news.goldseek.com >> 7 July 2008

Bureaucracy Reclamation – The Next Stage
By: Captain Hook
With a collapsing credit cycle unfolding before our very eyes, central planners believe they must paint a picture that what’s happening is ‘normal’ and ‘ordinary’, where in the end all will be well. And in spite of evidence this time around things are different, the media would like us to believe that the public thinks this is the case.

news.goldseek.com >> 30 June 2008

Above The Law
By: Captain Hook
Above the law – that’s where financial authorities, politicos, and bureaucrats think they are – a farce justified on the premise extreme times justify extreme measures. Moreover, they routinely lie and cheat the public out their savings to protect their own positions, as opposed to living up to oath’s of office and serving the public’s interest.

news.goldseek.com >> 23 June 2008

They’ll Be Printing Money Like There’s No Tomorrow
By: Captain Hook
That’s what master planners will be doing in continuing efforts to offset a collapsing credit cycle. And we are just a few short weeks away from when this should begin in earnest. Why not right now? Why will this likely take until July to begin in earnest? Well, for one thing master planners (heavy on the sarcasm) have it their minds they need to talk the dollar ($) up right now, at least until things start falling apart again.

news.goldseek.com >> 16 June 2008

Man Is His Own Worst Enemy
By: Captain Hook, Treasure Chests
Man is his own worst enemy – this truism has proven itself over and over in history – and is doing so once again in our handling of economy. As you undoubtedly know the consumer is on the ropes and in need of relief due to excessive credit.

news.goldseek.com >> 10 June 2008

Demand Destruction Delusion
By: Captain Hook
Demand destruction refers to the effect of a rising price on a good, service, or commodity, where a rising price has the increasing effect of curbing demand. Central planners live under the assumption the above condition set applies to commodities within current circumstances, which we categorize as quasi-hyperinflationary times at present.

news.goldseek.com >> 2 June 2008

The Next Shoe To Drop
By: Captain Hook
The next shoe to drop for the financials, and the larger credit crisis, will be the market’s acceptance that mortgage related write-downs are nowhere near complete or close to where they are going, where presently in extreme bubble locales like California, much of the market has been halved, at a minimum.

news.goldseek.com >> 27 May 2008

Cyclical Corrections In Secular Trends
By: Captain Hook, Treasure Chests
Buy gold and silver, and make the future easier for yourself. Successful investing is all about getting on a trend before it becomes popular, before buying interest increases, driving the price up. The fact an easily controlled public has not jumped on the precious metals bandwagon is not a negative then, but a positive for those who grasp the opportunity.

news.goldseek.com >> 19 May 2008

The Art Of Misdirection
By: Captain Hook, Treasure Chests
Central planers and Wall Street prestidigitators are getting better at having people concentrate on the wrong things at the wrong times in my opinion. In terms of present circumstances are concerned, we are referring to their ability to have the street focused on a manufactured rally in the dollar ($), while the effects of their previous inflation efforts run rampant throughout commodity markets, all the while having no material impact on improving the credit crisis, which is of course justification for printing the copious amounts of fiat currency they enjoy so much.

news.goldseek.com >> 12 May 2008

Neither A Borrower Nor A Lender Be
By: Captain Hook
And most certainly, don’t be a gold producer, as the deck is definitively stacked against you here too. We will get back to this subject in just a minute. But first, let’s expand on that title, as it’s a beauty given global monetary conditions appear to be progressing into a state of hyperinflation.

news.goldseek.com >> 5 May 2008

Pattern Recognition
By: Captain Hook
In today’s increasingly mature market environment, basing one’s investment decisions on the recognition of commonly followed patterns, like a ‘head and shoulders pattern’, has proven to be an expensive mistake all too many times for traders throughout the past 10-years or so.

news.goldseek.com >> 28 April 2008

The High Road To Hell
By: Captain Hook, Treasure Chests
In this regard you should remember our thoughts on the timing subject, where we are looking for a bottom in precious metals later this month as per the 1978 seasonal comparison (see Figure 3), or in May, where it should be noted trend changes in November / May tend to be important / lasting from a historical perspective within the context of the present bull market.

