On the Kingworld News site there is a blip about the fact that Texas U bought about 1 billion in gold bars. As reported there.....

"Pierre Lassonde continues:

“We would expect many others to follow as they are basically lemmings directed by the many consultants who 10 years ago told them not to bother with gold at $250 an ounce, but can’t wait to get them in at $1,400 an ounce! God bless, this gold market is going higher.”

Because Pierre is connected at the highest levels he has always been without question the best Chairman and CEO at predicting directional movements in the gold price. I take very seriously that Pierre is saying this will bring serious fund flows into the gold sector. My guess is many of these institutions will not only want physical gold, but will eventually make their way into the equities as well

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/4/16_Pierre_Lassonde_-_Texas_University_Buys_$1_Billion_of_Gold_Bars.html