Jan 05, 2025
House Bill 1062, filed by Texas Representative Mark Dorazio, proposes the state acquire $4 billion in gold and $1 billion in silver to be stored in the Texas Bullion Depository. The bill seeks to protect Texas’s financial reserves from inflation and the declining value of the U.S. dollar by diversifying the state’s assets. If passed, it could position Texas as a leader in financial preparedness and independence.
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