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New York's El Dorado

Posted by Josh Rothman  December 13, 2010 11:06 AM

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Jamie Kruse and Elizabeth Ellsworth of the media-art research-group Friends of the Pleistocene ("dedicated to exploring the conjuncture between landscape and contemporary human activity at sites shaped by the geologic epoch of the Pleistocene") tour the gold vaults at the New York Federal Reserve, and think about them from the perspective of geology.

The vaults are built on the granite bedrock underneath Manhattan, a site which can support the weight of "the largest known concentration of gold in the world" (which makes you wonder about all those unknown concentrations of gold). They hold about 7,000 tons of gold, worth around $275 billion. Around 120 different organizations, nations, and banks store their gold at the Fed.

That's interesting from a purely monetary point-of-view - but the bank, Kruse and Ellsworth note, is also "a place where humans have encased geology within geology."

If you start in the vault at the core of the building and work your way out to the street, you travel through cosmic and geologic time. The gold behind the blue gates is pre-earthian. This purified element was born of supernova (of the type II variety) shortly before the earth coalesced. Next you pass through solid Manhattan bedrock (450 million years old), up through the building’s walls composed of Indiana Limestone (Middle Mississippian, 335-340 million years ago) and Ohio Sandstone (Early Mississippian, 350 Million years).

"Finally," they write, you "exit onto the street. There the Anthropocene rules."

The bank has its quirks: when gold is exchanged between clients, someone actually puts the gold bars on a trolley and carts them from one area to another, and the sharpshooting guards practice at an indoor shooting range. But it's the geological bizarreness of the undertaking which is fascinating here. One bar at a time, bankers have created a huge gold nugget in a place where there was none before.

Friends of the Pleistocence aims to "create contexts and speculative tools for humans to recalibrate their sense of place within the geologic timescale." This is actually only the latest in a larger series of posts they're doing on the geological history of New York called Geologic City.

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About brainiac Brainiac is the daily blog of the Globe's Sunday Ideas section, covering news and delights from the worlds of art, science, literature, history, design, and more. You can follow us on Twitter @GlobeIdeas.
Brainiac blogger Kevin Hartnett is a writer in Columbia, South Carolina. He can be reached here.

Leon Neyfakh is the staff writer for Ideas. Amanda Katz is the deputy Ideas editor. Stephen Heuser is the Ideas editor.

Guest blogger Simon Waxman is Managing Editor of Boston Review and has written for WBUR, Alternet, McSweeney's, Jacobin, and others.

Guest blogger Elizabeth Manus is a writer living in New York City. She has been a book review editor at the Boston Phoenix, and a columnist for The New York Observer and Metro.

Guest blogger Sarah Laskow is a freelance writer and editor in New York City. She edits Smithsonian's SmartNews blog and has contributed to Salon, Good, The American Prospect, Bloomberg News, and other publications.

Guest blogger Joshua Glenn is a Boston-based writer, publisher, and freelance semiotician. He was the original Brainiac blogger, and is currently editor of the blog HiLobrow, publisher of a series of Radium Age science fiction novels, and co-author/co-editor of several books, including the story collection "Significant Objects" and the kids' field guide to life "Unbored."

Guest blogger Ruth Graham is a freelance journalist in New Hampshire, and a frequent Ideas contributor. She is a former features editor for the New York Sun, and has written for publications including Slate and the Wall Street Journal.

Joshua Rothman is a graduate student and Teaching Fellow in the Harvard English department, and an Instructor in Public Policy at the Harvard Kennedy School of Government. He teaches novels and political writing.


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