fasteddy wrote:A few years back UT bought alot of gold for their endowment fund...They are down $300 million currently. Ouch. But probably a drop in the bucket dollar wise.
fasteddy wrote:A few years back UT bought alot of gold for their endowment fund...They are down $300 million currently. Ouch. But probably a drop in the bucket dollar wise.
68Camaro wrote:I don't believe they're down at all, much less $300M. The reveal that they had it was in 2011 when gold was $1486, and they already had it then. Another article said their average buy price was $1150/toz, so they're still sitting just fine, best as I know.
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