The recent pullback in silver is counter intuitive to the HUI and suggests something is not jiving with the paper price of silver. There are currently very strong aspects with Jupiter (silver) and Saturn (gold and mining) to the U.S. chart that would suggest institutional investors acquiring large amounts of the precious metals. There could be more backwardation going on behind the scenes as the miners look bullish while the paper prices are moving lower. Silver Wheaton (SLW), Pan American Silver (PAAS), Mag Silver (MVG), and Coeur D Alene (CDE) have not pulled back in line with the paper price and continue to look bullish.
I would have expected more of a bounce with the paper price along with the Jupiter/Saturn aspects, and that has not materialized. There is another opportunity for the silver price to move higher near November 6th-23rd, so we will have to see how that plays out. We may continue to see smaller incremental moves for silver into the end of 2012.
There is a transit to the Federal Reserve chart from the planet Hades that could be very debilitating to the price of silver and gold. Hades (rules banking) is opposing the Federal Reserve Sun in Capricorn (gold and mining) and suggests an intensifying tug of war over the control of the metals. Hades moves very slow so this transit will be hanging around until mid 2014. The influence is very exhausting as neither side wants to give in. We have the bullion banks on one side manipulating through paper transactions and lease agreements, and the gold and mining bugs on the other with their vast network of investors and website propaganda machines.
In order to get another very bullish run we will have to have some very strong transits with Uranus to throw the banks off balance. That may happen in April of 2013 when Uranus will square the U.S. Sun then oppose the U.S. Saturn while at the same time making an inconjunct to the Federal Reserve Moon. The setup suggests there could be a change of leadership coming within the Federal Reserve and we could see an explosive move for silver near April 4th-10th of 2013.
The article is written by Karen Starich, who uses astrology to forecast events in the financial markets. Astrology Traders provides specific dates and in-depth analysis of future events for the financial markets through weekly updates, trade alerts, and educational webinars.
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