From what I understand, Fort Knox having gold is just used to distract from it really being underneath a building in a secure complex in New York. If it has some it’s miniscule to what was there in say the 1950s.
Fort Knox holds about 4.6 thousand metric tons; the Federal Reserve in NY has about 6 thousand.
You can take a tour if you’re there. They put the gold in the basement, directly on the bedrock because it’s too expensive to build floors strong enough to hold it. You go down a security elevator and end up in a trap with the most intense locking mechanism you will ever encounter.
That said, the vast majority of what the Fed does, isn’t in gold. Their daily cash transactions dwarf the total amount of physical gold
This is correct. We don’t store the US’s gold there. We do store some valuable stuff like the crown jewels of either Denmark or the Netherlands there, but theft from Fort Knox would be all but impossible. I’m not gonna say that Ethan Hunt couldn’t do it, but knowing what the security system entails there, it would take an Ethan Hunt, or Jason Borne, to pull it off.
From what I understand, Fort Knox having gold is just used to distract from it really being underneath a building in a secure complex in New York. If it has some it’s miniscule to what was there in say the 1950s.
Your understanding is correct.
Fort Knox holds about 4.6 thousand metric tons; the Federal Reserve in NY has about 6 thousand.
You can take a tour if you’re there. They put the gold in the basement, directly on the bedrock because it’s too expensive to build floors strong enough to hold it. You go down a security elevator and end up in a trap with the most intense locking mechanism you will ever encounter.
That said, the vast majority of what the Fed does, isn’t in gold. Their daily cash transactions dwarf the total amount of physical gold
This is correct. We don’t store the US’s gold there. We do store some valuable stuff like the crown jewels of either Denmark or the Netherlands there, but theft from Fort Knox would be all but impossible. I’m not gonna say that Ethan Hunt couldn’t do it, but knowing what the security system entails there, it would take an Ethan Hunt, or Jason Borne, to pull it off.
Just a regular Monday for Nicolas Cage.