Financial Community Supports Ron Paul


NEW FUND RAISER COMING UPhttp://... wont you help us make history!!Have you noticed? Ron Paul is picking up a LOT of support within the financial community. So far, these are the names of very prominent investment advisers who have announced their support for Ron Paul:

Axel Merk (Merk Hard Currency Fund), Harry Schultz (Harry Schultz Letter), Jim Rogers, (Jim Rogers.com), Richard Russell (Dow Theory Letters), and Peter Schiff (Euro Pacific Capital).

Not to mention the Chicago pit traders who were cheering for Ron Paul when he went head to head with Bernanke! Also, I was down at a local silver / gold shop in Boston the other day and I handed the guy behindthe counter a bill stamped with Ron Paul 2008 on it. Of course he knew about Ron Paul because of his honest money stance, and was a big supporter.

Below are some brief excerpts and links to their full statements, where available. If you know of any others that I've missed - please post them in thecomments section. I'd like to put together a very comprehensive list.

Axel Merk - 4/27/2007
Merk Hard Currency Fund

It is not our role to endorse a presidential candidate, especially not this early in the process. We don't agree with all of his views, but highly respect his no-nonsense approach to fiscal and monetary policy issues. We encourage everyone to familiarize themselves with the fiscal views of Congressman Ron Paul. He is living proof that it is possible to be a fiscally conservative politician with integrity.

See here for full statement

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Harry Schultz: HSL 662, 30 September 2007, page 6:

Ron Paul (for US presideing) is obviously the only election chance for upgrading the US govt. All others are just reruns of wrong principles&policies. If U want to help the cause of freedom with $'s go to: https://www.ronpaul2008.com/donate.(No public version available)

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Jim Rogers: October 29, 2007

"[Ron Paul] is the only one I've seen in American politics that seems to have a clue with what's going on in the world..."

Read more here.
Watch the interview at Financial Times here

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Richard Russell: Russell's Remarks, November 6, 2007

The current issue of Time magazine surprised me. The issue had a two page report on libertarian, Dr. Ron Paul, the Texas Congressman, who is running for President. Ron believes in the US Constitution. Ron would like to shut down the Federal Reserve and go back to the gold standard. I gather Ron would end the war in Iraq -- further, he would close down all our 120 military bases that are spread across the face of the globe. Ron would legalize narcotics and thereby end our expensive and idiotic "war on drugs."

I guess, to make it short, Ron would pretty much getthe government out of our hair, and return it to its original Constitutional form. I'm all for that. Furthermore, I'd mandate that every US Congressman and Senator be fully conversant with the US Constitution. I'd mandate that each and every one of them take an intensive course in Constitutional law. What they'd learn would probably shock them, but they'd get over it.

I'll vote for Ron Paul in the coming election. He's not going to win, but I just can't see myself voting for one of the other candidates. "Why are they running?" I ask. "Do they stand for anything different? Do they question where this nation is heading? Do they ask how this nation is going to continue living on borrowed money? Do they ask why the Federal Reserve was never subject to a Constitutional Amendment?"

Read the entire excerpt here

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Peter Schiff endorses Ron Paul: November 7, 2007

I recently had the pleasure of personally handing the Honorable Ron Paul (the only member of Congress truly worthy of that title) a $2,300 check (the legal maximum) as my contribution toward his presidential campaign. I have never given one dime to a politician (though Congressman Paul is more of a statesman than a politician) in my life, and you know what; it felt great. It was the best $2,300 I ever spent. The purpose of this email is to urge every single one of my clients, every subscriber to my newsletter, and every one in my database, to make a similar contribution.

Doug Casey
On November 9th, 2007Slatterypod says:

Doug Casey has voiced his support for Ron Paul, not only for his economic sense, but for his approach to foreign and domestic policy as well.
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James Grant of Grant's Interest Rate Observer!
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Listen to part of an interview here on YouTube
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Video Comments:
myliverwurst (November 30, 2008 at 1:25 am)
When was the last time you purchased something in dollars as a "typical consumer" and found that it wasn't imported? I mean come on, almost everything sold in the US is imported.
yannchambrier (November 21, 2008 at 5:21 am)
Bernanke: "If somebody has their wealth in dollars and they buy consumer good in dollars as the typical American then, euh... the decline of the dollar, the only effect it has on their buying power is that it makes imported goods more expensive."

When was the last time America actually produced something to export except paper money? A weak dollar will tank the US economy, period. It will also jeopardize its status as the world reserve currency.
shmacka (November 20, 2008 at 5:38 pm)
Notice the ticker on the top what the DOW is - it's like he can tell the future
DreamOfTurtles (November 5, 2008 at 1:20 am)
People snidely dismiss what Ron Paul says...

"Panis et circensis" - give them bread, give them circus, the populace will shut up - keep 'em snug in their consumerism - give them a war. Lie to them.

...The despicable hoi polloi and their cynical parliamentarians.

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