Skip to comments.
University of Texas Takes Delivery Of $1 Billion In Physical Gold
Zero Hedge ^
| 04/16/2011
| Tyler Durden
Posted on 04/16/2011 5:15:45 PM PDT by The Magical Mischief Tour
click here to read article
Navigation: use the links below to view more comments.
first previous 1-20, 21-40, 41-60, 61-76 next last
To: freekitty
They can own whatever they want.....they do not need to present you with a reason.
41
posted on
04/16/2011 7:06:11 PM PDT
by
Red in Blue PA
(Let's apply the "reasonable man" standard to gun laws. How many would stand?)
To: The Magical Mischief Tour
and promptly paints it burnt orange.
42
posted on
04/16/2011 7:08:59 PM PDT
by
RichInOC
(Palin 2012: The Perfect Storm.)
To: deport
The comments at the article are very informative.
I suspect, or hope - this is actually an add-on: UT already had 500m AU - that the gold will be incrementally stocked in some very secure places around the city soon.
43
posted on
04/16/2011 7:25:35 PM PDT
by
txhurl
To: the invisib1e hand
And what happens to all those pieces of paper folks are holding instead of real gold when the U-Know-What hits the fan? Can’t barter much with a piece of paper...
44
posted on
04/16/2011 7:31:06 PM PDT
by
TheBattman
(They exchanged the truth about God for a lie and worshiped and served the creature...)
To: Mariner
If there's ever a demand for delivery of all the paper gold some very large Wall St firms and mid-sized sovereign funds will collapse. They don't have it. It's been sold, dozens of times. Silver as well - just ask JP Morgan. Comex and PM ETFs are the most laughable creations in financial history.
45
posted on
04/16/2011 7:54:52 PM PDT
by
RobertClark
(On a long enough timeline the survival rate for everyone drops to zero.)
To: mylife
There are no more monster boxes of silver left to buy. Very true. But....for spot plus 75%, I'll sell you as many as you would like. Supply an demand is a Bi$%h.
46
posted on
04/16/2011 7:57:49 PM PDT
by
RobertClark
(On a long enough timeline the survival rate for everyone drops to zero.)
To: xzins
I agree. Gold has properties that make it a good conductor and some other industrial applications. It also makes nice looking jewelry that doesn’t corrode. Platinum does the same.
However, neither metal, in and of itself, has any distinguishing property to make it more valuable than any other item of similar characteristics. Its value is based solely on people’s desire to posses it.
Money is a medium of exchange that represents work. Whether its wampum, seashells, gold, or US dollars, the only value it has is that people agree to use it in exchange for work.
While the US dollar and economy are under very serious pressures, there is no reason to chicken little the situation and demand gold be the silver bullet </very bad pun>.
Remain calm, demand a significant decrease in government spending, and keep working. Spend and save prudently.
To: The Magical Mischief Tour
48
posted on
04/16/2011 9:48:05 PM PDT
by
matthew fuller
(TRUMP RESONATES WITH AMERICANS, INDEPENDENTS, and PATRIOTS!)
To: wmfights
"Only the real big players actually have possession of it. "And what exactly stops you or me from buying American Eagles, Canadian Maple Leafs, or Kruggerands...(etc)?
49
posted on
04/16/2011 9:54:46 PM PDT
by
matthew fuller
(TRUMP RESONATES WITH AMERICANS, INDEPENDENTS, and PATRIOTS!)
To: jiggyboy; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; Jet Jaguar; ...
To: Brilliant
And counterfeited. How does that work? If I can make my own gold in meaningful quantity, I'm undoubtedly rich enough not to need to.
51
posted on
04/17/2011 12:42:15 AM PDT
by
cynwoody
To: Leisler
How many divisions does UT have? None. But it does lie within the boundaries of the once, and possibly future, Republic of Texas.
52
posted on
04/17/2011 12:45:00 AM PDT
by
cynwoody
To: txhurl
Looks like Perrys going to be minting some state coin? Well, well. We may have The Republic of Texas returning. I'm all for that.
53
posted on
04/17/2011 4:27:57 AM PDT
by
Arrowhead1952
(TX and MI - When the going gets tough, the dims run and hide.)
To: hinckley buzzard
The event follows the Pimco Treasury sell off. It reinforces the disdain and faith in the US Government securities.
It undoubtedly further pisses off the Obama regime already irritated with a successful Texas.
54
posted on
04/17/2011 4:44:13 AM PDT
by
bert
(K.E. N.P. N.C. D.E. +12 ....( History is a process, not an event ))
To: Leisler
It has the best of the best armored divisions at El Paso
55
posted on
04/17/2011 4:46:33 AM PDT
by
bert
(K.E. N.P. N.C. D.E. +12 ....( History is a process, not an event ))
To: The Magical Mischief Tour
After a little research here is who many barrels of oil one ounce of gold bought trough the years:
Year Barrels of Oil
1947 16.07
1972 16.23
1980 16.44
1990 16.54
1997 17.76
1999 16.85
2010 17.20
56
posted on
04/17/2011 5:53:18 AM PDT
by
Mikey_1962
(Obama: The Affirmative Action President. He's shovel ready!)
To: null and void
Black gold, Texas *T*, has made the system what it is today.
57
posted on
04/17/2011 6:23:43 AM PDT
by
wolfcreek
(http://www.youtube.com/watch?v=Lsd7DGqVSIc)
To: cynwoody
Take a bar of tungsten and plate it with gold.
To: Jet Jaguar
Please add me to the GoldBug ping list. Thanks!
59
posted on
04/17/2011 6:52:38 AM PDT
by
birddog
To: taxtruth
I’ll bet that the gold will shortly be moving to Texas.
60
posted on
04/17/2011 6:53:55 AM PDT
by
birddog
Navigation: use the links below to view more comments.
first previous 1-20, 21-40, 41-60, 61-76 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson