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He puts his money where his views are. It’s chock full of gold stocks. He also is bearish on the stock market. He holds two exchange traded funds that will go up in value if the stock market goes down, Rydex-Ursa Mutual Fund and Prudent Bear Mutual Fund.
Today is the required filing date for members of Congress to turn in their personal financial disclosure reports. They are all here.
Here’s Ron Paul’s portfolio:
Agnico Eagle Mines Allied Nevada Gold Corp. Alumina Common Anglo Gold Ashanti Ltd. BrigusGold Corp. Com MPV (formerly Apollo Gold Corp) Barrick Gold Corp. Claude Research Inc Coeur D’Alene Mines Corp. Dundee Bancorp First National Bank of Lake Jackson Gold Corp Inc Hecla Mining Co. El Dorado Gold Corp. IAM Gold Corp. Kinross Lexam Explorations Inc. Mag Silver Corp. Metalline Mining Co. Mutual Securities Inc. Newmont Mining Corp. Pan American Silver Petrol Oil and Gas Prudent Bear Mutual Fund Rydex Dynamic Venture Rydex-Ursa Mutual Fund Silver Wheaton Corp Texas Dow Employees Credit Union Texas Gulf Bank Virginia Mines Inc. Vista Gold Corp. Viterra Inc Wesdome Gold Mines Ltd.
(Note: Bank and Credit Union positions listed could be cash accounts held by Dr. Paul at the banks)
Dr. Paul has held many of these positions for many years, so his portfolio has done very nicely for him.
Reprinted with permission from Economic Policy Journal.