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




RonPaulFanInGA
04-15-2013, 03:51 PM
http://www.businessinsider.com/ron-paul-investment-gold-2013-4

Cowlesy
04-15-2013, 03:52 PM
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
04-15-2013, 03:55 PM
Somehow I don't see RP bailing....

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

RickyJ
04-15-2013, 03:55 PM
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
04-15-2013, 04:05 PM
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
04-15-2013, 04:08 PM
And he's probably laughing as he buys more...

Kotin
04-15-2013, 04:17 PM
LOL

torchbearer
04-15-2013, 04:30 PM
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
04-15-2013, 05:36 PM
I'm guessing that Ron has spent some of that gold profit on prime land/real estate that is protected with firearms. ;)

phill4paul
04-15-2013, 05:47 PM
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
04-15-2013, 05:50 PM
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
04-15-2013, 06:07 PM
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
http://www.youtube.com/watch?v=mjwOT8pmydE

sailingaway
04-15-2013, 06:27 PM
Ron's been buying and holding since it was at $35.

RonPaulFanInGA
04-15-2013, 07:05 PM
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
04-15-2013, 08:01 PM
gold... i need to invest more of my paycheck in it.

jj-
04-15-2013, 08:06 PM
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
04-15-2013, 10:45 PM
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
04-16-2013, 04:17 AM
I thought the original title was fine..

TonySutton
04-16-2013, 06:32 AM
So for everyone pulling money out of gold, where are you putting your money now?

tod evans
04-16-2013, 06:39 AM
So for everyone pulling money out of gold, where are you putting your money now?

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

sailingaway
04-16-2013, 08:20 AM
Gold can have runs in times of insecurity then go down, but insecurity hasn't gone down and central banks are buying gold. And look at how much gold had short sales last Friday according to one report. Did Cyprus sell that gold all at once to pay debts or something? Did an international plunge protection team go to work? It was an amazing report of short sales, if the report was accurate.

jj-
04-16-2013, 05:32 PM
You put up thread titles just to provoke, and you know it.

He knows it too? Wow. That makes it really not ok.