Texas bring its gold back home: This could be an ominous signal to financial chaos ahead. The printing presses of the Fed have been out of control far too long and it is unsustainable.

gmcase Loc: Galt's Gulch

This could be an ominous signal to financial chaos ahead. The printing presses of the Fed have been out of control far too long and it is unsustainable.

http://www.zerohedge.com/news/2015-06-13/writings-wall-texas-pulls-1-billion-gold-ny-fed-makes-it-non-confiscatable

idaholover Loc: Nampa ID

gmcase wrote:

This could be an ominous signal to financial chaos ahead. The printing presses of the Fed have been out of control far too long and it is unsustainable.

http://www.zerohedge.com/news/2015-06-13/writings-wall-texas-pulls-1-billion-gold-ny-fed-makes-it-non-confiscatable

Ya think?

gmcase Loc: Galt's Gulch

The article mentioned they may open it to the public for storing their gold there, unleveraged, for a fee. I have alerted a couple friends they need to check out if their deposits at gold storage services have any strings attached such as being leveraged somehow with debt. If so, your gold is only as safe as financial viability of the storage facility. An honest State run facility may be a better option but nothing beats a hole in your backyard. Maybe put a pair of work boots and gloves on top. Those are sure repellents for thieves. :mrgreen:

ArtzDarkroom Loc: Near Disneyland-Orange County, California

Why not? Texas gets so much of of the US Treasury now anyway... lol

gmcase wrote:

This could be an ominous signal to financial chaos ahead. The printing presses of the Fed have been out of control far too long and it is unsustainable.

http://www.zerohedge.com/news/2015-06-13/writings-wall-texas-pulls-1-billion-gold-ny-fed-makes-it-non-confiscatable

(Download)

idaholover Loc: Nampa ID

ArtzDarkroom wrote:

Why not they get so much of of the US Treasury now anyway... lol

I guess it's the least the federal government can do after dumping thousands of illegal aliens there!

gmcase Loc: Galt's Gulch

ArtzDarkroom wrote:

Why not? Texas gets so much of of the US Treasury now anyway... lol

I fail to see what your comments have to do with the subject matter.

Valid Opinion Loc: Right Here

gmcase wrote:

This could be an ominous signal to financial chaos ahead. The printing presses of the Fed have been out of control far too long and it is unsustainable.

http://www.zerohedge.com/news/2015-06-13/writings-wall-texas-pulls-1-billion-gold-ny-fed-makes-it-non-confiscatable

This makes as much sense as the FEMA camps and the Jade Helm 15 fiascoes. What's in the water in Texas ???

https://en.wikipedia.org/wiki/Jade_Helm_15_conspiracy_theories

Blurryeyed Loc: NC Mountains.

ArtzDarkroom wrote:

Why not? Texas gets so much of of the US Treasury now anyway... lol

Stupid post Art.

gmcase Loc: Galt's Gulch

Valid Opinion wrote:

This makes as much sense as the FEMA camps and the Jade Helm 15 fiascoes. What's in the water in Texas ???

https://en.wikipedia.org/wiki/Jade_Helm_15_conspiracy_theories

This is not a conspiracy theory but factual. Texas is taking possession of its gold that is out of state.

idaholover Loc: Nampa ID

gmcase wrote:

This is not a conspiracy theory but factual. Texas is taking possession of its gold that is out of state.

They believe in conspiracies as in vast right wing etc.

Zophman Loc: Northwest

ArtzDarkroom wrote:

Why not? Texas gets so much of of the US Treasury now anyway... lol

Texas contributes to the Federal government more than they receive. Several sources indicate Texas pays at least 6% more than they receive. Checking facts before spreading this BS around would benefit your your integrity more in the future.

idaholover Loc: Nampa ID

Zophman wrote:

Texas contributes to the Federal government more than they receive. Several sources indicate Texas pays at least 6% more than they receive. Checking facts before spreading this BS around would benefit your your integrity more in the future.

They won't let facts get in the way!

Zophman Loc: Northwest

idaholover wrote:

They won't let facts get in the way!

Everyone has the right o their own opinions. But they don't have a right to their own facts! The "convenient overlooking" of facts is not only dishonest but it is also disingenuous.

idaholover Loc: Nampa ID

Zophman wrote:

Everyone has the right o their own opinions. But they don't have a right to their own facts! The "convenient overlooking" of facts is not only dishonest but it is also disingenuous.

They don't care.

Zophman Loc: Northwest

idaholover wrote:

They don't care.

My experience has been that most "left leaning" folks when confronted with facts tend to make personal attacks attempting to discredit the other party. Many will create information and seek to disrespect the other party. Plus they seem to be able to talk out of both sides of their mouths. Seems like their sources of information are jaded a skewed to only their side of the issue (LEFT!) ad they abhor truth and honest discussion. Tell me we aren't in trouble!