Fort Knox, the fortified complex in the state of Kentucky where about half of the US government's gold reserves are held, is a byword for security. To be "like Fort Knox" means to be extremely secure and well-guarded. Yet the perception of the United States as a whole as a secure location to store gold is clearly on the wane . The decision by the Dutch central bank recently to move about 86 tonnes (95 US tons) of gold from New York to London highlighted growing concerns among some governments over storing strategic assets in the US and whether they could be readily accessed in a crisis. The De Nederlandsche Bank (DNB) cited "geopolitical unrest" and said moving its gold across different jurisdictions would improve its "crisis preparedness.
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