If You Thought Ron Paul's Investments In Big Gold Miners Were Doing Badly, Check Out His Investments In 'Juniors'

Courtesy of CNNEarlier today we revisited former Texas Congressman Ron Paul's precious metal-heavy portfolio.

Paul is one of the most famous advocates of gold as an investment, so we took a look at how his 64 percent precious metal portfolio was handling the recent crash in the price of gold.

We took a look at the three major mining stocks that the Wall Street Journal described as the largest of Paul's holdings. Here's what has happened to them in the past six months:

• Newmont Mining Company: –24.17%
• Goldcorp Holdings: –24.21%
• Barrick Gold: –27.14%

• Agnico Eagle Mines : –20.6%
• Allied Nevada Gold Corp: –49.03%
• Alumina Common: +51.28 %
• Anglo Gold Ashanti Ltd. –29.55%
• BrigusGold Corp. Com MPV: –23.39%
• Claude Research Inc: –46.67%
• Coeur D'Alene Mines Corp: –24.92%
• Hecla Mining Co: –26.94
• El Dorado Gold Corp: Not Listed
• IAM Gold Corp: –54.54%
• Kinross: – 17.42%
• Lexam Explorations Inc: – 29.41%
• Mag Silver Corp: –17.39%
• Metalline Mining Co: Not Listed
• Pan American Silver: –17.55%
• Silver Wheaton Corp: –15.57%
• Virginia Mines Inc: +5.15%
• Vista Gold Corp. –48.32%
• Viterra Inc +0.62%
• Wesdome Gold Mines Ltd: –38.21%

Looking at the twenty-one publicly listed mining companies in the Ron Paul portfolio, the average return on investment was a dismal –22.62% over the past six months.

Given that the Wall Street Journal reported that Paul's portfolio was worth between $2.44 million and $5.46 million — and that 64 percent of his assets were in these precious metal stocks — a very loose estimate is that Ron Paul has lost between $353,204 and $790,366 over the past six months, based on the average loss of his mining holdings.

The moral of the story: don't just be in gold related assets.