Texas could build its own Fort Knox to keep its unusual stash of 5,600 solid gold bars - worth $650million - inside the borders of the Lone Star State. The state government, unlike any other, owns a huge savings reserve of precious metal, held in physical form underground in Manhattan. Its savings reserve has been stashed in a vault owned by HSBC for years - but now lawmakers in the state have decided it all needs to come back to Texas for safekeeping. What is less clear, however, is where the valuable haul will be kept once it makes the 1,200-mile journey from New York to the Texas border.Unlike other states, Texas keeps reserve of precious metals in huge vaultCurrently keeps the stash - worth some $650million - in ManhattanLawmakers recently voted to repatriate the precious metal to keep it safeBut it has nowhere to keep a huge gold reserve - posing a problemRaises prospect of state needing to build a Fort Knox-style safehouseSome have suggested private providers could foot bill then charges fees
And _ officials have yet to spell out a plan for holding the reserves - prompting speculation that it may have to stump up for a secure building like Fort Knox, the heavily-guarded holding place for billions of dollars' worth of gold bullion held by the federal government.