University Of Texas Shifts Gold Exposure [UPDATED] – ValueWalk Premium

University Of Texas Shifts Gold Exposure [UPDATED]

Back in 2011, the University of Texas followed the advice of one of its wealthiest alumni, Kyle Bass. The University increased its holding of gold to $1 billion in gold bars in a New York vault back in April 2011, when gold was trading at $1,486 an ounce. Now the University has begun to convert that stake into gold futures.

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