{"id":187296,"date":"2013-04-16T20:14:00","date_gmt":"2013-04-17T01:14:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2013\/04\/16\/schadenfreude\/"},"modified":"2013-04-16T20:14:00","modified_gmt":"2013-04-17T01:14:00","slug":"schadenfreude","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2013\/04\/16\/schadenfreude\/","title":{"rendered":"Schadenfreude"},"content":{"rendered":"<p>Gold prices are falling off a cliff, and <a href=\"http:\/\/www.businessinsider.com\/ron-paul-investment-gold-2013-4\">Ron Paul is getting hosed<\/a>:<\/p>\n<blockquote><p>A few weeks ago, we figured out what was happening to the Ron Paul portfolio \u2014 the former Texas congressman&#8217;s 64% investment in gold and other rocks \u2014 and it wasn&#8217;t pretty.<\/p>\n<p>&#8230;&#8230;&#8230;<\/p>\n<p>All told, the average loss was -40.3% over the past six months<\/p>\n<p>Given that The Wall Street Journal reported that Paul&#8217;s portfolio was worth between $2.44 million and $5.46 million \u2014 and that 64 percent of his assets were in these precious metal stocks \u2014 a very loose estimate is that Ron Paul has lost between $624,640 and $1,397,760 over the past six months, based on the average loss of his mining holdings. This assumes a 40.3% loss on 64% of his holdings.<\/p><\/blockquote>\n<p>It&#8217;s not nice to feel pleasure at someone else&#8217;s misfortune, but I am a bad man.<\/p>\n<p>Heh.<\/p>\n<p>Gold buggery does not make you money, but selling gold buggery to rubes does.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices are falling off a cliff, and Ron Paul is getting hosed: A few weeks ago, we figured out what was happening to the Ron Paul portfolio \u2014 the former Texas congressman&#8217;s 64% investment in gold and other rocks \u2014 and it wasn&#8217;t pretty. &#8230;&#8230;&#8230; All told, the average loss was -40.3% over the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,978,1019],"tags":[],"class_list":["post-187296","post","type-post","status-publish","format-standard","hentry","category-economy","category-politics","category-schadenfreude"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/187296"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=187296"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/187296\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=187296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=187296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=187296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}