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Texas Creating it’s Own Fort Knox, Creating Bullion Backed Legal Tender
Monday, June 1, 2015 6:40
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From Ghostgen:
Introduced by State Rep. Giovanni Capriglione (R- Southlake) and four co-sponsors on Feb. 12, House Bill 483 (HB483) would create the nation’s first state-level gold depository, what some pundits are calling the Texas “Fort Knox.” State officials told the Houston Chronicle that “No other state has its own state bullion depository.”
The bill establishes a yet-to-be-determined secure location for storage of bullion, such as gold and silver. Sen. Lois Kolkhorst, R-Brenham, said the state and its agencies have more than $1 billion worth of gold that now is kept in secure facilities in other states. She said there is concern that fortune should be in …
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