news.goldseek.com >> 21 April 2008

The Full Nine Yards
By: Captain Hook, Treasure Chests
The joke this April Fool’s Day was on the short sellers with yet another squeeze higher in stocks. Of course this has not been a problem since last summer as stocks have been (and remain) in a bear market. Unfortunately for short sellers this time around however, this bounce will likely be more robust than previous occurrences in that important cyclical influences have now gone positive, which will act as a tail wind for the bulls in fits and starts (choppy price action) right into the second quarter of next year.

news.goldseek.com >> 14 April 2008

The Next Mania
By: Captain Hook
As suggested in our last meeting, you can fool some of the people some of the time, but you apparently can’t fool investors anymore, evidenced by the failure in attempting to engineer a dollar ($) rally. The question then arises however, is this week’s failed $ rally the result of relative economic weakness in the States, where it’s perceived an extended recession has commenced; or, is this just the result of continued ‘party line talk’ out of the European Central Bank (ECB)?

news.goldseek.com >> 7 April 2008

You Can Fool Some Of The People Sometimes
By: Captain Hook, Treasure Chests
Applying this knowledge to the larger picture then, and to further borrow from previous work attached here, if gold is preparing to head over the $1,000 on a more permanent basis later this year, then it’s a fair assumption the Dow should correspondingly be heading south to towards the 10,000 mark at some point as well, where it’s anticipated the next significant support for the Dow / Gold Ratio will come in at approximately 10, the round number.

news.goldseek.com >> 31 March 2008

Possible Correction in Commodities and Related Stocks Dead Ahead
By: Captain Hook, Treasure Chests
Picking things up from yesterday, first perhaps we should expand more on just how much ‘instant credit’ is being created by the Fed’s new Term Securities Lending Facility (TSLF), and why this will not matter in terms of supporting our bubble economy(s) in the end. Why won’t it matter? In a nutshell, and a truism that fits circumstances to a ‘T’, ‘you can lead a horse to water, but you can’t make him drink’.

news.goldseek.com >> 24 March 2008

It's The End Of The World As We Know It
By: Captain Hook
In terms of a correction target, as you can see above, gold could easily pull all the way back to the $750 to $800 range in testing the break above the 1980 high again, but at this point such an outcome is not anticipated. More specifically, and as pointed out last week here using Figure 3, if a top is established in early March like in 1978, expect to see an approximate 10-percent correction into late April before gold turns around on its way into four-figure territory. This would mean gold would be a buy in the $900 area if yesterday’s reversal holds.

news.goldseek.com >> 17 March 2008

The Dual Paradigms Of Macro Economic Conditions Today
By: Captain Hook, Treasure Chests
Many are now categorizing current macro economic conditions as being an instance of stagflation. And while current circumstances definitely appear to be so, in my opinion one needs to go past the definition of stagflation to capture the essence of macro conditions at present, because this is not your father’s economy.

news.goldseek.com >> 11 March 2008

Definitive Proof The Bear Is Alive And Well
By: Captain Hook, Treasure Chests
Some would say it was the news that caused stocks to fall yesterday, but if you believe this, consider yourself in the naïve camp. Nothing fazes traders today, especially those using ‘other people’s money’ (OPM), and even worse, those guaranteed an endless free supply from the Fed.

news.goldseek.com >> 4 March 2008

Exploring All The Possibilities
By: Captain Hook
These are definitely interesting times we live in, and the markets are also in this category from a predictive standpoint. Many are now dependent on the stock market’s performance, so the stakes are high on numerous fronts. And for this reason you not only have participants remaining invested far past what would have historically been viewed as ‘prudent’, but master planners in our society feel justified in arriving at a desired outcome no matter the means.

