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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 496.02+0.3%Jan 29 4:00 PM EST

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To: Maurice Winn who wrote (107336)9/8/2014 5:03:45 PM
From: Snowshoe  Read Replies (1) of 219888
 
USD looking pretty good these days compared to gold, Ruble, Euro, and British pound...

British markets spooked by poll showing Scots may vote to break up UK
reuters.com

Mon Sep 8, 2014 3:10pm EDT

(Reuters) - British financial markets tumbled on Monday after an opinion poll showed for the first time this year that Scots may vote for independence in a referendum next week, breaking up the United Kingdom.The survey prompted concern bordering on panic among Britain's ruling elite, with Prime Minister David Cameron's Conservative-led government promising proposals this week to grant Scotland greater autonomy if it stays.

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Sterling fell more than 1 percent - its biggest one-day drop in 13 months - to $1.6141, long-dated government bonds tumbled and 3.5 billion pounds ($5.7 billion) was wiped off the market value of six London-listed companies with large exposure to Scotland.

"Be afraid, be very afraid," Deutsche Bank analysts said in one of a flurry of notes by banks to investors outlining the risks to the U.K. economy and European unity of Scottish independence.
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