ASTRO-FINANCE FOR MAY 2023
By Barry Rosen
GENERAL ECONOMIC INSIGHTS:
We have our 2nd eclipse coming on Friday, May 5th at 21 Libra in the constellation of Vishaka and it is not visible in the US or London but is visible in India. We have already seen the fall of major media people after the April 20th Solar Eclipse with the firing of Tucker Carlsen from Fox and the firing of Don Lemon from CNN.
This week, we have the Pluto Station on May 1st at 6.11 Capricorn very close to the natal US Pluto at 6.47 Capricorn. Major transformation for the United States is going to continue and it will not be the same next year. We are optimistic for a positive transformation due to the exact trine of Jupiter from Taurus to Capricorn at the exact Pluto return next May. Pluto retrograde can increase corruption, violence, and political craziness and bring about more fanatical pursuits of Power as we saw with the implementation of masking and Covid vaccine requirements. Not sure how this will manifest but at publication, many Red states are pushing back against trans rights and abortion with the passage of legislation. The State of Kansas just passed its Woman’s rights bill against the Governor’s veto was overridden by the legislature supporting women so they do not have to compete with trans male athletes or be with them in the locker room. Other states like Montana are following suit.
We had mentioned that the banking crisis would not go away and we had First Republic bought by Chase to save it on May 1st and today we have First Horizon bank crashing. We are moving toward the Jupiter/Rahu conjunction, which is a signature for bankruptcy, and it happens in the True Node system on June 2nd, and a bit earlier in the Mean Node system. We saw a banking crisis in 2007-8 when Jupiter and Rahu were conjunct in Capricorn. Its impact will be felt within 3 degrees by mid-May. Have we learned our lessons? Stock market cycles seem lower from mid-June to mid-July and thinking that the budget crisis and the banking crisis will not get well as the debt ceiling comes to a head.
Based on stock market cycles, the banking crisis would appear to happen in June and July and be complete in early August. The debt ceiling crisis may be another ugly event that will not help our finances. The dollar will be a victim and major allies are now switching sides with China as Saudi Arabia and Brazil and Malaysia are the current countries leaving the Petrodollar world when the dollar is not the center reserve currency for the world, it will be a different world. My projection on the US Dollar index is 73.20 this year or next and that would be about a 35% fall.
At some point, we have to issue a special report on this. Putting money into short-term treasuries is always a good thing to do, and luckily it is easier now with Treasury Direct. https://www.treasurydirect.gov/.
Gold coins and bags of silver quarters have already inflated and are hard to get, but you can buy gold jewelry and chains that have investment quality, and you can look at this website: https://mene.com/investors . The script has been toward pushing your money into the big banks like Bank of America and Citibank and Chase but the point of that is that small regional banks are harder to control. Many of them may be fine but if psychology moves people to withdraw and consolidate their money, then it will be easier to control. As always, it’s good to have your money in multiple places and we cannot get into fear mode but be practical. Please get advice from sound money managers and be practical. We are not wanting to create fear but astrology is in crisis mode for banking.
The tightening cycle is closer to being done with a rate hike on May 3rd but another one may come. Interest rate highs should be happening here and longer-term cycles suggest lower rates overall into May 2024 as the recession starts coming home and the FED has to start tightening and may have to start loosening. The result is more loss of jobs which is something the FED does not care about as they know employment insurance picks up the slack for 6 months. The stock market is always ahead and will initially rejoice at the end of the tightening cycle until reality hits. But the banking crisis is difficult for the stock market.
The lag time has been there in the past for stocks crash as the first reaction is that the FOMC will ease rates and the market is always buying 6 months ahead but the reality of recessionary action will hit and earnings will be down. We have been looking for a difficult time for US stocks in September/October/November. But first, we could still get a last rally in May and it may continue into mid-June with Sun in Taurus and moving toward the Saturn sextile onto Jupiter which often is signature for a stock market high. Mid-June into mid-July looks like a stock market correction and it could be deep and maybe at least 5-10% but if it is not dire, the stock market will come back as Jupiter moves toward Uranus in Aries and is stationary into Sept. 4th and gets within 7 degrees of Uranus which is at 28 Aries. We have to see how ugly the fall in June/July is. Jupiter/Uranus conjunctions are usually very good for the stock market. This is also coinciding with the 12-year cycle of Jupiter in Aries when in Sept. 2011, stocks made a high and then fall into May of 2012.
The problem for the fall is Jupiter will be opposing the debilitated Sun and Mars in Libra with Mercury in the fall of 2023 and that is similar to the oppositions we had between the bearish signs of Aries and Libra, two air signs, which caused more rapid stock market declines. In Oct. 1987, we had something very similar and hence there is more crash energy in the fall of this year.
Gold hit 2085 on May 3rd on flight to quality with the latest banking crisis. Gold will probably stay above 1980 now and continue to go higher to 2135 and 2250. Larger cycle highs for gold are due in Sept. as it is gold like the Sun in Leo and Jupiter will be trining it and we have another cycle high in early November with Venus trining Pluto into Nov. 6th as I find Venus/Pluto aspects are often connected to gold highs. We still like gold as a good investment this year and so watch pullbacks into mid-May.