news.goldseek.com >> 25 February 2008

The Irony Of It All
By: Captain Hook
Toxic credit crunch contagion continues to spread, silently kicking the stuffing out of the economy faster than people think. Whether you want to talk about credit cards, corporations, or commercial real estate – the credit crunch is spreading, and beginning to look nastier all the time. You should know that when banks begin to fail in the States, and they will, things could spiral out of control to the extent controls will to need be placed on both digital and physical movement.

news.goldseek.com >> 19 February 2008

Finding Religion Is Not Necessarily An Uplifting Experience
By: Captain Hook, Treasure Chests
Uninformed odds players are calling a bottom on the stock market citing extreme technical and sentiment related readings. It’s too bad they are not history students as well, but that was the boring and unnecessary elective in school most declined to take seriously. These dip buyers are about to learn a very expensive lesson in my opinion, as in terms of market internals and sentiment, we are currently poised for a crash of potentially monumental proportions.

news.goldseek.com >> 11 February 2008

Speculator Optimism Triggers Market Meltdown
By: Captain Hook
Short sellers are having some fun these days, but by week’s end don’t be surprised to see a surprise rate cut by the Fed. Why not – they’ve botched everything else up so far, making our short selling activities both easy and very profitable. And a surprise rate cut will not change anything. All that need be done is to prepare.

news.goldseek.com >> 4 February 2008

Dow / Gold Ratio Tells The Story
By: Captain Hook
Don’t say you were not warned. Warned about what? The coming depression in the global economy perhaps? No – that’s not what I am referring to; however, this should be a very big concern to all never the less.

news.goldseek.com >> 28 January 2008

Questioning The Global Growth Metric
By: Captain Hook
Most are having trouble putting two and two together in terms of what is happening here because the stock market is falling so fast. The fact of the matter is most traders that are still solvent are the perma-bulls who have been rewarded by the short squeeze since the 2003 lows.

news.goldseek.com >> 21 January 2008

Diamonds In The Dow
By: Captain Hook
At first glance at the title above, because of the proliferation of Exchange Traded Funds (ETF’s), with Dow Diamonds one of the most highly traded examples, one might think a discussion on the related subject matter is what we intend to talk about here today. Of course if you were an experienced market technician, and have been following the trade of late, you might have known right away this is not the case at all.

news.goldseek.com >> 14 January 2008

End Game Dynamics
By: Captain Hook
Central banks are now showering the economy with accelerating quantities of fiat digits like never before, which is having the effect of extending the current boom cycle even longer in spite of the natural tendency for system failure.

news.goldseek.com >> 7 January 2008

A Mexican Standoff
By: Captain Hook
The inflation and deflation camps are now at completely opposite ends of the spectrum – each staring the other down in a Mexican Standoff of sorts. In this regard it’s not uncommon to find articles telling us why inflation is the big concern right along side others that provide lucid arguments as to why 1929 is just around the corner.

news.goldseek.com >> 3 January 2008

The Domino Effect
By: Captain Hook, Treasure Chests
There’s no reason to be short the stock market from a seasonal perspective anymore. And with all the giveaways these days, along with apparent ample money supply, again, if contemplating participation in the stock market, without a doubt the ‘rational man’ would be compelled to be long given it appears authorities have the subprime mess under control – right?

news.goldseek.com >> 27 December 2007

The Need For Speed – Part Deux
By: Captain Hook, Treasure Chests
The credit crunch continues to worsen, where very soon attempting to paper over all problems with more derivatives and bailouts will no longer work, and authorities will be compelled to increase currency (just another derivative) debasement rates to higher thresholds around the world. Correspondingly then, and as was the case in the early to mid-80’s to stimulate the US economy, expect Money At Zero Maturity (MZM) growth rates to top 40-percent in coming days as authorities are forced to monetize increasing bank failures and facilitate ‘price stability’.

news.goldseek.com >> 17 December 2007

Paper Promises Poised On Precarious Perch
By: Captain Hook
Whether it be due to a global currency crisis, it’s effects, or because worse is yet to come, no matter, the ever-growing hyperinflationary mountain of paper promises is precariously perched on the edge of a precipice ready to fall, and in doing so; such an event would accelerate the end of the US Dollar ($) empire, along with its dominance in world affairs and trade.

