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Forecasting the Financial Panic of 2008




       Good morning to everyone, and welcome to the talk on “Astrology’s Value to Society – Economics.” My focus today will be on importance of Pluto in today’s skies, and the fact that today’s Lunar North Node falls on the USA natal Pluto in late Capricorn. Besides that, I am Mr. Pluto these days, because transiting Pluto sits on top of my natal Sun.


       As I look at life in the early years of this 21st century, I realize that one of the greatest fortunes available to humankind is the study of Astrology, particularly as it applies to the economy, financial markets, and both political and social trends. And one of the greatest misfortunes as we start the early years of this new century is the ignorance, dismissal, or misunderstanding of Astrology by societies throughout the world, and thereby their lack of use of this very valuable tool for comprehending tumultuous times such as we are now experiencing.


       To demonstrate the truth to this statement, we need only look back a few months, to September 15, 2008. That was the date that the greatest financial panic to strike the United States and Europe since the Great Depression commenced.


And before I get fully into this presentation, I would like you to consider two questions? 1) If you knew that there was a greater than normal probability that a financial and banking crisis would start in 2008, and that the stock market would plummet more than 50% in less than one year, would that have led you to make changes in your personal financial planning? Would that information have been of value to you? Would it have enabled you to save money, or reduce your exposure to great financial loss? 2) If government and business leaders had known that there was a greater than normal probability that a financial and banking crisis would occur, and that the stock market would plummet more than 50% in less than one year, could they have taken action to prevent it, or at least minimize the damage that might result for the next several years?


Now, let’s review what happened, and see if we can answer those questions.


       The exact starting time of the financial crisis of 2008 may be debated. Some will say it began in August 2007 when the sub-prime crisis hit the public’s awareness. Some may say it began in December 2007 or January 2008, when the “recession” officially started (although that was not determined until after September 2008).


But I think most people would agree that the state of “crisis” fully commenced on September 15, 2008.


On that date, a full moon was hitting the forthcoming first passage of the Saturn-Uranus opposition in Virgo-Pisces. That first passage was not to take place until Election Day, November 4, 2008. But the events that happened on September 15, and even the two days before, had a profound affect on the outcome of that election.


As Astrologers know, an applying aspect can be every bit as strong as an exact aspect, especially when a third body is “translating” the two planets involved in the greater aspect. And astrologers also know that a 45-year cyclical opposition between Saturn and Uranus can be a sudden disruption to the status quo. After all, Saturn represents the Establishment, Government, and those principles of tradition that make up our foundation. But Uranus represents sudden and unexpected changes, the urge for independence and even revolution. Together, they represent a dynamic that can break up the foundation, upset tradition, and defy expectation, resulting in a profound break from the status quo. We need only go back to the previous two instances of this cycle, in 1965-66, and 1918-1919, to see that these forces of social upheaval were in fact very real. If there are any two planets in hard aspect that represent the potential for a more serious crisis in society, I am not aware of what they might be


Nevertheless, the full moon “translation” over this forthcoming Saturn-Uranus opposition was to bring to the surface events that led to a full fledged economic crisis in the world. The full moon “translation” actually took place the day before, on Sunday, September 14, before financial markets opened the next day. The significance of Sunday, September 14 (and even Saturday Sept 13), is important, because that was the weekend in which secret meetings took place in the Federal Reserve Bank of New York. That was when our vaunted financial leaders knew that trouble was brewing, and brewing fast. As written by David Wessell in his recent book “In FED We Trust,” “Few dramas in its building have played out as momentously as the events of September 13 and 14, 2008, when the building played host to the death of Lehman Brothers, the shotgun marriage of Merrill Lynch to Bank of America, and the preparations to effectively nationalize AIG, the nation’s largest insurance company.” But on Monday morning, September 15, very few people knew of these discussions between then Treasury Secretary Hank Paulson, now Treasury Secretary Timothy Geithner, and Federal Reserve Board Chairman Ben Benanke


       However, it was not until the markets opened on Monday, September 15, that then Secretary of Treasury, Henry “Hank” Paulson gave a national TV address, reassuring everyone that the American economy and banking system was “strong and resilient.” Very few people were aware of the tense weekend of confrontations that were taking place, affecting the very survival of Lehman Brothers, Merrill Lynch, AIG, and Bank of America, let alone the security of the American and world economy.  Paulson knew this, but very few others did.


