---
title: North Carolina Considers State-Run Bullion Depository
description: North Carolina considers establishing a state bullion depository to securely store precious metals and challenge the Federal Reserve's monetary monopoly.
---

[Transactional Gold State News ](https://transactionalgold.com/transactional-gold)

# [North Carolina Considers State-Run Bullion Depository](https://transactionalgold.com/transactional-gold/north-carolina-considers-state-run-bullion-depository)

 Written by [Transactional Gold Team](https://transactionalgold.com/transactional-gold/author/transactional-gold-team) | Jul 3, 2023 3:15:00 PM

​In June 2023, the North Carolina House State Government Committee approved House Bill 721 (H721), introduced by Rep. Mark Brody and three co-sponsors, mandating a cost-benefit analysis for establishing a state-administered bullion depository. This proposed depository would securely store precious metals and facilitate their use in everyday financial transactions, potentially challenging the Federal Reserve's monetary monopoly. The bill allocates $50,000 for the study, reflecting North Carolina's interest in following states like Texas, which established a state bullion depository in 2015. <https://blog.tenthamendmentcenter.com/2023/06/north-carolina-house-committee-passes-bill-to-explore-creation-of-state-bullion-depository/>

Learn more: [ShiffGold](https://www.schiffgold.com/key-gold-news/north-carolina-bill-would-launch-study-of-a-state-gold-bullion-depository)

[View full post](https://transactionalgold.com/transactional-gold/north-carolina-considers-state-run-bullion-depository)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Transactional Gold Team"
  },
  "dateModified" : "2026-06-19T13:43:47.545Z",
  "datePublished" : "2023-07-03T15:15:00Z",
  "headline" : "North Carolina Considers State-Run Bullion Depository",
  "image" : {
    "@type" : "ImageObject",
    "height" : 1024,
    "url" : "https://48199262.fs1.hubspotusercontent-na1.net/hubfs/48199262/AI-Generated%20Media/Images/north%20carolina%20gold%20bullion.jpeg",
    "width" : 1024
  },
  "mainEntityOfPage" : "https://transactionalgold.com/transactional-gold/north-carolina-considers-state-run-bullion-depository",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Transactional Gold State News"
  }
}
```