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News Link • Gold and Silver

The Gold Collapse Is Personally Costing Ron Paul A Fortune

• http://www.businessinsider.com, Walter Hickey
 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.

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