New York Fed Cancels Tours of Its Gold Vaults

“Germans are making noises about wanting to audit the gold that is supposedly held  for the German government by the New York Federal Reserve Bank in lower Manhattan.  The Fed had been giving regular tours of the vault.   The New York Fed is in evacuation Zone C in downtown Manhattan. It wasn’t flooded. Zone C residents are told to expect storm-surge flooding only from major, category 3 or 4 hurricanes that hit the New York harbor. Yet, the Fed is cancelling tours of its vaults indefinitely ‘due to the aftermath of Hurricane Sandy.'”

http://www.economicpolicyjournal.com/2012/11/new-york-fed-cancels-tours-of-its-gold.html

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