Reviewing the situation



Mercury makes me think again.

First of all, hello again. As you will have noted there have been no posts here for a while. This is not because I have gone into meltdown along with the banking system, although I came close this morning!

In fact, I was away for a large part of mid-September, and had to follow the events from the 15th on my blackberry and sometimes, when in the desert, not at all.

I had originally planned, on my return, to submit an updated summary analysis of what I concluded globally would happen from 2008-2012 based on a consolidation of all my individual forecasts. But obviously events have been more exciting than even I expected, and significantly more negative than I expected at this stage, despite criticisms that my forecasts were a bit depressing…..

Anyway, Mercury has been retrograde since 23rd September and that makes it a perfect time to go back over what has occurred and revise ones position.

As I said before, my long term forecasts can only be relied on to predict the timing of events within 1-3 month basis as I am not looking at the minor factors that trigger the exact timing, so I am not apologising for not getting the exact timing of some events right. However in this case I am particularly interested in what is contributing to such extreme conditions and why now?
Finding the perp.

We do have an approaching Saturn –Uranus opposition, and certainly that would lead to some big shake outs and removal of dead wood in any circumstances. Remember what happened to the Nasdaq in 2000 when they were square each other. But this cannot be the only cause. First, the two planets are in hard aspect every 8 years or so and people are now talking of 1929 again. Secondly, the degree of their first opposition is not strongly highlighted in many of the individual charts I looked at. The approaching opposition is making people nervous and is almost certainly an accomplice but it is not the main culprit here.

I mentioned in my forecast for the Dow and Nasdaq that 15th September would see a time of volatility (one of what has turned out to be my significant understatements). This deduction was made on the basis of the full moon at the August full moon eclipse degree. And the position of Neptune at that degree.

Now I am not a lover of Neptune at the best of times. But the more spiritual astrologers do like it as, they claim, it shows our ability to connect with the higher plane. It is not though, we would all agree, terribly great for materialistic impulses…..

However in a strange way, Neptune also rules money (but not material wealth)- as money is a faith based system (or a “no faith at all” system at the moment). And since Neptune is also perfect for dissolving everything it touches, and when negatively placed, rudely awaking people from their delusions, it is clear that it has all the hallmarks of the perpetrator in the case.

Neptune takes 165 years to make a circuit of the zodiac. 83ish to do half. Its position in the charts of the indices and countries is therefore more likely to be a contributory factor to the, thankfully infrequent, events of the last month.

The other hint that it is still the August eclipses that we should be considering, is the birth-chart of Mr Paulson.

Hank Paulson was born on 28 March 1946. We do not have a time – though I can guess at a couple of possibilities. However one of the key factors in his chart is an opposition between Moon and Pluto, which is at 9 degrees Leo, the degree of the 1 August solar eclipse.
Mt Paulson also has Sun opposite Neptune at 7 degrees of Libra/Aries, within a degree of the September 30 new moon

If one supports the free will argument, one could claim that it was reckless in the extreme to appoint such a man to his position with such astrological signatures. But if one believes we are all tools of fate, then it was Mr Paulson’s destiny to be involved in the downfall of the world financial system. Don’t we all wish we had such a glorious destiny in store for us?

Anyway, the upshot of this is that his chart confirms the importance of the eclipse degrees and Neptune in the events that have unfolded.

The one question I haven’t satisfactorily answered yet is why the major events happened in July and September through October, but not actually in August. I believe that from a practical point of view a lot was happening behind the scenes then, but the vacation season meant that there were no governments in place to make decisions so nothing happened until they could. I may return to this theme when I do my consolidated review in December.

So what next?
Have I changed my forecasts for the future in the light of everything that has happened in the last few weeks? After all, it is as bad as it can get, right?

Wrong.

One of the things that is remarkable about this so called crisis, is that everyday I walk through the city of London to and from my office, and everything looks just as it always did. The Neptunian system might be floundering but the real world is still solid. So far.

Another thing that is interesting is that yesterday, even though the US indicies closed down, there were still gainers. That is significant, has not been the case on all the down days and a point missed by commentators. Switching is still happening as well as selling.

It makes sense. The market was right before though it is overreacting now. Banks first, insurers with bank share exposure next as the markets fall. Then later economic problems with general and food retailers, transportation cos, etc. Utilites, infrastructure support (though not construction) drugs and food, energy (though not oil at speculative prices as in June), a few specialist luxury retailers, and information should survive though not grow much in real terms. Still better bet than cash which will be eroded by govt, indebtedness.

So, I am not changing my predictions, indeed I am now beginning to understand them better. When I was writing in April through July, it was difficult to see how we would get from where we were to where we seemed to be going. Now it is clear. Nationalising of banking debt (whether via direct nationalisation or indirectly through other bail outs) is taking us to what I can see for 2009, i.e huge government debt/money supply and subsequent currency collapse in some major countries e.g. US and to what I see for late 2009-2010 etc, severe recessions and civil unrest in some places.

This also accords with what I forecast for the markets in the medium term to 2012; much chopping and changing of sectors, some mini bubbles and some big bankruptcies, and lots of continued volatility in most of the indices. But not complete wipe-out of the stock-markets, at least before 2013.

So does that mean some recovery in the markets from today? I believe that it does and that the turning points are in the next week.

Today will probably continue bad as the moon approaches Neptune. But may change after the conjunction at 11am BST ( 10AM GMT), about the time I am going to be posting this. Monday looks unsettled but without direction, and Tuesday like a final collapse and turning point as the full moon trines Neptune. Wednesday has Mercury go direct at the end of the US trading day suggesting sentiment change.

Nevertheless, the continued full moons at 21 degrees of each sign in aspect to Neptune until the February eclipses, don’t suggest big recoveries. And by then we will begin to see what will happen to government debt and to some dying sectors.

Coming in October
Iceland – the one I didn’t post before.
A brief look at Switzerland, another banking nation.

A more detailed look at consumerism and the Neptune/Pluto cycle that was touched on in my search for an oil chart.
A more in-depth look at next year’s Neptune/Jupiter/Chiron conjunction and how it may manifest.
And since everyone needs a bit of light relief, so I am going to do a review of “pop” music one week

Coming in November/early December
Serious stuff
Russia
India
Pakistan
North Korea

And in December
Germany,
Italy
Spain

And starting 2009 with the consolidated review I have been putting off.

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