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Subject TEXAS BULLION DEPOSITORY: GOLD BACKED BANK to be COMPLETED Next year

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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 !

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