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.

Many of you are asking me what’s up with silver? Gold broke out above $1650 just as I thought it would, however silver seems blocked and can’t break out over the $41 range. I believe the Saturn (diminishing) square to the US Sun in Cancer is stopping silver from a run at the┬ámoment. In contrast the Saturn trine Saturn in the Federal Reserve chart is very positive for gold. The Sun rules gold however Cancer is significant for silver as the Moon rules Cancer and silver. Saturn’s effect is more of a block than a correction however. As a reminder I previously wrote about a setback for silver mid August. A Mars in conjunct in Cancer is more of an aggressive move on silver, so if you are long watch out August 16-19.

Gold could make a really big move up again on August 12th. Again this is Saturn trine Saturn (gold) it may help silver, but not in the way it will for gold.

Keep the big picture in mind. The events that I have written about concerning the silver correction in late April ending on May 17th is a turning point for silver not to go back to the former condition of the 1980’s. This is the new line in the sand. Going forward into to the future I see more upside.

Regarding silver breaking $50 in August or September. The Saturn square, until first week of September, could be menacing even though the Jupiter (also rules silver) is in Taurus (gold) and making some positive aspects. Saturn rules demand and Jupiter rules supply. The Saturn block has to do with trying to stop inflation. There will be another major showdown between supply and demand in January 2012 when the two planets will be in an almost exact opposition. This was the case at the end of March this year, during the silver rally, but will repeat in a rare occurrence because of a Jupiter retrograde.

Regarding the stock market. On August 12th this is the last day for an aspect of the Moons nodes squaring the US Neptune at 22 degrees Virgo. The Neptune at 22 degrees Virgo is very symbolic for the nations destiny. In numerology the number 22 is considered a master builder number and has a special significance. For the United States it represents a bloodline of people who have a destiny to be as a nation the leaders to bring into the world a more enlightened and humanitarian way. The square is a threat to the confidence and status of the principles America was founded on and the destiny of the nation. The aspect has been in place throughout June and July intensifying the deceptions and illusions of the reality the country is facing.

On August 12th there could be a sudden trauma to the dollar the status of the nation. This coincides with a full moon which can incite more fear of the worst. The stock market could be very volitile. some of you I know are going to ask me about the August 11th upswing. We may get the upswing only to be followed by more correction. I recommend along with Jeff to have cash on the sidelines.

The other dates to continue to watch: August 15h and 25th. Possibility for further downgrade or dollar status diminishment.

11 Responses to “Market Astrology: Gold and Silver Update”

  1. Rajesh Says:

    Karen,
    So once saturn square opposition is over around the end of first week of aug, then can we see silver move up sharply and go thru 50 by end sept.? Thks

  2. Karen Starich Says:

    Rajesh,
    For now I think silver is going to stay in the channel. Gold will continue to run highter for now. Starting Sept 5th and especially on the 9th could be strong for silver. This could prove to also be very positive for the miners.

  3. NoTribe Says:

    Dollar breaking down. Should be choppy for about 4 more weeks.

    Very bullish heliocentric Jupiter transit happening mid-Sept to Feb.

  4. Cristian Says:

    Hi Karen, whats about the CHF, yesterday we saw gaining/losing (it depend on which side you stay) 5-7% against other currencies. You think this train will stop or going further?

  5. Vince Says:

    Hi Karen, I know you are bullish on silver and gold, as well as rare earth. What is your opinion about rare earth stocks (MCP, REE, AVL, Lynas,…), betw now and mid Sept, and afterwards up to mid 2012? If the general stock market go down, how can these RE stocks go up, unless China further reduce RE exports, or an end-user like Toyota buy up a RE mine. Thks.

  6. Karen Starich Says:

    Vince,
    The rare earth minerals are critical for new aerospace technologies that we are now seeing covered in the media. I am very bullish for the long term and yes I see more challenges with China. More increases into September for rare earth. Nothing has changed since De Gucht’s visit.

  7. bob Says:

    Karen,

    Great call on rare earth metals- along with Jeff. Solid earnings release from MCP yesterday and looking good today in pre-market. Also nice move with REE over the past week or so. Sitting on gains of over 20% – greatly appreciated. Karen, I’m curious if the possibility of war/unrest next week points to a particular date? The main cycle analyst that I follow has another turn down for the market next week (between Aug 15 and 19). Probably one more push higher than watch-out. Problems in France could be the catalyst.

    Bob

  8. Karen Starich Says:

    Bob,
    I also have Aug 15th as a very critical day.

  9. Paulo Says:

    Hey Karen….

    Just curious on your thoughts for a potential pull-back for Silver that you wrote about for Aug 16-19. Could this possibility carry into next week or once the 19th has come and gone would you say that support has held? Thanks!

  10. Karen Starich Says:

    Hey Paulo,

    Hope to have it posted tonight or tomorrow.

  11. Paulo Says:

    Thanks Karen…. have a good one.

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