Get Ready for a Global Currency

When economists like Joseph Stiglitz start talking to mainstream media journalists about the need to replace the dollar, you know it’s already in the can.

Sad to say, I don’t have a natal chart for the dollar. I do have one for the euro, though. It’s in this post of last May.

The Mighty Euro

New York astrologer Shelley Ackerman noted at the United Astrology Conference in Denver that shops in Gotham are posting signs that say “We take euros” because there are so many European tourists in town and the euro is a stronger currency than the beaten-down dollar. Yesterday, I heard a similar story on the phone. Why is everybody suddenly talking about the euro?

Let’s look at the chart. After pondering the Wiki entry on the introduction of the euro, which traces the currency’s origins from the 1992 Maastricht Treaty on European Union to the phasing out of national currencies over the following decade, I decided to go with the time of the “birthday party” that the European Central Bank in Frankfurt held for the euro at midnight on Jan. 1, 2002.

I’ve been reading quite a bit of Jude’s Threshold (see my blogroll) and I’m sure she would note that 1992 was around the time of the Uranus/Neptune conjunction in Capricorn, which she associates with the “New World Order.” For my part, I’m not a big believer in conspiracy theories because I don’t think anything ever goes according to plan. But that’s another post; we’re talking euro here.

To quote the Wiki: “As midnight struck to usher in 2002, a celebration took place outside European Central Bank offices in Frankfurt. A huge illuminated mock-up of a euro coin was displayed in front of the building. The new era had begun.” Sounds like a good time to cast the chart.

Being a Capricorn with Saturn at 10 degrees of Cap, I naturally gravitate toward charts set for 12:00 a.m. on Jan. 1. The incorporation chart for the five boroughs of New York, set for midnight on Jan. 1, 1898, is a favorite of mine.

Here’s the birth of the euro chart, courtesy of Astrodienst.

We’re going to keep this analysis simple. The chart has Sun in Capricorn at 10 degrees, exactly opposed by expansive Jupiter at 10 degrees of Cancer in the 10th house. Beneficial Venus is part of the picture as well. It’s at 7 degrees of Capricorn. The euro was destined to expand.

Jupiter is currently transiting Capricorn so it makes sense that we’re hearing more about the euro and that its value has been increasing this year. Yes, it’s true that the euro is down from its all-time high of slightly above $1.59, which it reached in April, as you can see from this Yahoo! Finance chart.

I’m not a day trader, but it appears that high was made on transiting Venus in Aries squaring the Sun/Jupiter opposition of the natal chart. One might speculate that the Sept. 7, 2008 station of Jupiter at 12 degrees of Capricorn might test that high.

Pluto’s slow transit through Capricorn, which began on Jan. 26, is bound to bring about a transformation in the status of the euro. However, among astrologers, “transformation” is often a euphemism for death and rebirth.

Another turning point for the euro undoubtedly will be in mid-August 2013, when the currency has its Jupiter return. That period will also coincide with Pluto reaching the midpoint of the Sun/Venus conjunction in Capricorn and nearly opposing the Jupiter. Can you say “world currency,” boys and girls?