The Texas Bullion Depository Bill was signed into law by Governor Greg Abbott on June 12, 2015, officially establishing the first ever state-administered precious metals bullion depository (HB 483; originally filed and submitted by Rep. Giovanni Capriglione (R - Southlake)). The establishment of the Texas Bullion Depository creates an official depository operation by the State of Texas, with depository services provided by Lone Star Tangible Assets of Austin, Texas.
This is an opportunity to store precious metals in a secure location. You can even put part of your 401K or IRA in this investment.
In the event of a SHTF scenario, having about 10% of your savings in Silver or Gold could be a lifesaver. Note: I am NOT a Financial Advisor.
A Utah law promotes the use of Gold and Silver for daily purchases, by making them tax free.
Should you be investing in precious metals? Do your own investigation and make your own decision, but the State of Texas and Utah have certainly made some investments.
For more information, visit this link: https://texasbulliondepository.gov
For additional information see the following links:
The united States
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