Nonetheless, knowing how close the US Banking system was on the brink of teetering over into a full fledged financial crisis, one day later, Paulson stood before the camera, appearing to viewers from all over the world, and he told a lie…. perhaps to protect the world from a sudden crisis.  As he spoke, Paulson was looking down, shaking his head back and forth, shaking his fist and stating over and over again, “The US Banking System is strong and resilient, and would be able to handle any problems,” including the “sub-prime crisis” that threatened to decimate land and property values.


       As one looked at Paulson, it was evident that he meant exactly the opposite of what he was saying. Instead of being reassuring, he was actually causing alarm by his body posture. He knew that the US Banking system was not on firm ground, it was not resilient and it was not strong. He knew it was on the verge of a crisis, and from his body language, so did Wall Street, and investors from all over the world.


But on this day, the panic that Paulson himself knew was real and tried to contain, actually erupted.


As trading began prior to his speech, the DJIA was doing fairly well. It had traded up to 11,459 the Friday before this speech, and even opened Monday at 11,416, its highest levels in a week.  One week earlier, on September 5, it had fallen to 11,037, its lowest price since July.  But it was starting to rally now… and then Paulsen spoke.


By the end of the day, the market was down over 500 points, and the panic was on. It closed at 10,917, its low of the day, and down 504 points from Friday’s close. By Thursday, it had fallen another 500 points, to 10,459, its lowest price in 3 years. The route was on. On October 6, the DJIA broke below 10,000 for the first time since October 2004. Four days later, October 10, it was down to 7882, a level not seen since 2002. Eventually, it plummeted all the way to 6470 on March 6, 2009, a level not seen since 1997. In all, the DJIA fell 54% off its high in October 2007, a percentage decline that exceeded any decline in the U.S. stock market since the days of “The Great Depression.”


But it wasn’t just that the stock market cracked. In fact, the stock market was only reacting to the panic taking place in Washington D.C. and money centers all over the world. One by one, (15) the United States government began seizing control of banks, mortgage companies, insurance companies, auto companies and investment houses. Fears that the US Government would actually nationalize private businesses aroused fears and paranoia that have not been seen in this country in a couple of generations.


The panic wasn’t limited to the USA and banks. It soon spread to Europe and Asia as well. It became a global crisis very rapidly, as banks, governments, and individuals all entered onto the precipice of financial collapse. Indeed, many people, entities, and governments lost large amounts of wealth.


For the next several weeks, late-night meetings with these few non-elected officials produced stimulus and “bail-out packages,” one after another, under the threat that if something isn’t done quickly, the whole system will collapse. Of course, this threat was issued by the White House and the Treasury Secretary – under Mercury Rx. As astrologers knew only too well, the plan being hurried through Congress was not well-thought out, and was accompanied by much doubt and then suspicion. No one knew what to do, and the fear was great that what was being proposed – a government “bail out” that was not thoroughly “thought-out” – would produce disastrous results. And it did for several weeks, and even months.


(22) People lost their homes, in record number. People lost their businesses, in record numbers. Over 3 million people have since lost their jobs and many more filed for bankruptcy, in record numbers. The entire financial services industry took a big hit and became the source of outrage for what was happening. Banks and financial services were forced to beg the government for taxpayers money to make it through, and then shamed for doing do. It was, to say the least, a very difficult time… the most difficult financial time in this country and much of the world since The Great Depression of the 1930’s.




       The economic and financial crisis that broke out in 2008 did not have to happen. The severe losses experienced by investors did not have to happen. It could have been avoided, despite what politicians, economists, and professionals in the field of finances try to put forth today as an explanation for their lack of foresight, accountability, and preparation.


The awareness that such a crisis was possible in 2008 could have been – and in fact, was - identified by several individuals ahead of time. But only one field - Astrology – stands out as consistently pinpointing the year 2008 as a year of a potential economic crisis several years beforehand. I know this, because in every Forecast Book I have written since 1994, the year 2008, (yes, 2008!) was highlighted as a time when the world could enter a very dangerous economic time frame, the likes of which have not been seen since the days of the Great Depression. Up on the screen, you will see the quote from the Forecast 1995 Book, which was published in December 1994. It is not bad!


“The next somewhat comparable era is not due until 2008-2012…These are not as eventful as the period 2008-2012, when Uranus will enter Aries, Pluto will enter Capricorn (squared by Uranus), and Saturn will enter Libra. This will be the first time since 1929-1931 that these three bodies have been in the cardinal T-Square signs to one another. You may recall that 1929-1931 was an eventful time in the world. You may conclude (I do) that whatever we are doing now is simply a buildup into that time period.”


And every annual Forecast Book after that date reiterated and expanded upon this same idea – that is 2008, a rare planetary pattern would commence that has an historical correlation to economic, political, and social upheaval, much like we experienced in the Great Depression, which was the last time that Saturn, Uranus, and Pluto were in cardinal signs, T-squaring one another.


