I came across this. I can't verify what is being said here but thought it was worth sharing.
www.azazel.fi
Traditionally, rainbow has also been interpreted as the thunder god’s (e.g. Jupiter, Indra, Ukko) bow. Also, just as noted earlier, rainbow is the bridge of Venus-Lucifer, Manas, the purest self-awareness to reach towards the middle point, the mutual source of existence of every living being. This duality, in the sense of energy reaching from the center to the outer circles, can also be seen as Jupiter’s or Indra’s lightning, vajra, which electrifies and puts physical matter in motion. While rainbow can be seen as energy traversing in two directions, vajra also shares this duality: in addition to the lightning, it also is a diamond, man’s solid, divine self and consciousness. It is Manas, which like a diamond, cuts through everything, but is so dense itself that it cannot be cut or divided. It’s the crown that Lucifer sets on the rainbow, the power he has given to us; misinterpreted as a fall, and more correctly seen as lightning flashing from the sky toward earth.
What should be determined from all this? The rainbow symbolizes the
oneness of everything manifested and unmanifested. It expresses every one of the rays both together and separated, and especially those which are important to human life, even though it’s only a fraction of everything that exist.
That excerpt makes sense if you consider Lucifer to be Baphomet, who is a hermaphrodite. That also explains why Lucifer is worshipped by ‘the elite’ and the lgbt-movement is promoted by the same ‘elite’.
I believe you may be correct.