news.goldseek.com >> 19 December 2011

Welcome To Animal Farm
By: Captain Hook
Orwell would be amazed – disgusted and amazed – things have gotten so out of control in the West today. Because increasingly, for the average citizen, it’s like chapter and verse from his classic Animal Farm, once used as a standard in all classrooms to teach children of the horrors associated with communism, the ‘demon of the day’, used by still maturing Western bureaucracies all those years ago. But alas, throughout the years something has gone terribly wrong, the lessons forgotten, the teachings replaced with ideals of why dictatorial conformity is good, and why you should think like a barnyard animal.

news.goldseek.com >> 1 November 2011

For Whom The Bell Tolls
By: Captain Hook
Hemmingway was making the point that modern machinery (today it's computerized trading) was destroying the concept of romantic / ancient war, which is a way of saying, mankind, is maturing in an undesirable and tragic fashion. And in this regard I would have to agree, for to me it appears we are ‘hell-bent on our own destruction’, where everything from the vulgarities associated with technological innovation to excessive population growth are coming together to create the need for a ‘profound shift’ in the way we will be living moving forward, in our socio-economic systems as it were.

news.goldseek.com >> 10 October 2011

Stairway To Heaven
By: Captain Hook
A stairway to heaven – or at least financial independence – that’s what investing in precious metals has and can be for those participating, bringing good feelings just as listening to the old standard by Led Zeppelin provides. When one buys gold and silver you are not buying some abstract concept designed to help escape reality however. No, instead one is buying just the opposite. You are buying the reality necessary to protect yourself from fraud and malfeasance that grips mature socio-economic climates such as the one we have today, with all sorts of imaginary money in the form(s) of fiat currency(s), indentures, and share structures.

news.goldseek.com >> 1 June 2011

Atonement
By: Captain Hook
When one speaks of atonement, it’s generally in the context of a wrong that is made good, or at a minimum, at least the acknowledgement of a wrong. Of course in terms of any wrongs our ruling class of bankers, business elites, and politicians (plutocrats) may perpetuate today, the concept of atonement is quite foreign as long as you are high enough up, which is why the wrongs against the public both continue and grow more profound by the day.

news.goldseek.com >> 24 May 2011

Currency Debasement Rates To Accelerate Across The Board
By: Captain Hook
Question: If the US is to maintain it’s quantitative easing (QE) policy by at a minimum reinvesting the interest from maturing bonds, which should still be enough to keep official interest rates subdued for a while, then why would the dollar ($) rally in coming months? Answer: Because major US trading partners will begin to debase their currencies at even faster rates, making the $ more attractive.

news.goldseek.com >> 16 May 2011

Be Bullish On Inflation
By: Captain Hook
Easily the most vaunted question within financial circles at present is the inflation question – will it keep accelerating and will hyperinflation arrive eventually? For some, like Marc Fabre and James Turk, the answer to this question is easy. Inflation all the way baby – with a dollar collapse and hyperinflation in the process. And as the lights come on for increasing numbers about what the Fed is up to, exporting it’s inflation to the world, this understanding will become an increasing self-fulfilling prophesy, which will surprise the heck out of just about everybody considering the still rampant denial regarding this most important issue.

news.goldseek.com >> 3 May 2011

It’s All About The Dollar – Revisited
By: Captain Hook
And eventually this will grow into a panic. You should know and understand this as planning your portfolios effectively moving forward will depend on proper perspective, where although corrections will take place, deflation is not in the cards, which will surprise some pretty heavy thinkers. No, if anything stagflation will at a minimum worsen; and then conditions could possibly advance into shades of hyperinflation if a real panic out of the $ occurs. Therein, maybe prices will not be increasing 50% per month, which is the conventional definition of hyperinflation, but that won’t matter because most people would be financially destroyed at 10% given present debt levels and what such an outcome would do to the cost of money.

news.goldseek.com >> 18 April 2011

Paying Down Debt
By: Captain Hook
We’re not there yet, but it’s getting closer and closer. To what do we refer? Paying the tab for all the reckless spending by our governments and bureaucracies of course, because the day of reckoning in this regard is indeed getting closer and closer by the second based on exploding debt levels both in America and abroad.

news.goldseek.com >> 30 March 2011

Finding Religion Is Uplifting
By: Captain Hook
Orthodox religion is not what it used to be in our society, a society where individuals are now taught to worship the self and wealth above all else. Respect for your fellow man is increasingly becoming a scarce commodity these days with this departure from traditional morals, the morals our fathers built what is suppose to be the most advanced ever. So the irony this thick in this regard as our society’s traditional moralities continue to fade, where at some point this process must be halted at the risk of such self destruction that our very survival would come into question.

news.goldseek.com >> 14 March 2011

Small Is Beautiful
By: Captain Hook
It’s happening. The world is getting smaller. No, the physical world is not shrinking. And the number of people populating the planet is not going down, at least not yet. Instead, what we are referring to here is the human condition on mother earth. How we have become masters of our destinies through technological development, and how all this has effectively shrunk the world in terms of resource procurement, international trade, and economic organization.

news.goldseek.com >> 7 March 2011

Bipolar Monetary Policy Dangerous Parallel
By: Captain Hook
It’s no surprise the developed Western economies continue to print money, albeit at increasing slower rates as rising prices are now becoming problematic. That is to say, the prices for food, energy, and all those other things are beginning to rise noticeably even for Westerners, with sirens going off in emerging markets (because food and energy comprise such large percentages of an average budget), however because the world’s fiat currency economy(s) continue to need perpetual stimulus, the problem remains.

news.goldseek.com >> 28 February 2011

The Cost Of Money
By: Captain Hook
The stock market is overbought like never before and speculators are already looking for targets to buy the dip, which means whenever this thing does top, it should be profound. Does this mean stocks will go straight down when they finally top. Answer: No, this is not implied at all. It does mean that a process would have begun associated with the four-year cycle that will likely run its course however; suggestive stocks would be looking for a bottom sometime closer to the end of next year – in the neighborhood of the much-anticipated end of days targeted for December of 2012.

news.goldseek.com >> 21 February 2011

Bailout Bubble Blues
By: Captain Hook
They have to go further and further into forbidden territory all the time now to keep our bubble economies inflated. Increasingly, and like a junkie, because the establishment will not allow for a real correction (slow down) in our fiat currency economy(s), more and more artificial stimulus must be added into the equation every day now because the patient is a walking zombie, devoid of natural and sustainable life. Because if they didn’t do this, the economy would collapse like an exhausted doper whose been too high for too long, never to be the same again, if not dead. That’s the way the geniuses in charge of our financial institutions and their puppet politicians who have been bought and paid for manage the economy and financial markets today, hoping the party can last until the next guy is on the hook.