For a long time, I lived under the self-delusion that I am sure many of you as Astrologers have experienced. That is, I had a delusion was that I was the first and perhaps only astrologer who forecasted this economic crisis before 2007. But, as you will see in a moment, I wasn’t the first and I wasn’t the only Astrologer who had an awareness of this possibility before the event.


Before I acknowledge the work of others in forecasting this most critical of all economic crises in our lifetime, let me briefly share with you the astrological factors that I – and many of our colleagues – focused upon.


2008 would begin a 7-year period in which Saturn, Uranus, and Pluto would enter into a series of hard aspects known as “squares and oppositions” with one another. In fact, they would do this in the early degrees of cardinal signs, for a potent T-square formation – especially strong through 2010. You can see it in this chart constructed for August 1, 2010.


I coined the term “Cardinal Climax” to refer to the time band stretching from 2008 through 2010, and to a large extent, through 2015. The last time we had a “Cardinal T-square” involving these same planets similar to what we are experiencing 2008 through 2010 was in 1930-1931. Many of those who forecasted this crisis, like myself, were aware of the cycle of this planetary configuration. In fact, it has occurred every 80-90 years as of late. It happened in 1929-1934, 1841-1852, and 1759-1778. Each of these periods also saw both economic crisis and social/political upheavals. The USA was in a Great Depression when it entered the Revolutionary War, and its first real big one after 1800 occurred in the early 1840’s and lasted through 1857.


As you will soon see, Astrology, more than any other single subject or discipline, and Astrologers – more than any other experts of any field - forecasted this crisis, well before it happened. Economists failed to call it. Federal Reserve governors and chair failed to call it. The White House under George W. Bush, and the Democrat-led Congress sure failed to see it, until it was far too late.


Well, there actually was one person associated with politics who saw this coming – and he was (not surprisingly) ridiculed. He is Peter Schiff, a former Ron Paul advisor, who made the warning several times in 2006 and 2007. But no one took him seriously. No one took Ron Paul seriously. And like astrologers who made even more accurate warnings and made them long before Schiff stated the potential dangers, Schiff was insulted or lightly dismissed as some kind of kook. We, as astrologer, know only too well that feeling J.


When I put out a call for references of those astrologers who forecasted this economic crisis, I received many more replies than I expected. All were accurate calls, describing in quite some detail the dynamics that would be present starting around 2008. However, I decided to limit this list to cover only those who were specific about the financial, banking, and/or economic crisis, because my topic for today’s talk is on “The Economy.” So now I will acknowledge those astrologers who correctly alerted others – through print – of this economic crisis that started in 2008. I will do this in alphabetical order, except for the one gentleman who made the first and most outstanding forecast of all, in my opinion. As we look through this list, keep in mind that I had to extract these thoughts in order to keep this presentation from being too long. If you wish to see the more detailed context of each Astrologer’s thought process, I have listed the reference to their quotes here. If you wish to see to have a copy of these quotes as I am presenting them here, plus those quotes from my own previous Forecast Books, you can have a PDF file of this speech from our recording people if you order a copy today’s three morning presentations.



"I'm also expecting the United States to find itself in an economic crisis fairly soon. The signs are everywhere. I'm anticipating a real estate and stock market implosion, which coupled to corporate America's tendency to put it's own interests ahead of that of the American worker, will lead to further outsourcing/job cuts that will only accelerate the problem. Ultimately, I'm expecting that Americans will wake up to the reality that there can be little true prosperity if the consumer cannot participate, or can only do so while incurring un-payable debts – and that oligarchy was always a dirty word in America for a reason."


Matthew Carnicelli, From "A Brief Look Forward" ( - Published December 3, 2007 (assembled from individual posts originally made to the ISAR Financial Mailing List).



“Using the art of astrology, Robert Gover predicts fundamental changes, even revolutions around the world, from 2008 all the way to 2020. Gover offers an alternative way of stock market and economic predictions that investors could find useful.”

-          Dr. Ravi Batra, Southern Methodist University


Robert Gover, “Time and Money,” quoting Dr. Ravi Batra, Published 5/1/2005.


           “By June 21, 2008, Uranus and Pluto will be within orb of a square, which in turn will form a Grand Cross to the US Mars-Neptune square.  This looks like the beginning of a record series of plunges for stocks.”


