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Rare look inside Bank of England's gold vaults - BBC News

Feb 16, 2020
I think your stats said that if you were going to do an Italian job in this place you needed 4000, no that's true, yes it's amazing to

look

at but it's no use, why is it so valuable, partly because it's

rare

, for what your supply is limited? You can't keep making it,

gold

here is a store of value, it's globally recognized, people want

gold

, so it creates a market in itself, it doesn't change the value as much, for example, as coins, it's much more durable than investing in it. chocolate or something like that with the rebuttal being worth about four hundred and seventy five thousand pounds at the current market price, that will settle a mortgage, so most of the bars are in what we consider a trapezoid because it makes it easier to handle, but this bar here in the United States is shaped like a brick the Federal Reserve Bank of New York is built on bedrock so the goal can be stacked on top of each other here at the Bank of England because it's built on clay we have floor load limits, that's why we have the goldens on pallets, all the gold that was kept in London was sent to the Bank of Canada in Ottawa, the area was used as an air raid shelter and had a canteen on a pool table, It had beds. in you
rare look inside bank of england s gold vaults   bbc news

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