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Texas Wants Its Gold Back From The Fed
Submitted by Michael Krieger of Liberty Blitzkrieg blog,
Texas Moves to Repatriate its Gold from the Federal Reserve
This is one of the most interesting stories I have read regarding the precious metals market in quite some time. It appears that Texas Rep. Giovanni Capriglione has a bill in play that would move the state’s gold from New York (where its under the “safekeeping” of the ultra shady Federal Reserve) to a depository within the state of Texas itself. The reason this would be such a big deal if it happens, is because a lot of the gold bought and sold globally is not very likely not actually owned by those that “buy” it. From my perspective, pretty much the only countries that actually buy gold and bring it within their borders are China, Russia and Iran. Most other nations that claim they “bought” gold, most likely hold a certificate that states they have gold in London or New York. So in other words, they have no gold. It looks like Texas is wising up.
From the Star-Telegram:
Freshman Rep. Giovanni Capriglione, R-Southlake, is carrying a bill that would establish the Texas Bullion Depository, a secure state-based bank to house $1 billion worth of gold bars owned by the University of Texas Investment Management Co., or UTIMCO, and stored by the Federal Reserve.
“If you think gold is a hedge, or a protection, you always want it as close to the individual and the entity as possible,” Paul told The Texas Tribune on Thursday.” Texas is better served if it knows exactly where the gold is rather than depending on the security of the Federal Reserve.”
You’ve gotta love Ron Paul. The guy is still raising hell even after he left Congress.
The highly political Governor also appears to be on board…
“If we own it,” Perry said, “I will suggest to you that that’s not someone else’s determination whether we can take possession of it back or not.”
“We don’t want just the certificates. We want our gold. And if you’re the state of Texas, you should be able to get your gold.”
Come on Rick, that sounds like terrorist talk.
The United States and many other countries stopped pegging their currencies to the gold standard decades ago. Capriglione said the bill is not about putting Texas on its own gold standard. Rather, a depository would give the state a reputation as being more financially secure in the event of a financial crisis.
Transporting gold from New York City or other banks to Texas would be impractical from a security and logistics standpoint, Capriglione said.
Ok, that’s just weird. Gold is shipped all over the world every single day. This isn’t even an international shipment. My guess is that the Fed has already made it clear they will not be sending any gold to Texas.
He believes that it makes more sense to sell the gold that Texas has elsewhere and repurchase it within state lines.
He said the measure wouldn’t pose a significant expense, because the gold bars could be safeguarded in a small area, no bigger than 20 square feet.
Again, if that’s all it is what’s so hard about shipping it?
Such a bill might not divide lawmakers strictly along party lines. Sen. Rodney Ellis, D-Houston, called it “an interesting concept” but said he wants to learn more about it and talk to “colleagues in the financial industry” before weighing in on its merits.
Great idea Rodney, because taking advice from Wall Street leads to such favorable outcomes.Full article here.
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"Janet N of the Department of Homeland Security has millions of rounds of hollow point ammo to use for clamping down on the Texans."
So you're saying she's fucked then...
Actually, from the looks of that lesbionic cow-faced mass of seething authoritarian pimplepus, I highly doubt that she has EVER been fucked.
You know....there is enough beer in Texas to even get that shit laid.
DHS may try to come down here and lay down the law, but I can guarantee they won't find a bunch of people fighting back with scissors.
I would suspect that Mexico would weigh in on Texas's side in that fight as well.
or, the cia will geeenlight the sinaloa cartel to move in and destablize the region, causing a state of emergency, clearing the way for the army to roll in to restore order.
Here is a map showing the number of gun owners in Texas
http://beforeitsnews.com/opinion-conservative/2013/01/how-many-gun-owners-are-there-in-texas-2554586.html
We have lots of ammo as well and millions of firearms to defend ourselves. Now if we can just get the boys up at Fort Hood to back us with a few M1's and we grab a few of the F35's being built in Dallas we might hold our own against her.
F35 is a piece of shit. Think sequel to the F111 Twernt. (As in: twernt a good bomber and twernt a good fighter either.)
Texas ANG has F16's, though.
Rick Perry to spearhead gold backed currency and contend with Rand in 2016.
It might be part of the preparations for secession:
http://www.rawstory.com/rs/2013/03/22/texas-takes-step-toward-secession-...
Exactly.
Perry has already tipped his hand regarding secession - he & Texas are moving in that direction, without a doubt.
