The gold price has fallen to its lowest in more
than five years as talk of a US interest rate rise this year has led investors
to sell the precious metal. The price fell 4% to as low as $1,088.05 (£697) an
ounce in Asian trade - the lowest since March 2010. Investors turned to the US
dollar, which rose on the likelihood of the Federal Reserve raising rates
because of a stronger US economy. Investors generally buy gold during times of
uncertainty. Monday was the first time the metal has traded below the key
threshold level of $1,100 since 26 March 2010. July 20; http://www.bbc.com/news/business-33590480
The crash in
gold started today at the Shanghai Gold Exchange. A chart for the Sun’s entry
into Cancer at Shanghai is shown here. The Sun makes a hard aspect to the conjunction of Venus-Jupiter in Leo, the sign ruling gold, in the 5th
house linked to speculation. Among events connected to the stars that form the backdrop to
Venus-Jupiter, Diana Rosenberg includes, “the collapse of extreme speculations”
and gives the following examples.
There was a solar eclipse here in
1636, three months before the collapse of the “Tulip Mania” that had held
Holland in thrall from 1634, with wild outrageously high prices for bulbs, and
a solar eclipse in 1720 one month before the collapse of the “South Sea Bubble”
speculation mania that caused financial collapse and utter ruin to thousands.
Mars in Scorpio, squared these stars at the 1929 Stock Market crash.
Progressing
the Cancer Ingress chart to July 20, the date of the gold crash, brings
Venus-Jupiter to the IC triggering the event.
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