It's actually open to the public. They give tours. I did it once. The door cylinder not only rotates, it lowers, too. They demonstrate it with the tour group INSIDE the vault. There's a stack of bars displayed for the tourists to oggle. The tour guide says that you can try to take one, but all of their gaurds have awards for marksmanship.
HI Sam! Big thanks to Amy for being willing to break into the vault so she could get all of the footage for this video. She deserves more granola bars!
Sam mispronouncing "Nassau" won't stop us from finding the gold cause we can read th street name signs, me and my bricks (I mean soup for my fam) are on our way to liberate their (gold) brick cousins
First time I've been able to say "OMG I've been there!" for an HAI video! You can feel the claustrophobia when they close that vault door! A couple of other fun facts I learned on my tour: 1. The only two countries the FED will publically reveal as depositors is the United States and Iran. This is because the US confiscated Iran's gold after the Shah was overthrown in the 70s. 2. Vault workers wear special magnesium shoe covers because Gold bars of the national reserve kind are very dense, dropping one would probably break your foot. 3. You can touch the gold in the cages with your finger if they're small enough from the vault atrium. 4. How did I get to see the Vault? School groups of grades 7 and Up are allowed to tour the FED's Museums and Gold Vault (if the Vault is available for touring that day). Also a Vault Tour is included for high school students participating in the FED Challenge.
2. Any (at least somewhat pure) gold is very dense, that's one of gold's main properties. And any large amount of dense metal can break your foot, obviously
Confiscate... gold? It's not a weapon how does that make sense? Can the US just confiscate money? Was it obtained illegally? If it was why did the us take the gold instead of an international group like the un for international law or the country it was actually taken from? That's so insane actually.
@@Bob_Smith19 LPL will probably need more than a wave rake or a piece of a Red Bull can, tho. And even the TTBBAIM (The Tool Bosnian Bill And I Made) is probably not good enough, either.
One of the other reasons The Netherlands has gold overseas is because they don't want that gold to be stolen if the country is invaded, like what happend to the gold left in The Netherlands during WW2.
So this begs a very obvious question... ...What happens if the United States gets invaded? 🤔 (We used to ask the same question about the UK too, but 2016 solved that problem... 😉)
@@TripleOmega Shit, I forgot that I did not log out of my kid's account. He goes to a private school outside of Washington D.C. Don't know where the pony stuff or whatever came from
I run the central bank of South America and I just took a break from watching tik-tok all day to check this video out before doing a bit of masturbating.
From the blast? I'm sure it's safe. From the debris blocking your exit until you died? Probably not. Even if you did get out what are you doing about the radiation?@@cucuawe465
The FBI interviewed the director script writer of Die Hard 3 because the heist plan to rob the Federal reserve of New York was so realistic. Sad this wasnt mentioned
_Security guard 1 looks around nervously_ Security guard 1: So guys... I was thinking... How about we just take a little bit? Security Guard 2: Yes! Auditor: Oh my god, finally you asked, YES!
I had a friend that was hired as security for one of the federal reserves he said it was the most absolutely boring job of just sitting in a room with no windows staring at locks rooms
So that part in Die Hard with a Vengeance where they are stealing the gold in a vault in NYC is based on a real vault. This is more than half as interesting.
Fun Fact: the plot of that Die Hard was so plausible the FBI contacted the screenwriter about how accurate the information he had was and where he got it from
@@Coyotek4 almost exactly a year ago I started listening to Johnny comes marching home non stop. Both the die hard and old (with lyrics) version and I still to this day listen to it constantly. Such a banger from such a good movie
@@scotandiamapping4549Basically the old City of London is a tiny city within greater london with special laws conserning it, making it a trade hub. Also it has a Lord-Mayor dressing in fancy clothes.
@@scotandiamapping4549 The US dollar is the world's currency, and the City of London is the world's money laundering hub, so I'm not surprised the dollars would end up there.
@@WanJae42 Oh no! It's a somewhat classier operation than that don't you know! Smart suits, briefcases, umbrellas, bowler hats and... and ... *doughnuts*? The very idea!
That may have been the case once upon a time, but since the events of 2016 I wonder if there's even a single Sovereign left in there now... 🏚 (And I don't mean His Majesty when he's inspecting the space and considering the ways it could be repurposed... 😉)
@@dieseldragon6756 I went to their website before making the assertion. I assume they know their own business. You may not like Brexit any more than the Establishment does but don't let your political philosophy cloud your judgement.
I never viewed metals as an investment, but I always saw it as a great way to save your cash & retain the value from when you bought it. It’s not hard to turn it to liquid cash, and it beats letting inflation destroy your savings.
