Ron Paul’s Portfolio Is, Surprise, Full Of Gold
January 9, 2012 by Sam Rolley
A review of Ron Paul’s investment strategy by The Wall Street Journal shows that the Presidential contender has put his money where his mouth is while investing.
Financial journalist Jason Zweig writes of Paul’s investments:
“As a financial journalist (and registered Independent), I don’t take sides in political campaigns. But, in more than 20 years as an investing reporter, I’ve never seen a more unorthodox portfolio than Rep. Paul’s: no bonds at all, no mainstream stocks or mutual funds (other than three funds that ‘short sell,’ or bet against, U.S. stocks), and 64% of all assets in the shares of companies that mine silver and gold.”
While the writer did not deny that Paul’s portfolio has performed extremely well over the past 10 years, he said that the candidate had too little diversity in his investments.
Here are a few of Paul’s investment picks:
- AgniCo Eagle Mines (AEM), which doubled in price from 2009 through 2010 before plunging 50 percent in 2011.
- Barrick Gold (ABX), which went from about $33 in early 2009 to between $45 and $55 in the past year.
- Goldcorp (GG), which went from $27 in early 2009 to surpass $55 last April. These days, it trades for about $45.
- Iamgold (IAG), a stock that went from $6 in early 2009 to more than $20 last spring. It’s now trading at about $17.
- Newmont Mining (NEM), which has jumped almost 70 percent from early 2009.





You can opt-out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.