Satellite views of some vaults

Discussion of the Gold portion of the Permanent Portfolio

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I Shrugged
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Satellite views of some vaults

Post by I Shrugged » Sat Apr 17, 2021 10:00 am

dopplerdave
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Re: Satellite views of some vaults

Post by dopplerdave » Sun Apr 18, 2021 9:19 am

I don't think any of us are in a position to judge the physical security of a vault, but in any case I think the risk is much higher of employee theft. So the question should be do these facilities have independent insurance coverage and third party audits of their holdings? I know the one I use does, and am guessing the others do as well. But that is something to verify before entrusting your savings to them.
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Tyler
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Re: Satellite views of some vaults

Post by Tyler » Sun Apr 18, 2021 11:14 am

I Shrugged wrote:
Sat Apr 17, 2021 10:00 am
None of these are Fort Knox.

Getting some ideas?

Image
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Mark Leavy
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Re: Satellite views of some vaults

Post by Mark Leavy » Sun Apr 18, 2021 11:22 am

Tyler wrote:
Sun Apr 18, 2021 11:14 am
I Shrugged wrote:
Sat Apr 17, 2021 10:00 am
None of these are Fort Knox.

Getting some ideas?
Too late. I emptied vaults last December.
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Kriegsspiel
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Re: Satellite views of some vaults

Post by Kriegsspiel » Sun Apr 18, 2021 11:42 am

Roci, is that a nod to The Expanse?
"You haven't, I suppose, ever mixed with politicians at close quarters. They're awful. I think some of these must have been the dregs anyhow, but I've discovered, what previously I didn't believe possible, that politicians behave in private life and say exactly the same things as they do in public. Their stupidity is inhuman.
- John Maynard Keynes
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Mark Leavy
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Re: Satellite views of some vaults

Post by Mark Leavy » Sun Apr 18, 2021 11:48 am

Kriegsspiel wrote:
Sun Apr 18, 2021 11:42 am
Roci, is that a nod to The Expanse?
Good call, but no it is a nod to the original Rocinante by Cervantes. A knight errant needs an appropriate steed.
Although it was an excellent choice by The Expanse.

Also Return On Capital Invested.
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Kriegsspiel
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Re: Satellite views of some vaults

Post by Kriegsspiel » Sun Apr 18, 2021 12:01 pm

Mark Leavy wrote:
Sun Apr 18, 2021 11:48 am
Kriegsspiel wrote:
Sun Apr 18, 2021 11:42 am
Roci, is that a nod to The Expanse?
Good call, but no it is a nod to the original Rocinante by Cervantes. A knight errant needs an appropriate steed.
Although it was an excellent choice by The Expanse.
LOL, I just Inceptioned myself.
"You haven't, I suppose, ever mixed with politicians at close quarters. They're awful. I think some of these must have been the dregs anyhow, but I've discovered, what previously I didn't believe possible, that politicians behave in private life and say exactly the same things as they do in public. Their stupidity is inhuman.
- John Maynard Keynes
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I Shrugged
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Re: Satellite views of some vaults

Post by I Shrugged » Sun Apr 18, 2021 2:31 pm

Tyler wrote:
Sun Apr 18, 2021 11:14 am
I Shrugged wrote:
Sat Apr 17, 2021 10:00 am
None of these are Fort Knox.

Getting some ideas?

Image
I was a bit struck by the ordinariness of these buildings. Seems like a team of commandos could get in and out. Although Dave is right about employee theft.
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Hal
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Re: Satellite views of some vaults

Post by Hal » Sun Apr 18, 2021 5:14 pm

I Shrugged wrote:
Sun Apr 18, 2021 2:31 pm
Tyler wrote:
Sun Apr 18, 2021 11:14 am
I Shrugged wrote:
Sat Apr 17, 2021 10:00 am
None of these are Fort Knox.

Getting some ideas?
I was a bit struck by the ordinariness of these buildings. Seems like a team of commandos could get in and out. Although Dave is right about employee theft.
A family member went to the Singapore Vault. Full body scan on going in plus they weigh you coming in/going out to make sure you didn't slip anything in your pocket. Also said it appeared the military was guarding the building - raiding commandos might have a bit of a surprise :o

PS: Most of the facility is underground for any would be commando's

https://sgpmx.com/services/storage
Aussie GoldSmithPP - 25% PMGOLD, 75% VDCO
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Mark Leavy
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Re: Satellite views of some vaults

Post by Mark Leavy » Sun Apr 18, 2021 5:22 pm

Hal wrote:
Sun Apr 18, 2021 5:14 pm

Full body scan on going in plus they weigh you coming in/going out to make sure you didn't slip anything in your pocket.
Quick calc, I think I can get 1 kilo of air into a 1 liter bottle at 15,000psi. Now, I just need to figure out the body scan part.

Edit: Okay, I've got the body scan part figured out. It requires more lube and commitment than I have. All yours, Hal. I can help you with the displacement weight.
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Re: Satellite views of some vaults

Post by Cortopassi » Mon Apr 19, 2021 1:56 pm

Mark Leavy wrote:
Sun Apr 18, 2021 5:22 pm
Hal wrote:
Sun Apr 18, 2021 5:14 pm

Full body scan on going in plus they weigh you coming in/going out to make sure you didn't slip anything in your pocket.
Quick calc, I think I can get 1 kilo of air into a 1 liter bottle at 15,000psi. Now, I just need to figure out the body scan part.

Edit: Okay, I've got the body scan part figured out. It requires more lube and commitment than I have. All yours, Hal. I can help you with the displacement weight.
I DO NOT need to steal gold that badly! :D
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Re: Satellite views of some vaults

Post by ppnewbie » Sat May 08, 2021 12:31 am

Interesting side story about zooming out a bit. Fidelity uses a company for purchasing bullion (I think in your 401k but maybe it’s for IRA’s). Anyway the picture they show if the company is a close up the sign on the front the building - it left looked solid and impressive. I did a little research and found the address. The building was a tiny industrial building. Like a very small town bank.
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