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Alt 19.04.2011, 22:39   #8188
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von Ed Steer:

Texas gold buy will encourage other institutions, Hathaway tells Bloomberg TV

I received more stories about the University of Texas' endowment fund taking physical delivery of its gold, than any other story that I have ever posted in this column.

Washington state reader S.A. was the first person through the door with this Bloomberg interview, but I'm going to post the GATA release on it, as Chris Powell has already done the heavy lifting for me.

Powell's preamble is a must read...and the Bloomberg TV interview is a must watch...and the link is here.

And in case you missed the original Bloomberg story headlined "Gold-Shortage Threat Drives Texas School's Hoarding 664,000 Ounces at HSBC"...that link is here...and it, too, is a must read.

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