Gold has enamored treasure hunters, alchemists, engineers and scientists for centuries, but no matter how much pirate gold Hollywood can conjure up, this room has more. This is the vault at the Bank of England. Within, they keep a large amount of gold.
There was a time when Fort Knox in the United States controlled the gold reserves for our country, but as politics and governments evolved, the need for large deposits of gold bullion has decreased.
This gold is traded by both private investors and by banks themselves, as the value of gold is less volatile than the value of currency.
Get a tour of the gold vault at the Bank of England and learn not only why they keep so much gold laying around, but also the views of Prof. Martyn Poliakoff who knows a lot about this special element. via Flixxy