University Of Texas Invests Nearly $1 Billion In Gold
by Gregory White
Business Insider
The University of Texas has added $500 million to its already sizable gold investment in 2010, partially due to the influence of hedge funder Kyle Bass, according to Bloomberg.
Bass, who sits on the university's endowment board, has previously said "all roads lead to gold," and questions the value of the dollar, or any currency, in this environment where central banks continue to print money.
The University of Texas has taken physical delivery of its $987 million worth of gold, and it is held in a vault in New York, according to Bloomberg.
Bass is seeking more investors for his negative Japan fund, which suffered in the wake of the disaster.
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Fab, please don't tease us.
ReplyDeleteBullshit. I know it's not Walter because he would have said "crazzy" at least once. Still, it's nice to dream.
ReplyDeleteFuck yes. There is a God. He wears a ten-gallon hat and answers to 'Walt.'
ReplyDeleteIt is either a spark of new life, or - more likely - the death knell.
ReplyDeletexoxo
Darla
Full disclosure. I had a LOT of email conversations with "Walt" during the last few years of RYS, and he sent me a note just a couple of weeks ago saying he was going to get on that "crappy misery bbs and show them what it's really like."
ReplyDeleteSo, it may indeed be him. Of course anyone can use the old Walt avatar. Still, he did like to talk about how big his lab was, so maybe it is him.
The only thing I can say is, "If Walt's here, what's to stop Cash from arriving as well?"
Lord save us all.
Walt, if that's you...play me that Foghat song you like so much.
Cal, you know I'd only do it for you. This is my one and only comment by the way. I'll send in a few hundred words when they occur to me, but I'm not going to piss around in the underworld where people actually are afraid of 98 pounders like Bubba, Honest_Prof and that crazzy fucking Russian dude.
ReplyDeleteOh, and as every one of my lab assistants knows first hand, this is the tune we play as one semester bleeds into the next:
http://www.youtube.com/watch?v=Lih9OnPN0ro
Yea, I got drunk last night
and the night before,
If I get me some wine,
gonna get drunk some more.
Walt, yep, that's the one. Chateau Lafitte 59 Boogie.
ReplyDeleteDon't hurt the residents, okay, Walt. We're already so miserable!
How on earth do the Miami 4 have time to write the page AND resurrect fake personalities from another site?
ReplyDeleteAwe-inspiring.
Oh, and the page is dying.
That is all.
I dunno. Would Walt do a re-post? Does his headline count as a post?
ReplyDeleteI like it here in the underworld, where Frogs and Toads generally live.
The only real discussions took place in the comments. Although they were often shut down by the "moderator."
ReplyDeleteIn the period of time I read the page the posts were the least interesting part of this page.
This feeble post proves my point and makes me happy I'm not going to be subject to it any more.
thanks, leslie k for putting up that set of Walter links in the sidebar. what a nut.
ReplyDeleteOh are you gone now, h_p? That's odd, because you keep commenting.
ReplyDeleteSeriously, is Walt on board?
ReplyDeleteHide the ammunition.
So the clowns running the Universidad de Tejas are a bunch of gold-bugs.
ReplyDeleteCrazzy...