{"id":27250,"date":"2012-02-03T09:39:04","date_gmt":"2012-02-03T14:39:04","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=27250"},"modified":"2012-02-03T09:39:04","modified_gmt":"2012-02-03T14:39:04","slug":"kyle-bass-urges-texas-fund-to-hold-gold-hedge-as-assets-shrink","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2012\/kyle-bass-urges-texas-fund-to-hold-gold-hedge-as-assets-shrink.html","title":{"rendered":"Kyle Bass Urges Texas Fund to Hold Gold Hedge as Assets Shrink"},"content":{"rendered":"<p>Bloomberg &#8211; Kyle Bass, the Dallas hedge-fund manager, urged overseers of Texas&#8217;s state university endowment, the second-largest U.S. college fund, to stick with a $1 billion investment in gold bullion even as the fund&#8217;s assets decline.<\/p>\n<p>&#8220;I&#8217;m against selling any of the gold,&#8221; Bass said today at a meeting of fund directors in Austin, citing the need for a hedge against mounting risks driven by government deficits in the U.S. and Europe. &#8220;As every day goes by, I see deflation in the things you own and inflation in the things you need.&#8221;<\/p>\n<p><a href=\"http:\/\/www.sfgate.com\/cgi-bin\/article.cgi?f=\/g\/a\/2012\/02\/02\/bloomberg_articlesLYS3HD07SXKX01-LYSBI.DTL\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Kyle Bass, the Dallas hedge-fund manager, urged overseers of Texas&#8217;s state university endowment, the second-largest U.S. college fund, to stick with a $1 billion investment in gold bullion even as the fund&#8217;s assets decline. &#8220;I&#8217;m against selling any [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27250","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=27250"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27250\/revisions"}],"predecessor-version":[{"id":27252,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27250\/revisions\/27252"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=27250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=27250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=27250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}