Severe gilt market dysfunction

The Bank of England is running low on gold and has now launched a rescue fund for a problem that it seems to anticipate coming:

The Bank of England (BoE) has opened the Contingent Non-Bank Financial Institution Repo Facility (CNRF) for applications, which will only be activated “during episodes of severe Gilt market dysfunction”, the bank announced.

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Printing gold? Alchemy? Beware George Soros!

The Captain

Has any tabloid started streaming another lettuce head yet?

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