You are in for a nasty surprise, my friend. Gold is often hailed as a hedge against inflation-increasing in value as the purchasing power of the dollar declines. However, government bonds are more secure and have shown to pay higher rates when inflation rises, and Treasury TIPS provide built-in inflation protection.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
The heist in Die Hard with a Vengeance was exactly to steal this gold, but HAI just showed us that the vault not as shallow as it was in the movie. Mildly interesting, I guess
It makes sense that the dog digging for gold is a golden retriever. Was this on purpose or just a choice to include the sweetest most beautiful dog that looks cute?
a few years back I heared a story how germany wasn't so sure all their gold was in good hands so they needed to go through a lot of trouble so they could count their actual gold bars in the vault.
This is true. In 1998 the German Audit Office was not so sure that the US Fed, the Banqe de France and the Bank of England were really honest with the purity and the weight of the stored gold bars. And it took a suspiciously long time to grant the German Auditors access to the US Gold Vault. So they brought back around 1500 tons of gold from these storages.
@@Skoell1983Sounds like a conspiracy theory, do you have any sources? Yes, some gold was brought to Frankfurt, but "only" 300 tons from NY, with more than 1200 tons remaining there. The question is whether the reason for that was suspected or actual mishandling by the US (and French) reserve banks. That's certainly not the official take. If it were, why would most gold be left there? (Oh, probably because it was *stolen* by certain elites, but the government is covering it up? Is that it?) The official reason for the redistribution was that the Paris deposit was no longer necessary due to the common currency between Germany and France (the gold being used to trade for foreign currency), plus the wish to keep 50% of the gold local in Frankfurt to increase the nation's confidence in its central bank (in the context of the Eurozone debt crisis). Source: AFP citing the German institutions - faktencheck.afp.com/doc.afp.com.33R24DF
Al lot of gold in this vault isn’t from the USA. The Netherlands store approx 200ton here, another 200 ton in Ottawa and Londen, the rest in the Netherlands.
@@randomgeocacher Bruh I'm 22 and I've seen Die Hard with a Vengeance. It appeared on TV 2 weeks ago in my country. Also fun fact, here its not called Die Hard with a Vengeance. Its called "Die Hard: Mega Hard" over here in Europe.
I’m pretty sure Nassau Street, like the nearby county is pronounced NASS-aw. But as a former resident I could be wrong. However Nevada is definitely Ne-VAD-uh, and others will correct you.
It should be pronounced like the last name of the Dutch King. And it wasn't perfect pronunciation but decent enough. A lot closer then for example van Gogh
@@ecnoid Actually, it's a German term. The House of Nassau came from the County of Nassau in western Germany, which was centered on, unsurprisingly, the city of Nassau.
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k,but guess what? I put it all back and traded again and now I am rounding up close to a million
Extremely interesting video, I enjoyed all of the background tidbits a lot, such as numbered accounts for countries. Please do more banking-related videos, I don't know enough to start a central bank (plus would need to found a country for it) so there is still a lot of territory to cover here. Excellent use of time.
I mean you could place chemical bombs in the subway set to explode once reaching the reserve, damaging all the subway infrastructure around it and using yourself and a large crew as coverup team for rescue and repairs, and use that to get into the reserve and load the gold into dump trucks, meant to look like they're full of rubble. But of course a film crew thought of that nearly 30 years ago when making "Die Hard with a Vengeance", and was apparently so well thought out it got the Feds concerned.
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he country with the most gold is the United States, with 8,133 metric tons in the American gold reserve. This amounts to a value of $480.84 billion, going by the price of gold at the beginning of January 2023,which can repay 55% china debts
I find it amazing that all of that gold would fit into a backyard swimming pool... (gold is so dense and valuable that it defies intuitive understanding! There is @20 metric tons per cubic meter, or about $67,000,000)
Lots more interesting things about this than you'd find on the Fed site. For example that the Fed is a private company, originally owned by the NY big banks, but we don't know who owns it today. Or that that right across from this vault there's another vault, rumored to be connected by a tunnel. The sister vault used to belong to JPM, until China bought it. And then there's the question of what actually happens to that gold. When Germany asked for their gold back I believe in 2011, the Fed said it would take 8 years to return it. By comparison it took Venezuela mere months to move similar amounts from London to Caracas. That suggests that the Fed no longer had the German gold on hand, and had to find a new source.
