The following is by Karen Starich, who uses astrology to forecast events in the markets. Her unique insights will provide an alternative view to the markets with a focus on the precious metals sector.

For all the gold bugs who have been relentlessly aiming for $1650, start planning your party!  In fact the gold bugs, most notably Jim Sinclair of JSmineset, will be so happy someone may have to provide some extra gold bars to tie to their feet, to keep them down to earth they will be so happy!   Saturn (gold) trine Saturn (gold) in the Federal Reserve chart, in it’s 3rd and final pass since November of 2010, Started July 31- August 23rd, bringing increases for the yellow metal.

Most notable in the next few days and potentially a big spike on the 12th of August.  This transit is the fuel to jet the metal through that marker and not look back. When Mars hits 0 degree Cancer on August 3rd it will be like a hammer on an anvil reinforcing the solar eclipse at 0 degree Cancer from June 2001, where the bull run for both gold and silver began.

Let’s see which one breaks it’s target first, gold $1650 or silver $50.  We’re off to the races!

Related Posts:

Market Astrology: Head’s Up July 28th

Market Astrology: Debt/Tax/Default Crises

Market Astrology: Silver Breakout Update