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Leander Chosen as Site for Texas Bullion Depository
US News ^

Posted on 11/03/2017 2:14:27 PM PDT by ameribbean expat

AUSTIN, Texas (AP) — An Austin-area city will be home to the Texas Bullion Depository with construction expected to begin early next year.

Texas Comptroller Glenn Hegar on Friday announced the site will be in Leander (lee-AND'-ehr), about 20 miles (32 kilometers) north of Austin. The exact location hasn't been revealed for security reasons.

Hegar in June announced Lone Star Tangible Assets of Austin was selected to build and operate the depository.

The 2015 Legislature approved a plan to start keeping the state's gold holdings within its own borders, instead of in an underground vault at a New York City bank.

Officials haven't said how much Texas gold will be stored at the new facility.


TOPICS: Business/Economy; Constitution/Conservatism; US: Texas
KEYWORDS: gold; secession; texas
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To: smokingfrog

Looks like the official Texas Bullion Gold Coin.

It’s $1200 or so, if you can get it...


21 posted on 11/03/2017 5:46:13 PM PDT by WildHighlander57 ((WildHighlander57, returning after lurking since 2000)
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To: LUV W

I like the centennial half dollars. A really nice design and usually not too expensive.
http://www.ebay.com/bhp/texas-half-dollar

Uncirculated can go for quite a bit of money, but those are more for the serious collector.


22 posted on 11/03/2017 5:56:18 PM PDT by smokingfrog ( sleep with one eye open (<o> ---)
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To: smokingfrog

Those are pretty, too!


23 posted on 11/03/2017 6:09:54 PM PDT by luvie (Our troops are the best of the best and we should honor them EVERY day!)
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To: WildHighlander57

Why is it dated 1987 I wonder?


24 posted on 11/03/2017 6:41:21 PM PDT by smokingfrog ( sleep with one eye open (<o> ---)
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To: MeganC

I think I read that they have moved or sold and replaced most of it. Stored in already secure facilities. Private ones.


25 posted on 11/03/2017 9:09:05 PM PDT by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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To: ameribbean expat
"...about 20 miles (32 kilometers)..."

Why does US News find it necessary to convert miles to kilometers in a story intended for an American audience?

26 posted on 11/04/2017 9:37:59 AM PDT by Windflier (Pitchforks and torches ripen on the vine. Left too long, they become black rifles.)
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To: PGR88; bgill; beergarden
Indeed. All of the several states would be well advised to physically control their sovereign treasure within their respective borders.

As an old-timer who lived through FDR's gold confiscation once told me: “If you don't have it in your hand, someone else has it!”

27 posted on 11/04/2017 1:03:42 PM PDT by DakotaGator (Weep for the lost Republic! And keep your powder dry!!)
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To: ameribbean expat

https://www.texastribune.org/2018/06/06/gold-depository-texas-bullion-glenn-hegar-precious-metals/amp/?__twitter_impression=true


28 posted on 06/08/2018 9:25:55 PM PDT by WildHighlander57 ((WildHighlander57, returning after lurking since 2000)
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