- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: California, Texas, Utah, Ohio, New York, Georgia,
Posted on 3/22/20 at 9:18 pm to Mud_Till_May
Posted on 3/22/20 at 9:18 pm to Mud_Till_May
Texas is the only state with our own power grid.
That’s huge.
And the newly opened Bullion Depository doesn’t hurt.
That’s huge.
And the newly opened Bullion Depository doesn’t hurt.
quote:
The Texas Bullion Depository is a bullion depository based in Texas in the United States. It was the first state-administered depository to be established in the United States, previous depositories were either at federal level or private companies. Texas Comptroller Glenn Hegar announced it was open for business on June 6, 2018.
In 2017, the Comptroller’s office partnered with Lone Star Tangible Assets (LSTA) as the vendor to build and operate the depository. LSTA, a Texas-based company that also owns precious metals dealers U.S. Gold Bureau and WholesaleCoinsDirect.com, operates a highest-rated, Class 3 vault that serves as the depository’s initial location.
Planning for a permanent home for the Texas Bullion Depository began in 2018, at a site in Leander, Texas that should be completed in 2019. Tom Smelker, director of Comptroller Treasury Operations, was named administrator of the depository in 2017.
The depository eliminates the need for out-of-state storage and gives Texas the opportunity to become a “commodities hub for the continent,” according to Rep. Giovanni Capriglione, R-Southlake. Free from the jurisdiction of governmental or quasi-governmental authority beyond the state of Texas, the depository offers a safe storage facility for the bullion of both institutions and individuals and creates a more stable Texas economy.
The depository accepts deposits of gold, silver, platinum, palladium and rhodium.
Posted on 3/22/20 at 9:31 pm to EKG
Popular
Back to top
Follow TigerDroppings for LSU Football News