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North Dakota Senate rejects bill to invest in gold and silver due to high security costs.
The North Dakota Senate rejected a bill that would have required the state treasurer to invest 1% of the state's general fund in gold and silver, citing high costs for vault construction and security.
The bill, which passed the House, aimed to invest $40 million in precious metals over two years, but critics argued the benefits did not justify the expenses.
The Senate voted against the bill 34-13.
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El Senado de Dakota del Norte rechaza proyecto de ley para invertir en oro y plata debido a los altos costos de seguridad.