news.goldseek.com >> 14 February 2011

Viva La Revolution
By: Captain Hook
In the spirit of my recent observations concerning our corrupt bourgeoisie’s penchant for turning up the heat in order to get what they want, and that we could be very close to a turning point in this regard, it would be fitting to see the seeds of revolution planted within sight of our racial origins (Northern Africa), considering this time around the drama will encompass the globe on a profound level. Along these lines, one must wonder if this is the real McCoy, or just a dress rehearsal for things to accelerate to more dangerous levels next year, within biblical dimensions during 2012.

news.goldseek.com >> 7 February 2011

Global Credit Contagion On the Verge Again
By: Captain Hook
Apparent disparities and idiosyncrasies between Western economies and China (at center of the emerging market model) continue to grow more profound, which will eventually end badly by popping the larger global credit bubble for good this time. This is of course not to say that our ambitious and greedy bankers and their crony politicians will disappear overnight, however if the serial bubbles in stocks, bonds, and anything that moves are popped, they will definitely have a great deal less currency to work with moving forward.

news.goldseek.com >> 31 January 2011

A Culture of Complacency
By: Captain Hook
That’s what the stock market is right now more than anything else in terms of importance – it’s a culture of complacency and corruption (from last week) that is perilously addicted to the Fed’s liquidity. And I am certainly not the only one voicing concern in this regard, where you will find a recent interview with Mark Faber attached here on this subject addressing the root of this problem, which is of course the Fed’s increasing inflationary policies.

news.goldseek.com >> 24 January 2011

A Culture of Corruption
By: Captain Hook
It’s a funny thing – actually it’s not so funny for the poor lost and trusting souls that give their money to the crooks in New York to manage – but for some strange reason (greed) managed account returns don’t seem to even come close to those enjoyed by money managers today, not even after a good year like 2010. And this is especially true if you include the fact that if money managers have a bad year, or worse, where they may go out of business, our central planners (and central banks) step in and bail them out, and executives at these companies are still paid fat bonuses which is all gravy (for screwing up), never mind a return on investment.

news.goldseek.com >> 18 January 2011

A Lighter Shade of Gray
By: Captain Hook
Between the high frequency trading and other shenanigan’s the bureaucracy’s price managers employ to goose the stock market higher on a daily basis, one could think both it and the economy are better than they really are, but that would be a lie. In fact, you should know that the stock market is not designed to reflect what is happening in the economy, but rather contrary outcomes of the betting practices of gaming speculators who amazingly for the most part do not realize this, and even if the do, with market conditions in such a mature state, cannot measure sentiment effectively.

news.goldseek.com >> 10 January 2011

The Future Is Now
By: Captain Hook
There’s no end to the opinions and forecasts of what awaits us in 2011, with everything from your increasingly popular doomsday scenarios that appear to be getting more attention by the day, to the usual propaganda that by now only the kool-aid drinking sociopath types on Wall Street believe themselves still being buffered from reality by their ill begotten bonus booty. To this end I am not attaching any here today, because they’re too many, which you will likely see at one point or another on your own if you are reading these pages. No, what I am doing here today is simply continuing on with the themes we have been working with in 2010 as they mature, plotting likely courses for the economy and markets we cover in 2011. If you want to call this forecasting – so be it.

news.goldseek.com >> 5 January 2011

Heaven Knows
By: Captain Hook
Heaven knows there are a myriad of good reasons for Western stock markets and other equity prices to be falling, and of course for the most part they are in real terms when measured against gold as the ultimate benchmark. We have Europe under increasing fiscal stress and rioting because of this (coming soon to a theatre near you); Chinese stocks looking very toppy; along with what looks to be a trend change from top to bottom in the debt markets that promises to turn into a global contagion likely sooner than later with all the money printing going on today. Of course all the problems listed above can be attributed to the global fiat currency economy that has been running loose since Nixon officially went off the gold standard back in 1971, where now fully matured, we are witnessing it’s death spiral, and what will probably amount to an end to the Fed within the full measure of process. (i.e. this is the ultimate reason you want physical gold and silver.)

news.goldseek.com >> 28 December 2010

Never Say Never
By: Captain Hook
In reviewing the charts from the Chart Room over the weekend I came to the conclusion that in terms of timing the markets you don’t want to think in terms of price right now, but in terms of time, where again, we are not looking for a blow-off top in the present intermediate move until sometime in the first quarter next year, with early February the favored target from both historical and cyclical perspectives. How did I come to this conclusion? Answer: As you will see in the charts below, several breakouts and trend blow-offs are in the process of tracing out, meaning more time is needed for this to occur no matter how overbought technical conditions in the market are at this time. And while it’s true that everything from stocks to commodities are intermediate degree overbought, what this means is conditions will become even more overbought, and as a result, it’s possible hyperinflationary conditions in the US could at a minimum be tested.

news.goldseek.com >> 21 December 2010

Volatility Set to Pick Up in the New Year
By: Captain Hook
The markets are so manipulated these days that it’s becoming increasingly difficult to gauge just what effect increasing interference is having, knowing in general all unnatural stimuli have decreasing impact the longer and more they are applied. Perhaps the best example of this at present comes from the bond market, where in spite of QE2 and a generous POMO schedule (every day now) that looks set to run in perpetuity, bond prices are falling.

news.goldseek.com >> 13 December 2010

Glory Days
By: Captain Hook
‘Those were the days’ is a well known but now little used catchphrase that is employed in describing ‘better times’, usually heartfelt and sentimental for the individual(s), and usually occurring in better economic times. And at one point or another in a person’s life the concept of better days – perhaps even glory days – as in one’s youth, can be particularly poignant, especially if the economy, even if it’s only yours, hits the skids.

news.goldseek.com >> 6 December 2010

Fiscal Discipline and Unintended Consequences
By: Captain Hook
It’s no secret Ron Paul is expected to chair the Monetary Policy Subcommittee starting next year, and that he intends to properly audit the Fed and US gold reserves as initial steps in attempting to return America to some degree of fiscal discipline. Because there can be little doubt an expanding bureaucracy has hit the limit in terms of what the system can take, which is why you will never see the Fed voluntarily abandon QE2.

news.goldseek.com >> 22 November 2010

Hollow Economy Recipe For Hyperinflation
By: Captain Hook
In case you are trying to put two and two together about what’s going on out there to make gold, silver, everything that’s not nailed down soar in price these days, let me clear things up for you. It’s our hollowed out economy, and the money that needs to be pumped into it so that it doesn’t implode.

