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.

My theory of the Mars/Saturn (gold) transit is working. Gold is making a new high and helped silver punch through resistance at 37.91. We need to see a close above that line. The Mars transit that started on July 11th goes through today. There is always a plus minus of a couple of days with a mars transit and next time I will make sure to point that out.

Karen says: The silver breakout is on with amazing new highs going over $50 in August.

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10 Responses to “Market Astrology: Silver Breakout Update”

  1. Lioncub Says:

    Can’t clap here, that was one neat forecast from Karen. I too went long on silver and gold because of this breakout.
    When i was reading Karen’s forecast last month, about silver not looking back, I was like ‘Ok, let me wait and see what’s going to happen’ because, one other famous astrologer predicted a crash.
    Evidently, Karen is correct.
    Jeff, didn’t expect this article at all so soon in your blog. Great!

  2. neetu Says:

    Great, after a fall on 11th i squared off my long positions but at same time i am an honest follower of your predictions and never accept what was happened. Today i made fresh long positions with a thought that sometimes it takes time to work astrological predictions.

    THANKS KAREN

  3. Paulo Says:

    Karen, this was awesome. I had no idea astrology and trading could be related. Not only am I an astrology fundie, I have also high interest in silver trading so to see you here writing about astrology and trading silver puts only one word in my mouth: WOW.

    I have a question I hope you can answer. In one of your previous articles you spoke of the price of silver going up due to potential issues with delivery at the COMEX. In this situation, would only investors holding physical silver benefit or could paper silver investors also benefit?

    I am long SLV and my concern is obviously a default in the COMEX, the SLV Trust, or both.

    Thoughts?

  4. Some Posts Worth Reading | Growth Stock Investor Says:

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  5. Karen Starich Says:

    Thank you Lioncub and Neetu.

    Paulo, You will have to check back on zentrader regularly for updates. Right now there is silver pouring into COMEX (Jupiter in Taurus in the 2nd house of stock market, also includes the COMEX) sort of like a special delivery (China?) to save the day. prices will run and COMEX numbers suddenly look ok (more scheming) Stay tuned for Fall there is a correction coming.

  6. jeff pierce Says:

    Just to be clear Karen. The metals will rally until September and then possible correct then?

  7. David Says:

    I have the same questions as Jeff. Do the stars show any pullback between now and September? Right now gold and silver are approaching oversold territory, so I would believe they should soon. Finally, do you see August 3rd as a key astrological date for metals?

  8. Paulo Says:

    Karen, thanks for the response. I guess I am now asking the same question as Jeff (and David).

    And more specifically, any clarity as to when in August the new highs in SLV might take place? (Referring to “Karen says: The silver breakout is on with amazing new highs going over $50 in August.”) I’m thinking in terms of options expiration Friday. I have a spread on SLV and although I am long, I would be leaving money on the table if SLV rockets over $43 before 8/19. Hoping that my short leg expires worthless.

    Might the new highs be created early on in the month as a result of the House not reaching an agreement on a debt limit increase resulting in a government default that leads to a soar in precious metals prices? Or would the ascent be more gradual and peaking towards the end of August?

    Thanks again… your insights are great!

  9. Karen Starich Says:

    Jeff, Paulo, David,

    I will work on it tonight. I hear the consternation about it from others, so it’s a good question for everyone. I will hone in on it for the short term and into August.

    There’s a lot going on in the tax/debt/default issue that I also see so I will work on covering all of it.

    Thanks for the feedback :)

  10. jeff pierce Says:

    Great calls recently Karen. I did not see anybody out there calling for the silver breakout and I’m all over twitter. :-)

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