news.goldseek.com >> 10 December 2007

Credit Crunch Contagion
By: Captain Hook
Make no mistake about it, the credit crunch is still spreading and contagious, and will remain that way until all debt that needs to be purged from the system has been expunged. Unfortunately for all concerned, with conditions in key factors displaying signs of Super-Cycle Degree tops, such as in demographic trends for example, this process could take longer than the current batch of bankers would prefer, and in fact likely scuttle the present day credit-based monetary system as a result.

news.goldseek.com >> 3 December 2007

Catch-22
By: Captain Hook
What can I tell you, but I told you so. Finally, Europeans are waking up to the fact cake eaters on Wall Street intend to devalue their way out of their problems, as forecast here on these pages recently. This is because it’s really beginning to hurt, and it now appears the US intends to make the currency trade a one way event in postponing any pain like the stock market.

news.goldseek.com >> 26 November 2007

Why Silver Is About To Take Over For Gold
By: Captain Hook
The US Dollar ($) is losing its global reserve currency status, and the rate at which this is occurring is accelerating in direct proportion to easy money policy of the Fed. As with the $’s reaction to the Fed’s policy decision, any further administered rate cuts will be met with an accelerating decline in the $, along with unfavorable and opposite reactions in market rates.

news.goldseek.com >> 19 November 2007

Global Disparities Put Crack Up Boom At Risk
By: Captain Hook
So what does a precious metals investor do under such circumstances? Answer: Pull your horns in, even if it’s only to avoid seasonal weakness anticipated in November. You see there has never been an instance of negative stock market returns for the week ending October along with the first few days of November, but next week could be interesting if long rates were to take off in spite of hawkish talk out of the ECB.

news.goldseek.com >> 12 November 2007

US Dollar Devaluation Signals Risk Of Accelerating Global Hyperinflation
By: Captain Hook
Soon, the falling US Dollar ($) will reach a point of maximum pain, where trading partners will be forced to print enough currency to absorb accelerating quantities of $’s or have their currencies soar further against American fiat. Known by many as the ‘race to zero’ all fiat currency systems undergo in their latter stages, and based on the observation the $ has now signaled it’s in crash mode, one should expect this process to accelerate as essentially what is occurring is US debt holders are being bailed out.

news.goldseek.com >> 5 November 2007

Gold Is A Win – Win Proposition
By: Captain Hook
Needles to say, Friday was not a good day for stock market bulls. Media types are attributing the fall in stocks to the market finally waking up to the fact the credit crunch is worse than previously thought, and in a sense they are correct.

news.goldseek.com >> 29 October 2007

Digital Nirvana And The Unfolding Mania In Precious Metals
By: Captain Hook
Gold is set to move higher over the next few days towards $800 in a blow-off of the larger sequence since summer. This could send some precious metals stocks far higher than may be contemplated by some, where corrections would only take complex components back to current proximities.

news.goldseek.com >> 22 October 2007

Stranger Than Fiction
By: Captain Hook
A week ago if you would have told me past a muted quarter end window dressing related ‘jam job’ the funds were going to push prices to either new or recovery highs in a multitude of markets I would have said ‘not likely’, but that’s exactly what happened. But then that’s what happens in a surreal world where reality has become stranger than fiction.

news.goldseek.com >> 15 October 2007

The Panic Window Approaches
By: Captain Hook
Adding to the list of things that can go wrong from our last discussion, things that could cause a possible dislocation in the stock market during the possible panic window opening next month, we have an astute observation by Rick Ackerman. Then you have Gary North out further discussing Fed antics associated with a contracting monetary base, which he is suggesting will topple the equity complex, and possibly the system.

news.goldseek.com >> 1 October 2007

The Morgan Legacy
By: Captain Hook
That’s right – all you need do is look at the gold chart to know everything is not under control, including inflation practices. The implication here is the bailouts will just keep on coming as the crash in financials continues to take its toll. Somebody should have clued Greenspan into this brand of thinking long ago, no?