If I'm calculating this correct, the Fed says it has 6,331 metric tons of gold in this vault. That converts to 203, 546, 400 troy ounces. That amount of gold at a price of $2,634.10 per 100 troy ounces (the gold futures price on October 8, 2024 in the evening) equals $5,361,615,722.40 of gold. And if that's 5% of the world's total gold.....there's $107,232,314,448 worth of known gold on earth.
Easier to just grab a bag full of it from an armored car, like this guy did in NY, we was walking by the truck and saw the bag unattended and just picked it up and walked off. I think it was $10 million in gold? Or something. The one guard got a phone call, so he was distracted, the other one was sitting in the drivers seat and didn't notice.
Federal reserve system prints money that are not based on any value, then borrow to different countries and when they cannot pay back, the loan has to be given back in assets like land or etc
It's not a private bank. Member banks are required to purchase stock in District Reserve banks that give them a vote in directors for their region, but the national Federal Reserve Bank has a board of directors that is appointed by the President and confirmed by the Senate. It's also accountable to Congress rather than its member banks. Also any income above operating expenses and a surplus account goes to the US Treasury rather than back to its members.
They do public tours! Or at least used to, went down to see the gold myself back in 2012--neat tourist activity if you're into seeing the largest gold reserve in the world and learning a bit about the federal reserve on the side.
Sam mispronouncing "Nassau" won't stop us from finding the gold cause we can read th street name signs, me and my bricks (I mean soup for my fam) are on our way to liberate their (gold) brick cousins
They should bring back elaborate traps. A ball of stone roling down the corridor or snakes from the ceiling is much cooler than some metal cellar with a door. It might be more expensive and less secure, but I don't care. That's not where I keep my gold
"Instability wasn’t a problem in all countries, so we need to ask why some banking systems were unstable or panic-prone, while others were stable. The US banking system was panic prone in the late 19th century while the Canadian system was not. The English system was panic-prone while the Scottish system was not. The behavioral differences were not random or mere facts of nature, but grew directly from differences in the legal restrictions constraining the banks. The Canadian and Scottish systems, unlike the US and English systems, allowed their banks to adequately diversify, and to respond to peak currency demands, thus allowing banks to be more solvent and more liquid, and thus avoided loss of confidence in the banks. The problem in the US and England was not the gold standard, or a flaw in “the theory of the gold standard,” but ill-conceived legal restrictions that weakened the banking systems." - David Glasner
To rob it you'd need at least a dozen guys doing a combination of cons. Off the top of my head, I'd say you're looking at a Boeski, a Jim Brown, a Miss Daisy, two Jethros and a Leon Spinks, not to mention the biggest Ella Fitzgerald ever.
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According to the graphic, and assuming those are London Good Delivery Bars at 400 Troy ounces, and given today’s price of gold, Canada values Taylor Swift at $2,427,600
Everyone who's watched Die Hard with a Vengeance already was well aware of this. I remember leaving the WTC and walking in a random direction, finding myself here, and thinking "Holy Shit, Die Hard!" The square beyond it where they blew a hole in the ground was surprisingly smaller than it looked in the movie. I mean, it was almost certainly a set piece, and not the actual square, but it's pretty cool. Fun fact, Die Hard with a Vengeance is, objectively, the best one. Everyone likes to say it's the first one, which is definitely a Christmas classic, but how can you say it's better than Bruce Willis and Samual L Jackson talking smack to eachother on a mad dash across New York City answering pay phones?
That explains why the only „Gold“ that remains in the Bank of England is the paint around the lead ingot they have on display in the museum. Since 2016 the UK hasn't had the money for gold bars anymore... 😉 We still have a Sovereign of course, but he's presently sat in Buckingham Palace. 😇
It's actually open to the public. They give tours. I did it once. The door cylinder not only rotates, it lowers, too. They demonstrate it with the tour group INSIDE the vault. There's a stack of bars displayed for the tourists to oggle. The tour guide says that you can try to take one, but all of their gaurds have awards for marksmanship.
That’s so cool
Thats a brutal flex
I went too years ago. They gave $50 in cash to everyone at the end! Unfortunately it was no longer usable and shredded!!😂
wait what? they gave you shreddded cash?@@michaelcheetham
I did the tour it's still amazing
HI Sam!
Big thanks to Amy for being willing to break into the vault so she could get all of the footage for this video. She deserves more granola bars!
😂
Now all of the criminals and terrorists knows ❗
This is not half as interesting. This is fully interesting. (Also we need more videos about Bricks)
this is kinda about bricks (of gold)
Sam mispronouncing "Nassau" won't stop us from finding the gold cause we can read th street name signs, me and my bricks (I mean soup for my fam) are on our way to liberate their (gold) brick cousins
Nah only like 6 mins. Full as interesting videos are all over 10 mins.
