The last pocket of resistance has now folded. The policy is now confirmed: “Save the bankers, sink the pound”. The flight to safety has begun and the price of gold will rise dramatically.
Ashley Seager
18th Septmber, 2008
The Bank of England yesterday reversed its decision to end an emergency lending scheme for banks next month, citing the turmoil in money markets this week since Lehman Brothers collapsed.
In These New Times 