31 votes

Texas May Start to Hoard Gold - Yahoo! Video with Jim Rickards & Lauren Lyster

Jim Rickards discusses plans for a Texas Depository run by Texas that holds gold and will protect it from Federal confiscation under the 10th Amendment.

Video below:

http://ph.news.yahoo.com/video/why-texas-may-start-hoard-171...

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CalPERS Needs To Do This

Anyone with money in CalPERS should write them and send this story.

Gold and Guns.

Those damn Texans, clinging to their gold and guns. Hey that would make a great title for a movie.

PattyFromTexas

ecorob's picture

Give me a T for Texas...

and a G for G-O-L-D!

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
9/11 Truth.

If I have gold and silver,

If I have gold and silver, I'd rather keep mine in my own safe instead of the government, whether Federal or the state.

yeah, right, this can't end

yeah, right, this can't end well.

lawrence

DJP333's picture

Game Changer...

The Teachers Retirement System of Texas will be able to invest in physical gold? As of Aug 2012, the TRS of Texas had $109,993,231 in investments. What other investment will give you a 450% return on your investment in 10 years? Wall Street? Savings account? I don't think so. Should you own some precious metals right now? Um,yeah!

Balance sheet of TRS 2012, p.18 of:
http://www.trs.state.tx.us/about/documents/cafr.pdf

10 year gold chart:
http://www.kitco.com/charts/popup/au3650nyb.html

Living in, and doing most of my business in Texas, this story makes me smile.

"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW

Cyril's picture

Yup. LONG live Texas ! :)

Yup. LONG live Texas ! :)

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

The only constitutional protection of that gold

is the second amendment.

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417

The State of Kentucky should

The State of Kentucky should do this too, and build a protective barrier around Fort Knox.

And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our lives, our fortunes and our sacred honor.

Thats my rep

Giovanni who introduced that is my representative, I helped his campaiign, and he is a Ron Paul man!

Hoard?

How about Hold? Protecting your retirement fund from confiscation.. that's hoarding.

Thanks!

Interesting development. I like JR and LL.

Michael Nystrom's picture

Bump

Great video. Thanks.

My long term prediction is that Texas will ultimately secede. Somewhere down the line, maybe in 10 or 15 years.

To be mean is never excusable, but there is some merit in knowing that one is; the most irreparable of vices is to do evil out of stupidity. - C.B.

Utah is the first state to make gold and silver legal tender

and here is what looks like a private Utah vault
http://utahgsd.com/

Please subscribe to smaulgld.com

that is awesome.

that is awesome.

proverbs 20:15
There is gold, and an abundance of jewels;
But the lips of knowledge are a more precious thing.