Business Insider doesn't realize gold doubled in price since 2007-thinks Ron's way down

[RonPaulFanInGA]

http://www.businessinsider.com/ron-paul-investment-gold-2013-4

 

[Cowlesy]

Ron was worth millions when Gold was at $800/oz. I am sure he's surviving at $1300/oz, and will survive at $300/oz.

 

[tod evans]

Somehow I don't see RP bailing....

All this happy horse-shit with the market doesn't mean squat in the long term...

 

[RickyJ]

Gold falls temporarily and they call it a "collapse." I guess they forgot it use to be $250 an ounce about 10 years ago. I know one thing, I still want it more than I want dollars.

 

[thoughtomator]

Doesn't cost him a dime if he doesn't need to sell at this price, and I highly doubt he does. Theoretical immediate cash-out net worth is just that, theoretical. He'd take a bigger hit (by far) if he sold it and got taxed on his profits.

 

[NoOneButPaul]

And he's probably laughing as he buys more...

 

[Kotin]

LOL

 

[torchbearer]

Doesn't cost him a dime if he doesn't need to sell at this price, and I highly doubt he does. Theoretical immediate cash-out net worth is just that, theoretical. He'd take a bigger hit (by far) if he sold it and got taxed on his profits.

what if the bulk of his purchase was made at $20/ounce?

 

[The Northbreather]

I'm guessing that Ron has spent some of that gold profit on prime land/real estate that is protected with firearms.

 

[phill4paul]

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.”

I'm not seeing the problem here.

 

[torchbearer]

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.”

I'm not seeing the problem here.

sounds like a fungible money to me.

 

[itshappening]

Schiff has debunked this crap numerous times.

Every time gold falls they come out with this story.

Ha Ha! Look at Ron Paul!


http://www.youtube.com/watch?v=mjwOT8pmydE

 

[sailingaway]

Ron's been buying and holding since it was at $35.

 

[RonPaulFanInGA]

The thread title changes are getting pretty ridiculous. Before 2011, I don't remember ever getting a thread title changed, and now it's very frequent. Wonder who became a moderator in 2011 that coincides with that...

 

[alucard13mmfmj]

gold... i need to invest more of my paycheck in it.

 

[jj-]

The thread title changes are getting pretty ridiculous. Before 2011, I don't remember ever getting a thread title changed, and now it's very frequent. Wonder who became a moderator in 2011 that coincides with that...

What was the thread title?

 

[sailingaway]

The thread title changes are getting pretty ridiculous. Before 2011, I don't remember ever getting a thread title changed, and now it's very frequent. Wonder who became a moderator in 2011 that coincides with that...

You put up thread titles just to provoke, and you know it.

 

[itshappening]

I thought the original title was fine..

 

[TonySutton]

So for everyone pulling money out of gold, where are you putting your money now?

 

[tod evans]

So for everyone pulling money out of gold, where are you putting your money now?

Gold is money, are you inquiring about FRN's?