Standard bars of gold for trading weigh in at 400 troy oz’s.....if it is costing Texas 108 dollars a bar to house the gold or 605 thousand a year...then they have 5601.85 bars....(assuming 99.5 per cent purity) Texas gold’s worth is over 2 billion dollars at current valuation per ounce. I could see why Texas would want their gold back...plus why should the state want to pay a NY firm 605 thousand of Texas’ money that could be put to use in Texas’ economy?
Well said.