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I'm usually late to the dance here at CU. But have you heard about this one?

mt_mslamt_msla Posts: 815 ✭✭✭✭
edited January 9, 2019 4:09AM in U.S. Coin Forum

"Each deposit will be stored separately, which means any metals you deposit will be the exact ones you'll get back when you make a withdrawal."

https://www.texasbulliondepository.gov/

First ever: https://www.star-telegram.com/news/state/texas/article212593134.html

Insert witicism here. [ xxx ]

Comments

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    I must've been late to the dance party too ...... let me goog it :)

  • BAJJERFANBAJJERFAN Posts: 30,977 ✭✭✭✭✭

    It's been discussed before that they wanted to repatriate their gold.

  • ttownttown Posts: 4,472 ✭✭✭

    Well they pulled a billion in gold a few years back I'm sure it coming in now in installments, just ask Germany B)

  • 1630Boston1630Boston Posts: 13,772 ✭✭✭✭✭

    Interesting,
    The Texas Bullion Depository is an agency of the State of Texas.
    :neutral:

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • mt_mslamt_msla Posts: 815 ✭✭✭✭

    @1630Boston said:
    Interesting,
    The Texas Bullion Depository is an agency of the State of Texas.
    :neutral:

    First one ever of any state.

    Insert witicism here. [ xxx ]

  • mt_mslamt_msla Posts: 815 ✭✭✭✭
    edited January 9, 2019 5:16AM

    If you don't hold it you don't own it. A bird on hand .....

    I'm just playing show and tell. But like Abe Lincoln said, "If you read it on the internet, it must be true."

    Insert witicism here. [ xxx ]

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    Interesting. Thanks for the info @mt_msla.

    First item on the FAQ page:

    Who can store precious metals at the Texas Bullion Depository?

    A: As of April 1, 2018, U.S. citizens and residents, including business entities can open an account at the depository. Services for depositors from other nations will open in the future.

  • astroratastrorat Posts: 9,221 ✭✭✭✭✭
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • dennis1219dennis1219 Posts: 267 ✭✭✭

    I think I’ll keep my billion in a manaise jar on Funk & Wagnalls back porch thank you.

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Thanks, but I'll pass !!! :'(

    Timbuk3
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I will keep my gold and silver right where I can see it. No worry about security, shipping costs or nefarious dealings that could tie it up for decades. Cheers, RickO

  • BuffaloIronTailBuffaloIronTail Posts: 7,401 ✭✭✭✭✭

    @dennis1219 said:
    I think I’ll keep my billion in a manaise jar on Funk & Wagnalls back porch thank you.

    Right behind ya, man!

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • 53BKid53BKid Posts: 2,164 ✭✭✭

    @ricko said:
    I will keep my gold and silver right where I can see it. No worry about security, shipping costs or nefarious dealings that could tie it up for decades. Cheers, RickO

    ...or some future government confiscation of gold. Roosevelt did it in the '33. Government takes what it needs one way or another. If global warming occurs as projected and South Florida and the coasts are under water mid century, the government will do what it must.

    HAPPY COLLECTING!!!
  • johnny9434johnny9434 Posts: 27,411 ✭✭✭✭✭

    ill pass as well and keep it set aside somewhere. jmo

  • SmudgeSmudge Posts: 9,208 ✭✭✭✭✭

    No.

  • WillieBoyd2WillieBoyd2 Posts: 5,034 ✭✭✭✭✭

    Is the Texas Bullion Depository like the Texas Schoolbook Depository?

    :)

    https://www.brianrxm.com
    The Mysterious Egyptian Magic Coin
    Coins in Movies
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  • Namvet69Namvet69 Posts: 8,623 ✭✭✭✭✭

    I remember all the gullible people who allowed the gold and silver buyers in the 1980's, store their bullion. Everybody got screwed when they skipped town. Buhbye

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52

  • GazesGazes Posts: 2,315 ✭✭✭✭✭

    is it that hard to get a safety deposit box to store gold?

  • blitzdudeblitzdude Posts: 5,361 ✭✭✭✭✭

    What could go wrong? Lulz

    The whole worlds off its rocker, buy Gold™.

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