Change-In-Trend

with Anthony, ZigZag & Platy

Gold/Silver: 12/3 Jupiter-Earth Conjunction 12/4 Uranus-Venus Opposition

We suggested here that the metals may be topping due to the 11/27 Saturn-Venus conjunction and gold’s Ceres 72° cycle. (Silver’s Ceres 36° cycle occurs on the 29th.) If we do in fact see follow-through for a correction, it may complete on about December 3 when heliocentric Jupiter conjuncts the Earth, or December 4 as Uranus opposes Venus, all at major harmonics for the metals. (Gold’s 36° harmonics are approximately silver’s 72°, and vice versa.)

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12/3/2012: Jupiter-Earth Conjunction and Gold Harmonics

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12/4/2012: Uranus-Venus Opposition and Gold Harmonics

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27 comments on “Gold/Silver: 12/3 Jupiter-Earth Conjunction 12/4 Uranus-Venus Opposition

  1. Anonymous
    December 1, 2012

    Platy i noticed a very nice Silver short trade, congrats 🙂

    • platypusfoot
      December 1, 2012

      Thanks Anon 🙂

  2. 1inbluemoon
    November 30, 2012

    Anybody else here thinks that we will see sub 30 silver soon?

    • platypusfoot
      November 30, 2012

      The way I’m seeing it, we should bottom Monday at 33, then head back up above 34, and then back down to 32 on about Dec 18. Then up to new highs. I’ll try to do a post on it this weekend.

    • platypusfoot
      November 29, 2012

      Wow, that’s wild!

  3. Peggy Mateer
    November 29, 2012

    the gold cit I posted earlier (12/9) is a more important one that the previous nov cits. fwiw.

    • SS76
      November 29, 2012

      What are you suggesting? Down until then and up after?

  4. Anthony
    November 28, 2012

    Great work Platy 🙂

    • platypusfoot
      November 28, 2012

      Thank you Anthony 🙂

  5. Andrew
    November 28, 2012

    Hello Platy,
    Thank you for the current astro analysis covering silver and gold. Your timing was impeccible! I wish to extend my acknowledgement and appreciation to you for making this profound research available to members of this forum! I have been following this blog for a fair while, and once again, wish to truly thank you your selfless contribution Andrew.

    • platypusfoot
      November 28, 2012

      Thank you Andrew 🙂

  6. SS76
    November 28, 2012

    Platy, great call! Curious why you didn’t lighten up NUGT though when you had the chance?

    • platypusfoot
      November 28, 2012

      Thanks SS76 😀 As I said, NUGT is a long term holding. I don’t have the harmonics for miners so I don’t have the same signals I can use for equities or metals, so I just wanted to get a core position and not think about it too much.

  7. curiousmind
    November 28, 2012

    great call on the temp top on gold and silver yesterday. I will be waiting to get long on Dec 3. Thanks Platy for your hard work.

    • platypusfoot
      November 28, 2012

      Thank you Curiousmind. Good luck!

  8. black rain
    November 28, 2012

    Hi Platy,

    Your ES short into the gap close on the VIX was very well done.
    I closed shorts also and my system wants to go long.
    What do you think of today as a stock bottom?

    On a less positive note I continue to hold gold long positions not looking for high until mid January.
    What is your intermediate view on metals?

    • platypusfoot
      November 28, 2012

      Thank you Black Rain. I agree with Anthony that we will continue down through the end of the week, but I won’t risk shorting again. I’ll be looking to buy on Friday/Monday.

      This gold correction was expected but my long term outlook remains very bullish.

  9. aiihotline
    November 28, 2012

    Good call on metals, Platy. Amazing!

    • platypusfoot
      November 28, 2012

      Thank you aiihotline 🙂

  10. tfinavia
    November 27, 2012

    Can I get any target price estimation on SIlver around Dec 3 please? Thanks!

    • platypusfoot
      November 27, 2012

      Sorry, I’m terrible with prices. Also please note that what I outlined is just a possible scenario and no guarantee. There is also the possibility that gold made a low today and will move higher into Dec 3-4.

      • tfinavia
        November 28, 2012

        No worries, thanks so much!

      • MA5YK
        November 28, 2012

        How about the scenario that Gold continues to correct till 3 Dec and then starts moving up sharply a couple days after?

        • platypusfoot
          November 28, 2012

          Could be!

    • platypusfoot
      November 30, 2012

      Hi tfinavia, I’m thinking right now that we may see a re-test of 33.

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