Aspects between Jupiter and Neptune (and the relationship with the price of gold) was first discussed by Bill Meridian, vice president of the financial brokerage firm Paine Webber in the 1980's. His take concerned the hard aspects between Jupiter and Neptune (i.e. Conjunction, Square, and Opposition), and his discussion was more about short term buying and selling as opposed to any type of cycle.

The 100-year chart of the price of gold below (in U.S. dollars) shows peaks (designated as pink dots) between two troughs, and the troughs are Jupiter Conjunction Neptune (start of cycle) to Jupiter Opposition Neptune (end of cycle). The peaks between these two troughs can be found in both bull and bear markets; there was only one exception that no such peak manifested (which was between 1958 and 1964, designated by the blank dot).

Now here is where it gets interesting. The North Node rules connections with the public, and Scorpio rules the 8th house. Because the 8th house rules "banking, long term investments, finance, insurance, and 'secrets' involving money," the combination of the North Node in Scorpio with the Jupiter- Neptune Cycle reveals major turning points (both up and down) with the price of gold. And we just had such an event in 2015 with Jupiter Opposition Neptune (and as Bill Meridian would have liked to point out, a recent "jump" in the price of gold). 

Below is the 40-year cycle of the price of gold, starting in 1920. And yes, it implies a peak (pointing up OR down) in the year 2020.

Conclusion

The 40-year chart suggests that a bull market in gold may be about to take place. My problem with this is that the recent jump in the price of gold (and silver for that matter) indicates that there is still too many gold bulls for this to be the start of something meaningful.

Bull markets start after a major "wash-out" takes place, and this is accompanied by pessimism. We have failed to see this take place in the gold and silver markets, as well as in the oil markets. There is an increase in volume over the past few months that looks promising (since important turning points in bull and bear markets are almost always separated by unusually high surges in volume of activity), but there has been no real "wash-out." Also keep in mind that Saudi Arabia's oil minister was quoted at saying that the price of oil could drop below $30 a barrel again. 

The recent spike in the commodities named was greeted with a jump in the bullish consensus, as opposed to apathy. Peddlers of gold-silver collectibles have hit the U.S. television air waves during early AM hours, and many people that were involved in fracking for oil have also jumped back into the market. This overall sentiment picture indicates that the bear market that took place in commodities in recent years is not finished yet, but it is coming very close to completion due to the recent increases in volume.

I see the commodities market about to enter a bull-phase when the volume starts to really pick up steam and also when the mainstream public starts stating that gold is "a four letter word" (and yes, cash is a four letter word also, along with fiat).    

Thanks for reading.

Love to all,

Malcolm