news.goldseek.com >> 24 September 2007

The Paper Game
By: Captain Hook
Apparently we have arrived – arrived at the point where any and all problems encountered must now be papered over – and we’ve gone global in this regard. You might want to listen to Jim Sinclair’s talk on why the derivatives problem will necessarily lead us into hyperinflation. I’m not sure I agree with all his assertions, however the primary message is undeniable, and the market action is backing such claims, so they must be taken seriously.

news.goldseek.com >> 18 September 2007

Between A Rock And A Hard Place
By: Captain Hook
Between a rock and a hard place – how does such a catchphrase fit into this picture then? In a nutshell, and in relation to the above, this is where Bernanke’s Fed currently resides, stuck between a rock, which is the monetary discipline a rising gold price demands, and a hard place, which is deflation.

news.goldseek.com >> 12 September 2007

And Now For Something Completely Different
By: Captain Hook, Treasure Chests
Further thoughts along these lines are presented here by Richard Cook, who does a good job of pointing out the obvious, like we are already in recession, which of course is not mentioned on bubble-vision (think Bloomberg) because this kind of thinking threatens the paper empires of New York and London. And you may have noticed on the bounce off the lows in stocks that some issues are doing much better than others; again, reaffirming the tendency for the powers that be to support their own interests, which involves keeping the broad market bubbles inflated.

news.goldseek.com >> 4 September 2007

Bernanke Blinks – But Will It Matter?
By: Captain Hook
Well, Bernanke was wrong, and those pointing out the credit crunch was contagious, including yours truly, were right. Of course it should have been no surprise hearing such an official forecast considering what’s at stake, that being the global economy. Oh – and that’s not all that’s at stake. The Fed’s future ability to affect the economy is also at stake, where many are watching to see how Bernanke stacks up in comparison to Greenspan under pressure, this being Bernanke’s first big test.

news.goldseek.com >> 28 August 2007

A Recipe For Disaster
By: Captain Hook
As explained Tuesday, the Fed was not about to give into the mob (in terms of official policy) just yet in consideration of the Presidential Cycle and dollar ($), with the end result being the market thought they were demonstrating the economy is stronger than people think, which turned into a credibility boost as stocks continued to squeeze higher. This of course is really just a bluff on the Fed’s part, as the credit cycle is turning down, meaning the economy (all Western economies) is in a great deal of trouble moving forward. Here, as you know, stocks are rising not because they are discounting better times ahead, as price managers would have you believe. No, they are rising because of historically high short positions set against ample liquidity conditions sufficient to spark consecutive short squeezes higher, which is why the stock market never corrects fully.

news.goldseek.com >> 23 August 2007

Into The Breach
By: Captain Hook
The stock market triggered a Dow Theory sell signal Friday, with both the Dow and Transports closing below June lows, and new lows for the move. Now we have confirmation from a very reliable indicator the stock market is in real trouble to go along with our own observations last week. In relation to this, speculators continued to take put / call ratios down on Thursday, which was part of the reason stocks fell Friday.

news.goldseek.com >> 16 August 2007

Stock Market Panic In Progress
By: Captain Hook
The market is telling officialdom, and specifically Bernanke, that like in the lead up to the 1929 stock market crash (which was 90%), the true health of the economy is not being interpreted correctly, and that official policy is not sufficiently accommodative. As alluded to during the course of the week, this misread and mishandling of the situation has a great deal to do with the stubborn resilience of Chinese stocks, commodities, and freight rates, which are all barometers of the ‘global economy'.

news.goldseek.com >> 7 August 2007

The Bourgeoisie Of America
By: Captain Hook
To say these are interesting times is undoubtedly an understatement in my view, as I am a conservative by nature. And the dichotomies – don’t get me started on them. In the US, supposedly the exemplar of free enterprise in the world, never have so many owed so much to the state, while at the same time it appears those in power have embraced capitalism to its fullest degree, spending money here and there as long as kick-backs in the form of political contributions keep coming. What do we call this – selective capitalism?

