Texas Building New Facility To Store Gold Reserves Out of Reach of Federal Confiscation or Seizure

Conservative Refocus ^ | 6/17/2015 | Tom Boggioni

[Dr. Bogus Pachysandra]

This could get interesting!

[mongo141]

Good for Texas!

[SatinDoll]

Ridiculous.

There is no gold.

[PGR88]

Well done Texas.

Our present financial system is the foundation of progressive-left government. Printed money, monetized government debt, manipulated interest rates - all mean that government never needs to say “no” to any leftist social-engineering or political scheme. its why government is a natural base for leftists.

[humblegunner]

There is no gold.

Actually, the existence of gold has been documented for thousands of years.

I suggest that your information may be out of date.

[TEXOKIE]

You may be right! If so, perhaps this move will flush out that fact!

[Veggie Todd]

A step towards succession?

[Veggie Todd]

Oops. I meant secession. I could blame it on auto-correct, but nope, it was me.

[2harddrive]

I would be SURPRISED to have it CONFIRMED that the State of Texas owned more than a negligible amount of gold bullion, and I would think they’d have NONE at the Federal Reserve!

[tennmountainman]

Whoever has Texas Gold will issue IOU’s, but no gold.

[Buckeye McFrog]

Like the Germans, they will find that their gold is [ahem] mysteriously missing.

[odawg]

That is funny.

[InterceptPoint]

Somewhere, somehow there is a judge who will, for reasons unknown and never to be explained, manage to find the State of Texas in violation of, if not the law then something else very important.

Texas will never even get to see that gold let alone have it returned to them.

You read it here first.

[SatinDoll]

OK.

There is no gold stored in vaults in NYC. Germany wasn’t able to get any, the same for Texas.

[Spktyr]

That’s one of the points. Texas will ask for our gold and the lack of gold will eventually be exposed.

[MrB]

I hope they succeed.

They might even be thinking about secession as well.

[MrB]

Germany asked for its gold back and had it quietly explained to them that they wouldn’t be getting it,
and also what the consequences would be if they
pursued the issue any further.

They tucked tail and shut up.

[Charles Martel]

Like the Germans, they will find that their gold is [ahem] mysteriously missing.

Or substantially replaced by tungsten.

[conservatism_IS_compassion]

“No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.”