Wednesday, October 17, 2012

Gold at the Federal Reserve Bank of New York

I didn't know this:
The (New York) Fed is also home to "the world's largest accumulation of gold," according to the bank's website. Dozens of governments and central banks store a portion of their gold reserves in high-security vaults deep beneath the building. In recent years, it held 216 million troy ounces of gold, or more than a fifth of all global monetary gold reserves, making it a bigger bullion depository than Fort Knox.
It's in the news because a jihadi tried to blow it up today. He got stung.

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