There will never be a gold reserve in Ft Knox, because it puts all the eggs in one basket. Bad from a security standpoint. <br /><br />Instead, they will coin it, sell it (actually, rent it) to the American People, who will keep it safe spread all over the country in their own private vaults... <br /><br />(Where did you think all this gold for "American Eagles" is coming from? Mars? Thin air?) <br /><br />... until they want it back, they will Roosevelt it at the point of a billion bullets. All it will take is one good financial crisis, or perhaps a global war... <br /><br />... over the gold we're storing for the non-Russian Ukranian Govt. Hmmm... <br /><br />Kind of like a savings or war bond, where the "bond" is a golden token. You buy a "bond" for $1350 (or whatever it is) per share, er, ounce, using your Fed Notes. Takes feds out of circulation, bolstering its value. They store their gold in yor vault. They either get it back when you sell them your gold back, or worse, when they take it from you.