subject: What Is The Amount Of Gold Deposited In Fort Knox? [print this page] Stories are woven around places with a high level of security and limited access. Conspiracy theories surround facilities such as the well-known Area 51 where alien life is supposed to be studied, as well as time-traveling. Movies and journal editorials are also concerned with the less science-fictional , but much more appealing for contemporary treasure hunters, Fort Knox.
The United States Bullion Depository built on a land belonging to the military is also known as Fort Knox. A large part of the gold reserves belonging to the United States are stored in this fortified vault. At Fort Knox is the second largest amount of gold after the Federal Reserve Bank in New York. The United States Mint also deposited gold reserves in the Philadelphia Mint, the Denver Mint, the West Point Bullion Depository and the San Francisco Assay Office.
Many valuable objects belonging to various countries found shelter and protection at Fort Knox throughout the years. The English Crown Jewels, an exemplification of Magna Carta and also the Declaration of Independence and the Constitution of the United States are among the most important of the items protected by the fortress during wars or crisis. Fort Knox is generally known as impenetrable and it discourages any attempt of intrusion with its 22 ton door and the massive granite walls. Many professionals from the Army having the latest generation equipment are ready to act when any sign of threat appears.
There are 4603 tons of gold bullion at Fort Knox according to the official statements. Gold bars, coin gold bars, made of coin gold with a lower level of purity, and gold coins represent the federal reserve of the United States. Despite the conspiracy theories claiming that the amount of gold has diminished due to economical strategies, the numbers are confirmed by officials and the president promises to increase the transparency in all domains.
The temptation gold represents is almost irresistible. For those who buy gold bullion it is always a challenge to find the best way to protect it. But at Fort Knox security is not a problem. Since there are alarms, video cameras, specially trained police officers and Army units protecting the national gold reserve it is only normal to believe that there is a large amount of gold requiring such military deployment. This gold is a guarantee for the economical power of the country.
