By Astrology Traders
We are fast approaching the peak on April 22nd of a very rare, once in a lifetime, grand cardinal square in the heavens between Pluto, Uranus, Jupiter, and Mars. The aspect is extremely afflicted with Uranus and Jupiter as the lesser malefic’s, holding the promise of unconventional financial engineering amidst an otherwise brutal and inexorably difficult warlike pattern between Pluto and Mars. The grand square aspect in the heavens is a punctuation and dramatic warning to consequences of a miscalculation (political gamble), that at this point has likely already happened and cannot be turned back. No nation, including the United States, will get through this cycle unscathed. The emerging markets will likely take a serious downturn and ‘depression’ will become a common theme.
Whoops, They Did It Again
What happened? Well, we all know what happened in 2008 with the collapse of Lehman Brothers, the resulting TARP programs, designed supposedly to fix everything and make the economy whole again. But, whoops they did it again!, MF Global collapsed unexpectedly in October 2011 throwing a curve ball to the Federal Reserve. Suddenly Bernanke embarked on extraordinary QE to prop the markets and keep the gig going a bit longer. Perhaps the only salvation for the Federal Reserve at this point is the destruction of the dollar as reserve currency, and the reorganization under a new form of digital money, or so they think.
Something unexpected happened between January 31st and February 5th 2014, the algorithm’s got broken in the midst of currency volatility in the Forex markets. I am suspicious of a very secret move in January to unplug the dollar as reserve currency. In an interview with India’s central banker on Bloomberg TV February 5th, Raghuram Rajan stated “international monetary cooperation has broken down”. At the same time, the financial news media showed signs of being thrown off balance, commentary became unorganized while comparisons to 1929 were floated. This, after the Fed announced in December the leading economic index increased 0.8 percent in November, underscoring the Fed’s view of an improving U.S. economy?
The Karma of Unplugging The Dollar
A perhaps foreseeable fate for America is the position of the natal Sun at 13 degrees Cancer, caught now in the crosshairs of this very debilitating grand square. The Sun represents the currency in a nations chart, and while receiving an opposition from transiting Pluto, the outcome will have very long term consequences. Pluto oppositions are like playing high stakes tug of war with a rubber band. Pull too hard and the rubber band snaps, both sides get smacked and there is no winner. In my view the rubber band snapped the first week of February. Emerging markets became unstable along with stocks and currencies. (more…)