An examination of U.S. Representative and GOP presidential candidate Ron Paul's financial disclosure documents by the Wall Street Journal shows that he holds cash, silver and gold mining stocks, and real estate. Less than 1 percent is in stocks and none is in bonds, derivatives, futures or other paper assets. Paul thinks that a financial collapse is on the way and has bet his net worth on that assumption. I have mixed feelings about those predictions myself, but say what else you will about Paul you still must admit that he puts his money where his mouth is.
*William Bernstein, an investment manager at Efficient Portfolio Advisors as quoted in The American Conservative.
