Gold depository could soon be on its way to Texas

http://www.star-telegram.com/news/politics-government/6gg323/picture77795697/ALTERNATES/FREE_960/gold

Texas’ gold depository is still in the works but officials say Texans will soon have a place to store their gold bullion and other precious metals. zentilia Getty Images/iStockphoto

 

 

  • A Texas Bullion Depository could soon be in the works
  • One proposal calls for building a facility in Shiner
  • A depository could be in place by late this year or early next year

Tarek Saab has a golden vision for Texas.

So he, and his company — Texas Precious Metals — set up a booth at the Republican Party of Texas state convention in Dallas to tell Texans about it.

“Texans as a group are some of the largest gold buyers in the world,” said Saab, chief operating officer of the company. “The only options they have to store it right now are in a bank or their home.”

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