Texas Pulls $1 Billion In Gold From NY Fed, Makes It "Non-Confiscatable"

[jeff of pa]

The lack of faith in central bank trustworthiness is spreading. First Germany, then Holland, and Austria, and now - Texas has enacted a Bill to repatriate $1 billion of gold from The NY Fed's vaults to a newly established state gold bullion depository..."People have this image of Texas as big and powerful … so for a lot of people, this is exactly where they would want to go with their gold," and the Bill includes a section to prevent forced seizure from the Federal Government.

http://www.zerohedge.com/news/2015-...illion-gold-ny-fed-makes-it-non-confiscatable

 

[austin]

We needed to cover the "Lone Star Cards" for our new immigrants...

 

[Marchas45]

Jeff by the time they build that vault the gold will be long gone but it probably is already. LMAO

 

[jeff of pa]

Jeff by the time they build that vault the gold will be long gone but it probably is already. LMAO

Haha Yes ! I can also imagine the Price Tag to Build it.
and the years of $$$ necessary to transport it all to Texas
with the over exaggerated security precautions