Ron Paul - Disclosed Assets
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What I find funny is that your politicians go into office with F-all, come out with millions and nobody bats an eyelid, where do you think they get all their money from? Ron Paul is obviously honest, he has one investment theme and sticks to it. Check out Boehner, if he did that type of thing in the UK he would probably end up in prison.
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Excellent work! Definitely going into my favorites.
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Greenspan was asked how he wanted his retirement paid to him. Euros or dollars. He said Neither. He would rather have gold. I retired on my gold and silver earnings from purchases made ten years ago. And I still have 90% of my metal. Keeping savings in metals has worked very well. Buy it on the way down and it always goes higher than I paid. That's the only fact I need. Anything else you hear or read is just jealous commentary. Anyone else here retire at 45? What's in your wallet? Condoms?
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I'm Mirroring this video.
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@emorganschuster62 Decreasing the value of money would decrease the value of his investments actually, what does it matter if a bar of gold is worth one dollar or a hundred dollars if that value is caused by inflation rather than actual stock value.
Ron Paul only stands to gain due to inflation if people are investing faster than the dollar is depreciating in value. He has to be able to cash in his assets.
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In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
- Alan Greenspan (Before becoming Chariman of the Federal Reserve)
I can't tell if this is pro or anti Ron Paul, But it shows that the man knew and believed what he said 40 years ago. He said that removing the dollar from gold would skyrocket inflation and cause too much debt, and we did it anyway. So he invested in in gold when is was $35 /oz, now it is $1700+ /oz. He called it, and got rich, not by defrauding the people, but by being very intelligent. If everybody was as smart, to gain weath not at the expense of others, USA would be much better.
RP 2012
eanchak 3 months ago 7
Whats wrong with making money off of precious metals?2-5 million?You people are getting your pads wet for 2-5 million?LOL,then you really do not want to know the other candidates running for President's wealth.Romney alone is worth a quarter of a billion.
OurOxygen 2 months ago 3