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Leander Named Host Of Texas' First Gold Depository
An Austin suburb has been named as the location for the state’s first gold depository.
Texas Comptroller Glenn Hegar said the city of Leander will become the home of the Texas Bullion Depository.
Hegar said the creation of Texas’ first gold depository began as a bill, and was signed into law in 2015. The law allowed the comptroller to select Lone Star Tangible Assets, a private precious metals firm to build and run the depository and allowed his office to monitor its operation.
Hegar said many gold investors in Texas currently store their gold in either out-of-state facilities or within a private Texas firm’s vault.
Read more: http://tpr.org/post/leander-named-host-texas-first-gold-depository