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Showing posts with label falling US dollar. Show all posts
Showing posts with label falling US dollar. Show all posts

Oct 15, 2010

Midas to US n Uranus with gold prices ballooning

This economic news from Thursday with gold on the rise; transiting asteroid Midas continues to affect by conjunction US natal Uranus 8Gem55, America's totem planet; 2010's Great Conjunction/s of Jupiter (money) and quirky Uranus may have something to do with it since their June 2010 conjunction occurred at Aries Point upon US natal Ic in the Sibly chart:

Posted: 14 Oct 2010 08:59 PM PDT

Hints of mutiny within Fed as attempt to crash dollar becomes clear

(Steve Watson) – The US dollar plunged once again today as the currency continues to be battered by increasingly substantial rumours that the Federal Reserve will announce, within the next three weeks, plans to buy $1 trillion of government debt in the form of “monetary easing”.

The dollar hit a fresh 10-month low Thursday morning, falling for a third day running against a basket of six major currencies.

The greenback is trading at a near 15-year low against the yen as the selling pressure picks up momentum.

Continue reading...

And if you missed NPR's Planet Money feature today We Bought Gold read or listen to the audio concerning their new gold-buying project with its details on why the price of gold is ballooning.

Plus, some historical perspective may be gained from the famous Cross of Gold speech delivered at the 1896 Democratic Convention. And in a flurry of historical synchronicity, the Great Conjunction/s of Neptune and Pluto (1891 - 1892), the Robber Baron duo, occurred at 8Gem38, 8Gem19, and 7Gem4...where tr Midas (and tr Pan of panic fame) now languish.

Rich vs Poor = class warfare, y'all!

Oct 6, 2009

It's official: ditching of the US dolllar - buy gold

Update 7:53 pm edt: did I type the post below too soon? Public Radio's MarketPlace is poo-pooing the dollar's demise - or providing counterbalancing propaganda to keep us from freaking out!

Original post begins here:

China, France, the Arab States and others are ditching the US dollar as reserve currency and one would think that the US and UK must be very worried.

Cries of denial from the White House which once rang hollow will now sound nutty to me so I went searching for a news article on the situation as it stands so far. The only one I've found is from BBC News in the UK, which will be forced to join in with the euro after all if the dollar fails.

BBC News reports that today's top price of gold in London and New York - over $1,039 per oz at 7:22 pm edt - is due to concerns over the falling dollar.

Wonder if Afghanistan is all that President Obama has held secret meetings about of late? If it is, what in the world is he thinking?

Astrologically, the recent 'grim reality' transit of clearheaded, restrictive Saturn to US natal Neptune (idealistic planet of dreams) in hard-working Virgo (in 9th house of Foreign Lands) keeps on giving - health care reform morphs into health insurance reform - and it's not been feelin' so well.

Now more cold water is tossed in the faces of working people's dreams for America, their families and futures.

But not to fret - our plutocratic oligarchs are feelin' fine.

Please see my previous post for Ron Paul's views on such subjects as gold and the Fed...video provided.

Jul 14, 2008

Week of July 14 in Financial Astrology

Financial Astrology: Week of July 14 has been published with links to Ray Merriman's excellent articles if you're interested in tracking or learning more about financial cycles and the upcoming mash up.

Mr. Merriman relates the now forming Saturn/Uranus opposition to financial cycles which are highly unstable now, to the Fed, and to the possible presidencies of a D or an R president so check out the work of an excellent financial astrologer who has his finger in the pulse of our falling dollar.

There's still a pulse? you say...barely!