4 ms·
I'm a little confused here -- if the money is actually stored at HSBC in New York, not at Federal Reserve, why http://gov.texas.gov/news/signature/21038 http://
by cnst 11y ago
I'm a little confused here -- if the money is actually stored at HSBC in New York, not at Federal Reserve, why http://gov.texas.gov/news/signature/21038 http://gov.texas.gov/news/signature/21038 explicitly mentions "The law will repatriate $1 billion of gold bullion from the Federal Reserve in New York to Texas."?
Is it done simply with the intent of playing on the anti-federal-gov sentiment?
- Aloisius 11y agoThey probably bought the gold originally from the Federal Reserve, so the statement would be technically accurate though highly misleading.