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Did You Know Texas owns gold bullion stored in NEW YORK CITY

Posted: Mon Jun 01, 2015 7:53 am
by planosteve

Re: Did You Know Texas owns gold bullion stored in NEW YORK

Posted: Mon Jun 01, 2015 8:19 am
by John in Plano
Leave it there I doubt the idiots in Austin can create something that will cost less than the current $1,000,000 million a year to store approx $1,000,000,000 in gold.

Re: Did You Know Texas owns gold bullion stored in NEW YORK

Posted: Mon Jun 01, 2015 8:23 am
by planosteve
John in Plano wrote:Leave it there I doubt the idiots in Austin can create something that will cost less than the current $1,000,000 million a year to store approx $1,000,000,000 in gold.

Why does Texas need to own and store gold anyway? Don't they trust the FED?

Re: Did You Know Texas owns gold bullion stored in NEW YORK

Posted: Mon Jun 01, 2015 8:41 am
by John in Plano
planosteve wrote:
John in Plano wrote:Leave it there I doubt the idiots in Austin can create something that will cost less than the current $1,000,000 million a year to store approx $1,000,000,000 in gold.

Why does Texas need to own and store gold anyway? Don't they trust the FED?


I don't know, you need to ask the University of Texas Investment Management Co.