       Robert Gover “Astro Economic Articles,” on “Astrology of Stock Crashes,” Published 1/1/2006 



“Even the shareholder democracy, theoretically built into the trading of publicly listed companies on the world’s stock markets, has been diminished by recent high-profile private-equity buyouts. This removes the company from Stock Market listing. The ownership and decision-making process is no longer by shareholder-appointed boards, but those appointed by rich individuals and investment funds. The purchase can be financed by loans that are underwritten by the company being purchased and repaid from its future profits. The new owners may seek to sell assets and maximise profits.  The general public benefit in such transactions could be questioned. For such arrangements extend the debt exposure of the now privately owned resource and entertainment providers that our ‘prosperous’ lives depend upon. Will they continue to exist should market values, our own debt exposure and ability to consume, experience a substantial downturn, as happened in 2000, the early 1990s and 1929?”


Roy Gillette, “The Key To Economic Planning, published in 2007 by Kings Hart Books of Oxford, England. 


“Yes, I see this as a nasty depression period in the US. I see the ultimate correlation to the 1929 - 1942 bear market right here …. Saturn and Uranus aspects are THE MOST SIGNIFICANT ASPECTS IN THE EQUITY / ECONOMIC CYCLE…. What stated in 1988 and led to the crisis of 2000 should be VERY OBVIOUS as a factor in 2008 and 2010. I believe that THIS (Saturn-Uranus opposition) and the next Saturn aspect to come in 2009 and 2010 (Saturn squared Pluto) mark what will be viewed later as a MAJOR DEPRESSION in the USA. Viewing this from the perspective of 2004 I would wager this will be a period of extremely high unemployment in the USA. We need to be aware that the 1930 to 1932 period had SIMILAR astro with Saturn Uranus and Pluto in a T square pattern…. I think all of us born as baby boomers need to heed this warning. DO NOT EXPECT the generations born after us to be inclined to have much sympathy. In fact euthanasia is going to be much in vogue because we boomers will be viewed as a load too great to carry.”

Robert Hitt “Saturn opposition Uranus November 2008 to July 2010., published in 2004.

“In 2008, times will have changed again. It is evident that from 1995, when Pluto began its journey through Sagittarius, a huge revival of near "obligatory success" in the world took place. Sagittarius is rather expansive, very enthusiastic and full of vision. The economy continued to exist by the grace of all sorts of slogans regarding visions of the future that, for a great deal, rested on pantomime and balderdash. All this took place in a world full of advertisements of successful power brokers making telephone calls in the streets for instance. Reality will overtake them all from 2008 on (as Pluto goes into Capricorn). I will be breathing with considerable more ease when all this economic coaching and all the balderdash about huge sums of money will become more realistic.”


- Joyce Hoen The International Astrologer in January 2006:


'Following this pattern the very next step of greatest (economic0 weakness will take place between 2008 and 2009'


          - Grazia Mirti (ISAR Vice President for Italy), “Investire con gli astri  (Investing with the Stars)Il Sole24 ore (the most important Italian  financial newspaper), Nov 9, 2008, II Part: Astrology and Economy
Page 92: lines 18/20, concerning  the Lunar Node Cycle analyzed by Louise Mc Whirter:


“The big story for 2008, in a word, is money….And the money, in a word, is gone… The headline for the year will be a global financial system in crisis, teetering at the precipice… But given what has already gone before, and the fact that we're having a Saturn-Uranus opposition this year as well, I have to think the currency crisis now underway gets a whole lot bigger in 2008. And the Saturn-Uranus opposition speaks of international conferences addressing what has become a global financial crisis. Saturn and Uranus make their on-and-off opposition last until 2010, after all. The fix begins in 2008, probably after the US Presidential election, but it takes years until the fix is in. That's because just about everybody's ox is going to get gored, before this is done… And, incidentally, an essential part of this restoration entails the price of precious metals skyrocketing in the process of liquidating debt. If that doesn't tell you what to do, you haven't been paying attention . . .”


Richard Nolle, his 2008 forecast, published late in 2007 )



Pluto in Capricorn Odyssey (2008 to 2023)…. “Capricorn is the sign associated with all that is established - most notably government, and government agencies. Yet it also covers business institutions that have apparently stood the test of time… Perhaps the most recognizable of these are the banks and building societies.


The banks of different nations are often seen as citadels.  During Pluto’s sojourn through Capricorn, their reformation is likely… As we have seen with the travel industry (Pluto in Sagittarius), the effect for Pluto transit is often to destroy almost totally before reforming.  The banking cupboards may be found to be bare, or have insufficient funds to remain solvent throughout the coming period.  Indeed, the very wealth of nations could be compromised.  The World Bank itself may be shown to be corrupt, inefficient or both.”


