This will convince a lot of people, from mums and dads to managed funds, to follow suit? I note U of Texas manages a 20billion fund. I liek this quote from Kyle Bass on the zero hedge site..
?Central banks are printing more money than they ever have, so what?s the value of money in terms of purchases of goods and services,? Bass said yesterday in a telephone interview. ?I look at gold as just another currency that they can?t print any more of.?