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Federal Reserve Bank of Chicago Federal Reserve Bank of New York Newyorkfed  Form

Federal Reserve Bank of Chicago Federal Reserve Bank of New York Newyorkfed Form

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[Music] deep in a building on Wall Street lies 6000 194 tons of gold that's four hundred ninety six thousand nine hundred fifty bars worth hundreds of billions of dollars the gold law at the Federal Reserve Bank of New York is one of the largest depositories of gold in the world and also one of the most secure none of the gold is in New York Fed's it belongs to the US government and other countries but those depositors need to make sure their stash is safe there's only one way to get into the ball a 90 tons steel door that spins on a cylinder to open the access way when gold enters the vault the New York Fed uses an old-school scale to weigh and value the gold bars the gold is then stored in individually numbered lockers secured by three locks how tight is the security when any compartment inside the vault is open three people including one New York Fed auditor must be present to ensure that they gold is safe now that's a gold standard of security [Music] you

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