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Gold depository could soon be on its way to Texas

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Published : May 18th, 2016
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Category : GoldWire

DALLAS -- Tarek Saab has a golden vision for Texas.

Well, for a Texas Bullion Depository anyway.

So he and his company -- Texas Precious Metals -- set up a booth at the Republican Party of Texas state convention in Dallas to tell Texans about it.

"Texans as a group are some of the largest gold buyers in the world," said Saab, chief operating officer of the company. "The only options they have to store it right now are in a bank or their home."

Saab's company, one of many interested in being involved with the state's plan to create a depository, proposes building a potentially $20 million facility -- with no Texas tax dollars -- on 40 acres of land it has in Shiner, about 250 miles south of Fort Worth. ...

... For the remainder of the report:

http://www.star-telegram.com/news/politics-go...e77795702.ht...

 

Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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