Commodities Astrology? Gold has risen to $ 1600, after touching $ 1921.
We are in the middle of a commodity bull market cycle, which started in 2000. We have been advocating buying gold, from $ 900 onwards. Silver has gone upto $ 32 and lead and others are following suit. Increased demand from China and India and the bearish nature of the stock market, global cues all lead to this commodity bull market cycle.
Gold price is inversely proportional to the Dollex, the USDX. Jupiter rules gold.
It was observed that a Bull Market Cycle lasts for 18 years. In 1982, we had the stock market boom and the bust of 2000. Not only the stock market, but the dot com market also went bust. This started the commodities bull market cycle and experts say it will last till 2016/18. So the stock market is on a decline, along with Realty and dot com. On the contradiction, commodities have gone up.
There are many reasons cited for the commodities boom. A falling US Dollar, the China Effect (more than 700 million Chinese will be added to the consumer class by 2020), the India Effect (more than 300 million Indians will be added to the consumer culture), tight supplies, demand more than supply and the interest rate cuts by the Fed.
Astrologically Jupiter in Aries, about to enter Taurus in May 2012, is responsible for the commodities boom. He rules Gold and other precious metals. (Gurum Kanchana Sannibham).
These are the correspondence between Planets and Metals
Sun – Copper and gold.
Mars – Copper.
Mercury – Brass.
Jupiter – Gold.
Venus – Silver & Aluminum.
Saturn – Iron, Minerals & Crude.
It has been observed that when the Stock Market is in Recession, commodities go up and vice versa. Here these years will seem a boom in commodities.
Some of the reasons cited for the commodities boom
The Fed will lower interest rates
Supplies of oil, grains and metals are very low and the possibility of producing more in the next few years is low
The Dollex, the USDX, may decline further
As the standard of living increases in Chindia (China and India), more consumption will be the order of the day, leading to heavy demand.
Gold is one of the best precious metals and we have been advocating buying gold at declines. We had started saying BUY Gold, when the price was $ 900 onwards. Now Gold is at $ 1628 for an ounce and still going strong.
The Oil Ministers decided in 2009 to trade oil in gold, yuan, yen and euro, as the Dollar was showing signs of weakness. This is one of the reasons why Gold is going up.
We have reports that billionaires like Soros and Bufett etc are taking up great positions in gold and buying mining companies.
It was observed that the Gold Price is inversely proportional to the Dollex, the USDX. Yesterday USDX was up by one point and gold declined from 1674 to 1645. Now it is at 1628 per ounce.
Jupiter represents Gold in Astrology. Now Jupiter in Aries is responsible for the secondary reaction happening in Gold. From a high of 1900 dollars, it is now at 1628. You can draw your own conclusions!