Users Online Now:
2,082
(
Who's On?
)
Visitors Today:
900,166
Pageviews Today:
1,194,423
Threads Today:
295
Posts Today:
4,568
09:58 AM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
TEXAS BULLION DEPOSITORY: GOLD BACKED BANK to be COMPLETED Next year
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 70353375:MV8zMTg4NTY5XzU2OTY0ODk4XzEyMjU2MkU2] The gold being held in New York vaults will never be seen again. Probably sold to China a long time ago. They'll have to settle for an IOU. [/quote]
Original Message
TEXAS BULLION DEPOSITORY: GOLD BACKED BANK to be COMPLETED Next year
The Daily Sheeple ^ | May 18, 2016 | Joshua Krause
Last year Texas Governor Gregg Abbott signed HB 483, allowing the creation of the Texas Gold Depository. “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,” he said last June.
This gold bank would allow Texas to recover the gold that it has stored in New York vaults, and give Texan citizens and institutions a chance to store their gold in the facility, and open checking and savings accounts that would be valued in gold rather than dollars. This even opens the possibility of making gold transactions electronically for the very first time.
Very interesting comments at :
[
link to www.freerepublic.com
]
Tennessee has voted to do the same thing. Others will follow.
Maybe this is why Abbot is so confident in telling the Feds where to stick obungholes decrees for pervision. Texas and other states will just stop sending money back to the Feds. Only a portion of the taxes collected in the heartland are returned. A disporportionate amount goes to the big population centers where the majority of takers live.
Starve the Fed.
Careful - the last government to try that in opposition to the Feds was Libya.
If democrats are in power at the time of a financial collapse I believe they would outlaw the possession of gold and silver in any significant amount and make it a crime to buy, sell or barter with gold and silver.
Been there, done that. FDR's EO 6012
We DON't Have to repeat History....if we KNOW IT !
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>