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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: DoodleDawg

Did I say the Fed? OH, I get it, was from the article.

Ft Knox is the Fed Gold depository.

It looks like the author did not know that.

Well, if Turkey took 19 tons of gold from some US bank I bet the security was super tight.


32 posted on 05/27/2018 2:45:14 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: DoodleDawg
I re-read the article. It is confusing.

BZ Basel said the Bank for International Settlements in Basel, which is officially extraterritorial, with not even Swiss police being able to enter, had taken the shipment from Fort Knox.

35 posted on 05/27/2018 2:49:31 PM PDT by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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