Big Step Forward for Sound Money: Location for Texas Bullion Depository Now Official

AUSTIN, Texas (Nov. 15, 2017) – The Texas Bullion Depository took a step closer becoming operational earlier this month when officials announced the location of the new facility. The creation of a state bullion depository in Texas represents a power shift away from the federal government to the state, and it provides a blueprint that could ultimately end the Federal Reserve’s monopoly on money.

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Texas Committee Passes Bill to Facilitate Operation of Bullion Depository

AUSTIN, Texas (May 1, 2017) – A Texas House committee has passed a bill that will facilitate the establishment and operation of the Texas Bullion Depository. Passage of the bill would take another step toward getting the depository fully operational, and facilitating the everyday use of gold and silver in financial transactions in the Lone Star State.

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Texas Committee Passes Measure to Facilitate Use of Gold Depository

AUSTIN, Texas (April 25, 2017) –  Last week, a Texas House committee passed a proposed state constitutional amendment that would authorize the legislature to exempt precious metals held in the Texas Gold Depository from ad valorem taxation. Passage of the amendment would take another step toward the everyday use of gold and silver in financial transactions in the Lone Star State.

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