is going fall on the session it's the max in this next headline texas university takes cue from kyle bass to hold one billion dollars in gold bars so the university of texas has the second largest and down it fund of any u.s. university the number one being harvard they have nineteen point nine billion in their fund and last year they added another five hundred million in gold holdings to their already five hundred million worth and they took physical delivery it's being held at h.s.b.c. in new york it's physical cold they took they didn't take g.l.d. or any of these e.t.s or paper gold you know who are the best family the vast family they are super wealthy they've been riding the ball for decades been writing the take out bull the leveraged buyout ball but the all the rallies that we've seen in stocks bonds over the past thirty years you know the vast families amassed a huge fortune playing. in the game now they realize that the game now is gold now what's significant is that up until recently no institutional players have stepped into the gold market there's no big university endowments