news.goldseek.com >> 31 July 2007

Canadian Junior Mining Shares Ripe For The Picking
By: Captain Hook
The opportunities in Canadian junior mining shares has never been better. And now is the time to get in before prices skyrocket higher in my opinion. As mentioned the other day in pointing out the precious metals sector is turning higher, when the Canadian $ heads over parity against the Greenback, American investors will be looking for a home for excess cash they wish to hold in Loonies.

news.goldseek.com >> 23 July 2007

Harry Houdini – Seasonal Patterns -- And Liar’s Loans Toxic Waste
By: Captain Hook
Market pundits are coming out of the woodwork prognosticating financial markets are in real trouble now because the subprime mess will spread to other markets, and a ‘blood bath’ will occur in everything from commercial loans to the stock market. And then select others more conservatively espouse, while they are open to such possibilities given global imbalances / bubbles are undoubtedly stretched, it’s not over until the fat lady sings, but that at a minimum we should count on increased volatility in the days ahead.

news.goldseek.com >> 16 July 2007

Cyclical Highs – Secular Trends – And The Sinking Of The USS Titanic
By: Captain Hook
A great deal has already been written on this subject as it pertains to both stocks and commodities, with Michael Alexander’s work a shining example in this regard. Of course if you were to compare how the markets are behaving in relation to how conventional analysis along these lines was foretelling what we should expect back at millennium’s turn, one might be quite surprised today.

news.goldseek.com >> 10 July 2007

The Perfect Storm
By: Captain Hook
Have we finally arrived – arrived at the point where we can say the perfect storm is unfolding before our very eyes? I don’t know about you, but in my eyes it appears this may very well prove the case. Certainly one of the more important factors in this regard has got to be the inevitable war with Iran military forces appear to be preparing for that could send oil prices substantially higher.

news.goldseek.com >> 18 June 2007

Credit Cycle Crunch
By: Captain Hook
Is a credit cycle crunch about to befall global finance? There are those who would argue that although mature Western economies could certainly feel the pinch if credit trends begin to reverse, Eastern economies are immune from such considerations with growth prospects for the area still so robust. And you need to realize a great many investors have their portfolios aggressively positioned with this belief in mind, having thrown all sense of caution to the wind.

news.goldseek.com >> 11 June 2007

The Greenspan Experiment
By: Captain Hook
Based strictly on technical evidence displayed in the above then, if channel related support for gold was to fail here, with $650 ‘key’ in this regard, the implication is a fall to $550 would be in order. This is undoubtedly what the banking community would like to see because this would mean they continue to hide inflation effectively. Again however, and with the benefit of other technical information, along with fundamental knowledge that does not show up in the charts, gold would be trading much higher if allowed to fully reflect the monetary largesse imposed upon us, so on this basis a break must be viewed as unlikely at this point.

news.goldseek.com >> 4 June 2007

In The Heart Of The Mania
By: Captain Hook
That’s where we are at present – right in the heart of the mania. Are we referring to the stock market mania in isolation? Heck no. We are referring to the source of all the manically derived asset bubbles floating round these days, that being the mother of all bubbles then, the credit bubble. And as Doug Noland correctly points out this week in his column, Credit Bubble Bulletin, and as alluded to above, it should be realized these bubbles include more than just ‘investments’, but all sorts of things (collectibles), such as fine art.

news.goldseek.com >> 14 May 2007

A Tale Of Two Cities
By: Captain Hook
All three, the Dow, Transports, and Utilities all closed at record highs on Friday. This is all very good from a Dow Theory perspective, providing confirmation the stock market is in a strong up trend. But how can this be with the economy in the States on the fritz? How can this be with real estate in the dumper and the threat of a credit crunch (a steepening yield curve) at the same time? Answer: It’s a tale of two cities, that of Beijing with the Summer Olympics to prepare for next year; and New York, the center of Western influence, where bankers conspire to inflate the US housing slump away.

