The following is a guest posts by Karen Starich, who uses astrology to forecast events in the markets. I believe her unique insights will provide an alternative view to the markets, in particular the precious metals sector.
A new theme – silver and gold
July 1st is a new Solar eclipse at 9 degrees Cancer. Favorable for gold and silver bringing gain and benefit in the coming months. A turning point for the metals to break new highs. The possibility of new disruptions in July and August regarding the Comex delivery. There could be a further shake up with the metals first week of July and an attempt to break through support for silver that was established May 17th (it won’t work). Venus will hit 0 degree Cancer (please see my article “Silver Panic“) on July 4th and 5th supporting the price of silver. Also discrepancies with inventory numbers June 30 – July 3rd that could show up in inventory transfers most likely with J.P.Morgan.
The Sun mandate for the eclipse will require the Comex to shore up it’s metal to accommodate the new demand. There could be gaps up in silver and gold July and August. New highs and silver breaks $50 and does not look back.
July 11th watch for significant increases and July 22nd I would not be surprised to see a major new high in silver potentially breaks $50.
