Dow Above 10,000: The Audacity of Hope Collides with Saturn and Pluto

One year after the fall of Lehman Brothers presaged a worldwide economic crisis, futurist Gerald Celente is predicting that a revolution has already begun in the United States. Many are decrying his “doom and gloom” predictions, but he is saying exactly what I have been saying myself: that you can’t keep repairing a house that is built on quicksand. The house has to be taken down and rebuilt on a firmer footing.
To recap the astrological history: The entry of Pluto into Capricorn in January of 2008 led to a panic in the stock market as it became clear that the expansion of the Pluto in Sagittarius era could not go on forever. Pluto brings cultural transformation, and astrologers knew that when Pluto entered Capricorn the structures on which we base our lives (Capricorn), including government, financial and educational systems, and religious institutions would be forever transformed.
But even before this Saturn was paving the way to an increased sense of thriftiness when it entered Virgo back in the fall of 2007. Suddenly there was the beginning of a shift towards savings and conservative attitudes towards money as the subprime mortgage fiasco began to build.
Evidently Celente couldn’t get anyone in the US to listen, so he has taken his message to Russia Today:
“It hasn’t ended. That was only the beginning. We are going to see a lot more. There is no recovery, it’s a cover-up. They’re covering it up with stimulus packages, with buy outs, with bailouts – it’s not going to fix the problem.”
I personally don’t believe that the coverup is intentional – I think there is a desperate attempt to get back to where the financial system was a few years ago, using the same tools. But as financial analyst Max Wolff says, as […]