to try and get a whiff of his ass residue.

4.
131001_ron_paul_car_courtesy_605.jpg
 
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MVike28

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VictorVonDoom said:
3. Some Ron Paul supporter, the 15 or so that are still left will actually spend a grip for it just to be able to try and get a whiff of his ass residue.

4.
131001_ron_paul_car_courtesy_605.jpg
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:laff: @ residue :scusthov:
:russ: @ 4...picture speaks a thousand words

:whew: @ the ether
 
Kritic

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this thread has been up 3 days thinking it was a whole bunch of obamabots but it's only 2-3 broke ppl counting another rich niccas money


who really lost

smh
 
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