The Psychoanalysis of R'lyeh by August Moldenahuer is the second book in the series of 'the Kathu Journals out of Lovecraft's Providence' published by nereusmedia. A psychoanalytical analysis begins with the texts referred to by the manuscript author as 'the Providence Cypher' and 'the Neconomicon Fragment', which claim to be written examples of the R'yehian language in both the Cthulean and Shub-nigguritian dialects. Analysis of the fragments of the R'lyeh language provided, as well as the various astrological charts presented in the notebooks. The approach to analysis is multidisciplinary and the methods and surely polarizing, as the Language of Cthulhu is opened to Freudian or Lacanian interpretation. Viewed the through an occult lens, this dead dreaming of Cthulhu, submerged beneath the ocean in sunken R'lyeh, takes on frightening proportions when viewed not as the language of psychosis, but as the real which can bring about the psychosis by very nature of the xenodemonic that it represents.