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First up: a gold depository in Texas. And then?

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Published : September 28th, 2016
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Category : GoldWire

A gold depository in Texas is just the first step.

After work begins on the state's first bullion depository -- and proposals to create it are due by the end of the week -- then officials hope to bring more commodity markets to the state.

"Gold is just the first thing," said state Rep. Giovanni Capriglione, R-Southlake, who asked lawmakers last year to create the depository. "We have been talking to other commodity players, asking if we can create a bigger platform. This is just the beginning of something we are starting."

After a gold depository is up and running, he said, officials should look at cattle, oil, gas, and more.

"We want to say Texas is a place where you can not only buy and sell commodities, but you can receive a shipment of those products as well," Capriglione said. "I see us being able to start turning this into something much more." ...

... For the remainder of the report:

http://www.star-telegram.com/news/politics-go...e104509111.h...

 

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No wonder that they opened a bullion repository in Texas and they’re going to do more. As this state is one of the biggest precious metals and oil markets in the US and has a great location.
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No wonder that they opened a bullion repository in Texas and they’re going to do more. As this state is one of the biggest precious metals and oil markets in the US and has a great location. Read more
CREGG - 10/10/2016 at 5:34 AM GMT
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