source:
www.zerohedge.com...
Full article :
www.star-telegram.com...=cpy
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.
This is very fascinating news, I know some see Texas as the last place to escape the Tyranny.. I think Texas might be preparing to go independent and
if one state could pull it off it would be Texas.
If i'm not mistaken Texas has always been kind of a hard audience to feed bullsh*t so it makes perfectly sense they are planning an escape.
Further on some interesting quotes that only supports the notion the the federal reserve is empty. And regretfully shows that the US economy is
heading for a big crash.
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.
As the author from the article says its weird; gold is being shipped all day, and it wouldn't even be an international shipment... so why the
fuzz?
So some of them are preparing... Oh and the juice it up... Ron Paul isn't to far behind from this whole idea and think tank... or that's what I got
out of the article.