news.goldseek.com >> 16 November 2010

Desperate Men Do Desperate Things
By: Captain Hook
If there were a truism to fit a broad cross-section of behaviors in our society today, the catchphrase ‘desperate men do desperate things’ fits well, for sure. This is because you can see it everywhere on an increasing basis as economies of all shapes and sizes disintegrate. And it spreads like a disease, reaching all quarters of our society(s), in one way or another, propagated at the core by greedy money-center bankers and their political oligarchs hopelessly attempting to prevent a collapse of the larger fiat currency economy, hegemony economics, and US Dollar ($) supremacy.

news.goldseek.com >> 8 November 2010

What Will Cause Gold To Rise From Here?
By: Captain Hook
Gold is overbought from a conventional technical perspective; of this there is little doubt. So the question then arises, if this is to be so, as fundamentals for rising gold and silver prices become stronger by the day (see below), what will cause the prices of precious metals to rise further from here, or after a mild correction? Answer: A widespread (think currency wars) and accelerated currency debasement.

news.goldseek.com >> 1 November 2010

It’s All About The Dollar
By: Captain Hook
That’s right folks, it’s all about the dollar ($) in the financial markets these days, and the $ is all about its accelerating debasement at the hands of the Fed. This of course must be rubber stamped by the politicians to be considered ‘legal’, however it should be understood there’s nothing legal about this as the destruction of the $ via fiat declaration is fundamentally unconstitutional.

news.goldseek.com >> 18 October 2010

Gold Still Under Owned
By: Captain Hook
The debate is on. People are saying even if there is not deflation, at the same time there is no inflation, which is of course wrong. In the first place, inflation, which is defined as an increase in money supply (not prices), although growth rates are not hyperinflationary, still, they are rising. So, on the most basic level the premise these people are operating under is completely false.

news.goldseek.com >> 11 October 2010

Damn the Torpedoes – It’s Fiat Nirvana or Bust
By: Captain Hook
Little doubt can exist US central planners intend to go the full nine yards in attempting to overt a repeat of Japan over the past twenty years. We know this because the Fed told us in it’s last meeting it’s prepared to do anything to avoid such an outcome, which for them means they are willing to turn the screws on the printing presses without limit.

news.goldseek.com >> 4 October 2010

Welcome to My Nightmare
By: Captain Hook
So what’s all the hubbub about a nightmare? The charts are now confirming we are looking at significant inflation moving forward, and the price increases to go along with this, meaning we are staring down the barrel of an inflationary depression dead ahead. And make no mistakes about it; this will be a nightmare for the average citizen, literally wiping out the middle class financially in the process.

news.goldseek.com >> 27 September 2010

Rock Crushes Scissors
By: Captain Hook
You may remember my commentary entitled Paper Cover Rock from the end of July in which the game ‘rock paper scissors’ was employed to illustrate how at the time our bureaucracy’s price managers (the bank cartel, etc., call them what you will) crushed gold (and silver) going into August options despite excessive bearish sentiment at the time to prove a point, the point being prices will be contained no matter what.

news.goldseek.com >> 20 September 2010

What Goes Around Comes Around
By: Captain Hook
The first thing I want you to do this week is to read this past article from the spring entitled ‘Smoke and Mirrors Markets to Sponsor Precious Metals Mania’, which will benefit new and exiting subscribers alike for several reasons. (Apologies to non-subscribers as this article cannot be opened to the public.)

news.goldseek.com >> 13 September 2010

The Silver Bullet
By: Captain Hook
The blatant price capping of precious metals over the past few days while the larger equity complex was jammed higher with the help of the bureaucracy’s price managers shows two things. First it shows how important gold and silver are in terms of being signals, where it was deemed necessary top hold them back.

news.goldseek.com >> 7 September 2010

A Quantum Physics Enigma
By: Captain Hook
The title a quantum physics enigma likely best captures (as opposed to ‘ A Parallel Universe, etc.’) the essence of describing two things occupying the same space at the same time, as is the case with both inflation and deflation within the matrix of our sordid economies.

news.goldseek.com >> 30 August 2010

QE II Not Enough To Save Credit Cycle
By: Captain Hook
That should read widely anticipated Quantitative Easing (QE) is not enough to save the economy from a contraction in the larger credit cycle, however titles need to be catchy. And that’s basically what sparked the sell-off in stocks yesterday, reflected in a reversal of high yield bonds, which as you know we have been expecting to lead equities (hot money) lower.

news.goldseek.com >> 23 August 2010

The Fear of God
By: Captain Hook
The fear of God – or the perception of power – this is the primary tool of the Fed these days. It’s not credibility anymore, as this has been damaged to the same extent as its balance sheet. This is widely understood as a primary fundamental within the larger scheme of things in that...

news.goldseek.com >> 18 August 2010

The Boys From Brazil – Revisited
By: Captain Hook
The economic news just keeps getting worse and worse (and worse), validating the view we spiraling down in another recession within a larger depression. Of course the effect this is having on an ever-decreasing population of traders (only the pros are left and their numbers are shrinking too as the trade patterns become increasingly bizarre) is to become even more bearish and keep on buying puts, because at some point stocks will turn lower to reflect the fundamentals, right?

news.goldseek.com >> 10 August 2010

Paper Covers Rock
By: Captain Hook
Evidenced by Tuesday’s drubbing of gold and silver into COMEX (paper market) options expiry for the metals, which is an all too common occurrence that goes unchecked by regulators, it’s apparent the banking cartel’s resolve regarding suppressing metal’s prices is particularly strong at present, with the tell sign here being generous numbers of put owners got paid – paid big time.

news.goldseek.com >> 3 August 2010

Analog Comparisons Show Trouble Brewing For Stocks
By: Captain Hook
As anticipated, last Friday, which marked options expiry for July, witnessed a down day in stocks, which in fact turned out to be a 90% down day. In a bull market this would not occur, as the trend would be up, so one must conclude Friday’s 90% down day on increasing volume is a negative omen even though it was not re-enforced by follow-through yesterday.

news.goldseek.com >> 26 July 2010

Welcome My Son – Welcome To The Machines
By: Captain Hook
Every morning it’s the routine, the bureaucracy’s price managers goose the stock market futures, only to see any early gains given back not long afterwards. Of course they are a persistent lot, and have unlimited funds in theory, so they also show up in the last hour of trade prop up prices as well. And this occurs day in and day out, which has kept prices artificially high for quite some time.

