Zero Hedge, in its March 24, 2013 article, reports that Texas Wants Its Gold Back From The Fed.
Extract :
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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.
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