The Texas Bullion Depository Challenges the Federal Reserve System

The Texas Bullion Depository Challenges the Federal Reserve System

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 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,"Abbott said in an....


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It's a new financial system, designed from scratch by the people, for the people.

Mike Hearn, Bitcoin Core Developer