@BeardededSquidward@lemmy.blahaj.zone
Post #2731442
2026-05-11 14:20 UTC
Replies (2)
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@nednobbins@lemmy.zip 2026-05-11 14:50
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
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@AngryCommieKender@lemmy.world 2026-05-11 14:46
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.