>>12552116 (WTH?)
NEED EYES ON
The Keys to the Gold Vaults at the New York Fed – Part 2: The Auxiliary Vault
[not sure who/what/why wall of gold image was dropped, but found this via tineye search. 9/11 + FED + gold]
As mentioned in , there are two gold vaults at the New York Fed, the main vault and the auxiliary vault. Very little is written anywhere about theFRBNY’s auxiliary vault,or the ‘aux vault’ as it has sometimes been referred to.
The auxiliary vault also fails to make an appearance during the New York Fed’s famous gold vault tour.It’s as if the Fed specifically wants to keep this aux vault off the radar, or at least flying under the radar.
Although neither the 1991 nor the 1998 versions of the Fed’s publication ‘Key to the Gold Vault’ (KTTGV) refer to the auxiliary vault, the 2004 and 2008 versions do (in passing) as follows:
“Bullion at the Federal Reserve Bank of New York belonging to some 60 foreign central banks and international monetary organizations is stored in 122 separate compartments in the main and auxiliary vaults.”
“Bullion at the Federal Reserve Bank of New York belonging to some 36 foreign governments, central banks and official international organizations is stored in 122 separate compartments in the main and auxiliary vaults.” ()
All four of the on-line versions of ‘Key to the Gold Vault’ that I sourced (from 1991 – 2008, see Part 1) state that the “main vault was opened in September 1924” and so this statement indirectly implies that there is another ‘non-main’ vault.
The reference to the auxiliary vault in the more recent 2004 and 2008 versions of KTTGV seems to imply that the aux vault is still in active use for gold storage. Otherwise, why would the Fed mention it?
Just to clarify what auxiliary means. Various dictionary definitions of ‘Auxiliary’ include the following: supplementary, additional, subsidiary capacity, backup reserve. In the context of space, auxiliary refers to additional space.
New York Fed writer Charles Parnow’s ‘’ publication (first published in 1973) explicitly refers to the auxiliary vault with a quite precise reference. This is probably the only detailed description of the auxiliary vault that’s on record, and it states:
“A smaller auxiliary vault built in 1963 holds three accounts. One account with 107,000 bars of gold is stacked with bricklayer precision into a solid wall 12 feet high, 10 feet wide, and 18 feet deep.” (From: ‘A Day at the Fed’) …
Where is the Aux Vault?
The exact location of the FRBNY’s auxiliary vault appears to be something that the Fed doesn’t wish to discuss.It’s therefore interesting that there is a comment on the web that appears to state exactly where the aux vault is located.
In July 2002, a forum contributor called Woodman wrote in a bulletin board at www.freerepublic.com that the Federal Reserve aux vault is located at Level B5 of 1 Chase Manhattan Plaza.
While discussing the gold supposedly stored under the WTC, Woodman“…all of the Gold stored in the WTC was really stored 3 blocks east in the basement vaults of the Federal Reserve Bank and the aux. at 1 Chase Manhattan Plaza B5."
For those not familiar, the vault at 1 Chase Manhattan Plaza (CMP) on the fifth sub-level (B5) is the famous Chase (now JP Morgan) vault, supposedly the largest bank vault in the world. Some of the details of this vault were uncovered in 2013 and can be read on Zerohedge.
The interesting angle about the 2002 comment is that, how, in 2002, could someone refer to the Chase Manhattan Plaza (CMP) B5 vault as the aux (auxiliary) of the FRBNY vault unless they knew details about these two adjacent vaults?
MUCH moar at
https://www.bullionstar.com/blogs/ronan-manly/keys-gold-vaults-new-york-fed-part-2-auxiliary-vault/