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new Texas law to get gold out of the 'FED'

Posted: Sun Jun 14, 2015 7:23 pm
by ralph
--- http://resistancejournals.com/2015/06/1 ... -from-fed/[quote][/quote] --- Idon't understand the implications on this , maybe someone else does .

Re: new Texas law to get gold out of the 'FED'

Posted: Sun Jun 14, 2015 7:56 pm
by planosteve
It didn't say Texas had any gold in the FED or in Ft. Knox. It said that UT had 5,610 gold bars stored in New York worth 645 million dollars which costs them $605,000 a year to store. I guess they figure they can do it cheaper here than there.

Re: new Texas law to get gold out of the 'FED'

Posted: Sun Jun 14, 2015 7:56 pm
by planosteve
It didn't say Texas had any gold in the FED or in Ft. Knox. It said that UT had 5,610 gold bars stored in New York worth 645 million dollars which costs them $605,000 a year to store. I guess they figure they can do it cheaper here than there.

Re: new Texas law to get gold out of the 'FED'

Posted: Sun Jun 14, 2015 8:06 pm
by ralph
how many years has it been stored in 'ny' , whats wrong with 'perry' if he couldn't figure out the cost ??

Re: new Texas law to get gold out of the 'FED'

Posted: Wed Jun 17, 2015 5:22 pm
by ralph
furthermore --- http://conservativerefocus.com/blogs/bl ... acility-to --- just more info on the Gold being taken out of wherever it is now being stored .

Re: new Texas law to get gold out of the 'FED'

Posted: Wed Jun 17, 2015 5:30 pm
by ralph
office of the Texas Governor --- http://gov.texas.gov/news/signature/21038 ---

Re: new Texas law to get gold out of the 'FED'

Posted: Thu Jun 18, 2015 7:54 am
by John in Plano

Re: new Texas law to get gold out of the 'FED'

Posted: Thu Jun 18, 2015 4:10 pm
by crackertoes
Something about this is weird.

Re: new Texas law to get gold out of the 'FED'

Posted: Thu Jun 18, 2015 8:40 pm
by planosteve
This info makes it a lot more interesting. :D

And the new depository will not just be a well-guarded warehouse for that bullion. The law Abbott signed calls for the creation of an electronic payments system that will allow gold, silver, platinum, palladium, and rhodium depositors to write checks against their accounts, making the depository into a bank – one that will create a metal-backed money supply intended to challenge the paper currency issued by the Federal Reserve - or "Yankee dollars" as one of the law's top supporters calls them. And in case the Fed or Obama wants to confiscate Texas's gold, nice try Fed and Obama! In keeping with this suspicion of the Fed and Washington, the new law also explicitly declares that no “governmental or quasi-governmental authority other than an authority of [Texas]” will be allowed to confiscate or freeze an account inside the depository. Gold that’s entrusted to Texas will stay in Texas.


http://talkingpointsmemo.com/cafe/with-eye-on-fiscal-armageddon-texas-set-to-repatriate-its-gold-to-new-texas-fort-know

Re: new Texas law to get gold out of the 'FED'

Posted: Fri Jun 19, 2015 7:46 am
by Mark
I'd be willing to bet that Fort Knox is empty.

Re: new Texas law to get gold out of the 'FED'

Posted: Fri Jun 19, 2015 9:10 am
by GFB
planosteve wrote:This info makes it a lot more interesting. :D

And the new depository will not just be a well-guarded warehouse for that bullion. The law Abbott signed calls for the creation of an electronic payments system that will allow gold, silver, platinum, palladium, and rhodium depositors to write checks against their accounts, making the depository into a bank – one that will create a metal-backed money supply intended to challenge the paper currency issued by the Federal Reserve - or "Yankee dollars" as one of the law's top supporters calls them. And in case the Fed or Obama wants to confiscate Texas's gold, nice try Fed and Obama! In keeping with this suspicion of the Fed and Washington, the new law also explicitly declares that no “governmental or quasi-governmental authority other than an authority of [Texas]” will be allowed to confiscate or freeze an account inside the depository. Gold that’s entrusted to Texas will stay in Texas.


http://talkingpointsmemo.com/cafe/with-eye-on-fiscal-armageddon-texas-set-to-repatriate-its-gold-to-new-texas-fort-know


Knee slapper!