Long-term Ron Paul does NOT like paper money (ie the dollar)

TEXAS (Sept 20)    Per Ron Paul:  "I think If you look at the record of the value of the dollar since the Fed's been in existence we have about a 2 cent dollar where gold was worth $20/oz. 

I would say the record is rather clear on the side of commodity money.

And history is on our side, 6,000 years of history shows it [gold] maintains value while paper money self destructs.

I would say that long term as long as we have excessive spending and excessive computerized money you're going to see gold go up and eventually if we're not careful it could go to infinity while dollar could collapse totally.”