The reason this Bill is not pushing for delivery/transport is obvious - the Fed will never deliver the physical. This Texas legislator is already one step ahead... sell the certificates and buy the Au within state lines.... much easier and much faster than getting the Fed to pony-up the physical. Not sure why the author of this article can't see this very obvious point... does he really think the Fed is somehow obligated to delivery Au to it's owners? They're seizing private (fiat) assets in Cyprus but the Fed is going to deliver Au to certificate holders? The rule of law has been thrown out the window - act accordingly, as Texas is clearing doing now.
Utah has legitimized Au/Ag as money, Arizona is doing the same. Texas is moving towards a gold-backed state bank. North Dakota has a terrific state bank structure in place... it's becoming very clear where/how the 'battle' lines are being drawn... many (western) states are preparing for sovereignty because the "Federal" level of government in the US is failing at an alarming rate.
Anyone waiting for this news in the MSM will be hearing too little, too late.
The rest of the South would fall like a domino chain if that happened, Texas sould stretch to the middle of Virginia and Florida within a year or two.
Rick Perry: http://www.youtube.com/watch?v=jYmn3Gwn3oI
http://www.youtube.com/watch?v=NZlGPhntPaU
Rick should also order more ammo to fight Janet Napolitano's liberal goon squad.
Will they move it by rail or armored car? Inquiring minds want to know. :)
Maybe they'll build a subway rail line between the JP Morgan vault & Austin [that's closed to the public on Sundays]...
If the Fed drags their feet long enough, they will be able to ship $1 billion worth in physical gold in a Fedex envelope. Problem solved.
I say they dig up Davy Corckett and Sam Houston and get them to take it by wagon train down to the Alamo.
"If the Fed drags their feet long enough, they will be able to ship $1 billion worth in physical gold in a Fedex envelope. Problem solved."
First they will get them to settle in cash, maybe give them 1.1 or 1.2 billion back. Then they will devalue the dollar ala 1933, and you might be exactly right.
LOL
I remember when that was announced... living in London at the time...
Nobody had a clue as to why that particular line/path was needed.
Like not a priority.
Just sayin'
PS "Jubilee" line. Like as in debt Jubilee.
Amazing how we're told about this shit in front.
Somebody has one twisted sense of humor.
No, by boat, with a very weak hull.
Damn! This slope sure has gotten slippery.
Texas is much closer to New York than Germany is, so they should have it in 2 or 3 years. I'm glad I already have mine.
You have gold? What's the matter, no boat yet?
Edit: I saw a little plastic kayak at Menard's for about a hundred bucks. It should carry several hundred ounces of PMs safely.
This article seems bullish for Ukrainian singles.
"He believes that it makes more sense to sell the gold that Texas has elsewhere and repurchase it within state lines."
Germany should consider this approach cause it ain't getting it back otherwise.
Actually thats not a bad idea at all, if you want to actually accumulate physical gold. But where would Germany, or Texas for that matter, find that much gold within its borders? If they don't have a gold mine, they would have to buy it from their citizens, or steal it.
Come on, there's a "Cash for Gold" place on every corner. Surely that adds up to ten or twelve ounces a day. At that rate...damn, it's going to take a while, I fear.
Burritos for Gold
its not like they have a shortage on beef.
I will sell them a few ounces and even store it for them in my ultra-secure sailboat.
$1 billion worth of gold can be bought in Texas?
That was my point. If they don't have a gold mine, then they would have to buy it from its citizens. Or import it. Why not just import it from the Fed? Answer: Fed doesn't have Texas' gold.
Of course there is no way to transport gold in bulk like that. It can't be done. Really. Unless you have a 500 year old wooden sailing ship, the way the Spanish moved it. That would work. Or dumps rucks like in Die Hard. That would be cool if Rick Perry busted t out that way.
Actually it is done, in bulk and practically. But the people who do this aren't cheapskates and don't bullshit about penny movements in the paper price since they are paying $/per oz for transit plus another $/oz everytime they refine it.
In the case of Texas it would propably be 6 flights after backing out security personal and lead weight from MTOW.
http://en.wikipedia.org/wiki/181st_Airlift_Squadron
and just to throw some $ on the fuel bill..
http://en.wikipedia.org/wiki/149th_Fighter_Wing
What a stupid idea. Where the hell is the Fed gonna get $1 billion in physical gold?
Shalom's got the Rothchilds on his speed dial.
Even worse, the guys bought it from were not the Fed.
Gold dealers.
So somebody's shorts gonna get squeezed real good
And they'll go borrow it from the ...
