I recently spent a couple of days in Austin, at the University of Texas (UT), attending a conference on oil, natural gas and energy issues. Incidentally, though, the first thing that grabbed my attention was gold! That is, UT’s endowment holds 664,300 ounces of solid, physical gold… According to Kyle Bass, one of the directors of the UT endowment fund, “Central banks are printing more money than they ever have, so what’s the value of [...] A Trip To Texas: Gold & Black Gold! appeared in the Daily Reckoning . Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter .