Posted on 05/30/2016 7:23:51 PM PDT by 2ndDivisionVet
Interesting...
http://www.freerepublic.com/focus/f-news/3301275/posts
Texas Building New Facility To Store Gold Reserves Out of
Reach of Federal Confiscation or Seizure ^
67 comments
http://www.freerepublic.com/focus/f-news/3300204/posts
BREAKING: Texas Signs Bill to Get GOLD from Fed ^
75 comments
http://www.freerepublic.com/focus/f-news/3299938/posts
Writing’s On The Wall: Texas Pulls $1 Billion In Gold From NY Fed,
Makes It “Non-Confiscatable” ^
78 comments
If, in the event of economic collapse, the gold is used to feed the EBT masses, then I wholly disapprove of the policy.
This asset should be used to help productive, working people, not parasites.
There is a certain class of people who are simply black holes: you give them food, clothing, money, but it disappears and nothing ever comes from our sacrifice. I want those people to experience “The Great Reset” of our society.
It won’t be pleasant for them, but tough titties.
Yeah, that’s what I mean. The bastards in the fed have stolen it.
Gold belonging to the University of Texas is in a rented vault at a private commercial bank, not the Federal Reserve. The Fed location was erroneously reported by an initial press release from the State of Texas, and has been constantly reported erroneously since.
Secure Manhattan storage space is very expensive. Texas can store it much cheaper.
bttt for later... again!
recover the gold that it has stored in New York vaults
Who’s going to make NY give it back?
Good thing for states to do. I said just about a decade ago, that if we were to survive, it would be up to the states. Stand up to Fedzilla and stop letting them rule over that for which there is no constitutional authority.
Also insure that the state is healthy financially, not dependent on Federal Funds with strings attached, and this sounds like an excellent thing too.
Problem is, I can’t afford Gold. My grand parents used to have a supply of silver dollars under the floor boards. Grandpa would give me one every year for my birthday. He called it a big nickel when I was about 6 years old.
Roosevelt did it with Gold. The Feds “confiscated” the Gold. Devalued the dollar by about 40% IIRC, and people had no Gold to hedge against it.
Not everyone turned it in. Not sure what the enforcement effort was.
UPDATE
https://www.texastribune.org/2017/06/14/texas-taps-private-vendor-first-gold-bullion-depository/
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