Oh boy...
:)
PS Betcha that whoever sold it to them had a verbal agreement that they'd not press them for physical. And now "Well the investment committee, the Governor and the Legislature overrode my verbal agreement, so go fuck yourself and choke up, asshole.
There's one very troubling section in the bill, it means you don't own the metal as long as it is deposited with the state:
Sec.
A
2116.005.
AA
DEPOSITS AND DEPOSITORY ACCOUNTS;
STANDARDS.
...
(f)
AA
Precious metal deposited with the depository by any
person is the property of this state and is held by the depository
outside the state treasury. On withdrawal and settlement, the
precious metals become the property of the depository account
holder.
p. 6 : http://www.legis.state.tx.us/tlodocs/83R/billtext/pdf/HB03505I.pdf#navpa...
You didn't really think the TX legislatures were going write a law to get the gold closer to themselves, that didn't also give the State of Texas an easier path to "nationalizing" the lucrative asset of an SOE in the event TSHTF did you?
That law is actually no different the bailment contract for ANY bank account in the US anymore. So as long as the State is depositing the State's gold, more power to them. And if you are depositing your gold in any Bank, I'll just be polite and say good luck with that...
There's one very troubling section in the bill, it means you don't own the metal as long as it is deposited with the state:
It belongs to the University of Texas.
Fuck You, Bernanke!
You think it's your gold? Ha ha, let's see you get it then..............
they robed ky gold along time ago. ft knox last time i saw it needed weed eated and the stone preasure washed. looked like lurch would have came to the door if you rang the bell
texas is about ready to be invaded by nazi homeland security storm troopers.....some folks in texas will wind up dead....this legislation will lead to civil war....i don't even think there is enough gold plated tungsten to fill the order....
Was Waco just a drill? Ask Janet Reno, I guess...
Janet "Baby Burner" Reno was just trying to save the children. Don't you know, it's always about protecting the children. (http://www.davekopel.com/waco/arts/wachroni.htm)
texas is about ready to be invaded by nazi homeland security storm troopers.
LOL, now that's funny, they only have a 100k under arms.
Pls send em all at one time
best stuff in a long time!!!!, gotta luv those texans.
this standoff will be some great entertaiment and of course draw attention
to all the shit going on with gold (and silver).
up here we got mark dayton- a fuckin looney tune to the max...
no pride up here...
Keynesians, my ass. We're all TEXANS now.
And so it begins. And yes, this is just the tip of the iceberg.
Just the tip?
Booyah.
Thiis ought to put a wussie's hair up a homosexual's ass in California too. They probably have a lot to repatriate as well. Most of the gold is gone so great reason to secede.
Like maybe a State could get it's finances in order if it wasn't a part of the US>
"Like maybe a State could get it's finances in order if it wasn't a part of the US"
But not Kalifornia.
Everybody waits till the last minute...
panic now, avoid the rush
Is Texas in line before or after China and Germany?
Political servants to the middle class playing their game. Best is that some 'americans' would like people to give it more credence than this 'american' overrepeated show can get.
Welcome to an 'american' world, propaganda and fantasy reign supreme.
The whole Chinese citizenist territory, including occupied Tibet and northern Burma, is shaped by the forces that led to roadside crappery. And the Chinese citizenism public was actively engaged in concretizing them.
It sure reads for me like counts as information on the public.
Chances are Texas will experience Alamo Part Deux - getting wiped out again...
I'm gonna guess they're a little better armed this time.
Good guess. I'm better armed than the Alamo was, and I'm just one Texan. Some of the full-blown rednecks I know own what have to be properly labeled 'a private armory'. If there is a house fire in my neck of the woods, keep at least a half mile back.
Don't own anything that would be much use against an MRAP though. Yet.
You don't have to destroy one, just capture one. It's like guns. You don't need a light machine gun, just enough of a gun and bullet supply to kill the guy with the lmg.
I'm gonna guess they're a little better armed this time
Yep, but I am guessing you haven't a clue about Texans and how well they are armed.There are trillions of rounds of ammo in this state.Not counting more weapons than any other.
Maybe more like the Battle of San Jacinto.
Wiped out? By who? And what Army?
Southerners make up a disproportionate chunk of the US military- about a third of the population, but like 42-43% of the military and they provide alot of the trigger pullers. Add in a couple million non-military volunteers (heavily armed rednecks with lots of good weapons and ammo) from other states if it went bad and...errr... yeah, lotsa luck there Sparky. Everyone else isn't as incapable as they are in your neck of the woods.
