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To: SeeSharp

I’ve not heard anything about it, but Texas did. I think they actually sold it in NY and arranged to take it from somewhere delivered in Texas. Anyway, Texas has their own Gold depository.


7 posted on 05/27/2018 2:10:06 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: Texas Fossil
I’ve not heard anything about it, but Texas did. I think they actually sold it in NY and arranged to take it from somewhere delivered in Texas. Anyway, Texas has their own Gold depository.

The Texas gold was held at commercial banks in New York City, and it was costing them a fair amount per bar every year. The Fed doesn't store gold for U.S. states or organizations.

27 posted on 05/27/2018 2:33:57 PM PDT by DoodleDawg
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To: Texas Fossil

Re: “Texas has their own Gold depository.”

As I recall, Texas is one of several states that accepts gold as legal tender - for state taxes and state bills, anyway.


52 posted on 05/27/2018 3:25:17 PM PDT by zeestephen
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