A yank on the the dollar and the wealth of the nation.
In September of 2010, I wrote an article about currencies in what I termed a “currency crisis” that would be very debilitating for the country. What is important about this article is that Saturn was transiting at 10 degrees Libra and has returned back to that same position and will sit there stationary beginning in May for 2 months. Saturn’s orbit is approximately 29+ years bringing the last pass in Libra to the 1980′s.
In the 80′s we saw the S&L crises where the Fed bailed out the banks at the cost of the taxpayer and a crash in the silver market. For those who remember it was truly the height of corruption as the attitudes of hoarding the metals and manipulating the public to benefit the few. This time is different because Saturn’s station at 10 degrees Libra has not happened since 1833-34, during which time Andrew Jackson was president and effectively dissolved the United States Bank, the precursor to the Federal Reserve.
During the Summer of 2011 Saturn is acting like “the reaper”, or a nicer way to put it is “Father time”,who has been keeping a perfect set of books and will not give the banks a pass until there is an unraveling of the past 30 years of corruption, which included but not limited to the excessive printing of money, over-taxation, and the manipulation of the metals markets over that time period.
On April 21st I wrote about the correction that was about to take place in the silver market titled “Comex update! May 2011 this is not another 1980″ You can see on the chart the dates I outlined fit to the correction which I believe was an attempt to repeat the 1980 crash. It was not successful and a historical turning point has occurred on May 17th to set the stage for silver to be used as money for years to come.
There are positive signs for silver, but first here is a look at likely events for the dollar and the banks during the month of June.
- June 12th will most likely see a big drop in the dollar and again July 1st. and remains weak through the summer.
- On June 15th there is a total Lunar eclipse with what is called a “Moon” wobble. This is when the Moons nodes are either square or conjoin to a full moon or eclipse. In this case the Nodes (opposite points on the ecliptic) will be conjoin the point of the eclipse. Moon wobbles bring dire effects to the public often with weather and natural disasters. For the Fed the eclipse/wobble will square the 9th house of foreign affairs. The theme for them will be obstacles regarding international monetary policy, more insubordination forcing compromises. There could be a drastic ultimatum the Fed will have to contend with and the Strauss-Kahn scandal my bend in ways that are unexpected and not favorable to the Fed.
- Before the end of June and particularly around June 17th there could be more revelations regarding a banking scandal involving Goldman Sachs that could force the resignation or Blankfein.
Gold and Silver
Jupiter (rules silver) is in Taurus (rules gold) and has entered the 5th house of the stock market and financial speculation in the US chart. This is positive for the metals and the markets in general. Here are the dates to watch for.
- June 9th could be a big spike up in silver
- June 12th – 22nd there could be some big spikes in silver and and it looks like there is some very rash and reckless trading trading.
- Watch out! Starting June 25th and particularly June 30th for a correction with gold and silver.
- July 11th looks very bullish for silver. The beginning of an uptrend that will take the metal through $50 and not look back….
Further out in Summer:
In August inflation heats up, suddenly the public mood is shifting to a more bleak and frustrated outlook about the economy despite the media attempt to portray a recovery. There is a potential for another earthquake September 22, 2011. This could be preceded by thousands of dead fish washed up on the shores of California September 3rd – 6th.
