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Former Bank of England Analyst Urges Contingency Plans for UAP Disclosure Market Shock

The Bank of England has not publicly responded to the request.

Overview

  • Helen McCaw wrote to Governor Andrew Bailey urging preparations for potential financial instability if the U.S. formally confirms non-human intelligence.
  • She warned that “ontological shock” could drive extreme volatility, sudden asset re-pricing, loss of confidence, and possible bank collapses.
  • Her scenarios include investor flights to gold and government bonds or the loss of safe-haven status if people expect space technologies to expand precious‑metal supply.
  • McCaw also outlined a possible rush into bitcoin if trust in government-backed assets falters.
  • She pointed to heightened U.S. focus on UAPs, citing the documentary The Age of Disclosure and statements from officials including Marco Rubio about unknown objects near restricted nuclear facilities.