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Hurricane Irene
Posted:
Thu Aug 25, 2011 8:42 am
by Copper Catcher
The gold stored at the Federal Reserve Bank of New York is secured in a most unusual vault. It rests on the bedrock of Manhattan Island—one of the few foundations considered adequate to support the weight of the vault, its door, and the gold inside—80 feet below street level and 50 feet below sea level.
In early 2008, the Fed’s vault contained roughly 216 million troy ounces of gold representing about 22 percent of the world’s official monetary gold reserves.
What happens if all this is underwater, literally?
Re: Hurricane Irene
Posted:
Thu Aug 25, 2011 9:02 am
by Copper Catcher
According to New York City's Office of Emergency Management, the last hurricane to pass directly over the city was in 1821 -- and it caused tides to rise 13 feet in one hour, flooding all of lower Manhattan to Canal St.
But for Long Island, the threat is much worse. People still talk about the Long Island Express of 1938, a Category 3 storm that the U.S. government has said would cause $40 billion in damage if it hit today.
http://news.yahoo.com/threat-irene-expo ... 00963.html
Re: Hurricane Irene
Posted:
Thu Aug 25, 2011 9:05 am
by fasteddy
Hey CC The gold will still be there, if it is there now. After Hurricane Ike here in TX my cousin lost his complete house...nothing but the slab has left...his weight set was still where they were in his room but no room was left(slab only)...no carpet or padding was under the weights....In 2001 Houston flooded due to Allison....entire downtown tunnels filled up...if this storm does what it is looking to do, I would be leaving the NYC area for sure.
Re: Hurricane Irene
Posted:
Thu Aug 25, 2011 9:34 am
by Copper Catcher
Another area would be West Point, NY
You can see the amount of gold there too....
http://www.fms.treas.gov/gold/current.html
Re: Hurricane Irene
Posted:
Thu Aug 25, 2011 9:37 am
by Copper Catcher
I know the gold will be there.....but if all of a sudden access to 25% of the gold in the world was untouchable for a period of time it would prove to be interesting to say the least.
Re: Hurricane Irene
Posted:
Thu Aug 25, 2011 11:34 am
by Lemon Thrower
sounds like a James Bond film.
Re: Hurricane Irene
Posted:
Thu Aug 25, 2011 12:00 pm
by Oakair
Ya, she looks pretty brutal when I went to the beach today...and we are only getting rain bands...
Definite beach erosion...
If anyone is in the target area....LEAVE (especially if she is still a 3 when she gets north...but even a high 2 would be really bad)
Re: Hurricane Irene
Posted:
Thu Aug 25, 2011 3:43 pm
by timmus0382
I cant even say what I want to say about this storm and NYC
Re: Hurricane Irene
Posted:
Thu Aug 25, 2011 3:51 pm
by Country
First an earthquate 50 miles from me, and now I'm in the track of the worst hurricane to hit the East Coast and Virginia in a generation. Yikes!!!
I hope the Lord will spare many from harm here in Virginia and elsewhere.
Re: Hurricane Irene
Posted:
Thu Aug 25, 2011 7:34 pm
by RichardPenny43
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Re: Hurricane Irene
Posted:
Thu Aug 25, 2011 8:51 pm
by Oakair
RichardPenny43 wrote:Lemon Thrower wrote:sounds like a James Bond film.
I'm heading to NYC w/ my scuba gear and an underwater cutting torch!
Probably better off scouring the lakes of south america
Re: Hurricane Irene
Posted:
Thu Aug 25, 2011 10:37 pm
by shinnosuke
RichardPenny43 wrote:Lemon Thrower wrote:sounds like a James Bond film.
I'm heading to NYC w/ my scuba gear and an underwater cutting torch!
Don't forget your friends here at realcent after you come across that sunken treasure.
Re: Hurricane Irene
Posted:
Fri Aug 26, 2011 12:52 am
by RichardPenny43
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Re: Hurricane Irene
Posted:
Fri Aug 26, 2011 4:10 am
by fansubs_ca
Copper Catcher wrote:In early 2008, the Fed’s vault contained roughly 216 million troy ounces of gold representing about 22 percent of the world’s official monetary gold reserves.
What happens if all this is underwater, literally?
No wonder I'm a fan of subs!
Also somebody at Silverseek will fullfill the prophesy of this song:
http://www.youtube.com/watch?v=FpWpdcR63ms(Language warning.
