FLASH! THE TEXAS BULLION DEPOSITORY GOES… GLOBAL… | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

FLASH! THE TEXAS BULLION DEPOSITORY GOES… GLOBAL…

Rarely do I get a submission - in this case from S.D., to whom a big thank you for spotting and sharing this one - that is so significant. In fact, this one is so hugely significant that I'm releasing this blog immediately, rather than waiting until Friday like I originally intended. It's what in the heyday of newspapers would have been published as a "flash" or an "extra".

Remember the Texas state bullion depository? I've blogged about the story, and about how I think it's part of a larger pattern of state initiatives that indicate that some, at least, at the "deep state" layers of state governments in the USA are preparing for a potential crack up. The signs are there: open defiance of the Federal government during the Trump administration of states and sanctuary cities simply refusing to enforce Federal law; now, states like Texas openly defying Biden administration policy by enforcing the borders and, in Texas' case, deciding to go ahead with Mr. Trump's "wall." Or consider all the states passing marijuana legalization and even allowing "pot stores," again in open defiance of federal law. The point is, the defiance is growing, and that means the federal government is increasingly weak.

Establishing a bullion depository is exactly the step one would take if one were concerned about a break up, and your state's ability to continue economic activity and to be able to transact on the global stage in that eventuality.

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