So the real important thing now will be the Fed's answer...
The Fed will be closed in observtion of a soon to be named Jewish holidays...for the next 900 days or until Texas forgets about this bill.
"In observance of the Lloyd Blankfein Appreciation Epoch, the Federal Reserve will be closed until further notice. So fuck off."
Oy vey!
"So the real important thing now will be the Fed's answer...'
Wild guess....page 78 of the contract says Texas actually owns jack shit. And jack just left town.
But we have a fine pile of paper waiting for you after 180 days. Fresh off the press even.
Texas don't be honorably Corzined!
"Bank Account Bris Day"?
Question is - Will it be a bris milah (minimal) or a bris periah (extreme)?
Either way there will be blood and screaming.
As the rabbi said - "It won't be long now."
Perhaps Texas will settle for a schtickel of flouride.
No Passover this time around.
We'll order some tungsten filled bars for ya.
The emperor has no clothes. Just smoke and mirrors in a directed Ponzi plan.
Watch the US dollar crash and burn while the Fed QE increases from $85 billion to
$120 billion and more into a dying currency.
The US Fed's only solution is to print, they cant stop buying US debt.
So how far ahead of the curve was Chavez, repatriating his gold before almost anyone else (assuming they actually got real gold)?
So how far ahead of the curve was Chavez, repatriating his gold before almost anyone else (assuming they actually got real gold)?
Newsflash, IF Germany insisted on their holdings, they would get it just as quick as Chavez.
My sentiments are they just agreed to take it in increments.
I have wondered about this- did he get it, and how long was it from that time to his demise? I'm not exactly a fan of the guy but the timeline might be interesting.
Some say that eating a diet of soda and fried foods will kill you quick. One can also surmise that attempting to claim physical gold that has been hypothecated into rehypothecation infinity may have a similar effect. When they roll back the stone and find the tomb is empty, the evangelicals will think their gold went to heaven.
Kyle Bass is on the board of UTIMCO, is this the same gold that they bought a couple years ago? It seems weird that when he took delivery from COMEX, it wasn't put in Texas.
my guess is logistics probbly
I love Texas. I love Ron Paul. I love Rand Paul. My wife and I are making plans to move to Cincy on the Kentucky side and leave the fuckin Nanny Land of NYC. I give major kudos. Get your suit while you can. Truth is freedom. Liberty is on the move. You're either with us or fucked. I know what side I'm on. NOBODY FUCKS WITH MY FAMILY.
M O L O N
F U C K I N G
L A B E
+1 This Government no longer works for us
It works for them
It's actually that simple.
Let me know if you need any help with anything. I live in Northern Kentucky 10 miles south of Cincy.
Contact:
http://www.juniorexplorationchannel.com
June to August is the time frame. I'll be in Touch.
I grew up in Cincinnati (Hyde Park). That's why I moved to Texas!
Just don't go on and on to locals about how you did things in New York, nobody cares what people do there or how and it creates a strong dislike of the New Yorker. There is some odd dynamic that makes northern transplants yammer endlessly about their home state seemingly because they think it nakes them look smart or sophisticated- it doesn't. It only makes people completely fucking hate you and if things should go bad you'll be on your own.
I live in South Florida and ALL the New Yorkers/Jerseyites are like that. I think that when the civil war comes us locals will wind up shooting them first, if anything because the time would be right to finally get them to shut the fuck up.
They do this in the stock market all the time, under the guise of a block trade. If someone wants to sell 1M shares of Google, they don't want to try and push it through the (low volume) market at the NYSE. Once the word was out there was a heavy seller, the price would collapse.
That's when a buyer and a seller get together, agree on a price. The trade crosses but none of the stock is ever publically offered, or bought. and there is usually some kind of quid pro quo. A hedge fund for instance wants to buy some float from the owner, the fund wants access to their books, etc etc.
There is already some kind of quid pro quo attached to the storage of the gold in NY, which has something to do with the Texas state public pension funds, the bond rating agencies, etc. In other words the gold is like a bond against default which works on various levels. The Fed doesn't want to have to unwind the derivatives attached to that gold. The Fed [probably] also uses that gold as a bond. According to Nixon we went off the gold standard, but the sneaky truth is these guys still use gold to back their foreign banking transactions, while they print fiat money guaranteed by nothing for public use. those rich old bastards aren't stupid.
so it's a big deal, means the Fed has to print up some more worthless paper, put it in the back of a C131 and deliver it to Texas. Texas then buys $1B gold on the market and the price goes up and the Fed chief and their rich banker pals all rub their hands together and grin.