Bricks!
I must watch too much Mission Impossible. I found myself going, "OK if I want the gold, I'd need to blast here, dig there, evade the lasers..." 😂
First time I've been able to say "OMG I've been there!" for an HAI video! You can feel the claustrophobia when they close that vault door! A couple of other fun facts I learned on my tour:
1. The only two countries the FED will publically reveal as depositors is the United States and Iran. This is because the US confiscated Iran's gold after the Shah was overthrown in the 70s.
2. Vault workers wear special magnesium shoe covers because Gold bars of the national reserve kind are very dense, dropping one would probably break your foot.
3. You can touch the gold in the cages with your finger if they're small enough from the vault atrium.
4. How did I get to see the Vault? School groups of grades 7 and Up are allowed to tour the FED's Museums and Gold Vault (if the Vault is available for touring that day). Also a Vault Tour is included for high school students participating in the FED Challenge.
That's crazy. :D
I feel like the shoes became a standard thing because it had happened multiple times lol
2. Any (at least somewhat pure) gold is very dense, that's one of gold's main properties. And any large amount of dense metal can break your foot, obviously
Wait the us stole all of irans gold?
Confiscate... gold? It's not a weapon how does that make sense? Can the US just confiscate money? Was it obtained illegally? If it was why did the us take the gold instead of an international group like the un for international law or the country it was actually taken from? That's so insane actually.
What can be better than a video about bricks? A video about golden bricks!
More bricks
This is the Lock Picking Lawyer, and today I have for you this 90 tons solid steel cylinder...
So much yes!
That was my thought as well. Maybe needs a bit of help from Bosnian Bill as well on this job.
What tool tool from Covert Instruments will he be using? I’m assuming a special tool that he created along with/ Bosnian Bill.
@@Bob_Smith19 LPL will probably need more than a wave rake or a piece of a Red Bull can, tho. And even the TTBBAIM (The Tool Bosnian Bill And I Made) is probably not good enough, either.
Naturally :-) @@Bob_Smith19
One of the other reasons The Netherlands has gold overseas is because they don't want that gold to be stolen if the country is invaded, like what happend to the gold left in The Netherlands during WW2.
It's still in a foreign vault full of German gold though, so not much has changed in that sense.
there goes my plans
As did the U.K. sent a lot of theirs to Canada.
So this begs a very obvious question...
...What happens if the United States gets invaded? 🤔
(We used to ask the same question about the UK too, but 2016 solved that problem... 😉)
@@dieseldragon6756 an obvious answer-
Mutually assured destruction via nuclear holocaust
"Thousands of tourists and white-collar criminals walk down these streets every day."
best line ever!
Don't forget Simon Peter Gruber!
Within the first 10 seconds of the video, no less
so edgy
I had to pause when he said that, just to stop and appreciate the joke.
@@Inspadave Facts aren't edgy.
Thank you! I am actually working as the top man of the German federal bank and had no idea where our gold was, so thanks!
Is this true? if so that is so cool, altho I can't tell if this is sarcastic or not.
@@ReactaDev this was obviously a joke
@@Jules.D I figured, but was not 100% sure lol.
Na denn, glückwunsch! XD
Looking at the videos this Channel has posted I’m gonna assume it’s cap
I run the European central bank and I find this to be a great use of my valuable time.
can I get my money back?
TIL the European central bank is run by a brony from Maryland. No wonder we have issues here.
@@TripleOmega Shit, I forgot that I did not log out of my kid's account. He goes to a private school outside of Washington D.C. Don't know where the pony stuff or whatever came from
Madame Lagarde, I didn't expect you in this comment section!
I run the central bank of South America and I just took a break from watching tik-tok all day to check this video out before doing a bit of masturbating.
I toured the vault in 2003, and they said the people in the vault didn’t feel the twin towers fall four blocks away.
At first i read this as "I torched the vault in 2003" lol
@@confusion8579 That would've been interesting. 😂
You probably won't realise even if a meteorite hit the earth
I wonder how safe it is from a nuclear strike.
From the blast? I'm sure it's safe. From the debris blocking your exit until you died? Probably not. Even if you did get out what are you doing about the radiation?@@cucuawe465
The FBI interviewed the director script writer of Die Hard 3 because the heist plan to rob the Federal reserve of New York was so realistic. Sad this wasnt mentioned
Hollywood has better imaginations than federal bureaucrats, how surprising 🙄😅😅
uh because they make movies and the feds do their government stuff @@scottanno8861
_Security guard 1 looks around nervously_
Security guard 1: So guys... I was thinking... How about we just take a little bit?