news.goldseek.com >> 13 July 2010

Paper Gold Expiry Blues
By: Captain Hook
With all that’s going on in the world these days, ranging from the continued politicization of the oil spill (catastrophe) in the Gulf of Mexico to the possibility of war in the Persian Gulf, it should be no wonder gold is rising and hitting new highs. And that’s exactly what gold was doing up until yesterday, hitting new highs, and is set to continue in this regard moving forward after a correction. The big question is just how significant is this correction to be the first wave of what is likely Primary Degree Wave C (minimally) needing to be corrected at some point.

news.goldseek.com >> 29 June 2010

Forced Austerity Ill Timed
By: Captain Hook
No matter, markets will do what they do best, which is make profits for the least number of participants possible, and based on the current set-up, this appears to still be the case as most individual investors are long stocks and risky bonds again. This is of course a necessary precondition for stock market declines within the scope of the discussion above, where although investors have been desensitized to all the bad news out there they discover once again that fundamentals actually do matter, and that trusting politicians, business leaders, and the financial industry can be hazardous to your financial health.

news.goldseek.com >> 21 June 2010

A Summer Of Discontent
By: Captain Hook
If there is one thing that the Western (Fed) led international brotherhood of central bankers or our self-serving politicians cannot make disappear magically its the debt. And the fact new credit eventually turns into yet more un-repayable debt, and that we have now arrived at the ‘tipping point’ in this regard, where additions to debt do more harm to the economy than good as not only does serviceability become an issue, but increased government participation crowds out market influence, the stage appears to be set for a grand scale systemic / economic crash.

news.goldseek.com >> 14 June 2010

Deflation Scare Dead Ahead
By: Captain Hook
According to John Williams of shadowstats.com, although the Employment Report to be released this Friday will appear robust on the surface, May payrolls could contract net of the temporary census boost, setting up a buy the rumor sell the news trade in the stock market.

news.goldseek.com >> 7 June 2010

X-Wave Confluence
By: Captain Hook
I’ve either heard or read just about every explanation for why the stock market could plunge dramatically moving forward, and I would like to offer mine now, now that it appears the fundamentals associated with our political economy are finally aligned to sponsor such an occurrence. To get things rolling in this regard, everybody should read Jim Kunstler’s latest, where he offers a few thought provoking ideas of why things are likely moving in this direction.

news.goldseek.com >> 1 June 2010

Coming Soon To A Theatre Near You
By: Captain Hook
Make no mistake about it, what is happening in Greece and Thailand right now will be coming soon to a theatre near you as well, with a war between our bloated bureaucracy and the public at center. It’s important to understand that the weaker periphery states in the Western alliance is just the beginning in a global affair

news.goldseek.com >> 24 May 2010

The Pathology of the Bureaucracy
By: Captain Hook
What would you say if it was suggested that our business and political leaders, the larger bureaucracy, and their market managers were all acting in an increasingly irrational fashion, and are exacerbating negative long-term effects with all their meddling in things they should better leave alone, those being any market they decide to manipulate for whatever reason.

news.goldseek.com >> 17 May 2010

A Warning Shot Across Our Collective Bow
By: Captain Hook
This, along with the likely advent of a deflation scare / system failure / economic collapse now underway, is why governments will print money to infinity starting anytime now as budget deficits go parabolic. And all this added together is why gold can go to $3,000 in fairly short order, as again, increasing numbers escape our faulty and fraudulent markets, and more so, simply escape a fundamentally corrupt fiat currency economy being managed by the morally incomprehensible. And because this is a global phenomenon, this is why gold is becoming the world’s reserve currency despite continued efforts to discredit it (and silver) by the bureaucracy.

news.goldseek.com >> 10 May 2010

Of Man and Nature
By: Captain Hook
More than the perception increasing sovereign bailouts in a worsening economy around the world will bolster precious metals moving forward, countries that are still paying their bills will need to have greater percentages of gold in reserve in order to maintain any semblance of currency stability in what might escalate into quasi-hyperinflation despite what faulty money supply measures will have the consensus believe.

news.goldseek.com >> 3 May 2010

Shades Of A Stock Market Mania
By: Captain Hook
And this is quite possibly the sweetest shorting opportunity in stocks since the tops in either 2000 or 2007, as key measures are indicating we definitely have ‘shades of a stock market mania’ that in fact go beyond the two tops witnessed last decade.

news.goldseek.com >> 26 April 2010

Bureaucracy Backfire
By: Captain Hook
As with Rome, that became the globally unchallenged center of power and finance in its time, so to is the American Empire visibly rotting from inside now as well, which will be its undoing. The elitists steer the bureaucracy to do their bidding in an effort to increase the power of the machine, and this can go on for some time, which it has.

news.goldseek.com >> 19 April 2010

Precious Metals Slow Motion Lottery Ticket
By: Captain Hook
Is there a precious metals mania on deck directly ahead or will another deflation scare, which could curb demand for gold and silver, bail out the bureaucracy yet again. Indeed the bureaucracy seems to have nine lives in this regard, with gold and silver still trading at half their respective inflation adjusted values running all the way back to 1980.

news.goldseek.com >> 12 April 2010

From Freedom To Fascism
By: Captain Hook
Orwell was right all along. Big Brother (the bureaucracy) is to grow too powerful for anybody’s good. And this is now happening in America, where the Ministry of Truth broadcasts endless propaganda daily to affect opinion and beliefs, and the authority of the Thought Police has grown to such proportions we can now say, here we are, totalitarianism is upon us a la 1984.

news.goldseek.com >> 5 April 2010

Smoke and Mirrors Markets to Sponsor Precious Metals Mania
By: Captain Hook
At the risk of getting what may appear to be even more bizarre in my current views on how the various markets we cover are about to unfold, in our current view moving forward (our intermediate to long-term view), which has changed (in the intermediate term) for reasons that will be discussed below, gold is preparing to make a move to new highs at the expense of bonds, and stocks will also continue to benefit from liquidity escaping debt markets in spite of rising interest rates.

news.goldseek.com >> 29 March 2010

Markets Set To Surprise
By: Captain Hook
Within the space of 24-hours we discover the Fed is still scared stiff (of deflation), the ECB is bailing out Greece (because deflation is already occurring), and the Japanese are doubling recent monetization efforts (because they have been deflating for decades), all pointing to a continuation of a highly accommodative stimulus disposition world wide. This is a large part of the reason stocks are enjoying a record advance, where now we also know why bonds look precarious moving forward, with US Treasuries center stage given a breakout from long-term resistance (see Figure 2) is in the making.