news.goldseek.com >> 30 April 2007

The Road To Hyperinflation
By: Captain Hook
Private equity deals have replaced the consumer in continuance of expanding the macro-credit cycle, where the deals just keep getting bigger and bigger in the race to become more efficient operationally. This is how bankers are currently managing growth in the credit cycle, but with deflationary forces now bearing down on macro credit growth trends on the commercial side of the equation too, to go along with an exhausted consumer, it must be recognized the larger cycle is set to wind down in coming days. This of course would not be good for inflation bulls if not replaced with something else to keep the larger monetary base growing.

news.goldseek.com >> 24 April 2007

First Comes Denial – And Then Acceptance
By: Captain Hook
It’s no secret markets are dramatically affected by investor psychology. And it’s also no secret the right investor psychology can cause prices to soar with a healthy liquidity backdrop, as was the case with both the tech bubble in 2000, and in real estate more recently. In fact, given participation rates in both of these bubbles was so high, it would not be a stretch to categorize them as manias in the truest sense of the word.

news.goldseek.com >> 16 April 2007

Stagflation Resolutions In Mature Fiat Based Economies
By: Captain Hook
Stagflation best describes the prevalent condition in mature industrialized economies at present. At the same time however, Asian Tigers led by China are still industrializing and are now aggressively expanding domestic economies as their populations strive to acquire western lifestyles. For this reason, and unlike developed economies whose populations are over-indebted, growth (both economic and debt) is still brisk in this region.

news.goldseek.com >> 2 April 2007

The World According To Garp
By: Captain Hook
But, what if inflation efforts fail? Is this what will be necessary for precious metals to take off? Will the panic associated with such a development mark the ‘official turn’ into hyperinflation? The answer to the second and third questions is ‘yes’ in my opinion, where the reasoning behind the logic is found in answering the first. Here, if for some reason prices begin to fall, and threaten a sequence much like that seen in the year 2000 with the unwinding of the tech bubble, while scary at first, until proven otherwise, the educated investor must assume monetary authorities will attempt to stay ahead of the curve.

news.goldseek.com >> 13 March 2007

The Need For Speed
By: Captain Hook
The world is awash in dichotomies, misperceptions, and imbalances that make it very difficult indeed for independent investors to safely navigate shark-infested waters of the seven seas today. A good example of this is the spin media types are attempting to pawn off as a rational explanation for the quarter point rate hike in Japan last week. As per the attached, and consistent with central bank community party line ‘rhetoric’, or ‘propaganda’ if you will, monetary authorities in Japan are attempting to make it appear the economy is just right, as with Goldilock’s porridge, not too hot or cold.

news.goldseek.com >> 7 March 2007

Martin Armstrong’s Revenge
By: Captain Hook
Margin Debt – it’s a portfolio killer – especially when combined with feelings of euphoria and complacency. This was the predominant condition in the stock market that allowed for this little crash, and what is most likely to come. Fear about the Yen Carry Trade being unwound sparked by the sell-off in Chinese stock markets Tuesday has set off ripples throughout the entire financial system that will in time culminate to produce a genuine financial calamity.

news.goldseek.com >> 20 February 2007

Margin Debt Analysis
By: Captain Hook
Why is gold rising? Answer: Because the Fed has no choice but to inflate or die. And according to Peter Schiff we are coming ever so close to a crisis in this regard, one that will level many portfolios of naïve investors. What’s more, one should see no coincidence then in the fact John Hathaway, who manages the Tocqueville Gold Fund, thinks we are very close to a re-pricing of gold as well.

news.goldseek.com >> 25 January 2007

Is Gold Poised To Surprise?
By: Captain Hook
Gold and silver are pushing higher. In spite of this however, precious metals shares continue to lag, as investors anticipate the rally to be temporal. This means the precious metal share to metals ratios are not pushing higher, characteristically signaling an end to the rally is neigh. What’s worse, it appears investors are bound and determined to break precious metals shares down, as evidenced by the fact ratios are on key ‘triangle related support’.