The United States Bullion Depository, often known as Fort Knox, is a fortified vault building located adjacent to Fort Knox, Kentucky, used to store a large portion of United States official gold reserves and occasionally other precious items belonging or entrusted to the federal government.
The United States Bullion Depository holds 4,578 metric tons (5,046.3 short tons) of gold bullion (147.2 million oz. troy). This is roughly 3% of all the gold ever refined throughout human history. Even so, the depository is second in the United States to the Federal Reserve Bank of New York's underground vault in Manhattan, which holds 7,000 metric tons (7,716 tons) of gold bullion (225.1 million oz. troy), some of it in trust for foreign nations, central banks and official international organizations.
Read more about United States Bullion Depository: History, Construction and Security, Gold, Popular Culture
Famous quotes containing the words united states, united, states and/or depository:
“It is a curious thing to be a woman in the Caribbean after you have been a woman in these United States.”
—Zora Neale Hurston (1891–1960)
“The United States is unusual among the industrial democracies in the rigidity of the system of ideological control—”indoctrination” we might say—exercised through the mass media.”
—Noam Chomsky (b. 1928)
“... no young colored person in the United States today can truthfully offer as an excuse for lack of ambition or aspiration that members of his race have accomplished so little, he is discouraged from attempting anything himself. For there is scarcely a field of human endeavor which colored people have been allowed to enter in which there is not at least one worthy representative.”
—Mary Church Terrell (1863–1954)
“What a wonderful faculty is memory!—the most mysterious and inexplicable in the great riddle of life; that plastic tablet on which the Almighty registers with unerring fidelity the records of being, making it the depository of all our words, thoughts and deeds—this faithful witness against us for good or evil.”
—Susanna Moodie (1803–1885)