)
Just substitute "Federal Reserve vault" for "your house" and "Hurricane" for "Twister".
Those who've been there know who and what I'm refering to.
Re: Hurricane Irene
Posted:
Fri Aug 26, 2011 7:38 pm
by narragansett
This storm is bad but I find that the weather channel has the tendency to sensationalize storms. The 2ND graphic showing the EXTREME THREAT LEVEL seems to be overstated. They are carrying that extreme level way too far west into NY state unless the path has changed drastically in the last couple hours. I live near the NY border , about 45 miles from Albany & they are predicting only 2-4 in. of precip.
Re: Hurricane Irene
Posted:
Fri Aug 26, 2011 7:55 pm
by hobo finds
To all in her path good luck stay safe and if you can post here and let us know how it is going. Not many Hurricanes in So AZ!!
Re: Hurricane Irene
Posted:
Fri Aug 26, 2011 8:07 pm
by Copper Catcher
Re: Hurricane Irene
Posted:
Sat Aug 27, 2011 6:05 pm
by Copper Catcher
We are through the worst and it is moving northward. VA, DC & New York look out! Across eastern NC there is lots of wind damage, flooding and power outages. Tomorrow will be an interesting day...
Re: Hurricane Irene
Posted:
Sat Aug 27, 2011 6:22 pm
by Country
Copper Catcher wrote:We are through the worst and it is moving northward. VA, DC & New York look out! Across eastern NC there is lots of wind damage, flooding and power outages. Tomorrow will be an interesting day...
You bet!! We're getting hit hard here in Virginia...
Anybody get hit with tornados yet?
Got my chainsaw ready for tomorrow...
Re: Hurricane Irene
Posted:
Sat Aug 27, 2011 7:27 pm
by Delawhere Jack
Country wrote:Copper Catcher wrote:We are through the worst and it is moving northward. VA, DC & New York look out! Across eastern NC there is lots of wind damage, flooding and power outages. Tomorrow will be an interesting day...
You bet!! We're getting hit hard here in Virginia...
Anybody get hit with tornados yet?
Got my chainsaw ready for tomorrow...
Unconfirmed reports of tornado(s) in Lewes DE between 5:30-6:30pm.
Re: Hurricane Irene
Posted:
Sat Aug 27, 2011 9:34 pm
by warthog
Copper Catcher wrote:I know the gold will be there.....but if all of a sudden access to 25% of the gold in the world was untouchable for a period of time it would prove to be interesting to say the least.
Dear Mr Chavez,
Due to circumstances completely beyond our control we are unable to fulfill your gold bullion order at this time.
- JPM
Re: Hurricane Irene
Posted:
Sat Aug 27, 2011 10:06 pm
by Delawhere Jack
We are getting rain here in northern Delaware like I have never seen. And the eye is still about 140 miles south of me. Floor drain in the basement got clogged up, and there was 2 inches of water in much of the basement. I took the cover off and the water starting draining, but I'm afraid to go to sleep incase the water starts coming up out of the drain.
Re: Hurricane Irene
Posted:
Sun Aug 28, 2011 8:25 am
by Lemon Thrower
Copper Catcher wrote:I know the gold will be there.....but if all of a sudden access to 25% of the gold in the world was untouchable for a period of time it would prove to be interesting to say the least.
for the young pups out there, the 1960s film Goldfinger had as its premise a gold bug bad guy interested in Fort Knox. one of the plot twists was that instead of trying to steal the gold in fort knox, he only wanted to irradiate and make it useless, thereby making his radiation-free gold more valuable.
Re: Hurricane Irene
Posted:
Sun Aug 28, 2011 4:07 pm
by Country
Lost power 10PM last night. Everyone within a mile of me has lost power too. I've been on my Generator Power for 19 straight hours as of now. A big old 50' tree in the forest keeled over and took down the power line that runs from the road to my house. I chain sawed away a few small trees that came down across my 1/5 mile dirt driveway this morning. The driveway goes through the woods and I thought more trees would come down. I'm glad it was a Category 1 hurricane instead of the originally predicted Category 3. That would have been a mess!
It might be a few days to get power back here in Virginia. When we had Hurricane Isabel in 2003 here at my Virginia location, it took 5 days to get power back.
Re: Hurricane Irene
Posted:
Tue Aug 30, 2011 4:20 pm
by Country
Still out of power.
Going on 3 days now; could be a week before I get power back....
Please bear with me updating those coin stats.... Thanks...