Iceland - financial market volatility at maximum

March 17, 2008

Dear friends,

The panic in global markets is affecting countries large and small. As we have an authentic chart for Iceland it is interesting to examine the developments in terms of this chart. First, the local currency the ISK has dropped over 6% today, while the stock exchange has dropped 4% and it is now half of the 9000+ level achieved in mid 2007.

These developments are seen clearly in the 9° 30' Virgo rising SAMVA Iceland chart:

Saturn - Mercury period is operating

Natal 1st lord Mercury is well placed and strong at 17° Taurus and 9th house. The aspect of Ketu at 5° Capricorn to the 9th house from the 5th house does not weaken Mercury.

Transit Mercury at 9° Aquarius in the 6th house is now exactly opposite transit 6th lord Saturn at 9° Leo in the 12th house. Transit 2nd lord Venus at 11° Aquarius is also afflicted.

Transit Saturn is also afflicting the 9th house closely thus doubly disturbing Mercury as well as the 2nd house and thus doubly afflicting the lord of wealth and the currency.

Transit 8th lord Mars at 10° Gemini is afflicting the 10th house, 1st (and thus Mercury), the 4th and 5th houses - and thus aggravating Ketu and its aspect to the 9th house - as well as the 11th house, where Mars is natally placed (and debilitated).

Transit 12th lord Sun at 3° Pisces and 7th house is also in an applying aspect from natal Saturn in the 10th house. The disturbance to the ISK is coming from the conditions abroad. Natal Rahu at 5° Cancer and 11th house is also aspecting the Sun, further weakening the currency. Add to this that transit stationary Rahu in the 6th house is exactly afflicting natal Sun and the impact on the currency is absolutely maximum.

The redeeming factor is transit 4th lord Jupiter at 24° Sagittarius and 4th house is aspecting the natal 11th lord Moon at 24° Aries in the 8th house. The ISK would be a lot worse off if this aspect wasn't in place.

The above should convince even the most sceptical of the merits of SA astrology in the mundane sphere.

Best wishes,

Thor

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