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Subject Passed!! TEXAS SENATE PASSES BILL TO ESTABLISH BULLION DEPOSITORY, HELP FACILITATE TRANSACTIONS IN GOLD AND SILVER

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[quote:Anonymous Coward 53421758:MV8yODcwNDQ2XzUwNTMyMTA1X0FENTFGNDM2]
[quote:Lex Talionis:MV8yODcwNDQ2XzUwNTMxODg4XzY1RDk2RTI=]
[quote:Anonymous Coward 53421758:MV8yODcwNDQ2XzUwNTMxNzk3Xzg0QTVGRDBG]
[quote:Lex Talionis:MV8yODcwNDQ2XzUwNTMxNzMzXzc5MjdEMTlD]
Texas is taking steps toward nullifying the Fed.
If Texas is able to stay the course other states will follow.
[/quote]

Or.................

2. Texas is taking steps to steal the gold from foolish people.

I vote that it's number 2
[/quote]

Believe what you will.

I see nowhere in the Bill where you have to deposit any of your precious metal, much less all of it. Only if and when you choose to use it as a medium of exchange would you deposit it. No doubt the physical metal could also be used as a means for conducting transactions at the point of sale.

I see it as a means of destroying the Fed's Fiat currency which actually steals capital from hard-working and well-meaning Americans.

That you would choose to thwart any attempt to prevent this from happening [b][color=blue]makes you look no less a fool[/color][/b].
[/quote]

Do you understand "money"?

Do you understand the world?

Do you understand the times?

Calling me a fool tells me that you understand nothing.

Putting things into the proper perspective.

[quote:Anonymous Coward 64502105:MV8yNjc5NjcwXzQ3MDQ1OTczXzYxNzY0NzMy]

In 1933, FDR forced people to turn in their gold in exchange for paper "money" at the rate of $20 paper for one ounce of gold.

Look here http://amark.com/

As I write this, a one ounce gold coin is $1,298.00.

Using this your "average" yearly wage in America last year of $43,041, that is 33.15 ounces of gold, or $663.19 in 1933 dollars.

The average yearly wage in America is $663.19.

Americans have been robbed.
[/quote]

The average yearly wage TODAY is $663.19. No matter how big the numbers get, the VALUE is [b][color=blue]33.15 ounces of gold, or $663.19[/color][/b]. The American People have been robbed by the USA govt.

[b]Nothing is happening that was not planned.[/b]

People believe they have "money". They don't. This short article explains what has happened to all of us concerning money. The simplicity of money is intentionally made complicated by the power structure to deceive us and steal from us.

[b][color=blue]Your Money and Liar's Poker[/color][/b]
http://www.kingmannafta.com/Pages/YourMoneyandLiarsPoker.aspx

We have all been deceived.
[/quote]

Original Message 29May2015

A bill taking a step towards gold and silver as commonly-used legal tender in Texas passed in the state Senate today by an overwhelming 29-2 vote.

Introduced by State Rep. Giovanni Capriglione (R- Southlake) and four co-sponsors on Feb. 12, House Bill 483 (HB483) would create a state bullion depository. It reads, in part:

(a) The Texas Bullion Depository is established as an agency of this state in the office of the comptroller.
(b) The depository is established to serve as the custodian, guardian, and administrator of certain bullion and specie that may be transferred to or otherwise acquired by this state or an agency, a political subdivision, or another instrumentality of this state.

What the bill essentially does is create a means for transactions to occur in precious metals. It allows people to open an account and deposit their precious metals in the state depository. They could then use the electronic system to make payments to any other business or person who also holds an account.

This opening of the market is considered by many insiders to be the most important first step towards bringing sound money to mainstream acceptance.

“The key is to make it so people can use gold and silver instead of fiat paper money,” said Michael Boldin of the Tenth Amendment Center. “A bill like this won’t nullify the Fed on its own, but it is an important step forward in that direction.”

[link to www.blacklistednews.com]

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