Gold is far from done and always does well with Sun in Leo in the fall and Jupiter will be aspecting Leo when it goes into Aries on April 21st. We have a gold cycle higher into 2024 for now. Gold could accelerate in a crisis to 2245/ Stay on top of our daily forecasts with Fortucast.com newsletters.
We have a gold cycle higher into the year 2024 for now. While the bankers have manipulated gold for 12 years and lost lawsuits proving that they did, they are running out of money to play this game and many gold cycles look strong in the year 2028. We doubt that gold will go below 1930.
Natural gas looks like it has a long-term uptrend and has bottomed and should be higher into the year 2025. June futures should hold at 1.80. It will base for a while until we get a hot summer increasing demand.
Europe avoided a crisis with a mild winter but how long with that last? Natural gas futures are an Aquarius rising and Saturn going back into Aquarius for the next two years will ultimately help this market. Still, UNG, the ETF for natural gas did bottom at 7.00 but could go lower if futures push to 1.80. Natural gas should rally to 13.00 eventually and there are still shortages in the world even if the European cold winter did not manifest this year.
Worldwide food shortages will also fuel inflation as grain cycles are set for a cycle high into May 2024. There are grain future ETFs like SOYB for soybeans and CORN for corn and WEAT for wheat. The grain cycle lows for corn seem to be delayed until after Memorial Day and beans are also due to fall into early June.
CRYPTOS: Bitcoin put in a reversal signal into April 20th just around the Jupiter opposition to natal Mercury at 29 Virgo in the Bitcoin chart. We think it will be vulnerable still as SEC tries to regulate cryptos out of existence as indicated by the SEC filings against COIN and continues fall of major players. I do not trust cryptos because they are not regulated and we have seen so much abuse with the last scandal with Bankman-Fried and the FTX scandal which gets uglier and uglier when you look at the details. Ketu and Mercury have a lot to do with Cryptos and Saturn’s trine to Ketu is not helpful at the moment in transit and we will be cautious. Not sure Mercury retrograde is helpful either. Maybe they will come back with the US budget crisis between mid-June and mid-July but will they be at 14000 or lower by then for Bitcoin?
TECH STOCKS: Tesla may have bottomed and our client’s daily newsletter had gotten a projection to 153 which came in. With NASDAQ 100 futures likely to take off to 14000 next but have to hold 12800. Tesla has a chance to go higher and we think 240 and 260 are possible targets if stocks are higher into September as we have seen. The entry may be after the Fed announcement on May 3rd. At worst it would fall to 140.00 into July and we have to be careful here as there are some lower targets to 113 even if the market fails to launch.
Remember to work with your broker. Trading and investing have to be done both technically and astrology can help but should not be the only factor in making a decision. You have to buy low and sell high.
As always, this is my snapshot thought for MAY 4, 2023. New information comes in daily. If you are a trader or investor, consider my Fortucast newsletters which are published daily at www.fortucast.com. A trial subscription is 97.00/month. If you want to learn financial astrology visit my website at www.appliedvedicastrology.com and click on the Financial Astrology link.
ABOUT BARRY ROSEN: Barry Rosen has been practicing Vedic astrology since 1987. He has visited and studied in India on 4 occasions and has spoken numerous times at the American Council of Vedic Astrology Conferences in Sedona, AZ since 1999 and also at the British Association of Vedic Astrologers in London since 2006. He has been involved in Vedic culture since 1973 and is a long-time meditation and yoga teacher and a published poet. He has had many Vedic astrology teachers including Komilla Sutton, Marc Boney, and Robert Koch, and has taken several mini-seminars from Sanjay Rath. In the last seven years, he has moved away from his specialty in Investment and Mundane astrology to his fascination with the psychological and spiritual dimensions of Vedic astrology. He is the author of five books on Vedic astrology including The 2018-2020 Vedic Almanac series, Finding Your Blind Spots Using Vedic Astrology, Signs of Life from the Astrological Zodiac: The Spiritual Dimensions of Planets, Signs, and Houses in Vedic Astrology and Mysteries of Saturn and Capricorn: Mastering the Energies for Growth and Transformation. They are all also available through Amazon.
He has been teaching classes in Investment Astrology since 1990 and began teaching the other aspects of Vedic astrology specialized courses online in 2017, including Dashas, Transits, Personal Finance, Health, Longevity and Death, Nakshatras, The Spiritual Dimensions of Vedic Astrology, Secrets of the Houses, Relationships and many more. In his consultations, he focuses more on the emotional and mental patterns in the chart and their impact on consciousness which can create waves of illusion blocking you. A good consultation should help you witness the play of karma so that you are not gripped by it; you can transcend it and realize your Divinity, becoming the commander of the planets and not the victim. Barry Rosen also operates a blog on Facebook under Barry Rosen and also Astro-Yoga and his professional astrological website is www.appliedvedicastrology.com. He can be reached at firstname.lastname@example.org.