A gold depository in Texas is just the first step.
After work begins on the state's first bullion depository -- and proposals to create it are due by the end of the week -- then officials hope to bring more commodity markets to the state.
"Gold is just the first thing," said state Rep. Giovanni Capriglione, R-Southlake, who asked lawmakers last year to create the depository. "We have been talking to other commodity players, asking if we can create a bigger platform. This is just the beginning of something we are starting."
After a gold depository is up and running, he said, officials should look at cattle, oil, gas, and more.
"We want to say Texas is a place where you can not only buy and sell commodities, but you can receive a shipment of those products as well," Capriglione said. "I see us being able to start turning this into something much more." ...
... For the remainder of the report:
http://www.star-telegram.com/news/politics-go...e104509111.h...