news.goldseek.com >> 22 March 2010

Wall Street Redux
By: Captain Hook
There has been no shortage of mainstream media coverage regarding the public’s growing outrage with Wall Street and its now unparalleled lust for money and power (greed), with everything from Matt Taibbi’s comprehensive accounting of the growing scandal entitled Wall Street’s Bailout Hustle, to the hollow calls from politicians to rein in these apparently misguided people, heavy on the sarcasm here.

news.goldseek.com >> 15 March 2010

When Fiction Meets Reality
By: Captain Hook
There is no end to speculation concerning the stock market at present, with everything from credible crash calls to major gold stock rallies lying directly ahead. So the question begs, as fortunes are at stake, which view is correct – which view is fiction and which is reality? In my view, and although more upside might indeed exist for stocks prior to a reckoning (due to the lagged effects of money supply growth), the fiction that has become our reality, which is our fiat currency economy, is now hitting the wall in terms of constraints, which will be the stock market’s undoing.

news.goldseek.com >> 11 March 2010

Battle Of The Titans
By: Captain Hook
It’s a battle between the bull and the bear – fear and greed – inflation and deflation – in the stock market. Of course when it comes to this sentiment the same can be said about all markets, which is what makes them markets in the end, however stocks are close to people’s hearts because of widespread participation these days.

news.goldseek.com >> 1 March 2010

Just One False Move
By: Captain Hook
Just one false move on the part of our price managing bureaucracy and it’s all over – all over but the crying. Of course according to the Governor of New York it’s already over, where by the looks of things beneficiaries of the bureaucracy will be crying soon enough.

news.goldseek.com >> 22 February 2010

As Ford Goes
By: Captain Hook
Just as I begin writing this we get the headline China is raising reserve requirements at its banks and equity futures, including gold, fall out of bed. Why is this? Well, for one thing, and besides the fact it appears Chinese officials intend to manage monetary policy in a vacuum, Bloomberg headlines also read 50% of commercial space in Beijing is vacant, with more of the same expected for additional buildings still under construction.

news.goldseek.com >> 16 February 2010

Leaving Las Vegas
By: Captain Hook
Have you noticed the M’s have been contracting noticeably over the past month or so, with M1 now joining the party as well. I did not pose that last sentence as a question because I am telling you this is happening, and that it’s important, and until it stops equities will continue to fall. Here comes a question though. Why is it happening?

news.goldseek.com >> 8 February 2010

The Cooler
By: Captain Hook
Major stock market indices put in outside weekly reversals last week, which is a bearish technical indication the intermediate-term trend may have finally rejoined the primary forces that would see prices far lower were it not for official intervention. And although this intervention is now getting talked about in the press in a more intelligent fashion, even if only on a very limited basis, it should be understood most remain oblivious to what makes the stock market world go round.

news.goldseek.com >> 1 February 2010

Precious Metals Next Rolling Bubble
By: Captain Hook
A point I wanted to make clear with respect to our discussion the other day is hyperinflation must be justified in the minds of the doers, having the political will of the people behind them. This is why we will need another round of financial crisis for public consumption, and we know from comments made earlier in the week the set-up is for a possible black swan event in summer, with stocks topping out no later than spring.

news.goldseek.com >> 25 January 2010

We' The People
By: Captain Hook
That’s quite the title, no? But without making it even longer, because it covers a vast and complicated subject, it encapsulates what I think will be the most important event that could become apparent to the masses this coming year, which means process would accelerate to a more recognizable end. Let me explain what I mean now that all this confusing stuff is up in the air and in need of some grounding; like our currencies.

news.goldseek.com >> 19 January 2010

2010 To Mark Dollar Demise
By: Captain Hook
Well, that was another year, and decade, one that was characterized by exacting prices for almost a century of easy money led by the Fed. And it continues today with bubble dynamics in economies and markets considered a normal expectation these days, explaining why gold was top performer over the past 10-years, and should remain in that spot moving forward as well baring silver’s remonetization.

news.goldseek.com >> 11 January 2010

Bubble Dynamics In 2010
By: Captain Hook
If asked the question, most ‘financial experts’ would likely tell you the possibility of a return to extreme bubble dynamics in stocks during 2010 is the most unlikely possibility, not after all the ones during the last decade. Besides the possibility of deflation Prechter and the likes sell to a public that sees the risks, which are in fact very real, because this is widely known and being countered by central authorities, a risk of opposites must also be considered – or so the charts tell us.

news.goldseek.com >> 4 January 2010

Divergences Spread And Grow More Profound
By: Captain Hook
Divergences in various markets, indicators, and data continue to grow across the gambit, with patterns indicating some sort of resolution is set for as early as next week – as discussed previously. A diamond is forming in the widely followed S&P 500 (SPX) (and other broads) due to pinnacle next week, which as suspected for some time now, should keep equities buoyant until the New Year.

news.goldseek.com >> 30 December 2009

Elvis Has Left The Building
By: Captain Hook
The lower $ can fix some things, and between this and the present bond bubble bursting, again, it’s not difficult envisioning precious metals benefiting from such a paradigm shift. However the stock market, this is a bird of a different color until the public is in a position to participate again, which as mentioned could be a generation if history is a good guide.

news.goldseek.com >> 22 December 2009

Caught In A Lie
By: Captain Hook, Treasure Chests
In the meantime however, unfortunately gold has just finished a profound five-wave sequence lower and definitely has more downside, suggestive the larger correction might not hold the round number at $1100, not that this will negate the count we are working with. This still requires one more thrust higher to finish off 1 of C, allowing for a bigger correction at that time. (i.e. the one that will take gold back down to test the breakout at $1,000 in $ terms, that being your last opportunity to buy on the cheap in the proximity of three-digit pricing again.)

news.goldseek.com >> 14 December 2009

Martin Armstrong’s Revenge – Revisited
By: Captain Hook
Robert Prechter was out again this week reminding us all why deflation remains an immanent danger, and to dawn our crash helmets looking for ‘big declines’ in everything from stocks to gold. Of course anybody taking his advice seriously over the past 20 years has for the most part been on the wrong side of the trade for extended periods of time because he basically does not take into account just how desperate and crazy countervailing forces (the bureaucracy) to the primary trends he sees are, which is the case at present.

news.goldseek.com >> 8 December 2009

Good News to Bring Bad News Bears For Stocks
By: Captain Hook
The title of this piece actually says it all if you have been following our work for any length of time. The understanding here is because our faulty and fraudulent markets are based more on speculator betting practices rather than fundamentals, regularly assaulting the sensibilities of unwary participants, the majority of time a steady flow of bad news actually supports stocks, not the opposite as most straight forward thinking people would assume.

