The following is by Karen Starich, who uses astrology to forecast events in the financial markets. Check out Astrology Traders for specific dates and in-depth analysis of future events in the various markets she covers.
The Comex, along with their owners the CME group, is a regular soap opera these days. There are so many name's we could borrow for this show like: "As the Warehouse turns," or "JP Morgans Hope" or "All My Traders." Every soap opera has a prima donna and a Demon, we all know who the Demon is just change the "e" to an "i" and as for the prima donna, Blythe Masters, head of Global Commodities at JPM, is perfect for the role. These guys think their ratings will never drop or that their show can never get cancelled. In fact, since the MF Global collapse and the confiscation of millions of dollars in client funds and deliveries for gold and silver, their show is going on as if the event just got edited out and nothing ever happened!
Recently I checked the astrology chart of the Comex, which was founded in the 1930's, to see if there were any significant transits suggesting a turn of events for their business operations. It is ironic that the Sun in the Comex chart is almost at the same degree as the Sun in the U.S. chart. The Sun in the U.S. chart is 13 degree Cancer (the Sun represents the currency and Cancer represents silver) so the nation was destined to have silver as a currency. Until 1893 the United States prospered with a bi-metallic currency of gold and silver. That ended in 1893 with the repeal of the Sherman Act. The Comex Sun is 12 degree Cancer (again silver currency) and is conjoin the U.S. Sun at 13 degree Cancer. The conjunction means that the nation needed the Comex and would benefit from the institutions original commodities platform, but as time went on the cooperation would turn into competition.
April Fools At The Comex
Saturn (the reaper of karma) is moving retrograde in March and April making an opposition to Uranus in the Comex chart. This is a very critical transit and suggests an unexpected legal setback or an attempt to use their status with powerful "friends" to circumvent the law. This is a very tough transit to navigate particularly if there are arrogant or selfish motives. Watch for events around April 4th, the CFTC may step up to the plate and actually make the Comex substantiate a decision or involvement with the manipulators of the silver and gold futures. They could skirt around the issue for a few months until in May 21st -July 29th when saturn will then square the Comex Pluto for a very long two months during which time there could be exposure of collusion or even blackmail where potentially damning evidence from insiders or a whistle blower forces them to deal with the dishonesty and manipulation of the metals. There could be some revisions this year however they will most likely only make some changes to reporting requirements on exceeding speculative limits that will ultimately not change anything. The real trouble comes in 2014 when Uranus and Pluto make a T-square to the Comex Sun. This is a "nuclear" transit that is so rare, it may not occur again for hundred's of years. If the Comex does not get overhauled and become a legitimate trading platform the competition between the two charts of the U.S. and the Comex could become a war that the Comex could ultimately lose.