Trust and confidence is dwindling.

In another sign that the con game of fake trust is long in the tooth, the state of Texas is on the verge of joining other "nations" (he he!) around the world in repatriating its gold from vaults controlled by others.  They say it will be done in order to save money.  So if it is such a great cost savings, why has it taken so long to finally get around to doing it?  Face it, the state pays $600k per year today.  What state organization can be run for only 600k?  Such an organization doesn't exist!  And then there is the pesky little detail of building the vault in the first place.  How may years worth of external storage will that run?  I'm guessing at least 20 years worth.

So yeah, it's bullshit reasoning that they want to do this in order to save money.  The real reason is that everyone is looking at all of the global instability and they are running the game theory saying what if this, what if that...  And they are coming up with the same things I have been saying for years like possession is 9/10ths of the law during a crisis and he who has the gold makes the rule.  Gold will certainly have to be the basis of any new monetary system that is trotted out before the people once the global fiat currency system dies.  And if Texas wants to keep all its options open, including the secession option, then it will need cold, hard cash (AKA gold) in order to gain the confidence on the people for accepting Texas bux (which the "leaders" of TX will invariably start cheating on as soon as the people accept the new paper money with fake promises of gold backing....).

Anyone who thinks that this global economic mess can end any way except badly is a blithering idiot IMO.  I cannot tell you when it will collapse but I do know that it will simply because math, logic and of course history demand it.  I hope everyone has been making at least some kind of preparations because I suspect charity will be very hard to come by when the herd becomes scared and angry.