This is one of the hottest stories on U.S. social networks, but remember the Lead Stories' motto: Just because it's trending doesn't mean it's true!
Yes, it is true that Texas Gov. Greg Abbott signed a bill last month ordering the state comptroller to create a depository to hold the $1 billion of gold bullion owned by the University of Texas. It will be moved from vaults in New York. Gov. Abbott tweeted on June 12, 2015: "Texas is taking its gold back from New York."
Texas is taking its gold back from New York. #txlege @TexasGOP #tcot http://t.co/cjQFsSsMLe
-- Greg Abbott (@GregAbbott_TX) June 13, 2015
Three weeks later, a "breaking" story story by ConservativeTribune.com suggests it was "a move by Texas toward eventual secession from the United States." It quotes economist Edwin Truman, a senior fellow at the Washington-based Peterson Institute for International Economics: "Just moving it (the gold) would be pretty expensive and, unless Texas is anticipating withdrawing from the Union, which I suspect is some peoples' want, I don't see what advantage it is."
But Texas legislators supported the measure to save the $106 annual storage fee for each of the 5,610 bars now stored in New York, not in opposition to "the moves of the left-leaning, ideologically driven management of the federal government by President Obama," as the story says.
The report comes just days ahead of the U.S. military's Operation Jade Helm 15, a training exercise in southwestern states that some Texans have warned is a prelude to Obama's "invasion" of Texas to take citizen's guns and Bibles.
Read: Countdown To U.S. Invasion Of Texas -- Or Not
Lead Stories' Trendolizer is constantly scouring social nets worldwide to find the hottest trending content about Texas and its politics. Scroll down to see what we've found, but remember: Just because it's trending, doesn't mean it's true!
