Texas to Repatriate $1 Billion in Gold from Federal Reserve to New State Depository

Texas Republican Governor Greg Abbott signed a bill into law on Friday that will create a first-in-the-nation state-level gold depository and repatriate $1 billion in gold from the New York branch of the Federal Reserve to Texas' new depository.

http://truthinmedia.com/texas-to-repatriate-1-billion-in-gold-from-federal-reserve-to-new-state-depository/?utm_source=newsletter&utm_medium=text&utm_campaign=nl

Someone wake me up when a credible source of information is cited.

Truth in Media is run by Ben Swann the creator of "Reality Check" who only sites as news what can be backed up by documentation.

So if you're waiting for the lying sponsored press like CNN, FOX, PMSNBC or any of the other BS corporate news agencies to pick it up.... as what you consider a "credible news source".... good luck with that!

http://www.politifact.com/truth-o-meter/article/2015/jan/29/punditfact-checks-cable-news-channels/

How about:

http://gov.texas.gov/news/signature/21038

"Governor Greg Abbott today signed House Bill 483 (Capriglione, R-Southlake; Kolkhorst, R-Brenham) to establish a state gold bullion depository administered by the Office of the Comptroller. The law will repatriate $1 billion of gold bullion from the Federal Reserve in New York to Texas...Governor Abbott issued the following statement:"

"'Today I signed HB 483 to provide a secure facility for the State of Texas, state agencies and Texas citizens to store gold bullion and other precious metals.'"

Good luck. Germany asked for their gold back too but they weren't allowed to even see it.

Anyone who followed the story, saw that the u.s. doesn't have enough gold in reserve, to give it back to Germany in lump sum.

Texas, most likely, will never see any of its gold back.


If a businessman ran a racket, like the u.s. gov., he'd be under the prison.
The names Gotti and Madoff, ring any bells?

and what little gold that's there for show is probably filled with tungsten.

Amazingly, a credible news source is also reporting that the governor of Texas signed into law a bill calling for the creation of a gold depository in Texas.