WebApr 7, 2024 · Is the Gold Standard Coming Back in Texas? Legislators Propose Gold-Backed Digital Currency terry April 7, 2024, 10:03 AM · 4 min read The gold standard as … WebJun 15, 2015 · Texas Governor Greg Abbott has signed a bill into law to establish a Texas gold bullion depository and repatriate $1 billion of the state’s gold reserves held at the Federal Reserve Bank of New York, AP reported Friday. The law will make Texas the first state in the U.S. to have its own bullion depository.

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WebGoldbacks support local businesses and educate people about sound money. Getting Involved Locate Goldback Businesses Locate businesses of all types that accept … We determine our exchange rate by averaging the paper dollar exchange … One Goldback, embedded with 1/1,000th of a Troy Oz of 24 karat gold. Actual Size … Producing the Goldback relies on 5th generation vacuum deposition … The icon in the upper right corner starts a ‘new transaction’. The upper right / $ … The Goldback® is designed to be a local currency within regions where a series … Register your business for no cost as a ‘We Accept The Goldback’ enterprise. You … The main investment is actually held in gold, the returns are also paid in gold on … Nevada 2024 - Present. When the original Utah Goldback series was completed … For this reason, a one ounce gold coin may cost $1,700 while a 1/10th ounce coin … The Goldback is the most spendable gold in the world and it will likely suit your needs … WebMar 22, 2013 · In an effort to increase Texas’s financial security, Governor Rick Perry is backing legislation that would bring the state’s stash of 6,643 gold bars home from a … nuclear energy tribal working group

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WebApr 10, 2024 · Last month, Texas State Senator Bryan Hughes and House Representative Mark Dorazio introduced two identical bills supporting the establishment of a digital currency backed by gold in Texas. The bills introduced in the Texas House ( HB4903) and Senate ( SB2334) on March 10 would create a state-issued, gold-backed digital currency. WebBy Spencer Grubbs Published August 2024. In summer 2024, Texas began operating the nation’s only state-run bullion depository, a highly secure, government-backed storage facility comparable to the U.S. Bullion Depository in Fort Knox, Kentucky, which holds federal gold reserves. Now the Texas Bullion Depository (TxBD), which experienced a ... WebWhile the minimum is a 96,000 Goldback Lease to launch a new Goldback series, the amount required for more populous areas is necessarily higher. In order for a series of Goldbacks to have a chance at circulating in more highly populated regions, there needs to be more of them available. nince hardloopvest