news.goldseek.com >> 30 November 2009

Dollar Set To Surprise
By: Captain Hook
The dollar ($) is set to surprise the few remaining speculators that think it can't happen by falling further straight away, possibly taking it down to test all time lows at 71. Here, we are talking about the possibility of a more disorderly decline in the $ developing as a result of gold progressing into a parabolic rise, primarily predicated on year-end hedge fund buying into December.

news.goldseek.com >> 23 November 2009

Climbing The Wall Of Worry
By: Captain Hook
The news could not be worse considering the economy is constantly touted to be recovering by a price / expectation managing bureaucracy and sympathetic media. From bursting bailouts to bulging budget deficits to growing needs to crashing consumer credit – observers are subjected to a constant flow of bad news.

news.goldseek.com >> 16 November 2009

Gold Going Parabolic
By: Captain Hook
Gold is in the headlines right now because of India’s announcement to buy half the announced IMF sale, and possibly more. But this is not why gold advanced so strongly yesterday. It blew past previous highs because we are in a significant cycle down time for equities right now, and the perception is if stocks are not to follow the natural path in this regard, authorities will need to hyperinflate.

news.goldseek.com >> 9 November 2009

At The Margin
By: Captain Hook
How can the stock market continue to set new rally related records week in and week out? Answer: As per our discussion last week, because at the margin, there have been enough bearish speculators, as measured by US index open interest put / call ratios, to continually squeeze prices higher.

news.goldseek.com >> 2 November 2009

Postponing Providence
By: Captain Hook
That’s the game – postponing providence – putting off the inevitable until the next guy’s shift. This is the cache of our political economy, as with all other comparables before it, now maturing into rot. All dominant cultures recede this way of course, dying from within as it were. And the American Empire is no different, with its hollowed out economy, markets, and values.

news.goldseek.com >> 26 October 2009

Not Inflation Or Deflation – But Speculation
By: Captain Hook
Call it what you want, the primary condition our condition is in is not inflation, or deflation, or even stagflation for that matter, although it’s much closer than the other two definitions in describing the macro. Why would the term stagflation better describe macro-conditions? Answer: Because the mature state of globalization that guarantees us a constant state of overproduction moving forward, which depresses prices, is being countered by monetary inflation, which has increased certain prices, but primarily only those under government influence, leaving the rest of the economy sluggish.

news.goldseek.com >> 19 October 2009

Loss Of Wealth
By: Captain Hook
Human beings are not designed to think in terms of loss, or at minimum, are not built to deal with it well psychologically. And if you look around one can see this in how we have structured our modern day society, with the economy counting on steady and consistent growth even if its not to be. Of course even though it’s not to be, we humans would prefer to be optimistic, and lie about the reality of the situation.

news.goldseek.com >> 13 October 2009

Other Peoples Money
By: Captain Hook
At the risk of getting ahead of myself prior to being able to confirm the turn, I am suggesting stock market action over the past week bears the distinct odor of a bull trap, with even informed technicians still waiting for a push to 50% retracements on the indexes.

news.goldseek.com >> 5 October 2009

Why The Dow / Gold Ratio Could Be On Its Way To Unity Soon
By: Captain Hook
As suggested in our last meeting, and supported in continuing technical analysis by Dave (which you can review at your convenience on the site), equities have yet to top out, however we are likely within just a few days / weeks of such an event.

news.goldseek.com >> 28 September 2009

Trade Wars Guarantee An End To The Party
By: Captain Hook
On one side of the formula we have the continued need for speed in monetary creation by whatever means, capably characterized by Doug Noland in his weekly commentary explaining that while it will all end badly, government largesse will likely get out of control before its all over. The point he is getting at here is that because of all it’s meddling, the government (and us) is locked in an inflation death grip it necessarily needs to keep building on or face implosion.

news.goldseek.com >> 21 September 2009

The Ratchet Effect
By: Captain Hook
It appears our self-serving bureaucracy thinks they can keep fooling the markets indefinitely, where now they have resorted to attempting to ratchet stocks higher against precious metals. Of course the funny part of it all is as you know from our last meeting precious metals charts are telling us it will take hyperinflation to keep equities moving higher however, as the dollar ($) decline is getting stretched to say the least.

news.goldseek.com >> 14 September 2009

You Don’t Mess With The Zohan
By: Captain Hook
You Don’t Mess With The Zohan is the title of a funny flick starring Adam Sandler from which I will borrow a sentiment that should apply to the breakouts in precious metals yesterday. And that is normally you don’t mess with breakouts like this, however in knowing gold and silver continue to be in play via our self-serving bureaucracy / price managers, paranoid as this may sound, I wouldn’t be surprised for a minute if these characters attempt to scuttle the rallies in coming weeks.

news.goldseek.com >> 31 August 2009

History Continues To Repeat
By: Captain Hook
Many are now talking about how the markets appear to be managed these days, and these people are now taking conspiracy theories in this regard far more seriously. And without a doubt the Fed and Treasury are working overtime to keep the bubbles afloat, the bubbles in both equities and debt.

news.goldseek.com >> 24 August 2009

The Fraud Of The Fed
By: Captain Hook
Far too many look for easy ways to get rich quick these days, only to be disappointed or shocked when reality bites in the end. Because of this there are no shortage of Ponzi like schemes characterizing the financial landscape, one by one being found out to be frauds, with Bernie Madoff at the top of the list in history thus far.

news.goldseek.com >> 17 August 2009

Forced Buying Puts Finishing Touches On Rally
By: Captain Hook
Forced mutual, pension, and hedge fund related buying could push equity prices higher in coming days, however if our views on the dollar $ are correct, any such buying should be fleeting, possibly even ending today if overnight reversals in various key stock markets have any predictive value.

news.goldseek.com >> 10 August 2009

History Repeating Right On Schedule
By: Captain Hook
Just about everybody has heard the truisms ‘history repeats’, and if this is not true ‘history rhymes’, however it’s been my observation that a far as present day stock market participants are concerned, not many take the validity of these statements as seriously as they should. After all, people are people right, even if they were acting in the context of another era, and in this case, other market bubbles.

news.goldseek.com >> 4 August 2009

Its Only Castles Burning
By: Captain Hook
‘Its only castles burning’ – A piercing lyric central to a Neal Young classic and also an appropriate sentiment with respect to the paper castles burning in the world of finance these days. Whether it’s a result of inflation or deflation – value is being lost – paper is burning – to reflect the value that never was.

