Time to Take Profits

As projected before (http://astro-ipo.blogspot.com/2009/09/gold-soars.html), gold will break out of its major resistance in October and the middle of the month is almost here. Gold is getting overbought and dollar may stage a rebound. Pluto hitting a critical degree against the Dollar will be exact tomorrow - Oct. 15. It's time take to slowly take profits off the table, risks in staying longer is getting higher -temporarily.

Gold Hits New Highs !

by Resti H. Santiago



Finally, gold has risen above its previous high and is almost close $1,050. One of the reasons for this move according to Marketwatch was the rumor that Gulf Arab states, along with China, Russia, Japan and France are planning to trade oil in a basket of currencies which would include gold, instead of using US Dollar. The rumor was flatly denied by Saudi Arabia but as the saying goes, when there's smoke there's fire.

http://www.marketwatch.com/story//potential-end-of-dollar-based-oil-deals-lifts-gold-2009-10-06

Astrologically speaking, we are now very close to a time band wherein there is a very strong pressure on the dollar. This is due to the repeat of an opposition between Pluto in Capricorn and Dollar's Sun in Cancer. As projected before Pluto hitting critical degrees of Capricorn portends an occurrence of events that will challenge the status of the dollar as the world's reserve currency. The reported plan to end oil-trade in dollar in another of such events, maybe more are to follow.

Gold is now being seen as money.

VOC Trade

It helps to pay attention to the void of course moon when trading. One such VOC day was on September 30,2009. As shown in the chart of the Dow (courtesy of yahoo.com) the index fell sharply within the first 30 minutes of trading only to be reversed within 3 hours. At the end of the day, the level was almost at the opening price.

Lesson: Do not trade on the direction of the opening trend when the moon is void. More often than not, the trend will be reversed within the day.

This is one important lesson I learned from my teacher in financial astrology - Kaye Shinker.

U.N. Under Fire

by Resti Santiago


Weeks before the anniversary of the founding of the United Nations, comes an unexpected criticism on this decades-old institution. Moammar Ghadhafi, the leader of Libya, chastised the UN in a privileged speech given on September 23. Ghadafy voiced out an opinion that may be shared though unexpressed by other leaders like him. He believes that the UN is not really representative of a united world because the veto-wielding Security Council treats the rest of the member countries as second-class members. Why? Because these veto power is a privileged of only 5 member counties namely: the Unite States, Britain, France, Russia & China. How can the rest of the world be represented and heard properly. The solution as he suggested is to add more members into the Security Council or to abolish it entirely.

With Saturn about to enter Libra, the sign of peace and the sign of two planets that symbolically characterized the United Nations, Ghadafy's words may become pregnant with meaning. Saturn is the planet that wants to see results. As Ghadafy asserted, UN has failed to prevent in dozens of wars worldwide.

By next year Saturn will conjunct UN’s three planets in Libra – maybe other world leaders will have ideas similar to that recently expressed by Ghadafy. The UN must heed this criticism and look at itself and take Ghadafy’s words as constructive so that it can institute much-needed reforms. Eventually, UN may face its greatest challenge when Uranus enters Aries- the sign of war and the sign opposite of Libra.

UN Under Fire

By Resti Santiago



Weeks before the anniversary of the founding of the United Nations, comes an unexpected criticism on this decades-old institution. Moammar Ghadhafi, the leader of Libya, chastised the UN in a privileged speech given on September 23. Ghadafy voiced out an opinion that may be shared though unexpressed by other leaders like him. He believes that the UN is not really representative of a united world because the veto-wielding Security Council treats the rest of the member countries as second-class members. Why? Because these veto power is a privileged of only 5 member counties namely: the Unite States, Britain, France, Russia & China. How can the rest of the world be represented and heard properly. The solution as he suggested is to add more members into the Security Council or to abolish it entirely.



With Saturn about to enter Libra, the sign of peace and the sign of two planets that symbolically characterized the United Nations, Ghadafy's words may become pregnant with meaning. Saturn is the planet that wants to see results. As Ghadafy asserted, UN has failed to prevent in dozens of wars worldwide.

By next year Saturn will conjunct UN’s three planets in Libra – maybe other world leaders will have ideas similar to that recently expressed by Ghadafy. The UN must heed this criticism and look at itself and take Ghadafy’s words as constructive so that it can institute much-needed reforms. Eventually, UN may face its greatest challenge when Uranus enters Aries- the sign of war and the sign opposite of Libra.

Gold Moves

The world is indeed changing. The money is flowing from the West to the East, not just in terms of dollar but in terms of gold. Early this month, HK has requested the physical delivery of its gold deposits in London. The plan is the transfer the bullion in a 3,660-square-foot depository that may well serve as the region's gold depository. This move is seen not just a move against the US/Dollar but against London's status as a key settlement-and-storage center.

Soon after, non other than the United Nations joined the fray of those who are questioning the Dollar's status as the world’s reserve currency.

http://www.marketwatch.com/story/hong-kong-recalls-gold-reserves-from-london-2009-09-03?siteid=rss


After hitting 18-month high while the Moon was in Leo (the sign of gold)in the past three days, gold price is down today and maybe till tomorrow as Moon is now in Virgo and more importantly as Chiron and Saturn forms a negative aspect with planets in the Gold Chart, late-comers should be ready to buy gold around $1,000 which may be tested soon if it’s the new floor.

As Pluto gets closer to another exact opposition with the Dollar Chart’s Sun in the middle of October, gold will hit new all time-highs.

Yellow Metal in the Middle Kingdom

As if to emphasize the importance of gold in the Middle Kingdom, Chinese officials have recently encouraged their citizens to invest in gold thru jewelry and thru the newly-listed gold futures at the Shanghai Futures Exchange.

That comes after the fact that ever since China admitted that it has been a keen gold buyer in the last five year, China is now the world's 5th largest holder of gold in its reserves and maybe setting the trend among central banker's stance to become gold buyer instead of gold seller.

Also worthwhile noting is the fact that China was the 2nd largest consumer of gold in 2008 and is now the largest producer of the yellow metal.

Thru the eyes of the Chinese, yellow is the color of money.

Gold Soars!

Saturn will hit USD this month and Pluto will soon follow when it goes back to the critical degree by October - gold will soon breakout of the H&S pattern.