Gold Bullion Anyone

blackpup · Apr 27, 2011

Texas University Endowment Storing About $1 Billion in Gold Bars - Businessweek

Fiscal prudence ? Wise investment ?

I think one of the comments made the remark " There's a sobering vote of no-confidence in US. monetary policy"

jimmy

greg334 · Apr 27, 2011

No biggie, when the system crashes, they will be worth $35 an ounce again.

Beside U of M and Harvard may have more stashed away.

blackpup · Apr 28, 2011

My concern was about quote" sobering lack of faith in US. monetary policy".

jimmy

chefdennis · Apr 28, 2011

Most of those in big investments haven't had any confidence in the US dollar for a long time, barry has just accelerated the de-valuing of it....

scottm4211 · Apr 28, 2011

chefdennis said:
Most of those in big investments haven't had any confidence in the US dollar for a long time, barry has just accelerated the de-valuing of it....

I finally sign on with a US carrier and take a 6 point hit on every dollar. Just my luck