news.goldseek.com >> 27 July 2009

Rearranging Deck Chairs On The U$$ Titanic
By: Captain Hook
America’s paper empire is slowly sinking into the sea, and all the powers that be can do about it is rearrange the deck chairs for a while as they wait for the inevitable. Increasingly, more and more people are comparing the US to Japan, and it’s 20-plus year bear market / economic doldrums, realizing try as they might, the prognosis for American is a match.

news.goldseek.com >> 20 July 2009

Bear’s Beware
By: Captain Hook
At the risk of sounding a little crazy in knowing the fundamentals are indeed ‘that bad’, this is a cautionary note to those who are short stocks to expect volatility moving forward, but not the kind you are hoping for. And hey, the technicals in the markets are no hell either.

news.goldseek.com >> 14 July 2009

The $64,000 Question
By: Captain Hook
Some might be reminded of the Abbott and Costello routine of ‘Who’s On First’ with this line of thought, but this is not the intention. The intention behind this line of thinking is to explain why stocks can go higher from here despite negative fundamental and technical underpinnings supporting them at present.

news.goldseek.com >> 6 July 2009

Race To Zero Acceleration A Certainty
By: Captain Hook
Just when you think you have it figured out – bang – something changes. And present circumstances are no exception to this rule. Last week it appeared conditions were forming to sponsor a significant sell-off in stocks / equities this summer / fall, where a combination of sentiment and internals were moving into alignment in this regard.

news.goldseek.com >> 29 June 2009

Green Shoots To Soggy Grass
By: Captain Hook
A skyrocketing yield curve is normally a sign the economy is dangerously heating up, and that market rates in fixed income securities are signaling the likelihood of higher administered rates soon as well. Along these lines then, short-term rates have been rising on the expectation that the Fed will need to talk about higher rates at its next meeting on July 22nd, with a corresponding collapse in both the yield curve and gold. It should be noted gold is tracing out an exact pattern match on the yield curve, and rate expectations.

news.goldseek.com >> 22 June 2009

Rhyming And Reason
By: Captain Hook, Treasure Chests
Will history repeat in terms of the widely followed stock market comparisons that many now put against present conditions. As you may know, often, when a system that is used to forecast financial markets becomes too popular, changes in outcomes occur despite previously tight correlations. And it could be argued we are at such a juncture now, as new services are cropping up everywhere in this regard.

news.goldseek.com >> 15 June 2009

Picasso Would Be Proud
By: Captain Hook
As suspected last week, mutual and hedge fund managers could not resist the temptation to push stocks higher in month end window dressing given the opportunity, so they did. And I wouldn’t doubt for a minute the bureaucracy’s price managers were told to make stocks look good at week’s end because of Geithnier’s trip to China, where he is on his first official US paper selling junket. There’s really no other explanation for why stocks mysteriously surged at the close on Friday due to futures buying.

news.goldseek.com >> 8 June 2009

The Summer Of Discontent
By: Captain Hook
The following study comparing the pattern in today’s Dow to the post crash Nikki, similar to our own findings, does a good job of talking about both near term and extended possibilities within a predominantly deflationary environment that would sponsor such an outcome. Within the context of this discussion, and again, a topic we have been focusing on in attempting to identify the eventual turn back down in the broad markets, in the above Sarel Oberholster correctly points out that although the Dow has almost achieved the same percentage gain witnessed in the Nikki’s post crash bounce (31% compared to 34%), timing wise, if the patterning is to be a closer match, stocks could remain buoyant for up to another four months.

news.goldseek.com >> 1 June 2009

Debt Is Your Worst Enemy
By: Captain Hook
Debt is your worst enemy right now – make no mistake about it. And the reasons for this understanding are plain for all to see, with the most profound being the next round of deleveraging might be just around the corner, meaning worsening asset price deflation would make it impossible for most to ever escape the debt death trap outside of a jubilee, which is the last thing our blood sucking financial institutions want.

news.goldseek.com >> 26 May 2009

It’s Pattern Recognition Time
By: Captain Hook
The dollar ($) is breaking down, and everybody is watching (including the Chinese), so it must be time to throw a deleveraging scare back into the market to affect a rally and support Treasuries. This is what the good conspiracy theorists are thinking right now. And you know what, not coincidentally this is actually the way things just might play out, looking like the markets are being managed right when it’s needed.

news.goldseek.com >> 18 May 2009

Appearances Can Be Deceiving
By: Captain Hook, Treasure Chests
The old adage ‘appearances can be deceiving’ can apply to many different situations, but for today, in our financial mania centric world, there is likely no better use of the term than as it applies to the various markets that characterize the landscape these days. In this respect, right now stocks appear to be discounting better times ahead with their more recent rebound, however even those who do not understand the real reasons why, know this to be a falsehood.

news.goldseek.com >> 11 May 2009

Natural Gas Is The Mania De Jour
By: Captain Hook
Many are wondering what the heck is going on in the natural gas (NG) market, because if it’s suppose to be such an essential commodity, why does the price keep crashing, especially with stability found in the larger equity complex? To answer this question properly, we must first set the stage with the appropriate background understandings, where because of the extremes in pricing we are seeing here, previous efforts in this regard now appear insufficient.

news.goldseek.com >> 4 May 2009

A Test Of Truth
By: Captain Hook, Treasure Chests
That’s what the stock market faces this coming week with technicals now sufficiently overbought to allow for a true test of the trend. Those who do not study history or cycles are interested to find out the nature of the beast. They are asking themselves, ‘is this a new bull market?’

news.goldseek.com >> 27 April 2009

Analog Comparisons
By: Captain Hook, Treasure Chests
Picking things up from the other day, and in an effort to continue being successful investors, we are here today to check the analog comparisons that have proven invaluable in aiding us identify pattern and timing elements in present day stock market movements.

news.goldseek.com >> 20 April 2009

A Pregnant Pause
By: Captain Hook
That’s where we are in terms of whether equities, and the inflation mindset, continue to fill with air past this point – it’s time for a pause. This is basically what Carl Swenlin is pointing out in making the observation intermediate-term technicals are now overbought, and that the stock market should pullback somewhat from here before building the necessary steam to produce a more lasting breakout.

news.goldseek.com >> 13 April 2009

Giving Up The Ghost – Revisited
By: Captain Hook
In the spirit of previous undertakings similarly focused on measuring the general sentiment of investors today, and in borrowing the title of a timely piece we penned last fall, we revisit the theme investors remain reticent about ‘Giving Up The Ghost’ on being bullish about stocks these days.

