# Texas creates a gold depository to rival the Federal Reserve **URL:** \ **Category:** Great Debates\ **Created:** [June 16, 2015, 6:46pm UTC](https://boards.straightdope.com/t/texas-creates-a-gold-depository-to-rival-the-federal-reserve/722692 "2015-06-16T18:46:05Z")\ **Posts on this page:** 8\ **Page:** 3
**Author:** ![RTFirefly](https://avatars.discourse-cdn.com/v4/letter/r/c77e96/32.png) [@RTFirefly](https://boards.straightdope.com/u/RTFirefly)\ **Post date:** [June 18, 2015, 4:39pm UTC](https://boards.straightdope.com/t/texas-creates-a-gold-depository-to-rival-the-federal-reserve/722692/41 "2015-06-18T16:39:05Z")
Random thoughts: 1. I guess I’m showing my age, but in my case, the phrase ‘Texas depository’ still has unfortunate reverberations from a long-ago November. 2. OTOH, for me, the phrase “Yankee Dollar” recalls the Andrews Sisters’ “[Rum and Coca-Cola](https://www.youtube.com/watch?v=zGxL2uNr7bk).” ---
**Author:** ![DrDeth](https://avatars.discourse-cdn.com/v4/letter/d/b487fb/32.png) [@DrDeth](https://boards.straightdope.com/u/DrDeth)\ **Post date:** [June 18, 2015, 5:05pm UTC](https://boards.straightdope.com/t/texas-creates-a-gold-depository-to-rival-the-federal-reserve/722692/42 "2015-06-18T17:05:57Z")
> [@Tom\_Tildrum](#): > > Texas gold storage is currently outsourced and privatized with HSBC. That’s not the issue. **HSBC** , _that’s What could possibly go wrong_. > **[BY THE NUMBERS: Here's what you need know about HSBC's money-laundering and...](https://www.businessinsider.com/stats-hsbc-money-laundering-and-tax-evasion-2015-2)** > > HSBC was in trouble over money-laundering problems before. ---
**Author:** ![Bryan\_Ekers](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bryan_ekers/32/183_2.png) [@Bryan\_Ekers](https://boards.straightdope.com/u/Bryan_Ekers)\ **Post date:** [June 18, 2015, 6:19pm UTC](https://boards.straightdope.com/t/texas-creates-a-gold-depository-to-rival-the-federal-reserve/722692/43 "2015-06-18T18:19:59Z")
> [@RTFirefly](#): > > I guess I’m showing my age, but in my case, the phrase ‘Texas depository’ still has unfortunate reverberations from a long-ago November. Only if you still associate Texas with textbooks and education. That linkage has been shaky for quite some time. ---
**Author:** ![naita](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/naita/32/5862_2.png) [@naita](https://boards.straightdope.com/u/naita)\ **Post date:** [June 18, 2015, 7:04pm UTC](https://boards.straightdope.com/t/texas-creates-a-gold-depository-to-rival-the-federal-reserve/722692/44 "2015-06-18T19:04:33Z")
> [@Bryan\_Ekers](#): > > Only if you still associate Texas with textbooks and education. That linkage has been shaky for quite some time. Zing! ---
**Author:** ![running\_coach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/running_coach/32/15836_2.png) [@running\_coach](https://boards.straightdope.com/u/running_coach)\ **Post date:** [June 18, 2015, 8:25pm UTC](https://boards.straightdope.com/t/texas-creates-a-gold-depository-to-rival-the-federal-reserve/722692/45 "2015-06-18T20:25:47Z")
> [@Bryan\_Ekers](#): > > Only if you still associate Texas with textbooks and education. That linkage has been shaky for quite some time. QFT +1 Word 😃 ---
**Author:** ![DrDeth](https://avatars.discourse-cdn.com/v4/letter/d/b487fb/32.png) [@DrDeth](https://boards.straightdope.com/u/DrDeth)\ **Post date:** [June 18, 2015, 8:27pm UTC](https://boards.straightdope.com/t/texas-creates-a-gold-depository-to-rival-the-federal-reserve/722692/46 "2015-06-18T20:27:49Z")
> [@Bryan\_Ekers](#): > > Only if you still associate Texas with textbooks and education. That linkage has been shaky for quite some time. They still need a place to be the Texas book Depository, where you store them until the next book burning. ---
**Author:** ![elucidator](https://avatars.discourse-cdn.com/v4/letter/e/8edcca/32.png) [@elucidator](https://boards.straightdope.com/u/elucidator)\ **Post date:** [June 19, 2015, 4:46am UTC](https://boards.straightdope.com/t/texas-creates-a-gold-depository-to-rival-the-federal-reserve/722692/47 "2015-06-19T04:46:12Z")
They did have, it burned down, fell over, and sank into the swamp ---
**Author:** ![RTFirefly](https://avatars.discourse-cdn.com/v4/letter/r/c77e96/32.png) [@RTFirefly](https://boards.straightdope.com/u/RTFirefly)\ **Post date:** [June 19, 2015, 4:18pm UTC](https://boards.straightdope.com/t/texas-creates-a-gold-depository-to-rival-the-federal-reserve/722692/48 "2015-06-19T16:18:04Z")
> [@Bryan\_Ekers](#): > > Only if you still associate Texas with textbooks and education. That linkage has been shaky for quite some time. :D:D:D [Previous page](https://boards.straightdope.com/t/texas-creates-a-gold-depository-to-rival-the-federal-reserve/722692.md?page=2)