Yeah, the Angerthas are based on Anglo-Saxon runes, but more interesting is that the Mode of Dale, used in The Hobbit on Thorin's Map, are exactly the futhork, as Anglo-Saxon runes are called.
And about what I said in my first post about Latin and Elvish being pronounced similarly: Tolkien meant to do that. In Appen. F, Tolkien explains that since Quenya was the "Elvish-Latin," he used the Latin pronounciation rules for Quenya (and some Sindarin).
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