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No, that's the wolfsangel (the 'symbol' underneath the runes). The runes however spell werwolf - but not quite, according to my knowledge of the runes. I wonder if there is any connection with the organisation Werwolf / Wehrwolf in the last year of the war. http://www.veltmaete.nl/in-gleichem-schritt/?nggpage=6Henrik Andersson wrote:Defending aginst werwolf.
It is a protecting symbol