Security Guard 2: Yes!
Auditor: Oh my god, finally you asked, YES!
I had a friend that was hired as security for one of the federal reserves he said it was the most absolutely boring job of just sitting in a room with no windows staring at locks rooms
Sounds like a dream
And probably not even allowed to listen to a podcast or music while doing it. Or read a book
@@aBitterMelon More like a nightmare lmao. There's no up to that job.
Yeah, probably no WiFi, I would imagine. @@MrJimheeren
@@bubber621secret services handles anti counterfeiting and anti executive assassination attempts duties
Anyone else first learned about this place because they saw Die Hard With A Vengeance?
✋
"Fort Knox....is for tourists"
It's actually a documentary with your host, Jeremy Irons 😂
Doo doo doo doo.. doo doo.. doo doo.. doo doooooo..... doo dooooooo...
So that part in Die Hard with a Vengeance where they are stealing the gold in a vault in NYC is based on a real vault.
This is more than half as interesting.
Fun Fact: the plot of that Die Hard was so plausible the FBI contacted the screenwriter about how accurate the information he had was and where he got it from
I was about to also comment about whether or not this was the vault from Die Hard 3, that was my first thought when he mentioned gold under Manhattan
@@Nova3482 interesting
I did hear that they would need 400 dump trucks to move all of the gold instead of the 14 in the movie
At least 60% as interesting.
Or as most people know it… the gold vault from die hard 3… still one of the best heist movies of ALL time
IMO the last 'good' Die Hard movie.
Jeremy Irons made it look so easy.
@@Coyotek4 almost exactly a year ago I started listening to Johnny comes marching home non stop. Both the die hard and old (with lyrics) version and I still to this day listen to it constantly. Such a banger from such a good movie
How does one explain the security of the federal reserve without mentioning die hard 3?
What I love about the US economy is most of its dollar bills actually sit in the City of London (in the city of London (in Greater London)).
I'm going to need a bit of context for that
@@scotandiamapping4549Basically the old City of London is a tiny city within greater london with special laws conserning it, making it a trade hub. Also it has a Lord-Mayor dressing in fancy clothes.
@@velenteriushendeneros3251 no I know what the city of London is. I meant I wanted context on why most US dollar bills were in it
@@scotandiamapping4549 Well, I would imagine it is the fortunes held in the cities banks.
@@scotandiamapping4549 The US dollar is the world's currency, and the City of London is the world's money laundering hub, so I'm not surprised the dollars would end up there.
The UK's Bank of England is the second largest gold vault in the world after New York. It operates in exactly the same way.
It's also under a doughnut shop?
@@WanJae42 it's the UK it's under a pub.
@@WanJae42 Oh no! It's a somewhat classier operation than that don't you know! Smart suits, briefcases, umbrellas, bowler hats and... and ... *doughnuts*? The very idea!
That may have been the case once upon a time, but since the events of 2016 I wonder if there's even a single Sovereign left in there now... 🏚
(And I don't mean His Majesty when he's inspecting the space and considering the ways it could be repurposed... 😉)
@@dieseldragon6756 I went to their website before making the assertion. I assume they know their own business.
You may not like Brexit any more than the Establishment does but don't let your political philosophy cloud your judgement.
I like how you made it all the way to the end without mentioning Die Hard 😂
Fr!
The movie is older than him actually.
@@soundscape26 😄😆🤣
I never viewed metals as an investment, but I always saw it as a great way to save your cash & retain the value from when you bought it. It’s not hard to turn it to liquid cash, and it beats letting inflation destroy your savings.
You are in for a nasty surprise, my friend. Gold is often hailed as a hedge against inflation-increasing in value as the purchasing power of the dollar declines. However, government bonds are more secure and have shown to pay higher rates when inflation rises, and Treasury TIPS provide built-in inflation protection.
Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
The heist in Die Hard with a Vengeance was exactly to steal this gold, but HAI just showed us that the vault not as shallow as it was in the movie. Mildly interesting, I guess
"Mildly Interesting" sounds like a winning RUclips channel name!
@@61rampy65 from what I know, it is a popular thread in Reddit
Well tbf they show that tunnel digger digs into the top of the vault, so tgey could have been drilling from the subway station downwards.
What a nice video about bricks. More specifically, about 5% (by mass) of premium bricks made out of gold.
@0:05 "Thousands of tourists and white collar criminals walk down these streets every single day" lmao
It makes sense that the dog digging for gold is a golden retriever. Was this on purpose or just a choice to include the sweetest most beautiful dog that looks cute?
a few years back I heared a story how germany wasn't so sure all their gold was in good hands so they needed to go through a lot of trouble so they could count their actual gold bars in the vault.
