I’m sure Texas is on solid ground Constitution-wise. But they are going up against the Almighty Fed and I just don’t anticipate success.
But, fingers crossed, it could happen I suppose.
Be interesting to see how the Federal Courts lie their way out of this one.
The University of Texas systems already moved gold out of the fed into a private NY warehouse in 2011. This must mean we left some in the fed we plan to go back for which will travel with the gold we already took out?
The University of Texas systems already moved gold out of the fed into a private NY warehouse in 2011. This must mean we left some in the fed we plan to go back for which will travel with the gold we already took out?
No they're not. The New York Fed doesn't have their gold. The New York City branch of HSBC does.