Why Texas Wants its Gold Back from the Feds - WND News
Excerpts:
“'The eyes of Texas are upon you' goes the song, but right now those
eyes seem to be squarely focused on the financial crisis in Cyprus. Texas Gov. Rick Perry is supporting a bill that would return the
state’s $1 billion in gold reserves currently stored by the Federal
Reserve at a vault in New York to the state. The sponsor of the bill, State Rep. Giovanni Capriglione, R-Southlake, told the Texas Tribune,
“For us to have our own gold, a lot of the runs on the bank and those
types of things, they happen because people are worried that there’s
nothing there to back it up.”
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