Texas Gold In New York

[Driller]

http://www.texastribune.org/2013/03/21/perry-some-lawmakers-want-states-gold-back-texas/

Driller

 

[Driller]

We need to get our stuff back home. Dont trust them yanks.

Driller

 

[cbigclarke]

Yes!!

 

[Shorts]

Interesting. Looks like Texas wants to get her ducks in a row, in case....

 

[inceptor]

We are not the only one who wants this. Several countries also have their gold stored in NY and now want it back.

Countries want their gold back.

 

[Acera]

It would not surprise me if they did not have it anymore................

 

[cbigclarke]

if they dont what do we do then. I tell you what. I'm ready to fight

 

[Shorts]

It would not surprise me if they did not have it anymore................

You know, that wouldn't surprise me either.

 

[Willy]

It would not surprise me if they did not have it anymore................

If this is a serious concern, we should sell our gold in NY and use the money to buy physical gold to be stored in TX. Let someone else own worthless paper.

 

[Shorts]

If this is a serious concern, we should sell our gold in NY and use the money to buy physical gold to be stored in TX. Let someone else own worthless paper.

In that article that actually is an idea being tossed around to alleviate the complexity of transporting the gold from NY to TX.

Otherwise they'd need an incredible security and transport team to make the long journey. For some reason I keep thinking about Die Hard: With a Vengeance

 

[stdreb27]

We move nuclear warheads around, why would gold need much more security than that?

 

[cbigclarke]

put it on a plane and be done with it

 

[kusai]

If I remember correctly some country in the past was "denied" access to their gold due to causing imbalance in economy. Should'nt we be fighting tooth and nail for it ?

 

[cbigclarke]

Germany has given the US 7 years to return there gold

 

[Driller]

I bet Gov. Perry could borrow some C-5 cargo planes from Lackland AFB, Texas (USAF). Problem solved.

 

[TheDan]

ok, this seems nuts that it is a thing in the first place... What is the point of owning gold if you don't hold it yourself?

If this is a serious concern, we should sell our gold in NY and use the money to buy physical gold to be stored in TX. Let someone else own worthless paper.

Agreed... However we should sell it and use the money to fund tax breaks for manufacturing operations that move or start up in TX. Probably not a popular idea, but if something terrible like a new civil war does happen, we don't want to repeat the same mistakes as last time. We need more manufacturing in the state.

 

[Acera]

I bet Gov. Perry could borrow some C-5 cargo planes from Lackland AFB, Texas (USAF). Problem solved.

Don't need anything that big, a C-130 can carry that much. In today's market $1 Billion in gold is roughly 42,000 pounds, or the load limit of that plane.

 

[Renegade]

I bet Gov. Perry could borrow some C-5 cargo planes from Lackland AFB, Texas (USAF). Problem solved.

I wish.

It could all fit on one truck.