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Bloomberg/Charlotte Ryan and Anooja Debnath/8-28-2019
“Sterling was the worst performer among major currencies while U.K. government bonds rallied as the market reacted to the threat of a no-deal Brexit increasing.”
USAGOLD note: One would think that the plunging pound would serve as further inducement for gold ownership among British investors.
Gold – British Pound (Year to Date)
Chart courtesy of TradingView.com ••• [Click to enlarge]
Source: USA gold
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