Christeen Skinner, “The Financial Universe,” published by The Alpha Press in May 2004



“Edgar Cayce mentioned a depression cycle of about 24-25 years that I analyzed. I found out that it is clearly astrological in nature, defined by the conjunction of Jupiter and Pluto, that’s why the exact length is 24.2 years. [that is 2 synodic cycles] ... On the average the economy contracted by almost 2 years which is a lot. ... conjunction December 2007: start of the Kondratieff winter depression?”


Manfred Zimmel, Jupiter-Pluto Depression Cycle, December 2005,


But, the credit for being the first astrologer – to my knowledge - to identify 2008 as the year the began the economic crisis, must ultimately go to an astrologer who I hold in great esteem, as I am sure many of you in this room here today do the same. That would be Andre Barbault of Paris, France.


“ …..The opposition Saturn Uranus (2008-2010) is leading and Jupiter amplifies its effects, and this trio is generally present in economic crisis as well as in wars, the former leading to the latter, both being  equivalent  to ravages.


       Here we have the coming up of the waning phase of the Kondratiev cycle, amplified by the presence of Jupiter (2010) and this makes us fear an economic depression, the first big one in that XXIst century. If this prognostication were not to occur, then we would dread the first big crisis of the international community: nationalist drives leading to a clash of economic interests in a metastasis of violence…..”


Andre Barbault, Paris, France, 1990 in the magazine “L’Astrologue” , n°92,  pages 36-37 under the title  “Les bouleversements de 2010 (the upheaval of 2010).



       The value of Astrology to society is clearly demonstrated by these examples. We know, through the study of history during the times of these particular long-term planetary pair cycles that certain themes tend to recur. In a sense, history repeats itself. But if we understand these themes, and the conditions that give rise to their manifestation, we have the choice – the free will – to either repeat those conditions that lead to these same cyclical outcomes, or alter them, and thereby alter the outcome. A cycle in human activity only works because of the cyclical repetition of certain types of behavior that lead to that same type of result.


       This is why Astrology should never be viewed as fatalistic, or as fortune-telling, because the end result is very much a function of choices. As the old adage goes, “If we choose not to learn from our past mistakes (history), we are doomed to repeat them.” At the same time, this is why astrology can be such a valuable tool for society. It can alert us when a certain script is due to repeat, and thereby provide a “time window” when we can exercise free will and make choices that do not doom us to a repeat of that past script. We can make choices involving certain factors that lead us to a different outcome.


       You, as astrologers, are the conduit between heaven and earth, between the realm of future possibilities and hopes, versus the fears and experiences of today’s reality. You are the bridge, because as astrologers, you understand the relationship – the connection - between Man and the Infinite. You know the cyclical nature of the planets, which Man did not put into motion, but by which Man is somehow affected by, and for some reason, finds his activities in correspondence to. That is why Astrology is essentially the study of planetary movement related to cycles in human activity.


So when we ask the question: Could it have been known that 2008 would begin a period of economic and social crisis? Could we – or our leaders - have done anything to prevent it? The answer to both questions, I believe, is “Yes.” And here is where Astrology demonstrates that it can be a tool of great value to society.


In today’s world, Astrology is either not understood or is miscast as entertainment and fortune-telling. This is a modern-day tragedy, for it entirely misses the opportunity to make use of a tool that can be very instrumental in avoiding collective tragedies such as what we are now experiencing, and/or enhancing positive directions in human activity that are otherwise being ignored. But we cannot blame society for not recognizing the value that Astrology offers. Much of the problem for this condition lies with Astrologers themselves, and our inability to articulate and educate effectively and accurately on exactly what Astrology is, and what it offers to the world at large. That’s why quotes like this are the norm, and not the exception, to how society views astrology…


“You know, economic forecasting was invented to make Astrology look respectable.”


- Richard Fisher, Dallas Federal Reserve Bank President, April 1, 2009, CNBC


When, what we really need, are reasons to back up quotes like this from J.P. Morgan…


Millionaires don’t use Astrology. Billionaire do” -J.P. Morgan



This is why we need excellence in Astrological education. This is why we need programs like Ethics Awareness Training and Consulting Skills for astrologers. This is why we need the tools and response skills to answer the gross misunderstandings that society harbors about astrology and astrologers. We need these things because society needs us, and knows not that we even exist, or that we have tools that truly are of value to all of us. We need these trainings and education to develop ourselves as effective and credible messengers because we have a responsibility to help uplift humankind, to guide societies, through the awareness of these cycles that we uniquely understand through our study of Astrology – the oldest study known to Humankind.


