Texas establishes own gold depository independent of Federal Reserve

"Texas is planning to build its own state-controlled depository and wants its gold back from New York State. The Lone Star state will repatriate its $1 billion in gold bullion.

Texas Governor Greg Abbott signed House Bill 483 into law last Friday."

[Less than 50%, more info on the article]
[link to rt.com]

A risky move from Texas??? or just some smoke to divert attention from other things??