Amarillo by Morning bitchez....
Look for a fed black ops team to steal the gold wherever it's stored..blame it on terrorists and use it as a warning to others that the fed is the only safe place to store gold...
Because that's what gangsters do
no problem Texas.....Germany asked first and they are on a 7 year wait......we can put you in the que right after them
The source artcle further indicates that to get its gold as physical, TX will have to sell its paper with the Fed and then buy on the open market.
Note that by this method that the Fed neeeeeever has to come clean on the availability of actual physical inventory.
Still, it will be an interesting story to follow to see all the twists and turns that can be taken.
Exactly. If Texas actually wants to see their gold, this is the price they pay.
It will be in the mail, just as soon as we convince AIG to insure it for $10 Trillion.
The Response will be, Texas do you want your unemployment payments, Social Security, Medicare, Disability, Food Stamps, FEMA protection (hurricane), etc. etc. I celebrate what Texas wants to do but unitl they wean off the tit they may have to sell it and rebuy(more demand). Of course shipping would still be a problem.
An open declaration by the sitting Governor of the second largest US State that the NY Federal Reserve is an outright fraud and not in possession of said gold (and by implication any other world government's), would cost the US far more then moving heaven and earth to scrounge up 83 tons.
Those nuclear option should really be used sparingly, because there relly is NO turning back once a card is played.
Bingo. Hence the idea to sell holdings and buy them back within Texas. No one who has actually been paying attention is really fooled. The objective is to get the gold. Period.
And Texas can say, How much are you willing to pay for refined Gasoline. Texas has 70% of the country's refining. If we exited from those systems and then setup our own based on true need and we keep the monies we send to washington every year, I would take that. 3 counties in Texas opted out of SS and they are in the black
We want our Confederate Gold back, then we will secede from the Confederacy. -- Army of Northern Virginia.
Just take down Fort Sumpter!!! Make a statement that says it all!
The South will rise again !!!
(and this time, we gotzed a trident sub!!!)
http://nesaranews.blogspot.com/2013/03/us-bank-depositors-set-up-for-sla...
Bomb grade nuclear fuel and radioactive material we can handle, no problem. But gold, now that's a tough one.
It's insulting how stupid they think we are, or need us to be?
I'm pretty sure Texax not only handles nuclear fuel, but full on nuclear bombs -- the Pantex plant ( http://www.pantex.com/Pages/default.aspx ) in Amarillo, TX is the only place in the entire country that assembles and disassembles nukes, they ALL go through there.
I think Texas can handle securing a 5'x5' shed filled with their own gold! Even if it were stolen, it'd be Texas' problem, not the Feds.
Insulting, indeed.
"I think Texas can handle securing a 5'x5' shed filled with their own gold! Even if it were stolen, it'd be Texas' problem, not the Feds."
I think Texas can handle this problem with gratis beer and BYOGun ads. Half mile perimeter, bitches.
Also, how did it get to New York in the first place. Was it impractical then?
You are not supposed to ask those kind of questions.
Your unpatriotic anti-American attitude will be your undoing in the New World Order.
He's a terrorist.
It's not stupid, it's elegant. The idea is to get the gold, not play games with the Fed. Sell ownership and buy it back as phyzz within Texas. They might actually see some of it that way.
It seems that more and more people are waking up.
This ponzi, fiat, debt based, fractional reserve banking system is definitely on it's last leg.
I wonder when N.& S. Dakota, Wyoming join Texas and put the rest of the U.S. over a barrel?
Gas Flaring as Seen from Space — Ceres
Why stop with those 3 states? Every damn state in the center of the country is ready to go (minus IL, and MN). Add in most of the southeast and you have a serious block of states that want the fuck out. OK, AR, KS, LA would all go in a heartbeat. And I know I and other rednecks would jump into the shit if Nappy and her thugs roll in on TX. I wish I had a weapon that could shoot down one of those fucking drones...
Too bad all my guns were lost in a boating accident during Winter Storm Dumbshit. Why the fuck do we need to name a damn winter storm?
.308 works nicely...
Good move by Texas, no matter what happens. Anything that keeps raising awareness is a good thing.
I hope they design their own bullion coin
No problem with Janet and her pile of ammo. As we say in Texas "one roit, one ranger"
This is the Federal Reserve hotline... you are currently No. 3 in the queue behind Germany and Switzerland.
