NOVEMBER 2023 ASTRO-FINANCE
Anxiety in the US has escalated since the Israeli/Gaza war was brought on by the Mars/Ketu conjunction. What comes next? You people who are afraid of a world war can postpone their worries. Fortunately, these grand master chess matches take a long time, and both China and Russia have long-term strategies.
The problematic phase lasts until the summer of 2030, when Saturn enters Rohini (Taurus 10-23.20), beginning the 30-year cycle known as the Rohini Sakata Vedha. The ancients saw this as an even more catastrophic period of time, provided certain other factors were in place. The last time this occurred was during 9/11 and the onset of the Iraq War. Although it is a very important time for the planet, things are not dreadful. In order to bring in a spiritual age, spiritual masters are laboring to elevate consciousness and change the karma of the planet.
Even yet, November does not appear to be a picnic due to a number of challenging situations for Mars, including its conjunction with the Sun on November 18th, its square with Saturn from Aquarius on November 25th, and Saturn’s squaring of the Sun on November 23rd. when we have been writing about over the past few months, the nodes are altering when Rahu enters Pisces on October 30 in the Mean Node system and on November 28 in the True Node system.
Mars is the planet of debt, and on November 16th, when Mars and the Sun align at zero Scorpio, there will be another government shutdown through November 15th. Western Astrology likes this conjunction because it is known as Cazimi, and it spiritualizes Mars as he travels into the Sun’s heart. However, it is uncertain whether this conjunct would lessen external events like violence and conflict. We dislike powerful malefics like as Mars in Scorpio from November 16 to December 27 and then in Sagittarius from December 27 to February 5, which is the sole sign in the zodiac associated with battle and the archer emblem. Therefore, I doubt that the conflict situation will improve until at least the end of January.
We predict that there will be a global debt crisis as well as US debt issues.
Here are several crucial elements:
Uncle Sam needs to pay a large bill. The US government’s debt interest payments have increased rapidly due to a combination of large borrowing during the pandemic and rising interest rates. It appears that annual interest payments will soon reach $1 trillion, and they will probably increase considerably more when maturing debt needs to be refinanced at higher interest rates. The US’s total interest payments now match the amount of debt they owed in 1980!
Typically, inflation occurs in waves. This may be due to the fact that it frequently results in problems that governments and central banks attempt to remedy by implementing expansionary policies. For instance, there were two significant waves of inflation in the 1970s prior to Fed Chair Volker’s eventual successful return of the inflation genie to its bottle. There is a chance that inflation will resurface since the dynamics of inflation now resemble those of the 1970s.
Enjoy these low gas prices while you can since we do believe that oil will return to $150 per barrel and cause inflation to rise until May 2024.
As we all wonder how long other nations will continue to finance the US’s debt habit to fund the military-industrial complex, the US is also a Sagittarius rising chart. Frequently, I find that the transits through its 12th house of Scorpio, with Mars in Scorpio from November 16–Dec. 27th, Sun in Scorpio from November 16–Dec. 16th, and Mercury in Scorpio from November 6–26th, are not helpful for the US economy. You know someone is getting paid off if the bond agencies decide to degrade us much more at this point.
Bigger financial mishaps:
It’s not difficult to anticipate the end of the golden age when we combine our forecasts for gold, silver, energy, interest rates, and a stock market meltdown. Even if we can pull off a small recovery in the first quarter of 2024, things are likely to get worse until 2028 when Saturn enters Aries in June 2027.
Only an economic reset will be able to handle the trillions of dollars of debt that have been created worldwide, and the promoters of the CBDC Central Banker understand how to seize control of you in an emergency. The good news is that money can be created by central banks and made available to you electronically. The bad news is that they have the ability to monitor and regulate your use of that money. Some believe that this could materialize even by 2024, so keep purchasing those bags of silver quarters. Since Bitcoin may easily regulate itself out of existence, we do not believe that it will save the world. With Pluto’s return and the second solar eclipse over the US in May 2024, the US situation is likely to morph into something more serious, possibly a brief economic collapse that gives the government more power. How else can you avoid turning into Zimbabwe while resolving an issue involving trillions of dollars in debt? Battle? World Wars? It appears that government exists primarily to maintain control and power over the populace. Will fresh leaders step up to turn around our dire circumstances?
STOCK INDUSTRY:
October saw very little improvement in the stock market. The larger planetary cycles for the remainder of November and December don’t seem promising, even if we think we might be able to slip one in after the FOMC meeting on November 9.
At best, Cash S&P would be beginning the two-week rally to the maximum of 4337, which would be followed by a move to 3980–4020 in November. The more likely minimum cash aim is 4296. The overall trend is still indicating a decline to $3,230 in cash. It is unclear how long that will take, and it will depend on geopolitical developments.
