Monday, July 20, 2015

Financial Astrology Update - July 20, 2015

From the last (July 18) blog post. Be very careful, the Astrological energies are active.

"The end of the month in particular has Venus and Uranus turning retrograde then in early August, Saturn turns direct very close to a very important aspect. This is potentially a momentous period of change for the next month. I'm looking specifically at precious metals and perhaps changes in currency or bonds, banking and major events on the world stage. Volatility should be seen in many markets."

7 comments:

  1. Does this potentially mean that gold will start going up again?

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  2. Over the next 2-3 weeks many financial markets should be very volatile. Markets that have strong moves down typically take some time to recover. That said Gold is in the 18th week so there should be some pressure to move up into a new Primary cycle but it will take some time to recover what was lost this week. I'm expecting Gold to be higher late 2015 / early 2016.

    We are getting down to the cost of production for many Gold companies. This is "all in sustaining costs". As an example Goldcorp, a medium producer had forecast 875-950 / ounce for 2015. Yes, I worked for a mining company.

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  4. I should add, looking at technical's there has been an Aroon cross. We may get a bounce in the next 2-3 days but it should be some time before we recover the losses of yesterday.

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    1. Thanks for your reply Gord. Yes the fall in the gold price has been quite severe.
      Perhaps this has been due to Saturn retrograding in Scorpio? The last sting in the tail. I think the losses should be recovered once Saturn crosses back into Sagittarius and Jupiter goes into Virgo.

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    2. Watch the next 2 weeks closely for Gold. We are still at the 18th week of the Primary cycle so a move up is to be expected over the next few weeks. The week of Aug 3rd may be significant for Gold and Crude.

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