This is true. In 1998 the German Audit Office was not so sure that the US Fed, the Banqe de France and the Bank of England were really honest with the purity and the weight of the stored gold bars. And it took a suspiciously long time to grant the German Auditors access to the US Gold Vault. So they brought back around 1500 tons of gold from these storages.
@@Skoell1983Sounds like a conspiracy theory, do you have any sources?
Yes, some gold was brought to Frankfurt, but "only" 300 tons from NY, with more than 1200 tons remaining there. The question is whether the reason for that was suspected or actual mishandling by the US (and French) reserve banks.
That's certainly not the official take. If it were, why would most gold be left there? (Oh, probably because it was *stolen* by certain elites, but the government is covering it up? Is that it?)
The official reason for the redistribution was that the Paris deposit was no longer necessary due to the common currency between Germany and France (the gold being used to trade for foreign currency), plus the wish to keep 50% of the gold local in Frankfurt to increase the nation's confidence in its central bank (in the context of the Eurozone debt crisis).
Source: AFP citing the German institutions - faktencheck.afp.com/doc.afp.com.33R24DF
@@Skoell1983 The stated amount of gold is not there.
True
I already knew most of this from an excellent documentary called Die Hard with a Vengeance
Whichever unpaid intern came up with the skit of the dog tunneling into the gold vault and being arrested is a real gem
Al lot of gold in this vault isn’t from the USA.
The Netherlands store approx 200ton here, another 200 ton in Ottawa and Londen, the rest in the Netherlands.
"you are using a masterlock it can be opened using a masterlock" 5:00
I’m about to make so many Die Hard With a Vengence references in my head
John McClaine has entered the chat.
imagine if someone brought in a glove that scraped up tiny shavings of gold off the bars and sold it without anyone knowing
For further information, please watch "Die Hard with a Vengeance"...Also watch this if you've like to solve the 2 water jugs riddle.
Die Hard with a Vengeance taught me about this when I was a little kid.
Nice, but anyone who watched Die Hard with a Vengeance knows all of this!
Agreed. Also their plan in that movie was so good, the fed and the secret service got concerned and made changes to security based on it.
Fort Knox? Ha! It's for tourists.
Having seen that movie kind of out us as 30-50 year old RUclips commenters :-)
@@randomgeocacher Bruh I'm 22 and I've seen Die Hard with a Vengeance. It appeared on TV 2 weeks ago in my country. Also fun fact, here its not called Die Hard with a Vengeance. Its called "Die Hard: Mega Hard" over here in Europe.
I’m a Fed employee and have toured this vault. It’s an absolutely impressive operation.
"thousands of tourists and white collar criminals" lol😂
The second half of this video is seriously just the preplanning stage debrief of a heist movie. I kinda love it.
Finally a video about bricks (gold bricks)
3 gentlemen named franklin,micheal and trevor are really interested in this one
Once again half as interesting delivers a video about bricks. They may be made of gold, but they’re still bricks. Subscribed.
2:48 bro absolutely butchered De Nederlandse Bank, there is no ‘sche’ at the end 😂😭
There is.
@@wesselmartens1621 there is a 'se' no 'sche'
now i know which building to rob, thanks so much sam!
5:19 Can't believe I still find Lost Easter eggs all these years later lol
I came to the comments section just to see if anyone else noticed this!
I pass the KC federal reserve from where I work and I'm glad they made the same Missouri joke I do. 😂
I’m pretty sure Nassau Street, like the nearby county is pronounced NASS-aw. But as a former resident I could be wrong. However Nevada is definitely Ne-VAD-uh, and others will correct you.
It should be pronounced like the last name of the Dutch King. And it wasn't perfect pronunciation but decent enough. A lot closer then for example van Gogh
I've rarely heard an american pronounce it better than in this video, I don't know what you're on about.
I'm with you. Nassaw, not nass-ow
@@Pyth110 its a dutch term and nass-ow is definitely closer to the correct dutch
@@ecnoid Actually, it's a German term. The House of Nassau came from the County of Nassau in western Germany, which was centered on, unsurprisingly, the city of Nassau.
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k,but guess what? I put it all back and traded again and now I am rounding up close to a million
I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.
How
..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
Wow I am surprised Maria Davis is being mentioned here I starting off with 2k ...now with massive portfolio.highly recommended..
Please who is this Mrs Maria davis.
How do I contact her?
Alright boys, the plan is simple. I need a federal auditor, and two security uniforms.
