Fed Hated & Stacker Approved: The Texas Bullion Depository Is Now Officially Open
SilverDoctors.com
June 7, 2018
The country’s first state-administered precious metals depository, the Texas Bullion Depository, officially opened Wednesday in Austin. Here’s more…
by Jackie Wang and Brianna Stone of Dallas Morning News via the Gold Anti-Trust Action Committee (GATA)
AUSTIN, Texas — Texans who have long stored gold and precious metals elsewhere can bring the bling back to their home state. The country’s first state-administered precious metals depository, the Texas Bullion Depository, officially opened Wednesday in Austin.
Like other facilities that store precious metals, the Texas Bullion Depository insures them and has complex security measures to guard people’s assets. Depositors can buy metals from a dealer and have them shipped directly to the depository, or send in what they already own.
People became more open to owning precious metals after the 2008 recession, depository executive director Matt Ferris said.
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