Texas University Endowment Storing About $1 Billion in Gold Bars

OK, where are all the people that called me stupid, reckless, dumb, and crazy two years ago?

http://www.bloomberg.com/news/2011-04-15/texas-university-endowment-holds-almost-1-billion-in-gold-bars.html

My next prediction:  the University of Texas endowment fund will surpass Harvard's within the next few years.  Why?  Gold vs. derivatives.  Physical vs. paper.  Tangible assets vs. USDollar.  No contest.

By the way, I blogged about this last August, 2010:  <click here>.  Gold is up 30% since then, while silver has almost tripled, leaping almost 200%.