Pound falls on report queen could be asked to suspend parliament

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.

Chart of gold in British pounds, year to date, shows rising priceGold – British Pound (Year to Date)
Chart courtesy of TradingView.com •••
[Click to enlarge]

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