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The bar association pursued its own lawsuit against Paxton in 2022, and at the time, the committee said it sought to punish Paxton through disciplinary action as an attorney and not as a public official. The bar complaint alleged that Paxton “misrepresented” facts to the Supreme Court in the suit seeking to overturn Biden’s victory.
As of Oct. 26, 2023, the price of 1 gram of gold is $64.16, whereas a gold bar that weighs a kilogram would fetch $64,160.67. How much is a 1-pound gold bar worth?
The Texas bar association is investigating whether Ken Paxton's failed efforts to overturn the 2020 presidential election based on bogus claims of fraud amounted to professional misconduct.
The product has flown off the shelves, with Costco raking in a reported $200 million per month in gold bar sales. Demand has been so great that the retailer has begun to offer platinum bars .
In 2015, Inc. (magazine) recognized Texas Precious Metals as a member of the Inc. 500. Texas Precious Metals, the largest subsidiary of Kaspar Texas Traditions comprising 99.8% revenue, was ranked the #200 fastest growing private company in America with a 3-year growth rate of 2,095%. [8]
The University of Texas Investment Management Company (UTIMCO) has gold bullion stored in New York, worth $647 million. [20] According to Lois Kolkhorst, HSBC Bank in New York City charges Texas a fee to store each individual bar of gold. [21] HB 483 does not require UTIMCO to move the $647 million in precious metals back to Texas.
The Treasury began its own gold sterilization policy in order to stop inflation from potentially increasing due to an increase in inflow of gold into the U.S. soon after the Fed enacted the same policy. Gold holdings more than doubled in the period of 1935 to 1940. [3] This lasted for 16 months from 1936 to 1938.
Gold prices surged in 2024, rising 26 percent, narrowly beating the S&P 500’s return of 25 percent and leaving investors wondering if there’s more room to run or if it’s time to sell.