Saturday, August 27, 2011

Ron Paul Owns Millions in Gold Interests (Portfolio amounts to huge bet against the US economy)

Ron Paul Owns Millions in Gold Interests (Portfolio amounts to huge bet against the US economy):

..............In his most recent financial disclosure, which covers the year 2010, Paul had $1.6 million to $3.5 million in gold-mining stocks. He also has a stake in three bear-market funds--and has for many years.

In all, Ron Paul's portfolio amounts to a super-bearish bet against the U.S. economy. If the country had defaulted on its debt earlier this month, he likely would have made a bundle. The congressman voted against House Speaker John Boehner's [R-Ohio] plan to lift the nation's $14.3 trillion spending cap.

(Excerpt) Read more at nationaljournal.com ...

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