Who's game? ☺
We are going to plan for 9 months
11% of the total gold in the world hold by Indian woman.
"thousands of tourists and white collar criminals" lmao
The problem is never so much the getting in part, it is the getting out with the gold part.
love how causally you slipped in "white collar criminals"
I guess it’s time to watch Ocean’s 11 again.
Extremely interesting video, I enjoyed all of the background tidbits a lot, such as numbered accounts for countries. Please do more banking-related videos, I don't know enough to start a central bank (plus would need to found a country for it) so there is still a lot of territory to cover here. Excellent use of time.
Noone in the HAI editorial staff were incarcerated during the making of this video.*
That’s too much gold, even for a dwarf
Brilliant. Now please make a video on how to dig through metal.
I mean you could place chemical bombs in the subway set to explode once reaching the reserve, damaging all the subway infrastructure around it and using yourself and a large crew as coverup team for rescue and repairs, and use that to get into the reserve and load the gold into dump trucks, meant to look like they're full of rubble.
But of course a film crew thought of that nearly 30 years ago when making "Die Hard with a Vengeance", and was apparently so well thought out it got the Feds concerned.
At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
It took me 5 years to stop trying to predict market movements based off charts studying, cause you never know. Not having a mentor cost me 5 years of pain I learn to go where the market is wanting to go and keep it simple with discipline. I’ve made over $450k since then.
@@mikegarvey17My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
'Gertrude Margaret Quinto' maintains an online presence. Just make a simple search for her name online.
he country with the most gold is the United States, with 8,133 metric tons in the American gold reserve. This amounts to a value of $480.84 billion, going by the price of gold at the beginning of January 2023,which can repay 55% china debts
UPDATE: the vault is now empty….
Of course Italy keeps its gold in New York. NYC and Italy… always a classic. 🇺🇸🇮🇹
I find it amazing that all of that gold would fit into a backyard swimming pool... (gold is so dense and valuable that it defies intuitive understanding! There is @20 metric tons per cubic meter, or about $67,000,000)
I learned about this place in my AP Econ class over 6 years ago, and am SHOCKED that Hollywood hasn’t made a heist movie yet in this place
They have.
“Nah-sow”??? What?
Lots more interesting things about this than you'd find on the Fed site. For example that the Fed is a private company, originally owned by the NY big banks, but we don't know who owns it today.
Or that that right across from this vault there's another vault, rumored to be connected by a tunnel. The sister vault used to belong to JPM, until China bought it.
And then there's the question of what actually happens to that gold. When Germany asked for their gold back I believe in 2011, the Fed said it would take 8 years to return it. By comparison it took Venezuela mere months to move similar amounts from London to Caracas. That suggests that the Fed no longer had the German gold on hand, and had to find a new source.
The gold’s been gone for years, don’t tell anyone ;)
Money heist reference
If I'm calculating this correct, the Fed says it has 6,331 metric tons of gold in this vault. That converts to 203, 546, 400 troy ounces. That amount of gold at a price of $2,634.10 per 100 troy ounces (the gold futures price on October 8, 2024 in the evening) equals $5,361,615,722.40 of gold. And if that's 5% of the world's total gold.....there's $107,232,314,448 worth of known gold on earth.
As a white collar criminal walking this route regularly - I had no idea!
I love that I live in a world where HAI releases videos, thank god for this channel
I'm Indian and my mom is laughing at that measly quantity of gold.
Your mom didn't even watch this video...
Nothing to sneeze at
@@livingroomviewing2987 Stop viewing my living room.
Ik, I'm pretty sure my family has more silver than the country of Singapore.
Easier to just grab a bag full of it from an armored car, like this guy did in NY, we was walking by the truck and saw the bag unattended and just picked it up and walked off. I think it was $10 million in gold? Or something. The one guard got a phone call, so he was distracted, the other one was sitting in the drivers seat and didn't notice.
"Our vault is impenetrable"
*Lester comes out of retierement once again*
"OH FU-"
Ohhhhhhh so thats why they were building the tunnels...
It's not 5% of the gold in the world, it's 5% of the extracted and refined gold of the world.
I mean still 5% of the gold that goes around in the economy as of now.
Federal reserve system prints money that are not based on any value, then borrow to different countries and when they cannot pay back, the loan has to be given back in assets like land or etc
worth noting, the federal reserve is also a private bank. look it up on their own website. it's not owned by the government or the people.