Rate rises are expected to stall in the market, and any dovish news might trigger a rapid reversal of the rubber band on Friday, Nov. 3. Cycles appear to be improving for that to occur at the announcement on Wednesday, November 1. We will remain open for a two-week rally as late as November 9th, but patterns point to a recovery to 4200 or 4337. We are in a war market, and it is fairly obvious that November 10–24 is lower, so a Turkey Rally is not likely. It doesn’t take a rocket scientist to realize that there is a crisis in the US 12th house by the time Saturn squares Mercury on November 10 and enters the harsh aspects of Saturn squaring the Sun and Mars on November 23–25.
A bear market that will last for years has now been confirmed by the cash closing below 4167. We anticipated that it would last until August 2024, and we have some expectations for a 2024 first-quarter rebound. It will be specific to that. Will the S&P cash see 3500 by the end of December, and will a first-quarter rally to 3850–3950 mean anything? If the market holds 3500 this year on the S&P cash, the acceleration fourth quarter may easily lead us to 3500, and 3343 and 3032 would be easy objectives for the third quarter of next year.
As a result, you should continue to ease up on 1-2 week recoveries and get ready for a bear market. As of late December and early January, we have embraced the bearish pattern for the 3500, and we should use rallies to exit long positions and enter short ones.
Since we are moving one week ahead of FOMC and the war cycles are still chaotic, we shouldn’t get carried away with the idea of a dramatic move-up in the next weeks. Rising rates and the backdrop of war news have turned everyone at rallies a sale. Purchasing appears risky, unless one is an aggressive trader.
With Venus in Virgo from November 2–26 and the Sun in debilitation in Libra until November 16th, November is a challenging month. We also frequently perceive fall to be sad as winter draws near and the leaves begin to fall.
TESLA released a breakdown after hitting 250. Tesla is awful, and the market is getting near to giving in to pressure from 188. At 242.00, the market made an upward gap, which might be the area of recovery on November 9. The fourth quarter’s key weekly chart support is at 197.00, and it is now looking realistic to reach 150 and 134.65, as per our estimate. In his speech, Toyota’s CEO reminded everyone that people are becoming aware of the drawbacks and issues that come with electric vehicles (EVs), such as the fact that long wait times at charging stations mean that CO2 emissions won’t be reduced and that burning fossil fuels in coal plants is necessary to power the stations. Does the use of slave labor to harvest materials for these batteries upset anyone? China appears unconcerned as they advance into Africa to seize control of additional minerals, take use of their labor force, and profit handsomely from electric vehicles.
Gold
Following the battle and the Mars/Ketu conjunction, gold finally began to rise. Although it technically gave a buy signal, it is expected to lose momentum when Heliocentric Mercury exits Sagittarius after November 10th, with upper objectives of 2072 and a maximum of 2130. We do observe a retraction until mid-December, albeit we haven’t quite identified it yet. Gold is typically higher in January when the Sun goes into Sagittarius and this year Mars will be in that sign. The next push higher in January will take gold up to 2300. Gold is expected to reach further cycle highs in the May 2024 inflationary high cycle.
ETFs like GLD and GDX (Gold Miners) allow you to speculate on gold; we discuss them in our newsletter and keep an eye on fresh entries through December.
For now, the gold cycle is higher through 2024. In a crisis, gold might rise as quickly as 2245 and then 2450 in 2024. Subscribe to the Fortucast.com emails to stay up to date on our daily forecasts.
Crypto
The Mars/Mercury conjunction in 2021 marked the peak of Bitcoin, and on Monday, October 30th, we witnessed a repetition of that event. We are unable to proclaim a significant weekly chart bottom for Bitcoin unless it closes above 35800, and even then, we may only see 40000.
I’m beginning to question if the financial crisis in the fall would trigger a rally because, given governments’ persistent efforts to promote competition, asset disposal might occur.
It is necessary to presume a significant break into the November low. We now question the possibility of a breakout to 50,000 later in the year, as we had hoped.
The SEC’s charges against COIN and other participants suggest that the agency is trying to regulate cryptocurrencies out of existence, thus we believe that in the long run, they will still be vulnerable. However, according to the accurate Adhana Vimshottari dasha, Bitcoin is in a Jupiter/Rahu era from August 2023 through 2026, so it should be able to withstand the storm for a while.
Always collaborate with your broker. Technical proficiency is required for trading and investing, and while astrology can be helpful, it shouldn’t be the primary consideration when making decisions. You must sell high and purchase low.