Astrologer Arch Crawford sees crash August through OctoberPosted on 18 July 2010 with 31 comments from readers
The astrologer acknowledged as one of the best financial market timers of the past 30 years is seeing the biggest disruption in the heavens for centuries early next month and running through October.
Arch Crawford has been tracking planetary activity with considerable success and his newsletter call was for a crash between May 1st and November 1st this year. The May 5th ‘flash crash’ already fulfills this but he thinks the downturn to come will be much, much worse.
July 31st to August 3rd has the biggest astrological disruption he has ever seen. This is the biggest nadir in the famous Bradley model of astrological cycles with a 200 year low on some calculations.
‘This is the biggest thing we have ever seen’, he told Goldseek.com radio. ‘That includes the First World War, Great Depression and Second World War’.
Could this be some kind of major geopolitical event? It is hard to say but Crawford got the August 2nd 1990 invasion of Kuwait right, and has a string of similar forecasts under his belt.
Well, it is hard to dispute or confirm this analysis by astrology as a field of study we do not understand. All that can be said with conviction is that the market technicals favor a reversal of the long bear market rally, and that what has got up so high must come down.
Crawford is very positive on the outlook for gold, not surprisingly really in this disaster scenario, along with short positions.
If he was not so uncannily accurate in his market timing – something mere technical chartists cannot match – it would be easy to dismiss him as a crank; 2011 and 2012 also do not look good years!