Ron Paul sold stock in gold mining
By Kevin Bogardus - 06/15/11 02:12 PM ET
Rep. Ron Paul (R-Texas), a 2012 presidential candidate, sold at least $50,000 worth of stock in a gold mining company last year.
According to his financial disclosure report released Wednesday, Paul signed off on a partial sale of his investment in Goldcorp Inc. The Texas Republican still owns at least $500,000 in assets tied up in the Vancouver-headquartered mining company that has operations through Central and South America, as well as Canada and the United States.
Paul has been a vocal advocate of returning the U.S. dollar back to the gold standard. The congressman has hundreds of thousands of dollars tied up in several gold mining companies, such as Barrick Gold Corp., Eldorado Gold Corp. and Iamgold Corp., according to his 2010 report.
In March 2010, Paul also took out a personal loan of at least $250,000, according to his disclosure form.
Paul reported a minimum net worth of $2.2 million in 2010.
The only other sitting member of Congress vying for the White House in 2012 — Rep. Michelle Bachmann (R-Minn.) — requested an extension to hand in her financial disclosure report. Bachmann’s form is now due July 15, according to House records.
http://thehill.com/blogs/ballot-box/presidential-races/166629-ron-paul-sold-stock-in-gold-mining
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