Re Texas Rep. Giovanni Capriglione...
Sure you're not confusing Texas with Turin?
That's Corleone. Turin has the linen. Corleone has the horse heads.
THE UNITED STATES IN AMERICA!!!!
I keep the house, you get the kids!
Insisting on ownership is terrorism. Only the State. as agent of the banksters, owns anything.
Why leave it in a Fed Reserve Bank, where the crony-centralistas can lift it? Better to have it in Texas, where the local politico-crony-capitalists can raid it first. Neodecentralization, dear Watson.
Bankers arn't going to like this ....Man Lists Bungalow for Bitcoins...http://gma.yahoo.com/blogs/abc-blogs/man-lists-bungalow-bitcoins-1157069...
"Transporting gold from New York City or other banks to Texas would be impractical from a security and logistics standpoint, Capriglione said."
It's no harder than it was to transport it to New York.
This is actually a very elegant solution. The state of Texas sells notes for gold held by the Fed that probably doesn't exist and purchases phyzz within Texas. Outside the fairly small transaction and transportation costs, it ensures that they actually get the gold on their own timeline.
The difference between Germany and Texas is that Texas actually wants their gold.
Hey Texas .... Get the "F" in line behind Germany - serving the Loon Star state in 8 YEARS.
Better late that later.....
I think there are better chances(and history) of a shipment of iphones being jacked than gold.
As mentioned before, 22k is a tougher coin, less easily damaged. Gold American Eagles may also have a 1099-B reporting exemption unlike Krugs, Gold Maples, Mexican Onza's, and bars. See here:
Not my advice, just sharing a link: http://news.coinupdate.com/irs-and-government-reporting-requirements-for...
Not to mention the GAE's are a nice coin.
Stroke of the pen, law of the land.
If you're actually counting on the ambiguity of the 1099 specific reporting requirements getting you through when the shit hits the fan then have I got a solid gold Kenyan Mohammed statue for you....
After delivery, secession........ oops, that didn't exactly work out last time it was tried.
Bitte stehen hinter Frau Merkel. I think she is in front of you.
Fate the Magnificent
"Push the Button, Max"
Trouble with Texas is:
1) TOO many predators. Lawyers, Liars and Cheaters in every company.
2) No environmental regulations. A toxic place in many areas.
3) Cowboy-White man paradise. Testosterone everywhere.
4) Hot and Dry
Yeah, those crappy cowboys with all their testosterone screw up everything- not at all like what the estrogen crowd did to the public school systems. What a stunning and clear victory for the capabilities of sophisticated white women that is- you go girl!
Please, never ever venture below the Mason Dixon or from Texas east as we are all very, very bad people.
Stay the fuck out then.
Besides 1) which can and will be solved, 2,3, and 4 are all good things.
Hopefully toxic enough to keep the crazy easterners and commiefornians OUT!
I've said it weeks ago. All that claim about buying gold. Then I asked: "Do you get the real thing or just more printed paper?"
I'm convinced game is almost over (even if it takes months, perhaps some years...) because trust is gone.
And the whole fucking game doesn't work without trust.
Truth is always good. Discovering you trusted a lie doesn't mean trust ceases to exist. ;). You find the truth and trust again.
Exactly. Sure Cyprus is small potatoes, but it may have been the canary in the coal mine with regard to a "trust" wake-up call. Be interesting to track withdrawls in Spain, Greece, Italy, etc. next week to see if any trend is there....
So Texas initially bought the gold and said "Let's store it at the FED."
Who made that call?
So Texas initially bought the gold and said "Let's store it at the FED."
Who made that call?
Texas the state did not buy it, the University of Texas owns it all.
I am sure they made the call.
Ben, Barry and the war on.....wait for it.....credibility.
Ben and Barry? Well they have none.
All <strikeout> warfare <strikeout> Ben, Barry is based on deception.
Headline, 2018: US military seizes Texas gold depository, thousands dead.
Headline 2020: Last German Gold Bar shipped from New York arrives in Germany ... now New York to begin filling that Texas Gold order.
Headline 2021: First German Gold Bar to be shipped from New York soon... New York to begin filling the Texas Gold order soon after the German order is delivered
I was just thinking that scrolling down the comments. Germany asked for theirs and it seems all are wising up to having control over their gold assets. Still say the Cyprus event will have a real impact in terms of peoples perspective on banks and there will be capital flight...
Headline, 2018: US
There is NO US in 2018.
better ramp up that Mali production a few more notches!!