Ron Paul portfolio: 'Craziest' we've ever seen?

Ron Paul
Brendan Smialowski | AFP | Getty Images
Ron Paul

Ron Paul loves gold, which probably won't come as that much of a surprise to the retired Texas congressman's acolytes.

But how much the firebrand populist and former presidential candidate embraces the yellow metal could strike some as a bit...extreme.

Paul's investment portfolio is dedicated almost solely to hard assets, with 64 percent in gold and silver miners, 21 percent in real estate and 15 percent in cash, according to an analysis from the StreetAuthority blog.

The other 1 percent? An allocation to stocks, but on the short side in a bet against the equity markets.

(Read more: Why Detroit is good for gold: Ron Paul)

His top five stock allocations are to Goldcorp, Barrick Gold, Newmont Mining, Silver Wheaton and Kinross Gold.

StreetAuthority's Michael Vodicka concludes:

If you are concerned (about) the Fed's recent actions, weakness in the dollar and inflation, then it's time to take a page from Ron Paul's portfolio and consider gold and silver miners. And while I wouldn't recommend the same allocation as Paul has, I do like Barrick and Silver Wheaton for most portfolios.

The former Texas congressman is considered a political renegade, fueling what some analysts call the craziest portfolio they have ever seen.

By CNBC's Jeff Cox. Follow him @JeffCoxCNBCcom on Twitter.