With public debt at high levels, some governments have begun to explore financing additional expenditures without raising taxes while also not increasing public debt outstanding. One possibility is using proceeds from valuation gains on gold reserves, as has been floated in the U.S. and Belgium recently.1 For the U.S., this would involve revaluing the government's 261.5 million troy ounces in gold reserves—the largest gold reserves globally— from a statutory price of $42.22 per troy ounce to current market prices, which stand around $3300 per troy ounce. August 1
The Federal Reserve (Fed) has recently sparked renewed interest in gold revaluation through a research note titled "Official Reserve Revaluations: The International Experience," which examines historical cases from countries like Germany, Italy, Lebanon, and South Africa. This has led to speculation about potential U.S. applications amid rising national debt and gold prices.
In this post we shall see how the Federal Reserves’[1] solar return chart and its progression to August 1 actually hints at this revaluation.
The Feds current solar chart has a powerful Sun-Neptune-Nodes T-square forming a Grand Cross with the horizon axis.
Neptune represents our delusions. The South Node is the spot in the heavens that shows us our connection to the past, and points out the need to let go. When Neptune opposes the South Node, the bottom falls out of any dream or utopian idealism as soon as reality hits. It indicates death and rebirth. In this case, it’s the death of Neptune’s old dream; and one has to come up with a whole new dream now.
A promise in a return chart is usually fulfilled when the progressed angles align with the planetary combination again. Notice that this is exactly what happens on August 1 when the progressed Ascendant, having travelled a full 180 degrees, conjoins the apex Sun which was on the descendant in the return chart.
In the material world Neptune causes things to decay. And on the spiritual level he will eat away at everything we believe in by discrediting and casting doubt on all that we hold to be true and sacred. But Neptune cannot undermine, if he did not at the same time hold before us some ideal to be contrasted with its faulty reality. If a true reality is to be appreciated and outwardly realized then a false reality must be shown up for what it is. When we truly come to understand Neptune, we may find that he is actually the revealer of reality. Here the Fed's publication signals eroding trust in fiat systems probably as a preparation for returning to the gold standard.
[1] Federal Reserve; 23 December 1913; 18:02 EST; Washington DC
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