osoab
16th June 2011, 05:14 PM
Stop the Presses! US Presidential candidate holds gold mining stocks (http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=129424&sn=Detail&pid=110649)
At least one GOP Presidential candidate, Gold Standard bearer Rep. Ron Paul, R-Texas, supports both a U.S. gold standard and a domestic precious metals sector.
Author: Dorothy Kosich
Posted: Thursday , 16 Jun 2011
RENO, NV -
The U.S. Congress' best known gold bug, Rep. Ron Paul, R-Texas, (also a two-time presidential candidate) apparently really likes Goldcorp stock.
Paul's 2010 financial report released Wednesday revealed that-although he sold up to $50,000 in Goldcorp stock last year, he has hung onto a range of $500,001 to $1 million in additional Goldcorp stock.
His Goldcorp stock outstrips his holdings in other major gold miners like AngloGold-Ashanti ($250,001 to $500,000); Barrick ($100,001 to $250,000) and Newmont ($250,001 to $500,000).
Paul is probably the nation's best known advocate of returning the U.S. dollar to the gold standard.
He also has invested in a considerable portfolio of gold and silver mining company stocks including: $100,001 to $250,000 in Agnico-Eagle; $100,001 TO $250,000 in IAMGOLD; $50,001 to $100,000 in Pan American Silver; and $50,001 to $100,000 in Eldorado Gold.
Other Paul mining stock holdings include from $15,001 to $50,000 in Kinross Gold; $15,001 to $50,000 in Golden Star Resources; $15,001 to $50,000 in Mag Silver; and $15,001 to $50,000 in Silver Wheaton.
Apollo Gold (now Brigus Gold), Coeur d'Alene Mines, Great Basin Gold, Metaline Mining, Quebec's Virginia Mines, and Wesdome Gold Mines warranted a range from $1,001 to $15,000 each in Paul's equity investment.
Vista Gold managed to attract only $1 to $1,000 in investment from Paul.
Unfortunately, Paul reported that only Agnico-Eagle, Barrick, Goldcorp, IAMGOLD, Kinross and Newmont paid him dividends last year. None of the mining companies that paid dividends exceeded the range of $1,000 to $2,500 each of income to Rep. Paul.
The congressman reported a minimum net worth of $2.2 million in 2010.
Sadly, no other top leader of the House, Democrat or Republican, reported major holdings of gold company stock last year.
He puts some of his money where his mouth is.
At least one GOP Presidential candidate, Gold Standard bearer Rep. Ron Paul, R-Texas, supports both a U.S. gold standard and a domestic precious metals sector.
Author: Dorothy Kosich
Posted: Thursday , 16 Jun 2011
RENO, NV -
The U.S. Congress' best known gold bug, Rep. Ron Paul, R-Texas, (also a two-time presidential candidate) apparently really likes Goldcorp stock.
Paul's 2010 financial report released Wednesday revealed that-although he sold up to $50,000 in Goldcorp stock last year, he has hung onto a range of $500,001 to $1 million in additional Goldcorp stock.
His Goldcorp stock outstrips his holdings in other major gold miners like AngloGold-Ashanti ($250,001 to $500,000); Barrick ($100,001 to $250,000) and Newmont ($250,001 to $500,000).
Paul is probably the nation's best known advocate of returning the U.S. dollar to the gold standard.
He also has invested in a considerable portfolio of gold and silver mining company stocks including: $100,001 to $250,000 in Agnico-Eagle; $100,001 TO $250,000 in IAMGOLD; $50,001 to $100,000 in Pan American Silver; and $50,001 to $100,000 in Eldorado Gold.
Other Paul mining stock holdings include from $15,001 to $50,000 in Kinross Gold; $15,001 to $50,000 in Golden Star Resources; $15,001 to $50,000 in Mag Silver; and $15,001 to $50,000 in Silver Wheaton.
Apollo Gold (now Brigus Gold), Coeur d'Alene Mines, Great Basin Gold, Metaline Mining, Quebec's Virginia Mines, and Wesdome Gold Mines warranted a range from $1,001 to $15,000 each in Paul's equity investment.
Vista Gold managed to attract only $1 to $1,000 in investment from Paul.
Unfortunately, Paul reported that only Agnico-Eagle, Barrick, Goldcorp, IAMGOLD, Kinross and Newmont paid him dividends last year. None of the mining companies that paid dividends exceeded the range of $1,000 to $2,500 each of income to Rep. Paul.
The congressman reported a minimum net worth of $2.2 million in 2010.
Sadly, no other top leader of the House, Democrat or Republican, reported major holdings of gold company stock last year.
He puts some of his money where his mouth is.