💰#SoundMoney🥇🥈: Defacto Default? Bank of England Delays Gold Delivery For Up to Eight Weeks

Executives say fears of tariffs drive gold shipments to US. Liquidity has been sharply diminished (well, you either have the gold or you don’t, duh… )

Highly leveraged Bank of England (BoE) stores gold for third parties such as financial institutions, as well as for other central banks and the UK Treasury. BoE has leased out more gold than they actually have (a lot more).