What it comes down to is this: we need each other, and the world needs us. Right now. Because this is the most challenging astrological, economic, and political period of our lifetime.


       Below is a list of quotes from the past 15 years of Forecast Books by myself, Raymond Merriman, that have identified the year 2008 as the start of a major change in social and economic trends. My contention is that 1) this is a cycle, 2) there are specific factors that allow these cycles to unfold, and 3) by choice and free will regarding factors that lead to these cyclical manifestations, we (our leaders) can alter the usual outcome.


          “The next somewhat comparable era is not due until 2008-2012…These are not as eventful as the period 2008-2012, when Uranus will enter Aries, Pluto will enter Capricorn (squared by Uranus), and Saturn will enter Libra. This will be the first time since 1929-1931 that these three bodies have been in the cardinal T-Square signs to one another. You may recall that 1929-1931 was an eventful time in the world. You may conclude (I do) that whatever we are doing now is simply a buildup into that time period.” Forecasts for 1995 (written in 1994).


          “And based upon these assumptions, we have just started a cycle that is not due to climax until the period 2008-2011… That is because there are no periods of time in which multiple aspects between the major long-term planets form in cardinal signs until then. And what happens then? Pluto ingresses into Capricorn, Uranus into Aries, Saturn into Libra. In addition, the Moon’s North Node will also move back into Capricorn. The last time these three planets (and Node) were all in Cardinal signs was 1967-72 and 1929-1931.” Forecasts for 1996.


          “However as mentioned in last year’s Forecast book, the end of this period (2008-2014) may also witness a very sharp economic decline, or threat of war. This is…the time Uranus will move into Aries, Saturn into Libra, and Pluto T-Squaring both as it moves into Capricorn. The last time that happened was 1929-1931. Sometime between here and 2008, the concept of money will change radically, and with it the financial structure of the world economy as we know it today. It is quite possible that the “adjustment” here may be difficult, especially after 2008, and may last 2-6 years.”Forecast for 1997.


          “However, it is smaller in magnitude than one that is due to arise between 2008-2014… It will also represent a time in which Pluto will enter the constellation of Capricorn and in T-Square to Uranus entering Aries and Saturn Libra (2008-2011). But during that time and extending an additional three years to 2014, each of these planets will enter into a T-Square with one another. The last time these three planets were involved in a T-Square in Cardinal signs was 1930-33, in the midst of the “Great Depression”… The 2008-2014 phase is still the birthing point of the longer-term cycle. It probably represents a time of leaving its “innocence” phase. Technology matures and thereafter may become the undisputed foundation of the world’s economy, for better or worse. Manufacturing and industry must be re-tooled, or relegated to a less important position in the survival of the Human species.” Forecasts for 1998.


          “So where is this leading to? Time-wise, the next celestial clustering that approaches the level of 1988-1993, will take place 2008-2015. This powerful time band will henceforth be referred to as the “Cardinal Ingress Climax”… Jupiter, the North Node, Saturn, Uranus, and Pluto will ingress into cardinal signs and form “hard aspects” to one another… Why is this so important? Because a review of the major events and eras that defined, and/or re-defined, the history of civilization, will reveal that they took place when the slowest moving planets were in cardinal signs (Aries, Cancer, Libra, or Capricorn). And the most intense of these periods happened when they also formed “hard aspects” (conjunctions, squares, or oppositions) to one another… And the time before that was 1929-1932, which was most similar in planetary alignment to what will be experienced in 2008-2015. At that time, Saturn, Uranus, and Pluto were not only in cardinal signs, but forming yet another the powerful cardinal T-Square to another, just as they will again during the “Cardinal Ingress Climax.” Forecasts for 1999.


          “The next extreme major shift in the collective consciousness is due with the “Cardinal Climax,” which takes place between 2008-2012. During this period, Pluto will ingress (enter into) Capricorn, Uranus will ingress Aries, and Saturn will ingress Libra. These are all cardinal signs, and therefore they will form a major T-square configuration to one another. The last time these three planets formed such a configuration to one another was in 1930-1932… Nor is the lineup in May 2000 likely as significant as the “Cardinal Climax” which will unfold 2008-2012. Perhaps the events and decisions of 1999-2000 act as a “bridge,” connecting the two major “Climax” periods of 1988-1993 with 2008-2012.” Forecasts for 2000.


