Fuel to the discussion.
Pick your own source...
http://www.google.com/search?q=unive...2efe5d17bcbf1e
http://www.fool.com/investing/genera...beginning.aspx
The University of Texas' endowment made waves this week when it revealed a move to take physical delivery of 664,300 ounces of gold bullion. At $1,500 per ounce, that stash is worth nearly $1 billion, or about 5% of the endowment's total assets.
Keep in mind: the announcement made headlines because it remains patently uncommon for large-scale institutional investors to approach anything in the neighborhood of a 5% allocation to gold. As the metal continues its advance toward $2,000 and beyond, you can bet that additional big-money players will climb aboard in similar fashion; but to date these remain the exception rather than the rule.
Most are out priced by now, your best bets are some of the stocks if you want to invest in this sector.