Question / Help Corrupt signal from Diamond GC500

Been trying to stream properly for about a year now, never with any luck on my Mac. Well I got a PC so let's see if I can get this figure out.

I selected standard settings as suggested by the Twitch OBS setup tutorial. I plugged in my Diamond GC500 HD capture device, and I get a black and white fuzzy signal that looks like an old warped VHS tape. I'm using the Y/Pb/Pr component cables. If I switch my Xbox 360 cable from HDTV to regular TV, the signal stabilizes, but it's still in black and white. What the hell is wrong with me that I can't get any stream setup to actually work?!

https://gist.github.com/2e88a2bd0bd67c224683


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