|
Texas to re-patriate state-owned gold from NY & to build its own Fort Knox
12 June 2015: The governor of Texas signed House Bill 483 to establish a state gold bullion depository administered by the Office of the Comptroller. The law will repatriate $1 billion of gold bullion from the Federal Reserve in New York to Texas. Gov's statement: Today I signed HB 483 to provide a secure facility for the State of Texas, state agencies and Texas citizens to store gold bullion and other precious metals. With the passage of this bill, the Texas Bullion Depository will become the first state-level facility of its kind in the nation, increasing the security and stability of our gold reserves and keeping taxpayer funds from leaving Texas to pay for fees to store gold in facilities outside our state. Posted by: Anguper Hupomosing9418 2015-06-14 |
| http://www.rantburg.com/poparticle.php?ID=420538 |