          “Please note that as a result of further study, the time band for the “Cardinal Climax” has been extended from 2012 to 2015, as reported last year. This is due to the fact that the final aspect in this climax (Uranus square Pluto) doesn’t end until March 2015…           Theoretically, these periods then coincide with dramatic shifts of consciousness and direction in human activity. This will occur between 2008-2015, when Saturn, Uranus, and Pluto (as well as the Moon’s North Node again) will all enter cardinal signs, thus the term “Cardinal Climax.” During that time band, Saturn, Uranus, and Pluto will form a huge T-square to one another. The last time that happened was 1929-1931. My guess is that the limits to the current technology renaissance will not begin to be comprehended until then. Prior to this period, humankind’s capacity to inspire and amaze with applications of its inventions in technology will continue to boggle the imagination… However, if our theory holds up, this (the tech bubble and crash in 2000) is just a pause in the trend, and the end of the trend itself, which began between 1988-1993. The advances brought about through new applications of technology are likely to continue right into 2008-2016.” Forecasts for 2001.


          “The next celestial “Climax” will occur 2008-2015, when Saturn, Pluto, and Uranus will all enter Cardinal signs, and form a T-Square to one another. Most of this will take place in 2008-2010, but the Uranus-Pluto square will not be completed until 2015. The last time these three planets came into a similar formation was in 1930-1933, which coincided with the Great Depression… Going into the opposition (Saturn to Pluto), the investment climate is actually more of a rampant speculative environment. People are making money and lots of it, and they don’t want to hear about “doomsday prophecies” that it will all end soon. But it does, right around the time of the opposition, and hard times commence that usually last into the waning square between these two planets, some 8-9 years later. During these hard times, many banks suffer as a result of unwise loans made to companies and individuals that cannot fulfill the promise of their overly optimistic financial dreams.”  - Forecasts for 2002.


       “My bias is that if there is another stock market crash, or economic or banking panic, the DJIA will hold above this level (1616 on DJIA). In fact, all that is needed to satisfy the 72-year cycle trough is for the DJIA to loss at least 46% of its value from the…all-time high. Once that happens, we can confirm a 72-year cycle trough is indeed forming, and the cycle is valid. And that might very well occur during the next great celestial pattern known as the “Cardinal Climax”, which is due 2008-2015. – Forecasts for 2003.


       “The third phase (of the Saturn-Pluto cycle) is in effect between the opposition and the waning square of these two planets. In current times, that will take place 2001-2009. Typically the debt of the nation, and the general trend of the economy, enters a period of greater concern and worry. Deficits and debt tend to increase, and so do interest rates. Taxes also tend to increase, and the economy is more prone to recession or sluggish growth. There is even vulnerability to an economic panic or depression at the time of the waning square (2009-2010), as people struggle with faith in their economic and political leaders. These struggles continue into the fourth phase, which takes place between the waning square and conjunction. In current times, that will occur between 2010-2020. The absolute economic or stock market cycle low can take place either at the time of waning square (2009-2010), which ends the prior phase and begins this phase, or within 2 years of the conjunction. If it occurs at the waning square, then the fourth phase is usually just a time of contraction. Neither the economy nor the stock market expand with any force, as a rule, until the conjunction period is near or completed. Additionally, interest rates tend to be high and consumer confidence low, and faith in political leaders is also near a nadir, until the conjunction period arises — or shortly after.” Forecasts for 2004.


          “An equally important geocosmic event will soon unfold, known as the “Great Cardinal Climax.” From 2008 through 2015, Saturn, Uranus, and Pluto will all ingress into cardinal signs, and form square and/or opposition aspects to one another. The entrance into cardinal signs will actually take place 2008-2010, when each of these planets will be in an almost (but not quite) T-square aspect pattern to one another… The frequency of these three planets forming “hard aspects” to one another, in a T-square, is quite rare. The last time it happened was in 1931, in the midst of “The Great Depression”… The fact that a similar configuration coincided with something as economically devastating as a “Great Depression” is within the themes suggested by these planets in these aspects. Saturn represents “the structure of a thing,” such as a government, or a format by which people conduct business. Uranus represents a sudden shock, oftentimes accompanied by unwise and massive speculation. And Pluto represents the principle of termination: a time in which many things can end, and a need to rebuild becomes evident. Pluto also rules the banking system, or more specifically, the matter of debt, and the inability to pay a debt off through the usual means, or according to the usual schedule. With Pluto and Saturn in a hard aspect, there can be the experience pain and trauma in the economic area. An increase in debt and even taxes is oftentimes witnessed. The integrity of the structure – government or economic - is threatened by these conditions, and drastic measures are called upon to deal with the crisis.” – Forecasts for 2005.


