The Ron Paul Portfolio Has Been Getting Crushed

[Dusty Bake Activate]

A year is an eternity in the finance world come on unless they had his current portfolio stats. And only an idiot would think gold would make you rich. It's to balance your risk against inflation. Inflation won't happen unless the economy explodes in a positive direction and unemployment rate goes drastically down

Ron Paul and his doomsday cult of stans have been telling us to pull out of the stock market and buy nothing but gold for the past 5 years.

 

[Hiphoplives4eva]

I recently sold my gold ETF for a 35% profit. Ron Paul stans stay losing.

 

[Hiphoplives4eva]

A year is an eternity in the finance world come on unless they had his current portfolio stats. And only an idiot would think gold would make you rich. It's to balance your risk against inflation. Inflation won't happen unless the economy explodes in a positive direction and unemployment rate goes drastically down

just let them have their fun. I'm sure these same morons would have been shytting on gold right before the 2008 crash as well. Thats the thing about liberals they believe what they believe and anyone who disagrees with them are "morons." Extremely gay way of thinking if you ask me.

 

[Dusty Bake Activate]

just let them have their fun. I'm sure these same morons would have been shytting on gold right before the 2008 crash as well. Thats the thing about liberals they believe what they believe and anyone who disagrees with them are "morons." Extremely gay way of thinking if you ask me.

No dumb ass, a lot of people myself included, added gold to their portfolio because it was a good move considering we just had a financial collapse and the markets and the economy all around was full of uncertainty and instability. Where the Ron Paul stan cult at was investing in ALL precious metals.

And you know this because I see you in the stock trading thread. You're just being a as usual.

 

[Slystallion]

Ron Paul and his doomsday cult of stans have been telling us to pull out of the stock market and buy nothing but gold for the past 5 years.

If you want a near risk-less but generally flat return you invest in a treasury bond, but gold should only be a hedge it would be foolish to put all your money in it.

 

[Un-AmericanDreamer]

Trinidad James will be pissed!

 

[Black smoke and cac jokes]

If you want a near risk-less but generally flat return you invest in a treasury bond, but gold should only be a hedge it would be foolish to put all your money in it.

True, but T-bonds are dependent on interest rates which are historically low so what you do to balance your portfolio is to invest in a zero-risk commodity such as gold.

 

[Domingo Halliburton]

True, but T-bonds are dependent on interest rates which are historically low so what you do to balance your portfolio is to invest in a zero-risk commodity such as gold.

So are all bonds, I would short any bond right now, sight unseen. Interest rates have nowhere to go but up. Plus the 10 year t-note is barely beating inflation.

 

[Domingo Halliburton]

For everyone in here calling Ron Paul a moron you have to remember he's probably been investing in gold for years. In the last decade gold is up like 500%. Now to put as much of his portfolio in it is the risky thing.

 

[Domingo Halliburton]

A year is an eternity in the finance world come on unless they had his current portfolio stats. And only an idiot would think gold would make you rich. It's to balance your risk against inflation. Inflation won't happen unless the economy explodes in a positive direction and unemployment rate goes drastically down

While I agree with your last statement, gold isn't quite the hedge it used to be against inflation.

 

[Black smoke and cac jokes]

So are all bonds, I would short any bond right now, sight unseen. Interest rates have nowhere to go but up. Plus the 10 year t-note is barely beating inflation.

Gold isn't reliant on interest rate, it is one of the safest bets to hedge against inflation. Also, as you previously stated, gold has been on the rise since 2003 which gives larger gains than what T-bonds has been in the latest decade. Therefore, the zero-risk (low beta) gives a higher return because of the gold's increase whilst the T-bonds do not give any return at all in comparison.

But yes, T-bonds are similar but the major difference is that Paul wanted gold to be the unit of account which changes the whole system.

 

[Domingo Halliburton]

Gold isn't reliant on interest rate, it is one of the safest bets to hedge against inflation. Also, as you previously stated, gold has been on the rise since 2003 which gives larger gains than what T-bonds has been in the latest decade. Therefore, the zero-risk (low beta) gives a higher return because of the gold's increase whilst the T-bonds do not give any return at all in comparison.

But yes, T-bonds are similar but the major difference is that Paul wanted gold to be the unit of account which changes the whole system.

Yeah I know interest rates don't have anything to do with gold. Anyways if you buy a bond now, its going to be worth less in a year (assuming the economy continues to recover). I don't know if I said it in this thread, but I saw some study recently that gold really isn't the hedge against inflation that it used to be. And the fed is good enough at controlling inflation now I don't worry about it.

 

[Morph]

For everyone in here calling Ron Paul a moron you have to remember he's probably been investing in gold for years. In the last decade gold is up like 500%. Now to put as much of his portfolio in it is the risky thing.

He started investing in gold the year Nixon took us off the gold standard, 1971 I believe. Sometime in the 70s, Dr. Paul bought $30,000 worth of Krugerrand gold coins for $132 a piece. They're worth $2,000 a piece today. If you do the math, he purchased 227 coins for 30K. Today, that Krugerrand investment is worth $454,000.

$454,000 - $30,000 = $424,000.

Not bad at all. Also, he had already invested in gold by the time gold crashed in 1980. I think it's a little ridiculous to make a thread about how his portfolio is getting "crushed" when his investments date back to the 1970s. Gold's been rising a lot since 1980, and especially in the last 10 years.

Thing about gold is that it's never worth $0.00. Sometimes it takes a hit (e.g. 1980), but it always bounces back strong and performs excellent in a 10 year span.