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Detailed text transcripts for TV channel - FOXNEWS - 20150702:18:25:00

This money, these gold bars we re talking about 500,000 gold bars that weigh 7,000 tons to bring it back within texas borders. the idea here is that they can boost their gold reserves. but really this is about something else. this is about potentially having more control over their gold. it s within texas borders. there is the whole idea of potential potential secession one day. will texas be the only state to do this? will new york say we d like our gold bars back? it seems idealogical in the sense they want the gold reserves in the state in case anything happens. you have to remember. texas is the second largest economy in the u.s. right. so they have a little bit of heft when it comes to doing this type of thing. as you look to other states who probably store their gold in new york city as well it s basically the standard to store some of your gold elsewhere.

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