Texas Bullion Depository?

Greetings...

A Gold depository could soon be on its way to Texas - http://www.star-telegram.com/news/po...e77795702.html

Personally I think this would be a great move for the State of Texas. You hear about other Countries repatriating their Gold from the Federal Reserve. The University of Texas has over half a billion in gold they want to bring home so why not? Perhaps I am biased in my opinion as a Texan so I'm interested to hear what other members have to say on this subject?

Thank you in advance.

Rich.

This seems like a fine Time for Ponce's most famous quote!

;D

Sent from my Nexus 7 using Forum runner

Texas could greatly benefit from something like this, I agree with you it is a good idea!

Texas would greatly benefit from something like this, I agree with you!

One question; Where is Texas' gold?

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Originally Posted by monty

One question; Where is Texas' gold?

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Teeth ?

$1 billion in gold bars that are owned by the University of Texas Investment Management Co. and are now housed at the Hong Kong and Shanghai Bank in New York. - http://www.cbsnews.com/news/texas-la...deral-reserve/

:cool:

Here is the latest update on the Texas Bullion Depository that I have found for anyone like me who is interested about the proposal - https://www.victoriaadvocate.com/new...tory-contract/

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Originally Posted by MadInvestr

Here is the latest update on the Texas Bullion Depository that I have found for anyone like me who is interested about the proposal - https://www.victoriaadvocate.com/new...tory-contract/

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MadInvestr, What are your views on Milos dangerous faggot tour?

Humm !

http://www.forbes.com/sites/robertle.../#fac26f232df3

and more

http://www.politifact.com/texas/statements/2015/jun/26/greg-abbott/greg-abbott-says-1-billion-gold-bullion-headed-tex/

plus

http://www.pbs.org/newshour/rundown/...nts-gold-back/

sounds like a good start to a state bank that thumbs its nose at nyc for funding public projects

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Originally Posted by ximmy

MadInvestr, What are your views on Milos dangerous faggot tour?

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I fail to see how an Eddie Izzard rip off has anything to do with the Texas Bullion Depository proposal but thanks anyway!???

I suspect the Texas gold is not in HSBC in New York, but you might find it somewhere in China.

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Originally Posted by monty

I suspect the Texas gold is not in HSBC in New York, but you might find it somewhere in China.

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I guess thats half the reason why Texas are interested in trying to get it back! ha

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Originally Posted by Luriya

Texas could greatly benefit from something like this, I agree with you it is a good idea!

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The more I read about this the more I like the sound of it.... First, the depository will cost taxpayers nothing. Zero. The fact that no fiscal note was attached to the bill was the primary reason the bill passed almost unanimously in the House (140-1) and Senate (29-2).

Furthermore, the depository will generate revenue for the state from operations. Since the facility will be funded privately, an additional $20-plus million will be invested into the Texas market, along with at least 50 new jobs. -

Texas Depository is golden opportunity - https://www.victoriaadvocate.com/new...n-opportunity/

Major step forward

Big Step Forward for Sound Money: Texas Picks Company to Run Bullion Depository


You are here:

AUSTIN, Texas (June 21, 2017) – The Texas bullion depository took a major step closer to reality last week when officials formally announced the private vendor that will run the facility. The creation of a state bullion depository in Texas represents a power shift away from the federal government to the state, and it provides a blueprint that could ultimately end the Fed.

Read more:
http://blog.tenthamendmentcenter.com...on-depository/