It's not a private bank. Member banks are required to purchase stock in District Reserve banks that give them a vote in directors for their region, but the national Federal Reserve Bank has a board of directors that is appointed by the President and confirmed by the Senate. It's also accountable to Congress rather than its member banks. Also any income above operating expenses and a surplus account goes to the US Treasury rather than back to its members.
They do public tours! Or at least used to, went down to see the gold myself back in 2012--neat tourist activity if you're into seeing the largest gold reserve in the world and learning a bit about the federal reserve on the side.
Sam mispronouncing "Nassau" won't stop us from finding the gold cause we can read th street name signs, me and my bricks (I mean soup for my fam) are on our way to liberate their (gold) brick cousins
They should bring back elaborate traps. A ball of stone roling down the corridor or snakes from the ceiling is much cooler than some metal cellar with a door. It might be more expensive and less secure, but I don't care. That's not where I keep my gold
I know its a fact, but did you have to give new york city a new nickname? "The Most Nukable City" is just awkward for bumper stickers 🙃
"This is the lockpicking lawyer and what I have for you today is the underground vault for the US federal reserve......"
Everyone knows Fort Knox is empty, so I bet this vault is too
im assembling a team
So, who wants to go on a gold heist with me?
"Instability wasn’t a problem in all countries, so we need to ask why some banking systems were unstable or panic-prone, while others were stable. The US banking system was panic prone in the late 19th century while the Canadian system was not. The English system was panic-prone while the Scottish system was not. The behavioral differences were not random or mere facts of nature, but grew directly from differences in the legal restrictions constraining the banks. The Canadian and Scottish systems, unlike the US and English systems, allowed their banks to adequately diversify, and to respond to peak currency demands, thus allowing banks to be more solvent and more liquid, and thus avoided loss of confidence in the banks. The problem in the US and England was not the gold standard, or a flaw in “the theory of the gold standard,” but ill-conceived legal restrictions that weakened the banking systems." - David Glasner
White collar criminal 😂
This video does sound a lot like the part of a heist movie where they explain the elaborate and unrealistic security measures
To rob it you'd need at least a dozen guys doing a combination of cons. Off the top of my head, I'd say you're looking at a Boeski, a Jim Brown, a Miss Daisy, two Jethros and a Leon Spinks, not to mention the biggest Ella Fitzgerald ever.
I feel like this might make an interesting action movie. Some diabolical thief with a crazy complicated plan against a down-and-out NYC cop.
Thanks for letting me know the location. On my way there now with a pickaxe
thestocksource8393 has been blown up by a Creeper.
Decentralized heist planning 💀
Even Half as Interesting, a channel pretty far away from gaming as a whole, uses the Minecraft Bedrock texture to represent real life bedrock
I see a lot of people asking if Gold is worth to buy. Here’s a few clarifications. You don’t buy Gold to make money. You buy it in case of economic turmoil. Precious metals like gold have a history of being used as money and also had use in industry making it always valuable. I personally view gold as a saving account to be cashed in at retirement or to be handed down for future generations. Keep in mind gold is currently at approx. $2500 an oz. So if you’re gonna buy metals I may suggest silver unless your rich in which case what are you even doing here?
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.
You’re absolutely right, and that’s a beautiful mindset you’ve got there I never thought of it this way before
The idea of the whole trade market is something I still can’t wrap my head around
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
My first investment was with Shanita Creswell, it gave me profit of over $80,000 Us dollar...
I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial market l'm grateful to Mrs Shanita 🙏🏻
IMDABES reference was unexpected
According to the graphic, and assuming those are London Good Delivery Bars at 400 Troy ounces, and given today’s price of gold, Canada values Taylor Swift at $2,427,600
Troy ounces, there’s a difference
Everyone who's watched Die Hard with a Vengeance already was well aware of this. I remember leaving the WTC and walking in a random direction, finding myself here, and thinking "Holy Shit, Die Hard!" The square beyond it where they blew a hole in the ground was surprisingly smaller than it looked in the movie. I mean, it was almost certainly a set piece, and not the actual square, but it's pretty cool. Fun fact, Die Hard with a Vengeance is, objectively, the best one. Everyone likes to say it's the first one, which is definitely a Christmas classic, but how can you say it's better than Bruce Willis and Samual L Jackson talking smack to eachother on a mad dash across New York City answering pay phones?
I can't believe he didn't work in a Die Hard reference, Die Hard 3 is literally about someone robbing this vault.
That explains why the only „Gold“ that remains in the Bank of England is the paint around the lead ingot they have on display in the museum. Since 2016 the UK hasn't had the money for gold bars anymore... 😉
We still have a Sovereign of course, but he's presently sat in Buckingham Palace. 😇
Finally a video about bricks