All central banks and big commercial banks keep reserves of gold in what they consider secure locations. Obviously they distribute their gold around different locations, the Federal Exchange (remember the Die Hard movie, I think it was 2 in the franchise, where some terrorists smash into the Fed and the good guys, Bruce Willis and Samuel L Jackson have to get the bullion back? Yeah.
Well it's nothing like that but there is a big, highly fortified and heavily guraded vault full of gold.
There's one at the bank of England too, Britain and the USA are considered safest from invasion.
So if The Fed is so safe, how come German's gold went walkabout?
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