          “The tide is starting to change. Karma is unfolding for Humankind…           Gone are the days when the words “Trust me,” meant you could trust the person who said them. Gone are the days when one is no longer held accountable for their decisions, and people believe in the promise that “things will get better.” Gone are the days when people believe in the wisdom of their leaders’ visions, or the faith that “Father knows best”... This is the message of Uranus and Neptune in mutual reception (2003-2011). This is the message of Pluto crossing the Galactic Center and Solar Apex (2007-2009). This is the message of Saturn, Uranus, and Pluto forming a T-square to one another, and all entering cardinal signs (2008-2014) for the first time since 1930-1931. It is the message of Saturn and Pluto in the downside of their cycle (2001-2020)… We are now in another “down phase” of the Saturn-Pluto cycle from 2001-2002 through 2020. If history repeats (and so far it has), budget surpluses will give way to greater budget deficits, higher interest rates, higher taxes, and a more difficult economic and equity-investing environment. We are in the midst of an 18-year period where individuals are to be encouraged to save their money, protect their capital, and not focus on “capital appreciation” through the stock market (investing in companies that are not your own)… But the years of little gain - or even of loss - tend to be more numerous now, especially when adjusted for inflation. On the bright side, one can anticipate that the stock market (and the economy) will bottom out sometime before the end of 2021. A great investment opportunity looms ahead – for those who have the cash (and courage) to invest when prices are at extremely attractive levels. That is likely to happen within 18 months of Saturn in its waning square to Pluto (November 15, 2009-August 21, 2010 +/- 18 months), or when they return to conjunction (January 12, 2020, +/- 18 months).” – Forecasts for 2006.


“The sense that “The World is Different” increases every year as we draw nearer to the Cardinal Climax. And one reason is due to the fact that we are now in a decade when Saturn makes an opposition to all three planets beyond its orbit: Pluto (2001-2002), Neptune (2006-2007), and Uranus (2008-2010). This is a very rare phenomenon, because each of these planetary-pair relationships has a cycle exceeding 32 years. For all three to come into the same type of relationship with Saturn within a 9-year period is not very common. In fact, in the past 200 years, it has only happened three times: 1827-1834, 1862-1875 (mostly 1863-1873), 1965-1972, and now, 2001-2010. In all three previous cases, the U.S. and/or British stock markets peaked with an all-time high, coincident with either the Saturn-Pluto or Saturn-Uranus part of the oppositions (1834, 1873, and 1966). In all three cases, serious economic declines followed, as well as major changes in the social and political structures of not just the United States, but other countries of the world as well.” – Forecasts for 2007.


          Why is this important in understanding today’s world? Why do I introduce the Forecast for 2008 book with these thoughts? Because once again, planets are about to unfold in another astrological climax. Not only that, but it is yet another “Cardinal Climax,” involving the same three planets that were involved in the early 1930’s. In fact it will be the first “Cardinal Climax” since that time. And once again, we see the same themes arising as we approach this Cardinal Climax as we witnessed in the 1930’s… But once again, the power of the world may be about to shift hands – especially if critical errors in judgment are to be made as humanity enters this current “fork in the road.” These could be political (diplomatic) errors, or military errors in judgment. It doesn’t have to be that way, however. All that is required is to learn from history, and not repeat the same mistakes as before – the same mistakes that were made under a rare astrological configuration that is about to unfold again: the “Cardinal Climax.”


          “The largest pattern that will unfold involves Saturn, Uranus, and Pluto, three of the four longest-term planetary cycles in their orbit around the Sun. It is especially important now because these three planets will be moving from mutable signs to the action-oriented cardinal signs. This process unfolds from January 26, 2008, when Pluto first enters the cardinal sign of Capricorn, through March 17, 2015, when the final waxing square is completed between Uranus and Pluto, from the signs of Aries and Capricorn respectively… Also, each of these planets will form a “hard” aspect to one another. Saturn will be in its 45-year opposition to Uranus five times between November 4, 2008 and July 26, 2010. Saturn will be in its 32-37 year waning square aspect to Pluto November 15, 2009 through August 21, 2010. And then the final segment of this powerful celestial set up ends with the seven passage series of Uranus in waxing square to Pluto, June 24, 2012 through March 17, 2015. This later signature may be the most important part of the whole pattern, for it doesn’t happen too often. The last occurrence was in 1876-77. In between, there was a waning square between these same two planets in 1932-1933. Both of these times coincided with economic depressions and severe stock market losses.” – Forecast for 2008.





1. Raymond A. Merriman, The Ultimate Book on Stock Market Timing, Volume 2: Geocosmic Correlations to Investment Cycles, W. Bloomfield, MI. MMA/Seek-It Publications, 1999.




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