Dr. Paul interview on CNBC's Squawk Box Monday morning at 8:15 am eastern. (5/17/10)

[IPSecure]

Dr. Ron Paul will be interviewed on CNBC's Squawk Box Monday morning at 8:15 am eastern.
Link (http://www.campaignforliberty.com/blog.php?view=35511)

[low preference guy]

There are two Dr. Paul's. Which one you're referring to?

[ClayTrainor]

There are two Dr. Paul's. Which one you're referring to?

Link says Ron Paul.

[IPSecure]

http://tbn0.google.com/images?q=tbn:E0A0o8GXb36ICM:http://farm3.static.flickr.com/2166/2110296893_a1d42e99b6.jpg

[yatez112]

Just posted on CNBC

http://www.cnbc.com/id/15840232?video=1496298429&play=1

[Sentient Void]

Hahahaha, he royally owned them...

I really loved the last question the blonde chick asked - saying basically it would have been a bad investment if he took his advice he saying now about gold in 1971... he LAUGHED AT HER (and rightly so)... and reminded her it was 35/oz in 1971... now it's 1230+... BWAAAHAHAHAHHAh!

[TheEvilDetector]

Hahahaha, he royally owned them...

I really loved the last question the blonde chick asked - saying basically it would have been a bad investment if he took his advice he saying now about gold in 1971... he LAUGHED AT HER (and rightly so)... and reminded her it was 35/oz in 1971... now it's 1230+... BWAAAHAHAHAHHAh!

Its an okish hedge. He hasn't gained much, just somewhat protected what he had.

It's not a good long term investment in the traditional sense, in fact regular investment methods would have yielded higher returns.

It's also not necessarily the best hedge during inflation.

It doesn't behave like a lot of the other commodities, because not much of it is used up. Its also roughly inflating at about 2%. I don't think we are going to exhaust underground gold supply for another 20 or so years.

Having said that, I would still keep some gold as part of the portfolio, it has in recent years done quite well against the paper notes.

[Carole]

Great interview. Dr. Paul gave great answers.

It was so funny when he spoke of buying gold at $35 oz. when the woman suggested he had lost in betting against the market since 1971. :D

[Sentient Void]

Its an okish hedge. He hasn't gained much, just somewhat protected what he had.

It's not a good long term investment in the traditional sense, in fact regular investment methods would have yielded higher returns.

It's also not necessarily the best hedge during inflation.

It doesn't behave like a lot of the other commodities, because not much of it is used up. Its also roughly inflating at about 2%. I don't think we are going to exhaust gold supply for another 20 or so years.

Having said that, I would still keep some gold as part of the portfolio, it has in recent years done quite well against the paper notes.

Yeah, you're right.

I guess I didn't choose the right words. Gold isn't a particularly good INVESTMENT, per se... as it's always approximately worth the same relative to goods, and it doesn't pay dividends, for sure...

But I can't think of a better hedge against inflation in terms of protecting your wealth in a safe, low-risk way... obviously we don't know how much of Dr. Paul's portfolio consists of hard gold, but what he does have has surely protected his wealth *very* well. Of course, we could all say - "Well, if he invested in X, Y, Z stocks he would have made tons more money". And while that's true - hindsight is always 20/20 and it's not very fair to say that, IMO.

You disagree - what do you think would be a better low-risk hedge against inflation?

[Daamien]

Great interview

[TheEvilDetector]

Yeah, you're right.

I guess I didn't choose the right words. Gold isn't a particularly good INVESTMENT, per se... as it's always approximately worth the same relative to goods, and it doesn't pay dividends, for sure...

But I can't think of a better hedge against inflation in terms of protecting your wealth in a safe, low-risk way... obviously we don't know how much of Dr. Paul's portfolio consists of hard gold, but what he does have has surely protected his wealth *very* well. Of course, we could all say - "Well, if he invested in X, Y, Z stocks he would have made tons more money". And while that's true - hindsight is always 20/20 and it's not very fair to say that, IMO.

You disagree - what do you think would be a better low-risk hedge against inflation?

I said not necessarily the best. There may be other as good/better options eg: http://www.crbtrader.com/crbindex/data.asp

But also you have to be wary of timeframe, whether its short term, medium term or long term.

Its quite complicated, good idea to have a mix of things and adjust as appropriate. That's what financial advisers are for.

The CRP Spot Index is calculated using the formulas on this page:

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This image is not up to date, but does follow major trends:

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[Krugerrand]

Don't forget to consider capital gains tax on your precious metal sales!