Beam Me Up Scotty. The funniest line in any news article this week.

Red State ^ | July 5th, 2015 | Erick Erickson

[xzins]

Pretty funny.

More important to me is why Texas is doing this. Something's afoot in the economy, and they know about it. Of course, it could just be about having their hands on their gold. After what Greek banks have done with Greek bank accounts, I'm tempted to hide my cash in a treasure chest under a big X.

But, why now, Texas?

Fed bankers
inflation comin'
We're finally on the road
This crisis I see a comin'
banks dead in Ohio
banks dead in Idaho
banks dead New Mexico

[gaijin]

The news story we HAVE NOT heard:

Germany getting THEIR gold back.

CRICKETS.

[xzins]

Aren’t you an economic guru? I think I remember that from some place.

What other motive could Texas have besides just getting control of their own gold?

[xzins]

From whom? US...Ft Knox?

[hosepipe]

FIAT currency is just paper..

[xzins]

would you call 25 square ‘feet’ of gold ‘flat currency’? :>)

[WKTimpco]

What about secession?

[hosepipe]

NO.. would you..

gold is tangible, paper is just paper..

[LukeL]

Doing the math that is about 420 million dollars worth.

[Bryan24]

How about 25 cubic feet? 25 square feet could be 1/10 of an inch thick.

[ClearCase_guy]

As I remember, Germany told the US Federal Reserve: "We want our gold back. We don't want it held in NYC -- we want to hold it ourselves, in Germany."

And the Fed said: "No. You can't have it. We'll store it for you."

And Germany said: "Ummmmmmm. Errrrrrrr. Okay. I guess."

I consider that worrisome. My guess is that the gold is in China.

[C. Edmund Wright]

tell me more about Germany...

[xzins]

And scarily, it is only about 2.9 feet wide, 2.9 feet deep, and 2.9 feet high. It would fit in the trunk of my car.

[xzins]

Secession would be handled much differently than in Lincoln’s day. I wonder what would happen if independent status were filed with the UN or world court or some other such body. I think they’d be glad to participate in the piecemealing of America. That said, I’m sure Texas is one state that WOULD be able to make it on their own.

[Sasparilla]

I read somewhere that the gold amount that they have is closer to $750 million.
I wonder what other states have a gold stockpile somewhere.

[xzins]

post 5 was humor...it said fLat currency. As in ‘the top of my table is flat.’

Apparently, though, it wasn’t very humorous. :>)

[xzins]

1/10....or less

[TheCipher]

It’s unclear whether repatriating it could be done with an electronic transfer

Lest we forget, AP reporters are geniuses. This one has single handedly figured out teleportation.

[piytar]

Typical no-clue journalist.

It is just under 6,000 bars of gold worth a bit under $700M. And it would fit on one or two semis.

[Sasparilla]

.... It would fit in the trunk of my car...

But, don’t get any ideas. I don’t think your suspension can handle it. Maybe a 6X6 military truck.