UT Endowment bought $1 Billion worth of Gold Bullion. That's the real thing baby. The Sooners/Aggies/Cowboys can fight about who's piddly ring looks better--UT just stock piled more gold than they can imagine.
Experts are saying this is a long term investment. Can you imagine what that much gold must look like? And, where the hell are we going to store it? I hope it is in a glass museum vault because it would be very cool to see. Likely it will be stored in various places for safety, but the idea of it in one spot is cool.