news.goldseek.com >> 6 April 2009

In Order Of Magnitude
By: Captain Hook
In order of magnitude, it’s important for those who pay attention to these things to note what is occurring in the economy and financial markets right now is of the highest degree in terms of importance (and movements), because the world’s reserve currency, the US Dollar ($), is in jeopardy of losing this role, which will change everything.

news.goldseek.com >> 30 March 2009

The Boys From Brazil
By: Captain Hook, Treasure Chests
As postured on these pages for some time now, seasonal inversions in trading patterns of markets tend to occur in mature markets due to sentiment / structural irregularities. In the case of the US stock market, what has essentially occurred is because the general investing population has been ‘dumbed down’ due to excessively good economic conditions over an extended period, along with powerful mind-numbing corporate propaganda, their aversion to risk has been dangerously tempered.

news.goldseek.com >> 24 March 2009

March Madness
By: Captain Hook, Treasure Chests
Bullion and precious metals shares will undoubtedly decline once it’s understood fear is coming out of the market(s), however as described a few weeks back at the onset of the correction, gold should only drop back into the $850 to $900 range in a sloppy test of the megaphone breakout, with the indexes bolstered by generally buoyant equity markets. This means weakness should be bought, but patience into next month might prove to be a virtue. As an indication of what to expect, I am looking for the Amex Gold Bugs Index (HUI) to drop back down into the 250 area minimally, and below possibly, as late comers to the party are scared out of their positions once it’s thought the sky is not falling.

news.goldseek.com >> 16 March 2009

Throw Mama From The Train
By: Captain Hook
Throw Mama From The Train – a funny and entertaining movie depending on who you are. But more so in terms of present circumstances in the stock market – a reflection of what we must live with right now as well. Mama was demeaning and aggravating in the movie, just like the market(s) in real life today. And unfortunately it’s enough to make people throw their sensibilities away.

news.goldseek.com >> 8 March 2009

Getting From A To B
By: Captain Hook
Are you scared yet? You should be because not many others are in spite of the growing carnage in the financial markets these days. This is set to change in a hurry however, where borrowing from the Kübler-Ross model on ‘death and dying’, which is the same process investors are going through right now, if I am right about this, in getting from A to B, with A being denial and B anger, the stock market could do the unimaginable.

news.goldseek.com >> 2 March 2009

A Brave New World
By: Captain Hook, Treasure Chests
Or should I say, one will need be increasingly brave to live in a rapidly changing environment, strewn with perils and pitfalls not contemplated by the masses (mob) just yet. Slowly but surely process is taking hold in this regard however, and it will accelerate and spread like wildfire as the economy continues to contract, and conditions are officially deemed to be in Depression on a global scale.

news.goldseek.com >> 23 February 2009

Ineffective Alphabet Soup Policy Could Trigger Deflation Scare
By: Captain Hook
The markets are falling apart much faster than originally anticipated, which is troubling with respect to the inflation case. This is why we highlighted the scary reversals in M1 and M3 growth rates earlier in the week, to alert you to the possibility conditions might progress such that general price weakness could develop moving forward. While it’s true such discussion might be premature, and it would take time for such reversals to have lasting effect, never the less, it’s disturbing to see money supply trends possibly turning down at this time with a major sell signal in the stock market now in the bag.

news.goldseek.com >> 17 February 2009

Reviving The Patient
By: Captain Hook, Treasure Chests
Five trillion dollars, that’s what it’s going to cost for the good / bad bank and ballooning stimulus plans. Now that’s serious money, not too mention serious inflation by strict definition in the sense money supply has been rising, but prices have not.

news.goldseek.com >> 11 February 2009

Precious Metals Regaining Monetary Status
By: Captain Hook, Treasure Chests
Loose in the head. As opposed to Hank Paulson, that’s what traders now think of Geithner since he angered China before even getting in the door. They think he’s loose in the head. So, delayed as the reaction was since he uttered the words Thursday, the trade bought gold, sold bonds, and who knows, maybe even reversed the dollar ($) despite the fact stocks look set to plunge.

news.goldseek.com >> 2 February 2009

Neither Man Nor Machine
By: Captain Hook, Treasure Chests
The terrible price action in the stock market raises the question, ‘are we on the right track expecting seasonals and the multiple post-crash historical patterns that have proven reliable in forecasting higher prices moving forward from here to repeat; or, is the market condition so far advanced that these things are known by the investing population, potentially altering the outcome?’

news.goldseek.com >> 27 January 2009

To Bounce Or Not To Bounce – That Is The Question
By: Captain Hook
Like the others, it appears what was formerly reliable sentiment related analysis associated with the study of open interest put / call ratios has now succumb to an increasingly mature market(s) condition. Of course, technically, such a conclusion could be viewed as incorrect in that the reason stocks did not go up this week was not because of selling, but because of a buyers strike.

news.goldseek.com >> 19 January 2009

Gold Is A Beach Ball Being Held Under Water
By: Captain Hook
Perhaps the best analogy to explain the fundamental condition of gold is that it’s like a beach ball being held under water, where at some point it will escape the clutches of its oppressor, springing it into the light of day for all to see its true worth. Even a child could understand such a condition when explained in terms of a beach ball. When it comes to the day-to-day trials and tribulations of gold however, it’s not that simple unfortunately, because although gold is the oldest form of true money on the planet, it’s also a political metal caught up in the biggest fiat currency / Ponzi scheme in the history of mankind.

news.goldseek.com >> 12 January 2009

US Index Open Interest Put / Call Ratio Analysis
By: Captain Hook
Well, Santa has come and gone and provided those who bet on a Christmas time rally a nice return, the best ever in fact with respect to the broads. After such an outcome, it’s traditional to see a pullback to work-off an overbought condition when the majority of traders return from holidays, so don’t be surprised if the broad markets fall early this week.

news.goldseek.com >> 6 January 2009

Bond Bubble Bursting?
By: Captain Hook
They’ve done it now. The Fed has revealed the level of panic they are in behind the scenes by cutting rates to zero and promising unbounded quantitative easing. Here, it should be noted that based on remarks from the Fed Policy Statement Tuesday, quantitative easing is now set to go beyond the bailout style monetiziations of financials that have primarily characterized re-inflation efforts under the gaze of Bernanke and Paulson so far to include just about anybody who needs ‘social assistance’, which apparently includes all degrees of bad investors / speculators these days.

news.goldseek.com >> 22 December 2008

They Just Don’t Get It
By: Captain Hook
Most financial commentators, even the well-known and respected ones, just don’t get it. They don’t understand what’s happening in macro-conditions because they fail to accept the understanding that sentiment, as measured by speculator betting practices in the various options markets populating the landscape, is the single most important driver of prices in our mature fiat currency based financial markets.