The Texas Bullion Depository Challenges the Federal Reserve System

By July 17, 2015Bitcoin Business

In mid-June, Texas Gov. Greg Abbott signed into law HB 483, paving the way for Texas to repatriate $1 billion in gold from an underground vault in Manhattan operated by HSBC bank, bringing it home to be stored in a yet-to-be-built Texas Bullion Depository, reports HNGN , which also speculated whether this is the first step in Texas’ plan to secede. The gold is owned by the University of Texas’ endowment fund.

“Today I signed […]

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