To: The Magical Mischief Tour
Somewhere between 200-300 tons-- a routine annual transaction for central banks. Sorry but I'm not panicking.
To: hinckley buzzard
But the University of Texas is not a central bank. And university trustees tend to be very conservative. So this is certainly a significant event.
If other boards of trustees start doing the same thing, it could add up pretty quickly.
6 posted on
04/16/2011 5:31:54 PM PDT by
Cicero
To: hinckley buzzard
Just how long has the University of Texas been a central bank?
I missed that memo.
8 posted on
04/16/2011 5:32:27 PM PDT by
null and void
(We are now in day 814 of our national holiday from reality. - That 3 AM phone call? Voicemail...)
To: hinckley buzzard
It’s not huge. If others follow suit, though - and they will - it will become huge. It’s called a cascade effect in some circles, and this could be the start...
14 posted on
04/16/2011 6:00:55 PM PDT by
piytar
(Godwin's rule is null and void. If you don't know what I mean, you aren't paying attention...)
To: hinckley buzzard
There are no more monster boxes of silver left to buy.
It’s getting bad out there
20 posted on
04/16/2011 6:09:46 PM PDT by
mylife
To: hinckley buzzard
Somewhere between 200-300 tons—
6,643 bars of bullion, or 664,300 ounces
26 posted on
04/16/2011 6:35:33 PM PDT by
deport
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 ))
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