Texas wants to take Physical possession of their gold from NY Fed. $1 Billion worth

Texas has a bill in their house to take physical possession of the state of Texas owned gold from the NY Fed.

In 2011 The University of Texas purchased $1 Billion worth of gold with the help of an asset manager.  At that time it was said "To want physical gold and not paper certificates was a form of anarchy."

From above link about purchase of gold:

“If you own a paper contract where they can only deliver you 10 cents on the dollar or less, you should probably convert it to physical,” said Bass, who isn’t related to Fort Worth’s billionaire Bass family. He said holding cash wasn’t a better choice because the rate of inflation exceeds money-market rates by 2.5 percent to 3 percent, eroding the value of cash.
“The call to take delivery is more of a challenge to the system and it borders on the anarchistic,” said Ralph Preston, a principal at Heritage West Financial Inc., a San Diego company that specializes in futures trading. “It’s like the Republicans trying to overturn President Obama over the birth certificate issue. It’s poor sportsmanship.”

They left the gold at the NY Fed.  Now they want the physical gold in Texas.

Portions:

Call it the Rick Perry gold rush: The governor wants to bring the state’s gold reserves back from a New York vault to Texas.

And he may have legislative support to do it. Freshman Rep. Giovanni Capriglione, R-Southlake, is carrying a bill that would establish the Texas Bullion Depository, a secure state-based bank to house $1 billion worth of gold bars owned by the University of Texas Investment Management Company, or UTIMCO, and currently stored by the Federal Reserve.
“For us to have our own gold, a lot of the runs on the bank and those types of things, they happen because people are worried that there’s nothing there to back it up,” Capriglione said. “So I think this cures a problem before it can happen.”Physically transporting gold that various state entities own from New York City or other banks to Texas would be impractical from a security and logistics standpoint, Capriglione said. He believes it makes more sense to sell the gold Texas has elsewhere and repurchase it within state lines.

We can take a guess on whose side Capriglione is on and who he works for.  He wants to sell it and then repurchase it?  

How many individual states own physical gold?  Besides countries want to repatriate their gold, the individual states of the United States need to get their physical gold in their state.   

Will Texas get their gold?  I can only imagine there are many threatening phone calls going on right now about this issue.  The threats may stop Texas from repatriating their gold, since we know the gold  is not there.   How many thousands of tons of gold is suppose to be at the NY Fed for states and other countries?   

Do I believe Texas will get their physical gold?  No, I don't.  They will be threatened with their lives for daring to ask for what is rightfully theirs and what they paid for.   With the Fed, you can give them your money, but don't dare ask for it back.  They are the biggest ponzi scheme in the world.  They will sell you something they don't have multiple times.  

It is time for the States to begin standing up to the Ponzi scheme of the Federal Reserve and Wall  Street.   It is time for the States to use their Supremacy Clauses to the unconstitutional Federal Laws.   It is time for the people to stand up and Call for Freedom!