Astrology Update: A mistake on my projection for Sept. 14
My price drop projection here was clearly wrong. The correction I saw starting on Sept. 13 was clearly not accurate. What I do see going forward is the potential for a move up that will make a statement for years to come. There is a rare Venus retrograde (Venus rules Taurus and Taurus=gold) that will trine the Sun in Taurus(gold) from the 8th house (investors) in the comex chart. Venus will sit there for two weeks trine the Sun and oppose the 2nd house of the financial institutions who have actively held the prices down. This is a very powerful transit that will clearly make the manipulators aware of their limitations.
I do agree with others who have suggested a move even to $1600 because of this rare transit that will start on 9/28/10 through 10/20/10. it will peak again 12/18 - 12/20. I do believe this transit will also bring to light more revelations about the status (or lack) of gold reserves in America. I cannnot stress enough how important this transit is and how it will cement a change for both silver and gold that will last for years despite corrections.
The markets in general will explode up November 2. An anti-conservative bill to pass in December and most likely a major market correction December 22, 2010 and not stable again until March 2011.